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NG Cares Application Portal – Apply Now!

NG cares is a Federal Government initiative to support Nigerians affected by Covid19 pandemic. It still stands for National Covid19 Action Recovery & Economic Stimulus. In order to support the initiative, the World Bank is the major supporter to the Federal Government of Nigeria, as they are using a grant known as the ‘World Bank Grant’ of seven hundred and fifty million US Dollars ($750,000,000) to immediately assist affected Nigerians who falls under the following categories;

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i. Small holders farmers affected by Covid19.

ii. Small and Medium Enterprise (SMEs) affected by Covid19.

This scheme will be active for a duration of two (2) years, i.e. 2021 to 2023. From 30th of June 2021, each States of the Federation will be given twenty million US Dollars ($20,000,000) for two years, apart from the FCT that will receive fifteen million US Dollars ($15,000,000), while another fifteen million US Dollars ($15,000,000) will go to the Federal Care support.

Expectations from targeted businesses

  1. Micro Businesses: Any micro business that wishes to be a beneficiary must have at least three to nine (3–9) employees/workers.

  2. Small Businesses: Any small scale business that would want to benefit from NG CARES must have at least ten to fifty (10–50) employees/workers.

Requirements

The following documents are required from Applicants;

  • BVN printout which must be stamped by the applicants bank,
  • Proof of Business Operations i.e Cash book, bank statement of account, etc,
  • CAC registration or TIN (To find out business ownership),
  • Evidence of accurate age (using Either Voters Card, NIN, or Driver’s license),
  • Means of Identification (Voters Card, NIN, or Driver’s license),
  • Means to confirm residence (Voter’s card or utility bill).
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How to Apply NG Cares Stimulus Program

The procedures to be followed in applying are very simple, as the application form has already being shared with the following persons;

  • Community CDC chairman.
  • Agents of NG CARES.
  • Community women leaders.
  • Community youth president.

For further enquiries: You can click here to read more on the world bank personal page.

Source: Nyscinfo

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