The Federal Authorities says it is going to impact a change in Micro, Small and Medium Enterprises (MSMEs) Survival Fund and Assured off-take Stimulus Scheme website from Nov.1 attributable to operational challenges.

Amb. Mariam Katagum, Minister of State for Trade, Commerce and Funding and Chairperson of the Steering Committee of Nationwide MSMEs Survival Fund and Assured off-take Stimulus Scheme disclosed this in an announcement on Saturday in Abuja.

In accordance with the minister, the survival fund website can be migrating to www.survivalfund.gov.ng with impact from Nov. 1.

“I want to inform most of the people that attributable to operational challenges the committee can be effecting a change within the website of the fund and migrate to www.survivalfund.gov.ng.

“The general public is additional warned to not pay something for the continued formalisation course of or any of the bundle beneath the scheme…it’s completely free,” she stated.

The Information Company of Nigeria (NAN) experiences that the survival fund is a conditional grant to assist weak Micro, Small and Medium Enterprises in assembly their payroll obligations and safeguard jobs in MSMEs from the shock of the COVID-19 pandemic.

The scheme is estimated to avoid wasting at the very least 1.3 million jobs throughout the nation whereas focusing on a median of 35,000 people per state.

Underneath the scheme, which is beneath the Nigeria Financial Sustainability Plan (NESP) of President Muhammadu Buhari’s administration, tens of millions of Nigerians could be impacted.

The portal for the fund registration was opened for beneficiaries and have become operational in Sept. 21.

[NAN]

Vanguard News Nigeria.

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