“At present, the Federal Government is actively granting loans and providing support to reach one million nano businesses.”
To Register ,
visit : https://grant.fedgrantandloan.gov.ng/
This initiative provides N50,000.00 (Fifty Thousand Naira) grants per beneficiary, aiming to support one million nano businesses across the 774 local government areas. The Federal Government will work alongside State Governments, NASME (Nigerian Association of Small and Medium Enterprises), and elected officials. They will use the Federal Government’s selection criteria to shortlist beneficiaries from their constituents.
The target groups consist of 70% women and youth, 10% people with disabilities, 5% senior citizens, and the remaining 15% for other demographics.”