About 27, 000 traders in Gbagi international market Ibadan, Oyo state benefited from the Federal Government’s TraderMoni, another batch of traders in Bodija and Oje markets of the city were on Thursday captured by the government, to grow their socioeconomic activities across Nigeria.
This is coming thirty-two days after about the government launched the first batch of the collateral free loan.
The Vice President Yemi Osinbajo led the government’s delegation to the two markets, where traders trooped out enmasse and hailed the initiative.
Osinbajo said the government was sincere about empowering two million traders for the scheme, assuring that more traders would be captured nationwide.
A pepper seller in Bodija market, Monsurat Ajadi disclosed that the initiative was a laudable development. She said her family had been praying that she was chosen among the latest beneficiaries.
Another beneficiary, Mrs Romoke Aweni said the amount though paltry but was capable of changing the fortunes of petty traders, just as she promised to make judicious use of it to better her trade.
Mrs Romoke Aweni, another beneficiary, said the amount though paltry but was capable of changing the fortunes of petty traders, just as she promised to make judicious use of it to better her trade.
The Vice president appealed to those yet to benefit to exercise patience, just as he charged those who have benefited so far to use it judiciously.
Since Monday, VP Osinbajo has been visiting markets across Southwest, he visited traders and farmers in Lagos amid rosy welcome.
The scheme is being managed and financed by the Bank of Industry on behalf of the Federal Government. It has been projected to reach over 2 million traders by December.