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Survival Fund: FG Disburses Over N56 Billion To N1,079,323 Nigerians

Stanley Uhegbu by Stanley Uhegbu
September 1, 2021
in World News
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Nigerian Naira Note Source: Central Bank of Nigeria

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The sum of 56,842,780,000 has been disbursed to 1,079,323 persons and businesses under the Survival Fund programme of the Federal Government.

Minister of State, Industry, Trade and Investment and Chairperson of  the Survival Fund Steering Committee, Maryam Katagum disclosed this at a press briefing in Abuja on Tuesday.

The companies include those registered under the Corporate Affairs Commission (CAC).

“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,” she said.

“The Federal Government is set to roll out the last component of the Survival Fund known as the Guaranteed Off-take Scheme (GOS),” she added.

She also said the scheme was the last track of the Micro Small and Medium Enterprises (MSMEs) Survival Fund.

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