The minister of state for industry, trade and investment, Mrs. Mariam Katagum has said that states are to get N61.2 billion from the Survival Fund Scheme.
She disclosed this in her presentation during a virtual meeting of the committee on the economic sustainability plan (ESP), chaired by the vice president, Prof Yemi Osinbajo at the Presidential Villa, Abuja.
According to a statement by spokesman for the vice president, Mr. Laolu Akande, the minister, each of the 36 states will access a minimum of N1.7 billion in the various schemes being implemented with the N75 billion survival fund.
She stated that Lagos, Abia and Kano States had already crossed the bar, with Lagos reaching over N2.5 billion and Kano over N2 billion.
She added that state had so far has received anything less than N1 billion.
In his presentation, the minister of state, budget and national planning, Mr. Clem Agba disclosed that while about 1.3 million jobs were retained through the MSME and payroll support, 774,000 jobs were created from the public works programme and 26,021 jobs from roads construction /rehabilitation.
“In the same vein, the committee was briefed that over 1.1 million Nigerians have benefitted from the different schemes under the ESP MSME Survival Fund, thereby saving millions of jobs.
“A breakdown showed there are 459,334 beneficiaries under the payroll support scheme; 307,687 beneficiaries from the artisan and transport scheme.
“Similarly, 82,491 Nigerians are so far beneficiaries of the general MSME grants scheme, and another 17,468 of the guaranteed off take scheme. Also, 250,000 business names were registered free under the Survival Fund’s CAC Formalization Support Scheme.
“Also, under the Solar Power Naija programme, the managing director/CEO of Rural Electrification Agency (REA), Mr. Ahmad Salihijo, briefed the committee that another 60,000 SHS are expected to be delivered in the first quarter of 2022 under the NDPHC-A-solar partnership, with at least 10,000 units to be assembled locally. This is besides the 200,000 solar connections to be funded by NSIA,” Akande added.
