Each Nigerian must pay N10,000 before getting the Covid19 Intervention Funds – CBN says

Each Nigerian must pay N10,000 before getting the Covid19 Intervention Funds – CBN says

According to a news report by Sahara Reporters, the Central Bank of Nigeria has indicated that for small business owners to access the Covid19 Intervention Fund, they must pay N10,000.

Recall that The CBN had announced in March that it would give a N50bn Targeted Credit Facility to households and small businesses affected by Coronavirus.

The reason for the demand of N10,000 is not known but Nigerians are really angry with this awkward requirement. Please readPastor Chris Oyakhilome should stop embarrassing himself, he is confused

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As at the time of writing this, the purpose of the said amount was not disclosed but it remains as the requirement to access the Covid19 Intervention Fund.

People have reacted negatively to this, see reactions below

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One man said it is so awkward that despite the sufferings of the masses, the government still can not do anything for them free without demanding for money.

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