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Nigerian Government Reopens Portal for Presidential Conditional Grant Scheme (Grants for 1million businesses in the 774 Local Government Areas)

MSME Africa by MSME Africa
April 8, 2024
in News, Opportunities
0
Nigerian Government Reopens Portal for Presidential Conditional Grant Scheme (Grants for 1millionbusinesses in the 774 Local Government Areas)
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The Federal Government of Nigeria has reopened the application portal for the  Presidential Conditional Grant to Nano Businesses as part of the Presidential Palliative Program.

About The Scheme

The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary, and it is designed to reach one million nano businesses in the 774 local government areas. 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 Federal Government’s 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.

Read more about the scheme and how tom apply HERE

Register and apply for the grant HERE

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