The Federal Government has commenced the disbursement of the N200 billion Presidential Conditional Grant Scheme to applicants for the purpose of supporting manufacturers and businesses nationwide.
Minister of Industry, Trade and Investment, Doris Anite, who announced this today, April 16, said that some beneficiaries have already received their grants with further disbursements scheduled for April 19.
According to the Minister, the phased disbursement plan is to ensure fairness and transparency, with all verified applicants set to receive their grants eventually.
The minister said that President Bola Tinubu’s administration is committed to bolstering the manufacturing sector and job creation through the palliative loans.
