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. @ 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.

  2. 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.

  3. @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

  4. 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

  5. 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.

  6. 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.

  7. 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.

  8. 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…

  9. *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*

  10. @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

  11. 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.

  12. 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.

  13. 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.

  14. @ 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.

  15. 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.

  16. You guys should relax. Our state coordinator also invited us to a meeting on Friday being 11th of January, 2019. He showed us a text he regarding their invitation to Abuja. As for my NGO, all the State Coordinators are traveling this coming Wednesday. Therefore, Law was right in his update.

    1. Good update, please can you confirm to us if the CEO of your outlets were part of the people invited to Abuja or just the state coordinators.

  17. @Austin and Daniel, do you think nehemiah need not to collect hisown share ? You all know this is non governmental grant, he too took part on it. See the huge amount NGO Ceo would collect. Do u think bar Donald himself will not take his own share ? Make sem settle people they feel and disburse the left over. Money is not enough for a rich man.

    Concern ing grant payment, according to info I heard, it may lead to after election by human, it is only God that can let it be this Jan. Thanks, @ Amazing, it is better u stop coming here for sem update, if u think we are liars. Leave the group of liers. The man that called himself the truth did than u, he is no more to be found here again. Thanks.

    @ admin, stop depleting our post. My own post deleted too. Thanks

  18. @Daniel; Barr Donald has been enjoying the fixed deposit on this grant for the past 2 yrs. If he fails to yield to VP pressure then he will not escape a probe. If the master does not eat, the crumbs will not fall from the master’s table——–Shalom.

  19. @AUSTIN I’M IN SUPPORT OF THIS. BUT THE QUESTION TO ASK IS WHAT CORRUPTION IS THE APC GOVT FIGHTING THAT THE VP MUST DEMAND FOR HIS CUT? WHY THE BLIND ACQUISITION OF WEALTH. WHERE IS LATE GEN. SANI ABACHA & ALL THE MONEY HE ACQUIRED? INSTEAD OF THE VP ASSISTING FOR THE GRANT TO BE DISBURRED TO THE DOWN TRODDEN, PHE VP IS BUSY GOING TO MARKETS TO GIVE OUT A PALTRY 5K CALLED TRADERS MONEY. WHEN A CERTAIN COORD MENTIONED THAT DONALD HAS BEEN DODGING FROM THE VP B/C OF HIS (VP) DEMANDS, I DID NOT BELIEVE. BUT NOW I KNOW IT’S TRUE. ONE THING I KNOW & WHICH IS SURE & CERTAIN IS THAT THERE IS GOD WHO RULES IN THE AFFAIRS OF MEN.

  20. @ Paul; The details I sent to you reveals that Barr Donald need to meet VP conditions if he must disburse b/4 the elections. Barr.Donald has all it takes to meet the condition. Much pressure is on Barr Donald to submit to VP request so that we can all smile b/4 elections.This grant is real & the money must go round.———–Shalom

  21. I JUST DEY KEEP MY FINGERS CROSSED & WATCH WITH WITH ONE CONNER EYE. THE WORDS OF THE FIREMAN @ THE FISHING PORT IS ALWAYS REMEMBERED WHEN THE FISHERMEN COME BACK FROM SEA & THERE IS FIREWOOD TO DRY THE FISH CAUGHT. I FIRST MENTIONED THE IDEA THAT WE SHOULD EMBARK ON MASS ACTION TO DRAW ATTENTION TO OUR PLIGHT AS FAR BACK AS JUNE/JULY. MOST PEOPLE ON THIS PLATFORM OPPOSED IT THAT WHEN THAT IS DONE GOVT WILL INTERVENE & IT’S AN NGO ISSUE. IT IS NOW VERY CLEAR THAT GOVT HAS INTERVENED THROUGH EFCC, CBN ETC HAS INTERVENED IN THE PROGRAM. I STILL INSIST THAT GOD HAS DONE WHAT NEEDS TO BE DONE. THE REST IS FOR US TO DO OUR PART. RIGHT FROM THE TIME OF JOHN THE BABTIST, THE KINGDOM OF GOD SUFFERS VIOLENCE, & THE VIOLENT TAKE IT BY FORCE. THE TIME FOR US TO ACT IS NOW.

  22. @Amazing, I will advise you stop attacking or laying blames on anybody. Austin is just passing information based on what he heard or copied from other groups. Remember, it was because of this same abusive words that made People to stop giving a privileged information which some people later apologized on behalf of others.
    I advised that you read and pass any update that will be given by anybody. Austin and co are not Barr Donald or SEM to transfer our aggression to.
    I can assure you that most update I got from here, I personally had also heard or read it up from People that you can never doubt their information. My simple advise though.

  23. The most confused element @Austin(Lai Mohammed jnr.) has dropped a hint this year after being donaldo mouth piece last year.

    Austin
    DECEMBER 22, 2018 AT 2:29 PM
    @Paul; If SEM should speak, Nigerians will over react and it will affect the whole program. Barr. Donald has been speaking but he speaks with mature minds. Barr. Donald believes that something can still happen on or before 31st Dec. 2018.———-Happy Weekend

    Austin
    JANUARY 11, 2019 AT 2:14 PM
    What Barr. Donald & VP are doing with this grant has been revealed. The love for money the Bible said is the root of all evils. We shall know them by their fruit ( not church titles). Even after disbursement, the judgement of God that ruleth over the affairs of men still awaits them (SEM,someNCs & some PDs)———SHALOM

  24. Marcus gavi,Gandhi, Luther are ordinary men with extra ordinary courage. We should instead of complaining should start protest at the end of this month.evil abide in this world when Godly men sit back and do nothing. Please for the sake of humanity and God let bring Donald and co to order

  25. What Barr. Donald & VP are doing with this grant has been revealed. The love for money the Bible said is the root of all evils. We shall know them by their fruit ( not church titles). Even after disbursement, the judgement of God that ruleth over the affairs of men still awaits them (SEM,someNCs & some PDs)———SHALOM

  26. @ Daniel. That is the truth. This young man @AK has been complaining about deleting his post by Admin and I didn’t believe him, but now I can see that it was a deliberate act by Admin. if not why must it be only his post that has been having this issue. Does that mean that the Man is saying the truth or exposing SEM? This is not just fair at all. Everybody has the right to write whatever he/she heard that is an update whether real
    Or fake, it is left for us to know the ones to believe or not, after all SEM has never given a direct update to anybody. Enough of all this marginalisation from the admin.
    Whatever that is good for the goose is also good for the gander.

  27. THE TIMETABLE IS FAKE. I JUST CALLED MY REGINAL COORDINATOR OF MY NGO TO FIND OUT IF SHE HAS CONTACTED THE NC IN RESPECT OF TIMETABLE ON NET & SHE TOLD ME SHE HAS CALLED THE NC & HE TOLD HER TO IGNORE THE TIMETABLE. IT SURPRISES ME HOW PEOPLE WOULD JUST PREPARE ANY TRASH & POST ON NET. THE NCS HAVE BEEN SETTLED & GONE INTO SILENCE. WHO WILL SPEAK FOR US ORDINARY BENEFICIARIES?

  28. Peter Gbenga:
    Join this update channel
    TIME-TABLE SCHEDULE FOR DISBURSEMEN T AS AT JANUARY 7th 2019.

    SOUTH WEST ZONE
    LAGOS, OYO, EKITI, OGUN, OSUN AND ONDO STATE.
    VENUE: REDEEM CAMP HALL, LAGOS STATE

    SOUTH-SOUTH ZONE
    CROSS RIVER, DELTA, EBONYI, ANAMBRA, ENUGU, IMO, EDO, ABIA AND PORT-HARCOURT, AKWA-IBOM
    VENUE: CALABAR

    NORTH ZONE
    JIGAWA, KASTINA, GOMBE, KANO AND KEBBI
    VENUE: GOMBE

    NORTH CENTRAL ZONE
    FCT ABUJA, KADUNA, NASARAWA, BENUE, BORNO, ADAMAWA, BAUCHI, ZAMFARA.
    VENUE: ABUJA

    NOTE:
    ALL CHAIRMAN AND SECRETARIES ARE TO REPORT TO THIS VENUE FOR COLLECTION OF THEIR OUTLETS CHEQUES.
    CONGRATULATIONS ALL!!!

    » Copied, but confirmed from our sources.
    » Other details withheld.
    » May God perfect it all! 😊🙏🏽🙌🏽
    _ _ _ _ _ _ _ _ _ _ _ _ _

  29. @Emma When is the time table coming out for collection of cheque by chairman and directors for test running of disbursement according to the grouping.

  30. @Emma: Everyone including NCs are equally beneficiaries. They are even the biggest beneficiaries because whether the grant is disbursed or not, they have made their money by exploiting and extorting those you refer to as “beneficiaries”. For SEM office, except if they commenced work there today. This platform is a scam from all indications. Admin you can go ahead and delete my post.

    1. @D1, did u copy this information from a platform or you went to the place to confirm .if it was copied ,please indicate “copied” thanks

  31. What is de authenticity of the post that disbursement has started last year and that cheque are being given based on the four group/region.People should be mindful of what they post on this platform just to raise the hope of innocent Nigerians being defrauded for enough is enough, all SEM agents should stay clear of their unfounded truth.Mobilisation are secretly ongoing for protest if nothing tangible is done on before the end of january 2019. We are still waiting but let them know this ( SEM)

  32. Tip:
    I just called the man now he told me that disbursement has already started with the south west since last year but the once that have not collected will complete theirs at Redemption camp in Lagos, According to SEM time table from on Monday Chairmen in south south will go to Calabar for their cheques, South East will go to Abuja for theirs and North will go to Gombe state………this is the latest info as at 12noon Friday 4th January 2019. Every information remain secret plsssss
    Everyone should make sure their phone is on as from on Monday because when the chairman is called upon, he is expected to be there the next day and so it is adviceable that they look for their transport money on ground as failure to get to the venue d next day may result to postponement of their cheques been given to them at a later date or time.
    #copied#

  33. @ inno and Bako, truly, i did not count it on anybody. We update ourselves on what we heard from n/c or people close to SEM. It may be true or false, it is for us to confirm it. out of rumours , there is truth.

    Any update i heard again, i will let house know. What i heard last is that all chairman / PR are no longer going to Abuja again. i heard it has been zoned to 4 region. and also there is a license SEM need to have to enable them disburse directly to outlet a/c, you all know NGO will not disburse again to outlet and Ngo have the license. There is no specific date for disbursement. I dont know whether it is true or false, house should confirm it.

    Please, let everyone continue to face our daily work. Some people dont know that grant is not quick fund. It take longer time with due process. But SEM suppose to have been giving people update, i dont know why they keep mute. Thanks.

  34. @AK please can i meet in person in Abuja one of these days ? I’m in Abuja here. Any date, time and venue you give is ok by me
    I want to suggest Top Rank Galaxy hotel as venue.
    Just give me date and time please
    God bless you

  35. @AK MARCH? PLS CAN THOSE IN ISHIBA, BETHANY, SUNCITY & KINGDOMWEALTH CONFIRM IF DISBURSEMENT HAD COMMENCED IN THOSE NGOS. THANKS

  36. Have been reading Ur comments guys
    The responds I got wen I emailed EFCC through their email address wen I asked d reason for sealing and locking SEM office,was’I am in no position to tell u,wen it is tym EFCC will make it known to d public’ dat was responds
    Let’s look into those statement
    Y say wen its tym dey will make it known to the public,y not dey will unlock SEM office to resume activities after finishing their investigation

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