By Nneka Nwogwugwu
The Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, has stated that about 30,000 N-Power beneficiaries have been hired as agric enumerators.
Akande stated this in a statement on Monday in Abuja.
He also noted that Ministers and heads of agencies reported further progress in the implementation of the Federal Government’s Economic Sustainability Plan (ESC) as Vice President Yemi Osinbajo presided over ECS’s meeting on Monday at the Presidential Villa.
He said that N37bn was released for the Micro Small and Medium Enterprises (MSMEs Survival Fund).
The Survival Fund covers such schemes like N50,000 Payroll Support for three months to over 300,000 beneficiaries; one-time grants of N30,000 each to about 100,000 artisans, and 100,000 business name registrations paid for by the Federal Government.
Amb. Maryam Katagum, the Minister of State for Industry, Trade and Investment, reported the progress of the Survival Fund to the committee, the Vanguard reports.
The Central Bank Governor, Godwin Emefiele, reported on the bank’s intervention including disbursement of over N192 billion for household/MSMEs grants to 426,000 beneficiaries across the country.
He there said there were plans to do over N100 billion more in that category named Targeted Credit Facility.
Emefiele said that under the collateral-free Agric-Business/Small and Medium Enterprise Investment Scheme, there were ongoing grants of concessionary loans from between N150, 000 to N2.5million.