Nigerian FG Transport subsidy Grant 2022 is an allowance that will be given to Nigerian transporter when the subsidy on oil is officially removed from July 2022.
Furthermore, Nigerians from all parts of the country will be entitled to transportation grants as the fuel subsidy regime ends come July 2022, Nigeria’s Finance Minister confirmed it. Read also TEF Entrepreneurship Programme 2022 | Apply for Tony Elumelu Foundation
Moreover, the federal government will lift up the fuel subsidy from July 2022, in addition to this, there is no provision for fuel subsidy in the 2022 National Budget.
More in-depth on FG Transport Subsidy Grant 2022 | Apply Now
To talk about the effect of last year high transport fare, the federal government have decided to make a plan for all Nigerians transporter this year 2022 known as the “transport subsidiary grants” after removing fuel subsidy.
The finance minister stated that the subsidiary grants of N5,000 will be given to 40M 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.
Eligibility for FG Transport Subsidy Grant 2022 | Apply Now
To enjoy these federal government grants, applicants should:
- Be a Nigerian citizen
- You have a Bank Verification Number
- You must have National Identification Number number (NIN)
- Your bank account number must be active
How to apply for FG Transport subsidy grants 2022
At the moment, this application began in 2023, but there is no update regarding the step for application yet. This page will be updated for the official website to apply.