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Home Empowerment Opportunities & Jobs

FarmerMoni Loan Update June 2026: New Beneficiary Selection Ongoing

Ify Godwin by Ify Godwin
June 2, 2026
Reading Time: 3 mins read
GEEP FarmerMoni Loan update
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The Federal Government’s Government Enterprise and Empowerment Programme (GEEP) has provided a fresh update on the FarmerMoni loan programme as preparations for the next phase of beneficiary disbursement continue.

According to information available as of June 2026, the FarmerMoni revalidation exercise has officially closed following the expiration of the submission deadline. The exercise was introduced to enable previously registered applicants to confirm and update their details before the commencement of loan disbursement.

Beneficiaries who were able to complete their revalidation successfully are expected to remain under consideration as the selection and verification process continues.

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FarmerMoni Revalidation Portal Currently Closed

The programme managers have confirmed that the revalidation portal is no longer accepting submissions. Applicants who were unable to complete the exercise before the deadline may have to wait for further announcements.

Officials also stated that if an extension becomes necessary, the portal may be reopened to allow additional applicants to complete their revalidation. Until then, no new submissions can be made through the FarmerMoni revalidation platform.

What Is the FarmerMoni Programme?

FarmerMoni is one of the flagship initiatives under the Government Enterprise and Empowerment Programme (GEEP), a social investment programme created to improve access to finance for Nigerians who are traditionally excluded from formal banking and lending systems.

The scheme focuses specifically on supporting smallholder farmers by providing affordable funding that can be used to improve agricultural productivity and expand farming operations.

Unlike conventional loans offered by commercial banks, FarmerMoni is designed to be accessible to farmers who may not possess collateral or extensive credit histories.

Loan Amount and Benefits

Eligible beneficiaries may receive loans of up to ₦300,000, depending on programme guidelines and qualification requirements.

Some of the key features of the FarmerMoni programme include:

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  • Interest-free loan support
  • No collateral requirement
  • Access to funding for farm inputs and equipment
  • Support for labour and operational farming costs
  • Financial inclusion for rural and underserved communities

The initiative aims to strengthen food production, improve rural livelihoods, and support agricultural development across Nigeria.

You might want to check out : How to Apply for GEEP FarmerMoni Loan in Nigeria (2026 Step-by-Step Guide)

 

GEEP Portal Currently Showing Service Suspension Notice

Applicants attempting to access the GEEP portal may currently encounter a service suspension notice. This has caused concerns among some beneficiaries seeking updates on their application status.

However, available information indicates that the suspension notice on the GEEP platform does not necessarily affect ongoing programme activities. Beneficiaries are advised to remain patient and await official communication regarding the next stage of the exercise.

NSIPA Portal Remains Accessible

While the GEEP portal may not currently be fully accessible, applicants can still visit the National Social Investment Programme Agency (NSIPA) platform for official information and programme updates.

Participants are encouraged to rely only on verified government channels and avoid unofficial websites or individuals claiming to guarantee loan approvals.

What Applicants Should Expect Next

With the revalidation exercise now concluded, attention is expected to shift towards beneficiary screening, verification, and final selection.

Successful applicants may receive notifications through the contact information provided during registration and revalidation. The timing of disbursement announcements will depend on the completion of ongoing verification processes by programme administrators.

Applicants are advised to regularly monitor official government communication channels for updates regarding beneficiary selection, payment schedules, and any future reopening of the revalidation portal.

Final Note

The June 2026 FarmerMoni update confirms that the revalidation exercise has closed, while beneficiary verification and selection activities continue behind the scenes. Although the GEEP portal currently displays a service suspension notice, eligible applicants should remain attentive to official announcements as preparations for the next phase of the programme progress.

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Ify Godwin

Ify Godwin

Zoeeb Team helps young people access verified opportunities in skills, jobs, and financial growth. Get the latest empowerment programs, training, and career tips to level up your future.

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