Federal government grants are non-repayable funds given by the Nigerian government to individuals, organizations, and cooperatives. These grants are not loans and do not require repayment, provided recipients meet the stated conditions.
They are usually disbursed through agencies such as:
The main goal is to promote economic growth, innovation, and financial inclusion.
Grant amounts differ depending on the program. Below are common federal grant programs and their funding ranges:
| Program Name | Funding Range | Target Group | Duration |
|---|---|---|---|
| FGN-ALAT Digital Skillnovation Grant | ₦500,000 – ₦2 million | Youth and startups | 2024–2026 |
| YouWin Connect | ₦1 million – ₦3 million | Entrepreneurs aged 18–40 | 6–12 months |
| National Youth Investment Fund (NYIF) | ₦250,000 – ₦3 million | Youth-led businesses | Ongoing |
| Agricultural Credit Support Scheme (ACSS) | ₦500,000+ | Smallholder farmers | Year-round |
| Conditional Cash Transfer (CCT) | ₦5,000 monthly | Poor and vulnerable households | Continuous |
Information may vary depending on program phase; confirm details through the official grant portal.
Eligibility depends on the specific grant. Generally, applicants must:
Be Nigerian citizens aged 18 or older
Have a verifiable business or project idea
Possess a Bank Verification Number (BVN)
Operate a registered business (CAC certificate preferred)
Belong to a recognized cooperative or business association (for some programs)
Demonstrate financial need and capacity to manage funds
Priority is often given to youths, women, farmers, and rural entrepreneurs.