Trade Grant Scheme: Applicants to link NIN to Bank account to receive grants, says FG

The federal government has mandated all applicants of the presidential trade grant programme to link their National Identification Numbers (NIN) to their bank accounts to be eligible for the proposed grants.

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announcement on Sunday.

The Minister stated that this requirement complies with the Central Bank of Nigeria (CBN)’s recent directive on account verification with NIN.

She therefore explained that the ministry intends to send a text message through “FGGRANTLOAN” to applicants, asking for their NIN to be submitted for verification through a secure link.

“The Ministry of Industry, Trade and Investment thanks all applicants for their interest in the Presidential Conditional Grant Programme and assures that applications are being thoroughly processed.

“Due to new regulations from Central Bank of Nigeria, it is now required for all applicants to link their National Identification Numbers (NIN) with their bank accounts. We currently do not have a record of the NINs of those who applied.

“Therefore all applicants will receive an SMS from ‘FGGRANTLOAN’ with instructions to submit this information via a secure link. This step is essential for the continuation of the application process.

“Only verified applicants will receive this notification, and NINs must match applicant’s name for the process to proceed,” she said.

Backstory

Earlier in December 2023, the Federal Government of Nigeria released an application portal for its Presidential Conditional Grant for Nano Businesses under the Presidential Palliative Program.

The scheme offers a grant of N50,000.00 per beneficiary, aiming to support one million nano businesses across the 774 local government areas.

To select beneficiaries for its latest initiative, the Federal government said it will work alongside State Governments, Ministers, NASME, Senators, and House of Representative Members.

It also plans to allocate 70% of spots to women and youth, 10% to individuals with disabilities, 5% to senior citizens, and 15% to other groups based on specific selection criteria.

Source: https://nairametrics.com/2024/03/25/trade-grant-scheme-applicants-to-link-nin-to-bank-account-to-receive-grants-says-fg/

You want to consult Senators , States and local governments, house of representative members untop N50,000 change

All of you are mad

Nice one

Hope the born haters of Nigeria would at least commend government this time or perhaps we should wait for their as usual rhetorics

LagosFirstSon:
You want to consult Senators , States and local governments, house of representative members untop N50,000 change

All of you are mad

Read and comprehend before hating on this. Haba

Is unnecessary hatred now a culture?

helinues:


Read and comprehend before hating on this. Haba

Is unnecessary hatred now a culture?

Untop 50k Dem dey speak all this Grammer

Abegiiii
.

LagosFirstSon:

Untop 50k Dem dey speak all this Grammer

Abegiiii
.

Is earning N50k not better than engaging in crime or being idle?

When would you lots ever appreciate anything from the government? Where did you guys learn your own opposition from that you people find it hard to commend the government when they do the right thing.

Those who think they can be hating on the progress of Nigeria should also be ready to get stuck in life. It's as simple as ABC

helinues:


Is earning N50k not better than engaging in crime or being idle?

When would you lots ever appreciate anything from the government? Where did you guys learn your own opposition from that you people find it hard to commend the government when they do the right thing.

Those who think they can be hating on the progress of Nigeria should also be ready to get stuck in life. It's as simple as ABC

You've been on Nairaland for years supporting failed and clueless leaders from buhari to Tinubu.

What did you achieve in buhari that you supported , obviously nothing.

You went ahead to support Tinubu and see how bad he has governed this country.
Nigerians now go about crying and begging for food and you expect a sane mind like me to support an insane government?

Hell no

Mine is not even updating. Is it network or what?

Great100000:
Trade Grant Scheme: Applicants to link NIN to Bank account to receive grants, says FG

The federal government has mandated all applicants of the presidential trade grant programme to link their National Identification Numbers (NIN) to their bank accounts to be eligible for the proposed grants.

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this announcement on Sunday.

The Minister stated that this requirement complies with the Central Bank of Nigeria (CBN)’s recent directive on account verification with NIN.

She therefore explained that the ministry intends to send a text message through “FGGRANTLOAN” [/b]to applicants, asking for their NIN to be submitted for verification through a secure link.

[b]“The Ministry of Industry, Trade and Investment thanks all applicants for their interest in the Presidential Conditional Grant Programme and assures that applications are being thoroughly processed.

“Due to new regulations from Central Bank of Nigeria, it is now required for all applicants to link their National Identification Numbers (NIN) with their bank accounts. We currently do not have a record of the NINs of those who applied.

“Therefore all applicants will receive an SMS from ‘FGGRANTLOAN’ with instructions to submit this information via a secure link. This step is essential for the continuation of the application process.

“Only verified applicants will receive this notification, and NINs must match applicant’s name for the process to proceed,” she said.

Backstory

Earlier in December 2023, the Federal Government of Nigeria released an application portal for its Presidential Conditional Grant for Nano Businesses under the Presidential Palliative Program.

The scheme offers a grant of N50,000.00 per beneficiary, aiming to support one million nano businesses across the 774 local government areas.

To select beneficiaries for its latest initiative, the Federal government said it will work alongside State Governments, Ministers, NASME, Senators, and House of Representative Members.

It also plans to allocate 70% of spots to women and youth, 10% to individuals with disabilities, 5% to senior citizens, and 15% to other groups based on specific selection criteria.

Source: https://nairametrics.com/2024/03/25/trade-grant-scheme-applicants-to-link-nin-to-bank-account-to-receive-grants-says-fg/

LagosFirstSon:

You've been on Nairaland for years supporting failed and clueless leaders from buhari to Tinubu.

What did you achieve in buhari that you supported , obviously nothing.

You went ahead to support Tinubu and see how bad he has governed this country.
Nigerians now go about crying and begging for food and you expect a sane mind like me to support an insane government?

Hell no

My life is not tied with government. That government failed doesn't mean I fail in life. So what. Around this time last year, I told people on NL to stock Btc that it would reach $50k by January, it was around $23k then, how much is it today? Cashing out things.

Now let me address your initial comment properly in order to expose your hypocrisy

You want to consult Senators , States and local governments, house of representative members untop N50,000 change

All of you are mad

Where did you get the @emboldened from? Definitely not from this news, meaning you didn't even read at all before dropping that opata.

Secondly, why is it hard for you and your lots to make your comment without insulting others? What's the meaning of the last paragraph, I believe you are no longer a kiddy. Does the last paragraph make any sense to you?

It is telling me phone number not found when I input it. Has anyone been able to verification successfully

This is a better way to make bank acct holders to link their acct to NIN rather than threatening to close accounts.

Hehehe

Some don dey chestbeat again saying ontop 50k.

Dem fit no get 200k for account but can always chestbeat online.

Billionaires!!!