Edo State Government signed a Memorandum of Understanding (MoU) on Tuesday with LAPO Microfinance Bank for the disbursement of N300 million to Micro Small and Medium Enterprises (MSME) across the state. The loan according to the SSG, will be implemented by Edo State Skill Development Agency (Edojobs). The News Agency of Nigeria (NAN) reports that the Secretary to the State Government (SSG), Osarodion Ogie, signed the MoU on behalf of the State government while Gloria Bako, Executive Director, Corporate Services signed for LAPO MfB. Commending the board of Edo MSME funds, the management of Edojob, and LAPO Microfinance Bank, Ogie said that microfinance schemes all over the world were the engine room of any economy, he appealed to all beneficiaries to make use of the loan. He added that it was not a grant but a revolving loan that must be paid back. Peter Obaseki the chairman of the Advisory Board MSME Fund, had earlier commended the government for its sustained support for small bu...