• About
  • Advertise
  • Careers
  • Contact
Friday, July 18, 2025
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

FG Finally Announces Date For Opening Of Portal For MSME Intervention Fund

by ReportersAtLarge
February 5, 2021
in Featured
Reading Time: 1 min read
0
President Muhammadu Buhari

President Muhammadu Buhari

Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

The federal government has announced that registration for the guaranteed offtake stimulus scheme and the general micro, small and medium enterprise (MSME) grant will commence on Tuesday, February 9th.

This was announced by the steering committee of the MSME survival fund and guaranteed offtake stimulus scheme chaired by Mariam Katagum, minister of state for industry, trade and investment.

Speaking with journalists in Abuja on Thursday, Katagum said the portal would be opened from 11:59pm on Tuesday, February 9 to Thursday, February 18.

The guaranteed offtake stimulus scheme is targeted at protecting and sustaining the incomes of vulnerable MSMEs by guaranteeing the offtake of their products.

According to the committee, a total of 100,000 MSMEs will benefit from the scheme. Lagos will get 3,880 beneficiaries, Kano 3,280, Abia 3,080 while other states will each have 2,640 beneficiaries.

RelatedPosts

Bangladesh President Dissolves Parliament, Prepares For Interim Government

Tim Walz: Who Is Kamala Harris’ VP Running Mate?

US Elections: Kamala Harris Picks Tim Walz As Running Mate

To qualify for the guaranteed offtake stimulus scheme, a business must be owned by a Nigerian; must have Corporate Affairs Commission (CAC) registration; must have a bank verification number (BVN) and bank account number;  must have at least 2 staff members; must be ready to produce under National Agency for Food and Drug Administration and Control (NAFDAC) and Standards Organisation of Nigeria (SON) specifications.

Products captured in the scheme include face masks, hand sanitiser, liquid soap, disinfectant and processed foods.

Similarly, the general MSME grant, a one-off grant of N50,000 is designed to help boost the growth of 100,000 MSMEs in the country.

An applicant must have a verifiable BVN, bank account number, CAC registration and must be a Nigerian.

The committee warned Nigerians to be wary of fraudsters as the registration is free.

Tags: BREAKING NEWSBusiness NewsCAC RegistrationFederal Government of NigeriaMSME GrantMSME Survival Fund
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Bangladesh Parliament Building
Featured

Bangladesh President Dissolves Parliament, Prepares For Interim Government

by ReportersAtLarge
August 6, 2024
0

Bangladesh's president dissolved parliament on Tuesday, clearing the way for an interim government and new elections a day after Prime...

Read moreDetails
Tim Walz
Featured

Tim Walz: Who Is Kamala Harris’ VP Running Mate?

by ReportersAtLarge
August 6, 2024
0

Minnesota Governor Tim Walz has been selected as the running mate for Democratic nominee Vice President Kamala Harris. Harris announced...

Read moreDetails
US Elections - Kamala Harris picks Tim Walz as Running Mate
Featured

US Elections: Kamala Harris Picks Tim Walz As Running Mate

by ReportersAtLarge
August 6, 2024
0

U.S. Vice President Kamala Harris has chosen Minnesota Gov. Tim Walz as her running mate, looking to strengthen the Democratic...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

polyandry countries

Polyandry: 5 Popular Countries Where Women Marry Multiple Husbands

3 years ago
Adedeji Dhikrullahi Olajide Odidiomo on Digital Literacy

Odidiomo Calls For Declaration Of State Of Emergency On Digital Literacy In Nigeria

1 year ago

Popular News

  • JAMB Registrar, Prof. Ish-aq Oloyede

    Kano University Tops The List As JAMB Uncovers Over 9,000 Illegal Admissions In Nigerian Tertiary Institutions

    0 shares
    Share 0 Tweet 0
  • Donald Trump Suffering From Chronic Vein Condition, White House Confirms

    0 shares
    Share 0 Tweet 0
  • Sean Dampte Addresses Low Voter Turnout in Lagos LG Elections

    0 shares
    Share 0 Tweet 0
  • OPC Leader Mourns Buhari, Awujale, Calls for Improved Healthcare And Cultural Preservation

    0 shares
    Share 0 Tweet 0
  • Why Traditional Institutions Must Be Integrated Into Nigeria’s Devt Systems – Makinde

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Sean Dampte Addresses Low Voter Turnout in Lagos LG Elections July 18, 2025
  • Kano University Tops The List As JAMB Uncovers Over 9,000 Illegal Admissions In Nigerian Tertiary Institutions July 17, 2025
  • Donald Trump Suffering From Chronic Vein Condition, White House Confirms July 17, 2025
  • OPC Leader Mourns Buhari, Awujale, Calls for Improved Healthcare And Cultural Preservation July 17, 2025
  • Why Traditional Institutions Must Be Integrated Into Nigeria’s Devt Systems – Makinde July 16, 2025
February 2021
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
28 
« Jan   Mar »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights