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BOI to conduct Survey about N50,000 Federal Government Grant- FG

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The survey is related to the Presidential Conditional Grant Scheme (PCGS), a federal government initiative aimed at empowering nano businesses across Nigeria. This scheme provides financial grants of N50,000 to eligible small business owners in various sectors, such as trading, food services, ICT, transportation, creatives, and artisans.

The PCGS targets 70% women and youth, 10% people with disabilities, and 5% senior citizens, with the remaining 15% distributed to other demographics. The program’s primary objective is to unlock the potential of Nigeria’s entrepreneurial ecosystem and drive sustainable economic development at the grassroots level.

By participating in the survey, you’ll likely be asked about your experiences with the PCGS, its impact on your business, and potential areas for improvement. This feedback will help the Bank of Industry (BOI) and the Federal Ministry of Industry, Trade and Investment refine the program and better support small business owners in Nigeria.

Key aspects of the Presidential Conditional Grant Scheme (PCGS):

Eligibility: Nano business owners in various sectors, with a focus on women, youth, people with disabilities, and senior citizens.

Grant amount:N50,000 per beneficiary.

Target beneficiaries: 1,000,000 small businesses in 774 local government areas and the six council areas in the Federal Capital Territory (FCT)

Program goals:Empower nano businesses, drive sustainable economic development, and promote inclusive economic growth

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