Presidential Palliative Program N75B Loan / How to Apply

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


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