GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

2024 Presidential Grant and Conditional Loan | How to Apply

GoldenNewsNG by GoldenNewsNG
September 10, 2024
in Headline, LOAN & INVESTMENT
Reading Time: 2 mins read
FG Unveils Grants for Nigerian Entrepreneurs: Click Here to Apply 
1k
SHARES
Advertisements

2024 Presidential Grant and Conditional Loan | How to Apply

As part of the Presidential Palliative Program, the Presidential Grant and Loan Program welcomes business owners in Nigeria, including Nano businesses. This initiative prioritizes transparency and efficiency, ensuring swift disbursement of funds to deserving businesses. Leveraging cutting-edge technology, the entire process is accessible through smartphones and computers, allowing SMEs to apply from anywhere. Additionally, the program provides resources and training to empower SMEs with knowledge for effective fund management.

Program Details:

READ ALSO

NELFUND to Close 2024/2025 Loan portal, Set New date for applications

FG to Declare October 1 Public Holiday

  • Targeted Audience: Nano businesses, MSMES, and Manufacturers across 774 Local Governments in Nigeria.
  • Repayment Period:
    • 3 years for MSMEs
    • 1 year for working capital
    • 5 years for the purchase of machinery and equipment

Eligibility Requirements: The Presidential Grant and Loan Program welcomes applications from various business categories, including:

  • Traders: Single retail marketers, corner shop owners, petty traders, market men and women in open markets.
  • Food Services: Food and vegetable vendors.
  • ICT: Business center operators, battery chargers, recharge card vendors, call center agents.
  • Creatives: Makeup artists, fashion designers, dry cleaners.
  • Artisans: Vulcanizers, shoemakers, painters, repairers.

Benefits:

  • For Loan:
    • N75 billion allocated to businesses with up to N1 million for each beneficiary.
    • N75 billion allocated to manufacturers with up to N1 billion for each beneficiary.
  • For Grant:
    • One-time grant of N50,000 to businesses.

Required Documents: To apply, candidates must have the following documents ready:

  • Proof of residence or business.
  • Personal or bank details of the business.
  • Application requirements are subject to the bank’s risk assessment criteria.

How to Apply: Interested and qualified applicants can use the “CLICK HERE TO APPLY” button to complete the application process.

Best Wishes for Your Business Success!

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

Boat Accident: NIWA launches 12-Man Marshal team in Niger on safety measures

Next Post

SMEDAN Registration 2024 for Grants and Loan

Related Posts

NELFUND to Close 2024/2025 Loan portal, Set New date for applications

NELFUND to close 2024/2025 Loan portal

NELFUND to close 2024/2025 Loan portal, Set New date for applications   The Nigerian Education Loan Fund (NELFUND) has announced...

Read moreDetails

FG to Declare October 1 Public Holiday

October 1 Public Holiday

FG to Declare October 1 Public Holiday for Nigeria’s 65th Independence Anniversary The Federal Government is set to declare Tuesday,...

Read moreDetails

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins Nigerians may be facing another round of hardship as the nationwide...

Read moreDetails

FG Makes Thesis Submission to NERD Mandatory for NYSC Mobilisation

NYSC Mobilisation

FG has made Thesis Submission to NERD Mandatory for NYSC Mobilisation The Federal Government has approved a new policy mandating...

Read moreDetails

NNPC, NUPRC, NMDPRA Operations Shut as PENGASSAN Declares Nationwide Strike

PENGASSAN Strike

Nationwide PENGASSAN Strike Shuts Down NNPC, NUPRC, NMDPRA Operations Nationwide   GoldenNewsNg reports that the nationwide strike declared by the Petroleum...

Read moreDetails

EDIA Launches ₦100 Million Youth Empowerment Programme in Enugu

Youth Empowerment Programme in Enugu

EDIA Launches ₦100 Million Youth Empowerment Programme in Enugu The Ezeagu in Diaspora International Association (EDIA) has unveiled a ₦100...

Read moreDetails

NCDMB to Train 3,700 Nigerian Youths in Digital Skills for Oil and Gas Industry

NCDMB Digitalization Initiative

NCDMB to Train 3,700 Nigerian Youths in Digital Skills for Oil and Gas Industry The Nigerian Content Development and Monitoring...

Read moreDetails

Black Market Dollar to Naira Exchange Rate Today 29th Sept 2025

Black Market Dollar to Naira

Detailed report on Black Market Dollar to Naira Exchange Rate Today, Monday, 29th September 2025   GoldenNewsNg reports that the...

Read moreDetails

What the Law Says About Spraying Money in Nigeria – Penalties, Alternatives & CBN Act

Spraying Money in Nigeria

What the Law Says About Spraying Money in Nigeria Spraying money at weddings, birthdays, and other celebrations has become a...

Read moreDetails

World Bank to Approve $750m Loans for Nigeria

World Bank

World Bank to Approve $750m Loans for Nigeria on September 30 The World Bank is set to approve two loans...

Read moreDetails
Load More
Next Post
SMEDAN Registration Portal 2023/2024 for Loan Application

SMEDAN Registration 2024 for Grants and Loan

SEARCH ADS

Latest Posts

NELFUND to close 2024/2025 Loan portal
Education

NELFUND to Close 2024/2025 Loan portal, Set New date for applications

October 1 Public Holiday
Headline

FG to Declare October 1 Public Holiday

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins
business

Marketers Fear Fuel Price Hike as PENGASSAN Strike Begins

NYSC Mobilisation
Education

FG Makes Thesis Submission to NERD Mandatory for NYSC Mobilisation

PENGASSAN Strike
Headline

NNPC, NUPRC, NMDPRA Operations Shut as PENGASSAN Declares Nationwide Strike

Youth Empowerment Programme in Enugu
Headline

EDIA Launches ₦100 Million Youth Empowerment Programme in Enugu

NCDMB Digitalization Initiative
Headline

NCDMB to Train 3,700 Nigerian Youths in Digital Skills for Oil and Gas Industry

Black Market Dollar to Naira
business

Black Market Dollar to Naira Exchange Rate Today 29th Sept 2025

Spraying Money in Nigeria
Daily Guides

What the Law Says About Spraying Money in Nigeria – Penalties, Alternatives & CBN Act

World Bank
Headline

World Bank to Approve $750m Loans for Nigeria

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News