Npower News: Federal Government Grant Disbursement Continues This Week And In The Coming Weeks And Months

 

According to Npower News and to clear the air on whether the federal government grant disbursement is still ongoing, yes the federal government grant is ongoing and will continue in the coming weeks, according to the Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, only about 10% that is approximately 150,000 beneficiaries of the federal government grant have received the federal government grant out of 1,000,000 nano businesses in all 774 local governments. The minister pleaded with beneficiaries yet to receive the federal government grant to exercise patience as the federal government grant will continue in the coming weeks and even into the next weeks and months, the grant sum is ₦50,000.

According to Npower News only applicants that have verified their NIN and meet the eligibility criteria for the federal government grant will receive their federal government grant when it is disbursed in the coming weeks and months, applicants that fails to meet the NIN verification and eligibility criteria for the federal government grant will not receive the ₦50,000 grant sum, click here https://tinyurl.com/FederalGovGrant to see steps on how to complete the NIN verification process in order to receive the federal government grant.
According to Npower News, the federal government grant is not repayable and should be used to boost, develop or set up the nano business of the beneficiary of the federal government grant, the federal government grant is different from the federal government loan, the federal government loan is up to ₦1,000,000 and requires the individual to have CAC number, and the loan is repayable with interest, whereas the federal government grant do not require CAC and the grant is not repayable, the grant sum is ₦50,000.
In conclusion, according to Npower News, the NIN is an important requirement to getting the federal government grant, meeting the eligibility criteria is not enough to get the federal government grant, the NIN verification process is very essential, that was why messages were sent to applicants to complete their NIN verification process either directly or through the alternative methods.