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  • News - South East - Enugu
  • Updated: August 02, 2022

South-East Beneficiaries Laud FG MSME Survival Fund

South-East Beneficiaries Laud FG MSME Survival Fund

Beneficiaries of the Medium, Small and Micro Entreprises (MSME) Survival Fund and Guaranteed Off-take Scheme in the South East have lauded the Federal Government for undertaking the business sustainability scheme after the COVID-19 pandemic lockdown.

The beneficiaries made this known on Tuesday in Enugu during the South-East MSME Survival Fund and the Guaranteed Off-Take Scheme Beneficiary Town Hall Meeting.

One of the beneficiaries of the scheme, Darlington Nnamani, said that the survival fund came timely when his commercial tricycle business came to halt due to an engine problem.

“It was devastating to me even as I had to go and start begging everyone in my neighbourhood in Awkunannaw in Enugu and also went to the house of my enemies but to no avail.

“After two days of looking for a solution, suddenly the alert of N30,000 came from the fund and that changed the story and today, the same tricycle is helping me to still fend for my family,” Nnamani said.

Veronica Eke, a Supermarket owner in Nsukka Road, said that the alert of N30,000 she received helped her to restock her shop as its products were expiring after a long period of locking up during the COVID-19 lockdown.

“The survival fund came timely as it resuscitated my shop as most of the products I stocked for sale started expiring and became unfit for human consumption.

"I thank the Federal Government for the intervention,” Eke said.

Another, Mazi Jude Udeani, an entrepreneur in Aba, Abia, said that the N50,000 alert helped him to keep production going and pay workers in his palm oil processing business.

“At a time, I was thinking on how to pay my workers due to insufficient funds and prolonged lockdown but the N50,000 came and I paid by workers and no one lost his job,” Udeani said.

Okechukwu Maduka, a trader in Ukpo community in Anambra, said that the N50,000 through the survival fund helped him to cope with the hardship of the COVID-19 lockdown.

 

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