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Find out more as FG reopens portal for Nigerians to apply for N50,000

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SMEDAN has reopened its Conditional Grant Scheme, offering a non-repayable N50,000 grantBusinesses that receive the grant must employ at least one additional person as part of the scheme’s job creation conditionsApplicants need to provide basic business details including CAC registration number, industry type

Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has opened applications for its Conditional Grant Scheme (CGS), offering eligible nano and micro businesses a non-repayable grant of N50,000 to support business growth and job creation.

The programme is designed to help small enterprises strengthen their operations through financial support that does not require repayment, provided beneficiaries comply with the scheme’s conditions.

SMEDAN has opened applications for its N50,000 Conditional Grant SchemeNigerian small business owners can now apply for SMEDAN’s N50,000 grant Photo: Bloomberg
Source: Getty Images

According to SMEDAN, the Conditional Grant Scheme is part

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