Expert, Adeyomo Babatunde Admonishes Tinubu On Monitoring Loan Facility Meant For MSMEs
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An expert in real estate Dr Babatunde Adeyemo, has admonished President Bola Tinubu to thoroughly monitor the implementation of N125bn funding for Micro, Small, and Medium Enterprises (MSMEs) in the country.
The estate guru also urged the president to extend thorough monitoring for the N75bn loan facility meant for 75 manufacturing enterprises at 9% per annum with a maximum of 60 months of repayment for long-term loans and 12 months for working capital.
He noted that such moves will ease the hardships associated with the removal of fuel subsidy, Adeyemo warned the president against actions of beneficiaries who will take the funds as “their portions of the national cake.”
Adeyemo, who is the CEO of Pelican Valley Nigeria Limited, stated this in Abeokuta, the Ogun State capital when he was honored with the Yoruba Youth Humanitarian Icon of the Year 2023 award by the Yoruba Youth Assembly (YYA) as a result of his community-based service projects.
Adeyemo also urged the president to include youths and persons of integrity into his team to help drive his vision for Nigerians and implement, monitor, and evaluate the palliative measures to ensure success.
At the event which was held in Abeokuta, the Ogun State capital, he further urged Yoruba youths to embrace integrity, patience, perseverance, enterprising spirit, and avoid get-rich-quick impulses.
Speaking earlier, the President of YYA, Thomas Olarinde, described Adeyemo as a pragmatic leader in real estate practice whose humanitarian projects through the Oko Opo Foundation have impacted the lives of many
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