FG to Support Nigerians with N50,000 Each for 8 Months to Boost MSMEs and Financial Inclusion

Affordable Data Plans for MTN, Airtel, Glo, and 9mobile at allmedia24data.com

President Bola Tinubu has announced a groundbreaking initiative by the federal government to support micro, small, and medium-sized enterprises (MSMEs) in Nigeria. In a nationwide broadcast on Monday, the President revealed plans to energize the crucial sector with a staggering N125 billion investment.

The program aims to empower 1 million nano business owners across the country, drawn from the 774 local governments, with a conditional grant of N50,000 each. This support will be provided from now until March 2024, totaling N50 billion in funding.

Buy Cheapest Data Price
Our Data Prices On JMData:
- MTN SME 1: N255 per 1GB
- MTN SME 2: N259 per 1GB
- Airtel CG: N278 per 1GB
- Glo CG: N230 per 1GB
- 9mobile: N125 per 1GB
Download Our Mobile APP to get started: [JMData] https://play.google.com/store/apps/details?id=com.encrypted.jmdata

PAWS IS THE NEXT $DOGS
This Mining is the next after #DOGS, Don't Miss it Out
Use this link below to Join 👇👇👇👇👇
https://t.me/PAWSOG_bot/PAWS?startapp=6ZSAPFb3

Furthermore, the initiative seeks to drive financial inclusion by onboarding beneficiaries into the formal banking system. To achieve this, 100,000 MSMEs and start-ups will be funded with N75 billion. Enterprise promoters can receive between N500,000 to N1 million at an attractive 9 percent interest rate per annum, with a generous repayment period of 36 months.

The move comes as a response to the economic challenges faced by the country, recognizing the significant role played by MSMEs and the informal sector in driving growth and innovation. By providing much-needed financial support, the government aims to bolster entrepreneurial efforts and foster economic development.

This commendable initiative reflects the government’s commitment to empowering Nigerians to thrive in their businesses and contribute to the nation’s prosperity. As the program unfolds, it is expected to have a far-reaching impact on small businesses, job creation, and overall economic growth.

(Source: TheCable)

Federal Government and Google Forge Partnership to Generate One Million Digital Jobs for Youths

PAWS IS THE NEXT DOGS DON'T MISS IT OUT

JOIN NOW

https://t.me/PAWSOG_bot/PAWS?startapp=6ZSAPFb3

Google News Channel

Join Our WhatsApp, Facebook, or Telegram Group For More News, Click This Link Below;

WhatsApp Channel

https://whatsapp.com/channel/0029VaELqhlHVvTXjDnUf80h

WhatsApp Group

https://chat.whatsapp.com/G6Lo3ss6WKLCOqBphZwQGk

Facebook Page

https://facebook.com/allmedia24news

Our Twitter Page