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Business Governance News

MSME Survival Fund: FG again Reaffirms stance on support.

The federal government has reaffirmed its determination for supporting small and medium-scale entrepreneurs through the MSME Survival fund.

The minister of state for Industry trade and investment Ambassador Maryam Katagum stated this during a town hall meeting with beneficiaries of the Survival Fund, Held in Kano.

The minister who was represented by the Director General of Small and Medium Enterprises Development Agency Mr. Olawale Fasanya said the purpose of the meeting was to highlight the scheme’s Achievement around the country and to receive beneficiary feedback.

He said the program gave a special focus on 45% of female-owned MSMEs, and 5% of those with special needs, stressing that the target beneficiaries for the scheme were self-employed entrepreneurs and micro small businesses registered in Nigeria.