People & Money

Nigeria Begins Payment of N30,000 Grant to Artisans – FG

The Nigerian government on Tuesday said the payment of N30,000 one-time grant to 330,000 artisans across the country under the Economic Sustainability Plan has commenced.
The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, disclosed this in a statement.
The statement, titled “Payment of N30,000 grants to 330,000 artisans under ESP begins,” said the payments were being made to sets of verified beneficiaries of the Artisan Support Scheme, a track under the MSMEs Survival Fund.

Also Read: Food Inflation Lowest In Ondo State – Nigeria Bureau of Statistics

“In the first stream of payments starting today (Tuesday), beneficiaries are being drawn from the FCT, Lagos, Ondo, Kaduna, Borno, Kano, Bauchi, Anambra, Abia, Rivers, Plateau and Delta States,” the statement said.
“They form the first batch of applications for the scheme submitted between October 1 and October 10.
“The MSMEs Survival Fund scheme is a component of the Nigerian Economic Sustainability Plan which was developed by an Economic Sustainability Committee established by President Muhammadu Buhari in March 2020. The President asked his deputy, Vice President Yemi Osinbajo, SAN, to head the committee which produced and is overseeing the implementation of the plan.

Also Read: Buhari presents N13.08 Trillion Budget To National Assembly

“Under the ESP, the Survival Fund is generally designed to among other things, support vulnerable MSMEs in meeting their different obligations and safeguard jobs in the sector.”
The statement explained that enumeration for the second stream of states under the scheme has also commenced with enumerators in various states compiling the lists of artisans through their association leaders.
He said all artisans are expected to liaise with their association leaders to document their details.

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