Here we will provide a link to update Presidential Conditional Grant NIN and what to do next. Presidential Conditional Grant Scheme PCGS have started receiving invitations for the data capturing exercise. And that the data capturing conduct requires the BVN number and NIN number of applicants for the grant.
So if you applied for the Presidential conditional Grant Scheme, we advise you to update your NIN number via this link https://grant.fedgrantandloan.gov.ng/auth/nin/register because according to the PCGS management, NIN is a major requirement for the Federal Government Grants Scheme.
Applicants, who already filled the form, should update their NIN by clicking the link above as Applications for Grants is currently closed.
The Federal Government will be providing the sum of N50,000.00 (Fifty Thousand Naira) grant per eligible beneficiary, and it is designed to reach one million nano businesses in the 774 local government areas in Nigeria.
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.
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The Federal Government is collaborating 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.
Selection Criteria for Presidential Conditional Grant Payment
Owned a nano business.
- Operated a business with progressive economic potential and a desire to grow.
- Were willing to engage at least one additional staff member
- Were willing to provide proof of residential/business address in the Local Government Area.
- Provided relevant personal and bank account information, including National Identification Number (NIN) Bank Verification, (BVN) for verification of identity
- Met the application submission deadline, which was 18th December 2023
very informative..thanks