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Tag: Mariam Katagun

FG disburses N10b Survival Funds to 101,567 beneficiaries nationwide

FG disburses N10b Survival Funds to 101,567 beneficiaries nationwide

Economy
Says initial challenges are being surmounted The Federal Government said it has so far disbursed about N10billion from the Micro, Small and Medium Enterprise (MSMEs) Survival Funds, to 101,567 beneficiaries till date, as part of commitment to lift Nigerians out of poverty. The N75 billion Survival Funds, which comprises the N60 billion MSMEs as well as the N15 billion Guaranteed Off-take Schemes, became operational in September, is the core of the N2.3trillion stimulus package of the Nigerian Economic Sustainability Plan. The Minister of State for Investment Trade and Industry Ambassador Mariam Katagun, disclosed this while briefing the media on the update of the Scheme. Katagun, who is also the Chairperson Steering Committee to the MSMEs Survival Funds and Guaranteed Off-t...