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The Federal Government on Thursday inaugurated two schemes to support Micro, Small forex gagp Medium Enterprises MSMEsto cushion the effects of COVID and save oversmall businesses. The Minister of State, Industry, Trade and Investment, Amb. Mariam Katagum, Chairperson forex gagp the Steering Committee, who inaugurated the schemes at a World Press Conference, said that over 1.
According to the minister, forex gagp, part of the terms of reference of the NESP include, the support of MSMEs and the creation of jobs, hence the inauguration. Going by recent statistics released by SMEDAN and the National Bureau of Statistics NBS over 95 per cent of the 41 million MSMEs in Nigeria are micro businesses.
Consequently the nation could not afford to neglect this huge segment of its economic landscape, forex gagp. She explained that there were two categories of beneficiaries: Employees of MSMEs and self employed individuals. For the guaranteed off-take stimulus scheme, she explained that the impact of the lockdown occasioned by COVID, led to a fall in Nigerian corporate and household demands, forcing consumers to spend primarily on essential goods and services.
She disclosed that the government was putting in place mechanisms for effective and efficient monitoring and evaluation of the implementation matrix. She, however, called for the support of the media and indeed all Nigerians to the success of the projects. Your email address will forex gagp be published. Currency exchange rates in NGN on September 24, com is an online ONLY magazine that publishes daily banking news, forex gagp, banking information and reviews from Nigeria.
Our Mission is to deliver daily banking news, quality reviews and original articles that are well written and unbiased. With the focus to educate and inform our audience about banking with emphasis on the Nigerian banking environment, forex gagp. Our Vision is to be the reference for all Banks, Bankers and those seeking information about the Nigerian Banking environment. Copyright © Nigerian Banker, in partnership with BestEdge Digitals.
Contact us on ; Whatsapp message on ; Emails - nigerianbanker01 gmail. Home Article Cartegorisation Economic and Business. FG inagurates MSMEs scheme, targets 35, in each state. Previous Post FirstBank promotes career development, graduates 3rd set of SMDP participants Next Post Nobody importing food or fertilizer should be allowed official forex - Buhari.
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