Tempo of trade heightens as Osinbajo takes ‘TraderMoni’ to Osun

Vice President Yemi Osinbajo


To launch one of the social intervention programmes of the Federal Government ‘TraderMoni’, Vice President Yemi Osinbajo was in Iwo, Osun State where he said no government in the history of Nigeria had outperformed President Muhammadu Buhari on the economy.

‘TraderMoni’ is being implemented in collaboration with Bank of Industry (BoI) and Government Enterprise and Empowerment Programme/GEEP.

Osinbajo said the programme was targeted at funding micro-business in the country. Under the programme, he said beneficiaries would get N10, 000 each repayable within six months, adding that beneficiaries that meet the schedule would qualify for a bigger loan of N15, 000.

He said: “TraderMoni scheme is targeted at petty traders, market women, artisans and small scale business enterprises to cater for ultra-micro enterprises.

“The policy of the Federal Government is to support businesses, not just big businesses but particularly small, medium-sized businesses and micro businesses.

The whole idea is that we want to ensure that we give whatever support to people to alleviate their businesses”. He commended Buhari for placing high premium on the welfare of Nigerians, urging people to encourage the President to do more by re-electing him in 2019.

The Vice President added that Nigerians had always been at the centre stage of the administration’s policies, adding that it has done excellently well to eradicate poverty in the country.

Read more at: https://www.vanguardngr.com/2018/09/tempo-of-trade-heightens-as-osinbajo-takes-tradermoni-to-osun/
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