FGN Reopens Portal for 50k Grant Scheme Third Phase - NAIJA STICK

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FGN Reopens Portal for 50k Grant Scheme Third Phase

May 9, 2024

FGN Reopens Portal for 50k Grant Scheme Third Phase

Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment has reopened the portal for the second phase of Presidential Conditional Grant Programme 2024.

Currently verification is ongoing for shortlisted applicants for the first phase of the program where applicants receive text message confirming their shortlist.

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.

How to Apply for Federal Government Conditional Grant Second Phase 2024

To apply, visit the portal below and fill all the necessary information.