UPDATE: Survival fund named those to expect payment in the ongoing disbursements

The steering committee for the implementation of the survival fund has finally spoken out on the category of applicants that should expect payment in the ongoing disbursements.

The Senior Special Assistant to the President on SMEs in the office of the Vice President, Mr Johnson Laolu Akande explained that not everyone will be paid in the ongoing disbursements, although we are going to request for an extension of time from the President, but we will give this whole thing a little break to see how we can revamp it in a way that the huddles will be eliminated.

SEE ALSO: Survival Fund: Why Directors or Business Owners won't be paid

Meanwhile, Employees will definitely be paid while Directors or Business Owners may not get direct payment.

" Those whose details showed incorrect in the MSME general grant will all be paid even if they were not verified by call".

This is so because the primary aim of the scheme is to aid MSMEs, so we will bypass some restrictions. All employees will also be paid as well.


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About the Author: Sam Oluwarantimi

Interpersonal Communication Specialist & Graduate (Biology), Obafemi Awolowo University. Join me on Twitter.

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