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ENDSARS

#EndSARS: Access Bank announces N50 billion interest-free facility for businesses

Access Bank Nigeria Plc has announced plans to offer N50billion interest-free credit facility to individuals and businesses. 

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Access Bank Plc, Nigeria's Creative Industry needs urgent financing from commercial banks to bridge unemployment gaps - Herbert Wigwe

Access Bank Nigeria Plc. has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized businesses.

READ: Access Bank gets regulatory approval to become a Holding Company

READ: Banks lay-off 2,477 staff during lock-down

This information was disclosed by the bank through its official LinkedIn page. 

The bank’s official statement read thus,

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“Now more than ever, we remain committed to our purpose of impacting lives positively. In light of the recent occurrences, we will be supporting Nigerian businesses with 50 Billion Naira interest-free loans and grants. Watch this space for more information.”

READ: Access, GTBank, two others pay PWC & EY N1.5 billion as Audit fees in H1 2020 

Why it matters

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The impact of the pandemic, coupled with the hijacked #EndSARS protests that led to the looting of businesses and destruction of properties has thrown so many Nigerians into debts.

READ: $70 billion per annum will be needed to tackle pandemic induced poverty – World Bank

READ: WTO DG: US, EU divided over Nigeria’s Okonjo-Iweala and South Korea’s Yoo

This show of support from Access Bank will help alleviate and stimulate economic activities, as well as produce many positive multiplier effects on the economy.

READ: #EndSARS: Popular hacking group, Anonymous allegedly hacks Nigerian Govt. websites

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38 Comments

38 Comments

  1. David5

    October 24, 2020 at 10:14 am

    This is good sir

    • Aniefiok Michael Udoh

      October 24, 2020 at 10:01 pm

      Glory be to GOD, thanks so much Access Bank GOD bless you more and more. Please I need this Grant for revamping my business. Am in Lagos

  2. Shamsu Abubakar khalid

    October 24, 2020 at 10:23 am

    Good idea but how can we benefit I mean to apply.

  3. Abdulkudus Isah

    October 24, 2020 at 10:30 am

    May Almighty God reward you all for your kind gesture in as far you stand to help an individual, this how God will continue to elevate you all and guide you onto the right path. Am Access and will always be an Access bank member. One love one Nigeria

  4. Odohsimeon1

    October 24, 2020 at 12:17 pm

    Please How can we access the loan

    • Roland Olaleye

      October 24, 2020 at 3:24 pm

      Thanks for being so understanding of the plight of the masses.

  5. Hamzat Abbas

    October 24, 2020 at 1:40 pm

    That’s great. I am interested.

  6. Joy Chisom

    October 24, 2020 at 2:07 pm

    I bank with Access Bank, please how do I apply for the loan to help me reform my business

  7. Anonymous

    October 24, 2020 at 2:12 pm

    Good move.

  8. Anonymous

    October 24, 2020 at 2:15 pm

    I need it, how
    would I apply

  9. Princewill Obika

    October 24, 2020 at 2:34 pm

    Good gesture. Please how can we access the loan? Any link for applications?

  10. Anonymous

    October 24, 2020 at 3:17 pm

    This is good news God bless access bank.please when can we start applying.

  11. Ishmael Peterside

    October 24, 2020 at 3:22 pm

    Brilliant move worth emulating by others. God bless Nigeria

  12. Hadiza ibrahim

    October 24, 2020 at 3:31 pm

    Is better

  13. Anonymous

    October 24, 2020 at 3:46 pm

    How can I apply for the loan.

    I need financial a help to start up a fish farm business

  14. Chidi Ibeleme

    October 24, 2020 at 4:03 pm

    How do interested persons get the loan. How do I apply?

    • Christiana John Udoma

      October 25, 2020 at 11:21 am

      Thanks so much for the move, may God continue to upgrade u to the next level. I’m an Access Bank member and will ever be without regret,when and how do I apply, thanks

  15. Edafe Deborah

    October 24, 2020 at 4:56 pm

    Am interested.how can I access the loan

  16. Bello Oluwatoyin

    October 24, 2020 at 5:15 pm

    Thank you for your efforts sir, the Lord will reward you

  17. Sunny

    October 24, 2020 at 5:18 pm

    This is great sir…. Guidelines on how to access this loan sir

  18. Joy ogbu

    October 25, 2020 at 2:48 am

    Oh very good sir, but how can we apply to the loan sir

  19. Prince U

    October 25, 2020 at 5:09 am

    Good and fine. But how can one access the interest free loan?

  20. Anonymous

    October 25, 2020 at 6:18 am

    This is not true. There’s no information about this loan on their LinkedIn page or online anywhere.

  21. Amu Theresa

    October 25, 2020 at 7:11 am

    Good morning please I need the load How can I apply please

  22. Nwankwo Vincent C

    October 25, 2020 at 7:29 am

    Please send me details how to access it, a good move in the right direction and that’s why I remain your customer over years because of your effective response to customers need…..thanks

  23. Olamilekan Hammed

    October 25, 2020 at 2:03 pm

    Thanks so much am access I will be access Bank customer for life ,how can we access to the loan?

  24. Chrismond

    October 25, 2020 at 5:47 pm

    Please how will I apply for the loan?

  25. Jennifer Iyojie

    October 25, 2020 at 9:10 pm

    Pls send information on how to access the loan

  26. Muhammad Bello

    October 25, 2020 at 9:20 pm

    Great! When shall the portal open?

  27. Dele ODUMOSU

    October 26, 2020 at 12:32 am

    If you have that much money, please, please, please, invest in infrastructure that is badly needed in the country, and we the masses,we’ll walk hand in hand to make sure that you will reap the rewards of your investment, we need good roads intercity rail network and electricity,

  28. Enobong Rankin Veshmastru

    October 26, 2020 at 2:44 am

    God bless Access Bank, God bless the management of this bank for this great decision and opportunity given to the populace. God Bless you

    I need this loan , for my business. How do I access this Grant?. I bank with Access Bank.

  29. Anonymous

    October 26, 2020 at 4:05 pm

    This is good,iam interested

  30. Joseph otache

    October 27, 2020 at 2:23 pm

    Thank you access, how can I apply for it

  31. Uchenna Emma

    October 28, 2020 at 12:43 am

    Pls how do I access the grant as it is not shown here in the article posted,may God bless u so much access bank for coming to our aid,all I want to know is how to go about the process,the code or the web site to reach u thank you

  32. chinedu

    October 30, 2020 at 11:57 am

    Thank you so much Access Bnak for this help,.. may i know how to apply for the loan

  33. Okanlawon Deborah Bolanle

    November 2, 2020 at 12:48 am

    Thanks to access bank
    Please how can I apply ?

  34. Okutu Uchenna

    November 12, 2020 at 7:08 pm

    First and foremost thanks u access bank for notifying the problem of Ur customer. Pls I’m a young man who is into agriculture and I need this loan to put into farm

  35. Saidi Omolade sekinah

    December 1, 2020 at 8:15 pm

    If this is true may God continue to bless you all in access bank.

    How can we access the loan and how do we pay back.

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ENDSARS

#EndSARS: Sanwo-Olu gifts families of slain police officers N10 million each

Governor Sanwo-Olu has compensated the families of slain police officers with the sum of N10 million each.

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Sanwo-Olu to stop pension for former governors, deputies, #EndSARS: Judicial Panel of Inquiry and Restitution to include Lekki toll gate incident – Sanwo-Olu, Lagos approves resumption of all classes in public, private schools, Lagos takes major step towards delivery of Fourth Mainland Bridge, Lagos to construct rail line to airport terminal for international passengers, COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis, Lagos state government discharges 7 more coronavirus patients, Lagos state will reverse to full lockdown, Sanwo-Olu to virtually inaugurate projects as he presents scorecard of first year in office, Lekki regional road: Sanwo-Olu revokes land titles of Elegushi Royal family, Lagos pays N1.3 billion into the RSA of 246 retirees, Lagos State to empower 2.5 million youths in Arts and Crafts

The Executive Governor of Lagos State, Babajide Sanwo-Olu has brought respite to the families of police officers killed during the violence witnessed in the aftermath of the #EndSARS protests.

According to the disclosure on the Twitter page of the Lagos State Government, the families were handed a cheque of N10 million each and the children of the slain officers awarded scholarships by the government.

What they are saying: Commenting on the recent development, a tweet by the Lagos State Government read thus: “Governor @jidesanwoolu handing over a cheque of 10 million naira each to the families of police officers who lost their lives during the unrest that followed the EndSARS protest and awarding scholarship to their children.’’

Why this matters: The recent effort by the Governor is in fulfillment of the promise he had earlier made to compensate affected victims of the post-EndSARS protest which led to the loss of lives and valuable properties both in the state and the country at large.

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The compensation will be viewed by serving officers as a motivation, aimed at promoting patriotism, loyalty, commitment and dedication to national service.

What you should know

  • Lagos State Government had earlier set up a N200 million fund for victims of police brutality
  • As a follow-up, Nairametrics had earlier reported that Lagos State Government offered scholarships to children of slain police officers.

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ENDSARS

#EndSARS: Protest hijack was catalysed by fake news – Lai Mohammed

The hijack of #EndSARS protests was catalysed by fake news and disinformation, Minister of Information, Lai Mohammed has said.

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Minister of Information, Lai Mohammed, has claimed that the hijack of the #EndSARS protests was catalysed by fake news and disinformation, which spread like wildfire on social media.
The Minister disclosed this during a stakeholders meeting with members of the broadcasting organizations of Nigeria (BON) on Friday in Abuja.

He said, “The violence that resulted from the hijack of the #EndSARS protest was catalysed by fake news and disinformation, which spread like wildfire on social media. And this did not come to us as a surprise. As far back as 2017, we had been raising the alarm on the risks posed by fake news and disinformation.
“That year, we devoted the National Council on Information to the issue of fake news, hate speech, and disinformation. The following year, in 2018, we launched the national campaign against fake news and disinformation, partnering with a number of print and electronic media organizations.
 
“Ladies and gentlemen, social media was used to guide arsonists and looters to certain properties, both public and private, during the #EndSARS violence. Then, pictures of persons, including some celebrities and even non-Nigerians, who were supposedly killed at the Lekki Toll Gate by soldiers, were circulated widely, only for those persons to refute such claims.
 
“This brings me to the issue of social media regulation. You must have heard about the hoopla this issue has generated in the media. Well, I want to confirm that we will definitely act to ensure a responsible use of social media. You may call that regulation.
He added that the FG had no plans to stifle press freedom in Nigeria and had no intention of shutting down the internet.
 
“This government has no plan to stifle free speech, neither do we have any intention of shutting down the internet. Social media has come to stay, and those who use it responsibly have nothing to fear.
“But we cannot give the same assurance for those who weaponize social media. By the way, the issue of regulating social media content is generating debate around the world, so Nigeria is not an exception,” he said.
What you should know 
Nairametrics reported earlier this month that Lai Mohammed said the Federal Government had no plans of shutting down social media, but must regulate it to prevent the spread of hate speech.

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ENDSARS

#EndSARS Sanctions: Nigeria has reached out to the UK Government – Foreign Minister

Onyeama has stated that the FG has reached out to the UK Government over the parliamentary debate on the #EndSARS protests.

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#EndSARS Sanctions: Nigeria has reached out to the UK Government - Foreign Minister, Chinese Visa Restriction: Ministry of Foreign Affairs issues clarification, London evacuation flight rescheduled to July 14

The Minister of Foreign Affairs, Mr Geoffrey Onyeama, said that the Nigerian Government has reached out to the UK Government over the parliamentary debate on the #EndSARS protests.

The Minister disclosed this to Newsmen at the Federal Executive Council (FEC) meeting on Thursday, which was recorded by Channels TV.

READ: Gov. Makinde presents N266 billion budget to Oyo State House of Assembly

He added that the UK Parliament did not speak for the UK government, and that the UK had heard the Nigerian government’s side regarding the incident at Lekki.

READ: FG reacts to CNN report, describes Lekki shooting as massacre without bodies

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“On the issue of the UK parliament, yes, we have reached out to the UK government on this question. The meeting that took place was of Parliamentarians, they don’t speak for the UK government and the UK government which acts for the United Kingdom has also heard the side of the (Nigerian) government regarding everything that happened.

READ: #EndSARS: Bankers’ Committee, Private sector lead Lagos rebuilding team to raise trust fund

“So we are in touch with them and engaging with them. But, of course, as in any democracy, the Members of Parliament are able to also air their views, but what is important is that a balanced picture is made available to them all before they take any decision,” Onyeama said.

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READ: DPR approves new Liquefied Petroleum Gas guidelines for investors, operators

What you should know 

Nairametrics reported earlier this week that the British Parliament had announced it would consider a petition by some groups and individuals, asking it to apply sanctions against the Nigerian government and officials for alleged human rights violations during the #EndSARS protest and Lekki shooting incident.

Also, the presidency earlier disclosed that the Vice President, Yemi Osinbajo, had a meeting with the UK Special Envoy for Humanitarian Affairs, Nick Dyer, accompanied by the UK High Commissioner to Nigeria.

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