The registration portal for prospective beneficiaries of the Survival Fund has been opened and the Federal Government has released the timetable for categories of businesses to register.
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The scheme is estimated to save at least 1.3 million jobs across the country while targeting an average of 35,000 individuals per state.
According to a statement released by the Project Delivery Office in Abuja, the portal will be ready for the first batch which is educational institutions at 10pm today Monday, 21st September, 2020. After which business in hospitality industry will begin registration by 12 A.M, 25th September, 2020.
The statement reads;
“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 a seamless registration process, the Project Delivery Office (PDO) 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 categories of small businesses from 12 A.M., on Monday, September 28, 2020,” the statement said.
The office therefore advised those interested in benefiting from the fund to take note of the schedule and also log on to http://www.survivalfund.ng to register for the payroll support initiative.
The News Agency of Nigeria (NAN) reports that the survival fund is a conditional grant to support vulnerable Micro and Small enterprises in meeting their payroll obligations and safeguard jobs in MSMEs from the shock of the COVID- 19 pandemic.