An online portal for Nigerians to register for the N75billion survival fund for micro, small and medium enterprises (MSMEs), will be launched on Monday September 21 by the federal government. 

Mariam Katagum, minister of state for industry, trade and investment said the programme is aimed at tackling the economic challenges faced by small businesses as a result of the coronavirus outbreak.

The Project Delivery Office also said in a statement; 

“Nigerians interested in the Payroll Support scheme are to note that the site for registration will be open from 10 pm Monday September 21, 2020.

“In order to ensure seamless registration process, the Project Delivery Office has designed a registration schedule.

“Registration for Payroll Support will start with educational institutions on Monday and will be followed with businesses in the hospitality industry on Friday September 25 beginning from 12 A.M.

“The portal will also be open to other category of small businesses from 12 A.M., on Monday September 28, 2020.”

1 COMMENT

  1. Nigerian officials use populist, private-sector friendly rhetoric to justify new MSME assistance programs even though they are a drain on public finances because corruption and mismanagement negates their intended impact. These programs and the agencies that oversee them must be made more transparent and accountable if they are to be made fit for purpose and cost effective. The destructive effects of corruption limit how much the MSME sector can contribute to Nigeria’s socioeconomic development.

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