Borno state Governor Shettima To Disburse N2b CBN Loans To Citizens

Borno state governor, Kashim Shettima has launched the disbursement of the two billion naira accessed from the Central Bank of Nigeria (CBN) as loans to citizens of the state.
According to the state government, the government will bear interests to be accumulated by the loans while citizens will only repay the exact amounts they access through the Borno State Renaissance Micro-Finance Bank established by Shettima in his first term.
The launching took place in Maiduguri, the Borno State capital with 660 traders of the Maiduguri Monday Market benefiting in the first phase.

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