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Tag: Economic Sustainability Plan (ESP)

How COVID-19, Taxes Stifled MSMEs In 2020

How COVID-19, Taxes Stifled MSMEs In 2020         The year 2020 has got its ups and downs for many businesses in Nigeria especially as they felt the brunt of the COVID-19 pandemic and its attendant lockdown as well as multiple taxes from the various authorities of...

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers           The Federal Government has launched the transport support track under its MSME Survival Fund schemes for artisans and transporters. President’s spokesman, Laolu Akande, in a statement issued on Sunday, said the grant was in continuation of the...

No Plan To Review 2021 Spending Estimates – Finance Minister

No Plan To Review 2021 Spending Estimates - Finance Minister         The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday in Abuja, said there is no plan to review the 2021 budget currently before the National Assembly. She has also allayed the fears of...

Fed Govt Processing $750m World Bank Loan For States

Fed Govt Processing $750m World Bank Loan For States         The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption. The Minister of Finance, Budget...

FG To Access World Bank Facility of $750m for States

FG To Access World Bank Facility of $750m for States As part of windows of opportunity to mitigate the effect of Covid-19, the federal government is in the process of accessing a World Bank loan of $750 million on behalf of the states, to stimulate...

COVID-19: We Spent N3.5trn On Economic Growth – CBN

COVID-19: We Spent N3.5trn On Economic Growth - CBN       The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in a review of the 132nd...