FG launches phase two of trader, Marketmoni in Anambra, as beneficiaries rejoice

Vice President Yemi Osinbajo interacting with a trader at the Eke-Awka Market, Awka, during the launch of the ‘Next Level’ of the TraderMoni scheme in Awka, Anambra State…yesterday.

The Federal Government has rolled out the second phase of Government Enterprise and Empowerment Programme (GEEP) products aimed at giving assistance to traders across the country and encourage growth of their businesses.

The programme, TraderMoni and MarketMoni, targeted at traders and SMEs was introduced in 2017 and powered by the Bank of Industry.Vice President, Yemi Osinbajo visited Anambra yesterday to access the performance of the (GEEP) products, assuring that more people would benefit in the programme. Accompanied by the BoI activation team, Osinbajo interacted with some beneficiaries at Eke Awka main market where traders hailed the Federal Government for assisting traders.

A press release signed by Executive director Micro enterprises, BoI, Toyin Adeniji, and made available to The Guardian, said the programme is to sustain its continued efforts to meet the primary objective of “broadening financial inclusion, and increasing access to affordable credit for traders and small business owners. This phase will target at least 2,000 new beneficiaries. This is in addition to the over 30,000 beneficiaries that received the GEEP loans in the first phase, between 2017 and 2018.”

While commending this administration for addressing poverty and hard times in the country, Adeniji, assured that government remains committed to lifting more Nigerians out of poverty.