Federal Government Grant 2024/2025 application portal Login is https://grant.fedgrantandloan.gov.ng and the Federal Government Grant registration form is out. Read the requirements and how to apply and be a part of the programme beneficiaries here.
This article will guide you on N50,000 Federal Government Grant application, how to register, and the requirements. Now before you Login to portal, make sure you read everything you need to know about the FG grant scheme. it is necessary for you to have sufficient knowledge about what you are applying for.
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 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.
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.
Eligible Applications which meet the selection criteria will be shortlisted
I believe you are learning alot about Federal Government Grant so far, we have given you the most part of the information about the Presidential Grant, now be informed that this programme is sponsored by the Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment.
How to Apply / Register for Federal Government Grant
To apply for the Federal Government Grant, just visit https://grant.fedgrantandloan.gov.ng/ and click on apply for grant. Sign up with your personal and business information. Also, you should know that Presidential Grant Application is free on the portal.
Federal Government Grant closing date for the portal will be announced soon. As we stated earlier, Presidential Grant 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 the disbursement will commence, we will ensure we keep you updated on time.