₦airaland Forum

Luckyziakegha:
The Nigeria government has made plans to distribute N10 billion as trader Moni loan to all petty traders and artisans in 2020.

Under the trader Moni micro credit scheme, the F.G, through the bank of industry (BOI) has provides an interest free loan to all petty traders and artisan. The trader Moni loan ranges from N10,000 to N100,000 per individual.

The loan is termed to be part of the social intervention programmes under the President Muhammadu Buhari Administration.

According to the 2020 Bill that was signed into law by the president on Monday, N10 billion has was been allocated to BOI as Grants to BOI to help support low interest loan to SMEs'.

Reports also revealed that the same amount was allocated for the same purpose in the 2019 Appropriation Bill.

A BOI Officials who confirmed to Vanguard that the bank demoes not receive any other money from the Federal government apart from the fund received for the disbursement as Trader Moni.

The first loan to an individual under the Trader Moni guidelines is N10,000. Upon payment of the first loan, the individual qualifies for a higher amount. The maximum amount allowed is N100,000.

While the first loan of N10, 000 can be collected without Biometric Verification Number (BVN) or bank account, the borrower must have a BVN and a bank account for the next set of loans.

Recalled that the Federal Government said it will increase the number of beneficiaries to five million from 2.5 million annually.

Statistics from the Trader Moni Command Center showed that  N19.6 billion had been disbursed to  1.95 million Nigerians under the programme as at the end of October. The data also showed that 4.6 million people have been enumerated out of which 2.57 million have been verified.

Meanwhile, the Federal Government also plans to spend    N2 billion for the operations of the Treasury Single Account (TSA) operations.

This however represents 50 percent decline when compared to the N4 billion allocated for same purpose in the 2019 Appropriation Bill (Budget 2019).

Vanguard investigation revealed that the N2 billion allocated will mostly be spent to transaction fees to electronic payment service providers.

https://www.vivsco.com/2019/12/federal-government-to-distribute-n10bn.html

This is why this country lack support how can somebody with family start business with JUST #10000? If mistakenly you are with this money (10K) and your child comes back from school saying he is been drove home because of school feels will you not put hand in the 10K? we need real money to start business, not to put on suite and sell pure water.

Thank you for saying the truth, they think they can decieve Nigerians. If you say the truth you will die and if you are quiet, you will suffer and at the end die, it's better the way you said the truth.

there is a saying that says he that fights and run away live to fight another day. You are still talking from far, you are not a Nigerian.

i wish say my president them impeach since i no anything oo

9jaArea:
If we don't give them they will dam rivers and Nigeria will suffer it.

And who is surfering it? it's we the poor masses. I went to start a business the first thing I did was to buy generator to power my tools.
But I do understand you bro.

SEE LEVEL WE NO GET FOOD WE DEY GIVE OUR BROTHERS FOOD CHOP.

chibaby1985:
The immediate past Chief Justice of Nigeria, Walter Onnoghen, has been barred from travelling out of the country by the President, Major General Muhammadu Buhari (retd.).

Saturday PUNCH reports that the move may be part of a fresh probe into Onnoghen’s affairs. Onnoghen was convicted for not declaring his assets by the Code of Conduct Tribunal in April

An internal report issued by the Nigeria Immigration Service, which was read out to our correspondent by a top officer, stated that Onnoghen, his wife and daughter were attempting to travel to Accra, Ghana when they were accosted by immigration officers.

The report stated, “On November 11, 2019, retired Honourable Chief Justice of Nigeria, Walter Onnoghen, was attempting to travel to Accra, Ghana. He was in company with his wife, Nkoyo, and daughter.

“His passport, with number A50445233, was flagged because Justice Onnoghen’s name was on the watch list. The passport is currently in custody of the NIS.”

The senior officer told Saturday PUNCH that the passport seized from Onnoghen was not a diplomatic passport but the ordinary green passport.

The immigration officer told our correspondent that the directive to seize Onnoghen’s passport came from the Presidency.

“Justice Onnoghen will have to meet with the Presidency to know why his passport was seized. We are only following instructions,” the officer said.


https://punchng.com/fg-bars-onnoghen-from-travelling-seizes-his-passport/

https://ebeanonews..com/2019/12/fg-bars-onnoghen-from-travelling-seizes.html?m=1

What exactly is happening I thought this case have been closed

LordviccoDaGuru:
keep wailing till the Second coming of Jesus Christ Buhari for President 2023. Yusuf Buhari will succeed Buhari in 2031

I reject all of you

I remember at the end of 2018 the general oversea of OMEGA MISTARY Church gave is prophecy that one of the presidential aspirant will be arested.

Today Sowere is been arested by the DSS.

Last last our president don add weight

09039546745

I was chating with my girl friends mom after sending her airtime twice she said she is single how she take born my girl na [color=#006600][/color]

Fearless

[color=#000099][/color][b][/b][center][/center]My brothers and sisters in Nigeria we have left to fight the problems and choose to fight a lost battle which is wrong, the only solution is not power plants because it have great disadvantage, if you are interested in the solution quate me and i'll give you my contact.

Is this sure game?

This his absolttely wrong how can somebody be having 2000 naira in his/her account and you will expect him to pay I want some objection

A Gadi Ekwe Nka's { Oluwa na your hand I dey Ooo}

[quote author=bishopkay post=79887243]Lol, you are right in some aspect, his treating us like a sodier forgeting the we are in military regim, they said they need a man. His a man they need, I wish I could bring my real idea on air but it's not possble.

To me the law maker his a bad influence and bad example to us, what do you think he does others in secrete? he should PAY for each slap he gave to the lady and also PAY for stepping on her right as a citizen in this great nation Nigeria.

[quote author=bishopkay RUGA fall on y'all! Amen![/quote]My brother who is RUGA? in Nigeria I tell you the truth if all Nigerian's can contribute money and raise one person then the time of godfatherism will over and we'll be free. Don't look at them.

Not all Nigerian's but the Yuroba's mainly, a true leader is not suppose to be self centred. My dear president with respect I tell you he is not a right choice for us, all we need to do is to start arranging for our next president so our votes will count.