Social Exchange Market Grant for Nigeria; Real or scam?

I want to seize this opportunity to warn every Nigerian about  Social Exchange market grants.  I read on huntersinternational that the long-awaited Social Exchange Market Grant is about ready for disbursement in Nigeria. The post has it that Mr. Adetula Emmanuel, the Principal Coordinator of Great Impact Microfinance Bank, who also serves as the SEM Coordinator for all Principal Directors in Ondo and Ekiti, stated that “money is here already. The challenge at hand now is just the documentation to the fund release. That’s it.”

My main aim of this write up is not prove whether  Social Exchange market grants is real or scam. This is because already people are being scam in the name of getting Social Exchange Market grant.

If actually you are looking for money to start up a business, these  10 ways can help you raise money to start up your own business.

Here is the fraudulent  message circulating on the Whatsapp groups about Social Exchange market grant for Nigeria.

Social Exchange market grant for Nigeria

Grant called social exchange market is available in Nigeria. The grant is  awarded by philanthropy across the world to fund ideas.

What is required is to get the form is N1000 for those within the SouthEast .
To pick up this form may be a challenge but I believe that it is possible. Call so and so….
The grant is minimum of 3million maximum of 10million.  No collateral needed.  However having fulfilled all documentation at the Development bank of Nigeria. There shall be disbursement.  This will call for monitoring of every project.
 Remember you are not paying any thing. You are not returning the grant.
Your ideas must be production oriented on to process and packaging.  It is not for buying and selling
The seminar is for you to be trained and get information
Social exchange market is funding.  They are group of philanthropy across the world.
It is not MMM. I’m not asking you to pay a dime
This grant was what president Jonathan Used for U-win
Your ideas is for you.
Your business ideas In this case is e.g, block making,
  Garment making
  Pure water industry
  Bakery
Poultry and processing
Cassava plantation and processing
Cattle ranches
Nursery school
Drug manufacturing industry
Aquaculture and
Bottling companies
Tomato paste factory
Matches and tooth pick
Nylon industry
Automated shoe making
Flour mill
Feed mill
The grant Is available
The forms are in serial numbers, your signature on it. Everything is physically verified.
In addition NATION BUILDERS CM NETWORK (NGO) is among few privileged NGOs in Nigeria Authorized through social exchange market principle platform to mobilize projects/investments across the country to be given money to empower people so as to drive such projects/investments for self reliance.
 HOW TO APPLY FOR SOCIAL EXCHANGE MARKET FOR GRANT
To partake in this on-going grant program, follow the steps below
Follow this steps:
Have a project/business you or your group want to establish in your community, town or city in Nigeria
Grant is released by Social Exchange Market for each project enlisted in that community, town or city under the group.
Note: Each business/investment will be subjected to a standard follow up for proper implementation by Development Bank Of Nigeria, Social Exchange Market.
NATION BUILDERS CM NETWORK (NGO) will
generate model micro-finance banks that will  the grassroots becoming a financial institution. .
         HOW TO APPLY FOR SOCIAL EXCHANGE MARKET GRANT
To partake in this on-going grant program, follow the steps below
Follow this steps:
Have a project/business you or your group want to establish in your community, town or city in Nigeria
Pick up membership registration from Smile Again Microfinance Bank indicating details of your location and your group intention.
Mobilize minimum of 1000 business/investment within the reach of your group in that community, town or city.
Attend Seminar/Workshop organized by Smile Again Model Microfinance Bank
Grant is released by Social Exchange Market for each project enlisted in that community, town or city under the group.
Note: Each business/investment will be subjected to a standard follow up for proper implementation by Development Bank Of Nigeria, Social Exchange Market and Smile Again Model Microfinance Bank.
For enquires call: 080379872, 07083925153.
Warning: Please,  disregard any such  information on Social Exchange market grants or any related one on  internet or whatsapp group. Fraudsters are everywhere!!!

According Hunters International, 1. ‘Our reporters post updates received from the organisers of social market exchange grants scheme.
2. Ever since, they have never reported the fund is coming from World Bank, but a foreign charity.
3. Our contacts provide photos, videos, and documentations to back up their claim.
4. Hunters International is not part of the organiser; we simply report the proceedings.
5. We keep contacts with a charity foundation, not multi-purpose co-orperative schemes.
6. We are aware some people (cooperative guys) are asking for money for application till date (it may be a way to dupe Nigerians).

My verdict: With all the evidence we have seen, I would say, let’s wait to see if all these Abuja meetings of stakeholders is a film trick or not. There is nothing to lose if everyone wakes up from their daydreaming. To me, it looks more real (with all the findings our reporters have made, and with the proof we’re getting from bethanyworld. After all, it costs us no dime. We advise everybody not to pay for any form anywhere (as far as what we know today).

We will make changes to this article if the need arises.

If you have any question or comment you can use the comment box below.

831 thoughts on “Social Exchange Market Grant for Nigeria; Real or scam?”

  1. Dear all,
    I really thank our people that give update here whether true or false, non of us were there when things happened. Bar donald was not in the meeting and not invited.

    The current update on SEM grant is mainly on EFCC and SEM, we all thought the case has been settled, but not. They are still on it. Some people have said it, but just to buttress it. It is the SEM that dragged EFCC to court on sealed off office. Why this happen ? Some people complaint to efcc that SEM activities is scam, that brought them to seal sem office for investigation.

    It is either you take it or leave this update i heard. Lets continue to pray for SEM to win the case bcs of we masses. Thanks

  2. NOW IT’S COURT CASE & NOT VP OSIBANJO. IS THERE REALY A COURT CASE? THE LATEST UPDATE IS NOT ON SEM WEBSITE EVEN THOUGH THEY LIFTED THE DEAD PHONE NOS ON SEM WEBSITE. TO ME THESE ARE SIGNS THAT SEM HAS FAILED.

  3. SEM OFFICIAL UPDATE – MONDAY 21.01.2019 on Telegram (@SEMGrantComNg)

    NOTICE ON PUBLICATION IN RESPECT TO SEM!
    It has come to our notice of some wild information spreading around concerning meetings and disbursement of Grant by SEM.
    Please note as a matter of urgent correction.
    » 1. That all this information is not from SEM.
    » 2.That some group of people who claimed to be part of SEM programs wrote petitions to EFCC and other security agents claiming SEM is a scam.
    » 3. The allegations prompted EFCC to sweep on SEM Office in Abuja, charted away sensitive materials including all operational computers and other IT data banks and sealing up SEM Office, Abuja.
    » 4. SEM eventually went to Court to seek redress on infringing on her fundamental human right.
    » 5. Right now the case is in court and also judgment is to be determined by the court.
    » 6. SEM urges all stakeholders to exercise patience while the court determines the case on ground.

    SEM implores all stakeholders to henceforth get authentic information from the following numbers:
    » 09030293138
    » 08163702419
    » 07055323810.

    PLEASE NOTE: SEM will not and has not authorized anyone to collect money on its behalf.

    Thank you once again for your understanding.
    God’s judgment awaits every enemy of SEM.
    We shall be victorious.
    SEM Management.

    Copied

    1. @Inno please is this not an already existing information in the public domain since November or thereabout for which ncs were informed that it had been resolved? Is it different from the one released in December that was Said to have been settled out of court?
      How sure are you that this is directly from Sem, when did Sem start passing their information through a channel not preinformed. This is not from their website and the numbers stated in the updates are all off.
      What is the true position and does it mean that nothing has happened since this court saga started.
      @EBN or so, please where did you get your information from with all those disbursements plans of within this month for ncs and 1st February for pds? What is going on? People should have discipline of integrity and dignity of self respect. It profit nothing to give information your know is false just to look superior or better connected when you are not and eventually end,up,in sending innocent and hapless beneficiaries into,the early grave arising,from hbp.
      May God help us while we continue to pray and wait to see the end of this puzzle.
      God bless

  4. Those in the habit of giving fake dates for disbursement should please stop that nonsense this year whether from SEM or NCs. We cannot believe any date given by anybody anymore. The only thing we want to hear and see is disbursement. Period… Good Morning dear all

  5. @EBEN WHY WHY WHY. WHERE & WHEN WAS THIS MEETING THAT DONALD SENT A COMMUNIQUE TO HELD? CAN U PLS SCAN A COPY OF THE ALLEGED COMMUNIQUE FOR ALL TO SEE? EVEN AFTER READING @AUSTIN POST ON THE MEETING OF NCS U STILL SENT THIS FAKE UPDATES. THIS WILL BRING INSULTS, ABUSES & CURSES. FOR THOSE THAT SAYS SEM HAS COURT CASES THE QUESTIONS TO ASK ARE 1. WHY HAVING THE CASES NOW? 2.WHO ARE THE PARTIES IN THE SUIT. 3 WHAT ARE THE SUITE NUMBERS. 4. IN WHICH COURT(S) ARE THE SUITS 5. WHAT IS THE DATE OF HEARING FOR I WILL WANT TO TRAVEL TO ABJ TO HEAR THE MATTER. LET NCS/SEM/DONALD SUPPLY THE INFO ELSE THEY ARE BUYING TIME & NEMESIS WILL SOON CATCH UP WITH THEM & THEIR AGENTS HERE & IN OTHER PLATFORMS

  6. @ Eben where exactly did you get this your update again? Why are people so wicked by keeping high hope on people. Mind you, Sem is no longer happy with all these fake updates flying up and down. How can they give disbursement date when SEM and Donald has more that one court case in court which the 1st hearing will commence by ending of this Month.
    House, pls disregard any update apart from the one from the National Secretary which @ Austin has given to you already.

  7. UPDATE ABOUT TODAY’S MEETING.
    Mr D did not attend as usual but sent a communique. Disbursement commences first week of February but there will be a training for directors. While training is going on disbursement is also going on.
    Meanwhile, NC’s percentage might commence towards ending of this month. This is the short briefing. My problem is not getting real update but Mr D keeping to his words. I pray he will not change this arrangement again and drag us till after election.
    People who always read and term every update fake and scam up to u. Thanks.

    1. Good afternoon to all of us here.
      Please @ Ebe , where and how comes about this your fictitious post here?
      Have you read the read the update from the NCs meeting that was held on the 18/01/2019?
      Why intentionally come here to post this lies of yours? Hope that you may have also read the update from SEM?
      So where is post here coming from please?
      Why all of these falsehood from some of you guys?
      And I am wandering what else is your mind to post here again?

  8. Daniel you the man .let everybody mobilize in the social media.I’m in support .please dan let me know as things unfold. God will vindicate us.we may be marched on but we will not bow.Donald and sem has really shown how naive and uninformed they are.we will flush them out even the ncs inclusive .no sinner shall go unpunished says the God of host.

  9. I SAID THAT DONALD WAS NOT IN THE MEETING BUT @NK ARGURED THAT D WAS LIFE IN THE MEETING. I INSIST WE TELL OURSELVES THE BITTER TRUTH. SEM HAS FAILED. IF SEM HAS CHALLENGES LET THEM TELL US THAN GOING INTO HIDDING. IF THERE IS A COURT CASE, LET US KNOW THE COURT/SUIT NUMBER & PUBLICISE THE DATE OF HEARING SO WE NIGERIANS CAN GO TO THE COURT & THIS WILL MAKE THE JUDGE KNOW THAT THE CASE IS A SERIOUS ONE BY THE CROWD. WE WOULD MAKE THE COURT KNOW THAT IT’S NOT A CASE WITH SEM ALONE BUT WITH OVER 10 MI5LION NIGERIANS. WHY ARE NAMCCA, NCS & OVER 10 MILLION BENEFICIARIES NOT JOINED IN THE SUIT? SEM HAS FAHLED OR LET DONALD/SEM PROVE ME WRONG. LET US GET READY FOR FEB 1.

  10. @Austine from ur latest update with respect to d recent Ncs meeting, what is ur view/take on disbursement reality looking at the paragraph that mentioned d court case. Be sincere

  11. Joseph businesses are not done that way.yes sem has an agreement with us which they are already breaching. They said 2weeks after the collection of certificate and now it over a year.yes they are owing us and if they try refund we sue them to limbo.joe seem cannot try it.they only thing they are doing is hiding under ncs.both soon Nigerians will bust the bubble. By Feb 1/2/2019.men will be making history.sem has really toyed with Nigerians and from what dan said people are starting to push back.Donald will not only refund but pay damages

  12. I stand with you Daniel. You will be patient with somebody when he opens to you and tell the person the truth.sem and ncs thought us to be fools but I’m happy some Nigerians are already answering the clarion call.let all of us join the protest.duping the masses is a cardinal sin.if it in China these ncs and sem would be hanging by now.

  13. @JOSEPH THERE IS A LIMIT TO HUMAN ENDURANCE & PATIENCE. WE HAVE BEEN PATIENT ENOUGH SINCE 2016. SEM HAS KEPT US IN THE DARK. @NK DONALD WAS IN THE MEETING & WAS NOT REPRESENTED. THE NCS DISCUSSED HOW TO EXPLORE OTHER GRANT ALTERNATIVES. INFO HAS IT THAT THERE IS GOING TO BE A PEACEFUJ DEMONSTRATION/PROTEST IN ABUJA ON FRIDAY 1ST FEB TO DRAW ATTENTION TO THE PLIGHT OF POOR BENEFICIARIES. THOSE IN ABUJA SHOULD PLS JOIN. THIS WILL ENABLE THE TRUTH TO COME OUT @ AK PLS U HAVE BEEN BADLY TREATED BY THE ADMIN BY CONSTANTLY DELETING UR COMMENTS. PLS GIVE US MORE OF UR UPDATES GOD BLESS ALL PEOPLE OF GOODWILL

    1. There is no limit to patience. Protest is ungodly and immature. You are not aware of what is onboard whether it is the day of protest that sem will come up with details / modalities of disbursements. Note also that in the eye of the law nobody has locus to protest against sem because you never had any direct transactions with them. You signed ucr but there is never any agreement you signed on when you should be paid the grant. Remember also that all the monies paid to your nc, its only 100k went to sem. What if sem calls you and gives you back your 100k? You then go back to your nc to collect the balance? What about that.
      We have endured let us persevere further, the grace is there appropriate it and it shall be well.
      God bless

  14. Who told you guys that Donald was not at yesterday meeting with the NC. He was there life and direct . Don’t bother asking me how i knew. Just as @ Austin has said, let’s wait for an update from the National Secretary. Any other update now is fake.

  15. Joseph the last people saw Donald was march last year.when he initiated signing of ucr.then Donald went of the radar.then he shared stipends to people in his church in Abuja that was all.from they certificate the banks were given they were told to present the certificate after two weeks.up till now no information. Yet everybody kept calm.if it were govt people would demonstrated. We must rise and say no to this absurdities. We must ask questions. Let people come out and ask questions sem must answer. They gave people certificate. We need answers now.if there no money they should tell us.please for God and for humanity we have to ask questions and the only way is through demonstrations.

  16. If this grant is from UN as someone claims. How come UN hasn’t made a comment on it. How come no available online link concerning this grant and its origin. Donald is a pseudonym of the agglomeration of multipurpose cooperative societies perpetuating this fraud and they have their syndicates all over the place sharing fake updates of which some are here. I will see how over a whooping 60trillion naira will be disbursed for first batch in this country. Keep dreaming…

  17. @AUSTIN THANKS FOR THE UPDATE. WITH THE AGENDA OF THE MEETING, IT MEANS THERE IS HOPE. WE PRAY SOMETHING GOOD COMES OUT IT. PLS FEED US WITH OUTCOME OF THE MEETING.

  18. *A Reminder* on *2019 Resolution*

    *Notice for General Meeting*

    *INVITATION AND AGENDA*

    Happy new year to all our great leaders.

    May you reap the fruit of your labour in Jesus name.

    In line with the latest development, am directed to inform you that there will be a general meeting on Friday (18/01/2019) by 10am at Grand Ibro Hotel Annex, Wuse, Zone 5, Abuja.

    *Agenda*
    1. Review of 2018 activities
    2. *30min Presentation:* Corporate Lecture on Grant Modalities and Evaluation by a Consultant who have consults for World Bank on Grant Monitoring and Evaluation.
    3. SEM matters and way forward.
    4. Setting Up Project Management Committee and Others
    5. Update on SEM Court matter
    6. AOB.: Restructuring.

    Once again, welcome to our year of Manifestation and Recovery.

    *The Good News is coming soon, come and listen to the modalities*

    PST Asogbon Godwin
    *National Secretary*

  19. @AdeniyiAnd Austin. Kindly update us on the outcome of the meeting between Bar Donald and Ncs today for us to know the next line of action of SEM

  20. @Daniel; If you put your money on fixed deposit, it is like the money you don’t have until the end of the fixed period. No matter what happens, you cannot have access to the money until the end of the fixed period. The details of how & why the money was fixed is available but cannot be put on this platform bcos of the volume of the content. On the donor, it is part of United Nations bottom up project for the eradication of poverty by the year 2030.Other African countries will also benefit and they are hoping to learn from Nigeria when it comes to their turn. Our prayer is that the grant will be profitably invested by all beneficiaries when received.————-Shalom

  21. N100trillion, (a whooping $300billion) to be shared as grant. Open your eyes my people. That figure is unrealistic. I fell for this aswell but more enlightened now.

  22. To all those who say “this grant is real”!Show me one evidence that this grant is real and I’ll show you 20 proofs that even your evidence is and the grant is all scam.
    My first point
    If each bank gets 10billion Naira according to SEM, and SEM wants to empower people in tune of 10,000 banks. When you do that multiplication that is a whooping 100Trillion Naira.
    Now my question. Is there 100Trillion ($300billion) as at today in Nigeria?
    Looks like the figure has blinded even the greedy eyes of some so called clergy men involved in this grant that they can no longer see vision of this big scam.
    When this bubble finally pops, it will be known that our clergy men has lost focus of their primary assingment.

  23. @d truth or whatever u call urself i thought u have been buried and forgotten over the last? I never knew u will still come back this year to insult/curse people for fake /deleting ur post, on a grant u never believed in, what a cowardice human being are you? U are lucky i am not d admin of this site, i would have placed ur comments on auto delete. U son of a bastard/bitch.
    This grant will definitely come but u will not have the privilege of getting it. MARK MY WORD U AGENT OF DARKNESS

  24. You guys keep saying time will tell, same story we have been hearing for 2 years now, before anyone of you will claim it is true can you Google the name Donald Olorunkeyede and see if you can see any picture of him, I am begininig to sense the name is even fictitious, tell me why his picture is not on Google ( before you argue with me Google your name and see if you will not appear) and that explains why he is never present at any meeting cos there is nobody by that name, the name was just forged to perpetrate this evil

    This below is coiled from THE NATION

    Recruits foot-soldiers from front-line churches, NGOs, cooperative societies, etc, across the country
    • Deploys social media platforms such as Facebook, YouTube, whazapp as major channels of communication
    • EFCC, other law enforcement agencies on the trail of alleged mastermind, Donald Olorunkeyede
    • Members of the syndicates already in police custody
    • Victims count losses, many dead from shock and debts

    TheNation’s reporters, in this special investigative report, expose the intrigues and underbelly of a new ponzi scheme allegedly operating under the Social Exchange Market (SEM), a so-called nonprofit, nongovernmental organisation which has fleeced unsuspecting Nigerians of over N55 billion under the guise of securing over $500 billion interest-free credit from fictitious donor-agencies abroad with the sole objective of lifting over 36 million Nigerians out of poverty.

    Let who that is wise listen and listen to the voice of wisdom, this point to the fact that anytime truth is been posted on this page admin always rush to delete it cos they are working together, they have their syndicates everywhere spreading fake updates.

  25. *SEM Update:*
    💪💪Update is here..

    Thank God Mr Donald has finally decided to show face.
    As we all know there is something flying around as time table, about zoning into 4. Yes that is true modalities. It is real. Mr Donald has decided to meet with the NC’s on the 18th of this month. The reason for the meeting is to discuss on the modality, fix time and date for disbursement. Mr D still maintained he will disburse direct to outlets and that if he do otherwise there will be a lot of killing. He rightly pointed out that he would not want anybody to lose his life on the cause of this disbursement. Venue for the meeting will not be disclosed for security reason. One gun shot for him. Two gun shots for him if he remain faithful to the meeting and many more gun shotsss for him when the money enter our hand. Keep praying for speedy disbursement without obstacle.👍👍

    Copied✍

  26. EVEN IF SEM GRANT, THEIR MODUS OPERANDI LOOKS MORE OF SCAM. STORIES STORIES STORIES. YESTERDAY IT WAS NCS VS NAMCCA, EFCC, CBN. VODAY IT’S VP. WHO KNOWS TOMMORROW PRESIDENT, SENATE PRESIDENT, SPEAKER HOUSE OF REPS, FEDERAL EXECUTIVE COUNCIL, 36 STATE GOVS, 36 STATE SPEAKERS WILL NOT COME FOR THEIR CUTS. MAY GOD HAVE MERCY.

  27. @ Paul and inno, this is how confusion will continue till everyone will be paid. Disbursement will occur unannounced. Outlet PD / chairman / sec will be called at random little by little for their cheques. This is for security reason . my people let’s us relax and face our daily work. We shall soon get it. This is update I heard my people. It is either u take it or leave it. If u think sem grant is real or fake, time will tell. But as for me it is real. Thanks.

  28. What I understood from the whole of this sem saga is that Donald erred from the onset.I believe he had a plan in the beginning. But the ncs and NGOs messed it up from the beginning.They saw it as an opportunity to extort the masses and bank directors. They ncs connived with seem and used some part of the money to set up sem.Donald had a long term plan of maybe using the data to solicit fun from philanthropist around the to raise money and share to the poor.but it is a long time project. Unfortunately the ncs frustrated the move by their greed and fed the masses rubbish. My own conclusion is that those of us devoted fund and time into this project are the victims.it painful but I don’t know when sem will succeed.all we can do now is to let the world know we have been scammed through protests .may be we can get some of the resources we sunk into this mess.

  29. @Pasmac and Law, can u pls let us know which Ngo is involved in d invitation messages because i jist called my state coordinator and he said no such message. Thanks

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