Fidelity bank card banner Camano banner
FG debunks rumoured suspension of Trader Moni scheme

By Dennis Erezi on 21/03/2019

Views: 378

•Some Trader Moni beneficiaries in Osun
•Some Trader Moni beneficiaries in Osun

Nigeria government on Thursday said it has not suspended its social intervention programme, Trader Moni, contrary to some media reports.

“Our attention has been drawn to false claims that have been making rounds on social media about the suspension of the programme. We outrightly discard such information,” Trader Moni said in a tweet.

Trader Moni scheme was launched in November 2018 under the Government Enterprise and Empowerment Programme (GEEP) by the Muhammadu Buhari led-government.

It offers traders collateral-free loan of N10,000 for a start.

There are no specific figures on the number of traders that have benefitted from the scheme across the country.

However, a statement released on the scheme’s Twitter handle said beneficiaries of the scheme have completed the N10,000 and N15,000 stage of the scheme and advanced to access a N20,000 collateral-free loan.

“The programme continues and we are pleased to inform you that some beneficiaries have received the next loan of N15,000 and we are looking forward to the subsequent loan of N20,000.”

Sourced from The Guardian report

 

Source News Express

Posted 21/03/2019 7:27:34 PM

 

 

CLASSIFIED ADS

 

You may also like...
Senate wants N182.5bn for constituency projects (N1.7bn for...

Aishat Buhari did not request for vehicle from...

Imo guber: Uche Nwosu’s banner under AA floods...

9 Fulani herdsmen, 25 cows, 51 sheep arrested...

British Airways passenger ‘fighting for life’ after bag...

Senate to probe MTN’s alleged transfer of $13.9bn;...

Ramaphosa wins South Africa’s succession battle, beats Zuma’s...

MOSOP warns public against Pyagbara •Affirms Fegalo Nsuke...

Mob slaughters 300 crocodiles

Oba Ewuare: Here comes the strong man of...

Panic as Boko Haram attacks Yobe council headquarters...

19m Nigerians disabled: NPC

 

Latest News Presidential Election Tribunal turns down PDP’s request for more time to close case UNVEILED: Persecuted Nigerian Christian hosted in White House by US President Trump (PLUS PHOTO) Why most state governors have not formed cabinets — Intersociety *Hits Speaker Gbajabiamila for appointing 33 aides Funke Olakunrin: We can no longer allow our people to be killed like chickens — Gani Adams Kidnapped 5-year-old Bayelsa girl still held in captivity after payment of N1m ransom Adegboruwa sends SOS to Sanwo-Olu over Ikoyi Cancer Treatment Center Nigerian Prof. dismissed by Ghana varsity opens up Man who married two sisters commits suicide over adultery Call your violent members to order, CAN tells Miyetti-Allah Immigration officer, 14 others in EFCC net for alleged passport racketeering Abia Poly begins online publication of results El-Rufai appoints new Accountant-General, DG KADGIS

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (509,728 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (431,451 views) Shameless Genevieve Nnaji exposes breasts in public (373,384 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (316,683 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (282,409 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (247,162 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (239,179 views) 10 cars more expensive than Jets (223,572 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (221,165 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (208,714 views) Lagos plane crash: Journalist releases victims’ names (188,312 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (186,945 views)

 

NLNG Job Vacancy

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (97) Business & Economy (4,356) Business Verdict (76) Columnists (1,074) Complaints & Requests (95) Enterprise & Opportunities (211) Entertainment (635) Features (779) Global Business Monitor (396) ICT Monitor (53) International (3,723) Interview (192) Live Commentary (30) Love Matters (163) Maggie's Blog (342) News (48,805) Opinion (1,290) Pidgin (17) Politics (11,167) Religion (1,051) Sports (2,101) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera