MSME Survival Fund: Not less than 465,820 employees have benefited from the Payroll Support Scheme Nationwide. FG

MSME Survival Fund:Not less than 465,820 employees have benefited from the Payroll Support Scheme Nationwide. FG 

MSME Survival Fund

The federal government, in it efforts to content with the harmful effects of the covid-19 pandemic on the economy of Nigeria, last year lunched sustainability program known as MSME Survival Fund Support Scheme.

The program is aimed at supporting Individuals with Small and Medium Scale Enterprises who are affected by the covid-19 pandemic.

The Payroll Support Scheme provide Payroll Support of N30,000 to N50,000 to a maximum of 10 employees per qualifying MSME, for a period of 3 months.

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According to the update published on the verified Facebook page of the scheme, so far 465,820 employees have benefited from the payroll support scheme nationwide. See post below;

However, recently there are numerous of complaints making the round on different social media platforms concerning the payment of the beneficiaries of the scheme.
The beneficiaries have lament over nonpayment of the grant, even when they were successfully verified.
Recently, the scheme has announced that payment of all verified beneficiaries will commence this week, the scheme made this announcement on Sunday 26 April via their Twitter.
Hopefully, payment for the next batch will commence anytime soon from now, keep hope alive.
MSME Survival Fund: less than 465,820 employees have benefited from the Payroll Support Scheme Nationwide. FG claims.
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Nwoka Stanley

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