FG ₦250,000 Loan by NDE – You Can Apply Now
The National Directorate of Employment (NDE) has begun application for ₦250,000 FG Loan for business owners and unemployed Nigerians. If you are a Nigerian who is currently unemployed or you own a business or you are hoping to start one with the loan, you are eligible to apply for the FG NDE N250,000 loan.
The National Directorate of Employment recently announced the disbursement of the sum of N1.4m as loans to 74 beneficiaries in the Micro Enterprise Enhancement Scheme, under the Small-Scale Enterprise Department of the directorate and they are consistently accepting applications from viable businesses who are willing to grow their capital and become employers of labour in the country and contribute their quarter in the growth of the Nigeria Economy.
During the flag-off ceremony of the disbursement of the first phase of the loan the Director-General of NDE, Abubakar Fikpo said the loan was meant to expand small businesses, which would in turn have a multiplier effect on the nation’s economy.
See Also: FG TraderMoni N50,000 Interest-Free Loan – Apply Now
Requirements For Federal Government ₦250,000 Loan by NDE
- Full Name
- Phone Number
- Business name (If you own a registered business)
- Bank verification Number (BVN)
- Your residential House address
- Bank account (To receive your loan funds)
- Next of Kin Full Name and Phone Number
Facts About FG N250,000 Loan by NDE
The money is a loan and not a grant and as such, all recipients of the fund must be ready to repay to enable others to benefit from the lofty scheme of the Federal Government.
How to Become A Beneficiary of NDE Loan
If you are interested in getting the National Directorate of Employment (NDE) loan, you must first register and participate in the NDE entreprenuer development program.
This program is designed to educate both new and existing entrepreneurs on financial management and also equip you on proper bookkeeping to grow your business through additional record keeping and proper financial management skills. The training also offers networking opportunities to all beneficiaries.
See Also: Government and Private Loans For Businesses and Personal Use
How to Apply for NDE Loan
To apply for the entreprenuer program, visit the NDE official website at https://nde.gov.ng/
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