When MSMEs thrives, the economy thrives VP commissions Shared Facility in Lagos to serve 136,000 MSMEs annually The Federal Government remains deeply committed to creating a more business friendly environment for Micro, Small and Medium Enterprises (MSMEs) to thrive, as they are the engine room of the Nigerian economy, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this on Friday at the virtual commissioning of the Fashion Cluster Shared Facility for MSMEs, the Eko Fashion Hub 1, in Lagos State. He explained that the Economic Sustainability Plan has in it a Survival Fund, adding that President Muhammadu Buhari’s approval of the implementation of the MSMEs Survival Fund as part of the ESP was to cushion the impact of COVID-19 on the economy. This, he noted, not only highlights the commitment of the administration to supporting MSMEs, but also the importance of MSMEs to the nation’s economy. He said, “Under the Survival Fund is a Payroll Support Scheme, which will...