Dedicated Hotline for FG Grant PCGS Application Inquiries
In recent news, Nigeria’s Minister of Industry, Trade, and Investment, Hon. (Dr.) Doris Nkiruka Uzoka-Anite, announced a dedicated hotline for inquiries related to the FG Grant and Loan under the Presidential Conditional Grant Scheme (PCGS). This initiative aims to provide applicants with reliable access to information on their application status and the disbursement process.
Key Details from the Minister’s Announcement
About the PCGS Program
The Presidential Conditional Grant Scheme was launched as part of the government’s effort to mitigate the economic impact of fuel subsidy removal. Here are some essential points about the program:
- Grant Amount: Each beneficiary receives a grant of N50,000.
- Target Beneficiaries: The scheme is designed to reach one million nano businesses across Nigeria’s 774 local government areas, focusing on supporting the smallest businesses in the most impacted communities.
Additional Updates
To stay updated on the latest disbursements, including information on the 225,407 unpaid beneficiaries currently awaiting payment, check announcements from the BOI or the Ministry of Industry, Trade, and Investment.