NG-CARES Grant Latest Payment Update

NG-CARES Grant Latest Payment Update | 36 States & FCT

NG-CARES Grant Latest Payment Update | 36 States & FCT: This is to inform beneficiaries of the Nigeria covid-19 recovery and economic stimulus (NG-CARES) Grant program that, payment of the grant is massively ongoing in the 36 states and Abuja

Payment of grant money varies within states, beneficiaries are to waste no time in checking their names and follow further instructions on how to proceed with the grant requirements

Payment ongoing in the following state

If you have not checked your names, to determine your shortlisting status, check here Download NG-CARES Grant List of Shortlisted Candidates 2022/2023

For clarity, this program is designed to restore the livelihoods of all Nigerian’s poor and vulnerable Citizens, maintaining food security, and facilitating recovery of micro, small and medium business

Targeted Beneficiaries are Businesses owned by all States in Nigeria, especially youth and women-led businesses.

Target Businesses

Micro businesses (3-9 employees)

Small businesses (10-50 employees)

GRANT TYPE

Grant Sizes

1) Microcredit grant (Minimum N 100.000.00; Maximum N 500.000 00)

2) Small operational grant (Above N 500,000.00; Maximum N 2.500, 000.00)

Credit Grant For Existing Businesses:

This grant is expected to cover 40, of the number of new loans originated after March 1st 2020.

Operational Grant:

This is to fund working capital requirements of businesses

Supporting Documents

Proof of identification (NIN, Driver’s License, Voter’s Card. etc.)

Proof of residence (Utility Bills, Voters Card)

Proof of age (NIN, Voter’s Card, Driver’s License)

Proof of Bank Verification Number (BVN Printout duly stamped by the Bank)

Proof of business operations (Cash Book Register, Bank Statement etc.)

Proof of business ownership (CAC Registration Documents, TIN)

Download NG-CARES Grant List of Shortlisted Candidates 2022/2023

Full list here

>Download NG-CARES Grant List of Shortlisted Candidates 2022 |36 States

>FG Grant for 2022/2023 Disbursed By CBN/World Bank- Application Form

>Lagos State Grant 2023/2024 Disbursed By LSETF | (Up to N1Million)

NG-CARES Grant Latest Payment Update | 36 States & FCT