List of Federal Government Loans 2020 (See how to apply)

Are you a business man or women, searching for a loan opportunities in Nigeria? Are you Interested in the Federal Government loan initiatives for farmers, business men/women and households? If yes, you are on the right page. Here we will show you the full list of federal government loans for this 2020, and how you can apply for each of them.

Before that kindly note that some of the loans are interest-free while some are of low interest rate. The application process of the government loans listed here is completely free of charge.

List of Federal Government Loans 2020

Below is the list of federal government and Central Bank of Nigeria (CBN) loan;

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1. Central Bank of Nigeria (CBN) NIRSAL COVID-19 Loan

This is a government loan opportunity through CBN aimed at helping business owners and households in Nigeria to recover from the economic challenges caused by COVID-19 pandemic. Apply for this loan at https://nmfb.com.ng/covid-19-support

2. NYSC CBN Loan

This loan has been in existing for a while. It’s a loan initiative for ex-corps members and corps members to enable start up a business so they won’t depend on white collar job after their service year. Apply at https://www.yiedp-hbng.com

3. CBN AGSMEIS loan

The Agric, Small and Medium Enterprise Scheme is an initiative of the Central Bank of Nigeria to help agricultural related businesses in Nigeria. To apply for this loan click here.

SEE ALSO:  How to Apply for CBN AGSMEIS Loan in Nigeria (2020)

4. Npower GEEP loan

This loan was created for the outgoing N-power batch A and B beneficiaries to start up a business so they won’t go back to the street. Apply at npower.gov.ng/ or click here.

5. NHF loan from Federal Mortgage Bank of Nigeria

The National Housing Fund (NHF) loan is a federal government initiative to facilitate the provision of affordable housing for Nigerians. Click here for details on how to apply for this loan.

6. TraderMoni Loan

This free interest loan from the Federal government through the Government Enterprise and Empowerment Programme (GEEP), was created specifically for Nigerian petty traders and artisans. CIick here to apply.

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7. FarmerMoni loan

The Federal government in a bid to support and encourage petty farmers created this loan. This loan initiative is under the Government Enterprise and Empowerment Programme (GEEP). You can apply via Bank of Industry website at https://www.boi.ng/

8. MarketMoni loan

MarketMoni is a part GEEP. It is a federal government loan initiative created to offer financial help to business men and women. This loan is very similar to TraderMoni loan. You can apply for this loan at https://www.boi.ng/apply .

The Author

Humphery

Humphery is a seasoned internet entrepreneur and a life coach. He has been the Nyscinfo ambassador since 2017. He is knowledgeable enough to guide you. Keep following this website for updates, we love you!

17 Comments

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  1. Felix edem Sunday

    Please sir I loan to boost my farm

  2. Please sir/ma
    I’m an experienced barber seriously in need of a loan to start up my own shop. #700,000 is enough to start this bussiness but I’m finding it difficult to get a loan. Honestly I’ll be grateful if I’m considered. God bless you.

  3. Kindly I like business in order to booster my marketing so far.

  4. Please, I need a loan of 100,000 for foodstuff business. I am waiting for reply. Thanks.

  5. Good day Sir/Ma.
    Please I want to collect loan for my work, am a video editing and coevr event, i want sun of #500,000. Please how can I get it and how to pay it back. I will glady to hear from you.
    Thanks

  6. Emenike Agwu Okoro

    I need loan of #600,ooo to empower my business

  7. Nsisong Okon Ekpai

    Please I need a help of loan to start up my food production which I was trained, i have my pharmacy technician permit to place on

  8. Nsisong Okon Ekpai

    Please I need a help of loan i have my pharmacy technician permit to place on

    1. I need a loan I want extind my business 1000000

  9. Sir, I need a loan for my welding work shop.

  10. Good morning sir l need loan to get my Pamy electrical bues

  11. I need a loan 800 000

    1. Please I need a loan to start a business eg. Selling of food stuff and other items

  12. Pst Egwolo Choice ,O.

    What about those that were trained October 3rd and 4th 2019 at P T I conference center. We have submitted all needed documents since the month of December 2019. The certificate they gave us is called,SMEDAN by federal Republic of Nigeria.

  13. I want a loan for upgrade my business

  14. YOHANNA ZALI kuntha

    Dear,sir.I need loan amount 900,000

  15. Saidu Idris bagana

    Good morning sir I need loan to get my pam oil bues

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