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FG Launches “Renewed Hope GEEP” to Empower Small Businesses and Farmers for 2025/2026

Phinadon Mag

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Quick Summary:
Federal Government launches a new phase of the Government Enterprise and Empowerment Programme to provide interest-free loans to farmers, traders, and women entrepreneurs across Nigeria.

The Federal Government of Nigeria has launched the latest phase of the Government Enterprise and Empowerment Programme (GEEP), popularly known as “Renewed Hope GEEP,” to support small-scale businesses and farmers for the 2025/2026 period.

The initiative is part of the Renewed Hope Agenda, designed to stimulate grassroots economic growth, reduce poverty, and empower low-income Nigerians through interest-free, collateral-free loans.

Key Program Details (2025/2026)

The GEEP operates through three main categories, each targeting specific groups at the base of the economic pyramid:

FarmerMoni
  • Targets smallholder farmers in rural areas.
  • Supports agricultural inputs such as fertilizers, seeds, and livestock.
  • Offers loans up to ₦300,000.
TraderMoni
  • Designed for underprivileged youths (ages 18–40) and artisans.
  • Provides starter loans from ₦10,000, scalable up to ₦100,000 based on repayment performance.
MarketMoni
  • Focuses on marginalized women, including widows and divorcees (ages 18–55).
  • Offers interest-free loans of ₦50,000 to support small-scale trade and household enterprises.

Eligibility and Requirements

To qualify for the 2025/2026 GEEP cycle, applicants must meet the following criteria:

  • Identification: Must possess a valid Bank Verification Number (BVN) and National Identification Number (NIN).
  • Registration: Some categories require membership in a registered cooperative society or group.
  • Verification: Applicants must have a verified trade or farming location to confirm eligibility.

How to Apply

Applications for GEEP 2.0 and the Renewed Hope phase are processed through both digital and physical channels:

Physical Registration

Applicants can visit any National Orientation Agency (NOA) office in their local government area for documentation and registration.

Digital Portal

Applications can also be submitted through the official GEEP Dashboard, where applicants can track verification and loan status.

No Application Fee

The process is completely free. The government warns applicants not to pay anyone to facilitate their loan or registration.

Implementation Timeline

Disbursement of interest-free loans to successful applicants is expected to commence and continue through late 2025 into 2026, reaching thousands of beneficiaries nationwide.

The Renewed Hope GEEP underscores the government’s commitment to inclusive economic empowerment, financial access, and grassroots development across Nigeria.

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News

Police arrest Bauchi man accused of poisoning motorcyclist and stealing his bike.

Ikechukwu Emmanuel

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Operatives of the Bauchi State Police Command have arrested a 27-year-old man, Isiyaka Badamasi, for allegedly poisoning a commercial motorcyclist in an attempt to steal his motorcycle.

According to a statement issued on Thursday by the command’s spokesperson, SP Nafiu Habib, Badamasi and his alleged accomplice, Ma’aruf Sani, reportedly offered a 21-year-old motorcyclist a sweet containing a harmful substance. The victim, who resides in the Yelwa Tudun area of Bauchi, allegedly became intoxicated after consuming it.

The suspects were said to have attempted to dispossess him of his Bajaj Boxer motorcycle. However, the victim raised an alarm after sensing danger, attracting members of the public who apprehended Badamasi. Sani, both of whose residents are reportedly from Na’ibawa in Kano State, escaped and is currently the subject of a police manhunt.

The victim was taken to Gamuwa Primary Health Care Centre, where he remains on admission and is responding to treatment.

The Commissioner of Police, Sani-Omolori Aliyu, has ordered the transfer of the case to the State Criminal Investigation Department for further investigation. The command also urged residents to remain vigilant and reaffirmed its commitment to protecting lives and property across the state.

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Entertainment

Lojay: My uncle told me I would never succeed in music.

Ikechukwu Emmanuel

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Nigerian singer Lojay has revealed that he faced significant opposition when he decided to pursue a career in music, including doubts from members of his family.

Speaking during a recent livestream with content creator Gilmore, the “Monalisa” hitmaker recalled that one of his wealthy and influential uncles, who is now involved in politics, told him he would never succeed in the music industry.

“I have an uncle who is now in politics. I won’t mention his name, but he is very rich and popular. When I wanted to start music, he told me I would never blow,” Lojay said.

Despite the discouragement, the singer remained committed to his ambition and used the criticism as motivation. He expressed satisfaction that his perseverance had eventually produced positive results.

Lojay also encouraged his fans to remain confident in their dreams and avoid allowing negative opinions to define their ambitions.

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News

Benue Police Deny Withdrawal of Mobile Personnel from Ayilamo.

Ikechukwu Emmanuel

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The Nigeria Police Command in Benue State has dismissed reports alleging that Mobile Police personnel were withdrawn from Ayilamo community in Logo Local Government Area.

In a statement issued by the Command’s spokesperson, DSP Orchia Aondogwu, the report was described as unfounded and baseless. He stated that Mobile Police personnel remained deployed in Ayilamo alongside the Divisional Police team and other tactical units.

Aondogwu also said additional military personnel had been deployed to reinforce security in the area, urging the public to disregard the report.

However, the traditional ruler of Ayilamo, Mue Ter, Chief Torkoer Samuel, contradicted the police account. He claimed that the Mobile Police personnel left the community on Wednesday with their equipment and Armoured Personnel Carriers.

The conflicting accounts have raised questions about the current security situation in Ayilamo and the extent of military presence in the community.

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