VICE PRESIDENT, YEMI OSINBAJO TAKES TRADE MONEY TO THREE MORE MARKETS IN LAGOS
Three markets in Lagos State, Ikotun, Igando and Ile Epo, on Monday received the Vice President, Prof. Yemi Osinbajo, and a host of others to activate the TraderMoni scheme in the respective markets.
Excited crowd thronged and cheered as Osinbajo walked into the markets.
Shouts of TraderMoni, TraderMoni, ‘baba’ ‘baba,’ Osinbajo Osinbajo, rented the air, while security operatives had a field day controlling the crowd.
The vice president, who acknowledged the cheers, inspected the markets and had one-on-one interactions with the traders.
Gov. Akinwunmi Ambode of Lagos State accompanied Osinbajo to the markets.
Also, in the team was Daddy Showkey, a “galala singer’”, whose presence fans hailed and surged to exchange banters with him.
TraderMoni is designed to help petty traders expand their trade through the provision of collateral-free loans of N10, 000. The loans are repayable over a period of six months
Under the scheme, beneficiaries can get access to a higher facility ranging from N15, 000 to N50, 000 when they repaid N10, 000 within the stipulated time period.