Follow Us on Google Discover
The Minister of State, Industry, Trade and Investment, Ambassador Mariam Katagum, has disclosed that over 300,000 beneficiaries under the Payroll Support scheme and 166,000 artisans have benefited from FG’s Survival Fund programme.
The statement was made by her during the first MSME stakeholders meeting in 2021, which held yesterday and was attended by the Vice-President of Nigeria and other key stakeholders.
READ: Nigeria’s economy will grow by 2.4% on average in 2021-25 – CEBR
The Minister stated that the implementation of the Survival Fund across different areas have lessened the burden of the pandemic on businesses in the country, as the support provided through the Survival Fund will go a long way in cushioning the impact of the pandemic, as observed in comments captured in the testimonies of beneficiaries of the various tracks under the scheme.
Other News
READ: Payroll Support Program: FG pays 101,567 beneficiaries first-month salary
She revealed that the Survival Fund initiative of the Government has impacted over 300,000 beneficiaries under the Payroll Support Scheme, as the FG has successfully completed enumeration and disbursement to 166,000 Artisans as of December 2020,
In light of this, Mariam stated that the Federal Government, through the Survival Fund, has filled the gap created due to the pandemic.
READ: FG warns applicants of N75 billion MSME Fund against fraudulent websites
Other stakeholders, including heads of government agencies, expressed their commitment to work together to impact more businesses in the MSMEs space in 2021.
READ: 4.48 million beneficiaries apply for N-Power jobs in 16 days
What you should know
- The Survival Fund scheme was designed to cushion the economic effects of the COVID-19 pandemic, and the economic vulnerabilities which impacted the operating segment and income of small businesses.
- The scheme is a conditional grant under the Nigerian Economic Sustainability Plan, NESP, to support vulnerable MSMEs in meeting their payroll obligations and safeguard jobs in the MSMEs sector.
Follow Us on Google Discover
I have no received my second payment
Dears,am not been able to see my 30000 survival Fund as a successful applicant from Gusau,Zamfara State.
Please reconsider this payment because everything about my application was successful but only one person got the first payments in my school. Check it again play please.
My staff members & I have received our three months survival funds pay rolls support. Thanks to FGN.
We in adamawa State up to now we are yet to receive our second and third disbursements we don’t know why
Please is there going to be fourth payment?
I am The employee my account.an Bvn an CAC has been varified since Nov.but I didn’t receive pay from survival fund until today.
My company name:Yusuf Musa argo.
Good morning Ma my company is among the ones that are asked to complete their application which actually I did and have been verified and also have received call but up to date ma we are yet to receive a payment I just want to ask ma is payment still on ongoing.Fadolphusexperts Nig LTD
No one has received any payment here in my company even though we were verified successfully. What’s happening. Some staff were called. Me the IT fellow who filled all their datas was not called. No one has been paid a kobo here
I have not recieved even both the first & the second one
Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134
Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134