Within the first 48 hours that the Federal Government opened the portal for the N75bn National Micro Small and Medium Enterprises, MSME Survival Fund and the Guaranteed Off- take Stimulus schemes under the Nigeria Economic Sustainability Plan, a total of 174,574 persons successfully registered.
Registration for the MSME Survival Funds commenced at 11 pm on Monday.
The Minister of State for Industry, Trade and Investment, Ambassador made this known yesterday in Abuja at a media briefing on the Scheme.
The schemes were introduced by the Federal Government to support individuals and businesses negatively affected by the COVID- 19 pandemic.
The Minister said all successful applicants received SMS and email verification with a list of requirements for the second stage of application which will commence on October 1.
She said Applicants will be required to upload details supporting their applications which will be verified and if successful, approved for disbursements.
According to her, states that recorded the highest number of applications in the first 24hrs of registration are Kano 16,880; Kaduna 11,438; Lagos 10, 530; Katsina 7,354 and Bauchi 6,622
She said as of 8.30am on Thursday, total successful registrations stood at 174,574 out of which Kano had 19,895; Kaduna:13,575; Lagos 13,640; Katsina 8,383 and Federal Capital Territory 8,085
To commemorate Nigeria’s 60th Independence Anniversary on October 1, she said the Federal Government is ready to disburse about N300m to 333,000 artisans and transporters under the National Micro Small and Medium Enterprises Survival Fund and the Guaranteed Off-Take Stimulus Scheme.