The Ministry of Industry, Trade and Investment, said it has begun disbursement of the Presidential Conditional Grant Scheme to verified applicants.

The government, through the Bank of Industry, had said it would be disbursing three categories of funding totalling 200billion naira to support manufacturers and businesses across the country.

Giving a progress report on X, the Minister of Industry, Trade and Investment, DORIS ANITE, disclosed that some beneficiaries had received their grants, adding that another disbursement will be made to verified applicants by Friday, April 19.

ANITE noted that the ministry has successfully resolved the initial delays in sending out shortcodes for NIN verification and application continuation in collaboration with telecommunications providers.