The  Federal government has  kicked off the presidential grants and loans scheme  of 75billion Naira  for Micro Small and Medium Enterprises in Abuja.

At a nationwide town hall sensitization program which kicked off in Abuja on tuesday,the Senior Special Adviser to the President on Msmes and Job creation Tola Johnson said the loans will be given out on  a single digit interest rate 

The single digit loan according to Mr.Tola Johnson aims to cushion the effect of the hardship MSMES face  in the country.

He therefore called on all MSMES to go to any bank of Industry branch to apply for the loan for the  as government has removed all barriers to stringent conditions in accessing the loans .

The sensitization program will be made across  the six geo political zones of the country for any registered MSMES.