The Federal government of Nigeria has begun disbursment of N50,000 (Ffity Thousand Naira Grant) to small nano business owners across all 36 states of the federation.
The Grant which won’t be repayed is part of the Federal Government’s initiative to support individuals, particularly business owners across all Local government areas in the country.
The Presidential Conditional Grant Scheme (PCGS) aims to assist a minimum of one thousand beneficiaries per Local government area (LGA) across the country.
How To Apply For The Federal Government N50,000 Grant To Small Business Owners Across Nigeria
The application portal which is currently closed might be reopened according to various sources. However, for the time being, interested applicants should keep an eye on the federal government official website for more details.
The Federal Government will collaborate with the State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members, who will use the selection criteria below to shortlist the beneficiaries from their constituents.
The target beneficiaries are 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the remaining 15% is distributed to other demographics.
Eligible Critera For The Federal Government N50,000 Offer To Small Business Owners Across Nigeria
Individuals must own and operate a nano business in the country with valid POR (Proof of Resident)
- Provide relevant personal and bank account information, including Bank Verification, (BVN) for verification of identity
- Meet application submission deadline which is 2023-12-18 (Already Passed)
Interesting,hw can I apply
kindly follow the procedures outlined in the post
I Ahmad sulaiman haw to apply for the federal government 50.000 grand to smoll business owners across Nigeria
Hi Ahmad, please note that the Application portal is currently closed.