Vice President Yemi Osinbajo, has disclosed that plans to aid bussineses with one-time grant of N30,000.
Osinbajo disobedience that the beneficiaries would be picked from Lagos, Kano, State, Federal Capital Territory, FCT and nine more States in first batch.
He stated this in a statement signed by his spokesman, Laolu Akande.
Osinbajo also disclosed free CAC Business Names’ Registration for 250,000 MSMEs has commenced.
He said that as the implementation of the Economic Sustainability Plan progresses, the payment of N30,000 one-time grant to 330,000 artisans across the country is now in progress.
“The payments are being made to sets of verified beneficiaries of the Artisan Support Scheme, a track under the MSMEs Survival Fund.
“In the first stream of payments starting today, beneficiaries are being drawn from the FCT, Lagos, Ondo, Kaduna, Borno, Kano, Bauchi, Anambra, Abia, Rivers, Plateau and Delta States. They form the first batch of applications for the scheme submitted between October 1 and October 10,” he added.
The MSMEs Survival Fund scheme is a component of the Nigerian Economic Sustainability Plan, NESP, which was developed by an Economic Sustainability Committee established by President Muhammadu Buhari in March 2020.
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