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.


President of Liberia, Mrs. Ellen Johnson Sirleaf will on Thursday, November 9, 2017 arrive Owerri Imo State Capital for a 2-Day visit.

The Liberian President is principally coming to meet with students of the Rochas Foundation College of Africa and the Students from Liberia in particular whose parents died of Ebola and she will also be expected to key into Vision 2030 of ROCHAS FOUNDATION COLLEGE, targetted at taking one million children of Africa out of the street and giving them education.

The Rochas Foundation College of Africa is, aside offering free education to children from the Countries of Africa, it’s also aimed at promoting Unity among Africans and African nations.

On arrival on Thursday, Mrs. Sirleaf would be taken to the Palace of Eze Imo to be accorded the African way of receiving an august visitor like her and the Chairman of the State Council of Traditional Rulers, HRM Eze Samuel Ohiri will be expected to decorate her with a Chieftaincy title, taking into account that she took over the leadership of Liberia soon after a bloody Civil War and she has been able to sustain the peace of that Country for ten years now.

The following day being Friday, November 10, 2017, Mrs. Sirleaf will then be at the Rochas Foundation College of Africa where she will meet with the Students and also specifically interact with the Liberian Students. And all these will help to instill confidence in the students and brandish a juicy future for them.

After her outing to the College, the Liberian President will deliver a lecture to Imo women at Imo International Convention Centre (IICC) and the topic will be “Women in Politics”, and the lecture is structured to encourage women in the State to develop interest in leadership, especially when it is recalled that Mrs. Sirleaf is the first female President in Africa.

Finally, she will be appreciated with Imo Merit Award and a road will also be named after her. And with all the feats she has achieved, she earns a Place in the Imo Hall of fame.

President of Ghana, Mr. Nana AdoAkufo and his South African Counterpart, President Jacob Zuma had earlier visited the State for the same purpose and were also honoured. Ambassadors of Nations had also come.

The governor, the good people of the State and the Rescue Mission Government of the State wish Mrs. Sirleaf a hitch-free trip.

Sam Onwuemeodo
Chief Press Secretary to the Governor

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