CBN: No Processing Fee for COVID-19 Loan Applications Obinna Chima The Central Bank of Nigeria (CBN) yesterday described as false news making the rounds that loan seekers and owners of small scale businesses that applied for its N50 billion special intervention fund
meant to cushion the impact on the COVID-19 pandemic are expected to pay a certain amount of money. The Director, Corporate Communications, CBN, Mr. Isaac Okorafor, who said this in a statement, yesterday also warned members of the public,
particularly households and owners of small-scale businesses, to disregard any message requiring them to pay any amount to process their loan applications. According to him, “The attention of the CBN has again been drawn to false reports in
the social media circles that loan seekers and owners of small-scale businesses who apply for loans provided to cushion the effects of COVID-19 are required to pay a certain amount as an application processing fee. “For the avoidance of doubt,
there are clearly spelt out procedures for accessing the N50 billion Targeted Credit Facility (TCF) stimulus package to support households and micro, small and medium enterprises (MSMEs) affected by the COVID-19 pandemic, which is disbursed through
the NIRSAL Microfinance Bank (NMFB). “Members of the public, particularly households and owners of small-scale businesses, are therefore advised to disregard any Continued on page 8
Osinbajo’s Committee Meets, Ponders Post-pandemic Jobs Protection... Page 5 Tuesday 14 April, 2020 Vol 25. No 9136. Price: N250
www.thisdaylive.com TR
UT H
& RE A S O
N
Let’s Endure Longer, Buhari Appeals to Nigerians, Extends Lockdown by 14 Days Says health care workers are national heroes Sympathises with daily earners, expands palliatives, increases social register to 3.6m households Despite COVID-19 cases rising to 343, FG says spread rate has slowed down Now has 11 labs, tests 6,000, traces 92 % of contacts Opens talks with Rivers on arrested Caverton pilots Northern govs seek more testing centres Omololu Ogunmade, Olawale Ajimotokan, Onyebuchi Ezigbo in Abuja and Martins Ifijeh in Lagos President Muhammadu Buhari yesterday extended the lockdown in the Federal Capital Territory (FCT), Lagos and Ogun States by 14 more days and called
for perseverance and more understanding from Nigerians in the battle against the COVID-19 pandemic. The president, in a nationwide broadcast, the second since the onset of the pandemic on February 27 heralded by an index case Continued on page 8
Edo, Ondo Gov Elections’ Dates Stand, Says INEC Chuks Okocha in Abuja The Independent National Electoral Commission (INEC) yesterday said it was not considering postponing the scheduled governorship elections in Edo and Ondo States. The position of the commission was restated by its Director of Public
Enlightenment and Voter Education, Mr. Oluwole Uzzi, in an interview with THISDAY. "For now, the commission is not considering the postponement of the Edo and Ondo States governorship elections. The elections dates stand as announced by the commission," he told Continued on page 8
Buhari: "The Buhari: “The irresponsibility of irresponsibility few, can lead to the of death few, can lead of many." to theApril,2020. death of
many.”
LEADING FROM THE FRONT... President Muhammadu Buhari during his nationwide broadcast extending the lockdown over COVID-19 by two weeks in Abuja…yesterday
Police Deploy Intervention Squads in Lagos, Ogun over Hoodlums Attacks... Page 6