Tinubu begins disbursement of N200bn conditional grants to applicants

The President Bola Tinubu-led federal government has announced that the disbursement process for Presidential Conditional Grant Programs has officially commenced.

This was revealed by the Federal Minister of Industry, Trade, and Investment, Doris Aniete, on Tuesday.

Announcing this via her X handle on Tuesday, April 16, she stated that an unspecified number of beneficiaries have received their grants, adding that by Friday, April 19, another significant disbursement will be made to a substantial number of verified applicants.

She wrote in part: “We are pleased to inform you that the disbursement process for the Presidential Conditional Grant Programme has officially commenced.

“Some beneficiaries have already received their grants, marking the beginning of our phased disbursement strategy.

“The President Bola Tinubu Administration understands the importance of these grants in supporting the livelihoods and businesses of our citizens, and this is why we are committed to ensuring a smooth and transparent process.

“In collaboration with telecommunication providers, we have successfully resolved the initial delays in sending out shortcodes for NIN verification and application continuation.

“By Friday, April 19, 2024, a significant disbursement will be made to a substantial number of verified applicants.

“It is essential to understand that disbursements are ongoing, and not all applicants will receive their grants on this initial date.

“However, rest assured that all verified applicants will eventually receive their grants in subsequent phases.”