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MSME Survival Fund: FG Sends Important Message to Applicant – details

GoldenNewsNG by GoldenNewsNG
January 11, 2024
in business, Featured, Headline, Scholarship/ Opportunities
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MSME Survival Fund: FG Sends Important Message to Applicant – details

Following the latest news on MSME Survival Fund , the Federal Government has warned Nigerians against the activities of fraudsters who claim to be disbursing the sum of N80,000 under the Micro, Small and Medium Enterprise (MSME) Survival Fund scheme.

This follows the circulating scam messages on social media and SMS by these fraudsters asking unsuspecting members of the public to disclose their account details in order to benefit from the Survival Fund scheme.

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According to NAN, this was made known in a statement issued on Monday by the Coordinator, Project Delivery Office (PDO) of the Federal Government’s MSME Survival Fund Scheme, Mr Tola Johnson, who said the fraudsters try to steal from unsuspecting members of the public.

What the Coordinator, PDO of the FG’s Survival Fund Scheme is saying about the frauders.

Johnson in the statement said, “The fraudsters scam the public under the guise of the MSME Survival Fund Scheme.’’
He stated that tracks of the survival fund scheme have closed, noting that even the initial verification process did not require beneficiaries to drop their account details of individuals as being demanded by fraudsters in the ongoing scam.

He said, “The public is hereby notified that requests circulated via social media and SMS for people to disclose their account details to benefit from the Survival Fund Scheme is a scam.

“Hence, members of the public should disregard such requests. The public is asked to note that the only valid number for inquiries and information for the Survival Fund Scheme is 07004000500.

“The Scheme is also not disbursing the sum of N80,000 or any amount in grant or loan to individuals or businesses as advertised by the fraudsters.’’

Johnson also revealed that law enforcement agencies have been contacted by the committee in charge of the survival fund headed by the Minister of State, Industry, Trade and Investment, Ambassador Maryam Katagum, to track and bring the fraudster to justice.

He further stated that further developments in the implementation of the survival fund scheme would be communicated to the public through formal channels established by the steering committee.

How to Apply for MSME Survival Fund

How to Register for MSME Survival Fund and Get Fund Easily

Eligibility Criteria For Survival Fund in Nigeria

  • Must Be Resident in Nigeria
  • Official Government Identification
  • Notarized Guarantor Forms
  • Passport photographs
  • Training Certificate
  • CAC registration

Survival Fund Available Support
Survival Fund Payroll Support: – Assists in paying employees of a business
Survival Fund Guaranteed Offtake: – Assists businesses to kick start or in rebuilding
Survival Fund MSME Grant: – Free grants for Micro, Small and Medium-sized Enterprises.

How to Register for Survival Fund 2021

The following steps will guide you in registering for the survival fund 2021 program;

  • Proceed to the Survival fund registration portal survivalfund.gov.ng 
  • Click on the ‘Start Here’ button, which will take you to the survival fund application form options
  • Select the appropriate category you want to apply for. The categories are: Payroll Support Register, MSME Grant Register and Guaranteed Offtake Register
  • Fill in your information correctly to avoid disqualification during verification.

After successful registration, you will;

  • Receive an Activation Code on your mobile phone, use the code to activate your profile.
  • Log in to your profile to proceed with the onboarding process.
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