Official registration of beneficiaries into the Micro, Small and Medium Enterprise (MSMEs) Survival Fund opened on Monday 21 September, 2020.

The MSME Survival Fund initiative is a special programme the Federal Government launched to give financial support to businesses that suffered under the COVID-19 pandemic in Nigeria.

At least 1.7 million Nigerians who own businesses have the opportunity to benefit from the money, according to reliable sources.

Before you apply for the MSME Survival Funds, here are five things you must know:

1. When Did The Registration Portal Open?

The registration portal opened by 10pm Nigerian time on Monday 21 September,  2020. So, people can now register.

Meanwhile, the federal government wants only one category of people to register on this date. These are people who fall under the "payroll support" category.

2. What Is Payroll Support?

This category is for business owners who could not pay their staff salary in the past three months.

The unpaid salary should range between N30,000 and N50,000 monthly.

The Federal government is ready to help 500,000 business owners who belong to this category across the country.

However, it said, for one business or one company, not more than 10 people/staff would benefit from the fund.

3. Any Registration Timetable?

Yes, the federal government released a timetable, saying only....

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https://candiidonline.com/2020/09/21/5-facts-about-buharis-survival-fund-to-1-7-million-business-owners/

There are some categories of people that will benefit from this program and it will add values to many

This will go a long way in cushion the effect. This is a promising booster of our economy. A nation without stronger MSMEs will retrogress in economic development.

This is to cushion the effect of the coronavirus on the economy and the people. I urge Nigerians to go all out and be beneficiaries.

COVID19 pandemic has really affected many businesses, but with this survival fund, life go better.

It will be shared as usual

okefrancis:
There are some categories of people that will benefit from this program and it will add values to many

I agree with you