The Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment, is rolling out two impactful initiatives – the Presidential Conditional Grant Program and the Presidential Palliative Loan Program.
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Loan Amount:
MSMEs & manufacturers will access loans up to N1Million & N1Billion respectively.
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Target Sector For The Scheme:
1. Trader
2. Transportation
3. Food Services
4. ICT
5. Creatives
6. Artisans
Grant Amount:
Nano businesses will receive an N50,000 grant, while MSMEs & manufacturers will access loans up to N1 Million & N1Billion respectively.
Application Closing Date:
31st December 2023
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How to apply:
Interested and qualified applicants should click the link
These program aim to alleviate the effects of the fuel subsidy removals