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N75bn survival fund: FG extends registration for payroll support scheme 

N75bn survival fund: FG extends registration for payroll support scheme 
January 25
20:09 2021

The federal government (FG) has extended registration for the payroll support scheme to enable some states meet their quota.

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This is according to a statement signed by the project delivery office, and the steering committee of the MSME survival fund and guaranteed offtake scheme chaired by Mariam Katagum (pictured), minister of state for industry, trade and investment.

The payroll support portal (https://survivalfund.gov.ng/) will be open from January 27 to February 2 for different categories of businesses — educational, hospitality and other sectors.

According to the committee, states such as Benue, Plateau, Bauchi, Kano, Kaduna, Rivers and the federal capital territory (FCT) have met their quota, therefore they are not eligible for the reopening exercise. It applies specifically to  states that have not met their quota of beneficiaries.

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The payroll support scheme is designed to assist vulnerable micro, small and medium enterprises (MSMEs) by paying the salaries of their staff for a period of three months.

The requirements needed for the application include: Business must have Corporate Affairs Commission (CAC) registration; must have a bank verification number (BVN);  must have staff strength of at least 10 persons and maximum of 50; must be owned by a Nigerian.

Emphasising that the registration process is absolutely free, it cautioned citizens to beware of fraudsters.

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It noted that the scheme provides for 45% female participation and 5% special needs  participation.

 

23 Comments

  1. Humble
    Humble January 27, 18:57

    Am a Nigerian ,am grateful with this survival fund.am so happy with it.

    Reply to this comment
    • Adeosun1
      Adeosun1 February 02, 12:51

      My CAC is unverified , please what is the problem
      I have all the necessary documents required for

      Reply to this comment
  2. Gordons
    Gordons January 27, 21:29

    It’s a welcome development

    Reply to this comment
  3. Mohammed Dahiru
    Mohammed Dahiru January 27, 22:26

    It is a nice program. some people were verified since last year, but up to now they have not been paid.

    Reply to this comment
  4. ASM JAMA'ARE
    ASM JAMA'ARE January 27, 22:39

    Survival mode and material resources to help with history tomorrow morning and then I can get the

    Reply to this comment
  5. Onyemaechi. Favour .A.
    Onyemaechi. Favour .A. January 28, 16:03

    I registered for survival Fund since last year,but uptill now,no payment.l will be greatful,if I receive mine

    Reply to this comment
  6. Vera
    Vera January 29, 09:59

    My CAC is refusing to be verified. What could be the problem

    Reply to this comment
  7. Diva
    Diva January 29, 21:28

    suspended account. what do I do

    Reply to this comment
  8. Giddy
    Giddy January 31, 23:04

    I registered my company but I don’t have a company bank account and I don’t have a proof of staff salary. We give them cash by hand…

    Reply to this comment
  9. Giddy
    Giddy January 31, 23:05

    I registered my company but I don’t have a company bank account and I don’t have a proof of staff salary. We give them cash by hand…What Do I do to finish up my registration? Please help

    Reply to this comment
    • Eh
      Eh February 03, 08:34

      You can create one,just go to nearest cybercafe to type,print out a salary sheet ,then ask your staff to sign on their spaces,then upload as soon as your staff signs.

      Reply to this comment
  10. Ijoba
    Ijoba February 01, 18:21

    My CAC IS NOT VERIFIED

    Reply to this comment
  11. piyostic
    piyostic February 03, 00:04

    same to me. I have all the necessary information but my CAC is showing Unverified

    Reply to this comment
  12. Okechukwu Emmanuel
    Okechukwu Emmanuel February 04, 16:05

    Thanks so much for the information.
    I think I made a mistake. I key in only three persons thinking the remaining will be taken from the payroll attached during the registration. Is there any solution to resolve that?

    Reply to this comment
  13. Trendy
    Trendy February 05, 17:25

    I registered for survival fund since last year,a message was sent to me that I have done the first step of registration. I was to provide some necessary documents like my CAC certificate, payroll slip and the likes. Their portal didn’t open for some time until January this year. All the documents were provided but my CAC certificate is unverified and I couldn’t go further on the registration .What else can I do? I wish to be a partaker of this .

    Reply to this comment
  14. Ishaq poultry
    Ishaq poultry February 15, 12:26

    What is the problem our company is been verified for more than two months ago and we have summited all the requirements they need we also been called by them pls lets know our stand pls

    Reply to this comment

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