Federal Government Loan Disbursement Date 2024 Update Today

By | August 20, 2024

Federal Government Loan Disbursement Date 2024 Latest update today. Read when is the expected loan disbursement date and how to check your FG loan disbursement status here.

Federal Government Loan Disbursement Date

The Federal Government of Nigeria has started approving the name of those shortlisted for the first batch of Loan disbursement.

Approval of candidates is ongoing and candidates are to login to Federal Government Loan dashboard portal to check for their status.

How to Login to Federal Government Loan Portal to Check your Status:

  1. Visit https://loan.fedgrantandloan.gov.ng/
  2. Login using your email and password you provided during the application
  3. Check your profile for approval status

NOTE:

  • IF YOU STATUS IS UPLOADED: It means verification on you details is ongoing.
  • IF YOUR STATUS IS VERIFIED: Verification has finished on your details waiting for the Approval inwhich soon they will contact you for next stage.
  • IF YOUR STATUS IS APPROVED: This means that your loan has been approved and the next stage is verification and disbursement of cash.
  • IF YOUR STATUS IS REJECTED: Your details did meet the criteria for the loan and they can not continue with your loan application.

For those who their status showing not verified, kindly exercise patience, next Phase your loan will be approved, because the target is N150bn, now only 700,000 are selected.

To apply for the Federal Government Loan, just visit https://grant.fedgrantandloan.gov.ng/ and click on apply for loan. Sign up with your personal and business information.

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