SmartPreneur
Advertisement
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Games & Quizzes
No Result
View All Result
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Games & Quizzes
No Result
View All Result
SmartPreneur
No Result
View All Result
Home SME

FG warns applicants of N75 billion MSME Fund against fraudulent websites

FG warned unsuspecting members of the public to beware of fraudulent websites demanding account details.

Blessing Osazuwa by Blessing Osazuwa
January 4, 2021
in SME
0
MSME Survival Fund Payroll Support Registration, Guidelines, Requirements
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Federal Government has warned unsuspecting members of the public, who wish to apply for the MSME Survival Fund, to beware of fraudulent websites demanding account details, before giving applicants N50,000.

Join our communityJoin our communityJoin our community

According to Punch, the disclosure is contained in a press statement that was issued in Calabar by the Project Delivery Office (the Coordinating office of the scheme) under the Federal Ministry of Industry, Trade and Investment, and titled ‘Portal requesting for beneficiaries account details to get N50, 000 not known to us.’

The PDO is coordinated by the SA to the President on MSMEs, Office of the Vice President, Tola Johnson.

What the Trade, Industry and Investment Ministry is saying

The Ministry, in its statement said, “Our attention has been drawn to the activities of fraudsters parading themselves as operators of the Federal Government’s Survival Fund Scheme.

“The syndicate operating a fraudulent portal with the link https://survivalfund-gov-ng.freefunds.xyz/#1609249530133(https://bit.ly/FG-survival-fund) are asking unsuspecting members of the public to check their eligibility for the scheme by providing their account details on the portal in order to be paid N50, 000 grant under the Survival Fund Scheme.

“It is pertinent to note that the Project Delivery Office (the coordinating office of the scheme) does not operate any such portal and beneficiaries do not require to go to the website to verify their eligibility for the federal government’s Survival Fund as indicated on the fraudulent portal.

“The website requesting beneficiaries account details is, therefore, a scam. The PDO does not operate any such portal and wishes to advise all Nigerians and beneficiaries of the different tracks of the survival fund to be wary and desist from having dealings with the operators of the site.”

The Ministry pointed out that the authentic survival fund portal remained www.survivalfund.gov.ng and the PDO would always inform members of the public on updates about the scheme whenever it was necessary.

What you should know

The MSME Survival Fund, which is part of the N2.3tn stimulus package of the Nigeria Economic Sustainability Plan, was introduced by the Federal Government as part of efforts to help businesses overcome challenges posed by the Covid-19 pandemic.

The MSMEs Survival Fund scheme is a conditional grant to support vulnerable micro and small enterprises in meeting their payroll obligations and safeguard jobs in the MSMEs sector. The scheme is expected to save at least 1.3 million jobs across the country and specifically impact on over 35,000 individuals per state.

 

This article first appeared on Nairametrics on January 1, 2021

Tags: MSME survival fund
Previous Post

Federal lawmaker empowers 600 constituents in Ondo

Next Post

7 business grants for African SMEs in 2021

Blessing Osazuwa

Blessing Osazuwa

Blessing does the research to bring you needed information for success.

Next Post
7 business grants for African SMEs in 2021

7 business grants for African SMEs in 2021

Please login to join discussion

Recent News

World MSME Day 2022: Why You Must Not Give Up As An Entrepreneur

World MSME Day 2022: Why You Must Not Give Up As An Entrepreneur

June 27, 2022
How To Build Your Brand As A Hair Salon Owner

How To Build Your Brand As A Hair Salon Owner

June 24, 2022
Creative Intelligence: Usefulness In 21st Century Advertising

Creative Intelligence: Usefulness In 21st Century Advertising

June 23, 2022
5 Things That Could Eventually Drive Away Your Loyal Customers

5 Things That Could Eventually Drive Away Your Loyal Customers

June 23, 2022
SmartPreneur

© 2020 SmartPreneur

Navigate Site

  • Home
  • Trending News
  • Radio
  • Games & Quizzes
  • TV

Follow Us

No Result
View All Result
  • Home
  • Trending News
  • SME
  • Podcast
  • DIY
  • Hustle Life
  • Quizzes
  • TV
  • Contact us
  • Ask an Expert

© 2020 SmartPreneur