Featured SMEs

Petty traders not required to fill forms to get TraderMoni – Osinbajo

By Thompson ABISOLA.

Vice President, Yemi Osinbajo, says petty traders are not required to fill any form in order to  benefit from the TraderMoni Scheme.

Osinbajo issued this fraud alert while featuring at a question and answer session at Wazobia FM, 95.1, on Tuesday in Lagos.

TraderMoni is a Federal Government’s initiative aimed at providing two million petty traders across the country with collateral-free loans before the end of the year.

The vice president, who spoke in Pidgin English, said that anybody carrying forms for TraderMini was a fraudster.

“No form dey for TraderMoni, we no dey give anybody form to fill at all, the people wey get TraderMoni, many of them no fit fill form at all, so we no dey give anybody form.

“The way we do it be say, enumerator -like person we dey do census go market, go all the places where we get all these traders outside market –the roads wey dey lead to market.

“ Him go see wetin dem dey sell, e go take your photo, the thing wey you dey sell, your name, put everything down on his own tablet, na for phone dem go contact you.

“The first alert wey you go get na for phone, anybody wey don get TraderMoni na for phone e dey get am, anybody wey carry form come say this one na for TraderMoni, na lie, that one na 419.

“Everything is electronic, you get alert, you go cash your money,’’ he said.

Osinbajo said that by the end of the year, two million petty traders would have benefitted from the scheme as it had covered more than 1.3 million petty traders nationwide so far.

The vice president had earlier activated the scheme at Obalende, Makoko and Oyingbo markets in Lagos.

 

 

Related posts

US should not bring China to her knees — Envoy

By Meletus EZE

NACCIMA, NECA, LCCI, seek FG’s grant for salary payment, tax relief

Our Reporter

NDIC Clears Trapped Funds Of 20 Failed Bank Customers

Our Reporter

FAAN goes for modern scanners to boost security at airports

Editor

Sallah homage: Buhari hails Osinbajo, urges him to remain exemplary

Sahara Group eyes $1bn investment in LPG infrastructure

Our Reporter