MSME Survival Funds: Finally, Portal opens for Payroll Supports Registration | See eligible States and how to apply

The Federal Government has today opened the registration portal for the Payroll Supports Scheme particularly for States that have not completed their quotas.

ReadEligible States and Number of Beneficiaries needed in the New Application

How to Apply for the Payroll Surports Scheme:

Note Before: A CEO/Proprietor who owns a Registered Business, and meet all other requirements is most suitable to fill the application Form and adds a minimum of 3 and a maximum of 10 of his/her employees.

Open https://www.survivalfund.gov.ng and click on 'Sign Up' follow the processes below:

1. Personal registration

Register your personal details to start the payroll support application. Instructions at the top of the form will guide you on the required fields that need to be filled to complete the initial registration.

2. Activate your account

You will receive an activation code on the mobile number and email address you registered with. You will need this code to activate your account. Please ensure you have access to the phone number or email address you will register with in order to complete your initial registration.

3. Organisation registration

After you have successfully activated your account, you will need to login and register your Organisation. To complete this stage, you will need your CAC Number, SMEDAN Number, Tax ID (optional) and the organisation's bank account details.

4. Completing the payroll support application

You will receive an email address on the list of requirements needed to complete the application. These include the beneficiary employees details (not more than 10 employees), proof of previous salary payments to the beneficiary and all other supporting documents.

Who are eligible for Payroll Supports Scheme?

1.  Education (Private Schools): The Proprietor of the Private School would register a maximum of 10 Employees per each Private School who would be beneficiaries of N30,000 for a period of 3 months. 

Note: School Proprietors must possess Bank Verification Number; Business must be CAC- Registered, Nigerian owned and Proof of (3) Last Salaries paid to your employees

2. Hospitality: The Hospitality Industry Propriator (Event Managers, Catering Services Owners, Restaurant owners, Bar Owners, Mama put Owners, etc) etcwould have a maximum of 10 Employees registered and meet requirements as in No 1 above.

3. Micro, Small and Medium Enterprise in Nigeria meeting the following requirements:

a. Business registered by Corporate Affairs Commision and Possess RC No:, TIN, SMEDAN Number

b. Possess a Staff strength of at least 3 Employees.

c. Possess Annual Revenue/Turnover for 12 Months 

d.Proof of (3) Last Salaries paid to your employees

e. Owned by a Nigerian

f. CEO Possesses a Bank Verification Number(BVN)

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