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Presidential Conditional Grant Scheme (PCGS)

December 5, 2023 by legitportal Leave a Comment

Presidential Conditional Grant Scheme (PCGS). The Federal Government of Nigeria is delighted to announce the kickoff of the Presidential Conditional Loan and Grant Scheme to Businesses in Nigeria (including Nano businesses) as part of the Presidential Palliative Program.

Presidential Conditional Grant Scheme (PCGS)

Target Sectors for this Grant- Who can Apply for PCGS Grant?

  • Traders – These include single retail marketers, corner shop owners, petty traders, market men and women in open markets.
  • Food Services – These include food and vegetable Vendors
  • ICT – These include business centre operators, battery chargers, recharge card vendors, call centre agents.
  • Transportation – These include wheelbarrow pushers, independent dispatch riders.
  • Creatives – These include makeup artists, fashion designers, drycleaners.
  • Artisans – These include vulcanizers, shoemakers, painters, repairers.

50,000 Naira Presidential Conditional Grant Scheme

The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary. The grant 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.

Target beneficiaries

  1. 70% women and youth,
  2. 10% people with disabilities,
  3. and 5% senior citizens,
  4. 15% for other demographics.

How to Apply for Presidential Conditional Grant Scheme (PCGS)

You can now apply for the 50,000 Naira Presidential Conditional Grant Scheme today.

Go to – Detailed guide on How to Apply for the PCGS Grant Here

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