CBN Disburses Millions Of Naira To Cross River AGSMEIS Beneficiaries, Facilitated By Senator Gershom Bassey

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CBN Disburses Millions Of Naira To Cross River AGSMEIS Beneficiaries, Facilitated By Senator Gershom Bassey

By Emmanuel Onwuka, Calabar

The Senator representing Cross River South Senatorial District, Sen. Gershom Bassey has facilitated the disbursement of the Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) loans to over 100 members of his constituency who received between N2,000,000 (Two Million Naira) to N10,000,000 (Ten Million Naira) each to enable them grow and enlarge their businesses in the constituency.

AGSMEIS is an initiative of the Bankers’ Committee in a bid to support and complement the Federal Governments’ efforts at promoting Agri-businesses/Small and Medium Enterprises as a vehicle for sustainable economic development and employment generation.

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The Senator said what he is doing is one of his campaign promises to the good people of Cross River South who lined up in the scorching sun to cast their votes for him that earned him the seat as a Senator of the National Assembly from Cross River State.

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Gershom mentioned that he has carried out several empowerment programmes to uplift the people and will do more because his focus is the people.

He therefore urged the beneficiaries to use the loans judiciously so as to improve their businesses and better their lot as it will be a continuous process and the second phase will come up in no time.

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Speaking on behalf of the beneficiaries, Stella Bassey, Ededm Edem Effiong and Edeh Adaobi thanked Sen. Gershom Bassey for all the empowerment programmes carried out in the constituency, saying the people are feeling the impact of his representation.

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