Federal Govt Announces New Portal For MSMEs Survival Funds

Federal Government has announced new portal for MSMEs Survival Funds.

The Federal Government has announced a new portal for the Macro, Small and Medium Enterprises (MSMEs) Survival Fund and Guaranteed off-take Stimulus Scheme.

The website will be migrated to www.survivalfund.gov.ng effective November 1.

Minister of Industry and Trade, Mariam Katagum.

Minister of State for Industry, Trade and Investment, Mariam Katagum made this development known in a statement on Saturday.

Katagum pointed out operational challenges for the migration.

She also warned the public not to give money to anyone for the scheme.

“The public is further warned not to pay anything for the ongoing formalisation process or any of the package under the scheme, it is absolutely free,” she said.

The survival fund was initiated to help MSMEs cope with the economic shock caused by the raging COVID-19 pandemic.

Meanwhile, the portal for registration became operational on September 21.