Presidential Conditional Grant / Palliative 75B Loan Portal is Out – Apply Here
With the link portal provided in this article, you would be able to register or apply for Presidential Conditional Grant / Loan exercise for all citizens as well as Presidential Palliative 75B Loan that is currently ongoing. Please read through to apply successfully and if you encounter any challenge, ask questions.
Presidential Conditional Grant Kickoff
The Federal Government of Nigeria has announced the kickoff of the Presidential Conditional Grant to Nano Businesses as part of the Presidential Palliative Program.
Grant Amount and Target Sectors
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.
Target Sector For The PCGS Scheme:
1. Trader
2. Transportation
3. Food Services
4. ICT
5. Creatives
6. Artisans
The Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment, is rolling out two impactful initiatives – the Presidential Conditional Grant Programme and the Presidential Palliative Loan Programme.
Loan Amount
MSMEs & manufacturers will access loans up to N1Million & N1Billion respectively.
How to Apply for Presidential Conditional Grant Scheme (PCGS) Loan/Grant
Grant Amount: Nano businesses will receive an N50,000 grant, while MSMEs & manufacturers will access loans up to N1 million & N1 Billion respectively. Interested and qualified applicants should apply.
How to Apply for Presidential Palliative Programme
Interested and qualified applicants should apply through the provided link. These programmes aim to alleviate the effects of the fuel subsidy removals
