Step-by-step Guide to Applying For FG’s Presidential Conditional Grant Scheme, Deadline in 6 Days
- The Nigerian government has set a deadline for the N50,000 Presidential Grant Scheme
- The scheme aims to aid nano businesses across the 774 local government areas
- Beneficiaries of the scheme will get N50,000 each as part of the Presidential Palliative
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
The Nigerian government recently announced the takeoff of the Presidential Conditional Grant Scheme to nano businesses across the country as part of the Presidential Palliative Programme.
According to the Nigerian government, the grant sum is about N50,000 per beneficiary and is designed to reach one million petty businesses nationwide in all 774 local government areas.
Source: Facebook
FG targets kiosk operators, vulcanizers, Wheelbarrow pushers, others
In an earlier report by Legit.ng, the Nigerian government earmarked N150 billion for nano businesses and the manufacturing sector across the country.
The federal government said it will partner with state governments, ministers, NASME, Senators, and House of Rep members, who will use unique selection criteria to shortlist beneficiaries.
The Guardian reports that the federal government stated that the target beneficiaries are women and youth, 10% of people with disabilities, and 5% of older men and women. In comparison, the remaining 15% will be distributed across other demographics.
Target areas and application deadline
- Traders
- Food Services
- Transportation
Qualified candidates are asked to apply using the link: https://grant.fedgrantandloan.gov.ng/apply
Applicants have also been directed to visit the portal at https://grant.fedgrantandloan.gov.ng/.
The application deadline has been set as Monday, December 18, 2023.
"Apply Now": FG to disburse N150bn to traders, and small businesses in 774 LGAs, sets eligibility
Legit.ng reported that The Nigerian government is set to start disbursement of N50,000 to small businesses in all the 774 local government areas in the country as part of efforts to ease the impact of subsidy removal.
The minister of industry, trade and investment, Doris Uzok-Anite, disclosed this.
She stated that the scheme consists of the Presidential Conditional Grant for Programme and the Presidential Palliative Loan Programme targeted at Manufacturers, SMEs, MSMEs, and businesses. Vanguard reports that the minister said the eligible businesses should be willing to provide proof of residential or business address in their local governments and other relevant documents.
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Source: Legit.ng
