Survival Fund Nigeria

 Survival Fund Nigeria ABOUT THE MSME SURVIVAL FUND (Also includes login information and an application) Naturally, a lot of individuals don...

 Survival Fund Nigeria

ABOUT THE MSME SURVIVAL FUND

(Also includes login information and an application)

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Only to aid in the dissemination of truthful information about the MSME SurvivalFund program was our website developed.

All elements of aggregate demand are declining as a result of the COVID-19 problem, which is also resulting in border closures and restrictions on travel. Restrictions on movement, which force consumers to spend primarily on necessities like food and shelter, poor expectations for future income, and the depletion of wealth and expected wealth are all contributing factors to the decline in family spending in Nigeria.

Movement restrictions have decreased not only the overall consumption of non-essential goods but also the population's ability to generate revenue, which has lowered their personal consumption expenditure.

Nigeria has a sizable informal sector that accounts for around 65 percent of its economic production. A sizable segment of the population is also concentrated near the poverty line, making them particularly sensitive to shock-induced poverty.

The National MSME Survival Fund and the Guaranteed Off-take Stimulus Schemes have been launched by the Federal Government through the Ministry of Trade and Investment as part of the Nigeria Economic Sustainability Plan (NESP). This program is a component of the Economic Sustainability Plan, which seeks to assist and safeguard these companies from any potential threats posed by the COVID-19 pandemic. Payroll Support, Guaranteed Offtake, and MSME Grants are all included in the program.

One of the Federal Government's economic support programs for micro and small companies affected by the epidemic is the MSME Revolving Guaranteed Off-take Scheme.

The MSMEs negatively impacted by the epidemic are the target of the Payroll Support Scheme. For any MSME that qualifies, the program will offer Payroll Support to a maximum of 10 employees.

This is not the official website for the Survival Fund Program The official websites for the Survival Fund Programme run by the Federal Government of Nigeria are www.survivalfund.ng and www.survivalfundapplication.com.