Presidential Palliative Grant & Loan Disbursement Update 2024

Presidential Palliative Grant & Loan Disbursement Update 2024: The federal government grant and loan schemes including the Presidential Conditional Grant Scheme PCGS and the Presidential Palliative Programs may have already begun massive disbursement of grant and loan funds to qualified beneficiaries

News reaching us has confirmed that the Federal Government grant PCGS payments are being initiated for the second batch of payment, disbursement is massively ongoing, and only nin verified candidates will be credited

This is coming at a time, when applicants of the FGLoanGrant PCGS are worried and waiting endlessly for payment, the management of the FGLoanGrant PCGS has cleared the air, assuring 1mliion applicant of getting their pay before June runs to an end According to PCGS management, disbursement has commenced and will span through August 2024, all verified applicants will get credited in no distant

According to the loan management program coordinator, applicants for the grant program are expected to start getting their bank alert 2 weeks from applications. to this end, the BVN number and NIN number of applicants for the grant are to be updated

If you applied for the Presidential Conditional Grant Scheme PCGS, wait no further to do the NIN, BVN update, these are the major requirements that determine who gets the grant, use the link here to update your NIN and BVN https://grant.fedgrantandloan.gov.ng/auth/nin/register

The Presidential Conditional Grant Scheme PCGS will give N50,000 each to 1 million Nigerians without collateral, it is free, and applicants are not to request more than N50,000 in this scenario

More so, the Presidential Palliative loan program is a free interest loan that will give Nigerians the much-needed funds to expand their business to contribute significantly to the economy

Presidential Conditional Grant & loan Shortlisted Beneficiaries

To know if you are shortlisted to benefit from the Presidential Conditional Grant & loan Schemes, check your shortlisting status by logging into your profile below and proceed to update your account details as instructed below;

>Presidential Palliative Programs Final List of Candidates | PDF Download

>Presidential Conditional Grant Scheme PCGS Shortlisted Candidates| PDF

Disbursement will be done by your bank within two 2 weeks if you meet the eligibility criteria.

Facts about the Presidential Conditional Grant & Loan Schemes

The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary, and it is designed to reach one million nano businesses in the 774 local government areas.

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

N50b Grants is for Nano Businesses, which will be paid in three 3 Months, including 6 weeks of planning, 3 weeks of official communication, 6 weeks of verification, and continuous fund disbursement from 12th Dec 2023.

N75b Loans for MSMEs and Manufacturers including 6 weeks planning, continuous call to entry, revolving fund disbursement from 13th Dec 2023, repayments starting 5th June 2024.

The Federal Government collaborated with the State Governments, Honorable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members, who have used the Federal Government’s selection criteria below to shortlist the beneficiaries from their constituents.

>Presidential Palliative Programs Final List of Candidates | PDF Download

>Link to Apply for Presidential Palliative Programs N75B Loan | fedgrantandloan.gov.ng

>Apply for Free Government Empowerment Programs 2024/2025

>Apply For FG Grant Form 2024 Disbursed Via CBN & World Bank (N2M)

>FG Grant for 2024/2025 Disbursed By CBN/World Bank- Application Form

>How to Access FGN ALAT Program Learning Portal| fgnalat.getfundedafrica.com/portal

>N-power 9 Months Stipend: PDF List of Shortlisted Beneficiaries to Be Paid