To mark Nigeria’s 60th Independence celebration, the Federal government has concluded plans to disburse about N300million to some beneficiaries (artisans and transporters) under the MSME Survival Funds from 12 states.

Speaking at a press briefing, the Minister of State for Industry, Trade and Investment, Ambassador Mariam Yalwaji Katagum, stated that about 333,000 artisans and transporters will benefit from the largesse on October 1st.

READ: Step by Step Guide for MSME Survival Fund Registration and FAQ

The target beneficiaries of the scheme include mechanics, taxi drivers, hairdressers, keke NAPEP riders, Okada riders, plumbers, electricians among others, they will be drawn from 12 states, including Lagos, Bauchi, Kaduna, Kano, Plateau, Borno, Ekiti, Anambra, Abia, Kogi, Ondo, and the FCT respectively for this first phase of the scheme.

Katagum, who is also the Chairperson, Steering Committee of the Scheme, disclosed that each beneficiary would be given a one-off payment of N30, 000.