SEM is set to give N1m to N5m grant to 20 million Nigerians.
NewsOne Nigeria reports the Social Exchange Market (SEM), has said it would be disbursing cash grant to over 20 million Nigerians this December, 2020.
SEM said that each beneficiary would get between N1 to N5 million depending on the choice of business.
Dr. Enebechi Chukwuemeka, the National Chairman, Social Exchange Markets Certified Chairmen Association (SEMCCA), disclosed this at the SEM Annual General Meeting, AGM, of SEMCCA Charity Empowerment Initiative, the umbrella association of Outlet Chairmen Nation-wide, held in Enugu between Saturday and Monday.
The SEMCCA National Chairman while addressing the national executives of the 36 states and FCT delegates, had said SEM, through the national patron, Rev. Collins Jumbo has affirmed her readiness to disburse the grant.
Enebechi noted that by this announcement, the lives of over 20 million Nigerians shall be bettered.
“This development will bring joy to the teeming beneficiaries who had looked forward to the disbursement of the fund,” he said.
While urging all On-boarding Outlets Chairmen who have not collected their certificates to do so on or before December 10, 2020, the national chairman reminded them that the SEM instruction on “no certificate, no disbursement,” would be observed.