The Nigerian Government has begun the disbursement of the Presidential Conditional Grant Scheme meant to empower Nano businesses across the nation as part of the palliative programme. According to the Bank of Industry, the scheme which began on Saturday, March 9, 2024, offers financial grants, without repayment obligations, to eligible small business owners operating…
“The PCGS targets 70% women and youth, 10% people with disabilities, and 5% senior citizens, with the remaining 15% distributed to other demographics,” stated BOI. Beneficiaries of the initiative have been selected through a rigorous process that includes the verification of each business owner through their National Identification Number and Bank Verification Number .
“With a strong emphasis on inclusivity and empowerment, the PCGS is poised to make a tangible impact on the lives of small business owners and their communities across Nigeria.” The Alumni Association of the National Institute , has called for renewed efforts in tackling insecurity in the country. The association condemned the killings and abductions by terrorists...
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