FG Activates N50,000 Grants and Palliative Loan Portal: Apply Before December 12th

FG Activates N50,000 Grants and Palliative Loan Portal: Apply Before December 12th

FG Activates N50,000 Grants and Palliative Loan Portal: Apply Now,get registered before December 12th Deadline

The Federal Government of Nigeria has successfully resolved technical glitches on the application portal for the groundbreaking N50,000 Presidential Conditional Grant and Palliative Loan Scheme. Those encountering challenges due to missing state information can now confidently proceed with their applications.

Access the Application Portal

To apply, visit the user-friendly Portal directly at https://grant.fedgrantandloan.gov.ng/apply. Unlike the loan portal, this interface streamlines the application process, eliminating the need for account creation and login.

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 established in collaboration with stakeholders.

    Timelines: Commencing on October 10, 2023, with planned durations for planning, communication, verification,the fund disbursement will start from December 12, 2023.

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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: Visit https://grant.fedgrantandloan.gov.ng/apply

    For the palliative loan scheme:Visit 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:

    Scheduled to commence on October 10, 2023, with a 6-week planning phase.

    A continuous call for entries.

    Revolving fund disbursement from December 5, 2023.

    Repayments will begin from June 5, 2024.

Seize this opportunity for financial support and empowerment. The application deadline is December 12, 2023. If you are in need for urgent funds, do not hesitate to Apply now for the FG N50,000 Grants and Palliative Loan before it’s too late!