Politics
Buhari To Begin Disbursement Of N10,000 Soft Loans To Petty Traders Soon
The Presidency on Monday gave indications that it would soon commence the disbursement of N10,000 collateral-free loans to petty traders in selected states of the country.
The disbursement, which is partly facilitated by the Bank of Industry, falls under the Government Enterprise and Empowerment Programme (GEEP), one of the social investment programmes of the Buhari administration in which N500 billion was earmarked in the 2017 budget.
Laolu Akande, Senior Special Assistant to the Acting President on Media and Publicity explained that at least two million beneficiaries were expected in the pilot scheme to take off soon in Lagos, Kano and Abia states before the year ends.
He said no fewer than 4,000 enumeration agents had been deployed by the Bank of Industry to collect data of beneficiaries.
States with larger populations, states like Lagos and Kano are expected to get more than 30,000 loans. Across the country, especially in the pilot states, about 500,000 potential beneficiaries had so far been enumerated.
Laolu also noted that upon repayment of the loan, beneficiaries would be entitled to access higher facility ranging from N15,000 to N50,000.
He said the goal of the Buhari administration was to use the TraderMoni to take financial inclusion down to the grassroots, the bottom of the ladder, considering the contribution of petty traders to economic development.
“The Federal Government is also aware of the fact that many of the petty traders don’t have what the commercial banks require to grant them loans.
“This administration is keen to ensure that such traders at that level are able to build their businesses and grow,” he stated.
Anonymous
August 15, 2018 at 8:23 am
Increase it to 1million pls
Anonymous
August 15, 2018 at 7:47 am
Mtcheeeeeew
Anonymous
August 15, 2018 at 6:45 am
Another strategy to use and win 2019 ,and headmen will continued their killings with out prob
Anonymous
August 15, 2018 at 2:46 am
Exchange for votes in 2019.
Anonymous
August 15, 2018 at 2:20 am
He can not buy our conscience with money because he wants to continue ruling in order to annihilate us!
Anonymous
August 14, 2018 at 10:46 pm
Soft…very soft.
Anonymous
August 14, 2018 at 9:42 pm
Don’t say buhari my friend! It’s #10,000,000 UN grand. Nt Nigeria money.
Anonymous
August 14, 2018 at 9:18 pm
Politics , does it end suffering and hunger ? Fools will clap hand for failed government
Anonymous
August 14, 2018 at 9:13 pm
Na bribe be that oo
Anonymous
August 14, 2018 at 8:46 pm
What is 10k, can it buy anything in Nigeria today? Expired brain
Anonymous
August 14, 2018 at 8:21 pm
Public display of affections.
Anonymous
August 14, 2018 at 8:21 pm
Medicine after death?
Anonymous
August 14, 2018 at 7:59 pm
Indirect vote buying
Anonymous
August 14, 2018 at 7:42 pm
Apc and northern petty traders, I contemplate!
Anonymous
August 14, 2018 at 6:55 pm
Election strategies. We know all that shit
Anonymous
August 14, 2018 at 6:48 pm
You’re gone in the name of Jesus
Anonymous
August 14, 2018 at 6:18 pm
Did somebody say ten thousand to start up a business in this present Nigeria ?????? This fools are really taking Nigerian youths for a ride
Anonymous
August 14, 2018 at 6:03 pm
He will not still win
Anonymous
August 14, 2018 at 5:44 pm
Bcos election Don dey reach
Anonymous
August 14, 2018 at 5:41 pm
Another set of LOOTING is going on now, yet they claimed to be fighting KWARAPSHUN…
Anonymous
August 14, 2018 at 4:22 pm
Vote buying in a coney way
Anonymous
August 14, 2018 at 4:06 pm
Dis 2019 election shaa,APC want to go at any length as shaa,we are watching.
Anonymous
August 14, 2018 at 3:32 pm
Na today.
Anonymous
August 14, 2018 at 3:25 pm
So that you keep the hunger ,killings,unemployment still going ?pls we are tired of you
Anonymous
August 14, 2018 at 2:59 pm
Because of election well is our money we will take it and send him back to his home
Anonymous
August 14, 2018 at 2:28 pm
What a shame what will10,000 naira buy for business person
Why wasting this money for nothing of no value
Anonymous
August 14, 2018 at 1:36 pm
Zoo Republic
Anonymous
August 14, 2018 at 1:34 pm
Can #10,000.00 fuel your son’s power bike talk more of starting a business for an individual in the name of loan. This is cheap bribery to lure for votes and it should be stopped. If not, they will open door for looters.
Anonymous
August 14, 2018 at 1:09 pm
mtss! what is 10 000 for traders
Anonymous
August 14, 2018 at 1:02 pm
$28.
Anonymous
August 14, 2018 at 12:49 pm
It’s as good as nothing
Anonymous
August 14, 2018 at 12:45 pm
Indirect way of buying vote.Why not make our economy the way it was before you came to power
Anonymous
August 14, 2018 at 12:35 pm
How much is his daughter’s breakfast? that he wants to in power some people with 10,000. Ok!!
Anonymous
August 14, 2018 at 12:14 pm
just look at, 10,000 l will just spend in one day and it will not be enough.
Anonymous
August 14, 2018 at 11:56 am
May that money kill you and your generation
Anonymous
August 14, 2018 at 11:47 am
Give it to your children asshole
Anonymous
August 14, 2018 at 11:44 am
I don’t want, Youths b wise ur one of ur President piking was appointed as one of board of NNPC where 6m.etc is involved and u are here happy for 10k. Shameless country
Anonymous
August 14, 2018 at 11:32 am
After 10,000 be ready to surffer and cry 4 the next 4years.
Anonymous
August 14, 2018 at 11:02 am
Anonymous
August 14, 2018 at 10:55 am
Daura 21 billion naria while Nigeria traders 10,000 naira Abeg I know fit laugh.
Anonymous
August 14, 2018 at 10:54 am
S welcome delevoment to nigeria
Anonymous
August 14, 2018 at 10:51 am
In exchange of PVC abi? We know
Anonymous
August 14, 2018 at 10:46 am
Ndi ara
Anonymous
August 14, 2018 at 10:45 am
10,000? What kind of mockery is this?
Anonymous
August 14, 2018 at 10:28 am
Why abt the non petty? Plz all this invisible sharing is enough, give light, water, roads, hospital etc every body will enjoy it NT some.
Anonymous
August 14, 2018 at 10:20 am
Why did he do it since the passed year. And what can 10,000 do fir the poor?
Anonymous
August 14, 2018 at 10:06 am
how long shall this Fulani terrorist government last with their army of terror????
Anonymous
August 14, 2018 at 10:02 am
Then create ministry of soft loan disbursement, a killer and terrorist , we Biafrans cannot be deceived by Greek gift from Buhari aka Jubril
Anonymous
August 14, 2018 at 10:02 am
What is ten thousand?
Why not give them the money your daughter is receiving monthly from NNPC.
Nigerian government and their Greek gifts.
Anonymous
August 14, 2018 at 10:01 am
Hahaha Useless government
Anonymous
August 14, 2018 at 10:01 am
Useless tactics!
Anonymous
August 14, 2018 at 9:57 am
What can 10,000 naira buy in the market today? Anybody that take such money is a pure disgrace to his or her entire generation.
Anonymous
August 14, 2018 at 9:52 am
if you like give out ur whole salary Nigerians are tried of your failed leadership style..
Anonymous
August 14, 2018 at 9:45 am
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Anonymous
August 14, 2018 at 9:39 am
Another avenue to siphon public funds.
Anonymous
August 14, 2018 at 9:39 am
U mean to APC member
Anonymous
August 14, 2018 at 9:09 am
Hahahahaha ,#nigeria is a reminder that black people are fools
Anonymous
August 14, 2018 at 9:07 am
For Mai Shai business, Lol….. not even enough for those ones in qiosk, it is for hawking type only. Cheeiii!!!
Anonymous
August 14, 2018 at 9:04 am
$28 loan?
Anonymous
August 14, 2018 at 9:02 am
If you like disburse your kidney, we won’t vote for you.
Anonymous
August 14, 2018 at 8:58 am
To buy PVC for cloning
Anonymous
August 14, 2018 at 8:51 am
2019
Anonymous
August 14, 2018 at 8:48 am
Inflation
Anonymous
August 14, 2018 at 8:45 am
Is 10″000 is problem of Nigeria citizen? 10″000 10″000 10″000 that can not buy a bag of rice, can 10″000 buy small cow because i want to be come cow rearer, which business 10″000 can do and mr president is saying Nigeria youth are lazy, is this is empowerment?
Anonymous
August 14, 2018 at 8:44 am
Shame on you people will don’t need it what is 10k
Anonymous
August 14, 2018 at 8:37 am
Thunder fire d giver
Anonymous
August 14, 2018 at 8:34 am
Anonymous
August 14, 2018 at 8:34 am
Abia!
Anonymous
August 14, 2018 at 8:34 am
Animal in human skin
Anonymous
August 14, 2018 at 8:31 am
Soft loan abi vote buying???
Anonymous
August 14, 2018 at 8:29 am
The 10k is a technical “vote buying” in disguise.
It’s just a national bribe money to induce the Abokis or weak Nigerians to vote for him.
Why has Buhari and APC not shared 10k to Nigerians since three years they subjected the entire Nation to unknown sufferings?
Why has Buhari not felt compassionate for Nigerians with all the outcry of the populace over economic helplessness?
Buhari is deadly corruption for thinking to seduce Nigerians with 10k gifts (gifts for what?) at the eve of the election.
This is pure corruption and a federal one for that matter.
Mr integrity, this your 10k inducement is a pure corruption. Period.
Keep the money! Don’t introduce another type of corruption in our system.
Don’t corrupt Nigerians please.
Anonymous
August 14, 2018 at 8:29 am
Anonymous
August 14, 2018 at 8:26 am
I feel like cry oooo chai can you see how foolish they are? What can you do with 10,000NGN ? What trade? With this high price of things in this country hmmm
Anonymous
August 14, 2018 at 8:17 am
I suggest this should be made Open for NIGERIANS to discuss and make their Contributions .
The Idea is Seemingly good .
However , If We look at it Empirically so many holes can be picked .
Majorly , are there any Scientifically verifiable Criteria for Identifying and Selecting prospective beneficiaries ????????
*** What is the FATE of Accountability in this programme / Scheme.???
Fellow Nigerians , Welcome to this Conversation , please .
THANK YOU .
Anonymous
August 14, 2018 at 8:16 am
You are a disgraced, while politicians are looting billions, but 10k loan to petty traders because of your second term ambition, what can 10k buy in the market as you have destroyed Nigeria to zero.
Anonymous
August 14, 2018 at 8:16 am
Hmmmm well if you want to start selling tea and doing shoe shining it’s okay for the abokis
Anonymous
August 14, 2018 at 8:14 am
What is 10k
Anonymous
August 14, 2018 at 8:13 am
Shame
Anonymous
August 14, 2018 at 8:12 am
If that money enter my hand I go chop am, I go use am go chop isi ewu
Anonymous
August 14, 2018 at 8:12 am
Sai baba Buhari wailer go kill yourself
Anonymous
August 14, 2018 at 8:14 am
Rubbish
Anonymous
August 14, 2018 at 8:28 am
Usman m kallamu hmmmm illiterate is a disease who are the wailers? What is wailers? Stupid fools
Anonymous
August 14, 2018 at 8:59 am
How much is shop rent
Anonymous
August 14, 2018 at 9:01 am
10,000 as loan, not even free. why is the north so sheepish when it comes to politics? you were empowered with wheelbarrows, bags of oranges and shoe shining kits, and now 10k (less than $30) in this 21 century yet you are shouting sai baba. you should know when you are insulted and when you are truly empowered, this 10k is same amount used to buy votes in Ekiti State. you put religion ahead of developement and that was why the north is backwards in almost everything, no wonder Sheik Gumi and Sanusi always criticize the northern politicians for promoting religion in other to brainwash their people. even if Buhari fed you with feces and urine you will still praise him. so bad!
Anonymous
August 14, 2018 at 8:05 am
Imagine, is that one for 1pot of soup or garri, God will judge you politicians.
Anonymous
August 14, 2018 at 8:03 am
Dead vegetable the blood of innocent souls you killed will not allow you to succeed.
Anonymous
August 14, 2018 at 8:13 am
IBO inherits curses from generation to generation. Yu r under a spell already
Anonymous
August 14, 2018 at 8:03 am
What a stupid man,illiterate is a disease honestly, go back to Daura and give the shoe Polisher in you town blood sucking demon
Anonymous
August 14, 2018 at 8:01 am
CRIMINALS,this was what obj did to won ,they want your name ,they will use to rigging election in Nigeria
Anonymous
August 14, 2018 at 7:59 am
useless idea
Anonymous
August 14, 2018 at 7:59 am
Plan to lure Nigerians to vote for him come 2019. Using our money he should have used in developing our country or touching lives positively to buy our votes. Nigerians be wise this time. Remember, you can’t after eating your cake and still have it. Ten thousand Naira is nothing in Nigeria of today. Who are they deceiving? Let them give their wives that amount for shopping and see if they will not divorce them. Nigerians are suffering we need nothing than change of government. Period. Let them add this money to the ones they have already stolen and go. Nigerians are tired of empty promises and empty stomach in the midst of abundance. God bless my beloved country Nigeria.
Anonymous
August 14, 2018 at 7:55 am
I have seen any comment a Yoruba person!
Anonymous
August 14, 2018 at 7:55 am
The aim is to rig election oo. You’ll fill your PVC number in the form for them to clone. Don’t sell your future for peanut people
Anonymous
August 14, 2018 at 7:55 am
Woe to Buhari…
Anonymous
August 14, 2018 at 7:54 am
What is #10k to all this billion billion
Anonymous
August 14, 2018 at 7:54 am
What a joke? Loan or vote buying? Which way Nigeria
Anonymous
August 14, 2018 at 7:52 am
Useless…. Why buying people mind with money… He is aware of his failure!!!
Anonymous
August 14, 2018 at 7:52 am
what is 10k for drink fanta or cocacola wayoo apc party blood socker
Anonymous
August 14, 2018 at 7:49 am
Where is N5k promised in 2014
Anonymous
August 14, 2018 at 7:44 am
Criminal
Anonymous
August 14, 2018 at 7:44 am
Ten thousand naira can not even afford one bag of rice.
Anonymous
August 14, 2018 at 7:42 am
Thief u want to still vote
Anonymous
August 14, 2018 at 7:41 am
Killer
Anonymous
August 14, 2018 at 7:39 am
How much is the oil of your son bike?
Anonymous
August 14, 2018 at 7:37 am
Useless president
Anonymous
August 14, 2018 at 7:37 am
Is it buhari or federal government. As if buhari owns Nigeria. Idiot
Anonymous
August 14, 2018 at 7:40 am
You mean buhari did not know of approve of this? Please what exactly your point
Anonymous
August 14, 2018 at 7:43 am
My point is, they should say federal not giving the credit to buhari, we are in democracy my bro.
Anonymous
August 14, 2018 at 7:34 am
10,000 to start a business in nigeria with high rate of things in the market. Buhari and his advisers are trying in fact this one na collect an eat
Anonymous
August 14, 2018 at 7:37 am
Shoe shiner business
Anonymous
August 14, 2018 at 7:34 am
Idiot! U shall fail …
Anonymous
August 14, 2018 at 7:33 am
The most stupid idiot ever… 10000 naira loan. Tell me how the person can pay back this load in a country where transport to the bank to cash the load is not less than 1000. Local mkt tax is not less than 5000. 10000 can not make a pot of soup for a family
Anonymous
August 14, 2018 at 7:31 am
vote buying is real
Anonymous
August 14, 2018 at 7:31 am
In katsina and kano abi? If you still want this man to win please block me.
Anonymous
August 14, 2018 at 7:30 am
What will 10,000 buy in Nigeria? Maybe pure water
Anonymous
August 14, 2018 at 7:37 am
Shoe shiner business or truck I guess
Anonymous
August 14, 2018 at 7:38 am
Na there major business be that na, who don get there own share of Abacha loot ???
Anonymous
August 14, 2018 at 8:03 am
And u will pay back cos its a loan.
Anonymous
August 14, 2018 at 8:04 am
If they want to give loan, let them give loan if the plan is to share ice cream money they shld tell us…
Anonymous
August 14, 2018 at 7:24 am
He is a mad man
Anonymous
August 14, 2018 at 7:52 am
No be small mad man