The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a ₦1 billion counterpart funding agreement with the Zamfara State Government to boost access to finance for small business owners in the state.According to a stateme… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEDAN, Zamfara partner on ₦1bn fund to empower small businesses By Busola Bamidele on September 19, 2025 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a ₦1 billion counterpart funding agreement with the Zamfara State Government to boost access to finance for small business owners in the state. According to a statement shared on its official X handle, SMEDAN said the partnership was sealed during a recent visit to Zamfara, where the agency reaffirmed its mission to support entrepreneurs and strengthen the growth of SMEs across Nigeria. Read also: SMEDAN, Zamfara partner on ₦1bn fund to empower small businesses Senator Binos boosts Adamawa farmers with 1,921 bags of fertilizer Nigeria's trade deficit hits N14trn as imports of manufactured goods soar Enugu targets $30bn economy, zero poverty with UK trade boost Nigeria $3.14bn agro investment portfolio boosts SMEs The funding initiative, signed with Governor Dauda Lawal, is aimed at providing financial support to small businesses, helping them expand operations, create jobs, and contribute to the state's economic development. SMEDAN added that the collaboration not only empowers existing enterprises but also reflects a shared commitment with the Zamfara State Government to drive local economic growth and open more opportunities for budding entrepreneurs.

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