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Good News! 50k Presidential Conditional Grant Disbursement…

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How to Apply for the Presidential Palliative Loan Scheme 2023 - Get Up To N1 Million-N1 Billion

Nigerians smile as Fifty Thousand Naira Presidential grant disbursement begins. If you are among those who applied for the just concluded Presidential Conditional grant, then you might be among the lucky persons to receive the N50k grant.

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.

How to check if you are among the beneficiaries?


If you applied for the Grant, go to: https://grant.fedgrantandloan.gov.ng/learn-more/disbursement

If you applied for the Loan, go to: https://loan.fedgrantandloan.gov.ng/

We will inform you of any latest updates, kindly visit regularly to see updates that matter to you.



Bernard Bassey is a graduate of Software Engineering from AfriHUB University, Abuja. He is an expert in field journalism, his interest in socio-politics activities is keen.

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