Buhari regime rolls out GEEP for poor, vulnerable Abians
The regime of President Muhammadu Buhari has rolled out the Government Enterprise and Empowerment Programme (GEEP) 2.0 in Abia State.
GEEP is to assist the poor and vulnerable, Sadiya Umar Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development, said during the launch in Umuahia.
The minister, who was represented by Nkechi Onwukwe, Director, Special Needs, said the programme was designed for vulnerable and low-income Nigerians.
She said the programme is for those who are involved in commercial activities cum capacity but have never had the opportunity to access loans.
She explained that it was meant to give priority to the most vulnerable in society such as widows, youths, disabled and the displaced amongst others.
“GEEP is captured in three signature schemes namely the TraderMoni loan of N50,000, targeted uplifting under-privileged and marginalised youths between the ages 18-40 years.
“Market Moni, an empowerment programme designed for under privileged and marginalised women – widows, divorcees amongst other vulnerable groups.
“Then FarmerMoni loan scheme which is equally designed to provide agricultural inputs worth up to a maximum of N300,000 to rural farmers,” the minister said.
Ms Farouq explained that about 20,722 potential beneficiaries were registered across the 17 council areas in Abia, out of which 4,144 were selected after verification.
The successful beneficiaries of the programme will start receiving credit alerts from Access Bank immediately after the inauguration on Saturday, she said.
She said that the programme was a consolidation of the National Social Investment Programme (NSIP) designed by the Buhari regime.
She said that the programme was being implemented in close partnerships with the State government as a clear demonstration of collective commitment to address poverty.
The regime also launched the disbursement of grants of N20,000 each to 3,107 beneficiaries across the 17 council areas under its Grant for Vulnerable Groups (GVG) programme.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Anti-Corruption
AGF warns treasury managers against looting, corruption
“We must remain watchful against the threats of corruption, fraud and financial mismanagement,” said the AGF
Economy
German export expectations fall for first time in three months
The ifo export expectations fell to 2.0 points in April from 1.2 points in March.
Anti-Corruption
Nigerian customs, port officials collect bribes; smuggled goods easily enter seaports, cross land borders: Investment Report
Businesses reported that bribery of customs and port officials remains common and often necessary to avoid extended delays in the port clearance process.
States
One killed, three injured in Kaduna auto crash; N8.7 million recovered: FRSC
The sector commander, Kabir Nadabo, said on Thursday in Kaduna that N8.7 million was recovered from the accident scene.
Africa
Widespread government corruption going on in South Africa under President Ramaphosa: U.S. Govt
The report alleged that the South African government did not take credible steps to investigate, prosecute, and punish officials.
Lagos
Lagos civil servants with N35,000 salary now earn N170,000: Sanwo-Olu
Governor Babajide Sanwo-Olu said the civil servants began receiving the new wage in January.