Trader Moni Boi Project Launched in Owerri, Imo State

Trader Moni BOI project was launched on Saturday at relief market, Owerri, Imo state by the Vice President Yemi Osinbajo during which he restated the federal government’s commitment to boosting the nation’s economy and empowering traders.

He met with some petty traders at the Relief Market in Owerri as he kickstarted the N10,000 no-interest loans.

According to him, the Trader Moni boi project was meant to get resources in the hands of Nigerians and also empower them.

In addition, he assured that the Trader Money loan by the federal government is free for all and devoid of political or ethnic affiliations.

About Trader Moni BOI Project

The trader moni boi project was initiated to assist petty traders across the country expand their trade through the provision of collateral and interest-free loans of at least N10,000, repayable over a six-month period.

get loan trader oni boi project owerri imo

The micro-credit scheme under the Government Enterprise and Empowerment Programme (GEEP), was first inaugurated on Aug. 7 in five markets in Lagos State – Mushin, Ikotun, Agege, Ketu and Abule Egba areas.

By the end of 2018, the micro-credit scheme would have reached all 36 states of the federation, with an estimated 2 million petty traders set to become beneficiaries.

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Written by Jide Ogunsanya

Pro Nigerian Blogger, Digital Marketer and Web designer. I help business owners to grow their businesses online. You can join my Facebook Group here or join my Telegram Group here.

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