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MSME Survival fund: FG warns about fraudsters requesting account information.

December 12, 2022 By Amitverain Leave a Comment

Fraudsters may ask for your account information if you apply for the MSME Survival Fund, the FG warns.

Nigerians have been warned by the federal government to watch out for “fraudsters” who say they are giving out N80,000 from the micro, small, and medium enterprise (MSME) survival fund scheme.

The Nigerian Economic Sustainability Plan (NESP), which was made by a committee led by Vice President Yemi Osinbajo, includes the MSME Survival Fund Scheme.

NAN says that this is what Tola Johnson, coordinator of the scheme’s project delivery office (PDO), said in a statement on Monday.

He said that the news of such a payment was made up by thieves who wanted to steal from Nigerians who didn’t know what was going on.

“The MSME Survival Fund Scheme is a way for scammers to take money from people,” he said.

Johnson said that the survival fund scheme is over. He also said that the initial verification process did not require beneficiaries to give up their account information, as scammers are demanding in the ongoing scam.

“I want to let the public know that requests going around on social media and SMS for people to give their account information so they can get money from the Survival Fund Scheme are fake,” he said.

“So, people shouldn’t pay attention to these requests. The public is asked to remember that the only number for the Survival Fund Scheme that can be used for questions and information is 07004000500.

“The Scheme is also not giving out N80,000 or any other amount as a grant or loan to people or businesses, as the scammers have said.”

Johnson said that the committee in charge of the survival fund, which is led by Maryam Katagum, minister of state for industry, trade, and investment, has contacted law enforcement to find the fraudsters and bring them to justice.

He also said that the federal government would let the public know about how the survival fund plan would be used in the future through official channels set up by the steering committee.

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