The Presidential Conditional Grant Scheme is now being disbursed to verified candidates, according to the Ministry of Industry, Trade and Investment, following a rigorous screening procedure.
Three financing categories totaling N200 billion will be disbursed by the government through the Bank of Industry to help manufacturers and enterprises around the nation.
An unspecified number of beneficiaries have received their grants, according to a progress report posted on the trade minister’s official X (formerly Twitter) handle on Tuesday.
Doris Aniete also stated that by Friday, April 19, a significant disbursement will be made to a substantial number of verified applicants.
She said, “We are pleased to inform you that the disbursement process for the Presidential Conditional Grant Programme has officially commenced. Some beneficiaries have already received their grants, marking the beginning of our phased disbursement strategy.”
“By Friday, 19th April 2024, a significant disbursement will be made to a substantial number of verified applicants. It is essential to understand that disbursements are ongoing, and not all applicants will receive their grants on this initial date. However, rest assured that all verified applicants will eventually receive their grants in subsequent phases.” [CONTINUE READING HERE]
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