Last Updated on November 28, 2022
The Theobarth Grant is allegedly a project formed by the Theobarth Global Foundation, which is a Non-Governmental Organization (NGO). However, a lot of people want to know if the Theobarth grant is real, legit or if it is a scam.
What is Theobarth Grant
While Theobarth Global Services LTD is a registered limited liability company in Nigeria. The company’s status is currently inactive on the CAC Registry Database. The CAC or the Corporate Affairs Commission regulates the formation and management of companies in Nigeria.
According to claims, the Theobarth grant is a grant by the Theobarth Global Foundation which maintains that its objectives are “Crushing down the walls of poverty”.
Here’s the Theobarth Global Foundation vision statement:
“The NGO envisions a country in which the most vulnerable families will be helped out of hardship and create vital healthy lives for themselves and their communities, through our empowerment program”
The aim of the grant is to give grants to depressed families in Nigeria, who are not able to o make ends meet. Applicants for the Theobarth grant are allegedly likely to go home with, between N550, 000 Naira and N1,850, 000 Naira in this scheme.
But is this scheme real or is it a scam? What do you think? Well, we will get to that soon.
The Theobarth Foundation also allegedly distributed around 200,000 registration forms to launch the commencement of the Theobarth grant in its bid to empower over 774,000 persons across the country.
Also See: Binomo Investment: Scam or Real?
Is Theobarth Grant Real or is it a Scam?
Since The Theobarth grant scheme launched in 2022, there have been claims that the Theobarth Global Foundation has paid applicants but this isn’t true whatsoever. A simple search on Google and Nairaland and you’ll confirm that Theobarth grant payments are tall tales. No one has received a cent (or a kobo in this situation).
Theobarth Global Foundation has been claiming that people should register despite the fact there isn’t a way to contact the company. No Functioning website, No office address and no phone number to contact a company representative. That screams scam in my view but you’re entitled to your views as well. I’m just here to lay down the facts.
Someone I know claimed that they registered for the Theobarth grant and were asked to pay processing fees. Need me to say it again? Scam!.
From any angle, you look at it Theobarth grant is a scam scheme by bad actors to make away with people’s hard-earned money or at least collect important information like BVN, Phone number, Account number and so on.
Theobarth Grant Disbursement Update
For a scam scheme that claims its mission and vision is to uphold the highest standards of ethical behaviour, value, honesty, probity of account, and accountability this Grant scam hasn’t lived up to its noble notions. But what do you expect from a Scam?
Theobarth Global foundation or the people behind it claim that they have clusters/units around the 36 states of Nigeria. They continue to claim that the Theobarth grant disbursement will happen soon and it hasn’t happened for over a year.
There are certain websites that are helping to legitimize the Theobarth grant but you have to be careful not to fall prey.
The Theobarth Global Foundation and its perpetrators claim that hat they are still meeting with the federal government to ensure the ease of disbursement through the Central Bank of Nigeria (CBN) and to also make sure that the money gets to the right persons. But if you make enquires with the CBN, you’ll find out that there’s no Theobarth grant disbursement coming through.
There’s even a fake website you’re asked to visit: www.tgsl.com.ng doesn’t even work anymore.
In summary, the Theobarth grant isn’t real, they collect your information to scam you of your money after you register. If they can’t get money from you, they sell your information or try to hack your bank account. One way or the other you lose if you fall for the Theobarth grant, it’s up to you.
If you don’t want to lose your money and you’re looking for genuine investment opportunities as a Nigerian, check out this guide on legit investment opportunities in Nigeria.