How To Apply For NC-CARES Stimulus Programme through Community leaders

NG CARES Grant Stimulus

How To Apply For NC-CARES Stimulus Programme through Community leaders

The NC-CARES Stimulus Programme is an intervention of the Nigerian Federal Government with support from the World Bank to assist and resuscitate businesses that were adversely affected by COVID-19 pandemic.

The NG CARES is an initiative of the Nigerian Federal Government with the support of the World Bank to mitigate the effects of the COVID-19 pandemic.

The National Covid 19 Action Recovery and Economic Stimulus (NG CARES) will help vulnerable Nigerians affected by the pandemic.

It is a multi-sectorial program aimed at helping vulnerable and poor Nigerians, small farmers and small and medium-sized enterprises affected by the COVID-19 pandemic, with a World Bank grant of 750 million years from 2021 to 2023. ”

Nigeria’s Covid-19 Economic Recovery and Stimulus Program (NG-CARES) is an intervention aimed at restoring the livelihoods, food security and recovery of micro, small and medium-sized enterprises in the poor and vulnerable citizens of Kwara. .

Each state will receive the sum of $20 million dollars over a period of two years while the FCT will get $15 million and the Federal Care Support gets $15 million with effect from Dune 30,2021.

To support this initiative The World Bank is the main sponsor of the Nigerian government. because they are using the so-called subsidy The ‘World Bank Grant’ is seven hundred and fifty million US dollars ($750,000,000) to provide immediate assistance to those affected. Nigerians belonging to the following categories

NC-CARES Stimulus Programme

Small holders farmers affected by Covid19.

This scheme will be active for a duration of two (2) years, i.e. 2021 to 2023. From 30th of June 2021, each States of the Federation will be given twenty million US Dollars ($20,000,000) for two years, apart from the FCT that will receive fifteen million US Dollars ($15,000,000), while another fifteen million US Dollars ($15,000,000) will go to the Federal Care support.

Small holders farmers affected by Covid19.

This scheme will be active for a duration of two (2) years, i.e. 2021 to 2023. From 30th of June 2021, each States of the Federation will be given twenty million US Dollars ($20,000,000) for two years, apart from the FCT that will receive fifteen million US Dollars ($15,000,000), while another fifteen million US Dollars ($15,000,000) will go to the Federal Care support.

How to Apply NG Cares Stimulus Program

The procedures to be followed in applying are very simple, as the application form has already being shared with the following persons;

Community CDC chairman.
Agents of NG CARES.
Community women leaders.
Community youth president.

Target Businesses:

a) Micro businesses (3 – 9 employees)
b) Small businesses (10 – 50 employees)

Application Supporting documents:

1) Proof of identification (NIN, Driver’s License, Voter’s Card, etc.)
2) Proof of residence (Utility Bills, Voters Card)
3) Proof of age (NIN, Voter’s Card, Driver’s License)
4) Proof of Bank Verification Number (BVN Printout duly stamped by the Bank)
5) Proof of business operations (Cash Book Register, Bank Statement, etc.)
6) Proof of business ownership (CAC Registration Documents, TIN)

Interested applicants can apply through the NC Cares agents/enumerators in your communities or contact your community CDC Chairman, Women Leader, or Youth President for registration information. Forms have been shared with these persons.

Or Apply Online here

 

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