₦airaland Forum

Lesgupnigeria:
I hope this will be helpful for people looking to access loan for agricultural business


Finally the Central Bank of Nigeria has published the procedure for accessing the fund. Find text below.

1.0 Is your business in any of the following areas?
. Agriculture
. Manufacturing
. Cottage Industries
. Artisanship
. Services
. Trade and general Commerce
. Renewable energy/energy efficient products and technologies
. Other income generating projects as may be prescribed by the CBN

2.0 If “Yes”….
2.1 Prepare your business plan or statement on how much you want for your business
2.2. You can get loan of up to:
(a) N500,000.00 for your micro-business; and
(b). N50 million for Small & Medium Enterprise (SME)

2.3. Go to your bank or any of the following institutions to access the Fund:
. Microfinance Banks
. Commercial Banks
. Cooperatives
. Finance Companies
. NGO-Microfinance Institutions
. Development Finance Institutions, i.e. Bank of Industry and Bank of Agriculture

3.0. Tell your bank how much you need

4.0. Your bank will discuss your request and provide you the money
4.1 The maximum interest rate of 9.0% p.a (charges inclusive) is applicable to all loans

5.0. Period for the repayment of the loan:
a) For micro business, it is a maximum of one year
b). For small and medium enterprises, it is a maximum of three years

NOTE: 60% of the Fund is reserved for enterprises owned by women; 2% for persons living with disability and 10% for start-up businesses.

There have been reports of bank branches claiming ignorance of the fund. In that eventuality or for more information, please send e-mail:
msmedf@cbn.gov.ng

Super1Star:
Awon were,

who cares?

You did same to fashola. You did worse to Buhari. In all, God has been greater than you. Shameless set of deluded people.

If you cannot stand the demolition of those shanties of 2by2inches shops, find your way to Ariara market. I thought you said Lagos is no man's land!!!
We shall see shebe all of us are still in nija .
All those haters of ndigbo wud pay one way or the other
U guies smile now we will see who will smile last .

By the time he is done with you, you will know that Oduduwa is superior to Nri and Amadioha is not in the same class as Shango.

irunooboo:
How do Gej and other PDP members sleep at night with all these massive looting they supervised for so long? Instead of defending the country's treasury from political wolves, Jonathan turned a blind eye to their activities while deceiving the citizens that he will fight corruption with technology as if the technology will not be operated by the same corrupt thieves. Jonathan is worse than cancer. Wicked thief from OTUOKE. Shame on him and his followers

OGACLO:
Well deserved..............congratulations to him

PDP take Bayelsa make APC take rivers to make the score 1-1
My take

Bigmarx:
because you don't need to think deep to become successful

knightsTempler:
Dear Maximum Ruler Buhari,

The peopleof Bayelsa refused to be distracted. Not by the arrest of Olisa Metuh, not by the initiation of Uche Ekwunife and Jim Nwobodo into the coven of witches.

Now, Bayelsa has decided. As you wait for Abuja to cook the figures, remember that the good thing about food is that there is a limit to which you can add spice. Too much maggi, too much pepper and na only you go chop am be that.

Even jollof rice is not THAT forgiving.

What am I saying?

The will of the people has been sealed in Bayelsa. Tamper with it at your own peril.

Charge Olisa Metuh to court or grant him bail. After you were overthrown the first time and the SSS dungeons were thrown open, a lot of Nigerians whom you had wrongfully held without regards to due process and the rule of law finally reunited with freedom once again.

Learn to respect the judiciary and #FreeNnamdiKanu.

It is wrong to repeatedly disregard court orders. When the judiciary decides to pick up their flattened balls, you would have thrown this nation into anarchy.

This is a democracy and not a militocracy, charge Dasuki to court. Yes there are "2 million people in IDPs" -flawed statistics, kindergarten reasoning - but for as long as you are operating from the realm of conjecture and trusting the media persecution to find the accused guilty in the court of public opinion, you also have to work within the ambits of the law.

You are supposed to be the ultimate custodian of the rule of law.

As you kill the Nigerian economy and strive to break the Nigerian spirit with your tyranny, let it be known that you can only push people this far and not a step further.

Look around you and see...

Only the #ZombieJollofEaters still show any sense of excitement when this inconclusive administration is mentioned.

- Viola Okolie

phemmyutd:
.what can you say about this?

Brass - pdp 5
Gej unit - apc 0

dominique:
Just get over yourself and see how a huge number of Nigerians are living. I have lived in the North-Central and food is very cheap there. That money can feed you for an entire month if you don't spend it on frivolous items. N5,000 can buy a paint plastic of rice, beans, garri, two tubers of yam, fish and stew sauce. So a family of four can't survive on those for a week? Let's not fool ourselves and assume that everybody is living in a lap of luxury in this country.

glimpse33:
F**k Daht Shii

dominique:
Money that can modestly feed a family of four for at least a week. I wonder what the active ingredients are.

glimpse33:
Every Snack Was A Hit Back To Back, From Doughnut to Puff Puff to Egg Roll to Meat Pie. Iyalaya Anybody, Cake Ti TakeOver.


If You Want The Flour, Come & Collect It

RichDad1:
more

The Boat?
Sophistication in full effect.

YoruBanger:
If as you observed Yorubas are also affected, and "Igbos are already moving to the new shops", why then are you all crying more than the bereaved? Must you whine and play the victim about everything? ?

YoruBanger:
Smh. You people and your bad belle. Ibadan no worse reach this Ohafia Abia pix though.

Lytech:
And some nairalnaders are clamouring for the release of Kanu and Dasuli....

MXrep:
Abia has more industries than anambra, Aba is the most industrialized city in SE/SS (non oil) so if Onitsha has these how much more Aba. Also ur inclusion of Akwa Ibom shows the level of ignorance among yoruba ppl regarding what is happening outside their region.
Meanwhile, still on anambra, let me show a bit of Nnewi, parading probably the highest number of indigenous industries like Innoson, Ibeto, Chikason, Ogbuawa, Louis Carter, Cutix Cables, the list is endless

Reekadict04:
Korede Bello is the only new talented artiste in the Mavins team.

To all those who thinks Don Jazzy Made him, Search for Korede Bello - I love Naija & 4eva.

Those were super songs from the lad years before he got signed with Jazzy.

As of Di'ja and Reekado... Dere z Nothing Special about them!!

Finally to all taking sides in the Olamide Vs Jazzy Beef, Let's take one of them from the industry and let's think of who we'll miss most.

#FACT We're all mostly from the streets. Once Street music is out, the rest is wash!

sickstars:
No not cos ola said so but cos he disrespected one of their hommies

Even politicians don't underestimate the power of the street cos dats where dey get their deepest love and support from

So wen u disrespect one of their own they direspect u period!

Toks2008:
"You shall not make for yourself an
image in the form of anything in
heaven above or on the earth beneath
or in the waters below.

Exodus 20;4

20bc:
[color=teal]Oga Ben please let me Bruce that your daughter na......

I will give her 9months of uncommon change.


Am just making common sense [/color]

emusmith:
There is something called, "Waste".

omonnakoda:
what infrastructure was there in the first place.tell us

lastmanstandn:
Buhari, Our National Interest and Court Orders
A step below President Buhari's present level of high-handedness only brings us back to the era of impunity that we voted Jonathan out for.
Nigerians are very forgetful of the past. Nigeria, under the watch of the Fmr President, could not successful keep terror suspects in custody because prosecutors failed to prepare a case. We had a system where court orders and injunctions stalled corruption cases and made a mockery of our fight to defeat corruption and insecurity across the country. This time, we have an executive that is willing to stretch its constitutional powers to keep Nigeria safe and recoup stolen fund, yet we're starting to paint the President as a dictator.

Kanu is a threat to our national security. In advanced societies, suspects are detained for issues as trivial as traffic offence to keep them in custody while a stronger case is put together, why must Nigeria be different? Societies with strong intelligence communities engage whatever means is takes to keep terrorists and extremists out of circulation, must ours be different? Indeed, there are global concerns with regards to ethical issues in national security and intelligence activities of nations; developing countries should not be singled out as if we are the only ones involved in such. Indeed, the primary responsibility of government is to ensure its people live neither in fear of terrorism, external aggression nor poverty and other factors that undermine their peace and safety while it also sustains the fundamental rights of its people. However, many advanced nations have passed through periods of national crisis when liberties were exchanged for greater security, the balance between both being restored after such crisis, and Nigeria is at that point right now.

Within the last 10-15 years, advanced nations have defied international charters against enhanced interrogation techniques, illegal rendition, detention without trial and all sort of measures all for the sake of national security. We have not resorted to this yet you're starting to paint us as bad. We have not rendered our terror suspects to Niger, as you did render yours to Egypt for torture, we have not built illegal detention facilities in Chad, as you've done in Cuba, Kanu has not accused our security agents of subjecting him to waterboarding as you've done to many of yours, so what is the fury about? We understand you did what was necessary for the safety of innocent people, just as President Buhari is doing the same. Nnamdi Kanu's illegal entrance into the country with equipment for the purpose of undermining our national security is enough to get us worried, and get a responsible President to act.

On the NIMASA ex-DG and Arms thieves, I doubt if there is any law in Nigeria or anywhere in the world that restrains the authorities from re-arresting a suspect on different charges after he/she has been granted bail on others. Hence, we do not have to blame the President for identifying measures within our laws to use against corrupt public office holders just to keep them from jumping bail. We had a soft-spoken, gentle-looking President whose lame duck attitude cost us $2.1 billion meant for the war on terror and drove us where we are today, but we have moved on. Now we have a stronger, more willing leader in President Buhari and the best we can do is support him to do whatever is right and just to keep us on the path of prosperity and security again.

As Nigerians we must understand that security is a collective task that requires the mutual cooperation of every citizen, and the understanding that our liberties will not be compromised as long as we remain law abiding and do not act in ways that endanger others, as Dasuki Sambo and his partners are alleged to have done to our soldiers and our countrymen up North. We need to understand that a man that literally sneaked into the country using unconventional methods can sneak out using same methods; that we lack the intelligence capability to keep tabs on all suspects, and just like in past cases, corrupt public office holders may escape justice by choosing not to return to Nigeria if they are allowed to pursue whatever medical excuses abroad and extradition is not as easy as it appears. We are protected as law-abiding citizens, and we have in President Buhari what we have always desired, a strong man with great political will to frustrate corrupt public office holders, a step below President Buhari's present level of high-handedness only brings us back to the era of impunity.

@ijigbami

Tolexander:
Everyone has a right to say what ever pleases one.

I still remember Guantanamo bay, has it been finally closed down by US?

omonnakoda:
Yes we told them that Boko Haram is not about crude oil but the CRIMINAL/ROGUE COUNTRY CALLED NIGERIA. Boko Haram are doing wonders ..........
Eboes doing wonders with drugs and baby factories? Cannot build Niger Bridge,cannot solve erosion

Eboes deceiving themselves since 1759

Eshinwaju:
I personally believe this man should face the courts and be judged on his crimes...Nigeria is not a jungle where laws are broken and people go scott free....Nnamdi Kanu must be punished....Buhari must not fall my hand otherwise...I will turn my back against him....Nnamdi is a criminal...