319,755 Benefitted From FG’s Payroll Support Scheme – Presidential Aide

The Federal Government has so far supported 319,755 Nigerians under the Economic Sustainability Plan’s Survival Fund Payroll Support.

The next batch of beneficiaries under the scheme and the one-off General MSME Grant of N50,000 are expected to be paid this week.

The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, disclosed these in a statement.

The ESP approved by the Federal Executive Council on June 24, 2020 was developed by the Economic Sustainability Committee chaired by Vice-President Yemi Osinbajo to respond to the challenges posed by the COVID-19 pandemic.

According to Akande, the scheme is estimated to save not less than 1.3 million jobs across the country and specifically impact on over 35,000 individuals per state.

The General MSME Grant is a one-off grant of N50,000 that will be given to each qualified MSME as direct cash injection into their enterprise.

Akande said the total number of beneficiaries in this track was 100,000 spread across the states.

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