FG gives update on N50,000 grant, says ongoing

The Federal Government has revealed that the payment of N50,000 Conditional Grant Scheme for Nigerians is ongoing.

The Minister of Trade and Investment, Doris Uzoka-Anite, disclosed via her X handle revealed that disbursements has been made to 150,000 out of the targeted one million citizens.

“Grant disbursements are ongoing; 150,000 of the 1 million targeted payments have been issued as of this week.

“If you’re verified and awaiting funds, we appreciate your patience. For full transparency, a list of all beneficiaries will be released upon completion,” she said.

The grant disbursement, which commenced last week, is part of the President Bola Ahmed Tinubu administration’s effort to cushion the impact of fuel subsidy removal.

The Presidential Conditional Grant Scheme announced a portal for registering interested beneficiaries in December last year.