In 2020, the world was struck with an unforeseen, unprecedented pandemic “COVID 19”. Its effects were drastic, lives were lost. The only solution at that point came at a cost, businesses had to shut down, employees were left jobless, many were left to fend for themselves and their families as they couldn’t step out of their homes for the fear of contracting this virus. But eventually Something had to be done, the citizens had to be taken care of, small businesses who couldn’t bear the effects of this pandemic had to be catered for.
With all these in mind, the Ministry of Trade, Industry, and Investment created the Survival Fund to help small and medium enterprises survive the ripple effects of COVID 19 on their business which was an initiative of the Special Advisor to the Vice President on Small and Medium Enterprises in Nigeria, Mr. Tola Adekunle.
Since the commencement of the project till date, over N10 Billion has been given out as Survival Funds to various…
Source: Linda Ikeji