• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, June 24, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

MSMEs: FG pledges 100,000 jobs by May 29

Jobs

The Matters Press by The Matters Press
February 23, 2024
Reading Time: 2 mins read
0
N125bn MSMEs intervention: IT critical to ensuring transparency – ITSSP

Abuja, Feb. 23, 2024: The Federal Government on Thursday revealed plans to create no fewer than 100,000 verifiable jobs by May 29.

RELATED POSTS

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

ECOWAS, Sahel states in deal to confront terrorism

Mr Temitola Adekunle-Johnson, Senior Special Assistant to the President on Micro, Small and Medium Enterprises (MSMEs) and Job Creation, Office of the Vice-President, announced this in Abuja.

Adekunle-Johnson spoke at the Inaugural Job Creation and MSME Quarterly Communications Forum, organised by the Job Creation & MSME Secretariat, Office of the Vice President.

The presidential aide said that the federal government was focusing on jobs creation in partnership with the Federal Ministry of Labour and Employment.

“We are saying that by the May 29, we will create at least 100,000 jobs. The target is to create 384,000 jobs in four years,” he said.

Adekunle-Johnson said the initiatice would be a partnership between the Federal Government and Access Bank.

” Today’s programme is to announce our partnership with the Access Bank, how the bank is trying to support the government with regards to access to funding for MSMEs.

” Right now the interest rate for loans is between 27 and 29 per cent, but the Access bank is giving us at the rate of 15 per cent.

“The bank is committing N50 billion to support MSMEs. They are even now saying that if you are an MSME and you want to collect N1 to N3 million, don’t worry, the collateral that they need is simplified to enable you have access to the money.”

Earlier, the Minister of Information and National Orientation, Alhaji Mohammed Idris, said the Federal Government was committed to creating an enabling environment for MSMEs in the country.

Represented by the Director-General, Voice of Nigeria, Malam Jibrin Ndace, Idris said that President Bola Tinubu’s Renewed Hope Agenda recognised job creation and MSMES development as strong pillars for sustainable economic development.

“MSMEs are the essence of our economy, the main bastion for innovation, creating employment opportunities, and stimulating inclusive growth.

” (We) remain committed to improving the ease of doing business, access to financing, provision of critical infrastructure, capacity building and nurturing entrepreneurial skills, and creating market access, among other initiatives.

“The MSMEs in Nigeria have remained steadfast and resilient, demonstrating the ability to weather the storm in the face of enormous challenges, including the COVID-19 pandemic and its economic ramifications.”

Tags: Jobs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
ECOWAS, Sahel states in deal to  confront terrorism
Foreign

ECOWAS, Sahel states in deal to confront terrorism

June 20, 2025
Tinubu denies manipulating NASS
Economy/Technology

Tinubu’s decision to press ahead with ongoing reforms, commendable-TMSG

June 20, 2025
Buhari urges Nigerians to maintain peace as he promises free, fair polls
Economy/Technology

TDF extols Buhari for supporting Tinubu’s reforms

June 19, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
News

Tinubu’s mid-term scorecard, a glimpse of coming dividends – TMSG

June 19, 2025
Next Post
States, FCT get N5bn to kick start palliatives

NEC moves to end economic hardship, enhance food security

Nigeria in deal with firm to facilitate funding for houses

Shelter Afrique, FMBN partner to address housing gap, revamp abandoned projects

Recommended Stories

DMO raises N615bn Sukuk fund for roads

DMO offers 2 FGN savings bonds for subscription for February

February 6, 2024
IMF raises alarm over Nigeria’s economy, but supports reform efforts

Afreximbank supports women entrepreneurship to boost Industrialisation

November 12, 2023
Nigeria’s food monthly imports dip

CBN disburses N948bn to upscale farming

March 28, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF
  • Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years
  • ECOWAS, Sahel states in deal to confront terrorism

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us