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Minister: Nigerian government to replace BVN with NIN

FG Releases N27bn for MSME Survival Fund Scheme

By James Emejo The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, Thursday said a total sum of N27 billion has so far been released for the implementation of the Survival Fund Scheme. The fund was launched November 2020 alongside the Guaranteed Offtake Scheme (GOS), both targeted at assisting Micro Small and Medium Enterprises (MSMEs) to overcome the challenges posed by the COVID-19 pandemic. The N75 billion project forms the core part of the N2.3 trillion Nigeria Economic Sustainability Plan (NESP) currently being implemented by the President Muhammadu Buhari-led administration to help cushion the impact of the pandemic with a view to boosting the economy by saving existing jobs and creating new job opportunities.

FG inaugurates Steering C ttee to implement N50bn EEFP

FG inaugurates Steering C’ttee to implement N50bn EEFP On By Gabriel Olawale Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, yesterday, inaugurated an 11-man Steering Committee for the implementation of the Export Expansion Facility Programme, EEFP, under the National Economic Sustainability Plan. The EEFP aims to protect export businesses from the effects of Coronavirus, COVID-19, pandemic, safeguard jobs and de-risk the economy from shocks like pandemic. Its primary goal is to increase Nigeria’s export capacity in the near term and its export volumes in the medium term. The Federal Government will spend an estimated N2.3 trillion to fund the National Economic Sustainability Plan, but the N50 billion Export Expansion Facility programme would focus on driving economic growth through exports.

Examining Nigeria s water and sanitation sector in the COVID-19 Era

A News Analysis by Tosin Kolade The relevance of water to Nigeria’s national development is very pivotal to population growth, urbanization and increased efforts at agriculture and industrial development. This relevance has increasingly brought to the fore very key issues of the country’s existence, thus occasioning the need for increased access to water for Nigerians. The water sector is a pillar for food security, job creation, water supply, sanitation and hydropower generation. President Muhammadu Buhari has described the statistics on open defecation and access to pipe borne water service and sanitation as disturbing, and has declared commitment to implement the National Water Supply, Sanitation and Hygiene (WASH) Action Plan.

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