Thursday, June 18, 2026

The Sun Nigeria

COVID-19:  Momoh calls on FG to give N20,000  loan to Nigerians   

FG to prosecute looters of Shoprite, MTN, others

Charles Nwaoguji

Abuja-based Human Right activist, Ahmed Osigwe Momoh, has called on the Federal Government in collaboration with the Central Bank and commercial banks to make available at least twenty thousand naira (N20,000) loans that could be accessed through USSD code, or any other electronic means to every account linked to a BVN ( to avoid multiplicity).

According to him, this loan, should be interest free for at least 12 months or even 24 months, but shall attract interest after a given period. The reality is that not every Nigerian would take the loan, but person in need would have the option to consider it. The Federal Government  should also consider extending the curfew to the entire nation.

Momoh’s call was in reaction to  calls for total lockdown  of Nigeria’s economy, recently in Abuja by the First Lady, Aisha Buhari.

He said that this loan  represents food stuffs government should have provided to the citizens as social welfare package, as it is been done in other countries of the world.

He reminded government that many Nigerians don’t have sustainable jobs that can keep them during any lockdown, adding that if some people don’t go out in a day, there won’t be food on the table for their families.

“There is no way we can combat this scourge if the number climbs to the thousands, our health system would crumble, our entire nation would crumble to this scourge, we lack the equipment and the man power to battle this scourge, therefore we have to be single minded. We must invest all our energy and focus in prevention the scourge, hence the siting at home, is the only way we can win this battle. In this war we have only one bullet and we must give it our best shot,” he explained.

“Nigeria is presently the world’s poverty capital and with the  lock down on our economy it will have a disastrous and devastating effect  which will compound our insecurity  and unemployment  calamities”.

“Many advanced nations are locked down by this deadly Coronavirus. Europe is locked down, China is down and America has been while Asia is locking down. The huge economic implications of these lock down is enormous for these nations.