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FG reopens ₦50,000 grant portal for small businesses, releases application guidelines
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Daily Review Online – Nigeria and World News
Spread the loveBy Our ReporterThe Federal Government has reopened the application portal for its ₦50,000 Conditional Grant Scheme, giving eligible nano and micro business owners another opportunity to access non-repayable financial support aimed at boosting small enterprises and creating jobs.
The programme, managed by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), provides a one-off ₦50,000 grant to qualified beneficiaries.
According to SMEDAN, the initiative is designed to support nano and micro enterprises that often struggle to access conventional business financing.
The grant targets nano and micro enterprises operating across Nigeria’s local government areas.
Interested business owners are expected to complete their applications through the official SMEDAN Conditional Grant Scheme portal and ensure they meet all eligibility requirements before submitting their applications.