MSMED

Tenure of CBN’s MSMED fund not development-friendly  — MD, NPF MfB

Tenure of CBN’s MSMED fund not development-friendly — MD, NPF MfB

The Managing Director/Chief Executive Officer, NPF Microfinance Bank Plc, NPF MfB, Mr. Akin Lawal, in this interview, highlights some of the short-comings of the Micro, Small and Medium Enterprises Development, MSMED, Fund of the Central Bank of Nigeria (CBN) and SME funding from the Development Bank of Nigeria (DBN). He also provided insight to lending activities of the NPF MfB. Excerpt.