Monday, August 6, 2018

Meet Jerry Malo The Overall Winner Of MSME Award 2018

The overall winner of the Micro small medium Enterprise has emerged, the award which took place on the 2nd of August, 2018, at the State House Conference Centre, Abuja unveil a young entrepreneur  Jerry Malo from Plateau State as winner.

Plateau State Governor Simon Lalong has awarded a scholarship to the overall winner of the Micro, Small and Medium enterprises award, Jerry Malo, to study in any university around the world. The governor also pledged to build him a three-bedroom apartment and his father a new car.

Malo specialises in the fabrication of agricultural machines including a tractor which earned him the national award as MSME of the year. He was presented with a car and N1 million by Vice President Yemi Osinbajo as the MSMEAwards grand winner of the year, other winners were also rewarded  with cash & other consolation prizes.

VP Osinbajo stated at the awards that the government have partnered with the Central Bank of Nigeria and Commercial Banks to launch a credit facility that will make available to MSMEs, loans from 2 million to 10 million with little or no collateral for 5 to 8 years, and at interest rate of 5%.

The MSMEAwards aimed at encouraging MSMEs in the country.

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