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We at Authentic News Giant is curating All you need to Know about the Survival Fund by the Federal Government of Nigeria. How to apply and get registered into the system.
The Federal government of Nigeria has announced that registration for the N75 billion survival fund for Micro, Small and Medium Enterprises (MSMEs) will begin on Monday, September 21.
The Main purpose of this fund is Ensure Nigerian Micro, Small and Medium Enterprises MSMEs Survive in this trying times.
The Survival Fund is supported by the Federal Ministry of Industry, Trade and Investment .
About Nigeria Government Survival Fund
The COVID-19 pandemic has created severe Economic consequences for all countries around the world. Nigeria has also been very badly hit. The lockdowns have frozen economic activities, causing massive job losses and supply chain disruptions.
The COVID-19 crisis and its attendant restriction on movement of people and border closures is causing all components of aggregate demand to fall. The fall in household consumption in Nigeria stems from restrictions on movement, thus causing consumers to spend primarily on essential goods and services; low expectations of future income and the erosion of wealth and expected wealth.
Movement restrictions have not only reduced the consumption of nonessential commodities in general, but have affected the income-generating capacity of the population, thus reducing their own consumption expenditure.
Nigeria has a large informal sector which contributes about 65 percent of its economic output and a large proportion of the population is clustered around the poverty line thus making them highly vulnerable to falling into poverty due to shocks. The MSME Revolving Guaranteed Off-take Scheme is one of the Federal Government’s economic support measures to assist micro and small businesses affected by the pandemic.
The Payroll Support Scheme is aimed at MSMEs adversely affected by the pandemic. The scheme will provide Payroll Support to a maximum of 10 employees per qualifying MSME.
How Survival Fund will Help MSMEs
Payroll Support
Support 500,000 Vulnerable MSMEs in meeting Payroll obligations of between N30,00 to 50,000 per employee over 3 months.
Formalisation Support
Provide free CAC Business Name Registration for 250,000 new Businesses
General Grant
Support the survial of 100,000 businesses most affected by the COVID-19 pandemic with N50,000 Each
How to Apply for Nigeria Government Survial Fund
- Login to https://www.survivalfundapplication.com/
- Click Sign Up
- Select your Registation Type
MSME Payroll Support
The MSME Payroll Support Scheme is a survival fund that will make payroll support available to save jobs and sustain local production.
MSME Grant
The Credit Support to MSMEs and Priority Sector will provide affordable finance to key sectors impacted by the pandemic and enable an increase in manufacturing capacity in priority sectors.
Guaranteed Offtake
The MSME Guaranteed Offtake Scheme is one of the Federal Government’s economic support measures to assist micro and small businesses affected by the pandemic.
After you have successfully activated your account, you will need to login and register your Organisation. To complete this stage, you will need your CAC Number, SMEDAN Number, Tax ID (optional) and the organisation’s bank account details.
Step 4: Completing the payroll support application
You will receive an email address on the list of requirements needed to complete the application. These include the beneficiary employees details (not more than 10 employees), proof of previous salary payments to the beneficiary and all other supporting documents.
Contact For Information
STATE | COORDINATING AGENCY | ADDRESS | POC (POINT OF CONTACT) | STATE FOCAL PERSON |
---|---|---|---|---|
Abia | ITF | Onyike street, off Omobo road, Ogbor Hill, Aba, Abia state. | Mr. Cletus Ekpe – 08180068847 | Mr. Chinenye Nwogu – 0803307750 |
Adamawa | ITF | ITF Yola Area Office No 3, Taura Street, Off Galadima Aminu Way, Behind ABTI Ventures, Jimeta Yoal Adamawa State | Alh. Reelwan Jibrin – 08060666060 | |
Akwa Ibom | SMEDAN BOI House | 4 Esuene Close, off Esuene Street by IBB Way. | Sopuruchi Egbeke – 07067424675 Mr. Aliyu Umaru – 08030613555 | Mr. Michael E. Essienibanga – essenibanga@yahoo.com 08035405718 |
Bauchi | SMEDAN | SMEDAN Office, Suleiman Adamu Road, Opposite Inkiya Filling Station, Tambari Housing Estate, Jos Road, Bauchi | Abba A. Dauda – 08068575728 | Mr. Aminu Musa – maminumusayahoo.com 08037420081 |
Bayelsa | SMEDAN | Room 110, Old Secretariat Complex, Near Govt House, Yenagoa | Rita Avabore Imuere – 08068018174 | |
Benue | SMEDAN | SMEDAN, c/o BENCEDI, Opp Staff Development Centre, Jonah Jang Crescent, Makurdi. | Emmanuel Alu Oryiman – 07037163409 | Emmanuel Doughdough – emmanueldoughdough@gmail.com 08065560694 |
Borno | BOI | SMEDAN, c/o BENCEDI, Opp Staff Development Centre, Jonah Jang Crescent, Makurdi. | Mr. Mohammed Maina – 08073990028, 08030472899 | Barr. Bashir Maidugu – bashirmaidugu@gmail.com 08094784147 |
Cross River | ITF | Plot G Northern Industrial Layout, Murtala Muhammed Highway Opp SPC junction Calabar, Cross river State. | Mrs. Evelyn Ose Irabor 08066240308 | |
Ebonyi | SMEDAN | SMEDAN Office, No 54, Ezza Road, Abakaliki Road, Abakaliki, Beside WDC. | Nwadike Gerald Chimezie – 08063289585 | |
EDO | ITF | No. 180 Ekenwan Road, Benin city, Edo State. | Mr. Ejekukor Onajite O. – 08033405531 | Mr. Nkemakonam Okoeguale Ufelle – kemaufellasmith@gmail.com |
EKITI | SMEDAN | SMEDAN Office, Chamber of Commerce Building, Trade Fair Complex, Fountain Hotel Premises Basiri, Ado Ekiti. | Tomi Ikuomola – 08032391994 | Mr. Kayode Fasae – 08033044483 |
ENUGU | BOI | 47, Coal City Garden Estate, Behind Central Bank Okpara Avenue Enugu | Mr. Obaro Osah – 08023451210, 08051771490 | Arinze Chilo-Offiah – 08177403003 |
GOMBE | BOI | 45, Shongo Estate, Gombe | Mrs. Aisha Adamu – 07066181919 | Ahmed Musa Husaini – ahmadugombe@gmail.com 0803490011 |
IMO | SMEDAN | SMEDAN, Industrial Development Centre, Shell Camp Near Government House, Owerri. | Igwesi Kenechukwu – 08131200238 | Barr Mrs. Ogechi Njoku – 08033020666 |
JIGAWA | SMEDAN | Room 314 Second Floor, Federal Sectariat Complex, Kiyawa Road Dutse. | Sahalu Adam Muazu – 07036941176 | Salisu Zakar Hadejia – 09032961402 |
KADUNA | SMEDAN BOI | SMEDAN, Industrial Development Centre, Shell Camp Near Government House, Owerri. | Sahalu Adam Muazu – 07036941176 | Salisu Zakar Hadejia – 09032961402 |
KANO | SMEDAN BOI | Guda Abdulahi Road, City Center (Farm Center) Nassarawa Industrial Skills Training Centre Dorayi/Challawa Road, Off Buk Road, Kano, Kano State | Kabiru Sabo Hassan – 08033298179 08026146736 08037861296 Alh. Hayatu A. Tambuwal Kabiru Sabo Hassan – 08026146736 | |
KATSINA | SMEDAN | Hamza Zayyad House, No 61 IBB Way Katsina | Aminu safiyanu Masari – 08036002155 | Mr Ibrahim Tukur Jikamishi – 08032873529 |
KEBBI | SMEDAN | Sultan Abubakar Road, near GT Bank GRA, Birnin Kebbi | Umaru Saadu – 09033388827 | Nura Bello – 08032005632 |
KOGI | ITF | ITF Lokoja Area Office Near Kogi State Secretariat, Lokoja, Kogi State | Alh. Usman Ibrahim – 0703594699 | Hon. Olofu Gabriel Yunusa – olofu6521@gmail.com 08033027648 |
KWARA | SMEDAN | SMEDAN, Room 30/31 Ministry of Environment, Opposite Police Headquarters, Ahmadu Bello Way, Ilorin | Lawal Adebayo Uthman- 07030055834 | Mr Mohammed Brimah – mobrimah@gmail.com 08035617436 |
LAGOS | PDO SMEDAN | Industrial Training Fund Area Office, 5, Olorunfunmi Street Behind Philips, Ojota. Lagos. Ashabi Cole Street, Off Agidingbi Road, Central Business District, Alausa, Ikeja Lagos 24, Fatai Atere Way, Matori, Oshodi, Lagos | Mr. Victor Awoniyi 08023009968 Mr. James Fanope – 08033460439 Mr. Sunday Afolami – 08167541866 Mr Emmanuel Egbuta – 08034316123 Tosin Abajo -08169360836 | solape.hammond@lagosstate.gov.ng 07062157665 |
NASSARAWA | ITF | ITF Lafia Area Office, Adjacent Ministry for Local Government and Chieftaincy Affairs Shendam Road, Lafia, Nasarawa. | Alh. Garba Hassan – 08035924607 | i.abdullahi@nasarawastate.gov.ng 08033994447 |
NIGER | BOI | Adjacent Sharman Plaza, Opposite Murtala Park, Bosson Road, Minna, Niger State | Mr. Nasiru Ozovehe – 08035130669 | Mr. Shuaibu Awaisu – 08182295936 |
OGUN | ITF | ITF Close, Opp. Governor’s office, Okemosan, Abeokuta, Ogun state. | Mrs. A. O. Coker – 08033360019 | Mrs Kikelomo Longe – koa.longe@outlook.com |
ONDO | SMEDAN | SMEDAN Office, Oyanrugbulem Industrial Park, Akure – Owo Express Road. | Abiodun John Aiyedun – 08077999892 | Mrs Stella Kosemani Kolawole – starkosh53@gmail.com 08037145778 |
OSUN | BOI | No. 10 Obafemi Awolowo Way, Igbona Osogbo | Dr. Emmanuel Ojowuro – 08034228585 | dayobabaranti@gmail.com 07060771282 |
OYO | BOI | OSFICO Building, Foodco Road, Jerico, G.R.A, Ibadan | Mr Ahmed Kagara – 07063672506 08023363109 | Hon. Segun Ogunwuyi – shegoa7@gmail.com 09033755824 |
PLATEAU | ITF | ITF Centre for Excellence Along Bukuru Express Way, Jos, Plateau State. | Mr. Ajibola Ladokun – 08062855916 | Mr. Haggai Haruna Gutap – 08069540448, 08184092475 |
RIVERS | ITF BOI | Plot 101, Trans Amadi Industrial Layout, Rivoc road, Portharcourt, Rivers state. Fleet Home(1st Floor) 105, Olu Obasanjo Road, Opposite Domino Pizza, Port Harcourt | Mr. Sunkanmi Oriyomi – 08087180171 08076729351 | |
SOKOTO | ITF | ITF Sokoto Area Office No 2, Kaduna Road, Off Gusau Road Sokoto, Sokoto State | Alh. Inuwa Samaila – 08035892831 | binanchi@yahoo.com 08063083949 |
TARABA | SMEDAN | Former FADAMA IIII Office, Opposite Ministry of Agriculture Tractor Hiring Unit Workshop, Hammanruwa Way, Jalingo. | Suleiman Umar – 08038606271 | |
YOBE | SMEDAN | SMEDAN Federal Secretariat, Gashua Road, Damaturu, Yobe State | Muhammed N. Joji – 08069571787 | abubakarfika@gmail.com 08138508752 |
ZAMFARA | ITF | TF Gusau Area Office No 8, Olusegun Obasanjo Drive, Opp. Zamfara State Assembly Gusau, Zamfara State | Alh. Yakubu A. Umar – 08068240668 | hajiaprincess@yahoo.com 08033115841 |
FCT | BOI ITF SMEDAN | 3rd Floor, BOI House Plot256, Zone AO Off Herbert Macaulay Way, Abuja ITF Corporate Office ITF House No 6, Adetokumbo Ademola Crescent, Wuse II, Abuja. | Mr. Briggs – 09012140160 Mr. Femi – 08076563757 Mr. Yusuf – 08061552466 Ms. Nguter – 08060503742 Dr. King Jack – 07034137284 Mrs. Ogochukwu Akabogu – 07034137284, 08033140802 Salau Ahmed – 08118753503 | Arabi Muhammed Tukur – 07067274444 |