Monday, May 17African Business News
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Tag: N1.13 billion

Government disburses N1.13bn to 11,636 artisans, employees under survival scheme

Government disburses N1.13bn to 11,636 artisans, employees under survival scheme

Economy
The Federal Government has disbursed N1.13 billion to 11,636 individuals under the MSME survival fund/payroll support scheme in Akwa Ibom state. Specifically, each individual was paid between N30,000 to N50,000 each while 1,364 individuals are expected to benefit from the second phase of the exercise. A member of the Stakeholder Engagement section of the Bank of Industry (BoI), Akan Ekure, made this known while speaking with The Guardian in Uyo, during an activation event . CEO of Born Great Nursery and Primary school, Lateefat Isong Uyo Asada, and Mrs Abigail Akpabio, CEO of Abig Mega Agro as well as other beneficiaries commended the Federal Government for the support which they said really helped durig the Christmas celebrations. On his part, the South-South Acting Regional ...