28 Oct FG begins distribution of N30,000 to artisans
The Federal Government has commenced the payment of N30,000 one-time grants to 333,000 artisans across the country as part of the Economic Sustainability Plan (ESP)
Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, in a statement, explained the payments were being made to verified beneficiaries of the Artisan Support Scheme, a track under the MSMEs Survival Fund.
He said in the first stream of payments starting on Tuesday, beneficiaries are being drawn 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.
The MSMEs Survival Fund scheme is a component of the Nigerian Economic Sustainability Plan (NESP). Under the plan, the Survival Fund is generally designed to, among other things, support vulnerable MSMEs in meeting their different obligations and safeguard jobs in the sector.