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1million Ebonyians tobenefit from federal govt GEEP 2.0 loan

From Zara Nwachinemere Abakaliki

About one million Ebonyians will benefit from the GovernmentEnterprise & Empowerment Programme , (GEEP) 2.0 loan.

The state commissioner for Human Capital Development andMonitoring, Mrs. Ann Enigwe, made the disclosure in Abakaliki, during excobriefing, at the old government house Abakaliki.

The Federal Ministry of Humanitarian Affairs, DisasterManagement and Social Development (FMHADMSD) on August 24, 2021 in Abuja,officially launched the Government Enterprise & Empowerment Programme(GEEP) 2.0 designed to provide access to credit for the poor and vulnerablepeople who are at the bottom of the economic pyramid, and are involved inactive commercial activity but have never had the opportunity to access FederalGovernment assisted loans.

The commissioner said that Ebonyi traders, farmers, singlemothers, divorcees will be among the beneficiaries.

She said office of the Minister, Humanitarian Affairs willcoordinate the programme through the National Orientation Agency, (NOA).

The commissioner appealed to Ebonyians to go to NOA officesaround them to register their names, adding that some people will get N300,000while some will get N50,000 depending on the business they are into.

“We are glad to announce the stepping down of Geep 2.0programme in Ebonyi State. It is government enterprise employment programmewhere our people will benefit including traders  and farmers. We haveother beneficiaries like single mothers and divorcees.

“Office of Minister, Humanitarian Affairs iscoordinating all these programmes through the National Orientation Agency,(NOA) we are using them as the (COMOS) in the 13 local government areas ofEbonyi state because NOA is known to be at the grassroots in all the localgovernment areas.

“They will be the ones to go down to the localgovernment headquarters, Development centers, market areas, churches, toregister Ebonyians who are interested in the programme. 

“Some will be entitled to N300,000, some N50,000depending on the type of business or farming the person is into.

“We are using this medium to appeal to Ebonyians tocome out in their numbers from September I. They should go to their localgovernment headquarters, Development centers or anywhere they can find NOAoffice and register their names, it is free of charge. We have provided NOAwith all it will take to effectively register Ebonyians.

“This registration will last for 20days starting fromSeptember I. After the registration, comes the implementation. The loan is atno interest rate and about one million people will benefit.

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