The Federal Government announced on Thursday that the disbursement of N150bn in loans to micro, small, and medium enterprises and manufacturers will commence by the end of July.
The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, shared this information in a post on her official X handle on Thursday. She said, “To all applicants of the Presidential Conditional Grant Scheme who are yet to be paid, thank you for your continued patience. The disbursement process is still ongoing, and we have allocated about 60 per cent of the 1 million grants.
“We are also at the final stages of vetting for the MSME and Manufacturing loans. Applications remain open, and disbursement will begin by July ending.”
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