On today’s update on the ongoing N50, 000 grant for vulnerable Nigerians, the federal government has confirmed that the N50,000 Conditional Grant Scheme for Nigerians is still in progress, with 150,000 out of the one million intended recipients already receiving payments.
Naijanationnews reports that the he Minister of Trade and Investment, Doris Uzoka-Anite, shared this information in a recent statement on her official X handle.
She mentioned that the grant disbursements are ongoing, and as of this week, 150,000 payments have been made.
“Grant disbursements are ongoing; 150,000 of the 1 million targeted payments have been issued as of this week.
“If you’re verified and awaiting funds, we appreciate your patience. For full transparency, a list of all beneficiaries will be released upon completion,” she said.
Beware of fraudulent and unscrupulous parties demanding payment for grant processing. The Presidential conditional grant is completely free—no fees required. The ONLY official source for federal grants and loans is https://t.co/zmf2BNkZCI.
Grant disbursements are ongoing;…
— Hon (Dr) Doris Nkiruka Uzoka-Anite MD,CFA (@DrDorisAnite) April 25, 2024
This grant disbursement initiative began last week and is part of President Bola Ahmed Tinubu’s administration’s efforts to lessen the impact of fuel subsidy removal.
The Presidential Conditional Grant Scheme introduced a portal for interested beneficiaries to register in December of last year.
The Minister stated that the Presidential conditional grant is completely free with no fees required. The official source for federal grants and loans is only available at https://fedgrantandloan.gov.ng.
