Presidential Conditional Grant Scheme Loan -
Presidential Palliative Loan Programme– The Federal Government of Nigeria is delighted to announce the kickoff of the Presidential Conditional Loan and Grant Scheme to Businesses in Nigeria (including Nano businesses) as part of the Presidential Palliative Program.
As stated earlier, the Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment, is rolling out two impactful initiatives – the Presidential Conditional Grant Programme and the Presidential Palliative Loan Programme.
READ – NMFB OBL Loan – OBL NMFB Loan Application Form Portal
Loan Amount:
MSMEs & manufacturers will access loans up to N1Million & N1Billion respectively.
These programmes aim to alleviate the effects of the fuel subsidy removals.
The Federal government via this scheme will be providing loans to MSMEs and Manufacturers in Nigeria worth Seventy Five Billion Naira. See details below to ensure you benefit from this government initiative.
Target Sector For The Scheme:
Eligible applications which meet the selection criteria will be shortlisted. https://loan.fedgrantandloan.gov.ng/ APPLICATION PORTAL
The deadline for Presidential Conditional Loan 2023/2024 is Monday, 18th December, 2023.
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