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FG Commences Distribution of N200 Billion Palliative Loans Nationwide

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Information reaching us at the Nyscinfo is that the Federal Ministry of Industry, Trade, and Investment has begun the distribution of N200 billion in palliative loans under the auspices of the Presidential Conditional Grant Scheme. This significant move aims to bolster support for manufacturers and businesses nationwide.

Announced by Trade Minister, Doris Aniete, the government, in collaboration with the Bank of Industry, has outlined three distinct categories of funding to facilitate economic recovery and resilience.

In a statement released on Tuesday, April 16, 2024, Minister Aniete revealed that the disbursement process has already begun, with several beneficiaries having received their allocations.

This strategic initiative is poised to inject vitality into the commercial landscape, fostering growth and stability amidst prevailing economic challenges. Stay tuned for further updates on this developing story.

19 Comments

19 Comments

  1. Daniel Nyor Kukwa

    June 29, 2024 at 19:22

    I really need this grant I have never gotten any since this issuance of grant for years now please help. my details Opay, account number 7034509325 Daniel Kukwa

  2. Emmanuel Abala

    June 12, 2024 at 22:29

    av applied though yet to receive should I reapply again?

  3. Mohammed kabiru shuaibu

    June 6, 2024 at 01:02

    l have not received

  4. Ekunke Friday

    April 28, 2024 at 06:42

    I haven’t received anything yet and I did my verification successfully

  5. Ordue

    April 24, 2024 at 00:20

    yes am interested

  6. Segun jaiyeola abdulai

    April 23, 2024 at 22:53

    please I need it’s to develop my business

  7. jamiu muinat

    April 21, 2024 at 21:53

    please i need this grant for a business

  8. Ordue kashimana pamela

    April 20, 2024 at 20:08

    I really need the parliative sir

  9. Ordue kashimana pamela

    April 20, 2024 at 20:04

    we really need help

  10. Ezekiel

    April 20, 2024 at 09:41

    i have not seen seriously I am just hearing the flying news.

    may God help us

  11. Abdullahi Aminu Muhammad

    April 19, 2024 at 22:35

    I haven’t received mine and I did the verification process

  12. EZEORJI NNENNA

    April 17, 2024 at 23:56

    Please sir, send me the link to FG palliative loan l want to apply for it

  13. Chimezie augustina chimuanya

    April 17, 2024 at 21:20

    please, planning to expand my work force if my request granted.in order increase turnover

  14. Adelowokan Pelumi

    April 17, 2024 at 20:39

    no have not received any alert

  15. Ejura patience apeh

    April 17, 2024 at 17:44

    please I need this grant for my business.

  16. Ejura patience apeh

    April 17, 2024 at 17:43

    please I need this grant for my business

  17. Jamilu

    April 17, 2024 at 10:11

    We really need help

    • Radiat

      April 20, 2024 at 21:31

      I have not received any grant

  18. Jamilu

    April 17, 2024 at 10:10

    We really appreciate mir president may Allah bless Nigeria

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