Presidential Conditional Grant Scheme Loan 2023/2024
The Federal Government of Nigeria is delighted to announce the kickoff of the Presidential Conditional Grant to Nano Businesses as part of the Presidential Palliative Program.
Presidential Conditional Grant Scheme (PCGS) Registration 2023
The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary, and it is designed to reach one million nano businesses in the 774 local government areas. The Federal Government will collaborate with the State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members, who will use the Federal Government’s selection criteria below to shortlist the beneficiaries from their constituents.
The target beneficiaries are 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the remaining 15% is distributed to other demographics.
The Target Sectors for the Scheme
Below are the business that are eligible to apply to the PCG scheme:
- Traders: These include single retail marketers, corner shop owners, petty traders, market men and women in open markets
- Food Services: These include food and vegetable Vendors
- ICT: These include business centre operators, battery chargers, recharge card vendors, call centre agents
- Transportation: These include wheelbarrow pushers, independent dispatch riders
- Creatives: These include makeup artists, fashion designers, drycleaners.
- Artisans: These include vulcanizers, shoemakers, painters, repairers.
Interested and qualified candidates should visit https://grant.fedgrantandloan.gov.ng/apply to apply for the Presidential Conditional Grant Scheme (PCGS).
For more information, visit https://grant.fedgrantandloan.gov.ng/
Application Deadline: 18th December, 2023
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