SCAM ALERT: Count Us Out Of Maize Farming For Youths - BoI
There is a maize farming programme for youths purportedly backed by Bank of Industry, BoI in partnership with the Central Bank of Nigeria, CBN but BoI has come out to say it has nothing to do with such programme.
The programme may be a ruse.
The Corporate Communication Director of BoI,
Hadiza Olaosebikan, denied that BoI is involved in such a programme in an interview with the News Agency of Nigeria on Tuesday.
NAN reports that some SMS messages and social media broadcast are circulating stories about a maize farming programme being organised by the CBN and BoI to empower youths.
According to the message, successful applicants will be assisted with land, mechanised farming tools, maize seedlings and a loan of 4.5 million Naira with repayment duration of five years.
According to the message, applicants for the programme are required to deposit 10,000 Naira into an account (names withheld). Successful applicants, to be shortlisted, would participate in a six-week capacity building programme to be facilitated by two agencies.
The message named the two facilitating agencies as the Enterprise Development Centre (EDC) and German Agency for International Cooperation (GIZ).
Olaosebikan advised members of the public to be wary of the programme because the BoI would never demand for a fee to train unemployed youths in the country.
“BoI will never request money from applicants for programme. Moreso, we are not aware of the programme nor plan any capacity building of such nature,” she said.