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FG disburses N27 billion from MSMEs Survival Fund, last scheme portal opens February 9

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The Federal Government has reported the payment of N27 billion to Micro Small and Medium Enterprises (MSMEs) as a component of the MSMEs Survival Fund Scheme.

This is as the public authority has finished up designs to reveal the last 2 plans that make up the MSMEs Survival Fund to be specific, the Guaranteed Offtake Stimulus Scheme and the General MSMES Grant.

This divulgence was made by the Minister of State, Industry, Trade and Investment, Ambassador Mariam Katagum, who is additionally the Chairperson, Steering Committee, MSME Survival Fund and Guaranteed Off-Take Schemes (GOS), while instructions the press on Thursday, February 4, 2021, in Abuja.

As indicated by a report by the News Agency of Nigeria (NAN), she said that the Steering Committee for the Survival Fund would present its reports to the Federal Ministry of Finance, Budget and National Planning just as anticipate the second tranche of the asset and that the current plans were advancing consistently.

What the Minister of State of Industry, Trade and Investment is saying

Katagum in her assertion said, “The Federal Government is set to reveal the last two plans of the MSMEs Survival Fund segment of the National Economic Sustainability Plan (NESP) in particular, the Guaranteed Offtake Scheme (GOS) and the General MSMEs Grant. Two of the parts endorsed under the Economic Sustainability Plan (ESP) are the MSMEs Survival Fund and Guaranteed Off-take Scheme.

“The Steering Committee endorsed the execution of the 2 Schemes in 5 unmistakable parts specifically; the Payroll Support Scheme, Artisan and Transport Scheme, Formalization Support Scheme, General MSMEs Grant and the Guaranteed Offtake Scheme.

“Under these two segments, the entryway will open from 11:59 pm on Tuesday, ninth February 2021 to Thursday eighteenth February 2021 for the Guaranteed Off take Scheme (GOS) and General MSME Grant Applications. All intrigued MSMEs can go straightforwardly to the Portal and register for both of the Schemes complimentary.”

The Minister clarified that the reason for GOS is to animate direct neighborhood creation by empowering 100,000 MSMEs in the creation area with assets to deliver post-Covid lockdown boost items.

While calling attention to that the plan would offer inclination to items delivered in sensibly adequate volumes in each State of the Federation, Katagum said that the item should have the option to make occupations and have a multiplier impact on the encompassing economy.

She recorded a portion of the results important to the Federal Government to include: face covers, hand sanitiser, fluid cleanser, disinfectant and handled food sources.

Making his own commitment, the Special Assistant to the President of MSMEs in the workplace of the Vice President, Mr Tola Johnson, uncovered that an aggregate of 100,000 organizations across the 36 states and FCT would profit by the new plans.

Johnson added that the entrance for the GOS would be opened for about fourteen days while the entry for the award would be opened for seven days.

He recorded a portion of the conditions to fit the bill to partake in the plan to incorporate; organizations should be enrolled in the Corporate Affairs Commission (CAC), should be claimed by a Nigerian and should have at least two staff and that the dispensing would be on a first-start things out served premise.

What you should know

The N60 billion MSME Survival Fund and the N15 billion Guaranteed Offtake Scheme, which is the center of the N2.3 trillion improvement bundle of the Nigerian Economic Sustainability Plan, was hailed off on September 21, 2021.

The 2 MSMEs activities were presented by the Federal Government as a component of its endeavors to help organizations beat difficulties presented by the Covid-19 pandemic.

The MSMEs Survival Fund plot is a restrictive award to help weak miniature and little undertakings in gathering their finance commitments and shield occupations in the MSMEs area.

The plan is required to save in any event 1.3 million positions the nation over and explicitly sway on more than 35,000 people for every state

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Music: Kuwait – Big Boy Doings

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Kuwait comes through on new bop titled “Big Boy Doings”. Big boy doings had Kuwait trapping about the good life, being a big spender and how good life is. Download and share the mountainbeat produced record below.
DOWNLOAD MP3

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Wizkid and Tems make history as “Essence (Remix)” enters the Billboard Hot 100 Top 10

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When Nigerian R&B singer, Tems, serenaded listeners on the hook of the crossover hit single—”Essence”—to the “You don’t need no other body” words, she indeed might have meant it in the relationship and/or sexual context but those words, those lyrics have gone on to have a life of their own outside the contextual or colloquial insinuation. This is very evident with the records the track keeps amassing, creating some in the process. The week starting 12th Ocotber (according to Billboard’s known style of uploading their weekly updated charts on Tuesdays) will see the pair of Nigerian Pop and R&B acts, Wizkid and Tems create a groundbreaking statement no other Nigerian artistes has ever made—the remix to “Essence” will make its debut on The Billboard Hot Top 10.

“Essence” was initially released almost a year ago, October 30th to be precise as part of Wizkid’s fourth studio-album, “Made In Lagos” and it soon became the rave of town both home and abroad, even being teased as one of the topmost songs of the summer 2021; its remix however came some ten months later, on August 13th, featuring American popstar, Justin Bieber.

Some few weeks later, the remix debuted on The Billboard Hot 100, even making it to the Top 20, peaking at No. 13, a record for any Nigerian song and artiste(s) at that time; this time around, it moves three spots upward to the No. 10 on the chart, becoming the first Nigerian song to make an entry into the Top 10 of the prestigious Billboard Hot 100 chart, invariably making both Wizkid and his featured guest, Tems, the first pair of Nigerian acts to have a song reaching that high on the chart usually dominated by American artistes and songs reigning in the USA. A historical moment for Wiz, Tems, Nigerian music industry and Africa at large.

This week’s Top 10 songs on the Billboard Hot 100.

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Play to earn crypto game, Supa Surf to launch its first series this October

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Terkion studio has linked up with Wavylab to release a new mobile game line Supa Surf. Supa Surf is a first person surfing mobile game set in a futuristic world, where you surf like it’s real life, scaling obstacles, maintaining balance competing with co-players and avoiding passing out. According to the CEO of Terkion Studios he said “we are trying to build a culture with Supa Surf not just a game, a community, therefore we will be seeing continuous update and improvement to give users the best possible feeling!”

With an initial release date slated for October 10, for the Wavy Lab published game, according to report, Supa Surf is the first of duo game that runs simultaneously with the second version being the Supa Surf pro, which will see the top player on the game’s inbuilt leaderboard earn crypto every month, when we reached out to Awoniyi Segun the CEO of Wavyvibrations, the parent company of WavyLabs he stated “With Supa Surf we are trying to make earning crypto easier, earn while you have fun and there are possibilities of decentralized market creation in the game using Wavycoin Protocol in the nearest future, we never can tell”.
Supa surf will enable players switch music while playing, competing and earning.

Developer: Terkion Studios
Series: Supa Surf
Publishers: Wavy Lab
Genres: Arcade
Platform: Android IOS

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