Can a retired worker apply for any of the loan schemes?
Yes, if the retiree falls within the age bracket of any of the following schemes (Tradermoni; 18 – 40 years, Marketmoni; 18 – 55 years and Farmermoni; 18 – 55 years).
If my state/LGA of origin is different from my state/LGA of residence, can I apply for the loans in my LGA of residence?
Yes. The GEEP loans are for all Nigerians. Therefore, any interested applicant can register at their local GEEP desk office regardless of origin.
Can a civil/public servant apply for the GEEP loans?
No. The loans are meant for poor and vulnerable people who have some entrepreneurial skills, not those who are gainfully employed.
How much is the registration fee?
Registration is free
What does tenure mean?
Loan tenure is the total amount of time over which you spread your loan repayment. It is the amount of time you are required to pay off the money you borrowed
What does a moratorium period mean?
A moratorium period is a period or time frame during a loan where a borrower is not supposed to make any repayment.
How much do i get?
N-POWER: The N-Power Programme offers a Stipend Of 10,000 naira for its non-graduate programmes and 30,000 Naira for graduate programmes GEEP: The Government Enterprise and Empowerment programme offers loans from N10,000 to N300,000. N50,000 for Market Moni, N50,000 loan facility to petty traders for Trader Moni and up to N300,000 worth of farm inputs to […]
How do i apply?
Application for the two empowerment schemes is open to the public. The portal for the N-Power application has closed, but for more information on how to apply, please visit the N-Power portal at www.npower.gov.ng. Potential Beneficiaries of the Government Enterprise and Empowerment Programme (GEEP) can apply at National Orientation Agency (NOA) local government centres across […]
What is the age limit?
Under the NSIP Programme, only N-power and GEEP have a set age limit. The N-Power Programme has an age limit of 18-35 years. The NHGSFP provides 1 free meal a day to children in public schools across primary 1-3. GEEP consists of three interventions with different set age limits. Trader Moni: 18-40 years Market Moni: […]
How long will the programme run for?
All the interventions under NSIP are currently ongoing and have no set end date.