Economy News

MSME SURVIVAL FUND: FG Releases New Site, Alerts on What Scammers Are Doing

The federal government of Nigeria has released fresh guidelines for intending beneficiaries of its Survival Fund initiative, urging Nigerians to ignore messages soliciting for payment to process the FG’s survival fund scheme.

Abuja Business Reports gathered that following the crash of the initial site, survivalfund.ng, a new site has been launched.

According to the management on the fund, in a statement on Tuesday, clearly stated that the process is completely free.

The full statement reads:

Reports have reached us that some fraudulent persons have been using Short Messaging Services (SMS) and other social media platforms to solicit for funds to help applicants get the MSME payroll support.

It is important to state that the only way to be eligible for the payroll support is by registering or applying on the official website, www.survivalfundapplication.com Nigerians are NOT expected to pay to benefit from this scheme, neither are you expected to send your personal details, including BVN to any one.

Registration on the official website is COMPLETELY FREE and should be done solely on the website where the guidelines are clearly stated.

The MSME survival fund scheme is a Federal Government initiative under the Nigerian Economic Sustainability Plan, NESP.

The SURVIVAL FUND will provide Payroll support of N30,000 or N50,000 grant over three months to 500,000 beneficiaries.

Nigerians should therefore ignore any message from any individual or group soliciting for funds to help applicants process payment for the Federal Government’s MSME survival fund or payroll support.

Applications are accepted based by industry sectors. For example, application for Education sector spans from Monday, 21st Sept. 2020, 10pm.

Hospitality sector from Friday 25th Sept. 2020, 12am.

General (other sectors) Monday 28th Sept. 2020, 12am.

There is a step-to-step guide for application on the website http://www.survivalfundapplication.com

Personal registration. Activate your account.

Organisation registration. Completing the payroll support application.

After application, an email and a SMS confirming application success will be sent to the applicant via SMS and email through the details provided by the applicant.

The sender SMS is tagged “Survivalfnd” and should be noted for your code and further explanatory details.

Some times, the emails are received first before the SMS, so, applicants should ensure a valid email is used, to ease their application process.

Again, the public is hereby informed to ignore any person(s) soliciting for payment to help them access the payroll support.

Signed:

Project Delivery Office for MSME Survival Fund

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