The Federal Government has said in the next few weeks it is going to provide 500,000 petty traders across the country micro loans of N5bn to cushion the economic hardship caused by coronavirus lockdown.

It said it would do this through the Tradermoni, Marketmoni and Farmermoni programmes, adding that 100,000 of such traders had already got the loans.

A statement from the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development indicated that it would be doing this through the Government Entreprise and Empowerment Programme, which had been activated.

It is one of the social intervention programs, comprising TraderMoni , MarketMoni and
FarmerMoni , and executed by the Bank of Industry.
Read details below
https://www.vivsco.com/2020/04/fg-to-disburse-n5bn-loans-to-500000.html

Isorite

What more can i say,good move...

Anything to revitalize the economy after the shutdown is encouraged.

But doing this without a comprehensive and verifiable data is questionable.

Post Covid-19, the government should be sincere enough to embark on aggressive data collation of all Nigerians once and for all.

.

Lol....not that i'm being a pessimist but last last, we know how this matter go take end.

Lol.
Another scam

Another one! So na only share money we go dey hear?

Ayam not understanding this country again.