The Federal Government on Thursday inaugurated two schemes to support Micro, Small and Medium Enterprises (MSMEs), to cushion the effects of COVID-19 and save over 100,000 small businesses.

The News Agency of Nigeria (NAN) reports that the two schemes, Survival Fund and the Guaranteed Off-take Stimulus Schemes, were under the Nigeria Economic Sustainability Plan (NESP) of President Muhammadu Buhari’s administration.

The Minister of State, Industry, Trade and Investment, Amb. Mariam Katagum, Chairperson of the Steering Committee, who inaugurated the schemes at a World Press Conference, said that over 1.7 million Nigerians would be impacted.

https://newswirengr.com/2020/09/11/federal-government-inaugurates-msmes-survival-fund/