Top 11 New FG initiatives, official websites to apply
The Federal Government of Nigeria has rolled out various initiatives to improve its citizens’ socio-economic conditions. These programs target different sectors, providing opportunities for education, employment, entrepreneurship, and skill development.
Here’s a list of the top 11 initiatives and their official websites where you can apply.
1. Student Loan Scheme
The Nigerian Student Loan Scheme helps students in colleges and universities pay for their education. This program gives money to students to cover their school fees, housing, and books. Students can borrow this money at low interest rates and don’t have to start paying it back until they finish school. This means they can focus on learning without worrying about money. The government designed this program to be easy to use. Students don’t need to jump through hoops to apply, which makes going to college possible for all Nigerian students.
- Apply at: http://nelf.gov.ng
2. Compressed Natural Gas (CNG) Initiative
The Presidential CNG Initiative (Pi-CNG) is a component of the palliative intervention of the President Bola Ahmed Tinubu administration directed at providing succor to the masses occasioned by the transitive hardships of the fuel subsidy removal policy of the Federal Government of Nigeria.
- Apply at: https://pci.gov.ng
3. Consumer Credit Corporation
The Consumer Credit Corporation provides credit facilities to individuals and businesses to boost consumer purchasing power and stimulate economic growth.
The Nigerian Consumer Credit Corporation (CREDICORP) is a Development Finance Institution (DFI) of the Federal Government of Nigeria, established with one mandate: to democratise access to consumer credit for Nigeria’s working population. We achieve our mandate via three pillars:
I. Infrastructure: strengthening Nigeria’s consumer credit infrastructure, also ensuring every economically active citizen has a comprehensive credit score. This score becomes personal equity they build, facilitating access to consumer credit.
II. Capital: providing wholesale funding and credit guarantees to Financial Institutions committed to expanding consumer credit access today.
III. Cultural Re-orientation of the public (on responsible consumer credit as a pathway to a higher quality of life) and institutions (on effective consumer credit underwriting as a path to growth)
- Apply at: https://credicorp.ng
4. Digital and Creative Enterprises (iDiCE) Program
The Investment in Digital and Creative Enterprises Program (iDICE) is a Federal Government of Nigeria initiative promoting investment in digital and creative industries. It is part of Nigeria’s efforts to build back better, greener, and more inclusively,and to create more sustainable jobs for its youthful population.
The $617.7 million program targets Nigerians aged 15 to 35 years who are involved in innovative, early-stage, technology-enabled start-ups or in creative sector micro, small and medium sized enterprises. The program is co-financed by the Federal Government of Nigeria (through the Bank of Industry), African Development Bank (AfDB), the Agence Française de Développement (AFD) and the Islamic Development Bank (IsDB).
- Apply at: https://boi.ng/iDiCE
5. Skill-Up Artisans Programme (SUPA)
SUPA aims to enhance the skills of artisans across Nigeria, enabling them to improve their craft and increase their income. The program provides training and certification in various trades.
- Apply at: https://SUPA.itf.gov.ng
6. Nigerian Youth Academy (NIYA)
NIYA is a platform for youth development, offering training, mentorship, and leadership programs to young Nigerians. It seeks to empower the next generation of leaders.
- Apply at: https://NIYA.ng
7. National Youth Talent Export Programme (NATEP)
NATEP is an initiative that identifies and supports young talents in various fields, helping them to reach international markets. It provides funding, training, and exposure to global opportunities.
- Apply at: http://natep.gov.ng
8. Micro and Small Business Loans
This program provides loans to micro and small businesses across Nigeria, aiming to stimulate entrepreneurship and economic growth at the grassroots level.
- Apply at: https://boi.ng/micro-business
9. Housing Initiatives
The FG’s Housing Initiatives are designed to provide affordable housing solutions for Nigerians. The program includes various schemes, such as mortgage assistance and public housing projects.
- Apply at: http://fha.gov.ng/ongoing-projects
10. NDDC Internship Scheme
The NDDC Internship Scheme offers young graduates the opportunity to gain hands-on experience in various industries. The program is aimed at improving employability and reducing unemployment.
- Apply at: https://nyis.nddc.gov.ng
11. Nano-Business Support
This initiative provides financial and technical support to nano-businesses, which are typically small, informal enterprises. It aims to help these businesses grow and become more sustainable.
- Apply at: https://www.fedgrantandloan.gov.ng/
These initiatives represent the FG’s commitment to driving development and creating opportunities for Nigerians. By applying through the official websites, you can take advantage of these programs to improve your personal and professional life.
