The United States Chamber of Commerce has made a commitment of about 320 million dollars to mortgage financing, Small and Medium-sized Enterprises (SMEs) in Nigeria

The commitment was one of the successes of Nigeria’s participation at the 79th Session of the ongoing United Nations General Assembly (UNGA).

TheVice President Kashim Shettima, who is representing President Bola Tinubu, and leading the Federal Government delegation at this year’s UNGA, met with other members of Nigeria’s delegation to strategise on Nigeria’s engagements in New York.

At a US-Nigeria Executive Business Roundtable hosted by the US Chamber of Commerce, Nisha Biswal of the American International Development Finance Corporation announced that with a portfolio of one billion dollars, it was investing 200 million dollars in mortgage refinancing in Nigeria.

The sum of 100 million dollars has also been earmarked for FCMB to finance SMEs in Nigeria, with particular interest in women’s empowerment.