Post COVID-19: FG to provide stimulus package for MSMEs
- The federal government has assured Nigerians that it will soon roll out additional stimulus packages for small businesses
- This was disclosed by the special assistant to the president on MSME in the office of the vice president, Tola Johnson
- The government is also going ahead with the second edition of the National MSME Clinic award to encourage small businesses
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As Nigeria prepares for life after the COVID-19 pandemic, the federal government has assured citizens that it will soon roll out additional stimulus packages for Micro Small and Medium Enterprises (MSMEs) across the country.
This was disclosed by the special assistant to the president on MSME in the office of the vice president, Tola Johnson.
Johnson made the disclosure at a virtual briefing on Friday, May 29, which centred mostly on the forthcoming National MSME Clinic award.
Source: Twitter
The inaugural edition of the award was held last year, while the second edition will be held amid the COVID-19 lockdown in order to continue encouraging small businesses across the country.
In a bid to encourage the entrepreneurs, President Muhammadu Buhari will address them at the award ceremony.
For this year’s MSME clinic award, all award recipients and other participants and guests will join the event via video conference from different locations across the country.
The portal for the nomination of MSMEs for the 2020 MSMEs Awards shall open on Monday, June 1, for a period of 4 weeks, and all registered MSMEs in the country can be nominated or nominate themselves in the different categories of the awards.
According to Johnson, every MSME qualifies for the award as long as the business is registered with a Corporate Affairs Commission and tax identification number.
The award this year would be held on Thursday, July 16 and would be virtual.
Vice President Professor Yemi Osinbajo is scheduled to coordinate the virtual awards.
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Meanwhile, the Buhari administration will on Tuesday, June 9, inaugurate a 200,000 capacity yam storage facility for MSMEs in Benue state.
The facility located at the Zaki Biam International Yam Market in the state is part of the National MSMEs shared facility scheme.
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Source: Legit.ng
