FG sounds the alarm over fraudulent messages on payment of N80,000 to Survival Fund beneficiaries – Nairametrics

The federal government has sounded the alarm over fraudulent messages circulating about the alleged payment of N80,000 to beneficiaries of the Survival Fund scheme.

In its warning to the general public, the government maintained that the amount granted to beneficiaries remains N 30,000 and N 50,000 for payroll support; 30,000 N for subsidies to craftsmen and transport; 50,000 naira for general subsidy to MSMEs; and 100,000 N per MSME for the guaranteed direct debit stimulus program.

This disclosure is contained in a statement released by the program’s Project Delivery Office (PDO) on Saturday in Abuja in which it said the news of such a payment was the work of fraudsters seeking to scam members of the public without mistrust.

What the PDO says about the program in the statement

According to NAN, the PDO in the statement pointed out that the steering committee of the MSME survival fund and the guaranteed start-up stimulus program led by the Minister of State, Industry, Trade and Investment, Amb. Maryam Katagum, was not aware of the fraudulent collection of account details.

The statement reads as follows: “The attention of the steering committee of the MSME Survival Fund and Guaranteed Stop Stimulus Program has been drawn to an ongoing fraudulent campaign on social media asking individuals to deposit their account details on a platform WhatsApp to access 80,000 N as allowances in the context of payroll support. scheme.

“The notice asking the public or individuals to disclose their account details on a WhatsApp platform is fraudulent and should be ignored by everyone, as this message is not from the program’s project delivery office.

“The procedure for implementing all tracks of the Survival Fund and Guaranteed Stimulus Plan does not require the public display of account details to individuals or groups.

“It is also relevant to note that under no track of the scheme, beneficiaries receive the sum of 80,000 naira, either in installments or in full.

“The amount granted to beneficiaries remains N 30,000 and N 50,000 for payroll support; 30,000 N for subsidies to craftsmen and transport; 50,000 naira for general subsidy to MSMEs; and 100,000 N per MSME for the guaranteed direct debit stimulus program.

“The steering committee wishes to state that the purported program is not known to the government, therefore the general public is urged to disregard any message from any individual or group asking them to submit their account details.”

The statement further highlighted that the Steering Committee has established lines of communication with the general public and beneficiaries, including potentials, and will deploy them to provide updates to all stakeholders.

What you should know

The MSME Survival Fund, part of Nigeria’s $ 2.3 billion Economic Sustainability Plan stimulus package, was introduced by the federal government as part of efforts to help businesses overcome challenges posed by the Covid-19 pandemic.

The MSME Survival Fund program is a conditional grant intended to help vulnerable micro and small enterprises meet their salary obligations and safeguard jobs in the MSME sector. The program is expected to save at least 1.3 million jobs across the country and have a specific impact on more than 35,000 people per state.

Recall that in March 2021, the federal government warned unsuspecting members of the public, who wish to apply for the MSME Survival Fund, to beware of scam websites demanding account details, before giving applicants N50,000. .

About Christopher Easley

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