The federal government of Nigeria through the Minister of State for Industry, Trade and Investment, Mariam Katagum, has announced that the registration portal for the N75 billion Micro, Small and Medium Enterprises Survival Fund and Guaranteed Off-take schemes of the Federal Government will be opened on Monday.
According to her, the project would run for an initial period of three months, and would be opened for 1.7 million entities and individuals across the country.
The minister also made the disclosure in a statement issued in Abuja on Saturday by the Assistant Director, Information, Federal Ministry of Industry, Trade and Investment, Oluwakemi Ogunmakinwa.
The project is one of Nigeria’s Economic Sustainability Plan, being implemented by the Federal Government to cushion the impact of the COVID-19 pandemic on the country’s economy.
“The project, which will run for an initial period of three months, is targeting 1.7 million entities and individuals and has provisions for 45 per cent female-owned businesses and five per cent for those with special needs.
“The registration portal for the schemes is set to open on Monday, September, 21, 2020, and I urge you (MSMEs) all to take full advantage of the schemes.”