Business & Loans
FG Transport Subsidy Grant 2021/2022- N5000 Each For 40M Nigerians – Apply Here
FG Transport Subsidy Grant 2021/2022- N5000 Each For 40M Nigerians – Apply Here
The Federal Government is set to start issuing up to 40M Nigerians N5,000 Transport Subsidy Grant as we will be walking you through the procedure and requirements on how to apply.
Before we continue, there are other Federal Government Grants you can currently access, click HERE to apply
You may also want to read FMHDS Update: N5000 Cash Transfer To Commence Soon
About FG Transport Subsidy Grant
The FG Transport Subsidy Grant is an allowance that will be given to Nigerians by the Federal Government when the subsidy on fuel is officially removed by July 2022.
The Federal Government will no longer accommodate fuel subsidy come July 2022, there is no provision for fuel subsidy in the 2022 National Budget.
To cushion against the effect of high transport fares, the Federal Government is making plans to pay Nigerians “ Transport Allowance” known as Transport Subsidy Grant after removing fuel subsidy.
Nigerians from all facets of Life will be entitled to transportation grants as the fuel subsidy regime will be coming to an end come July 2022, which has been confirmed by the Nigeria Finance Minister.
According to the Finance Minister, N5,000 will be given to 40 million Nigerians.
How The FG Transport Subsidy Grant 2022 Will Be paid To Nigerians
The Transport Subsidy Grant will be paid for a short period like 6 months, 9 months, or a maximum of 12 months.
Transport subsidies would be given directly to individuals, not associations, or groups.
The NIN will be used to track all qualified and suitable Nigerians that will benefit from the grant
The grant money will be transferred to people using their BVNs, account numbers, and national identity number.
You may also want to read How to Apply For Vice President Osinbajo N5,000 RRR Cash Transfer 2021
Requirements for the FG Transport Subsidy Grant 2021/2022
Below are requirements that applicants must meet in order to be eligible for the grant:
- Must be a Nigerian
- You must have a Bank Verification Number
- You must have a National Identification Number number (NIN)
- Your bank account number must be active
How To Apply
The application has not started as it will start when the fuel subsidy is removed in 2022. We always update you on the progress of the grant.
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