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Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses (21020 Views)

Conditional Cash Transfer: FG Disburses Cash To 15,768 Households In Anambra / FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero / 433,000 Nigerians, Businesses To Get N50,000, N30,000 Each – FG (2) (3) (4)

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Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by TheRareGem1(f): 5:20am On Sep 01, 2021
The Federal Government has disbursed N56,842,780,000 to 1,079,323 persons and businesses under the Survival Fund programme.

The companies include those registered under the Corporate Affairs Commission (CAC).

Maryam Katagum, Chairperson of the Survival Fund Steering Committee, gave the details at a news conference on Tuesday in Abuja.

Katagum, the Minister of State, Industry Trade and Investment, also flagged off the Guaranteed Off-take Scheme, with 50,032 beneficiaries already shortlisted.

The official said the scheme was the last track of the Micro Small and Medium Enterprises (MSMEs) Survival Fund.

The target is 100,000 beneficiaries but as at the time the portal closed, only 65,976 applications were received. 50,032 entries across Nigeria scaled the pre-qualification test and were shortlisted.

“To date, we have successfully disbursed the sum of N56,842,780,000.00 to 1,079,323 including those registered under CAC”, Katagum confirmed.

“The Federal Government is set to roll out the last component of the Survival Fund known as the Guaranteed Off-take Scheme (GOS).”

Noting that COVID-19 caused a drop in demand for corporate and household products and commodities, the Guaranteed Off-take scheme was conceived to assist small businesses.

Katagum explained that the commencement was delayed due to issues from other programmes such as failed payments, balancing value and ensuring equity among states.

For verification and pre-qualification, the minister said the beneficiaries must be Nigerians with valid BVN and have a staff strength of not less than three.

https://dailypost.ng/2021/08/31/survival-fund-fg-disburses-n57bn-to-1-million-nigerians-businesses/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1630442104

3 Likes 1 Share

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by HellAnus: 5:25am On Sep 01, 2021
Thieves!! God will punish all of you and your generations yet unborn

When next govt takes over, the rot and looting they will uncover from this Buhari's govt will shock even the devil.

149 Likes 8 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by okefranci: 5:28am On Sep 01, 2021
Thanks to Buhari/Osinbajo for this wonderful initiative, so many people have benefited immensely from the program

25 Likes 7 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Philipmems(m): 5:30am On Sep 01, 2021
Teach a man how to fish and you have fed him for the rest of his life.
Instead of disbursing cash to people why not invest in training youths in modern Agricultural procedures, create farming cooperatives equip with modern farming machineries, establishing farms for them using available government lands in a lease agreement, appoint supervisors to mentor and monitor progress and a portion of the profits from the yield should be reinvested in another batch of youths.

34 Likes 2 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by PrinceOfLagos: 5:30am On Sep 01, 2021
Scam of the century

This is obviously the most corrupt government in Nigerian history

98 Likes 2 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by crossfm: 5:31am On Sep 01, 2021
Distributing money to ghosts.

The level of corruption and mismanagement is at all time high in this country.

Some one said the government has taken us back 60year but in my opinion,its 100years.

It will take Nigeria one more century to repair the damages our so called darling daddy and his kleptomaniac gangs have done.

Nothing, I mean nothing is absolutely working in Nigeria.

58 Likes 1 Share

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Fabkeyz(m): 5:31am On Sep 01, 2021
Hmmmm
Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Mucokey(m): 5:32am On Sep 01, 2021
Nigeria! motherland!! You ve been savagely raped and ruptured.

28 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by IgiveLadiesBj(m): 5:32am On Sep 01, 2021
Who are the one million people...?

25 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by PrinceOfLagos: 5:33am On Sep 01, 2021
okefranci:
Thanks to Buhari/Osinbajo for this wonderful initiative, so many people have benefited immensely from the program

So many people in Niger republic or Chad republic not Nigeria

40 Likes 1 Share

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by profola2be(m): 5:33am On Sep 01, 2021
The type of ojuju calabar that this government is doing is out of this world.

1 million what?
God punish this govt and the kind of lies it keep dishing out to us...!

47 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Temptee101(m): 5:34am On Sep 01, 2021
Chai

See how these rogues are carelessly mentioning a whole #57, 000, 000, 000 like it's #5.00

No accountability and transparency anywhere. They tell you whatever they like and anyhow they want to.

Which one million persons and businesses was this huge sum spent on? I guess on APC cabals and fellow bandits/northerners.

All these monies yet we keep borrowing from every available source. No industries, no good roads, no hospital, etc..

Doctors on strike, ASUU to join soon.

They are definitely looting money for 2023.

Buhari has destroyed and buried the remains of this shithole.

The country is gone.

R I P to Nigeria.

Chai!!!!!!

23 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Xloclwise: 5:35am On Sep 01, 2021
kiss

1 Like

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Jomonix: 5:35am On Sep 01, 2021
Shame on those Nigerias hell bent on voting this president.

13 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by scholarshipspy: 5:35am On Sep 01, 2021
Apply for the United Nations B.I.S Grant 2021 and get $25,000 to start a business or upgrade an existing one . It's 100% FREE and Genuine

Checkout Step by Step Guide on How to Apply: https://scholarshipspy.com/united-nations-bis-grant

1 Like 1 Share

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by jrobbins: 5:35am On Sep 01, 2021
And I don't know even one person?

Dammmnnnn, is not alright
this figure is overblown

9 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by gbaskiboy: 5:35am On Sep 01, 2021
Audio

I know SMES benefited from this scheme, but the Amount they gave and number of SMES benefited never commensurate the quoted amount given. If they are thoroughly investigated they will deny this report instantly.

1 Like

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by MANNABBQGRILLS: 5:35am On Sep 01, 2021
okefranci:
Thanks to Buhari/Osinbajo for this wonderful initiative, so many people have benefited immensely from the program
FarinJini:
Kudos to Mr President. His administration deserves all the credit (at least on this one). I know seven (7) people who got twenty thousand naira (#20,000) each just in my village alone so I believe the 57b is well spent.

The people that got it aren't into politics and they're people who truly deserves it. This is a major win.

it is always good and refreshing to see we still have reasonable and sensible members like you on this forum.
Glad we saw someone with sense at last!
Keep it up Chief Oke.
God bless you and God bless your parents for giving us a King like you.
Nigeria will succeed.
God bless Nigeria.

We Rise.

3 Likes 4 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Nobody: 5:36am On Sep 01, 2021
In Niger republic

4 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by NEROSKY(m): 5:36am On Sep 01, 2021
God punish ur family with that useless survival fund, money that was paid to terrorist you call bandits for continuous killing of innocent people... Biafra or nothing bro

7 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Mumusaphire: 5:37am On Sep 01, 2021
Lori iro. Audio money

9 Likes 2 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by fayne(m): 5:38am On Sep 01, 2021
I just wish all this schemes get to the masses cos aside from N-Power, we hardly see the beneficiaries of such schemes.Time will tell,&
posterity will be d judge.
Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by lloydtruth: 5:39am On Sep 01, 2021
Oshe!! The looting is real.
Abacha looks like a saint in the hands of these guy.
Government of steady disbursement.

4 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by profola2be(m): 5:39am On Sep 01, 2021
okefranci:
Thanks to Buhari/Osinbajo for this wonderful initiative, so many people have benefited immensely from the program

Wisdom is the principal thing, therfore, get wisdom, and in all thy searching, get wisdom.

16 Likes 2 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Freelane33(m): 5:41am On Sep 01, 2021
God when
Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by blueyonder6: 5:41am On Sep 01, 2021
shocked
Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by icecool12(m): 5:41am On Sep 01, 2021
To which people biko?

3 Likes

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by Mindlog: 5:42am On Sep 01, 2021
Expect misappropriation.
Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by MANNABBQGRILLS: 5:42am On Sep 01, 2021
The target is 100,000 beneficiaries but as at the time the portal closed, only 65,976 applications were received. 50,032 entries across Nigeria scaled the pre-qualification test and were shortlisted.

“To date, we have successfully disbursed the sum of N56,842,780,000.00 to 1,079,323 including those registered under CAC”, Katagum confirmed.

“The Federal Government is set to roll out the last component of the Survival Fund known as the Guaranteed Off-take Scheme (GOS).”

Noting that COVID-19 caused a drop in demand for corporate and household products and commodities, the Guaranteed Off-take scheme was conceived to assist small businesses

2 Likes 3 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by FarinJini: 5:42am On Sep 01, 2021
Kudos to Mr President. His administration deserves all the credit (at least on this one). I know seven (7) people who got twenty thousand naira (#20,000) each just in my village alone so I believe the 57b is well spent.

The people that got it aren't into politics and they're people who truly deserves it. This is a major win.

4 Likes 3 Shares

Re: Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses by gbaskiboy: 5:42am On Sep 01, 2021
post=105371598:
Reading
So baba MANNA self they rush dey book space grin

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