MSME Survival Fund: Payment continues, applicants encouraged to be patient.


MSME Survival Fund: Payment continues, applicants encouraged to be patient.

MSME Survival Fund

Reactions have trailed the announcement by the Federal Government over the commencement of payments to more beneficiaries of the Payroll Support, and General Grant Tracks of the popular MSME Survival Funds Scheme.

Breaking the news on Thursday, the President Mohammadu Buhari led administration stated that aditional 146,065 successful beneficiaries of the Payroll Supports Track across the Federation have stated receiving their N30,000 Grant adding that each of the beneficiaries would recieve a payment covering 3 months, amounting to N90,000 per beneficiary.

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It also added that 46,117 beneficiaries of the General Grant Track of the Scheme constituting 50% of the total beneficiaries of the Track have started recieving the one time N50,000 direct cash injection to boost their businesses.

However, thousands of the verified applicants lamented what they described as “selective payments” to few beneficiaries of the scheme alleging that it may be a plot to divert the Funds.

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We wish to announce to Nigerians that Payment has continued this morning and would continue throughout the weekend.

All verified applicants yet to receive their payments are encouraged to remain patient as sounds of alerts will surely hit their mobile devices.


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