Depoliticising the ‘TraderMoni’ scheme

IN June this year the Federal Government announced its intention to introduce the “Trader Moni” scheme as part of its Social Investment Project, SIP. The scheme, which was activated on September 6, 2018, advances interest- and collateral-free loans starting with N10,000 to the lowest level of market traders (particularly market women and artisans) with a view to upgrading those who pay back up to N50,000.

Source: Depoliticising the ‘TraderMoni’ scheme – Vanguard

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