The Social Exchange Market (SEM), has said it would be disbursing cash grant to over 20 million Nigerians this December, 2020.
It said that each beneficiary would get between N1 to N5 million depending on the choice of business.
National Chairman, Social Exchange Markets Certified Chairmen Association (SEMCCA), Dr. Enebechi Chukwuemeka, disclosed this at the SEM Annual General Meeting, AGM, of SEMCCA Charity Empowerment Initiative, the umbrella association of Outlet Chairmen Nation-wide, held in Enugu between Saturday and Monday.
Enebechi, had while addressing the national executives of the 36 states and FCT delegates, said SEM, through the national patron, Rev. Collins Jumbo has affirmed her readiness to disburse the grant.
He noted that by this announcement, the lives of over 20 million Nigerians shall be bettered.
“This development will bring joy to the teeming beneficiaries who had looked forward to the disbursement of the fund,” he said.
The national chairman, while urged all On-boarding Outlets Chairmen who have not collected their certificates to do so on or before December 10, 2020, reminded them that the SEM instruction on “no certificate, no disbursement,” would be observed.
