Skip to main content

As part of Buhari's Next Level, 10m more people will get TraderMoni - Osinbajo

- Vice President Yemi Osinbajo has that 10 million more Nigerians will enjoy the benmefits of TraderMoni

- The vice president also said that the administration is introducing National Social Investment Programmes (N-SIP) to empower Nigerians

- Osinbajo added that the present government is working towards empowering more people to improve their livelihood

Vice President Yemi Osinbanjo has said that 10 million more Nigerians will benefit fromTraderMoni and N-power as part of the administration’s effort to maximize the country’s human capital.

Osinbajo through a statement by media aide, Laolu Aknade, also said that the President Muhammadu Buhari’s government has been making progress through the National Social Investment Programmes (N-SIP), Daily Trust reports.

READ ALSO: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda

He that the NSIP is geared towards empowering Nigerians and helping their livelihood through many initiatives.

“In the Next Level of the Buhari administration, about 10 million Nigerians are expected to benefit from the Government Enterprise and Empowerment Programme (GEEP) which includes TraderMoni, MarketMoni and FarmerMoni.

"While the Cash Transfer scheme aims to reach one million poorest households, one million new beneficiaries are expected to be added to the N-Power scheme, arguably the largest job creation and youth employment scheme in Africa.

“The administration’s National Home-Grown School Feeding Programme (NHGSFP), which has a target of reaching 12 million pupils, is currently feeding over 9.5 million public primary schools (classes 1-3) pupils with one free, balanced and nutritious meal a day in 30 states nationwide; while it has empowered 101,913 cooks in these states,” he said.

Meanwhile, Legit.ng earlier reported that Osinbajo dismissed repeated insinuations suggesting the TraderMoni scheme is a form of vote buying.

PAY ATTENTION: Download our mobile app to enjoy the latest news update

The vice president said this through his aide in response to Odilim Enweagbara, an economist and entrepreneur, who insisted the scheme was to curry support from Nigerians for the ruling All Progressives Congress (APC) towards the 2019 general election.

The vice president noted that the scheme was geared towards empowering over 30 million Micro, Small and Medium Enterprises (MSMEs) with interest-free, collateral-free loans.

NAIJ.com (naija.ng) -> Legit.ng: We have upgraded to serve you better

Who is a better Vice President, Osinbajo or Obi? | Legit TV

Source: Legit.ng



from Legit.ng: Latest Nigeria News Today & Breaking Naija News 24/7 http://bit.ly/2VNzOKG
via EDUPEDIA24/7

Comments

Post a Comment

Popular posts from this blog

Nigerian Academy Of Science Inducts First Female President

The Nigerian Academy of Science has inducted a professor of Parasitology/Epidemiology, Ekanem Ikpi Braide, as its 19th President on Thursday. In a statement issued by Oladoyin Odubanjo, the Executive Secretary of the Academy, Braide is the Academy’s first female President in 44 years of existence. It read, “Braide was a member of the national committee that achieved the laudable feat of guinea worm eradication in Nigeria. “She has a rich professional experience as a researcher and an administrator. In July 2010, Professor Braide was honoured by the President of Nigeria with the award of Officer of the Order of the Federal Republic (OFR) for her contribution to disease control in Nigeria. “She was nominated by the Honourable Minister of Health to serve in the Ministerial Expert Advisory Committee on COVID-19 Health Sector Response (MEACoC-HSR). “Professor Braide served as Vice-Chancellor, Cross River University of Technology (CRUTECH) Calabar, Nigeria (2004 to 2009) and as P
Post a Comment
Read more

NLNG Signs Letter Of Intent On Delayed Gas Expansion Project

The Nigerian Natural Liquefied Gas LTD has signed a letter of intent for the engineering, procurement and construction of its long held up Train Seven project. In a statement released by the company on Wednesday, it said that the $10bn project will be executed by a consortium of Italian firm Saipem, Japan’s Chiyoda and South Korea’s Daewoo. The statement reads, “The project will form part of the investment of over $10bn including the upstream scope of the LNG value chain, thereby boosting the much needed Foreign Direct Investment profile of Nigeria.” Managing Director of NLNG, Tony Atta, said in 2018 that the Final Investment Decision would be made in the fourth quarter of that year. This did not however, materialize. According to the release, the project will have a four to five-year execution time after the signing of the FID. The project is expected to add an extra 8 million tons per annum of gas to the 22 mtpa currently exported by the company. Oil News AddThis : 
Post a Comment
Read more

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi
Post a Comment
Read more