Trader Moni: VP Osinbajo Storms Calabar Market, Introduce Scheme (Photos)

Trader Moni Launched By VP Osinbajo In Calabar.

The Vice President, Yemi Osinbajo, today Launched the “Trader Moni” Scheme at the WAT Market in Calabar, the Cross River State Capital. 

What is “Trader Moni” ?


The federal government of Nigeria, has rolled out a new soft loan scheme aimed at funding micro businesses in the country.

The scheme to be called Trader Moni is meant to help very small scale traders easily get loans without collateral in Nigeria for the purpose of expanding their small businesses.

Trader Moni Launched By VP Osinbajo In Calabar

The new initiative was launched under the Government Enterprise and Empowerment Programme (GEEP) in partnership with the Bank of Industry (BOI).

Unlike the existing Government Enterprise and Empowerment Programme (GEEP) Market Moni loan scheme, which targets market women, traders, artisans and enterprising youths, the TraderMoni is a micro-credit scheme to cater for ultra-micro enterprises.

Trader Moni Launched By VP Osinbajo In Calabar

VP Osinbajo Launch Trader Moni In Calabar

Trader Moni Launched By VP Osinbajo In Calabar


The Vice President who was visiting the South South State was in company of the Cross River State Governor, Prof. Ben Ayade.

See Photos from the Launch of Trader Moni in Calabar below.

Trader Moni Launched By VP Osinbajo In Calabar

By | 2018-09-11T21:01:07+00:00 September 11th, 2018|Business, Politics|0 Comments

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