You need to pay back N10,000 TraderMoni – VP Osinbajo tells beneficiaries

Vice President Yemi Osinbajo has reminded about 3000,000 beneficiaries of TraderMoni scheme across the country to pay back the loan as scheduled.

Osinbanjo made the statement while addressing the 3,000 beneficiaries of the TraderMoni loan scheme in Keffi Market, Nasarawa State, on Tuesday.

The Vice-President, who was accompanied by Governor Abdullahi Sule of Nasarawa State, stated that he was in the market to assess how the loan was being executed and to ensure that more persons are being registered on the programme.

According to him, the collateral-free loan, which was dispensed through the Bank of Industry, is part of the Federal Government’s National Social Investment Programme under the Government Enterprise and Empowerment Programme meant to reinforce the Federal Government’s commitment to bridge the credit gap and empower Nigerians.

“We want to assure you that we are going to do more, as President Mohammadu Buhari has directed us to expand the scheme so that those who have not benefited from the TraderMoni and MarketMoni will also benefit.

“It is very important to pay back the money, so that the scheme will work effectively,” he added.

Earlier, Nasarawa state Governor, Abdullahi Sule, had called on beneficiaries to use the money judiciously to expand their businesses and to also employ others.

On her part the Executive Director, Bank of Industry, Micro- Enterprise, Mrs. Toyin Adeniji, said everyone that registered for the loan would get the money.

She said about 3,000 persons across Keffi, Toto and Akwanga local government areas of the state had been registered for the scheme in the last three days.

2 thoughts on “You need to pay back N10,000 TraderMoni – VP Osinbajo tells beneficiaries

  1. Professor please stop all these. How can you use money to buy something and start asking for the same money after you’ve snatched the thing from the owner. Please stop it. Prepare another money for 2023 as usual. Hm, all of these will end one day. Revolution-Now has been kick started and nothing can stop it.

    1. FBI SHOULD ALSO COME AFTER YOU OSIBAÑJO FOR THIS SERIOUS SCAM. YOU BRIBED PEOPLE WITH COMMON 10.000 FOR THEIR VOTES, NOW THEY HAVE VOTED YOU INTO OFFICE AND YOU TURNED AROUND TO ASK FOR A PAY BACK. YOU MUST BE A FRAUDSTERS AS WELL. EFCC TAKE NOTE OF THESE DEVELOPMENT.

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