IMG sets guidelines for Dickson’s loan

on   /   in News 10:06 pm   /   Comments

The office of Ijaw Motoring Group, IMG, has released the guidelines for the smooth take-off of Governor Seriake Dickson’s Micro-Finance loan for Niger Deltans in South-West.
According to the guidelines released by Mr. Andrew Elijah, Chief of Staff to IMG, interested Niger Deltans must belong to a registered cooperative society made up of, at least, 10 persons. The 10 persons must show evidence of having a bank account in the name of the cooperative society and the society shall also produce a group photograph of the members.

It also stipulated that the cooperative society members must participate in the micro-finance management workshop to be organised by IMG as part of requirement for the loan.
It said: “Every umbrella body willing to secure the loan for its affiliated groups must have a bank account as evidence to safe-guard the loan.
“All interested cooperative societies shall collect and submit forms for the loan beginning from Wednesday, August 20 to Friday, August 29, in Lagos.”

The IMG thanked the Bayelsa State governor for the loan and lauded the effort of Director General of the agency, Mr. Ifiemi Ikpaikpai for his zeal in driving the vision of the governor on poverty alleviation to uplift Bayelsans.
According to IMG, “we will apply the same method adopted in the disbursement of Delta State Poverty Alleviation loan granted by Governor Emmanuel Uduaghan through the IMG office.”

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