FG N50,000 Grants and Palliative Loan Portal is Now Active: Apply Now
The Federal Government of Nigeria has successfully addressed technical issues on its application portal for the groundbreaking N50,000 Presidential Conditional Grant and Palliative Loan Scheme. Individuals facing problems due to missing state information in the application form can confidently proceed with the application process.
Access the application portal directly at https://grant.fedgrantandloan.gov.ng/apply, where a user-friendly interface simplifies the application process without the need for account creation and login, unlike the loan portal.
About the N50,000 Presidential Conditional Grant Scheme (PCGS):
- Grant Amount: Substantial grant per beneficiary.
- Target Sectors: Traders, Food Services, ICT, Transportation, Creatives, and Artisans.
- Selection Criteria: Specific criteria employed in collaboration with stakeholders.
- Timelines: Commencing on October 10, 2023, with planned durations for planning, communication, verification, and fund disbursement starting from December 12, 2023.
Presidential Palliative Programmes – Loans for MSMEs and Manufacturers:
- Transparent and Efficient: Swift disbursement to deserving businesses.
- Digital Transformation: Cutting-edge technology for accessible application processes.
- Financial Literacy: Resources and training for effective fund management.
Application Process:
- For the grant scheme: https://grant.fedgrantandloan.gov.ng/apply
- For the palliative loan scheme: https://loan.fedgrantandloan.gov.ng/auth/loan-register
- Already registered? Log in at https://loan.fedgrantandloan.gov.ng/auth/login
Key Timelines for N75 billion Loans for MSMEs and Manufacturers:
- Commencing on October 10, 2023, with a 6-week planning phase.
- Continuous call to entry.
- Revolving fund disbursement from December 5, 2023.
- Repayments beginning on June 5, 2024.
Act Now! The application deadline is December 12, 2023. Seize this opportunity for financial support and empowerment. Apply now for the FG N50,000 Grants and Palliative Loan before it’s too late!
