NAIRAMETRICS
The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has confirmed that about 150,000 individuals received the sum of N50,000 this week from the Conditional Grant Scheme initiated by the Federal Government.
The Minister made this disclosure in a statement on her X (formerly Twitter) account on Thursday.
Uzoka-Anite also urged the public to be cautious of fraudulent and unscrupulous individuals demanding payments for processing the grant, emphasizing that the scheme is entirely free and does not require any fees.
She reiterated that the grant scheme is targeted at 1 million people in total, adding that a list of all beneficiaries will be released upon completion.
- “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 fedgrantandloan.gov.ng.
- “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 during this process. For full transparency, a list of all beneficiaries will be released upon completion,” she said.
Grace period for those yet to register
Meanwhile, the Minister had previously announced that the deadline for registering for the grant scheme is April 17, 2024.
Despite the stated deadline, she encouraged those who have not yet registered to proceed with their applications.
