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Dedicated Hotlines Released for BOI Loan and Presidential Conditional Grant and Loan Scheme

Olusola Blessing by Olusola Blessing
November 9, 2024
in Business, News
0
Dedicated Hotline For FG BOI Loan And PCGS Application Inquiries
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In a recent tweet, Nigeria’s Minister of  State for Finance, Hon. Dr. Doris Nkiruka Uzoka-Anite, announced the launch of a dedicated hotline for inquiries related to the Federal Government’s Presidential Conditional Grant and Loan Scheme (PCGS). This initiative aims to provide support and clarify questions for Nigerians applying to the grant and loan program.

The Minister highlighted that the Bank of Industry (BOI) has been actively disbursing funds and contacting applicants for additional information since last month. The PCGS was introduced to cushion the economic impact of fuel subsidy removal by providing a grant of N50,000 to one million nano businesses across the 774 local government areas of Nigeria.

For application inquiries, applicants are advised to visit their nearest BOI office or call the dedicated hotline at +234 (0) 700 055 1111. This support line aims to enhance access to information and ensure the smooth continuation of this impactful scheme.

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