MarketMoni: FG begins disbursement of interest-free loans to traders, artisans, youths & farmers
The Federal Government of Nigeria has commenced disbursement of interest-free loans to the latest accredited beneficiaries of MarketMoni – the Government Enterprise and Empowerment Programme (GEEP) targeting market women and traders, artisans, youths and farmers. MarketMoni is one of four schemes under the Social Intervention Programme of the Federal Government, and is being executed by the Bank of Industry (BOI) . As part of the efforts of the President Muhammadu Buhari administration to stimulate the Nigerian economy and deepen financial inclusion for the under-banked and unbanked, over 24,000 Nigerians – including market women and traders, artisans, and youth – have so far benefited from the special intervention programme since its roll-out in December, 2016. The Office of the Vice-President revealed that the Federal Government has commenced disbursements in thirteen (13) states and the Federal Capital Territory, through the Bank o...