fedgrantandloan

Presidential Conditional Grant Scheme (PCGS) 2024 – Apply Now

The Presidential Conditional Grant Scheme (PCGS) is a new program introduced by the federal government to grant ₦50,000 to any eligible beneficiary who applies through the FG grant portal 2023/2024.

A presidential palliative grant is 50k free money for Nano Businesses that are willing to grow their business in these challenging times after the subsidy removal.

Note: Eligible beneficiaries will receive a 50,000 naira cash transfer as a federal government grant to their bank accounts in early 2024.

Presidential Conditional Grant Scheme

The federal government has designed this program to reach one million nano-businesses in the 774 local government areas, and the money will reach any eligible beneficiary in early 2024.

Presidential Conditional Grant Scheme (PCGS) will target beneficiaries are 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the remaining 15% will be distributed to other demographics.

Any interested person will only apply through the Presidential Conditional Grant Scheme portal before the application closes.

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 FG 25000 Cash Transfer has started being disbursed to individuals who have already applied for the Conditional Cash Transfer program.

Presidential Conditional Grant Scheme (PCGS)
Presidential Conditional Grant Scheme (PCGS)

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