Home Breaking News Federal Government Begins Disbursement of funds to MSME Beneficiaries

Federal Government Begins Disbursement of funds to MSME Beneficiaries

by Nwani Chisom
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According to Reports reaching Oyogist.com, the Federal Government, of Nigeria has commenced the disbursement of its Micro Small and Medium Enterprise (MSME) Survival Fund.

Oyogist.com earlier reported that the N30,000 MSME Survival Fund was a one-off grant to support various Micro Small and Medium Enterprises.

President of the Federal Republic of Nigeria, Muhammadu Buhari while sharing the Update via his official Twitter handle said; “I am pleased to announce that 101,567 beneficiaries drawn from 16,253 businesses today received their first monthly payment from our Payroll Support Program. The program is a @SurvivalFund_ng Covid-relief initiative to support qualifying MSMEs with staff salaries for 3 months”He said.

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