Presidential Palliative Grant & Loan Open – Apply Today @ www.fedgrantandloan.gov.ng!
Good News: FG Opens Portal For Presidential Palliative Program Grant and Loan For Nigeria SMEs (N50,000.00 Grant to 1million Businesses and 75bn loans)
The Presidential Conditional Grant Scheme(PCGS) Progamme 2023/2024 Application portal has been activated. This article contains steps to access the PCGS loan and also provide information on eligibility that one must meet before they can be granted access to the loan.
About The Scheme:
The Presidential Conditional Grant aims to support a million Nano businesses across 774 local government areas in Nigeria. Each beneficiary stands to receive a grant of ₦50,000. The program is strategically designed, with a focus on empowering 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the rest will be distributed among other demographics.
Targeted Sectors: The scheme has its sights set on various sectors critical to the nation’s economic fabric, including:
- Traders
- Food Services
- ICT
- Transportation
- Creatives
- Artisans
Survival Fund Registration Portal: For seamless access, applicants can navigate to the Survival Fund Registration Portal.
Requirements for Application: Before diving into the application process, ensure you have the following prerequisites:
- A business that adds value to the economy.
- A business phone number for communication.
- An active bank account.
- A Bank Verification Number (BVN).
How to Apply for the Grant: Follow these straightforward steps to apply for the grant:
- Visit the official application portal at grant.fedgrantandloan.gov.ng/apply.
- Complete the form with accurate information.
- Click the “Submit Request” button to proceed.
Don’t miss out on this opportunity to secure financial support for your business. Act now by visiting the official portal and submitting your application. Empower your SME journey with the Presidential Palliative Program.