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Published On: Tue, Oct 17th, 2017

16, 000 applicants seek N-Power agro loan in Delta

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From Osakhare Erese, Asaba

No fewer than 16, 000 applicants of N-power Agro, a Federal Government Initiative have successfully commenced registration for application for loan facilities from the Delta State Micro-Small and Medium Enterprise Development Agency DEMSMA.
Expectedly, the application for the loan facilities was exclusive to N-power farmers from the 25 Local Government Areas across the state for the Agency gave express permission in Abraka earlier last month to enable the N-power Agro beneficiaries to participate in the registration.
Confirming the development, the Executive Secretary, Delta State Micro-Small and Medium Enterprise Development Agency (DEMSMA), Mrs. Shinute Bello, said N-power Agro beneficiaries had been given the opportunity to benefit from the loan scheme because they are Deltans, explaining that applying for loan through the ongoing registration exercise in Abraka was not a guarantee that they would access the loan, and that certain requirements have to be met for the loan to be given to them.
But investigation revealed that the loan assessment had been difficult for the seekers who alleged bribe takings and other related act.
Some of the applicants who spoke to our reporter on the condition of anonymity, alleged that their efforts apart from the registration in the N-power had met a brick wall as none officials were willing to assist them succeed.

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