FG to disburse N5bn loans to 500,000 traders

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The statement read in part, “GEEP is a completely digitised programme where all eligible traders are captured into a database, verified via phone and facial recognition technology, and receive disburs

ements in mobile wallets.

“Over the next few weeks, a total of N5bn is expected to be disbursed through GEEP, reaching up to 500,000 petty traders nationwide. “With several states going on lockdown, petty traders and micro enterprises are hit the hardest as they live on daily incomes from trade. “These loans are to cushion the income losses, while also enabling these traders to serve their communities with essential items like food, hygiene products, and domestic supplies. The first phase of 100,000 loans has kicked off.”

It added that one of the rounds of disbursements had been carried out at the Obalende Local council development Area Community Market in Lagos.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

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Nigerian government

We received fake news and plans from fake leaders.... Their works are on papers not in reality...

Easier said than done.

Another coro mentality. Corruption all d way

Hmmmm dis naija na wa

All na media money no reach their hand

What are this people doing? What of people who are working in private firm and will not be paid this month or last month, because of no activities due to the LockDown why don't they want to give us money, or are we not Nigerians too?

Una don start again

This naija na film location I swear. They are about to act another drama of looting

Sinzu money wants to cash out again😏

Why federal government dey lie

FG to...it is not certain. And the worst part is that it will be give to Muslims in the NE who have no sight of investment.. In the long run the money will come back to the real business men. Na God dey do am for us.

We are finished

Another lies from the pit of hell!

AUDIO MONEY.. CRIMINALS.. APC IS A BIGGER SCAM

BAD PEOPLE, RESULT TO BAD GOVERNMENT. SEARCH YOURSELF.

When ,how ,Judasiscariot rest naa

Audio money

Them don start again

Another avenue to loot.

To traders? During a lock down? Lol.. We will be alright finally 😏😏

The speed with which the govt disburses the Covid-19 palliatives tend to convince one that the present govt. has developed 'accurate data', on most demographic aspects of our population. I will never believe it if in future, pleads lack of essential data for socioeconomic plans

I wonder why we can't be sincere in my country for one's... Must we lie over everything? When we start this lie people will now be tagging it politics.. Even in time like this we are waxing stronger in lies.. MijanaJ

Which means on average each trader gets what? N10,000 Principal and God knows how much interest. These politicians really take advantage of the illiteracy of the people

Stop lying FG.

Another ploy to siphon money again!!! Chai, this government ehn...

Wen u disburse money to traders then which money will the end users use to buy the goods. Do we think in this country

Here we go😥

This is the worst govt ever to showcase in Nigeria. They just have nothing to offer

This persons will sink this country. Use the 5 billion naira and make the trading conditions favorable. With that more persons will benefit. Roads. Electricity. Transportation. Health care all in place traders will smile more.

🤣🤣🤣🤣

Thunder have been On leave since it struck HNN.

Where did they get the traders,when many states are on lockdown?

Stealing is in their blood. God! I have never seen this back to back looting in my entire life . Nigeria is truly an animal kingdom

😊

Lol audio loan

They have come again !

iykimo They want to steal more.

FG this scam is getting out of hand.

Them don come again ooooooo

Why do we lament when we won't do anything still...

Na Audio

Audio money

Only God can save us now.

Dats a lie

FG shey una just dey whine us nii or..... ? Spending sinzu

Looting continues

Una mumu suppose don do

What is wrong? God why? Why did you ever allow this to be a country 😢😢

chai I don tired oooo different lies in the name looting treasury God dey oooo Apc government.

I don't think is carrying the correct news. Because am shocked, a right sensed government can't do this at this period. God, come help us yourself, the remaining 3 years of MBuhari that remains is like 30 years.

I love what I see. Milk the treasury dry. We all we suffer it. By June currency will be 1 dollar to 400 naira. You guys asked for it. The SW brought this Buhari. Tinubu there God told them Buhari is messier. Of all candidate, it's Buhari.

CAP

Thunder fire Dem.... Make Dem carry ham to der poorest northern side... Foolish governments

Am damn tired of hearing all this.😑

Who do this to us?

We are tired of these audio money

Please can we stop?

It should be grant tho🙄

Scam

FG are really insane who are the traders they give the loans to.... They are all SCAM and nothing more

Abegi

Lol the money has been looted already, shared among them selfs.. This are just formalities to justify the looting...

This people should stop siphoning our money in the name of covid19.Go to the international airports check their register and GI after all those who travelled to the infected countries during the outbreak, test and quarantine the positive ones and let the rest of us have peace.

Where are these 500,000? The ones at home or where?

Looters Association

Another big lie..cover to steal more public funds. Very corrupt government..another trader moni scam!!

How

4billion to buy cars for about 500 NASS rep. And 5billion for 500,000 trader loans....,.some citizens are more important than some.....we give less to biz and more to absolute frivolity ( wholly imported cars, no added value in Nigeria)............

This fraud eh

The way una dey spend this money, e go finish oooo

Nigeria is my country. Season of looting to our heinous leaders.

Saka maaje

They have come again to perform another wonders

Nigeria my country

So 10k per trader..what will they do with that?

Their fmt no dy finish

Loan ? Y’ll tripping For real

Bia this people should be very careful with me oooo unless

Yahoo yahoo government 😏

Who are these traders?

Audio loans

10000 to each person to start a business.... This people keep fooling us and we don't know...They just go behind laughing at us

Too many lies all the time. Lie, lie Ministers and government officials which one should the gullible ones believe? N700bn burnt in Accountant general's office or disbursement of N5bn?

How? And who are these traders?

Nigeria governments always have ways to do something upside-down.

One office go soon burn now. Abeg somebody should show me how to use emoji for tweeter oooo. I neva sabi am abeg!

Loans? When? How? To whom? Abeg make una dey go... Una too dey lie...

Another opportunity to loot. Criminals. They most corrupt govt ever seen in the history of this nation

Them don come again

They want to perform another magic this time Central bank office will be burnt down don't forget accountant general office Government magic --Fela Anikulapo kuti

10,000 Naira per Trader? Is this a Joke or what?!

Imamofpeace Have you seen this? Let's drag this guy pls. Next we gonna hear is the office got burnt again.

So they can trade while sitting at home. Lol

In the North i suppose🙄🙄

Which of the trader

Rephrase please: FG to give N5 billion loan to 500,000 traders mainly from the NW & NE geopolitical zones, with pockets of beneficiaries from the NC & SW zones.😊

This is SUPER STORY!!!!!!

Babaloja in General, ProfOsinbajo is about to resume his duty.

😂😂😂😂😂😂 this finance woman n Buhari must go prison yeeeeeee

Seeing is believing. Shameless government

this country is just a joke...sharing loan inside pandemic how do they pay back?

I still don't get what's going on 🤷‍♀️

Who do the women apply for this loan

Loans😂 hope it won't be disbursed from accountant General's office

Another Scam

Speak louder!! Can't hear u👂 bunch of Hippocrates

We know their best is to cut a knife through these loans and stuff it in their personal pockets. I also know a day will come when all they siphon will be useless to them.

How can I be a beneficiary?

Them don start again

Smile .. 🤣

FG to..... FG to...... FG to...... All nah lie abegi 🤥

Through BOINigeria or directly ❓ Bank of industry may, once get busy with this.

If you don't believe, you won't collect it either. Even if they give you Gold, you will say its fake gold. Sit down look and criticise people.

lol here we go again

I don't understand😂 HOW WILL SOMEBODY LOAN YOU YOUR PROPERTY playplaynigeria StayAtHome Covid_19

Stop this fake news ple

Ways of embezzling

Lmao, and you expect them to do what with the money now that they can't trade? You're only giving out loans to save you from having dead hungry people littering your country!

Na wa ooo. This one is right on our faces. Who is trading in this pendamic. Oh God... It gets worse by the day

All fake

That’s probably gon go in their personal pockets .

Govt don band tramadol, but still yet the govt na him dey consume contraband. Now see the effect, lie wey una know say e no go sell, bad market!!

D govt are d same with G-boiz, difference is the use of lap top. Just a bunch of scammers

For where

Audio ni

How does FG always share money or funds without the majority of the public/nation not getting anything but only on media.

Always future tense dat never happen more than half is going to there pocket

E be like say they want to tell us another story again o🎙🎶

That one don lost again

I believe if we get serious on this scam government on Instagram, Facebook and here this people will mend their way

They have come again oh !

Social distancing

Let's see it practically

Scam scam

Another ground for embezzlement continue o

E be like dis stuff no dey reach my side

Money Heist Season 5 episode 2

99.9% going to the North as usual.

Enough of this talk without actions jooor😏

Hia, during the pandemic? To trade where? The markets that have been shut down What is wrong with FG?

Lies! Thunder strike all of you.

Useless

ProfOsinbajo this looks like your area of specialty? Correct me if I’m wrong Won ti gbé nnkan tí e mó jé de

Do you believe the things you write

10k trader money 2. Clowns

Why this people lie like this.may God help us in this Nigeria oooo

Audio money chaii

Criteria no go let Adamu see 5k collect out of 5bn🤣😂

Another scam loading

Audio money

Thank God we all witnessed the trader moni, market moni, farmers moni, people said it was vote buying, now that its not election period, yet some morons will call it fake. Clowns everywhere

FG spending...kikikikiki

I just weak. I rest my case

At where?

Fake News why always being fake?

Audio audio everywhere audio

Season of looting

Point of correction. FG to give 5bn loans to 500,00 northern traders

These traders, are they in d market or in their homes since many markets are not opening? Coro has opened office for these looters again. This evil pple will not repent

By the time these people are through with Nigeria, whoever survives this poverty generating govt will be serious about elections & will think twice before voting.

God please forgive me, how did find me self in this Yeye country.

Guyyy!!! What’s this again Trader mini way them no dey pay back?

Until this country bleeds dry, these scums won't stop looting her

Another money to share among themselves

For we we You people should stop filling us,you just use traders to cover up.

Buhari wetin dey audiolate?

I swear...CORONA will definitely regret making Nigeria a destination

Active stealing 😁

Liesssssssssssssssssssssssssssssssss! this is Easter, APC repent

Billons just dey fly around... nawa ooo

Another platform to steal.. Bald and Bold and blank.. Aged but lies Aged but still loots Verbose write-ups.. Vague intentions

To Let Newly built 2&3 bedroom flat with modern basic facilities at Dove estate, Ajila Elebu off Akala express, Ibadan. Rent: ₦350k & ₦400k

When other countries are giving out money for free... Nigeria on the brink of collapse

Únà Don start.

Can FG just STFU let's breathe amidst all this lies.

Scam... Una no tire for dis things wey una dey post up n down

Covid 419 are here again.

So this government only know how to do fake giveaway aby

Where dis one for happen?

Hope this is not audio money

Happy looting year....

It's trader money this time😏scam Government 😏

🔇

Another one🤔

The same method of loothing

The best scammer of the year goes to the FG 👏👏👏👏

To party loyalists

Another scam

God go punish them. 20k to 1 million claimed to be poor. Now people who will do biz u want to give them 10k. Note you will see that this guys will not bring that money to the south. The thunder wey go fire this entire Govt dey do press up.

Una don start again abi?

To the North only

Loooool Nigeria na better cruise

Scam

Weldone another platform !!!! What a country

What a sweet dream 😂 😂 😂 🤣 🤣

See life. They don wire another Money on the name of traders. Scammers

They should continue o. Audio money.

Lol.. kai. Scam in another level

Audio loans...lol 😂 😂

This guys don come again with other plan

All the audio loans is increasing everyday,please govt help us and be truthful

Spending 😂😂😂

Conquer Coronavirus first

I dey here ooo!

FG aka criminals

At this lockdown period we don't like it

Audio

Them don start again mad HK of senior Yahoo boys, this format clear

By 2023.... Eyes go clear!!!

What's the loan for 😒😒

Them don start again

Watz wit diz apc govt and 10k package.

😀😀😀😀 audio money, since last month we don hear billions of naira tire, even our ear don blow, very soon they will tell us they have shared the 5billions complete to the traders 😀😀😀😀😀 foolish Nigeria

When this happen! Inside the lockdown FG you come again with your audio camera money noise

It's looting spree season, everybody just dey cash out!!!

Again Una no Dey taya

Lol.....FG thanks for the joke

🤣🤣🤣..jokes.

This is Super story, sit tight and enjoy the show 🇳🇬

This na wayo government, nothing good can come out of it. Government filled with lies and empty promises.

Tradi Moni people the only beneficiaries I guess.

Hm

Issalie

Another fraud about to be done. Nigerians need all the names and verifiable means of all this

5bn to traders that are battling with hunger

Everything nah scam

500,000 Ghost traders.

Una don start again 😹😹mad people,shey na people wey Dey lockdown they share money for like this💔photoshoot radarada,I will just cause federal government I swear

Lies

Audio

😂😂

Na audio!

Dem go hang the money on there shop door awon oloriburuku.

To do what with it? lockdown LockDownNigeria

What is about to loss don ready loss. Aiye akamara

Loan? hmmm

This guy's are not consistent. Today 5k, tomorrow 10k next tomorrow 20k.

stop being a political halelluia boy.... FG didn't do shit .. Now u've joined channelstv to sell lies to us in a daily rubbish

Fcmb 2200115017

Hmmm anoda

As in N10k per trader

50000 each. Nigeria is an extremely poor country

of what benefit is the loan when they are on lockdown?

Like they have a list of 500,000 graders they want to share money to....more Audio money

Enough is enough

Radarada !!!

For how long will we suffer like this ?

This government seizes every opportunity to scam the masses

10,000 naira each ... o ga oo

They will sell this country as last

Audio money

Don't declare which office the money is coming from else it's going to be razing fire in the next 12hrs

Scam... This administration should be probed

Audio loan indeed

His really sick upstairs people are dying of hunvid19 his there given loans biggest fool of our time

Sinzu money be spreading the dough to audio traders. Aboki wire wire. Dollar Emir.

Here go again

My mum is also a trader we are not seeing this money

corona business

They are here again /2ce Lord they are here again Holy Ghost come and take ctrl

Another scam.

Waoh!! Nice move!!👏👏

What are the criteria for the disbursement of the loan? Am interested

lie lie

Which FG.... Folarin Gabriel i guess

Traders that are on lockdown or in the market

That is serious scam

Awon Oniyeye government

another scam

Hmmm 🤔

Big Lie

Audio.

Audio loan

When

Lol

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