Federal Government Grant Disbursement Ends On Friday May 31st
The federal government grant final disbursement will be made this week and all federal government grant will hit its maximum 1290 nano business per local government come Friday 31st May. Applicants yet to receive the federal government grant are to exercise patience while applicants invited for data capturing at their local government should please proceed to their local government areas as instructed in the text message.
According to the Minister for Industry, Trade and Investment Doris Nkiruka Uzoka-Anite the federal government grant is a non repayable grant and the loan amount is ₦50,000 which will be disbursed to 1 million nano business in all 774 local government areas nationwide. Beneficiaries and even applicants can check the status of their federal government grant by using the federal government grant portal. After the federal government grant disbursement is concluded on Friday, the federal government will commence the processing and subsequent disbursement of the federal government loan. Applicants for the federal government loan should kindly note that the federal government loan is not a federal government grant and will be repaid at the expiration of the federal government loan, the federal government loan amount is ₦1,000,000 and application is ongoing, applicants must have CAC and other supporting documents to apply for the federal government loan.
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