Over 5,000 Imo citizens will benefit from FG’s GEEP Programme – Ololo assures

No fewer than 5,000 Imo citizens will benefit from the Government Enterprise and Empowerment Programme (GEEP) of the Federal Government, executed by the Bank of Industry (BOI).
So says Hon. Mrs. Ogechi Ololo during an interaction with Mr. Nnaemeka Nwosu – a banking official from Bank of Industry (BOI). Nwosu was in Imo state, Tuesday to train the state’s N-Power beneficiaries who will serve as registration agents for the programme.
GEEP is one of the four Social Investment Programmes of the federal government that aims to provide interest-free loans to upto one million market men and women, traders, artisans, youths and farmers.
For Hon Ololo, the loan will be more beneficial to women in the rural communities who depend on petty trading for their daily meal.
Said she: “There are women in some villages that if you give them N10,000, they will start jumping up, so, if you can help them access this loan to the tune of N50,000, they will appreciate you and won’t stop praying for you.”
The State Focal Person assured that she would liaise with two or three banks to help create accounts for the women and give them Bank Verification Number (BVN), since it is one of the prerequisites to access the loan.
Earlier at the training session, Nnaemeka Nwosu of BOI told the N-Power beneficiaries that they would serve as registration agents for the programme.
While distributing forms to them, Nwosu said, “Visit markets to register members of cooperatives and associations. Identify artisans and their associations/groups and register them. Complete the forms with the details of the applicants and submit them to your focal person.”
Explaining the programme, Nwosu informed that the loan, when accessed, will be repaid after six months with a one-time five percent administration fee.
“That means, If you take N50,000 loan, you pay back 52,500 at the end of six months on weekly repayment”, he clarified.

Restructuring: Reorientation of mindset, fundamental for national growth – Ololo

Imo State Deputy Chief of Staff on Domestics and Chairman, Food Security, Hon. Mrs Ogechi Ololo has identified reorientation of mindset as fundamental for the growth of the nation.
Ololo was delivering a keynote address weekend, at the Ohaneze Youth Summit held in Owerri, Imo State capital.
Speaking on the topic: “Youths and the Restructuring of the Federal System of Nigeria: Expository Factors for the Igbo Nation”, Ololo urged Igbo youths to pay less attention to what she described as ‘political restructuring’ and focus more on how to reorientate their mindsets, adding that such would guarantee a better understanding of how best to restructure the country.
“I believe that the restructuring we should be talking about is the restructuring of our minds. Once it is done, we will be able to achieve many other things”, she said.
The Deputy Chief of Staff also emphasized on the need for youths to be united.
“Youths have been given opportunity in this generation to make a difference. I am not looking upto our leaders to make any difference. I believe that if youths come together and speak with one voice, our leaders will hear us.”
On his part, Prof. Chinedu Nwajiuba of FUNAI, Ebonyi State who was the Guest Speaker, did not hide his ill feelings over the level of unseriousness by many Igbo elites who should ordinarily champion the course of the tribe.
The university don made a call that all should reflect deeply on the recent statement made by General Yakubu Gowon on the Aburi accord and learn from it: “We did not go with any prepared position on the federal side, but Ojukwu came with a paper he prepared. His prepared position was on a pink paper. Usually, pink paper at the staff college is directing staff solution to the problem.”
Earlier, the State Youth Leader of Ohaneze, Kingsley Egbechue noted that every Igbo by birth is a member of Ohaneze and enjoined all to embrace the group as their own.
Among the dignitaries in attendance were some members of the National Executive Council of Ohaneze including the President General, Chief John Nnia Nwodo and Chief Reuben Okoro, Former Vice Chairman and Legal Adviser of Ohaneze who chaired the occasion.

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