Financing Programme for MSMEs @Federal Government of Nigeria

Overview

The Federal Government of Nigeria has launched a new financing programme designed to strengthen the growth and sustainability of Micro, Small, and Medium Enterprises (MSMEs) across the country by providing access to affordable loans.

Eligibility

Entrepreneurs looking to start or expand small ventures can apply for the programme.

Benefits

• Access to START loans ranging from 250,000 to 2,000,000 naira.
• Access to SCALE loans ranging from 1,000,000 to 5,000,000 naira.
• Single digit interest rates for loans, making them more accessible.

How to Apply

Interested applicants can apply through the Nigerian Youth Academy platform hosted on the website of the Federal Ministry of Youth Development.

Deadline

Application deadline not specified.

Application Link: https://fmyd.gov.ng/niya/