Vice President Kashim Shettima, on Thursday, launched Nigeria’s largest Ultra-Modern MSME Fashion Hub in Enugu State. This is just as the Federal Government approved the disbursement of a N150,000 grant each to a yet-to-be-ascertained number of business owners in the state. Shettima said President Bola Tinubu is committed to creating a business environment that provides incentives and opportunities to transform MSMEs into formidable enterprises unyielding.
The Senior Special Assistant to the Vice President on Media and Communication, Mr. Stanley Nkwocha, revealed this in a statement he signed Thursday, titled, ‘Again, FG doles out N150,000 grant each to business owners.’ Nkwocha said the expanded national MSME clinics is one of the FG’s strategies for ease of doing business in Nigeria through a series of business fora organised nationwide to provide on-the-spot solutions to challenges confronting MSMEs, with the first, second, third and fourth editions launched in Benue, Ogun, Ekiti and Jigawa States respectively earlier this year.
Speaking during the launch, the Vice President noted that the N150,000, which is an outright grant with no repayment requirement, reflects Tinubu’s commitment to nurturing MSMEs and fostering economic growth in the country. “Distinguished ladies and gentlemen, I am pleased to announce that His Excellency, President Bola Tinubu, has mandated a grant of N150,000 each to be awarded to outstanding exhibiting MSMEs at today’s event. “Let.