The Federal Government of Nigeria has unveiled the beneficiaries of the Presidential Conditional Grant Scheme (PCGS) allocated to Nano Businesses under the Presidential Palliative Program.
Here are the key details:
- Grant Sum: Each beneficiary is entitled to receive N50,000.00 (Fifty Thousand Naira). The program aims to reach one million nano businesses spread across the 774 local government areas.
- Collaboration: The Federal Government collaborated with State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members. These entities utilized the Federal Government’s selection criteria to shortlist beneficiaries from their respective constituencies.
- Target Demographics: The initiative prioritizes 70% women and youth, 10% people with disabilities, and 5% senior citizens. The remaining 15% is allocated to other demographic groups.
- List Accessibility: As per previous announcements, the comprehensive list of beneficiaries is available on the official portal for public scrutiny and confirmation.
Interested parties can access the list via the link provided: PCGS Beneficiaries List
Additional Information:
- Purpose: The list serves the purpose of enhancing transparency and accountability in the distribution of grants among various Nano Businesses.
- Scope: It encompasses beneficiaries who are proprietors of Nano businesses.
- Frequency: The list undergoes regular updates to incorporate new additions and reflect the evolving landscape of beneficiaries.
You can check names of the PCGS beneficiaries that are paid so far via this link: https://grant.fedgrantandloan.gov.ng/learn-more/disbursement