PCGS loan - Presidential Conditional Grant Scheme Loan FG
Register for N50, 000 Presidential Conditional Grant Scheme – The Federal Government recently announced the kickoff of the Presidential Conditional Grant Scheme (PCGS) to Nano Businesses across Nigeria as part of the Presidential Palliative Program.
Note that 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.
READ – Iyaloja Funds: FG Free Loan (₦50k – ₦1.5m Loan) – Submit your Iyaloja Application Now
Below are the business that are eligible to apply to the scheme
Interested and qualified persons should visit https://loan.fedgrantandloan.gov.ng/auth/loan-register to apply.
Loan Application Steps
For more information, visit https://loan.fedgrantandloan.gov.ng/
Application Closing Date: 31st December 2023.
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