General
FG To Give Two Million Traders Loans Without Collateral
The Federal Government has inaugurated a new initiative under the Government Enterprise and Empowerment Programme to empower two million petty traders between now and the end of the year.
The initiative called the Trader Moni is meant to further enlarge the present administration’s financial inclusion agenda for all Nigerians regardless of social class and economic status.
The Senior Special Assistant to the Acting President on Media and Publicity, Mr Laolu Akande, disclosed this in a statement on Sunday.
Akande explained that the scheme which was inaugurated in Lagos last week would grant a minimum of 30,000 loans in each state of the federation and the Federal Capital Territory.
He said the two million mark was expected to be attained on or before the end of the year, with petty traders in Lagos, Kano and Abia states set to be the first round of beneficiaries to draw the collateral-free loans.
He said, “In addition to the 30,000 loans per state, states with a larger population like Lagos and Kano are expected to get more than 30,000 loans.”
-
Technology2 years ago
VoIP Number: Everything You Need To Know
-
Music1 month ago
[Music] Gnash Ft Olivia O’Brien – I Hate you, I Love you
-
Music1 month ago
[INSTRUMENTAL] John Legend – All Of Me
-
Music1 month ago
Alan Walker – Faded [INSTRUMENTAL]
-
Music1 month ago
[Video] 21 Savage ft. Offset & Metro Boomin – Rap Saved Me
-
Music1 month ago
[Instrumental] Wiz Khalifa – See You Again ft. Charlie Puth
-
ANE Stories4 months ago
[STORY] AMAKA THE LESBIAN (Complete Episodes)
-
Music1 month ago
[Music] Akon – Sorry Blame It On Me