How to Apply for NG Cares
Are you in Nigeria and do not have enough money to fund your business? The federal government of Nigeria has brought another helpful scheme.
This post will be telling you about NG Cares which is one of the trendiest news on the internet. If you do not have any information about this, this post is here to guide you through it.
A lot of youth in Nigeria are already getting the benefits of this scheme, this is the more reason this update is being made.
Do you have a small business and do not have enough money to fund your enterprise? If yes, it is important to have this update.
This post will carry details like how to apply for the NG cares, what is all about and the requirement needed before application.
With this information, readers who are interested in this will be able to have the full info about it.
What is NG Cares?
This is a very important note to consider. All readers should get to know this information in order not to get confused at any point.
The NG Cares program is headed by the federal government. Their aim is to work towards erasing poverty in the country.
Covid-19 left many in poverty, the aim of the NG care organized by the federal government is to help many stand back on their feet.
Over $700 Million Dollars have been released by the World Bank and the Federal government with the sole aim of Poverty alleviation.
This is one of the poverty alleviation programs for the year 2022. If you have a small business, this program will be very helpful to you.
NG Cares is simply National Covid 19 Action Recovery and Economy Stimulus. The mandate is to wrestle poverty and help in the recovery of small enterprises.
States Qualified for the Fund
In this section of the post, you will get to know the state in Nigeria qualified for this fund which is important to note.
A lot of people are getting the news wrong and there is a need to have this info regarding the state which are eligible for this funding.
If you are anyway in Nigeria, you are qualified to get this fund as far as you are a citizen. All states in Nigeria including the federal capital territory.
The only issue here is that all states are not getting equal division of the fund and here, you will get to know the amount the World Bank will give each state.
Nigeria has 36 states which is a lot of states in the country and in order to divide the money to all the states in Nigeria, there is no equal division in the funding.
The state with the lowest funding is the federal capital territory, Abuja. This does not withstand citizens getting funding from this government.
Read More: IPPIS Number for Police (NPF), Universities and Civil Servant 2021
To be qualified for this fund, you need to have some required certificates and meet their requirements.
The division of the fund will be $20 million for each state while the federal capital territory will get $15 million from World Bank.
NG Cares Requirements
In this section of the post, you will get to know what the requirements of NG Cares are. It is important to meet the requirements.
If you do not meet these requirements, there is no way of applying for the NG Cares program. Below are the requirements of NG Cares;
- All applicants need to submit proof of Identity which is your NIN, Drivers license, Voters Card, or any other equivalents.
- Applicant must submit proof of Resident which is your NEPA Bill or Voter’s Card.
- Your age matters so you need to prove it with your voter’s card or NIN.
- You need to own a business to fill up the business category section.
If you have all these requirements to on how to Apply for NG Cares, there is no way you will not get the funding successfully. Follow all needs mentioned above.
NG Cares Portal
NG Cares portal is one important aspect to look into. Here, you will get to know about the need to have the portal link of NG Cares.
With the use of the portal, you can get news regarding this directly from them. There are new updates on this every day and it is important to have this portal so you will not run out of updates.
If you have been looking for the portal link of this NG cares, you met the right page. Below is the portal link of NG Cares;
https://system.careportal.org/login. With just your emails address and password, you can log in to this platform.
Target Business of NG Cares
As it is stated earlier in this post, the funding is given to small-scale businesses. Here, you will get to know the target of NG Cares.
If this has been your search then this is the right page for you. Here you will get the number of workers your company must have to receive this funding.
Below are the target businesses of NG cares;
- Micro-Businesses: This means that if you have an estimate of 3-9 workers, your workplace is qualified for the loan.
Anything less than this cannot get this funding.
- Small Businesses: small businesses are from 10-50 workers. If you have this amount of workers in your business, you are qualified for the loan.
Above those qualified to get this loan from and anything more or less is not qualified.
How to Apply for NG Cares
Here, you will get to know how to apply for NG Care. This is one of the sections many readers have been waiting for.
The application for NG Cares is not hard if you have met all the requirements needed. To get the application, visit your local government NG Cares enumerators. This is a simple step on How to Apply for NG Cares.
If you still have other things to inquire about, visit your community CDC chairman, Women Leader, or Youth president which will help you with the information you need.
In conclusion, thanks for reading this post, do not forget to drop a comment in the comment section below.
If you have any questions to ask regarding this, do not forget to drop them in the comment section below. Stay on our page for more information regarding this post.
Be the first to comment