FG N50,000 Grant Program Update June 2024

FG GRANT N50,000

The Federal Government has given N20.11bn to 402,283 people under the N50,000 Presidential Conditional Grant Scheme.

How the Grant Works

  • Total Amount Given: N20.11bn
  • Number of Beneficiaries: 402,283
  • Grant Amount per Person: N50,000

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NYIF: FG Approves N110 Billion Fund for NigerianYouth Startups

NYIF: FG Approves N110 Billion fund

The Nigerian government has approved N110 billion for youth startups and early-stage businesses. This decision aims to help young entrepreneurs grow their businesses and boost the economy.

The Minister of Youth Development, Dr. Jamila Bio-Ibrahim, announced this news. The funds will be managed through the restructured Nigeria Youth Investment Fund (NYIF). This move is meant to support young business people in Nigeria.

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FG Cash Transfer Program June 2024 Updates

fg cash transfer

The Nigerian Federal Government has started a new cash transfer program. This program will help 75 million Nigerians by giving them direct cash. This is to help those who find it hard, especially people who do not have much. The government is doing this after checking the old way of doing things to stop any wrong actions and make the system better.

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