Breaking: Payroll Supports, some States to complete application - Daily Info Update

The MSME Survival Funds Payroll Supports will open its portal for Applicants of the Payroll Supports Scheme in some States who would complete their application, to meet the State quota for the program.

The Minister of State, Industry, Trade and Investment, Mrs Mariam Yelwaji  Katagum had Wednesday disclosed that the disbursement for Payroll Support is ongoing across the country, "however, due to the inability of some states to meet their target application numbers, the portal will be reopened to accommodate such states." This is contained in Daily Trust, 25th November, 2020.

Some of the applicants have this morning started recieving e-mail notifications to enable them log on to  https://www.survivalfund.gov.ng for the completion of their application. 

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Breaking down the distribution of the N75Billion MSME Survival Funds across the States of the Federation, the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande had in several tweets stated that 13,000 beneficiaries would emerge for the 3 Months N30,000 Payrol Support from each of the 36 States plus FCT while 2,640 beneficiaries would benefit from the N50,000 one-time General Grant from each State of the Federation and FCT.

He added that 6,606 beneficiaries would have their businesses registered by the Corporate Affairs Commision free of charge under the Formalization Surport, from each State plus FCT.

The SSA to the VP furthered that 9,009 beneficiaries would benefit from the Artisan and Transport Supports while 2,640 beneficiaries would emerge under the Guranteed Oftake Scheme per each of the 36 States plus FCT.

Akande however noted that Lagos, Kano and Abia State would have a marginal increase in the number of beneficiaries as they house more Micro, Small and Medium Enterprises than other States.

According to the distribution pattern, for the Payroll Support, Lagos will get 25,000 beneficiaries; Kano gets 17,000; Abia gets 16,000; while other states get 13,000 each.

For the General MSME Grants, Lagos gets 3,880; Kano gets 3,280; Abia gets 3,080; while other states get 2,640 each.

For the free Corporate Affairs Commission registration, Lagos gets 9,084 beneficiaries; Kano-8,406; Abia – 7,906; while other states get 6,606 each.

For the Guaranteed Offtake Scheme, Lagos gets 3,880; Kano -3,280; Abia -3,080 and other states 2,640 each while each of the States plus FCT would get 9,009 beneficiaries under the Artisan and Transport Grants one-time grant.

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