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FG SMEDAN ₦1.5m Loan – Re-Opening of Portal

FG SMEDAN ₦1.5m Loan: The ultimate purpose of this platform is for every applicant to receive a SMEDAN loan of $1,500,000 with low or no interest rates. As you continue, we’ll demonstrate how you can obtain a 1.5 million dollar SMEDAN loan from the federal government for 2022-2023.

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Without further ado, let’s get started with the following:

The collaboration is determined to fully implement the program for the benefit of Nigerians, according to Dr. Dikko Radda, director-general of SMEDAN, who dropped the hint yesterday. As a result, it aims to increase the capacity of micro and small enterprises (MSEs) across the nation that have already begun.

As the program’s intended recipients are labor-intensive SMEs functioning in the real sector, these will be cutting-edge value-added goods that are making inroads in the Nigerian market and need more funding to expand outputs.

Federal Government Loans List For 2024

ONGOING LOAN   APPLICATION
Complete list of Ongoing FGN loans and Grants for 2024 GET ACCESS
₦500,000 FG loan by CBN Begins GET ACCESS
SMEDAN N1.5m Loan APPLY NOW
Nigerian Youth Investment Fund (NYIF) Begins APPLY NOW
N40,000 Free Salary to 774,000 Applicants APPLY NOW
Up to ₦5Million Business Loan for SME APPLY NOW
Federal Government Approves ₦75,000 Stipends APPLY NOW
How to access the N50 billion CBN Covid-19 intervention fund for SMEs GET ACCESS
Up to N25m Loans for Graduate Entrepreneurs APPLY NOW

Please carefully read the application’s eligibility requirements before continuing with your application, though.

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Selection Standards:

  • Graduates of Nigerian universities and polytechnics will be eligible to apply for the program.
    (BSc/HND or an equivalent degree);
  • release or exemption certificate for the National Youth Service Certificate (NYSC);
  • 10 years or less after NYSC

Application prerequisites

  • a legally binding business name
  • Your company’s tax identification number ( RC or BN)
  • State where the company is located
  • Business Type
  • Age of Industry (Number of years of operation)
  • Phone number and official name

Application Process for SMEDAN 1.5 Million Loan

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Interested parties may submit their applications by clicking here.

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