20, 000 micro-enterprises benefit from FG’s grant – Minister

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Richard Adebayo Minister of Trade and Investment

By Emmanuella Anokam

The Federal Government has disclosed that 19, 550 micro-enterprises have benefited from its Conditional Grant Scheme (CGS), from across 10 states in two years.

Mr Richard Adebayo, the Minister of Industry, Trade and Investment, made this known in Uyo, at its ongoing 11th meeting of the National Council on Industry, Trade and Investment.

The scheme is expected to lift the sub-sector and make it more efficient and financially viable.

Adebayo said the ministry was vigorously pursuing many initiatives to improve the capacity of MSMEs in the country.

According to him, implementation of nationwide MSMEs clinics is ongoing to refurbish and further aid the growth of MSMEs in Nigeria.

He noted that the National Industrial Skill Development Programme (NISDP), was being implemented by the Industrial Training Fund (ITF), and has trained 17,176 males and 12,636 females in 59 trade areas, in 36 states including…



Source: News Agency of Nigeria