This is according to the Twitter handle of the MSME Survival Fund, as seen by MEDIANGR. The one-time grant is meant to support MSMEs across the country, to keep their businesses afloat through these very challenging times. As part of the requirements, some of the artisans who have been selected for the programme in Lagos underwent training and received certificates as an attestation to their participation in the life-changing training.
What you should know
MEDIANGR.COM.NG had earlier reported that the Federal Government of Nigeria commenced the payment of a one-time grant worth N30,000 to 330,000 selected artisans under the MSME Survival Scheme in over 11 states in Nigeria.
The Artisan Support Scheme, a one-off grant to artisans, is just a segment of the MSME Survival Fund programme. Other notable support schemes include the following:
- Payroll Support Scheme – payroll support for small businesses.
- Formalization Support Scheme – free business name registration.
- Guaranteed Offtake Scheme – support for local producers of priority products.
— MSME Survival Fund (@SurvivalFund_ng) November 4, 2020
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