Adamawa State’s Executive Council has authorised the government to access N1 billion from the Central Bank of Nigeria (CBN), to boost Small and Medium  Enterprises (SMEs).

Alhaji Iya Daware, Commissioner for Commerce, said the gesture was to boost small scale businessed in the state,  and the decision also demonstrates the commitment of the administration to empower the people of the state.

According to him, apart from the giant strides in physical infrastructure, “we are now shifting to the human capital development in the state”.

The commissioner gave the assurance that the funds would be distributed fairly to operators of small and medium scale businesses, to achieve the purpose.