The federal government has continued with the implementation of the Economic Sustainability Plan.
A statement from the office of the vice president says the payment of N30,000 one-time grant to 330,000 artisans across the country is now in progress.
The statement signed by Laolu Akande, spokesman to the vice president, revealed that the payments are being made to sets of verified beneficiaries of the Artisan Support Scheme, a track under the MSMEs Survival Fund
Akande further said beneficiaries are being drawn from the FCT, Lagos, Ondo, Kaduna, Borno, Kano, Bauchi, Anambra, Abia, Rivers, Plateau and Delta states.
He stated that they form the first batch of applications for the scheme submitted between Thursday, October 1 and Saturday, October 10. The MSMEs Survival Fund scheme is a component of the Nigerian Economic Sustainability Plan, NESP, which was developed by an Economic Sustainability Committee established by President Muhammadu Buhari in March 2020
The president asked Vice President Yemi Osinbajo, SAN, to head the committee which produced and is overseeing the implementation of the plan.
The N2.3 Trillion Economic Sustainability Plan consists of fiscal, monetary and sectoral measures to enhance local production, support businesses, retain, create jobs and provide succour to Nigerians, especially the most vulnerable.
Meanwhile, the Nigeria Labour Congress (NLC) has urged federal and state governments to release all COVID-19 palliatives still stored in warehouses across the country.