Now-style Project Highlights (announce tone)

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  N2.3 trillion SME Growth Fund (2025): Approved to empower thousands of small and medium-scale businesses across all 36 states through low-interest loans and grants, prioritizing agro-processing, light manufacturing, fashion and tech enterprises.

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  National Credit Guarantee / Credit Access Plan: Launched to expand loan access for traders, artisans and SMEs via a national credit guarantee scheme and digital lending platforms.

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  Subsidy reform & reinvestment: Savings from fuel subsidy removal have been redirected into infrastructure, social safety nets and MSME finance towards growth sectors — aiming to expand manufacturing, boost exports, and raise living standards across the country.

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  Tax & Business Reform Initiative: Simplified tax and registration rules to reduce multiple taxation and encourage business formalization.

Implementation (Now)

The administration has implemented fiscal and monetary measures to stabilize currency markets, increase formalization of businesses, and provide capital to growing enterprises. Policy action combines targeted MSME funding, tax and regulatory reforms, and reallocation of public finance towards growth sectors — aiming to expand manufacturing, boost exports, and raise living standards across the country.

Stakeholders

Ministry of Finance, Central Bank, State Governments, Commercial Banks, Development Finance Institutions, Trade Associations, MSMEs.