FG to disburse interest-free loans to 98,000 farmers, traders | TheCable

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The federal government says it has concluded plans to give interest-free loans to 98,000 beneficiaries of its restructured Government Enterprise and Empowerment Programme (GEEP), known as GEEP 2.0.

According to NAN, Sadiya Umar Farouq, minister of humanitarian affairs, disaster management and social development, made this known in a statement on Wednesday.

She further said that all the beneficiaries of GEEP 2.0 would receive congratulatory and sensitisation text messages in the coming days informing them of their qualification.According to Farouq, the money given to the beneficiaries of the empowerment programme is a loan and not a grant and must be repaid within nine months.

“It also covers persons at the bottom of the economic pyramid, who are engaged in small scale commercial activities under its three flagship schemes.“Tradermoni targets uplifting under-privileged and marginalised youths aged between 18 and 40 years in Nigeria by providing them with loans of N50,000. “While FarmerMoni is for Nigerian farmers aged between 18 and 55 years in rural areas that operate in the agricultural space.”She added that the scheme had 12 months, including three months moratorium and nine months repayment period.

 

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Sadiya_farouq FMHDSD Good innovation by the government, I hope the money gets to the real people who are really in need of it. Pls ooo make una no loot this one abeg. For travel tips, Hotel booking, visa procurement, ticket booking, student visa application, self application, send me a DM now

Sadiya_farouq FMHDSD Seriously

Sadiya_farouq FMHDSD The fleecing of the southern resources by the fool-anis continues with no end in sight. EndNigeriaNow

Sadiya_farouq FMHDSD NDI oshi

Sadiya_farouq FMHDSD I farm ginger and tumeric. I need sponsor

Sadiya_farouq FMHDSD Farmers abi family and friends

Sadiya_farouq FMHDSD They should consider poultry farmers, those guys pass through a lot.

acresofsaphire Sadiya_farouq FMHDSD How about the farmer loans they refused to repay. Who's going to bear this new loans. Just tell us you are just dashing them money up north for elections. Fools.

Sadiya_farouq FMHDSD What are their names?

Sadiya_farouq FMHDSD Money sharing minister. This lady has never discussed an issue in a seminar to prove her competence for her position

Sadiya_farouq FMHDSD There are some Nigerians who will shout wolf but go behind to access the interest-free loans.

Sadiya_farouq FMHDSD There are Nigerians who will about wolf but will go behind to collect the interest free loan.

Sadiya_farouq FMHDSD Unah too lie, Tufia

Sadiya_farouq FMHDSD Ghost farmers.

Sadiya_farouq FMHDSD Criminals in disguise... Fulani's are only good in two things ' Corruption and Destruction'.

Sadiya_farouq FMHDSD Campaign don start

Sadiya_farouq FMHDSD Help shout ole!

Sadiya_farouq FMHDSD It's election time

Sadiya_farouq FMHDSD No be she dey owe Npower people?

Sadiya_farouq FMHDSD Elections us around the corner, time to start to monetised the few electorate. I am a farmer but am very sure not every practising farmer would benefit from this handouts.

Sadiya_farouq FMHDSD Them one tif money again

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