• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, September 25, 2023
NewsOnline Nigeria
  • Latest Posts
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Education
  • Sports
  • Lifestyle
  • TV Station
No Result
View All Result
  • Latest Posts
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Education
  • Sports
  • Lifestyle
  • TV Station
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Latest Posts
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Education
  • Sports
  • Lifestyle
  • TV Station

BREAKING: FG Resumes Disbursement OF N50000 To GEEP 2.0 Beneficiaries

GEEP stands for Government Enterprise and Empowerment Program.

by Justice Winner
May 28, 2023
in Headline, Jobs & Opportunities
GEEP 2.0 Beneficiaries

GEEP 2.0 Beneficiaries

FG has resumed the disbursement oF N50000 to GEEP 2.0 Beneficiaries.

 

NewsOnline reports that following the approval of the outstanding payment of NSIP program beneficiaries by President Muhammadu Buhari, the Federal Government has resumed the disbursement of N50,000 To GEEP 2.0 Beneficiaries.

 

ALSO: Npower Nexit Applicants Seek Answers Ahead Of May 29 Handover

 

The Nigeria GEEP 2.0 program is a government-led initiative that aims to provide interest-free loans to small business owners, traders, artisans, and farmers in Nigeria. GEEP stands for Government Enterprise and Empowerment Program.

 

READ ALSO

PDP Links Supreme Court Fire Outbreak To Atiku, Obi’s Appeals

APC Youth Leader Begs Atiku To Withdraw Suit Against Tinubu In US Court

Ondo Assembly Commences Lucky Aiyedatiwa Impeachment Process

BREAKING: Governor Sanwo-Olu Re-Election Upheld By Lagos Tribunal

GEEP 2.0 Beneficiaries

The program is part of the Nigerian government’s efforts to drive economic growth and reduce poverty by providing affordable credit to small business owners who often struggle to access financing from traditional financial institutions.

 

The loans under the GEEP 2.0 program are disbursed through a digital platform called the Government Enterprise and Empowerment Program (GEEP) Portal, which is managed by the Bank of Industry (BOI), a Nigerian development finance institution.

 

The GEEP 2.0 program offers three different loan products: TraderMoni, MarketMoni, and FarmerMoni. Each loan product is targeted at a specific group of beneficiaries, with varying loan amounts and repayment terms.

 

The TraderMoni loan is targeted at petty traders and artisans, while the MarketMoni loan is targeted at small business owners and the FarmerMoni loan is targeted at smallholder farmers. The loans are interest-free and repayable over a period of six months to one year.

 

The GEEP 2.0 program has been lauded for its efforts to support small businesses and reduce poverty in Nigeria. However, there have been concerns about the program’s sustainability and the need to ensure that the loans are disbursed fairly and transparently.

Previous Post

Npower Nexit Applicants Seek Answers Ahead Of May 29 Handover

Next Post

BREAKING: SERAP Urges Bola Tinubu To Make His Asset Declaration Public

Justice Winner

Justice Winner

Justice Winner is a Veteran Nigerian Journalist With Expertise in Writing Nigeria News, Entertainment and Politics. He has a degree in Journalism/Mass Communication Studies. Justice is a dedicated and talented writer committed to producing high-quality content that is authoritative, informative, entertaining, and engaging. Connect with Him on Instagram , Facebook, Twitter, and LinkedIn.

Related Posts

Supreme Court Fire Outbreak
Crime Watch

PDP Links Supreme Court Fire Outbreak To Atiku, Obi’s Appeals

APC Youth Leader
Headline

APC Youth Leader Begs Atiku To Withdraw Suit Against Tinubu In US Court

Lucky Aiyedatiwa Impeachment Process
Headline

Ondo Assembly Commences Lucky Aiyedatiwa Impeachment Process

Next Post
Bola Tinubu

BREAKING: SERAP Urges Bola Tinubu To Make His Asset Declaration Public

Trending Posts

Mike Adenuga

Mike Adenuga In Spotlight Over $260 Million Debt, Bribery Allegations

Naira

Black Market Dollar To Naira Today, 24 September 2023 In Lagos & Abuja

Tinubu

Tinubu Government Launches NATEP Youth Employment Programme

Enugu-Port Harcourt Expressway

BREAKING: Bridge Collapses On Enugu-Port Harcourt Expressway

APC Forum

APC Forum Warns Wike Against Actions Inimical To Party, Region’s Interests

Naira

Black Market Dollar To Naira Today, 25 September 2023 In Lagos & Abuja

Tony Elumelu

Tony Elumelu Expresses Confidence In Naira Stability Amid CBN Leadership Change

Akwa Ibom Governor Eno

Akwa Ibom Governor Eno Under Pressure To Share Money Or Risk Second Term

Governor Sanwo-Olu

BREAKING: Governor Sanwo-Olu Re-Election Upheld By Lagos Tribunal

NLC

BREAKING: NLC Speaks On Commencing Nationwide Indefinite Strike

ADVERTISEMENT

ABOUT US

NewsOnline Nigeria is Nigeria’s fastest growing trusted independent online newspaper covering Africa’s socio-economic issues, trades and investments; it provides informed perspectives on economic and political events in Nigeria and Africa at large.

Relevant Pages

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

Reach Us

6th Avenue, Festac Town, Lagos

+234 816 184 6326

[email protected]

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: [email protected]

Copyright © 2023 Newsonline Nigeria

No Result
View All Result
  • Latest Posts
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Education
  • Sports
  • Lifestyle
  • TV Station

Copyright © 2023 Newsonline Nigeria