The Presidency has announced that artisans in 11 states and
the Federal Capital Territory (FCT) have started receiving N30,000.
Laolu Akande, spokesman to Vice President, President Yemi
Osinbajo said this in a statement on Saturday.
The one-time grant is under the Artisan Support Scheme of
the Federal Governments’ Survival Fund programme to support Micro Small and
Medium Enterprises (MSMEs) nationwide.
The current beneficiaries are in the first stream.
Those in Lagos, Ondo, Kaduna, Borno, Kano, Bauchi, Anambra,
Abia, Rivers, Plateau and Delta states and the FCT are reviving theirs.
The statement said registration for the second batch of
states has already begun.
There will also be a third batch of the disbursement.
“All the 36 states and FCT are covered and verified
beneficiaries will be paid the one-time grant. Another phase has begun on the
survival fund scheme where 250,000 businesses names will be registered by the
CAC for free”, Akande said.
He added that the Federal Government will pay for the cost
of the business registration of first 250,000 Nigerians that apply.
The presidency further confirmed that the MSME Survival Fund
scheme will pay three months’ salaries of certain categories of workers.
The Survival Fund Payroll Support will pay N30,000 or
N50,000 grant over three months to 500,000 beneficiaries nationwide.
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One wonders what business 30000 Naira can initiate in present Nigeria.
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