Fri. Nov 8th, 2024

ARTISANS TO RECEIVE N30,000 GRANT-FG

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In line with the Implementation of the Economic Sustainability Plan, (ESP) the payment payment of N30,000 one time time grant to 333,000 artisans across the country has commenced . This was disclosed by the Senior Special Assistant to the President on Media & Publicity, Laolu Akande . The payments is expected to be made to the first set of verified beneficiaries of the Artisan Support Scheme, a project under the MSMEs Survival Fund.

The payments which will be made in batches , has the Fct, Lagos, Ondo, Borno, Kaduna, Kano, Bauchi, Anambra, Abia, Rivers, Delta and Plateau states in the first batch .

MSMEs is a survival fund scheme and also 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. The committee is been headed by the Vice President Prof. Yemi Osinbajo.

The Survival fund is generally designed among other things to support the vulnerable MSMEs, in meeting their different obligations, and also to safeguard jobs. It would be recalled that applications for the Artisans’ Support Scheme under the MSMEs Survival Fund opened on October 1.

In another development, 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 various association leaders. All artisans are expected to liaise with their association leaders to document their details.

States under the second include Edo, Ogun, Ekiti, Katsina, Kebbi, Kogi, Kwara, Enugu, Ebonyi, Adamawa, Taraba and Bayelsa.

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