THE FEDERAL GOVERNMENT HAS DISCLOSED THAT IT HAS DISBURSED A SUM OF 27.2 BILLION NAIRA FROM THE 50 BILLION NAIRA EARMARKED FOR THE PRESIDENTIAL CONDITIONAL NANO GRANT SCHEME.
THIS IS ACCORDING TO INFORMATION MADE AVAILABLE ON THE PORTAL OF THE SCHEME, WHICH SHOWED THAT 545,830 INDIVIDUALS BENEFITED FROM THE SCHEME BETWEEN APRIL TO JUNE.
RECALL THAT THE MINISTER OF INDUSTRY, TRADE AND INVESTMENT, DORIS UZOKA-ANITE, HAD ANNOUNCED THAT ALTHOUGH FOUR MILLION NIGERIANS REGISTERED FOR THE N50,000 PALLIATIVE GRANT AS OF JUNE, ONLY ONE MILLION WILL BENEFIT FROM THE SCHEME.
SHE FURTHER ADDED THAT THE GRANT PAYMENT IS STILL ONGOING.