Ekiti Business Owners Get FG’s N150,000 Grant Each As Buffer
* As VP Shettima commissions ultra-modern fashion hub, projects 48,000 jobs annually
Respite has come the way of small business owners in Ekiti State following the President directive that Micro, Small and Medium Enterprises (MSMEs) should be supported with a Federal Government grant of N150,000 each.
Vice President Kashim Shettima who disclosed this on Thursday when he launched the 3rd edition of the Expanded National MSMEs Clinic in Ado Ekiti, the Ekiti State capital, said the N150,000 was an outright grant that does not require beneficiaries to repay.
“I am pleased to share that Mr. President has directed me to ensure that all outstanding exhibiting MSMEs at the Clinic today receive a grant of 150,000 Naira each. This is an outright grant, and the beneficiaries will not need to repay it. We extend our gratitude to our partners for their unwavering support,” he declared.