The Sokoto State Government says it plans to establish three micro finance banks as well as a small and medium enterprises development agency to promote entrepreneurship among the people of the state. Speaking when he received members of the Small and Medium Scale Rice Millers Association in Sokoto Tuesday , Governor Aminu Tambuwal said the Sokoto State Small and Medium Enterprises Development Agency Bill had been presented to the state House of Assembly for passage into law. A statement by the Governor’s Chief Press Secretary, Imam Imam, on Tuesday, stated that Tambuwal gave the names of the proposed three micro finance banks as Giginya, Fodiyo and Gudale. The governor explained that there had been a decisive shift of emphasis from the “lavish capital intensive, large scale industrial projects to small and medium scale industries” because of the latter’s enormous potential for rapid and sustainable development. “Apart from their potential for ensuring a self-reliant indu...
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