• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, October 14, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

How To Apply For N50,000 Federal Govt Grants, Loans For Nano Business

by Pamela Ephraim
2 years ago
in News
Grant
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment, is rolling out two initiatives – the Presidential Conditional Grant Programme & the Presidential Palliative Loan Programme.

Advertisement

The minister of Industry, Trade and Investment, Dr Nkiruka Uzoka-Anite said the programmes aim to alleviate the effects of the fuel subsidy removal.

Nano businesses will receive N50,000 grant, while MSMEs and manufacturers will access loans up to N1 million and N1 billion respectively.

Advertisement

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.

Who Can Apply?

Businesses that fall into the six categories below can apply.

RELATED NEWS

IMF Urges Nigeria, Others To Strengthen Governance, Curb Illicit Financial Flows

Tinubu Mourns Renowned Unionist Abiodun Aremu

‘He Was A True Servant Of God, Humanity’, Tinubu Mourns Renowned Televangelist Uma Ukpai’s Passing

Qatar Foundation Backs Remi Tinubu’s Plan For Almajiri, Out-of-School Children

1. Traders
2. Food services
3. ICT
4. Transportation
5. Creatives (makeup artists, fashion designers and dry cleaners.)
6. Artisans (vulcanizers, shoemakers, painters, repairers).

Grant Eligibility Criteria

1. Own a nano business.
2. Operate a business with progressive economic potential, and desire to grow the business.
3. Be willing to engage at least one additional staff member if turnover increases
4. Be willing to provide proof of residential/business address in the Local Government Area
Provide relevant personal and bank account information, including Bank Verification
(BVN) for verification of identity
5. Meet the application submission deadline.

Eligible applicants should visit the website fedgrantandloan.gov.ng and click ‘apply for grant.’

Microsoft AZ-400: Practice Tests Dumps

Join Our WhatsApp Channel

SendShare23158Tweet14474Share

OTHER NEWS UPDATES

Nigeria Missed Gains Of High Oil Price – IMF
News

IMF Urges Nigeria, Others To Strengthen Governance, Curb Illicit Financial Flows

3 hours ago
Union Petitions Tinubu Over Appointment Of ASCON DG
News

Tinubu Mourns Renowned Unionist Abiodun Aremu

3 hours ago
Celebrating President Tinubu’s Remarkable Two Years In Office
News

‘He Was A True Servant Of God, Humanity’, Tinubu Mourns Renowned Televangelist Uma Ukpai’s Passing

3 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

IMF Urges Nigeria, Others To Strengthen Governance, Curb Illicit Financial Flows

3 hours ago

We’re Banking On Miracle To Qualify World Cup, Say Super Eagles Coach, Captain

3 hours ago

Tinubu Mourns Renowned Unionist Abiodun Aremu

3 hours ago

‘He Was A True Servant Of God, Humanity’, Tinubu Mourns Renowned Televangelist Uma Ukpai’s Passing

3 hours ago

Qatar Foundation Backs Remi Tinubu’s Plan For Almajiri, Out-of-School Children

3 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.