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Be careful when applying for covid19 and CBN loan

OLAYEMI 06/25/2020

For the past few months, many countries who also experienced the menace of covid19 has being up and doing in making living convenient for their citizens. 

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Like other affected countries, Nigerians have been under lockdown for the past few months, the situation which has literarily affected Nigerian family households. 

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For the sake of making life normal back for people, the Federal Government of Nigeria therefore resorted to giving covid19 loan to interested individuals who are ready to start their business again.

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So far, many applicants have received alert, which shows the loan is real and not fraud. The loan will be used for 3 years before repayment.

Meanwhile, fraudsters have seen the loan disbursement as an avenue for them to dupe the innocent applicants. 

Early this week, close to 5,000 applications was traced to be fraudsters. Yesterday, one of the applicants revealed that he was asked to pay before he can register for the loan.

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The applicant calls the attention of people to how he was told to pay the sum of ten thousand naira (#10,000) for training before he can be able to apply. 

The truth is that the Federal Government is not charging anyone for money before he or she can apply for the loan.

The application is free, this means, the Federal Government is not requesting money from any interested applicants either for training or submission of form.

During your registration, be very sensitive, pay attention while your data is being input in to the system, because your BVN might be copied by the café attendant, an opportunity which can make your account vulnerable to attack.

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When you are calling out your information, make sure you are looking at the computer screen so as to avoid typing your BVN in to another page which will later be used for fraudulent act.

Again, you are not to pay any amount for the registration, it is free. 

Source: opera.com
The views expressed in this article are the writer's, they do not reflect the views of Opera News. Read more>>
Top Comments
AdewoyeIsaiah · 06/25/2020
Good write up, pls how can I apply for this loan?
+234-806857**** · 06/25/2020
Why should government making too much complicated, why should government should request for BVN instead of account number and name. I think FGN has joined Yahoo boys to defraud innocent citizens.
DanIorwuese · 06/26/2020
I received a text message from SMEDAN makurdi branch to go for training before applying that means is fake.
BOLLYWOOD · 06/26/2020

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