Home Politics Tinubu Directs Disbursement of N150,000 Grant to MSMEs Clinic Participants
Politics

Tinubu Directs Disbursement of N150,000 Grant to MSMEs Clinic Participants

Share
Tinubu condemns killing of Northern Travellers in Edo
President Bola Tinubu
Share

Vice President Kashim Shettima announced on Thursday that President Bola Tinubu has directed the disbursement of a N150,000 grant to each participant of the expanded National Micro, Small and Medium Enterprises (MSMEs) Clinic.

Shettima made the announcement at the third edition of the MSMEs Clinic at the Trade Fair Complex in Ado Ekiti, Ekiti State.

The grant, which does not require repayment, aims to support small businesses, which the Vice President described as “the lifelines of communities across the nation and a strong pillar of stability during this critical phase of our economic transition.”

Shettima revealed the importance of prioritizing MSMEs, stating, “We cannot claim to have excelled in our interventions unless they remain our top priority.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

The expanded National MSME Clinics is a federal government initiative to ease doing business in Nigeria, providing on-the-spot solutions to challenges facing MSMEs.

READ ALSO: FG Considers Suspending Import Duties to Curb Inflation

The program has already been launched in Benue and Ogun states, with upcoming editions in Borno and Enugu states, culminating in the National MSME Awards in FCT on June 27.

During his visit to Ekiti State, Shettima also commissioned the Ekiti State Ultra-Modern Fashion and Garment Hub at Odua Textile Complex, Basiri, Ado Ekiti, which has the potential to create 48,000 jobs annually.

He praised the hub as a milestone in empowering local industries, rivaling global standards.

Governor Biodun Oyebanji thanked the Vice President for his support and wisdom, while Senate Leader Opeyemi Bamidele commended the collaboration between federal and state governments.

Minister of Solid Minerals Dele Alake assured the people of Ekiti State that their welfare is a priority for the federal government.

For publication of Press Releases, Statements, and Advert Inquiries, send an email to [email protected]
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
JUST IN: Peter Obi Denies Leaving Labour Party | Daily Report Nigeria
Politics

JUST IN: Peter Obi Denies Leaving Labour Party

The former presidential candidate of the Labour Party, Peter Obi has come...

Rivers State Sole Administrator Appoints New RSIEC Chairman, Members | Daily Report Nigeria
Politics

Rivers State Sole Administrator Appoints New RSIEC Chairman, Members

Rivers State Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd.), has appointed Dr....

NLC, TUC Gives Govs Ultimatum on N35k Minimum Wage
Politics

NLC mobilizes members to take over LP offices nationwide

The Nigerian Labour Congress (NLC) has directed its members to begin mobilizing...

INEC Deleted Presidential Election Results on BVAS Machine, Witness Tells Trinunal
Politics

INEC Breaks Silence on Chairman’s Sacking

INEC has denied rumors that its Chairman, Prof. Mahmood Yakubu, has been...