Nigeria announces Presidential N200bn Fund for MSMEs

The Nigerian Government has launched the Micro, Small and Medium Enterprises and Manufacturing segment of the Presidential N200 billion Intervention Fund. Minister of Industry, Trade and Investment, Doris Uzoka-Anite , announced the launch of the Intervention Fund in a statement on Monday.

The Minister said that the FG is pleased to report that the initial disbursement to nano businesses has been met with success. For the allocation of funds, N75bn has been earmarked for MSMEs while N75bn is for the manufacturing sector.According to the Minister, National Identification Number is a major requirement for the Federal Government Grants and Loans Scheme.

The Nigerian Government has launched the Micro, Small and Medium Enterprises and Manufacturing segment of the Presidential N200 billion Intervention Fund. Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced the launch of the Intervention Fund in a statement on Monday. Uzoka-Anite said with applications for the Presidential Conditional Grant Scheme now closed, the…

The Lagos State Police Command has commenced an investigation into the death of a man stabbed by an inspector identified as Taofeek on Saturday at the Skymall shopping mall in Ajah. Lagos police spokesperson, Benjamin Hundeyin, disclosed on Sunday that the victim is Anosikwa Patrick, “The police officer has been identified as Inspr Taofeek, member…

The All Progressives Congress , Kano State chapter, has urged the public to ignore the purported suspension of the national chairman of the party, Dr Abdullahi Ganduje.

Federal Government Presidential N200 Billion Intervention Fund

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