MSME Survival Funds: Payment continues for Payrol Supports, others

The payment for the Payrol Supports, a component of the N75Billion MSME Survival Funds Scheme, has continued for the selected Micro, Small and Medium Enterprises in Nigeria in which their employees would recieve salary Support of N30,000 for 3 months.

The Project Delivery Office however noted that only CEOs who registered themselves as staffs would benefit from the N50,000 support paid to the selected MSME heads.

Giving the breakdown of activities in the Scheme, the Project Delivery Office disclosed that 238,868 employees from 41,726 MSMEs have so far benefited from the Payrol Supports while encouraging the applicants of the program to remain patient as payment is on going.

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The PDO furthered that MSMEs from selected States who were unable to complete there application before the previous deadline, have been given a grace up till 27th December, 2020, to complete their registration at https://www.survivalfund.gov.ng.

Addressing the questions arising from other components of the Program, Mr Tola Johnson, the Project Coordinator and also Special Adviser to the president on MSMEs reiterated that measures have been put in place to ensure transparency in the Program

Mr Johnson, and the Director General of SMEDAN, Dikko Umaru Radda had in separate speeches noted that it was a necessity for the Federal Government to ensure that the process is not only free and fair but also reaches the beneficiaries who are truly in need of it.

Explaining the implementation of the program, the duo emphasised the Artisan/Transport Sector have  Associations like Keke Riders Association, Okada Riders Association, Union of Bus Riders or as the case may be. Also  the  Electricians, Tailors, Mechanics etc have their registerd associations through which they can be identified. The Registration is taking place within these identifiable groups.

Umaru pointed out that similar approaches would be employed to other components  of the Programme including the Guranteed Offtake Scheme and General Grant Scheme, to ensure that the Grant actually gets to the people.

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