FG To Reopened Survivalfund Portal For States Yet To Meet Their Quota

FG to reopened Survival-fund portal from 27th January to 2nd February 2021 for States that have not met their quota, According to Minster of State, Federal Ministry of Industry, Trade and Investment. Read details below:

The Steering Committee of the MSME Survival Fund and the Guaranteed Offtoke Scheme Chaired by the Hon Minster of State, Federal Ministry of Industry, Trade and Investment, Ambassador Mariam Katagum wishes to inform the Public that the MSME Survival Fund Payroll Support Portal will be exceptionally reopened for States that have not met their quota. Read also Breakdown of Survival Fund Payroll Scheme for States In North Central

The Portal will be open from 27th January to 2nd February 2021.

The payroll Support Track of the MSME Survival Fund Scheme which was flagged off on the 21st of September 2020 is aimed at supporting vulnerable MSMEs in the payroll obligations of over 500,000 employees for a period of 3 Months.

To date, the following States have met the quota and are consequently NOT ELIGIBLE to participate in the reopening exercise. The States are:

Benue, Plateau, Bauchi, Kano, Kaduna and Rivers and the FCT.

READ ALSO: Breakdown Of North West States Survival Fund Payroll Support Scheme

The public Is reminded of the qualification requirements Listed below:

• Businesses must have CAC registration.
• Businesses must have a minimum of 10 and a maximum of 50 staff
• Business must be owned by Nigerians.
• Must have verifiable BVN.

The Scheme provides for 45% female participation and 5% Special Needs participation.

For further details please visit www.survivalfund.gov.ng and Kindly note that registration for this scheme is FREE. Beware of Fraudsters.