Osinbajo Monitors TraderMoni Activities In Anambra
Vice President Yemi Osinbajo on Friday visited Anambra State to monitor activities of the Federal Government’s ‘TraderMoni’ Scheme in the state.
The vice president had earlier arrived Awka, the Anambra State capital where he was received by Governor Willie Obiano.
He visited Eke Awka market and Ochanja market, where petty traders excitedly welcomed him.
He also visited the palace of the Obi of Onitsha, Igwe Nnaemeka Alfred Achebe.
The Vice President’s visit to Anambra markets is a continuation of his tour of markets across the country to monitor activities of the Federal Government scheme called ‘TraderMoni’.
The Vice-President also shared a picture of his visit to the Eke-Awka market on his official Twitter handle. He says the scheme is aimed at boosting the informal sector of Nigeria’s economy.
Providing credit to small business owners is one of the focus of our SIProgrammes.
Trader Moni is a distinct loan product that seeks to boost the informal sector by enumerating and empowering traders with loans. We are in Eke-Awka market, Anambra State to monitor the progress. pic.twitter.com/LAjYtYcFP9
— Prof Yemi Osinbajo (@ProfOsinbajo) May 3, 2019
Osinbajo had visited markets interacting directly with market men and women about the Federal Government’s plan to alleviate poverty through the scheme.
The Trader Moni is a loan programme designed specifically for petty traders and artisans across Nigeria and it is part of the Federal Government’s enterprise and empowerment programme.
Although the initiative has been criticised in some quarters particularly by the opposition party, the federal government insists the initiative is designed to ensure that the petty traders and artisan benefit directly from the government.