Federal Government Loan and Grant 2025/2026 ongoing loans – The Nigerian government has several different initiatives in place, that assist both small and large businesses with funds — although focus is placed on smaller businesses.
List of ongoing Federal Government of Nigeria Loan / Grants for 2025
Note that all application is free and you will not be asked to make any payment and no from this site will ask your for any payment or personal detail
1. AGSMEIS
Do you own a business or want to start a business? Agribusiness small and medium enterprises investment has been designed specifically by the federal government to promotes agricultural businesses of micro, small, medium enterprises(MSME).
AGSMEIS is a federal government intervention funding scheme through CBN that promotes Agric businesses as a vehicle for sustainable economic development and employment generation.Features
- ✔ Loan limit: N10Million(maximum)
- ✔ Interest Rate: 5% per annum
- ✔ Tenor: 7 years.
- ✔ Moratorium: Maximum of 18 months on Principal and 6 months on Interest
- ✔ Agricultural sector.
- ✔Real sector including Manufacturing, mining, and petrochemicals.
- ✔ Service sector including Information and Communication (ICT) and the Creative Industry.
- ✔ Other businesses as determined by the Central Bank of Nigeria (CBN).
- ✔ Duly completed application form.
- ✔ Bank Verification Number (BVN).
- ✔ Certificate of Training from recognized Entrepreneurship Development Institution (EDI) or evidence of membership of organized private sector
- ✔ Letter of Introduction from any of the following, Clergy, Village Head, District Head, Traditional Ruler, senior civil servant, etc. (for individuals/ micro enterprises only).
- ✔ Evidence of registration of business name or certificate of incorporation and filing of annual returns (where applicable) in compliance with the provisions of the Companies and Allied Matters Act (1990).
- ✔ Tax Identification Number (TIN) and current Tax Clearance Certificate TCC) where applicable.
- ✔ To qualify to access this fund, you need to have been trained by an Enterprise Development Institute after which you will fill the form. They will submit your form to CBN.
- ✔ CBN will ask banks to verify your account details and then CBN proceeds to conduct its own assessment
To Apply visit: https://www.ubagroup.com/
2. Development Bank of Nigeria
A Federal Government loan tailored to develop and support local entrepreneurs and empowering business owner. The Development Bank Of Nigeria Loan is a term funding and risk sharing facilities to offer support and empowerment to Micro, Small, and Medium Enterprise owners to drive developmental projects and economic growth.
- ✔ Term loan ( MSME): 153Million, Small corporate; 610Millon
- ✔ Working Capital (MSME): 61Million, Small corporate; 244Million
- ✔ Agriculture
- ✔ Manufacturing
- ✔ Building and construction
- ✔ Transportation
- ✔ Mining
- ✔Wholesale and retail
- ✔ Information and communication
- ✔ SME access to developmental funds.
- ✔Creation of employment
- ✔ Increase in SME productivity and output.
- ✔ Business must be fully registered with CAC.
- ✔ Evidence of business registration, business address, BVN of ownership
- ✔ Must be in business for a minimum of 24months.
- ✔ Business account must be domicile with UBA.
- ✔ Business office must be established. (preferably owned or lease)
To Apply visit: https://www.ubagroup.com/
3. NELFUND
The Student Loan initiative is a program established by the Federal Government of Nigeria to break financial barriers in higher education
Benefits of Student Loan Initiative
- A path to Educational Accessibility
Without Financial Hurdles - Interest-free loans for tuition fees
- Equal access to higher education for all eligible candidates.
- Reduced financial stress on students and families
To apply visit https://nelf.gov.ng/
4. FGN MSME Intervention Loan – Bank of Industry Loan/grants
Unlock Your Financial Potential with the FGN MSME Intervention Program – The Federal Government’s N75 Billion MSME Intervention Program is aimed at supporting Micro, Small, and Medium Enterprises (MSMEs) across the nation.
Tailored Loan Solutions for Your NeedsOur program is designed to empower Micro, Small, and Medium Enterprises (MSMEs) across Nigeria. Whether you’re looking to reduce production costs, create jobs, enhance agricultural productivity, or contribute to economic growth, this initiative is here to support you.
- Reduce Production Costs: Lower your operating expenses and increase profitability with our targeted support for MSMEs.
- Job Creation: Generate employment opportunities and contribute to a stronger, more resilient economy.
- Boost Agricultural Productivity: Invest in your agricultural ventures to maximize the potential of your land and increase food production.
- Support Business Growth :Fuel your entrepreneurial dreams with tailored business financing solutions that drive growth and innovation.
- Enhance Household Welfare:Improve the quality of life for families across the nation by boosting household income and welfare.
- Drive Economic Growth: Make a positive impact on Nigeria’s GDP and overall economic development through your business activities.
Applying for a loan with us is a breeze. Follow our step-by-step process and let us guide you through the journey to securing the financing you need.
- Submit Application: Fill out our online application form with the required information. visit https://fgnboimsmeinterventionloan.boi.ng/
- Document Verification:Provide the necessary documents to support your application.
- Loan Approval:Our team will review your application and provide a decision.
- Disbursement: Once approved, we’ll disburse the funds to your designated account.
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FGN MSME Intervention Loan Bank of Industry Loan grants
5. NHF Loan – National Housing Fund
Aims and Objectives of NHF Loan
- Mobilization of funds for the provision of affordable residential houses for Nigerians.
- Commercial and Merchant Banks to invest 10% of their loans and advances portfolio.
- Insurance Companies are mandated to invest 20% of non-life and 40% of life funds in the housing sector with 50% of these directly in the funds.
- Financial contributions of the Federal Government.
Funding
- Mandatory contribution of 2.5% of monthly income of Nigerians earning =N=3000 and above per annum.
- Commercial and Merchant Banks to invest 10% of their loans and advances portfolio.
- Insurance Companies are mandated to invest 20% of non-life and 40% of life funds in the housing sector with 50% of these directly in the funds.
- Financial contributions of the Federal Government.
Benefit of NHF Loan
- Housing loan of up to 90% of the cost of the house.
- Interest on loans remains fixed throughout the life of the mortgage at 6% p.a.
- Long period of repayment of up to 30 years.
- Contributions can serve as additional old age security.
- Up to N15 million can be borrowed.
- Refunds with 2% interest on retirement.
- Loan repayment is about the same as a typical monthly rent.
- Every contributor has: a lifetime registration number, a passbook for personal recording of contributions and the account statement.
Eligibility
- Registration via NHF 1 (employer) and NHF 2 (employee) forms.
- Deducted monthly contributions remitted to FMBN promptly (At least 6 months contributions should be made)
- Passbook to be updated by an employer and is transferable from one employment to the other.
- Yearly statement of cumulative contributions plus accrued interest
- Apply through any accredited Primary Mortgage Bank(PMB)
- Applicant must provide satisfactory evidence of regular income.
Documents required for refund of contribution
- Application letter requesting for refund of contribution.
- Letter of offer of appointment.
- Birth certificate or Declaration of age certificate.
- Completed NHF Contribution withdrawal forms.
- Bank Account details through which refund would be paid.
- Medical report of incapability to continue contributions due to failing health
- Letter of administration & Death Certificate (in case of a deceased contributor)
- Evidence of contribution. (Receipt for self-employed contributor)
- Biometric Verification Number (BVN)
To apply, visit https://www.fmbn.gov.ng
6. National Cash Transfer Programme
The National Cash Transfer Programme also known as Household Uplifting Programme (HUP) is one of the social safety nets programmes anchored by the Federal Government of Nigeria. The programme commenced in September, 2016. It was conceived as part of the Federal Government of Nigeria’s (FGN) larger growth and social inclusion strategies aimed at addressing key social concerns in the country.
It is a component of National Social Safety Nets Project (NASSP) which is supported by the World Bank, to provide financial support to targeted poor and vulnerable Nigerian households.
The programme is designed to deliver timely and accessible cash transfers to beneficiary households and sets to support development objectives and priorities, to achieve specific outcomes as outlined below:
- Improve household consumption.
- Increase in utilization of health and nutrition services.
- Improve school enrolment and attendance.
- Improve environmental sanitation and management.
- Encourage household financial and asset acquisition.
- Engage beneficiaries in sustainable livelihood.
The programme has 3 components which are as follows:
- Base Cash Transfer
- Top-Up based on State selected conditions and
- Livelihood support
To apply, visit https://ncto.gov.ng/
7. Federal Government Staff Housing Loans Board
To address the housing needs of its employees, the Federal Government of Nigeria in 1924 under the colonial administration established the “Africa Staff Housing Loans Scheme”, which was renamed the Federal Government Staff Housing Loans Board (FGSHLB) in 1974 by an enabling law No.6 of 1974 and No. 43 of 1977 as amended, now FGSHLB Act, CAP F. II, Laws of the Federation, 2004, to carry out the same function.
Step-by-step guide for the application of various types of loans on the FGSHLB website (www.fgshlb.gov.ng):
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Launch a browser of your choice.
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Type www.fgshlb.gov.ng in your browser. And follow the following steps:
Filling of Applicant’s Bio Data
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Click on “Apply Now” and you will be routed to the application portal.
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On the Login Page, you create an account by supplying your “Email Address” and “Password”, then click on “Register”.
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Click on “Download Documents” to download necessary documents that would be needed and later uploaded during your application process.
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Click on “Register”.
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Click on “Profile Update” to fill in your details on the display page and click on “Submit”.
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Click on “Next”.
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Click to choose between the options of “Ministry”, “Parastatal/Agency”, or “Military or Paramilitary”, to choose your appropriate MDA. Fill in your record of service on the page displayed, then click “Submit”.
Uploads of Documents
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Click on “Choose File” to select appropriate documents which should be in jpeg/jpg formats, then upload each document appropriately.
The documents are: Passport Photograph, Letter of First Appointment, Confirmation Letter/Gazette, Next of Kin, Current Payslip, ID Card, PENCOM PFA Letter, Change of Name (If Applicable)
Note: Each document to be uploaded should not be more than 300kbs in size.
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Click on “Next Page”
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Click on “Apply Now”
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Click to select the type of loan that you desire
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“Enter Amount” and click on “Next”.
Other Documents to be Uploaded
4. Upload the following documents:
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Letter of Introduction, Declaration/Affidavit/Certificate of Head of Department, Deed of Guarantor, Deed of Guarantor 1, Guarantors ID Card, Guarantor’s Confirmation of Appointment, Guarantor’s Passport, Last Promotion Letter, Document and Investigation Copy; Building Plan and Cost Estimate (for Building).
Note: Each document to be uploaded should not be more than 300kbs in size.
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Click on “Next”.
For the Option of Purchasing a Dwelling House
5. Choose and upload the following:
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“Offer Letter”.
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“Letter of Undertaken from Developer”.
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“Receipt of Payment of the difference between applicant’s loan entitlement and Cost of House” (If applicable).
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“Currently Payslip”.
6. Preview Profile and click on “Submit” to Submit to Desk Office.
Types of Loan
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Building;
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Purchasing;
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Renovation; and
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Special Loan Scheme for New Entrants.
8. Commercial Agriculture Credit Scheme
The Scheme is a special credit intervention fund of originally N200billion created by the Federal Government of Nigeria to fast track the development of the agricultural sector economy by providing credit facilities to commercial agricultural enterprises at a single digit interest rate.
The key agricultural commodities covered under the Scheme are:
- Production:
- Cash Crops: Cotton, Oil Palm, Fruit Trees. Rubber, Sugar Cane, Jatropha Curcas and Cocoa.
- Food Crops: Rice, Wheat, Cassava, Maize/Soya, Beans/Millet, Tomatoes and Vegetables
- Poultry: Broilers and Eggs Production
- Livestock: Meat, Dairy and Piggery
- Aquaculture: Fingerlings and Catfish
- Processing: Feed-mills Development, Threshing, Pulverisation and other forms of transmutation for value addition.
- Storage: Commodities, Agro-Chemicals and Warehousing.
- Farm Input Supplies: Fertilizers, Seeds/Seedlings, Breeder Stock, Feeds, Farm equipment & Machineries.
- Marketing: Agricultural commodities under the focal investment areas
Features
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Single digit interest rate (9% all-in, max).
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Single obligor limit of up to N2billion for medium and large scale private sector enterprises and N1billion for state governments.
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The participating private sector entity must have a minimum farm asset base of N50million (excluding farm land).
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Irrevocable Standing Payment Order (ISPO) is required in the case of State Governments.
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Fund available till 2025.
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Loan tenor of up to 5 years.
To apply, visit: https://www.firstbanknigeria.com/business/agriculture/commercial-agriculture-credit-scheme/
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