Gombe State MSMEs Received N1.2 Billion From Federal Government – Osinbajo Reveals

Vice President, Yemi Osinbajo says the Federal Government has spent N1.2 billion to support Micro Small and Medium Enterprises (MSMEs) in Gombe State.

Osinbajo disclosed this while delivering his speech at the 27th edition of the National MSMEs Clinic held in Gombe, on Tuesday.

According to him, the MSMEs initiative of the Federal Government was aimed at boosting the economy of the country as well as creating jobs for Nigerian youths.

He said that the programme was an initiative of the President Muhammadu Buhari-led administration to support small businesses across the country, under the Economic Sustainability Plan (ESP), to help young businesses and the vulnerable.

“The programme has benefited Gombe state, with over 9, 085 employees from close to 2000 MSMEs in the education sector alone benefitting from the scheme.

“Another 10000 artisans and transporters in the state have also benefited, while 6000 new businesses had been registered free of charge with the Corporate Affairs Commission (CAC).

“In all, MSMEs in Gombe state have been supported by the Federal Government with almost N1.2 billion under the ESP.

“There is more to come, the Federal Government will provide more support; additional businesses and employees, we are told, are undergoing verifications to be shortlisted for payment,”

Osinbajo said.

ADVERTISEMENT

Join Keep helping people International Now

Read news and earn N20,000
Refer friends and earn N2,000
Upgrade your account with N2,000 and earn instant N10,000
Answer questions about Business and earn N20,000.

Bonus For You: The first 100 people in your state to register and quickly upgrade will receive N100,000 none refundable empowerment fund. Don't Miss This..... SIGN UP NOW

Share to social media

0 Comment


Write a comment