NG CARES Stimulus Programme Application 2021: The Nigeria COVID-19 recovery and economic stimulus (NG-CARES) programme is an intervention, designed to restore the livelihoods of all Nigerians poor and vulnerable Citizens, maintaining food security, and facilitating recovery of micro, small and medium business.
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The National COVID-19 Action Recovery and Economic Stimulus (NG CARES) will assist vulnerable Nigerians who were hit by the pandemic.
It is a multi-sectoral programme designed to provide immediate emergency relief to vulnerable and poor Nigerians, smallholder farmers, and small and medium enterprises that were adversely affected by the COVID-19 pandemic using the World Bank grant of $750m over a period of two years which is from 2021 2023″.
| SEE ALSO: More Nigerians To Benefit From CBN COVID-19 Loan, Set to Reopen Portal – FG |
Each state will receive the sum of $20 million over a period of two years while the FCT will get $5 million and the Federal Care Support gets $15 million with effect from June 30, 2021.
Target Businesses:
- Micro businesses (3 – 9 employees)
- mall businesses (10 – 50 employees)
Application Supporting documents:
- Proof of identification (NIN, Driving Licence, Voter’s Card. Etc.)
- Proof of residence (Utility Bills, Voters Card)
- Proof of age (NIN, Voter’s Card, Driving Licence)
- Proof of Bank Verification Number (BVN Printout duly stamped by the Bank)
| SEE ALSO: Access up to N25 Million with FG, CBN Credit Facility for COVID-19 |
How to Apply
The NG CARES is the federal government initiative with support from the World Bank to mitigate the effects of the COVID-19 pandemic. Interested applicants can apply through the NG Cares agents/enumerators in your communities or contact your community CDC Chairman, Women Leader, or Youth President for registration information.