• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Ekiti Business Owners Get Federal Govt’s N150,000 Grant Each

by Jonathan Nda-Isaiah
1 year ago
in News
Ekiti
Share on WhatsAppShare on FacebookShare on XTelegram

Respite has come the way of small business owners in Ekiti State following President Bola Ahmed Tinubu’s directive that Micro, Small and Medium Enterprises (MSMEs) should be supported with a federal government grant of N150,000 each.

Advertisement

Vice President Kashim Shettima disclosed this yesterday when he launched the 3rd edition of the Expanded National MSMEs Clinic in Ado Ekiti, the Ekiti State capital. He said the N150,000 was an outright grant that does not require beneficiaries to repay.

“I am pleased to share that Mr. President has directed me to ensure that all outstanding exhibiting MSMEs at the Clinic today receive a grant of 150,000 Naira each. This is an outright grant, and the beneficiaries will not need to repay it. We extend our gratitude to our partners for their unwavering support,” he declared in a statement by his spokesman, Stanley Nkwocha.

The Expanded National MSME Clinics is one of the federal government’s strategies for making it easier to do business in Nigeria.

It is a series of business forums organised in different cities across the country to proffer on-the-spot solutions to challenges confronting MSMEs.

RELATED

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

26 minutes ago
‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

2 hours ago

The first and second editions were launched in Benue and Ogun States earlier this year.

Earlier, on arrival in Ado-Ekiti, the VP, who was received by Governor Biodun Oyebanji, his wife, and other top government functionaries, commissioned the Ekiti State Ultra-Modern Fashion and Garment Hub at Odua Textile Complex, Basiri, Ado-Ekiti.

Senator Shettima and his entourage also inspected the Adire Ekiti Hub, a pet project of the first lady of Ekiti State.

Launching the third edition of the Expanded MSME Clinics at the Trade Fair Complex, Old Iyin Road in Ado Ekiti, the Vice President hinted that the initiative would move next to Borno and Enugu States „before culminating in the National MSME Awards in FCT on June 27, 2024, to commemorate the United Nations World MSME Day“.

 

The VP noted that the only way the Tinubu administration is appealing „to the land of honor and integrity“ is by ensuring the expansion of the labour market and supporting the required skills.

“Small businesses are the lifelines of communities across the nation and a strong pillar of stability during this critical phase of our economic transition. We cannot claim to have excelled in our interventions unless they remain our top priority. Our commitment to revitalising the MSME sector ensures that these businesses continue to serve their essential buffering function,“ he explained.

For the ultra-modern MSME Fashion Hub he commissioned earlier, VP Shettima said that while it competes ideally with others globally, the hub has the potential to create an estimated 48,000 jobs annually.

Describing the hub as a significant milestone by the Tinubu administration to empower local industries, he stated: „It boasts the capacity to produce a wide range of fashion gear, including military uniforms, and rivals any facility in the world. Equipped with modern-day machinery and technology, this hub holds immense potential for job creation, with projections estimating an average of 48,000 jobs annually.

He called on the political class in Ekiti to support his administration, noting that „it is only in unity that we can attract so much for the good of our people.“

In his goodwill message, Senate leader Opeyemi Bamidele commended the effective collaboration between the federal and state governments, culminating in the execution of the MSME-focused projects.

Other dignitaries at the event include the state Deputy Governor, Chief Monisade Afuye, and the Permanent secretary of State House, Engr Funsho Adebiyi.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Ekiti
SendShareTweetShare
Previous Post

Arewa House Hold Lecture, Book Launch On Democracy Day

Next Post

Nestlé Partners African Farmers On Sustainable, Safe Agric Practices

Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

You May Like

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators
News

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

2025/06/07
‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims
News

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

2025/06/07
Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge
Entertainment

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

2025/06/07
Civil War Was For Unity, Not Hatred — Gowon
News

Civil War Was For Unity, Not Hatred — Gowon

2025/06/07
IPOB Accuses Courts Of Aiding Nnamdi Kanu’s Detention
News

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

2025/06/07
Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators
News

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

2025/06/07
Leadership Conference advertisement

LATEST

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

Tennis: Gauff Beats Sabalenka To Win French Open Title

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

Civil War Was For Unity, Not Hatred — Gowon

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

Eid-el-Kabir: CAN Preaches Unity, Support For Flood Victims

Taraba Rep Tafida Bags ‘Best Legislator 2025’ Award

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.