The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, said the federal government has so far disbursed a total sum of N12.4 billion to micro, small and medium sized enterprises through the Bank of Industry as part of efforts to mitigate the impact of the COVID-19 pandemic.
Adebayo who further stressed the benefits of the Survival Fund and Guaranteed Off-take Schemes launched as part of the NESP to tackle the effects of COVID-19, however, challenged the state governments to support the federal government in all its initiatives and to also encourage them to come up with pragmatic measures towards revitalising the industry, trade and investment sectors in their respective domains so as to move the country to the next level of the post COVID-19 era.
Earlier, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr. Nasir Sani- Gwarzo, who chairs the council, said the ministry was vigorously embarking on the review the country’s trade policy and the Nigerian Industrial Revolution Plan . He said the Investment Protection Agreement with Singapore and Morroco had been signed by the federal government, stressing that efforts are currently being made to collaborate with the ministry of justice for the production of the instrument ratification for the signature of President Muhammadu Buhari.
Who received it oooooooo