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Business News of Thursday, 28 May 2020

Source: www.mynigeria.com

FG to provide yam storage facility for smallholder farmers in Benue

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The Federal Government is set to inaugurate a 200,000-capacity yam storage facility for smallholder farmers and MSMEs at the Zaki Biam International Yam Market, Benue State.

This is in a bid to support small businesses across the country through the provision of critical infrastructure.

According to the Special Assistant to the President on MSMEs, Office of the Vice President, Mr Tola Johnson, this new facility will cater to the needs of smallholder farmers and MSMEs who before now were losing huge revenues due to lack of access to adequate storage facilities.

The facility is part of the National MSMEs Shared Facility Scheme being implemented by the Federal Government under the National MSMEs Clinics Initiative.

The Shared Facility Scheme was developed to provide for the needs of businesses under a production cluster arrangement.