News

FG Approves Survival Fund Payment For These Set Of Nigerians

FG Has Approved Survival Fund Payment For 155,000 transporters.

Truetells Nigeria reports that the Minister of State for Industry, Trade and Investment, Mariam Katagum, on Monday said since the enumeration of the first set of beneficiaries on January 17, 2021, a total of 155,920 beneficiaries in the transport track of the Federal Government’s Survival Fund have been approved for payment.

 

According to a statement by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, the minister disclosed this at two separate virtual interactive sessions Vice-President Yemi Osinbajo had with the beneficiaries.

 

The statement read, “The Minister of State for Industry, Trade and Investment, Mariam Katagum, said since the enumeration of the first set of beneficiaries on January 17, 2021, a total of 155,920 beneficiaries in the transport track have so far been approved for payment while 9,109 pending cases are being processed for payment.

“The minister added that the balance to be enumerated is about 19,689 but noted that only 22 per cent of female beneficiaries in the track were reached because of the peculiar nature of the transportation business.”

 

According to the statement, the minister noted that the education sector alone had about 850,000 applications during the one week the survival portal was reopened, compared to about half of the number when the portal was first opened for six weeks.

She was further quoted as saying that so far, 43 per cent of the Survival Fund beneficiaries were females.

TruetellsNigeria

Recent Posts

Mike Adenuga Is Alive!

Mike Adenuga, the wealthy Nigerian known for his far-reaching generosity, is alive. Insiders within his…

8 hours ago

BO Foundation (BOFIM) Supports Girls with Disabilities with Sanitary Pads

  BO Foundation for Inclusive Media (BOFIM), the Non-governmental Organisation (NGO) arm of BONews Service…

11 hours ago

Polaris Bank Champions Financial Literacy for Students in Commemoration of World Savings Day 2024

Polaris Bank concluded its nationwide financial literacy initiative with an impactful session at the MD/CEO’s…

14 hours ago

Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

Polaris Bank's commitment to digital innovation and excellence has once again been recognized, as the…

14 hours ago

Primetime Reporters Celebrates 10th Anniversary In Lagos December 4

  …Set to honour some deserving Nigerians Nigeria's leading online news platform, Primetime Reporters, will…

15 hours ago

FirstBank Hosts Inaugural China-Africa Interbank Association Forum

FirstBank, the premier West African financial institution and financial inclusion service provider has announced its…

17 hours ago