Nigeria’s apex bank,CBN,, yesterday warned the public against ongoing exploitation of Nigerians by fake Entrepreneurship Development Institutions (EDIs).
The institutions, the apex bank said in a
statement, are claiming to be CBN-accredited EDIs for Agri- Business
Small and Medium Enterprises Investment Scheme (AGSMEIS).
It said
the unaccredited bodies have continued to defraud and exploit members
of the public by advertising for courses and charging training fees
ranging on the pretext that the training is endorsed by the CBN and
therefore would guarantee easy access to AGSMEIS loans.
“For the
avoidance of doubt, the CBN has neither appointed nor accredited any
organization to conduct any training on its behalf for the purpose of
applying for AGSMEIS loans,” it said.
The public is therefore
advised to beware of the activities of these non- accredited private and
public organisations, and report anyone or group that approaches them
for these illegal and unauthorized trainings, to the law enforcement
agencies.
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