Tradermoni Loans Not For Election – Presidency

The presidency has explained that the tradermoni scheme and other GEEP micro-credit products, as components of President Buhari administration’s social investment programme, are still in operation.

The explanation came through a statement by the senior special assistant on media & publicity to the vice president ,  Mr. Laolu Akande, who said the loans are never conceived for the purpose of election.

According to a progress report on the GEEP micro-credit products (tradermoni, marketmoni and farmermoni), Mr. Akande disclosed that over 30,000 beneficiaries per state have been captured under the programme, after the presidential and the national assembly elections

Speaking on measures adopted to enhance repayments, the Presidential media aide said GEEP has pioneered innovative solutions to drive repayment compliance.

Check Also

Again, Hoodlums Attack INEC Office, Police Station With IEDs

Some yet-to-be-identified assailants have attacked the office of the Independent National Electoral Commission in Ojoto, …

Buhari Inaugurates Ministry Of Finance Board Council

President Muhammadu Buhari, on Wednesday, inaugurated the Governing Council, Board of Directors and the Executive …

EFCC Arrests New Naira Notes Hoarders

The Economic and Financial Crimes Commission has said it arrested members of a syndicate of …

Leave a Reply

Your email address will not be published. Required fields are marked *