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N75bn survival fund: FG extends registration for payroll support scheme 

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

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.

 

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

  2. 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…

  3. 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

    1. 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.

  4. 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?

  5. 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 .

  6. 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

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