Friday, September 13, 2019

How Nigerian South African Returnees Can Benefit From FG Empowerment Programmes

This article is targeted at the Nigerians returning from south Africa due to the xenophobic attacks going on in the rainbow nation.  It is not easy to wake up one day unprepared to a situation that demands you to leave a place where you have lived almost all of your life suddenly to start a new life in a new country. You will have to start reintegrating afresh to adapt to the new country you are moving into in terms of business, new friends, Schools for the kids and the way of life. Though as the saying goes there is no place like home, Nigeria is always home to Nigerians and other brotherly Africans.

There are couple of Nigerian government social intervention programmes that the Nigeria, South Africa returnees can benefit from to start up their life in Nigeria . One of such programme is the National Social Investment Programme (NSIP).

The National Social Investment Programme (NSIP) are a group of programmes under the National Social Investment Office (NSIO). a social security agency created in 2015 by the Federal Government of Nigeria to manage social investment programmes within Nigeria. We have N-Power, Geep and NHGSFP under the NSIP.

N-Power: N-Power Programme is a Job creation and skills empowerment programme of the Federal Government of Nigeria. N-Power is designed to help young Nigerians acquire and develop life-Iong skills to become practical solution providers in their communities, enabling them to become innovative players in the domestic and global markets. The NPower programme is for young Nigerians between the ages of 18 and 35. You can Read more about N-Power here

GEEP: The GEEP is an enterprise and empowerment programme established by Nigeria government to support MSMEs get funds for business. Under this programme, we have MarketMoni and TraderMoni.

MarketMoni is a Federal Government micro? ending intervention that provides affordable loans of up to N100.000 (N50,000 ) under-banked and unbanked first-time borrowers) at no interest rate apart from a five percent (5%) one time administrative fee. Our target is 1 million Nigerian micro businesses in all 36 states and the FCT. We encourage traders, artisans, enterprising youth and farmers to apply though their platform, especially women. Read More about MarketMoni here to access a MarketMoni Funds

TraderMoni is a recent product of GEEP. being administered through the BOI. It is a N10,000 loan facility to petty traders, with at least 30,000 being targeted per State, and a total of 2 million Nigerians around the country. Enumerators are in the process of capturing uitra-business holders, such as vegetable and fruit sellers, hawkers of bread and small items such as gala, roasters of yarn and food items. kiosks. who N10,000 loans would be meaningful in growing their business.

Once captured as a willing beneficiary, the N10.000 loan is transferred to the beneficiary‘s phone. The funds are payable back over a period of 6 months, after which the beneficiary is expected to register a BVN and open an account. to entitle the applicant with a further loan of N15,000.  Read More about TraderMoni here

NHGSFP: The National Home Grown School Feeding Programme (NHGSFP) aims to deliver a costeffective home grown school feeding programme with a specific focus on increasing school enrollment, reducing the incidence of malnutrition especially among the poor; empowering cooks while supporting local agriculture through small holder farmers, thereby stimulating economic growth through the socio economic value chain.

The Administration announced this programme with the view of tackling poverty and malnutrition and also to encourage parents of children and vulnerable groups to educate their children.

So if you are South African returnee, welcome back to Nigeria. Try to research more about the programmes highlighted above in order to benefit from them

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