EletiofeOver 30,000 people to benefit from FG survival fund...

Over 30,000 people to benefit from FG survival fund — Manager

-

- Advertisment -

Alu said that over 30,000 people would benefit from the various components of the Survival Fund Program.

Giving the breakdown, he said a total of 13,000 would benefit from the payroll support for MSMEs, 5,000 from general MSME grants, 6,606 from formalization support while 9,000 from artisans/transport grants.

Alu said the allocations for the state across the various components were inadequate following the large number of people in each category but he said there was a possibility of expanding the program

He said the town hall meeting was meant to educate the people on the benefits of the program, explaining that the entire program was free.

Alu said the component dealt directly with grants that would go to artisans and transport cadres, most of whom were members of associations that were not aware of the benefits of the program.

He said each of the artisans and transport support beneficiaries would earn N30,000 for three months.

“The essence of this meeting is to sensitize relevant stakeholders that have roles to play in creating awareness about Federal Government programs for MSMEs.

“The concern of government is to provide critical and timely support that can improve conditions of living for every Nigerian, most especially, following the lockdown necessitated by COVID-19,” Alu said.

Earlier, the Principal Special Senior Assistant to the governor on MSMES, Mr Emmanuel Donghdongh assured that the Survival Fund Program would not be hijacked in the state.

Donghdongh explained that the program was aimed at supporting small scale businesses to improve their lot.

He said though the support was small, it must get across all the target groups adding that all registration and processing of the entire program were free.

Speaking to NAN, a participant, Mr Ahmed Musa, State Secretary, Nigeria Automobile Technician Association said over 1,000 of his members would apply for the scheme.

Musa said the funds would help them to procure tools and he commended the Federal Government for remembering the poor in the country.

Latest news

USWNT coach Emma Hayes arrives in America with her work cut out ahead of Paris Olympics

NEW YORK — Emma Hayes peered out the window of a third-floor conference room overlooking Madison Avenue, out across...

Judge Hints at Plans to Rein In Google’s Illegal Play Store Monopoly

A jury in December found that Google broke US antitrust laws through deals and billing rules that gave an...

Most US TikTok Creators Don’t Think a Ban Will Happen

A majority of US TikTok creators don’t believe the platform will be banned within a year, and most haven’t...

The 30 Best Movies on Hulu This Week (May 2024)

In 2017, Hulu made television history by becoming the first streaming network to win the Emmy Award for Outstanding Drama...
- Advertisement -

Biden’s New Import Rules Will Hit Ebike Batteries Too

Last week, the Biden administration announced it would levy dramatic new tariffs on electric vehicles, electric vehicle batteries, and...

He Trained Cops to Fight Crypto Crime—and Allegedly Ran a $100M Dark-Web Drug Market

Two months ago, Lin Rui-siang, a young Taiwanese man wearing black-rimmed glasses and a white polo shirt, stood behind...

Must read

Judge Hints at Plans to Rein In Google’s Illegal Play Store Monopoly

A jury in December found that Google broke US...
- Advertisement -

You might also likeRELATED
Recommended to you