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MSMEs: Nigerian government to provide stimulus packages for companies

The federal government has ensured that micro and small and medium-sized enterprises (MSME) will receive an incentive package.

This will be part of the post-COVID-19 plans for companies in Nigeria.

Tola Johnson, Special Assistant to MSME Vice President, announced on Friday in a virtual meeting attended by DAILY POST.

He said entrepreneurs across the country will also receive assistance with funds to cushion the economic effect of the pandemic.

As part of efforts to increase local production, President Muhammadu Buhari will open a 200,000-capacity yam storage facility for MSME in the state of Benue on June 9.

It is found on the international yam market Zaki Biam.

The project is part of the system of shared structures of the national MSMEs.

Johnson has announced that the National MSME Clinic Award will be held on July 16th to encourage entrepreneurs.

He invited people registered with a Corporate Affairs Commission (CAC) and with the Tax Identification Number (TIN) to submit their application in June.

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