Registration for the Payroll Support Scheme for the MSME Survival Fund commences at 10pm today the 21st of September 2020 at www.survivalfund.ng

333,000 artisans and transport business operators will receive a N30,000 operations grant to reduce the effects of income loss caused by the COVID-19 pandemic.

500,000 vulnerable MSMEs will be supported in meeting their payroll obligations of between N30,000 to N50,000 per employee to safeguard the jobs of a maximum of 10 employees over a 3-month period.

The Formalization Support will help MSMEs by providing free CAC business name registration for 250,000 businesses across Nigeria.

The 75 billion Naira FG MSME Survival Fund - comprising a PAYROLL SUPPORT Scheme and a GUARANTEED OFFTAKE Scheme is designed to aid Nigerian MSMEs in surviving the shock of COVID-19 and its adverse effect on the economy.

The Fund is a key component of President Buhari’s 2.3 Trillion Naira Nigeria Economic Sustainability Plan (NESP).

Wow this is exactly what I have been waiting for

This is a very important for Nigerian people to key in to because the President and VP are sensitive to the plight of Nigerians and there is a N50,000 grant for 100,000 small and medium-scale businesses, while 333,000 self-employed persons working as artisans and transporters will benefit from a one-off grant of N30,000 to cushion the effect of this plague.

I heard that the registration is starting by 10pm.

Nothing for those in Education field like teachers?