Federal Government Grant, Federal Government Loan And Conditional Cash Transfer

The federal government grant sum is ₦50,000 and the federal government grant is not repayable, the federal government grant is still ongoing until the 1290 per local government and the 1,000,000 households are captured, applicants yet to receive their federal government grant are advised to exercise patience as the federal government grant disbursement has not been concluded yet.

Regarding the federal government loan, the federal government loan disbursement has not commenced yet and the federal government loan application is still ongoing, the requirements for the federal government loan application is that a business must be registered under the Corporate Affairs Commission (CAC) or Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) the federal government loan maximum amount is ₦1,000,000, the federal government loan is not federal government grant and will be repaid with interest and not 'free money' as some applicants claim.

Finally regarding the conditional cash transfer, the conditional cash transfer is ongoing in some states but yet to commence in other states across the federation, the conditional cash transfer application will not be done online, but through the state cash transfer office and the enrollment officers for a particular state, beneficiaries that qualify for the conditional cash transfer will be receiving ₦25,000 which will be paid three times for three months respectively making a total of ₦75,000.