Apply For GEEP 2022: The Federal Government Has Announced That 98,000 Farmers Will Receive The GEEP Loans Ranging From N50,000-N300,000.

Apply For GEEP LOAN 2022: The Federal Government Has Announced That 98,000 Farmers Will Receive The GEEP Loans Ranging From N50,000-N300,000.

  

GEEP LOAN 2022

GEEP is a government initiative established in 2015 by the Federal government of Nigerian to accelerate economic growth in the country. It has helped many Nigerians grow their businesses. However, GEEP 2.0 loan is aimed to fund Micro, Small and Medium scale businesses in Nigeria which are the foundation of the country’s economy. 

The Federal Government in Wednesday announced that it is all set to launch the program (GEEP 2.0) in all 36 states and the Federal Capital Territory of Abuja.

The beneficiaries of the program have been identified She explained that under the scheme, 98,000 farmers and small business owners will receive interest-free loans ranging from N50,000 to N300,000. That means the federal government will provide N5bn in loans to the program.

Punch reports that the Minister of Mercy and Welfare, Sadiya Farouq, made the announcement through her aide, Nneka Anibeze, in a statement in Abuja.

The program will focus on creating jobs and supporting small businesses and the agricultural sector. 

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The Vice President Yemi Osinbajo, who launched the program, said it will run for three years and the funds are distributed among the states of the country.

GEEP has four different categories that will benefit every Nigerian.

  1. They include
  2. Trader moni loan.
  3. Market mini loan.
  4. Farmer mini loan.
  5. Npower programme.

How to Successfully Register & Apply for GEEP Loan 2022/2023

To register and apply successfully for the ongoing GEEP Loan either in form of Trader Moni, Market Moni and Farmer Moni.

Sincerely speaking the portal for Applying GEEP LOAN is yet open but it’s very soon to Open.

You should also click on the below link to visit the  GEEP LOAN for more light about the GEEP LOAN.

www.geep.ng

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