The federal government has announced that the N50,000 Conditional Grant Scheme for Nigerians is still in progress, with disbursements made to 150,000 out of the one million targeted citizens.

Minister of Trade and Investment, Doris Uzoka-Anite, conveyed this information in a recent statement shared through her official handle.

“Grant disbursements are ongoing; 150,000 of the 1 million targeted payments have been issued as of this week. If you’re verified and awaiting funds, we appreciate your patience. For full transparency, a list of all beneficiaries will be released upon completion,” she stated.

The grant disbursement initiative, which kicked off last week, forms part of the efforts by the administration of President Bola Ahmed Tinubu to mitigate the impact of fuel subsidy removal.

The Presidential Conditional Grant Scheme had previously announced the launch of a portal for the registration of interested beneficiaries back in December last year.