The Presidential Conditional Grant Application 2024/2025 Registration Guide is here. Before we proceed, it is important to highlight some of the things that we will be writing about right here on this page. The Presidential Conditional Grant is a programme introduced by the Federal Government of Nigeria to support MSMEs in the country. It was introduced by President Bola Ahmed Tinubu to support a lot of businesses, especially MSMEs.
It is also very important to note that the Guaranteed Offtake scheme is also one of the programmes under the Presidential Conditional Grant programme. Would you love to obtain the next Presidential Conditional Grant 2023 registration form? If yes, then take proper note of the information below.
About The Presidential Conditional Grant Programme
Presidential Conditional Grant programs support MSMEs through six programmes namely: Traders, Food Services, ICT, Transportation, Creatives, Artisans, and General Grants. The Payroll support is aimed at supporting 500,000 vulnerable MSMEs that pay their employees within the range of ₦30,000 to ₦50,000 and it would last for three months, while the formalization support aims to provide free CAC business name registration for more than 250,000 new businesses.
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 Federal Government will collaborate with the State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members, who will use the Federal Government’s selection criteria below to shortlist the beneficiaries from their constituents.
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.
Presidential Conditional Grant 2024 Key Timelines:
N50b Grants for Nano Businesses (3 Months)
- Start Date: 10th Oct 2023
- Duration: 6 weeks planning, 3 weeks official communication, 6 weeks verification, continuous fund disbursement from 12th Dec 2023.
N75b Loans: MSMEs and Manufacturers
- Start Date: 10th Oct 2023
- Duration: 6 weeks planning, continuous call to entry, revolving fund disbursement from 5th Dec 2023, repayments starting 5th June 2024.
Presidential Conditional Grant Scheme (PCGS) 2024 Activities
The Federal Government will collaborate with the State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members, who will use the Federal Government’s selection criteria below to shortlist the beneficiaries from their constituents.
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.
Check Also; Apply Now For 2024 Presidential Conditional Loan and Grant
How To Register On the Presidential Conditional Grant Portal
Before proceeding to the portal, you must know the programme you’re interested in, and we have talked about it above. Visit the portal at www.fedgrantandloan.gov.ng, and under the programme you’re interested in, click on the Register button below.
Updates: Both portals are inactive, meaning that another website might be used for the next exercise. Keep an eye on this page to know if there will be a change in the URL.
Once you are done creating an account, click on the Activate Account menu, and you will be redirected to another page where you will have to input the activation code from either your email address or phone number. Note that you will be unable to register if you have not yet activated your account.
Presidential Conditional Grant Registration 2024 Portal Login
The portal www.fedgrantandloan.gov.ng is where the application would be done; however, as of now, the portal is no longer being used. Once you click on the Register button, you will be immediately redirected to www.fedgrantandloan.gov.ng, which is also no longer in use as we speak.
Apply Now!
Eligible applications who meet the selection criteria will be shortlisted.
Latest Update On Presidential Conditional Grant Registration
The Presidential Conditional Grant Application 2024 Registration Portal has been activated, and online registration is currently ongoing. Both portals that were used during the previous registration will no longer be active once the registration is over.
If you have any questions, drop them in the comment section below. Also, share this article if you find it useful.
