Survival Fund: FG Disburses ₦57 Billion To 1 Million Nigerians, Businesses
The Federal Government has disbursed N56,842,780,000 to 1,079,323 persons and businesses under the Survival Fund programme. The companies include those registered under the Corporate Affairs Commission (CAC). Maryam Katagum, Chairperson of the Survival Fund Steering Committee, gave the details at a news conference on Tuesday in Abuja. Katagum, the Minister of State, Industry Trade and Investment, also flagged off the Guaranteed Off-take Scheme, with 50,032 beneficiaries already shortlisted. The official said the scheme was the last track of the Micro Small and Medium Enterprises (MSMEs) Survival Fund. The target is 100,000 beneficiaries but as at the time the portal closed, only 65,976 applications were received. 50,032 entries across Nigeria scaled the pre-qualification test and were shortlisted. “To date, we have successfully disbursed the sum of N56,842,780,000.00 to 1,079,323 including those registered under CAC”, Katagum confirmed. “The Federal Government is set to roll out ...