FG's Survival Fund Grants Application Starts On Monday, Here Is How To Apply
Recall that the N75 billion survival fund scheme, was flagged-off in Abuja on Thursday by the Minister of State for Industry, Trade and Investment, Ambassador Mariam Katagum.
The MSME Survival Fund, was designed to cushion the effect of COVID-19 on vulnerable SMEs. Moreover, the scheme was planned to start with the Payroll Support targeting 100,000 businesses and 500,000 beneficiaries for salaries ranging from N30,000 to N50,000.
Also about 333,000 artisans and transport operators would get N30,000 grants to support them to reduce the effects of income loss, it was gathered.
Additionally, the fund would also be used to support 250,000 new businesses to formalise their business with the Corporate Affairs Commission (CAC).
Consequently, while giving an update on the new scheme, an aide to President Buhari on Social Media, Lauretta Onochie, revealed that the online application for the N75 billion survival fund, will start on Monday.
Moreover, she revealed that the applicants are expected to go to survivalfund.ng to process their application.
In her words, she said:
"The new ₦75 billion Survival Fund for Nigerian MSMEs. Grants as well as zero percent (0%) interest loans....
Registration begins on September 21st 2020.
Application is online at: survivalfund.ng"
Kindly do well to pass this information on to friends and family as soon as possible, you might be helping someone.
What do you think, can we expect a transparent processing and disbursement of this grant?
Source: Peplumnews (via Opera News )