Within 48 hours a total of 174, 574 persons successfully registered for the N 75 bn National MSME Survival Fund and the Guaranteed Off- take Stimulus schemes under the Nigeria Economic Sustainability Plan, the Federal Government announced on Thursday .
Registration for the MSME Survival Funds commenced at 11 pm on Monday .
The schemes were introduced by the Federal Government to support individuals and businesses negatively affected by the COVID - 19 pandemic .
Minister of State for Industry , Trade and Investment , Mariam Katagum , told journalists in Abuja that “ as at 8 . 30 am this ( Thursday ) morning , total successful registrations stood at 174, 574. ”
She added , “ The following states have the highest applications as follows , Kano, 19 , 895; Kaduna , 13 , 575 ; Lagos , 13 , 640; Katsina: 8 , 383; Federal Capital Territory , 8 , 085 . ”
She stated that within the first 24 hours of opening the registration portal , approximately 138, 000 individuals logged on, created profiles and completed the first stage of registration .
Katagum said Kano, Kaduna and Lagos emerged the lead states .
According to her , all successful applicants received SMS and email verification with a list of requirements for the second stage of application which would commence on October 1 , 2020 .
“ Applicants will be required to upload details supporting their applications which will be verified and if successful , approved for disbursements , ” the minister stated .
On states that recorded the highest number of applications in the first 24 hours of registration , the minister said Kano recorded 16 , 880: Kaduna , 11 , 438; Lagos , 10 , 530; Katsina, 7 , 354; and Bauchi , 6 , 622.
Katagum said registration for other tracks would start next with hospitality industry coming on September 25 , 2020 by 10 am ; payroll support , September 28 , 2020 , 10 am ; while artisan/ transport grants begins on October 1 , 2020 .
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