List of Ongoing Federal Government Loans 2023
Are you looking for ongoing Federal Government Loan Programs in 2023? Are you searching for a loan opportunity for a small business in Nigeria? However, do you want to know how to apply for FGN loan initiatives for farmers, businessmen/women, and households? If your answer is yes, pay attention to this guide.
In this post, you’ll find a list of current federal government loans for 2023, as well as information on how to apply.
Please keep in mind that some loans are interest-free, while others have low-interest rates. The government loans listed here have a no-fee application form process.
List of Federal Government Loans 2023
Below is a list of Federal Loans programs in 2023 for all Nigerian Citizens.
Central Bank of Nigeria (CBN) NIRSAL COVID-19 Loan
NIRSAL Covid-19 loan opportunity through the Central Bank of Nigeria (CBN) is aimed at assisting Nigerian businesses and households in recovering from the economic problems caused by the COVID-19 pandemic. However, to apply for the NIRSAL Covid-19 loan, visit https://nmfb.com.ng/covid-19-support.
Read Also: Federal Job Vacancies in Nigeria
NYSC CBN Loan
This loan has been around for quite some time. It’s a loan program for ex-corps and corps members to help them start a business, so they don’t have to rely on white-collar jobs after their national youth service. It’s easy to apply. Go to the application form portal to register https://www.yiedp-hbng.com.
AGSMEIS loan from CBN
The Central Bank of Nigeria’s Agric, Small, and Medium Enterprise Loan aim to assist agricultural-related enterprises in Nigeria. For more information on how to apply for this loan visit https://agsmeisapp.nmfb.com.ng/.
GEEP Loan from Npower
Geep is an interest-free loan for N-power batch A and B beneficiaries to help them launch a business and avoid returning to the streets. You can apply online at www.npower.gov.ng/.
Federal Mortgage Bank of Nigeria’s NHF loan
The National Housing Fund (NHF) loan is a federal government effort designed to make affordable housing more accessible to Nigerians. For more information on how to apply for this loan, click here.
The Federal government’s Government Enterprise and Empowerment Programme (GEEP) designed this no-interest loan exclusively for Nigerian tiny traders and entrepreneurs. To apply, click here.
FarmerMoni is a loan program for farmers.
This is a loan by the federal government to help and encourage small farmers. The Government Enterprise and Empowerment Programme is funding this loan initiative (GEEP). You can apply at https://www.boi.ng/, which is the website of the Bank of Industry.
MarketMoni loan is also from GEEP. It is a federal government loan program designed to provide financial assistance to small business owners. This loan looks a lot like the TraderMoni loan. You can apply for this loan at https://www.boi.ng/apply.
Read Also ⇓:
- How to Check NIRSAL Covid-19 Loan Approval/Status
- NYIF Shortlisted Candidates
- Lagos State MSME Recovery Fund 2.0
- CBN Ties Loan Application Portal
- Social Exchange Market Grant
- CBN Agric Loan Application Form Portal
- 100 For 100 PPP Loan Application Portal
If you have any questions about this guide comment below right now.