BE WARY OF FRAUDSTERS, SEIFAC WARNS MEMBERS

BE WARY OF FRAUDSTERS, SEIFAC WARNS MEMBERS

In a bid to avoid falling victims to scammers, the management of  Smallholder Economic Interest Farmers Agricultural Cooperative (SEIFAC) has taken a proactive step by cautioning her members to ignore any loan approval by SMS, email, and on social media, any loan approval by SMS, email, and on social media, while the ugly situation has been reported to the appropriate security authorities to clamp down on the perpetrators of this ill art.

This is contained in a statement duly signed by the National Programme Coordinator of SEIFAC, Mr. Patrick Abur, and made available to the media on Thursday.

The statement reads ” Any loan approval message either by SMS, email and social media are fake as such message doesn’t emanate from SEIFAC.

” We are appealing to you to be careful not to fall prey in the hands of fraudsters with miscreants activities as SEIFAC will never ask her members to pay money into any other account apart from their SEIFAC Project Wallet Account”.

The Programme Coordinator called on members to reach SEIFAC through the Support Team with the contact 08132385944 and to always visit the SEIFAC website on www.seifac.org as the only authorized means of getting updates on the activities of the organization.

Meanwhile, the SEIFAC boss has notified members that they will see a debit alert of N200.00 (Two Hundred Naira) only as a fee for co-branding of their debit card.

According to the NPC, members who are yet to get their Project Wallet Account Numbers will get it in October 2021 as SEIFAC and its PFI – Heritage Bank PLC are working tirelessly to achieve this. While those yet to deposit the mandatory N2,000.00 (Two Thousand Naira) only minimum balance are at liberty to do so now.

He stressed that those members who deposited below the minimum balance are advised to make up their balance.

SEIFAC TO LAUNCH CO-BRANDED ATM CARDS, TARGET 60,000 FARMERS

SEIFAC TO LAUNCH CO-BRANDED ATM CARDS, TARGET 60,000 FARMERS

In a bid to enhance commercial farming activities in the country as one of the core objectives of the Federal Government, the Management of Smallholder Economic Interest Farmers Agricultural Cooperative (SEIFAC) in partnership with its Participating Financial Institute (PFI) Heritage Bank Limited is putting concluding plan to launch a co-branded Automated Teller Machine (ATM) cards for smooth financial transactions.

Speaking with the National Programme Coordinator on Thursday, Mr. Patrick Abur stated that the ATM card idea was introduced to ease the financial activities of their cooperative members and to serve as a tool for identification.

According to him SEIFAC has opened Project Wallet Accounts for her members for the Anchor Borrowers Programme on Rice Production introduced by the Central Bank of Nigeria (CBN) few years ago.

He said ” The ATM Card will serve dual purposes for the operation of their SEIFAC Project Wallet Account and as an Identity Module.

The Programme Coordinator while describing the features on the Co-branded ATM Card said it will bear SEIFAC Logo and Name, Farmer’s full name, State, LGA Membership ID among and others.

Abur revealed that the card will serve as prerequisite for SEIFAC members for disbursement of funds into their wallets.

He stressed that the issuance of the ATM Cards will commences in few weeks only for members who have activated their accounts with the minimum balance of NGN2,000

He said ” When you see a debit on your account don’t be panic as it is for the service purpose of the ATM Card which is a vital instrument for accessing the disbursement of funds.

The coordinator emphasized that the timeframe for the exercise is six weeks for ATM Cards Production noting that distribution shall be done through SEIFAC various states offices.

The SEIFAC boss tasked members who are yet to activate their accounts to key in immediately to enable them to benefit from the ATM card among other endowments of the cooperative as the organization is open for partnership with governments, multinationals and individuals to actualize its vision of Agricultural Production Cluster (Agro-PC) on commercial scale.

He noted that the management is working relentlessly towards achieving complete due process in pursuance of their agricultural credits and disbursement.

“Hence, account regularity, loan documentations, Batch 2 Project Wallet Account opening Agricultural Production Clusters (Agro-PCs) lands acquisition are ongoing. noting, SEIFAC management is yet to publish the disbursement time and date to the general public.

The Coordinator also cautioned members to disregard any disbursement date and time information published by non SEIFAC executive. He said be rest assured that we are working tirelessly towards achieving the goals of disbursement shortly and same will be officially published via our website; www.seifac.org.

Loan Documentation Dateline Extended

Loan Documentation Dateline Extended

This is to bring to the notice of SEIFAC Member Farmers, visitors to SEIFAC website and the general public at large that another shift in dateline for loan documentation has become eminent as relevant stakeholders in the programme unanimously requested a shift in the dateline to enable Member Smallholder Farmers execute their loan documentation in order to benefit from the programme, in this regard, the new dateline is Saturday 3 July, 2021.  On the other hand this extension became necessary SEIFAC PFI HERITAGE BANK PLC to roll-out another batch of SEIFAC Project Wallet Accounts for members who have not received their Wallet Accounts. SEIFAC and its PFI are working tirelessly on a technology that will ensure that all members who are yet to receive their Project Wallet Accounts shall receive, activate and execute their loan documentation within the extension period. We therefore call on all our members across the country to remain calm and resolute while we ensure the delivery of their Project Wallet Accounts to their respective cell phones whiles those who have changed their cell phone lines are enjoined to contact the SEIFAC Support Centre on SMS and WhatsApp requesting for their SEIFAC Project Wallet Account Number with their registered cellphone number (lost or in use), email address and full name for retrieval of their Wallet Accounts. During this period, SEIFAC Member Farmers’ that have activated their Wallet Accounts shall be receiving their SEIFAC/Heritage Bank co-branded ATM Cards with special features to the advantage of the Smallholder Farmers.

SEIFAC DISCLAIMS VEREM TURUGH

SEIFAC DISCLAIMS VEREM TURUGH

The Smallholder Economic Interest Farmers Agricultural Cooperative (SEIFAC) has disclaimed one Mr. Verem Turugh who has been parading himself as the Chairman of the Cooperative.

The National Programme Coordinator (NPC) Mr. Patrick Abur in a disclaimer notice cautioned SEIFAC Members to be aware of the fraudulent antics of Mr. Turugh who has being issuing out fake letters on the social media and radio messages and carrying out transactions in the name of SEIFAC at a period when he was already suspended indefinitely from the Cooperative.

The Statement added that it has nothing to do with the said Turugh in any form stressing that SEIFAC members should disregard all ill tissues of lies emanating from Mr. Turugh who has been squeeze by the law enforcement agents and is currently languishing in the Police Facility at the Benue State Command Headquarters in Makurdi.

The statement asked those interested to participate in the Cluster Farming activities which are geared to enable smallholder farmers gain group dynamism, economy of scale, collective bargaining power and above all capable of lifting the smallholder farmers out of avoidable poverty. The NPC further urged members that the only official source of information for its members is its website, SEIFAC does not operate any social media handle targeted at disseminating information to its members and the general public is on the cooperative’s website www.seifac.org, email addresses includes info@seifac.org, farmerscare@seifac.org, seifac.org@gmail.com and on the phone, at its National Support Centre is 0813 238 5944.

The NPC of SEIFAC Mr. Patrick Abur stated that SEIFAC in partnership with its Participating Financial Institute (PFI) Heritage Bank PLC has commenced the production of its co-branded ATM Cards which also serves as membership Identity Cards – first of its kind in the country on commercial scale with special features like SEIFAC Logo, farmer’s passport photograph, name, LGA, State of registration and SEIFAC Registration Number which shall be available soon for collection by the farmers for operation of their SEIFAC Project Wallet Account which is to cone prior to the much anticipated loan disbursement.

Loan Documentation Dateline Extended

Loan Documentation Dateline Extended

This is to bring to the notice of our Farmers, visitors to our website and the general public at large that the dateline for loan documentation has been extended from 29th May 2021 to 12th June 2021. This extension became necessary as we noticed that a mass of our members are yet to receive their SEIFAC Project Wallet Accounts from our official one and only Participating Financial Institute (PFI) HERITAGE BANK PLC, hence such members have not activated their Wallet Accounts with the minimum balance of N2000.00 and subsequently execute their loan docuementations. SEIFAC and its PFI are working tirelessly on a technology that will ensure that all members who are yet to receive their Project Wallet Accounts to receive, activate and execute their loan documentation within the extension period. We therefore call on all our members across the country to remain calm resolute while we ensure the delivery of their Project Wallet Accounts to their respective cell phones.

SEIFAC ROLLS OUT FARMERS PROJECT WALLET ACCOUNTS

SEIFAC ROLLS OUT FARMERS PROJECT WALLET ACCOUNTS

This is to bring to the notice of SEIFAC esteem Members across the constituent states of the federation and FCT Abuja and the general public that SEIFAC National Headquarters Abuja has commenced the roll-out of SEIFAC Project Wallet Account bulk opening to complete step four of the membership registration process.

Members are therefore to be expectant of an SMS alert from our Participating Financial Institution (PFI) Heritage Bank Plc who will send their SEIFAC Project Wallet Account number to their respective Phone Numbers as they had earlier registered on SEIFAC centralized, relational and scalable database. Upon the receipt of Project Wallet Account Number, members are to immediately deposit the minimum of N2,000.00 (Two Thousand Naira) only as activation balance as stipulated on the members profile page and submit their evidence of payment to their nearest SEIFAC Agent Location/LGA Desk Office/State Office where they will fill SEIFAC loan documentation and pay a processing fee of N500.00 (Five Hundred Naira) only. This documentation shall commence as from Monday 17th – Saturday 29th May 2021 after which a tentative disbursement date shall be announced to our members and the general public.

DISCLAIMER NOTICE

This is to inform Farmers, visitors to our website and the general public at large that SEIFAC does not own any social media handle except a Whatsapp group called “SEIFAC NATIONAL PLATFORM” which is not accessible to the general public except a few key persons.
Please take note and disregard all social media platforms parading its connections to SEIFAC.
SEIFAC expressly disclaims responsibility and shall have no liability for any damages, loss or liability whatsoever suffered as a result of disregarding this warning or relying on the information disseminated by any such website, social media (i.e facebook, twitter, e.t.c) other than www.seifac.org

SEIFAC Postpones Project Account Opening

SEIFAC Postpones Project Account Opening

This is to bring to the notice of our esteemed members that the SEIFAC Project Account Opening which was scheduled to commence from 1st to 28th February 2021 has been postponed due to government’s restriction on gathering of persons as a result of the prevalence of COVID-19. In like manner, the registration closure date which was scheduled for 11:59pm 31 January 2021 has been postponed to 11:59pm 10th February 2021.

The SEIFAC Participating Financial Institution (PFI) as required by CBN in conjunction with SEIFAC are mindful of our members’ safety and as such the PFI and SEIFAC are working hard in making sure that we adapt the best methodology that will not endanger the lives of our members, therefore, curtailing the gathering of our Member-Farmers in our participating Bank branches across the country for Project Account opening is of the utmost importance to us all.

We therefore call on all our members across the country to remain calm while the process tarries and SEIFAC shall come up with a communique in due course which will be published on our website when we adapt the best possible and cost effective method with the tentative date for commencement of Project Account Opening . We deeply regret the inconveniences this might cause you our amiable members.