The Nigerian federal government’s Presidential Conditional Grant Scheme (PCGS) will aid small-scale business owners, ICT, and traders with loans and grants ranging from 50,000 naira.
The benefit of the N50,000.00 (fifty thousand naira) grant is to support one million nanobusinesses across the 774 local government areas. The grant amount is per beneficiary.
The scheduled 2024 census will take place, the Senate tells Nigerians.
The Federal Government will work with the State Governments, House of Representatives Members, Senators, Honorable Ministers, and NASME (Nigerian Association of Small and Medium Enterprises) to shortlist the beneficiaries from their constituents using the Federal Government’s selection criteria below.
The target beneficiaries are divided as follows: 15% go to other demographics, 10% go to individuals with disabilities, 5% are elderly, and 70% are women and young people.
You must follow the requirements below before you qualify for a grant:presidential conditional grant scheme (pcgs)
- Have a small-scale or nanobusiness.
- Run a business with progressive economic potential.
- Be prepared to hire at least one more employee if turnover rises.
- Be prepared to substantiate a residential or commercial address inside the local government area.
- Give pertinent details about your identity and bank account, such as bank verification (BVN) for identity verification and your national identity number (NIN). Read More
