The Federal Government has disbursed N250,000 each in unconditional grants to outstanding small business owners in Ondo State.
It was at the launch of the seventh Expanded National Micro, Small and Medium Enterprises (MSME) Clinic in Akure by Vice President Kashim Shettima.
The grants, according to the Vice President, demonstrate President Bola Ahmed Tinubu’s commitment to building a thriving and inclusive economy by empowering grassroots entrepreneurs.
“This is not a loan. It is a gift from the Nigerian people, through their government, to the champions of local industry.
“We see you, we value you, and we believe in your journey,” Shettima declared at the event, which attracted state governors, traditional rulers, and business stakeholders.
He said President Tinubu has approved a bold agricultural initiative to plant 100 million oil palm trees across Nigeria, as part of his administration’s efforts to revamp the country’s economy and boost food production.
Shettima said the Tinubu Administration is committed to revitalising Nigeria’s cocoa industry, in line with the administration’s Renewed Hope Agenda.
“The President is determined to revive the Oil Palm industry in this country.
“He has given a clear directive that we should plant 100 million oil palm trees across the country. We are also going to revive the cocoa industry,” he said.
