KEDA and FCMB Partner to Empower SMEs and Agro-Enterprises in Kogi State

In a significant step toward economic revitalization, the Kogi Enterprise Development Agency (KEDA) has entered a transformative partnership with First City Monument Bank (FCMB) to provide much-needed financial facilities for Small and Medium Enterprises (SMEs) and agro-enterprises in Kogi State. This initiative underscores KEDA’s commitment to creating an enabling environment for businesses to thrive, directly contributing to the growth of the state's economy.

Governor Ahmed Usman Ododo, a proactive and visionary leader, has consistently championed initiatives that promote economic self-reliance and sustainable development. His administration’s unwavering focus on empowering entrepreneurs and supporting innovative collaborations has laid the groundwork for this groundbreaking partnership. This is yet another testament to his dedication to making Kogi State a beacon of economic progress and sustainability.

 *A Lifeline for SMEs and Agropreneurs* 

The partnership between KEDA and FCMB will provide SMEs and agropreneurs with access to affordable credit facilities, capacity-building programs, and expert financial advisory services. These offerings aim to address one of the most pressing challenges faced by entrepreneurs—access to capital and technical support. The initiative is poised to drive innovation, expand job opportunities, and unlock the potential of local enterprises, especially in agriculture, which remains the backbone of Kogi State's economy.

 *Why This Matters* 

1. Empowering Entrepreneurs: With tailored financial solutions, SMEs will have the tools they need to scale and compete effectively.

2. Agricultural Transformation

 Agro-enterprises will gain access to capital for modernizing operations, thereby enhancing productivity and food security.

3. Job Creation: Increased business activity will stimulate job growth across various sectors, particularly among youth and women.

4. Economic Growth: The ripple effects of empowered SMEs will be felt across the state's economy, driving up internally generated revenue (IGR).

 *KEDA: A Catalyst for Economic Transformation* 

Under the visionary leadership of Hon. Muhammed Kadiri Okeji, KEDA is proving to be a catalyst for economic transformation in Kogi State. By forging strategic partnerships and implementing impactful programs, the agency is ensuring that no business is left behind.

 *The Time to Act is Now* 

KEDA and FCMB have laid the foundation; what is needed now is unwavering support from all stakeholders to ensure the success of this partnership. Governor Ododo's continued support and focus on KEDA’s initiatives will not only strengthen the agency’s capacity but also send a strong message of hope and empowerment to entrepreneurs across the state.

Together, we can transform Kogi State into a thriving hub of innovation, commerce, and agriculture. Let’s keep building!

 *Released by:* 

Kogi Enterprise Development Agency (KEDA)