₦airaland Forum

itzeminent:
Rubbish Programme. No beneficiary yet.

lol

skylm:
Thanks my brother. By those guys reach a certain stage, they will know that it is as they imagined.

You truly know what's up, no one cares about us. Everyone else is making money aside us for whom the programme was created. BOI staff, learning consultants, hotels, transport companies, logistics companies. Every one else has made money except us.

But we will not go like that, we must realize we have also invested time and money in this programme. In my case, over 3 months spent doing assignments, writing tests and examinations. I traveled away from home for a week, fed myself and lodged in a hotel. No, I won't go away without letting the government know this is wrong. We are educated and must act as such.

Hence, if there must be a guarantor then the federal government should be our guarantor. Start sending tweets and messages to PMB on Twitter and Facebook. We must let them know nothing was said about guarantor in the beginning and that status quo must be maintained. We must campaign and campaign hard until the Federal Government orders BOI to release money to us.

The campaign starts now @Mbuhari, @NGRPresident, @BOINigeria.

There is a whatsapp group from where we can coordinate ourselves. If interested in joining please PM me so I can add you. Please spread the news. So we can send protest tweets daily until we get our money. If we do not fight, not a single person among us will access the money. Share on Facebook and whatever other groups already exist.

edoman2016:
This is so bad for BOI. It is a slavery relationship between us any them. Can't they emulate what CBN did for NYSC corpers in YEIDP? CBN had to change their guarantor conditions when they discover that it's too strict and later make it easy for them so that they can access the loan to fund their businesses.
Federal government made a huge mistake in partnering with BOI for the yes-p. BOI is just like commercial banks ready to frustrate beneficiaries of the loan. What made youwin Programme of Jonathan a success was because federal ministry of finance personally handle the disbursement of funds to winners. They did not partner with any banks. They did it themselves so all this stringent conditions would not come up.

Now you are talking, we should look for a way to stop it and make them revert to the original arrangement. We have to write a strong plea to the president. Everyday on Twitter until we receive a positive reply.

Sportize:
Ps. Before you take that form to anybody at all, ask your self 'if you were in the position to be a guarantor, will u sign such a form?

This is the true litmus test. Ask yourself if you will sign for anyone. I have even gone further to know BOI does not need any property receipt, but a bank account they can seize funds in and deduct their capital.

I kind of support the idea of protesting online though. If we can mobilize enough crowd then we should start the campaign.

Adulphus:
I personally went to BOI office Enugu Branch to be precise and I was given the list of things to provided.

Did you see me replying anybody? Those who are slow but think they are fast are here trying to tell me I am saying what I do not know. I went as far as calling the regional manager of South East for BOI yesterday to tell him my predicament with getting guarantors and told him every other requirement was in place. All he did was to encourage me not to give up as I had come a long way.

All these people on top are talking like accepted business plan means you will get the loan.

My sources are Mr. Oghomi and Mr. Obaro. If you are truly a participant in the South South and South East, you must know them. Go to the whatsapp group created by graddev, the place is deserted. I can not put 2 of my loved ones in distress because of greed to collect loan.

This is one of the worst times to start a business in Nigeria especially with a loan. As for those who are saying we are making stories up, ride on and I wish you the best. Eventually, you will come to the stage where those of us who have thoroughly done their assignments are. Do not prepare your guarantors and let me see how BOI will disburse loans to you. As a matter of fact, I want to see that person that is conscious of what they are signing and actually become your guarantor. I just need to see 10 startups who actually got the loan from the 1200 of us who made it and I will agree I did not put in enough effort.

Rhard:
dont ever be discourage by what confused managers are saying here,some of them have not,registered their biz let alone submitting their biz plan to Boi,there are here narrating war story which they don't know about,they have not see the the guarantors form let alone speaking with relation officer assigned to them,they are confused set of people and complainer and tales bearer.instead of YESP participants to channel their grievances to the right direction to get positive response from the govt or Boi just like what Youwin3 did,they protested in Aso Rock 3days they were paid their money,immigration applicants which buriah canceled when he came into power,also sleep in aso rock gate for complete 3days they were absorbed into immigration service, recently FACON protested in national assembly and vow to protest inside aso rock villa and even seized their triumph,now they have been paid with bonus and entitlement the money that was not available later come out,In Nigeria only the violent takes it by force,if you don't protest nobody will know your suffering,it a very good tool to get the attention,when u go to our whatsap group chat unserious and unreasonable set of people posting useless and nonsense information.as confused and stupid they are they want to lure the intelligent ones in their confuse state. i want us to know that in corrupt country call Nigeria people have gotten their demand through right approaches not lamenting or wailing.we are 10 in my LGA all of us have submitted our loan applications to Boi and Relation officers has been aasigned to us each so be encourage and determine to do it,YESP is National program supported by federal govt and handle by Boi u shld understand what i mean.As for jethrolite and Co i will address them later.

No need to address me, I've moved on.

Sportize:
I have always summon courage to look beyond the down side and push on to get this loan but honestly, strength keep failing. Obviously these people know this program is heading to a brick rock if dey think 20% of participants can meet such unbelievable requirements... It pains me for d time spent and it's not even about these requirements that pushes me off... It's d fact that one is not certain of what to expect if you end up with d loan, interest rate, loan offsets, visiting business sites etc all these may very well not be as they describe during d in class training.. I suspect there are more hidden vital tricks with Boi.. For me, am taking a walk nd I won't advice any one I know to part take in this

Well said.

dexter1983:
The pain is why do you have to lie about the conditions and allow thousands to come in before introducing a major condition only 2% of participants can meet. They should have made the two 5m guarantor security public from day 1.

Very true.

dexter1983:
I know many after giving all that are now discouraged and tired of the programme due to some of these new conditions by BOI. Programme like this should be handle by Federal govt. BOI is no different from commercial bank. They are not doing any thing different.

Only God can help us. It is really sad. I'm virtually stuck with getting guarantors. I said it earlier that this programme will fail. Even the FG knows this and it is the reason BIG was started. God help me though because I must collect the money.

I think you should reduce the loan amount you're requesting for. To this point, the guarantor requirement that has been asked of me are guarantors worth N3.4m each presenting a notarized statement of net worth. Nothing was said about dropping land receipt.

bibinwaka:
house is so quiet. @

I was banned when I replied to the questions directed at me on top. Ban expired yesterday.

Hello

If you sell, let me know. I need it tomorrow in delta state.

infotainment:
copy as sent to me by one of us in cohort 1.

Oh thanks, BOI directed me to their yesp website to download it.

shesAgem:
I would not call it a failed programme. The training
The Big Gem just seemed like a bonus since it is a grant, that is why I posted it. Cheers.

I sent my loan officer a message about the tax clearance issue and he said my guarantors should provide a notarized statement of net worth. I'm back to collecting N3.7m.

shesAgem:
I would not call it a failed programme. The training we received will forever be useful and if you meet a BoI official who explains all the steps to you, you will find that things like your guarantor having minimum N5m net assets etc are really just rumours.

If you have any requirements discouraging you from applying, I would suggest booking an appointment with a Bank of Industry officer and getting clarification. That is what I did. In fact, once you are done with your market research and costing, do so before doing anything else.

The Big Gem just seemed like a bonus since it is a grant, that is why I posted it. Cheers.

my business plan is for N3.7m, do you know I can't even find one that meets the bank statement and tax clearance criteria. Especially the business men I know. Non has tax clearance. I am currently thinking of reviewing it down to N1.2m so that virtually anyone I know in government or private sector can become a guarantor.

As for saying its a failed programme, you should try visiting any group on whatsapp and Facebook and see what winners are saying. If we can't access the loan, our knowledge will eventually fade away. The federal government knows this and this is the reason I am sure BIG was introduced.

Next year just watch the turn out of applicants.

Cadamlk:
I wonder why PMB did not include this guy in his cabinet.

Because he left to PDP, ribadu's case is very unfortunate.

They should die in peace and leave us alone.

shesAgem:
If your business is in the following sectors:
Construction
Entertainment
ICT
Hospitality & Tourism
Light Manufacturing

Apply for the BIG GEM Grant to get up to $50,000. The project is implemented by the Federal Ministry of Industry, Trade and Investment (FMITI) and supported by the World Bank. Apply here: https://bigportal.org.ng/

Registration closes on 15th December 2016.

Thanks for this information. Good thing the federal government did this because YES-P is a failed programme. By this time next year it will become obvious.

dexter1983:
THIS IS THE CORRECT ONE.

Thank you Jesus, my heart don take style cut. I already shared my guarantors form.

eRex:
Hi here is a golf 4 V5 for quick sale..
Auto Gear.
2.0 Engine
Ac factory
Sharp movement.
Owner wants a bigger car..

Call 08099448310.
Location! Ikorodu Lagos
550k

Please can I know how much this car was sold for?