Tag
PALLIATIVE LOAN
Nigeria has requested an 18-month extension on the closing date of the World Bank’s $800 million palliative loan in a strategic move to bolster its social safety net programs amidst rising inflation and economic challenges.
The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has confirmed that about 150,000 individuals have received the sum of N50,000 this week from the Conditional Grant Scheme initiated by the federal government
The federal government announced the launch of a N200 billion Presidential Intervention Funds (PIF) for Micro, Small and Medium Enterprises (MSMEs) and manufacturers in the country.
The federal government has announced the launch of N150 billion Presidential Intervention Fund to Micro, Small and Medium Scale Enterprise (MSME) and Manufacturing Sector in Nigeria.
The World Bank has finally disbursed about $299.99 million to Nigeria out of the $800 million approved for the National Social Safety Net Program-Scale Up.