In a strong show of support for grassroots entrepreneurship, the Federal Government has disbursed ₦250,000 unconditional grants to exceptional small business owners in Ondo State under the leadership of President Bola Ahmed Tinubu.
The announcement was made by Vice President Kashim Shettima during the official launch of the 7th Edition of the Expanded National MSMEs Clinics held in Akure.
According to the Vice President, the financial support is part of the administration’s ongoing commitment to strengthen Micro, Small, and Medium Enterprises (MSMEs) across the nation.
“In line with President Tinubu’s unwavering support for grassroots enterprises, every outstanding exhibiting MSME identified during this clinic will receive an unconditional grant of ₦250,000,” Shettima stated.
He emphasized that the grant is not a loan but a direct gift from the Nigerian people to outstanding small business operators, describing them as the silent architects of survival who serve as the lifelines of households and the pulse of every community.
Shettima added that the Renewed Hope Agenda places the growth of small businesses at the centre of Nigeria’s economic development, stressing that this initiative is a covenant with the builders of the nation’s future, not just political rhetoric.
This initiative is one of many nationwide interventions aimed at unlocking the potential of Nigeria’s MSME sector, which remains a critical pillar in the drive toward inclusive economic growth and national prosperity.
