Federal Government Grant: Payment Resumes For Unpaid 400k Beneficiaries In Batches

FG resumes President Conditional Grant Scheme N50,000 payment for the unpaid 400k beneficiaries.

Recall that a few weeks ago, the Minister informed all applicants of the Presidential Conditional Grant Scheme who are yet to be paid, stating that they have allocated about 60% of the 1 million grants.

The Minister then stated that almost 4 million Nigerians applied for the Palliative grant of 50k, but only 1 million beneficiaries can be accommodated. So far 600, 000 has been paid and the payment of the remaining 400,000 has resumed.

This means not all applicants will receive the grant. The selection is not based on who applied first; everyone has an equal chance but by random computer-generated selection.

The FG Loan category is also at the final stages of vetting for the MSME and Manufacturing loans. Applications remain open, and disbursement will soon begin.