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Nairaland Forum / Nairaland / General / Business / BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay (16303 Views)
Success Stories Of BOI YES-P Loan Awardees / Boi/yes-p Participants In Abuja, Lagos, Ogun, PH, Jos, Yobe: Read this / BOI YES Programme: Was It A Scam? (2) (3) (4)
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Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by charlesona: 10:11am On Dec 20, 2016 |
dexter1983: The loan condition is hash. The first thing BOI said is beneficiaries will submit their certificates without any land as collateral, later, it was 1 guarantor, later 2 guarantors, later guarantors must submit their net worth forms with assets (landed and co..) declared, and......Last time I checked, those are the exact criteria to access loans from BOI intervention funds. THERE"S NOTHING SPECIAL ABOUT YES-P AND NEVER SAY YOU ARE SUPPORTING BUSINESSES, AFTERALL ITS A LOAN NOT A GRANT 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by CuteTj(m): 10:17am On Dec 20, 2016 |
@ Mavoro a.k.a (Jethrol...) I appreciate your efforts thus far on this BOI loan issue and I must commend you. As you have correctly said, why didn't they disclose the stringent loan conditions before they asked us to apply for the programme? It's going to be sad and a step back from the promises of the government about encouraging entrepreneurship in Nigeria. The FG & BOI have failed thus far. 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by tiwiex(m): 10:20am On Dec 20, 2016 |
chilet4cici: Double scam sef. I suspect they wanted people to submit ideas they can steal for their children and cronies who will definitely meet the requirement. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by tiwiex(m): 10:25am On Dec 20, 2016 |
chilet4cici: Double scam sef. I suspect they wanted people to submit ideas they can steal for their children and cronies who will definitely meet the requirement. The name of the program sounds 419ish sef. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by charlesona: 10:26am On Dec 20, 2016 |
metodz: Absolutely, in a recession and at a time things are tight, leaders must take the path of creativity for instance; I need 5 million, If my business plan is bankable, provide the minimum required amount say 1,000,000 to start then either disburse more funds as business hits traction or stop funding completely if certain milestones in the revenue projects cannot be reached. The certificate can comfortably cover that kind of arrangement. First the bank will play a supervisory and mentorship role either directly or through experience consultants which will make reduce the risk of failure, increase their experience and guide the entrepreneur gradually through his journey. Unlike the current system which assumes that having a guarantor will scare u into being careful with loan given...very laughable, indeed all businesses will succeed if it works like that. We need to learn from what America and China are doing. May I add also that, using guarantors does not guaranty any thing. can't funding be gradual and increased as business starts getting traction? and of caused st 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by CaptainRahl(m): 10:30am On Dec 20, 2016 |
@ Mavoro, Jethrolite & all yes-p participants You can take your protest to d next level by sending a copy of this letter to Sahara reporters, premium times, vanguard news, d twitter handle of d president, his media officer, Senate president, national assembly, ministry of Trade and Investment, ministry of finance, etc. You can't tell where your help may come from. Good luck! |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by charlesona: 10:40am On Dec 20, 2016 |
truthspeaks: I don't quite agree with you, the BOI YES-P for all intents and purposes is a good scheme but like most laudable ideas, the promoters and managers are the ones not being creative about its implementation. And that portends a serious danger to our economy as creative ideas capable of employing thousands within weeks may at best be dead on arrival |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Mavoro: 10:45am On Dec 20, 2016 |
CaptainRahl:Thanks for the suggestion, we are doing it already. 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by REXREGIS: 10:53am On Dec 20, 2016 |
dungburu:, at least people like me can agree that there are more meaningful issues to discuss, bigger scams and fraud that our youths need to confront instead of squandering precious productive cyber time Summersaulting over MMM. These are the kind of things we should expose and deal with on nairaland. 3 Likes |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by fayne(m): 10:58am On Dec 20, 2016 |
Government of the day with all their insincerity, deceit and lies. We heared about feed the school children program and what happened to it?Recession. We heared alot about BOI YES program and its still recession that affects it. Then we were told that government cannot finance the budget of 2016 because of the effect of recession as a result of low oil output, then it makes me sick to my stomach to actualy believe that our so called leaders, and planners who have attained a reasonable level of exposure and education, can not plan a budget that is realistic, a budget that can see the light of day and improve the life of the masses. Its such a shame to APC, a party i actualy never criticised because i see a glimmer ray of hope in. Well its such a pity. Surprise enough is the fact that our budget can finance travel allowances of the same so called leaders, their huge feeding and relaxing allowances, and so many allowances that enable them to loot the resources that is not available. God/ Allah dey watch them, we remain steadfast in our course for a better Nigeria, and forever we will stand Tall. God/Allah bless the hustles and strugles of the minds and hearts that seek for a true and better Nigeria. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Boomark(m): 10:59am On Dec 20, 2016 |
ZoneBslayer: Bro its not like that. For me, its about the kind of business I had wanted to do then which is different from what I want to venture into now. if such opportunity comes up again I will certainly be a beneficiary. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by skylm: 11:02am On Dec 20, 2016 |
This is a very sad development, but we have the choice to effect change or lie down and allow our efforts to be wasted by those who don't care about the sacrifice we made to get to this stage. The senate last week or so proposed to scrap BOI & put in place a more SME friendly development finance institution (DFI). I couldn't agree more, or else how could a bank be so inconsistent? Alternating from one opinion to another. It is now up to us to allow them take us for a ride or reclaim what is rightfully ours. This level of deception can't go free on a national scale & least of all to educated graduates enterpreneurs who hold the destiny of the country. The saying goes, you can deceive some of the people some of the time, but not all of the time. A hash tag #BOIYESPISUNFAIR has been created on twitter, all concerned can tweet & retweet their YES P experience to @Mbuhari @NGRPresident @NGRPresident @ngrsenate @akandeoj @mobilepunch @premiumtimesng & any other media agency to arouse d attention of the authorities. Thanks, remember, "together we stand, divided we fall". I have decided to write an article to further publicize our plight. You can all contribute by at least retweeting the tweets to the authorities. Thank you. 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by ATTAHDYE(m): 11:04am On Dec 20, 2016 |
Nobody will give you loan without securing it. If you are serious you will do everyhting to meet those conditions. If on the other hand you are just passing by , nothing for you. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Nobody: 11:11am On Dec 20, 2016 |
Youth Enslavement Scheme!!! Another govt backed Ponzi scheme.
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Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by fayne(m): 11:15am On Dec 20, 2016 |
ATTAHDYE: nobody is asking for a loan without security. All we are saying is this: the initial security was for the awardees to give their NYSC certificates. I understand that time changes, and so do people and institutions, but asking for guarantors with 5m isnt fair, because majority of the participants are not even seeking for up to 5million, and they want them to bring guarantors that are worth 10million. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Nobody: 11:18am On Dec 20, 2016 |
shift15: You are a fool... Can you guarantee someone and tender receipt to your assets... If you don't have anything to abeg swerve u think everything is about politics... Modafuka 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Boomark(m): 11:32am On Dec 20, 2016 |
shift15: Rented agent spotted! How much were you paid? How did you know that everybody in this life have at least 2 people that will guarantee them a 5 million loan? How did you know that 90% of those complaining have gotten guarantors? Don't present silly replies, I just need facts to the questions above. People like you are the type that engage in corrupt practices. They are very quick and have great affinity for anything that involves manipulation. By the way, all the people I know that benefited from YOUWIN are doing very well in their respective businesses. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Cuteamigo1(m): 11:45am On Dec 20, 2016 |
dexter1983:owk. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Sportize(m): 12:18pm On Dec 20, 2016 |
shift15:Wat is dis one saying? Smh |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Alumona1(m): 12:42pm On Dec 20, 2016 |
a dishonest scheme; a fraudswindle. nothing empowering about it, save from AMI's lecture, it was just aimed at empowering consultants, certificates should serve as collateral. 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by baba11(m): 12:53pm On Dec 20, 2016 |
...the same thing happened to her sister program:YIEDP |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by dyydxx: 12:57pm On Dec 20, 2016 |
Mavoro: ok. i can get a story written with the facts. do the editing and the social media escalation including the nairaland posting. i dont have the tools for the social media escalation. what's your email? |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Livyamalka: 1:47pm On Dec 20, 2016 |
Na wao.... In fact I don't even know what to say as I have been lost and confused ever since I returned from d in house training... Everything u said so far far is nothing but the truth... They don't know the impact they have added to our businesses especially those that doesn't even have wealthy people to stand for them... Where do they want us to get such requirements from? It's truly painful cos this was suppose to help build us not destroy us. 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by finesthaykay(m): 2:25pm On Dec 20, 2016 |
Why wait for 2-30days to double your bitcoin.When u can double it up in 40hrs and Make 5% of ur capital every hour.You can withdraw hourly https://stancebit.com/?ref=Finesthaykay 08031558701 Still paying |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Mavoro: 2:29pm On Dec 20, 2016 |
dyydxx:I am already managing a campaign on Twitter, Facebook, websites, newspapers and whatsapp groups. I had to appoint an admin to help with Northern Nigeria participants. If I add yours I won't be able to manage it as I would love to. Just search for your mates, there must be an outstanding person that can have it done. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Adeiza5522(m): 3:39pm On Dec 20, 2016 |
pls bro I don't mean to discredit ur post. it seems u never took time to read through the terms and conditions. I wanted to apply initial, when I saw those conditions, I opted out. it was even two guarantors worth 10m before. there is change for u ooo. never give in towards your dream |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Boomark(m): 4:30pm On Dec 20, 2016 |
Adeiza5522: Around which month of the year did you try to make your application? That will determine if its cohort 1 or 2. You opted out because the program is discouraging. This is why we want Mr President to give us a good intervention program. We want him to support us so we can also support him. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by intruder15(m): 5:01pm On Dec 20, 2016 |
Jokerman: that freegels sef. bought at 50 yesterday. once I hear 100, I run away till I hear 50 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by justli: 7:58pm On Dec 20, 2016 |
Yes-p, one program set on a faulty ideals... I remember asking the boi lady during the in-house training, the credibility in asking budding entrepreneurs that they are supposedly providing assistance to, to provide 2 guarantors of average net worth of 10M? I asked her how exactly does that amount to helping us when obviously these conditions are not feasible, and in reality some peeps just needed less than 1M to kickstart? expectedly, she simply ignored me, making the excuse that if i want to seat back and scrutinize the bank's well-thought-out model for the scheme, then she has no answer for me. further attempts to get her attention was completely ignored. rather than just passively lament our ordeal and shrug in helplessnes, we can all give credence and force to the campaign on twitter by adding our voices and twitting our experiences. 1 Like |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by jpphilips(m): 8:18pm On Dec 20, 2016 |
Mavoro: Nigerians hardly approach the courts why? |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by jpphilips(m): 8:33pm On Dec 20, 2016 |
fayne: You expect a government that is running a budget deficit to dole you money for buisness with no serious strings attached? You are complaining about the government, when will you start a campaign against pipeline bombing, to bereft your government of excuses like the CJTF is doing against boko haram? When will you campaign against traders who have hiked prices for flimsy reasons? Government is not a celestial feeding bottle if you don't complain about things affecting the Government, you have no right to tell us how the Government's response affected you. You cant approach the courts, you can't organise a protest, not even an ordinary rally, you come here to rant away your laziness. Sleeping Youths complaining, continue sleeping, hunger will wake you soon. |
Re: BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay by Sportize(m): 6:51am On Dec 21, 2016 |
jpphilips: Your stupidity know no bounds... Nigeria has over 150million people with different issues and problems on daily basis, you as a person wch 1 have you solved? Who asked the government for a program they cannot keep up to the terms.. Going to court, yes but what happens to taking a step at a time Nobody woke up one morning and decided to complain about Boi nd yes-p out of fun... We are talking about 6months of intensive time and financial consuming tasks that we were put through for nothing or we see nothing coming out of it... Well FYI online here is how much our resources can carry us, since u know so much, why not push the case further... We would really appreciate 1 Like |
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