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FG To Distribute N10bn Trader Moni Loan In 2020 - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG To Distribute N10bn Trader Moni Loan In 2020 (16677 Views)

Traders Celebrating After Receiving Trader Moni In Ibadan (Photos) / Osinbajo Launches Trader Moni In Calabar (Photos) / Trader Moni: Two Million Nigerians To Get Collateral Free Loans In Buhari's Govt (2) (3) (4)

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Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Nobody: 12:49pm On Dec 20, 2019
itsme01:



India stoped being poverty capital through soft loans and revolving loans
Soft loans of 10k naira
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Nobody: 12:52pm On Dec 20, 2019
itsme01:


revolving loans are not to start a business, but to restock your wares.. its opreating cost.. while you complain.. if baba kamoru gets 10k, he would go and rent danfo bus with 6 and buy fuel 3 k, eat with 1k and still make more than enough plying ikeja along route.. while entitled graduates wail all day... iya risi ka can cook rice and beans with meat with 10 k and take it to the motor pack to sell, while emeka would go and buy enough okirika bail and still make profit
And how many baba kamoru do we have in Nigeria. 10k is not just enough. If govt is serious they should give out 100k and above or invest the 10 billion on something else.
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by SenecaTheYonger: 12:52pm On Dec 20, 2019
37 billion for National Assembly
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Okuda(m): 12:54pm On Dec 20, 2019
CapitalHYC:
What type of Loan is 10 thousand in this kind of bad economy... Money that is not enough to feed a family for a week

one week? of you eat 3 good square meals, that money wpuld finish in 2days
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by itsme01: 12:54pm On Dec 20, 2019
charliboy654:

Soft loans of 10k naira

with less than 10k akara seller would make daily turnover of 5k-10k , grandnut and pepper seller would make profit even a lemonade stand in US with $50 kids make huge profit.. its all about the mindset besides if you pay back they give you more

1 Like

Re: FG To Distribute N10bn Trader Moni Loan In 2020 by itsme01: 12:58pm On Dec 20, 2019
charliboy654:

And how many baba kamoru do we have in Nigeria. 10k is not just enough. If govt is serious they should give out 100k and above or invest the 10 billion on something else.

they have trader money starting with 10k, they have GEEP Government Enterprise empowerment programme that gives over 500k to few millions, they have anchor borrowers for farmers and they have funds with bank of industry and bank of agriculture... even in uk your credit score determins what you can borrow. so long genuine traders are not complaining i see no problem
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by voltron14: 1:07pm On Dec 20, 2019
DenreleDave:



U can say anything sir, think anything .. I don't care... What has this nation done to help other unemployed people out there that are ready to work..


Tell me, the one they gave last, is it not bcox of election?

Someone like you who spells because as bcox would continue asking stupid questions.

I'm sure this year's loans is because of 2023 to.you.

1 Like

Re: FG To Distribute N10bn Trader Moni Loan In 2020 by WELEBOO(m): 1:14pm On Dec 20, 2019
WHY CAN'T THIS MISGUIDED GOVERNMENT USE THIS MONEY AND THE ONE FOR THE RENOVATION OF THE NATIONAL ASSEMBLY FOR ELECTRICITY FOR CRYING OUT LOUD. BIG BLIND COUNTRY
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by michoim(m): 1:18pm On Dec 20, 2019
Subzero047:
Chai these people have looted us dry
You always take everything from a negative sense...
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Judolisco(m): 1:21pm On Dec 20, 2019
And 37 billion to renovate house of Assembly
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by FutureIG: 1:24pm On Dec 20, 2019
TMSMedia:
The Federal Government has mapped out N10 billion as Trader Moni loan to petty traders and artisans in the 2020 fiscal year, IgbereTV reports.

The loan is part of the social intervention programmes under President Muhammadu Buhari led administration.

According to IgbereTV reports, N10 billion was allocated to BOI as ‘Grants to BOI to support low interest loan to SMEs’. This was contained in the 2020 Appropriation Bill signed into law on Monday by the President.

The Federal Government, through the Bank of Industry (BOI) provides interest free and collateral free loan to petty traders and artisans, under the Trader Moni micro credit scheme. The loan ranges from N10, 000 to N100,000 per beneficiary.

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


http://igberetvnews.com/1202218/fg-distribute-n10bn-trader-moni-loan-2020/

For Ondo and Edo gubernatorial elections.
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by TruthinAction: 2:17pm On Dec 20, 2019
Visionless government. If everybody becomes a trader, who will buy from who. We need new industries that will give our youths and graduates gainful employment. We should start producing most of the things we can import. The government should start with petroleum products which they take abroad to refine and save foreign exchange. Oh, they won't do it since they are benefiting from the system. What is killing I'd corruption rooted in selfishness. List of things we still import that we can produce are

1. Cooking stoves
2. Keke na pep and other cars
3. Shoes
4. Candles
5. Toys
6. Cooking pots and plates
7. Matches
8. Pencils & biros
9. Notebooks (foreign)
10. Tiles

etc. The list is endless.

What we need is industrial revolution and not trader money.
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by waze63(m): 2:23pm On Dec 20, 2019
[quote author=DenreleDave post=85072611]How will this help me here in Nigeria..

Pls help me ooo, I can't coman die of hunger oooo. I hate being idle.. I need to earn b4 service.

How will this help me get a job now? This country sef, people wan work, no job.. The job wey dey are reserved for people dt doesn't need it, more like they are forced to work

I need a job Pls, Lagos... Diploma in banking and finance... A degree too... Yet to serve.. Pls.... Pls Pls computer literate, excellent and fast in typing, experienced as an intern in a bank.
Then u should try your luck with this

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Goodluck
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by DenreleDave(m): 2:27pm On Dec 20, 2019
voltron14:


Someone like you who spells because and bcox would continue asking stupid questions.

I'm sure this year's loans is because of 2023 to.you.

It's ur opinion sir.....
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by voltron14: 2:30pm On Dec 20, 2019
DenreleDave:


It's ur opinion sir.....

Well established.

The youth who spend their time misspelling, rubbishing initiatives, believing and broadcasting rumours, only have so far they can go.
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by ojokolax: 2:35pm On Dec 20, 2019
Someone somewhere missed the news that TraderMoni and other SIP's have been from under the care of Prof Osinbajo office to the ministry of humanitarian and disaster management
Dpaulie:
Osinbajo....ready for work
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by thundafire: 2:36pm On Dec 20, 2019
Audio 10billion
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by CHIVOVO: 2:37pm On Dec 20, 2019
THOMAS ALUGBELI IS FRAUDSTER, HIS SYNDICATE IS JUDE IKPELE
HIS LAST KNOWN ADDRESS IS NO 7, MUSA JAMIU HOUSE, BARRISTER UYI AVENUEIKPOBIA HILL AUCHI.

HIS ACCOUNTS INCLUDES:
0093236985(DIAMOND)
0173371638 (GTB)
3136105335 (FIRST BANK)
ALSO HAS ZENITH

GENERAL PUBLIC
TAKE NOTE

Re: FG To Distribute N10bn Trader Moni Loan In 2020 by DenreleDave(m): 2:45pm On Dec 20, 2019
voltron14:


Someone like you who spells because and bcox would continue asking stupid questions.

I'm sure this year's loans is because of 2023 to.you.

After all sir, do u have a job for me or u wana send me some cash... Anyone will be appreciated
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Nobody: 2:49pm On Dec 20, 2019
Mftivi:
How do you give out a loan of 10,000 Naira ? What sort of business will one start or sustain with such minuscule amount? And a higher percentage of the benefactor will default so why throw away money? Is this not vote buying in disguise ?

I started my first business with 4k.
hen there is a will always be a way. Don't despite little beginning

1 Like 1 Share

Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Germi9: 3:45pm On Dec 20, 2019
Sukueponmalu:

How??
Who's this dummy asking how?
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by olaswim: 3:51pm On Dec 20, 2019
Again......
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Legendguru: 4:27pm On Dec 20, 2019
Fake
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by Subzero047: 4:29pm On Dec 20, 2019
[s]
itsme01:


with less than 10k akara seller would make daily turnover of 5k-10k , grandnut and pepper seller would make profit even a lemonade stand in US with $50 kids make huge profit.. its all about the mindset besides if you pay back they give you more
[/s]

Shut up you've not been into business
Re: FG To Distribute N10bn Trader Moni Loan In 2020 by itsme01: 4:31pm On Dec 20, 2019
Subzero047:
[s][/s]

Shut up you've not been into business

negative mindset abeg stay your lane

1 Like 1 Share

Re: FG To Distribute N10bn Trader Moni Loan In 2020 by sunkoye: 5:29pm On Dec 20, 2019
i hope osibanjo knows this might be a banana peel for him. he should tread carefully with this money/program

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