N75billion MSME Survival Fund: FG Warn Applicants Against Fraudulent Websites

N75billion MSME Fund: FG Warn Applicants Against Fraudulent Websites


Federal Government of Nigeria has warned the public, who wish to apply for the MSME Survival Fund to beware of fraudulent websites demanding account details, before giving applicants N50,000.

Finance Naija gathered from Punch that the disclosure is contained in a press statement that was issued in Calabar by the Project Delivery Office (the Coordinating office of the scheme) under the Federal Ministry of Industry, Trade and Investment, and titled ‘Portal requesting for beneficiaries account details to get N50, 000 not known to us.’

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The PDO is coordinated by the SA to the President on MSMEs, Office of the Vice President, Tola Johnson.


However, the statement by The Ministry reads;

Our attention has been drawn to the activities of fraudsters parading themselves as operators of the Federal Government’s Survival Fund Scheme.

“The syndicate operating a fraudulent portal with the link https://survivalfund-gov-ng.freefunds.xyz/#1609249530133(https://bit.ly/FG-survival-fund) are asking unsuspecting members of the public to check their eligibility for the scheme by providing their account details on the portal in order to be paid N50, 000 grant under the Survival Fund Scheme.

“It is pertinent to note that the Project Delivery Office (the coordinating office of the scheme) does not operate any such portal and beneficiaries do not require to go to the website to verify their eligibility for the federal government’s Survival Fund as indicated on the fraudulent portal.

The website requesting beneficiaries account details is, therefore, a scam. The PDO does not operate any such portal and wishes to advise all Nigerians and beneficiaries of the different tracks of the survival fund to be wary and desist from having dealings with the operators of the site.

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The Ministry pointed out that the authentic MSME survival fund portal remained www.survivalfund.gov.ng and the PDO would always inform members of the public on updates about the scheme whenever it was necessary.

If you are yet apply for MSME Survival fund then you can apply here.



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Ahmmed Adekunle Aleem well known as SIR 3PU (Sir Triple) is a Personal Finance and Music Blogger. He's a Content Editor at Wiseloaded & Financenaija. If he's not online, then he's playing Video Game or watching Manchester United's match

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