”Have You Received Your Own?” – Excitement As Thousands of Nigerians Received N50k From FG

AMILOADED MEDIA HUB NEWS UPDATE

Nigerians have started expressing utmost joy as they have started receiving N50K inside their accounts from president Tinubu’s government.

The federal government has officially kicked off the disbursement of the N50,000 Presidential Conditional Grant Scheme, popularly known as the Trade Grants Scheme, to nano businesses across Nigeria.

Nano businesses, defined by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) as enterprises with one or two workers and an annual turnover of less than N3 million, are the primary beneficiaries of this initiative.

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced the exciting news on Tuesday, April 16th, 2024.

As of the moment of filling this content on Friday, April 18th 2024, thousands of Nigerians are still receiving the grant from the Tinubu’s government.

It’s important to understand that the disbursement is happening in phases. Not all applicants will receive their grant today.

The Minister assures everyone that all verified applicants will eventually get their money in the coming stages.

The Ministry is processing applications carefully and fairly. They ask for your patience as they continue this important work. The phased disbursement plan ensures proper consideration of each application

Remember back in December 2023, the Federal Government announced the Presidential Conditional Grant Scheme (PCGS) as part of a larger program to support small businesses.

See screenshots of people that have received N50K in their accounts below;