ADS! Get Admission into 200 Level and Study any Course in any University of Your Choice. Low Fees | No JAMB UTME. Call 08063692710

Federal Government Grants in Nigeria 2019: See Procedures Involved

Filed in Articles by on March 19, 2019

ADS: Get JAMB CBT APP on Your PHONE and PC Now!

Click here to CHAT WITH US Now


Federal Government Grants in Nigeria 2019: See Procedures Involved.

Federal Government Grants in Nigeria A federal government grant is a financial award given by the federal government and is not to be repaid. These grants are given to help execute projects and ideas, it is considered as a support for people starting new businesses. It plays an important role in the development of the society’s economy.

Federal Government Grants in Nigeria

Federal Government Grants in Nigeria


Federal Government Grants for Business.

Any individual between the ages of 18-65 with a good business plan can refer to the Central Bank of Nigeria (CBN) to receive federal grants for business.

This federal grant program has $10 billion for business grants. The aim of this program is to:

  1. Support Nigerians who want to start their own business.
  2. To encourage graduates to become employees.
  3. To create monetary help for Nigerians with fewer risks.

The application for a grant is very competitive; there are specialists who consider and access the business concepts. You have to pass the selection stage in order to receive the grant.

An area where you can get government grant is agriculture. Federal Government has given much attention to the agricultural sector in terms of grants.


Lists of Federal Government Grants for Agricultural Business.

Lists of Federal Government Grants for Agricultural Business

  • Central Bank of Nigeria (CBN) Agricultural Program

This is a government program that provides loan to farmers. The bank has laid out N75billion for this program.

  • Bank of Agriculture Program

This collaborates with the Federal Ministry of Agriculture and the Federal Ministry of Finance to generate best options for grants and loans.

  • Cooperative Societies Grants

As a farmer, you can join cooperative societies such as All Farmers Association of Nigeria (AFAN), Youth Empowerment in the Agricultural Program (YEAP) or Fadama, where they have the ability to gain support and beneficial grants.

The support by the Federal Government is very important especially when it comes to economic instability. You can also find other grants not necessarily given by the Federal Government to start up your business.

What’s your take on this? We believe this article was interesting right, if yes, don’t hesitate using our share button below to inform – friends and relation via Facebook, twitter or Google+

CSN Team.

Join Over 500,000+ Readers Online Now!

Subscribe NOW to Latest GIST from CSN PORTAL in Your EMAIL ADDRESS

Get Latest Smart Phones at a Cheap and Affordable Price @ TECHDRILLERS.COM


Copyright Warning: Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us at [email protected] to file a complaint & actions will be taken immediately.

Don’t Attend to Any Call from this WEBSITES Pertaining to any Job or Scholarship Offer Requiring Money.

Tags: ,

Comments (1)

Trackback URL | Comments RSS Feed

  1. okafor chinyere says:

    Am glad, notify me