Federal Government Grant and Loan Portal 2024 is now open for registration. Read the application requirements and how to login https://grant.fedgrantandloan.gov.ng and apply on the FG 50k grant website and be a part of the beneficiaries here.
Are you interested in applying for Federal Government Grant or Loan scheme 2024? If yes, then make sure you read everything in this article so that you can be fully equipped before you Login to the application portal.
The Federal Government of Nigeria is delighted to announce the kickoff of the Presidential Conditional Loan and Grant Scheme to Businesses in Nigeria (including Nano businesses) as part of the Presidential Palliative Program.
Federal Government Grant Amount
The grant amount 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 target beneficiaries are 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the remaining 15% is distributed to other demographics.
Business that are Eligible to Apply
1) Traders: These include single retail marketers, corner shop owners, petty traders, market men and women in open markets.
2) Food Services: These include food and vegetable Vendors.
3) ICT: These include business centre operators, battery chargers, recharge card vendors, call centre agents.
4) Transportation: These include wheelbarrow pushers, independent dispatch riders.
5) Creatives: These include makeup artists, fashion designers, drycleaners.
6) Artisans: These include vulcanizers, shoemakers, painters, repairers.
How to Apply / Register for Federal Government Grant and Loan
To apply for the Federal Government Grant, just visit https://grant.fedgrantandloan.gov.ng/ and click on apply for grantor loan. Sign up with your personal and business information.
NOTE:
Presidential Grant and Loan Application is free on the portal. Eligible applicants who meet the selection criteria will be shortlisted.
The deadline for the submission of Federal Government Grant and Loan application is not yet specified. As we stated earlier, Presidential Grant & Loan website is https://grant.fedgrantandloan.gov.ng/.
Federal Government Grant payment date will be announced to the general public soon. Once we get information regarding when next the disbursement will commence, we will ensure we keep you updated on time.