Group Invites Petty Traders To Apply for N100,000 Business Grant, Releases Batch C Beneficiaries

Group Invites Petty Traders To Apply for N100,000 Business Grant, Releases Batch C Beneficiaries

  • wThe Petty Traders Grant Support Programme has released its Batch C beneficiaries for N100,000 grant
  • The initiative offers financial grants to help petty traders expand their businesses, improve living standards, and strengthen grassroots economies.
  • Organisers say Batch D will be announced soon as the programme continues its drive to support micro-entrepreneurs nationwide.

Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The management of the Petty Traders Grant Support Programme has announced the release of Batch C beneficiaries.

The organisers also confirmed that Batch D will be unveiled soon.

Petty Traders Grant Programme releases Batch C beneficiaries
Thousands of petty traders to receive N100,000 grants nationwide. Photo: Bloomberg
Source: Getty Images

The initiative offers N10,000 to N100,000 in free grants, targets individuals whose livelihoods depend on petty trading, from food vendors and kiosk owners to shoe repairers, tailors, and recharge card sellers.

Legit.ng reported that, unlike most loan schemes, the Petty Traders Grant is completely non-repayable, making it accessible to people who may not qualify for bank credit.

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It recognises that with just a small push, millions of Nigerians can build profitable micro-businesses capable of transforming their communities.

Petty Traders Grant

It is designed to strengthen petty trading activities and boost grassroots economies.

The initiative provides financial grants to help traders expand or establish businesses, improve their living standards, and stimulate local enterprise growth.

Thousands of traders applied for the grant, and after a detailed review process, successful applicants for the first, second, and third batches have now been shortlisted based on the programme’s eligibility criteria, MSME reports.

According to the organisers, the initiative represents more than just financial assistance.

They said:

“This grant is more than just financial aid; it is an opportunity for petty traders to grow their businesses, enhance access to essential goods and services, and achieve financial independence.”

Next step for shortlisted beneficiaries

Shortlisted candidates are expected to complete a final verification process to confirm their identities before disbursement.

Notifications and further instructions will be sent via the registered email addresses of successful applicants.

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Once verified, approved beneficiaries will receive their grants directly into their bank accounts.

For those who were not shortlisted, the organisers advised patience, assuring that more opportunities are on the way.

The organisers said:

“The Petty Traders Grant Support Programme will open for new applications again this year."

They added that additional empowerment schemes are being developed to reach even more traders.

Batch C beneficiaries for the Petty Traders Grant have been released
Thousands of petty traders have just been approved for N100,000 grants Photo: THEGIFT777
Source: Getty Images

How to apply

The application is expected to close on December 19; interested persons can still apply

  • Register: Visit the official website and fill in your personal and business details.
  • Submit: Complete the form accurately; multiple entries lead to disqualification.
  • Confirm: Await a confirmation message and possible follow-up for clarification.
  • Get Funded: Shortlisted applicants will be published online and contacted for disbursement.

To apply for the next batch before the deadline use this link

FG reopens portal for N500,000 grant

The Federal Ministry of Youth Development (FMYD) has reopened the application portal for the Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) Batch B recruitment.

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The programme YEIDEP is aimed at empowering young Nigerians with financial support and entrepreneurship training.

The ministry explained that the initiative offers financial support between N50,000 and N500,000.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.