ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home National

FG begins distribution of N30,000 grants to 333,000 artisans

to register 250,000 business names free

27th October 2020
in National
0
FG introduces new yellow card for travellers
0
SHARES
831
VIEWS
Share on FacebookShare on Twitter

Juliana Taiwo-Obalonye? Abuja

The Federal Government Tuesday disclosed that it has began the payment of N30,000 one-time grant to 333,000 artisans across the country as part of implementing the Economic Sustainability Growth Plan.

The payments are made to sets of verified beneficiaries of the Artisan Support Scheme, a track under the MSMEs Survival Fund.

A statement made available by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, he explained that the first stream of payments which started Tuesday are to beneficiaries 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,” Akande said.

The Presidential media aide, explained that the MSMEs Survival Fund scheme is a component of the Nigerian Economic Sustainability Plan, (NESP), developed by an Economic Sustainability Committee established by President Muhammadu Buhari in March 2020.

Vice President Yemi Osinbajo, heads the committee which produced and is overseeing the implementation of the plan.

Akande explained further that under the ESP, the Survival Fund is generally designed to among other things, support vulnerable MSMEs in meeting their different obligations and safeguard jobs in the sector.

The applications for the Artisans’ Support Scheme under the MSMEs Survival Fund was opened on October 1.

Meanwhile, the enumeration for the second stream of States under the Artisan Support Scheme has also commenced with enumerators in various States compiling the lists of artisans through their association leaders. All artisans are expected to liaise with their association leaders to document their details.

Akande said: “The registration of applicants for Stream 2 began on the 19th October 2020. States under Stream 2 are: Edo, Ogun, Ekiti, Katsina, Kebbi, Kogi, Kwara, Enugu, Ebonyi, Adamawa, Taraba, Bayelsa.

“In the same vein, enumeration and verification of the documents of applicants under the Survival Fund Payroll Support scheme is still ongoing. Dates for the commencement of payment would be announced in due course.

“The application process for the payroll support scheme, which began on September 21, had ended on the 15th of October 2020. Accepted applications are categorized by industry sectors, including Education and Hospitality, among other sectors.

“However, there may be an extension for applications for some States that have not met their quota on beneficiaries.  The Artisan Support Scheme is to benefit about 9,000 Nigerians per State and FCT.

“In addition, the formalization support under the MSME Survival Fund will also commence today (Tuesday). This involves free business names’ registration for 250,000 MSMEs nationwide by the Corporate Affairs Commission (CAC).”

Akande quoted the CAC, as saying that 6,606 business names in each of the 34 states will be registered free.  He added that 7,906 free registrations will be done from Abuja, 9,084 from Lagos and 8,406 from Kano.

He added that a date for the commencement of the Guaranteed Offtake Scheme under the Survival Fund will be announced soon, saying “This scheme is designed to safeguard existing small businesses and save jobs while ensuring continued local production by guaranteeing off-take of priority products

“The Offtake Scheme is a track specifically for MSMEs that are into production of items approved by the Steering Committee of the Survival Fund coordinated under the leadership of the Industry, Trade and Investment Minister of State Ambassador Mariam Katagum. The basic requirements include CAC certificate, valid BVN, SON or NAFDAC certification.

“The N2.3 Trillion Economic Sustainability Plan consists of fiscal, monetary and sectoral measures to enhance local production, support businesses, retain, create jobs and provide succour to Nigerians, especially the most vulnerable.”

Cyril

Cyril

Related Posts

20% children have sickle cell traits –NPC
National

Abia NPC assures credible census in 2023

2nd July 2022
… ‘Why state needs new breed politicians’
National

Kidnapping: Abia Govt out to tackle insecurity frontally’

2nd July 2022
Ekweremadu: Court orders NIS, banks to release Ukpo’s biodata
National

Ekweremadu: Court orders NIS, banks to release Ukpo’s biodata

2nd July 2022
Next Post
13 travellers killed on Kaduna-Kano road multiple crashes

13 travellers killed on Kaduna-Kano road multiple crashes

#EndSARS protest: Archbishop Idahosa urges Buhari to douse tension‎

#EndSARS protest: Archbishop Idahosa urges Buhari to douse tension‎

Election tribunal: We’ll not argue with PDP – INEC

Buhari reappoints Yakubu, INEC Chairman for another term

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Kidnapping: Abia Govt out to tackle insecurity frontally’

Osun election: Oyetola confident of victory

2023: Crisis brews in PDP over zoning of presidential ticket

Catholic Bishops, priests cry out: We are now endangered species

Ekweremadu: Court orders NIS, banks to release Ukpo’s biodata

Insecurity: To be honest, Buhari has not done well – APC Rep, Legor Idagbo

Trending

2023: Atiku begins consultations
Politics

2023: Six govs move against Atiku

2nd July 2022
0

From Fred Itua, Abuja Ahead of the constitution of the campaign organisation of the presidential candidate of...

Winning with the Nigerian spirit

I saw a Governor in Fashola —Tinubu’s wife

2nd July 2022
20% children have sickle cell traits –NPC

Abia NPC assures credible census in 2023

2nd July 2022
… ‘Why state needs new breed politicians’

Kidnapping: Abia Govt out to tackle insecurity frontally’

2nd July 2022
… Extend  hand of fellowship to  co-contestants, Tinubu tells Oyetola

Osun election: Oyetola confident of victory

2nd July 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • 2023: Six govs move against Atiku
  • I saw a Governor in Fashola —Tinubu’s wife
  • Abia NPC assures credible census in 2023
  • Kidnapping: Abia Govt out to tackle insecurity frontally’
  • Osun election: Oyetola confident of victory
  • 2023: Crisis brews in PDP over zoning of presidential ticket
  • Catholic Bishops, priests cry out: We are now endangered species
  • Ekweremadu: Court orders NIS, banks to release Ukpo’s biodata
  • Insecurity: To be honest, Buhari has not done well – APC Rep, Legor Idagbo
  • 2023: Nigerians should vote for who‘ll unite the country–Ucheaga
  • 2023: zonING political offices, undemocratic–Oba Maduabuchi (SAN)
  • With Atiku and Okowa, PDP remains a better choice for Nigeria
  • Words of wisdom from the Ejiofors: The best wealth is one that couples struggle together to make
  • IPMAN threatens legal action against NMDPA over alleged 74bn transport claims
  • Stakeholders strategise to end crude oil theft in Niger Delta
  • Akwa Ibom APC petitions INEC chairman over REC
  • Man stealing cables electrocuted in Aba
  • Gov. Ugwuanyi is in our good books, says Pensioners’ National President
  • Pastor, wife held as 3 die in church during deliverance
  • FG ready to address maritime problems –Osinbajo

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....