Presidency Initiates Interventions For 1.3m MSMEs In 17 States, FCT

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In a bid to complement the Federal Government’s efforts to improve the economy and create more jobs, a group of partners in the Micro, Small and Medium

Enterprises space are set to execute various MSME-focused interventions, targeting 1.3 million beneficiaries across 17 States and FCT.

The MSME and Job Creation Unit of the Vice President’s Office, which is coordinating the interventions, has disclosed that the interventions were geared towards ensuring the realisation of the Tinubu administration’s commitment to job creation and economic diversification with the MSMEs playing critical roles.

According to a statement by the media office of the Vice President, the interventions which are to be completed in 17 States and FCT are Shared Centres for MSMEs providing four markets with 300kva Solar Panels nd Mini grids to provide eight hours of electricity a day to six Fashion Hubs and two Furniture Clusters.

Other interventions are for car painting/ drying hubs and cold rooms for sea food storage, among others. Following Vice President Kashim Shettima’s directives on the speedy execution of the projects, five of the interventions will be completed and delivered by December 2023.

 

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