Athletic

VP Yemi Osinbajo unveils TraderMoni in Edo State

Vice President, Professor Yemi Osinbajo, has unveiled TraderMoni, today in Oba and Ekiosa markets in Benin, Edo State, South-South, Nigeria. The programme is National Social Investment Programme (NSIP), which the Federal Government’s use to support traders with low-key business across the country.

The vice president Osinbajo, said that the programme was created by the federal government in order to boost their businesses. ”the initiative is part of the Federal Government’s Social Investment Programme to boost the funding of micro and small-scale businesses and commercial activities”.

He added that ”the sum of N10,000 which is to be repaid in six months is targeted at small-scale business enterprises, market women and artisans.

According to him, the beneficiaries are expected to meet up repayment deadline to enable them qualify for the next tranche ranging from N15,000 to N20,000.

Godwin Obaseki, the governor of Edo State stated that said his administration would continue to work closely with the Federal Government on the several empowerment initiatives designed to enhance the welfare of Nigerians.

The governor encouraged the business men and women to be serious with the programme because it with improve their business and the scheme has come to stay in Edo State.

Mrs Amina Ojo, who was one of the beneficiaries was happy with the programme, said, ”the programme was a rare privilege to petty traders, would go a long way to ameliorate the suffering of the downtrodden”.

She went further to explain that the Federal Government should sustain the scheme when President is voted into office come next election.

Reaction from one of the market women, Mrs. Esther Ogbe, said that they the money is too small and the federal government should provide job for them instead of the money.

Vice President Osinbajo, also had a closed-door meeting with Christian leaders at the Bishop Kelly Pastoral Centre in Benin City, Edo State.

The Edo State Chairman, Christian Association of Nigeria (CAN), Bishop Oyonnude Kure, led other Christian leaders including the representative of the President of Catholic Bishops Conference, and the Pentecostal Fellowship of Nigeria (PFN).

Bishop Oyonude Kure, in an interview with Journalists after the closed door meeting said that their responsibility is to pray for those who are contesting in the forth coming election. ” is our responsibility to pray for those who are contenting and that we have done”. He went further to say that they prayed for the vice president so that there will be peace in our nation.

Other Christian leaders present at the meeting were the presiding Bishop, Church of God Mission International, Arch. Bishop Margaret Idahosa, and overseer of Family Intercessory Ministries, Margaret Agbonifo.

The Vice President who has a one day working visit to the state was accompanied by Edo State Governor, Mr. Godwin Obaseki, and members of the state Executive Council at the unveil, assured market women in Oba Market and Ekiosa, Benin City, that traders would receive the sum of N10,000 as a start-up capital, which is an initiative of the Federal Government through the Bank of Industry (BOI) and Government Enterprise Empowerment Programme (GEEP) to fund micro businesses in the country.

Source: Voice of Nigeria

Athletic

VP Yemi Osinbajo unveils TraderMoni in Edo State

Vice President, Professor Yemi Osinbajo, has unveiled TraderMoni, today in Oba and Ekiosa markets in Benin, Edo State, South-South, Nigeria. The programme is National Social Investment Programme (NSIP), which the Federal Government’s use to support traders with low-key business across the country.

The vice president Osinbajo, said that the programme was created by the federal government in order to boost their businesses. ”the initiative is part of the Federal Government’s Social Investment Programme to boost the funding of micro and small-scale businesses and commercial activities”.

He added that ”the sum of N10,000 which is to be repaid in six months is targeted at small-scale business enterprises, market women and artisans.

According to him, the beneficiaries are expected to meet up repayment deadline to enable them qualify for the next tranche ranging from N15,000 to N20,000.

Godwin Obaseki, the governor of Edo State stated that said his administration would continue to work closely with the Federal Government on the several empowerment initiatives designed to enhance the welfare of Nigerians.

The governor encouraged the business men and women to be serious with the programme because it with improve their business and the scheme has come to stay in Edo State.

Mrs Amina Ojo, who was one of the beneficiaries was happy with the programme, said, ”the programme was a rare privilege to petty traders, would go a long way to ameliorate the suffering of the downtrodden”.

She went further to explain that the Federal Government should sustain the scheme when President is voted into office come next election.

Reaction from one of the market women, Mrs. Esther Ogbe, said that they the money is too small and the federal government should provide job for them instead of the money.

Vice President Osinbajo, also had a closed-door meeting with Christian leaders at the Bishop Kelly Pastoral Centre in Benin City, Edo State.

The Edo State Chairman, Christian Association of Nigeria (CAN), Bishop Oyonnude Kure, led other Christian leaders including the representative of the President of Catholic Bishops Conference, and the Pentecostal Fellowship of Nigeria (PFN).

Bishop Oyonude Kure, in an interview with Journalists after the closed door meeting said that their responsibility is to pray for those who are contesting in the forth coming election. ” is our responsibility to pray for those who are contenting and that we have done”. He went further to say that they prayed for the vice president so that there will be peace in our nation.

Other Christian leaders present at the meeting were the presiding Bishop, Church of God Mission International, Arch. Bishop Margaret Idahosa, and overseer of Family Intercessory Ministries, Margaret Agbonifo.

The Vice President who has a one day working visit to the state was accompanied by Edo State Governor, Mr. Godwin Obaseki, and members of the state Executive Council at the unveil, assured market women in Oba Market and Ekiosa, Benin City, that traders would receive the sum of N10,000 as a start-up capital, which is an initiative of the Federal Government through the Bank of Industry (BOI) and Government Enterprise Empowerment Programme (GEEP) to fund micro businesses in the country.

Source: Voice of Nigeria