Petty traders grant support programme circulates without verification

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By Paulinus Sunday

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A new initiative called the Petty Traders Grant Support Programme has been trending on social media from October to December 2025. However, based on all its claims and available details, this appears not to be a legitimate grant.

The unverifiable scheme is circulating widely online, claiming to support petty traders across Nigeria. Authorities and observers have advised individuals to be cautious, as there is no credible source confirming the authenticity of this grant.

According to the claims shared online, the Petty Traders Grant Support Programme is said to be “a community-driven initiative designed to empower aspiring and existing small-scale business owners.” The organizers claim that the grant offers financial assistance to individuals who need low start-up capital for petty trading, such as buying and selling goods or offering basic services. It also claims that existing traders can access additional funding to strengthen and expand their businesses.

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The alleged grant reportedly “provides seed capital between ₦10,000 and ₦100,000 to help petty traders generate sustainable income.” It further states that “no business registration is required, and the process is simple with minimal documentation.” The programme claims to be open to all Nigerian residents within a required age bracket who wish to apply.

Another claim shared online says that the grant is open to both intending entrepreneurs and existing business owners who need recapitalization or financial support to grow their enterprises. It allegedly supports individuals to start or grow a small business, specifically those requiring little start-up capital.

The stated requirements include being between 18 and 55 years old, possessing a valid National Identification Number (NIN Slip), providing one contact person, having a verifiable residential address, and maintaining a valid 10-digit bank account number. Applicants are also required to reside in Nigeria and submit a duly completed application form.

The link circulating online is bit.ly/PettyTradersGrant, with a stated deadline of December 19, 2025. Nigerians are urged to remain cautious as authorities continue to monitor the claims and intentions behind this so-called support grant.

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