VP Prof. Yemi Osinbajo has uncovered that more than 300,000 Nigerians have as of now profited by the Payroll Support Program for MSMEs and Artisan Grant variations of the Survival Fund.
He made this revelation in his assertion while talking at the Survival Fund Steering Committee meeting, coordinated to follow and furthermore audit the advancement being made under the program since the Federal Government initiated installments.
VP Prof. Yemi Osinbajo has uncovered that more than 300,000 Nigerians have as of now profited by the Payroll Support Program for MSMEs and Artisan Grant variations of the Survival Fund.
He made this exposure in his assertion while talking at the Survival Fund Steering Committee meeting, coordinated to follow and furthermore survey the advancement being made under the program since the Federal Government started installments.
He uncovered that this is fundamental as the Survival Fund was set up to help and shield independent companies from potential weaknesses achieved by the COVID-19 pandemic.
Osinbajo uncovered that Payments for the Federal Government's Survival reserves are continuous, and guaranteed that confirmed candidates of the program who have not been paid would unquestionably be paid in due time.
Why this issues
The endurance reserve program is relied upon to put the pay of weak craftsmans, miniature and little ventures and their representatives on a way of development and versatility in an offer to avert the financial disturbances of the Covid-19 pandemic.
The Payroll uphold program will likewise assist with padding the deficiency of occupations and support methods for vocations of people and representatives, as the program looks to cover the failure of MSMEs to pay laborers pay, attributable to the enormous disturbances from the COVID-19 pandemic.
What you should know
On December eighth 2020, the Federal Government of Nigeria uncovered that it paid 59,000 craftsman recipients across 24 states in Nigeria under the Federal Government Survival Fund.
In a resulting report on December eleventh 2020, Nairametrics uncovered that 238,868 individual recipients, utilized by 41,726 MSMEs the nation over have so far profited by the Payroll Support Program of the Federal Government.
Nairametrics detailed that President Muhammadu Buhari revealed 238,868 individual recipients, utilized by 41,726 MSMEs the nation over have so far profited by the Payroll Support Program of the Federal Government
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