FEDERAL Government has inaugurated an intervention grant for micro transport operators under its Survival Fund for Micro, Small and Medium Enterprises (MSMEs) to overcome challenges of COVID-19 pandemic.
Minister of State for Industry, Trade and Investment, Mariam Katagum, disclosed this in Abuja, the inauguration of the scheme known as ‘Transport Track’, noting that it was part of the Artisans and Transport Scheme.
Katagum, who is also the Chairperson, Programme Steering Committee, said the MSMEs Survival Fund and Guaranteed Offtake Schemes had five different tracks approved under the Economic Sustainability Plan (ESP) of the federal government.
The minister who was represented by Adewale Bakare, Director, Industrial Development Department in the ministry, said the Transport Track targeted 4,505 beneficiaries in each state across the country.
“This track, which is being launched today will give a one-off grant of N30, 000 each to qualified individuals operating in the transport sector.
“These include: Ride share drivers, such as Uber, Bolt, etc., taxi drivers, bus drivers, ‘keke Napep’ riders, okada riders, cart pushers et cetera.
“Under the Transport Track being launched today, applicants are encouraged to apply through their registered associations to be enumerated.
“Individuals who are members of associations but choose not to apply through their association can be enumerated but this ‘independent’ applicant will need proof of membership to be enumerated.
“On this note, I urge Ride share drivers (Uber, Bolt, et cetera.), taxi drivers, bus drivers, Keke Napep riders, commercial motorcycle riders, cart pushers among others to take advantage of this scheme,” she said.
The minister said applicants would access the fund at no cost since the initiative was borne out of the federal government’s commitment to help cushion the impact of the COVID-19 pandemic on the economy.