The Federal Government has inaugurated an intervention grant of N30,000 for micro transport operators under its Survival Fund for Micro, Small and Medium Enterprises (MSMEs) to overcome challenges of COVID-19 pandemic.
The payment to artisans across the country in form of grants – The latest grants have been pencilled down for taxi, bus, Okada, Keke Napep, Uber, Bolt drivers, and cart pushers across Nigeria – So far, 59,000 verified artisans have been paid in 23 states, and the Federal Capital Territory.
Under the government’s artisan support scheme, a total of 333,000 artisans and transport business operators nationwide will get one-time operations grant of N30,000 per beneficiary to reduce the effects of income loss due to the COVID-19 pandemic.
Amb. Mariam Katagum, the Minister of State for Industry, Trade and Investment, said in Abuja on Monday at the inauguration of the scheme known as ‘Transport Track’, that it was part of the Artisans and Transport Scheme.
Katagum, who is also the Chairperson, Programme Steering Committee, said the MSMEs Survival Fund and Guaranteed Offtake Schemes had five different tracks approved under the Economic Sustainability Plan (ESP) of the Federal Government.