ObservantFellow:


E dey pain me because this is deja vu. Rochas used this same ploy back in 2015. And it worked. The only downside is that they failed to materialize once the elections were won

FarahAideed:


Out performed PDP where exactly ?

Is it economy ?

Is it corruption?

Is it access to health care?

Is it poverty alleviation?

Is it access to electricity?

Is it Human rights ?

Is it Maternal mortality?

Is it infant mortality?

Is it livability index?


Where exactly did they surpass PDP so we can discuss

buhariguy:
but you voted for your ineffectual buffoon as he was given the jobless aggressive lazy idiotic pigs of Biafra millions, 7 billions to fake pastors and 7billion to each of those jobless aggressive lazy idiotic terrorist social cultural leaders like ohaneze, afeniferi etc. To garner vote for him, instead of to let the stipend reach the masses.

Merimental:
mor like "TWO MILLION CORE NORTHERNERS TO GET COLLATERAL FREE LOANS"
if u ain't 4rm dat region, go hussle n 4get about dem cos notin 4 u.

Butterflyle0:


Well this materialized since June when TraderMoni was launched

limeta:
In Jona time they did not need loans
Business was booming .
First they make you very poor and later come to pretend to rescue you
This is how Turkey became a Muslim country
APC is pure evil

luvinhubby:


Two things, you are either

1, Living with your parents and being taken care of


Or

2, You are living off a lady as her service boy.

If not, you should have known that ₦10,000 cannot start any business that can take care of anybody in this country currently.

FarahAideed:
Where is the electricity?

Where are the jobs ?

Where are the refineries ?

Where is the good economy?

Where is the security ?

Where is access to healthcare ?


Buhari has failed to deliver all of the above only to turn into a father Christmas fascist months before the election in a bid to sway voters with such wild deception that I even consider an insult to Nigerians ....Nigerians must unify and reject such a bad govt in totality because we did not not vote for Buhari to become a stipend doler.

GavelSlam:


SalamRushdie you are an incorrigible and shameless being.

GavelSlam:


SalamRushdie you are an incorrigible and shameless being.

SalamRushdie:


I see you are becoming paranoid Mr man and it's good ..SalamRusdie Indeed

FarahAideed:


Are you tired of playing butterflyle0 already ...You think everyone is like you shei...this is m only moniker

FarahAideed:


Are you tired of playing butterflyle0 already ...You think everyone is like you shei...this is m only moniker

FarahAideed:


Are you tired of playing butterflyle0 already ...You think everyone is like you shei...this is m only moniker

GavelSlam:


In your little mind, anyone that has a good command of the English language is Gavel?

Try get sense.

SalamRushdie:


So diabolic GavelSlam is the miserable butterflyle0 , very interesting and here I was thinking Gavel had repented

FarahAideed:
Where is the electricity?

Where are the jobs ?

Where are the refineries ?

Where is the good economy?

Where is the security ?

Where is access to healthcare ?


Buhari has failed to deliver all of the above only to turn into a father Christmas fascist months before the election in a bid to sway voters with such wild deception that I even consider an insult to Nigerians ....Nigerians must unify and reject such a bad govt in totality because we did not not vote for Buhari to become a stipend doler.

FarahAideed:


So you think if stop typing in bold fonts we won't know you ? I know how your evil mind works and I can spot your traits all over that butterfly moniker

gare:


This is what i have said all along no plans to move this country forward, now its hand me down, how can this guys do business and survive when we do not have a healthy economy, this will not work, we need and plan and good policy to move the country forward.

Butterflyle0:


Oga shut up with this your paranoia.

Gavelslam isn't me and if you think I am behind that moniker then I can see why you would blindly follow and support thieves and looters especially since your mind is now on auto drive and becoming erratic

FarahAideed:


This your Buharis logic of calling anyone at speaks against this very bad govt as lover of thieves is dead on arrival...You call people thieves but in 3 years your President has not been able to jail any till date ...

KanwuliaExtra:
Bribing scheme loading . . . . .aka payment for votes!
At the 99th hour. . . . .

Butterflyle0:


You are obviously a tree rooted to one spot.

Everyone is moving forward in Nigeria except you .

Even the market women in the OP are so glad at the financial boost regardless of how little it is and will move forward with it and you sit there and say " it will not work".

See armchair economists that do not know that its the little businesses on the streets that drive bigger businesses same way a stream empties itself into a river and a river into the sea.

Even nature teaches these simple economic principles but can you see that? Of course not.

Keep wailing

gare:


what you dont seem to understand is that your analysis above can only thrive in a friendly business economy with all the necessary infrastructures in place like regular power, security, good roads, goo taxation system for your information we have moved on, you can sit there in Nigeria waiting for handout from the govt to Nigerians without good business plans, after 6 months of this handout check the beneficiaries you will see the money is all gone.

I am not against the hand out but that is not the first thing for them to do, there is still need for a lot to done on the economy before this handout, i bet you the economy will swallow the handout and it will seems as if nothing was done in the first place

SternProphet:


I predicted a lot of palliative before the elections and I am an APC supporter. There will be much more. You just wait. When everything is finished you will know what people power means.

Butterflyle0:
STATE HOUSE PRESS RELEASE

TWO MILLION NIGERIANS TO GET COLLATERAL FREE LOANS IN BUHARI ADMINISTRATION’S NEW MICRO CREDIT FOR PETTY TRADERS

*EACH STATE, FCT TO GET MINIMUM 30,000 BENEFICIARIES

*SCHEME OPENS IN LAGOS, KANO & ABIA TO FOLLOW

*GOES ROUND COUNTRY BY YEAR END

In a determined and significant bid to further enlarge its financial inclusion agenda for all Nigerians regardless of social class and economic status, the Buhari administration has launched a new initiative under the Government Enterprise and Empowerment Programme (GEEP), called the TraderMoni, which will empower two million petty traders between now and the end of the year.

The scheme, which was launched last week in Lagos, would grant a minimum of 30,000 loans in each State of the federation and the Federal Capital Territory.

All together, the 2 million mark is expected to be attained on or before the end of this year, with petty traders in Lagos, Kano and Abia States set to be the first round of beneficiaries to draw the collateral free loans.

In addition to the 30,000 loans per State, States with larger populations like Lagos and Kano are expected to get more than 30,000 loans. Across the country, especially in the pilot states, about 500,000 potential beneficiaries have so far been enumerated.

In order to identify the beneficiaries, no less than 4,000 enumeration agents have been engaged by the Bank of Industry which is deploying the new scheme.

TraderMoni is designed to help petty traders expand their trade through the provision of collateral free loans of N10,000. The loans are repayable within a period of six months.

Under the scheme, beneficiaries can get access to a higher facility ranging from N15,000 to N50,000 when they repay N10,000 within the stipulated time period.

The goal of the Buhari Administration is to use the TraderMoni to take financial inclusion down to the grassroots, the bottom of the ladder, considering the contribution of petty traders to economic development.

The Federal Government is also aware of the fact that many of the petty traders don’t have what the commercial banks require to grant them loans.

This administration is keen to ensure that such traders at that level are able to build their businesses and grow.

TraderMoni was launched last Tuesday in five markets in Lagos State, with tens of thousands beneficiaries already. The Lagos markets already reached are Mushin, Ikotun, Agege, Ketu, and Abule Egba markets.

The scheme will soon be taken to other states in the country, with Abia and Kano states next in line. Beneficiaries are already heaping praise on the Buhari administration for this initiative that will improve their businesses.

A trader in one of the Lagos markets, Anna Enwerem, thanked President Buhari for the initiatives. “I sell clothes. This N10,000 would do a lot for me and my children. I like this programme so much. I will pay the loan before six months’ time. Before I didn’t believe it, but now that I have received my money I believe," she said.

Similarly, Chief Mrs Mufiat Adewumi, a market women leader in Lagos, said it will help ordinary Nigerians who cannot have access to commercial banks’ credit facilities because they don’t have collateral, “We are happy about
the TraderMoni because this is what we have been expecting for long, that the Government should assist the masses, especially the traders. We thank the Federal Government so much.”

Laolu Akande
Senior Special Assistant to the President on Media and Publicity,
Office of the Acting President,
12th August, 2018

Link

https://www.premiumtimesng.com/news/more-news/279939-two-million-petty-traders-to-get-collateral-free-loans-fg.html

Mynd44, OAM4J I think Nigerians need to be aware of this and benefit too