265,425 beneficiaries under the Artisan and Transport Support tracks
172,129 business names registered free by CAC
In furtherance of the
Buhari administration’s support for small businesses during the COVID-19 pandemic under its Economic Sustainability Plan (ESP), payment would be made to the next batch of beneficiaries of the ESP Survival Fund’s Payroll support track and the one-off General MSME Grant of N50,000 as from this week.
This is expected to increase the number of beneficiaries under the Payroll Support track, which has so far benefitted a total of 319,755 Nigerians, while 265,425 Nigerians are beneficiaries under the Artisan and Transport Support track.
319,755 Nigerians benefitted from payroll support programme – Presidency
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The presidency says 319,755 Nigerians have benefitted from the Economic Sustainability Plan’s Survival Fund Payroll Support (FSP).
Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement in Abuja.
The one-off Micro, Small and Medium Enterprises (MSME) Grant of N50, 000, he said, will also begin within the week in furtherance of Federal Government’s support for small businesses during the COVID-19 pandemic under its ESP.
“This is expected to increase the number of beneficiaries under the Payroll Support track, which has so far benefitted a total of 319,755 Nigerians, while 265,425 Nigerians are beneficiaries under the Artisan and Transport Support track.
Artisans and transport business operators are also being supported with a one-time grant of N30,000.
According to a statement from State House spokesman Laolu Akande, 319,755 Nigerians have already benefited from the payroll support track while 265,425 Nigerians have benefited under the Artisan and Transport Support track.
The scheme is also helping small businesses register with the Corporate Affairs Commission (CAC).
About 172,129 businesses have so far benefitted from the registration support. The goal is to register 250,000 new businesses.
The Covid support plan is estimated to save not less than 1.3 million jobs across the country and specifically impact on over 35,000 individuals per state, according to the government.
319,755 benefitted from FG s payroll support scheme – Presidential aide punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.
The Federal Government will this week commence the payment of N50,000 to each of
the other beneficiaries of its Economic Sustainability Plan (ESP)Survival Fund under which 500,000 Nigerians are to benefit.
This is in furtherance of the President Muhammadu Buhari administration’s support for small businesses during the COVID-19 pandemic under its ESP Survival Fund’s Payroll support track and the one-off General MSME Grant.
The Media Assistant to the Vice President, Laolu Akande, in a release on Sunday disclosed that the number of beneficiaries under the Payroll Support track, were 319,755 Nigerians, while 265,425 Nigerians are beneficiaries under the Artisan and Transport Support track.