NIGERIA: FG Announces N50,000 Monthly Grant for Small Business Owners Nationwide.

-

Abuja, Nigeria — The Federal Government has announced a new support scheme that will see eligible small business owners across Nigeria receive N50,000 monthly grants to help grow their businesses.

The program was unveiled on Saturday by the Ministry of Industry, Trade and Investment as part of efforts to fight poverty and boost the economy.

What The Grant Is About.
The "Small Business Growth Fund" will target traders, artisans, farmers, and young entrepreneurs in all 36 states + FCT. 

Officials say the goal is to help small businesses survive rising costs and create more jobs in local communities.

Minister of Industry said: 
_"This grant is not a loan. It is direct support to help MSMEs restock, buy equipment, and expand. We want to put money directly into the hands of Nigerians doing real work."_

Who Can Apply.
To qualify, applicants must:
1.  Be Nigerian and own a registered or unregistered small business.
2.  Be between 18 - 55 years old.
3.  Have a BVN and business account.
4.  Operate in trading, food, fashion, tech, farming, or artisan work.

Priority will be given to women, youths, and persons with disabilities.

How To Apply.
Applications will open on the official government portal next week. Beneficiaries will be selected through BVN verification and state government screening.

Payments of N50,000 per month for 3 months will be sent directly to approved bank accounts.

With inflation and high cost of goods, many small businesses have been struggling. This grant is expected to help over 1 million business owners nationwide.

Economists say if implemented well, it could boost local markets and reduce unemployment.
This is one of the biggest direct cash grants for small businesses in Nigeria this year. If you run a kiosk, salon, tailoring shop, food business, or any small trade, this could be for you.

Keep your BVN and business details ready. Full application details will be published on DESSY'S Blog once the portal opens.

For updates, follow us and check our Contact page to send us your business story.


Comments

Post a Comment

Popular posts from this blog

End of Year Thanksgiving: ACPPB Lagos Zone 2 Youth Experience Overflow.

-
Image
pst Stanley maduewesi . The ACPPB Lagos Zone Youth recently hosted a powerful end-of-year Thanksgiving service tagged "New Era of Overflow" at Okota Chapel on December 29th and 30th, 2025. Zone 2 president,Elder Anayo,A Evangelist Chike, E. The two-day event featured inspiring messages from renowned speakers. On Saturday night, Pastor Stanley Maduewesi ministered to the congregation, while Evangelist Ebede Chike took the stage on Sunday. popular Nigerian comedian MC MUGU The event provided a platform for attendees to reflect on the past year, celebrate God's goodness, and look forward to the new year with faith and expectation. See photos below.:
Read more

ACPPB Marks 69th Anniversary, Tasks Nigerians on Forgiveness and National Reconciliation.

-
Image
The All Christian Practical Praying Ministry Band (ACPPB), Ufuma, celebrated its 69th anniversary with a strong appeal for forgiveness, national reconciliation, and a renewed sense of unity among Nigerians. The event took place at the ministry’s national headquarters in Ufuma, Orumba North Local Government Area, Anambra State, and drew members from across the country and beyond. The anniversary was marked with prayer sessions, worship, testimonies, and the cutting of the anniversary cake. But beyond the celebration, the gathering served as a platform to address Nigeria’s deep-seated divisions and the path forward. A Call to Move Beyond Division Speaking at the event, the Leader General and Spiritual Director of the ministry, Elder Daniel Nwokolo, urged Nigerians to let go of bitterness and reject the politics of ethnicity, religion, and hatred. He said the country cannot make meaningful progress if citizens continue to hold on to acrimony and allow differences t...
Read more

"QUEEN CHRISTABEL REIGNS SUPREME ON HER BIRTHDAY! 🎉👑"

-
Image
Today, we're celebrating an extraordinary individual who's a treasure to those around her! 🌹 Christabel, you're a shining star, and your special day is finally here! 🎂 Wishing you a birthday that's as fabulous, kind, and bright as you are 🎊.  May this year bring you endless laughter, unforgettable moments, and all your heart's desires 🥰. Here's to another amazing year of chasing dreams, making memories, and spreading joy wherever you go 💖. Cheers to you, Christabel! 🥳 #HappyBirthdayChristabel #BirthdayVibes #CelebrateYou
Read more