Ibadan traders laud FG’s ‘Batch2’ TraderMoni

NO fewer than 27, 000 traders in Gbagi International Market, Ibadan, the Oyo state capital benefited from the first batch of the Federal Government’s TraderMoni disbursed thirty-two days ago.

Another batch of traders in Bodija and Oje markets of the city were also captured by the government to grow their socioeconomic activities across Nigeria as the Vice President, Prof. Yemi Osinbajo on Thursday led the government’s delegation to the two markets, where traders trooped out enmasse to appreciate the initiative.

In an interview with journalists, Monsurat Ajadi, a pepper seller in Bodija market who hailed the initiative described it as a laudable development. She disclosed that her family had been praying that she was chosen among the latest beneficiaries.

Also, another beneficiary, Mrs Romoke Aweni who promised to make judicious use of the gesture informed that the amount, though meager, but was capable of enhancing the fortunes of petty traders.

Addressing traders at the Oje market, Osinbajo reiterated President Muhammadu Buhari’s commitment to alleviate sufferings of the poor masses through the TraderMoni, being implemented under the Government Enterprise and Empowerment Programme (GEEP).

The Vice President further explained that the government was sincere about empowering two million traders for the scheme, assuring that more traders would be captured nationwide.

He added that the policy of the Federal Government is to support businesses through the scheme, not just big businesses but particularly small, medium-sized and micro businesses.

Osinbajo, however appealed to those yet to benefit to exercise patience, just as he admonished those who have benefited so far to use it judiciously.

The scheme is being managed and financed by the Bank of Industry on behalf of the Federal Government.