The federal government has commenced disbursements of a survival support fund of N30,000 each to artisans across the country.
The Micro, Small, and Medium Enterprises (MSME) Survival Fund is an initiative of the federation government towards supporting small businesses in accordance with the Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006.
According to the plan, 9,000 artisans from each of the 36 states in the federation totaling 324,000 artisans will benefit from the government grants, and also from the federal capital territory.
“The first batch of beneficiaries of the N30,000 artisans grant, a component of @NigeriaGov’s @SurvivalFund_ng, have started receiving their grants. Eligible beneficiaries are artisans and self-employed individuals. Each State will have 9,000 beneficiaries”, federal government stated.
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