Taraba traders laud FG’s financial inclusion scheme for SMEs

Traders at the Jalingo Main Market in Taraba State have commended the Federal Government for the National Social Investment Programme scheme geared towards boosting financial inclusion for small medium enterprises by disbursing N10,000 TraderMoni to petty traders in the state.
They say initiative such as this will greatly improve the fortune of local traders in the state.

Shuaibu Muhammad, one of the beneficiaries, says the money would help expand his business for more profit and a better standard of living.
Elizabeth Kuma, who deals in provision, lauds the Federal Government for remembering the micro small medium scale enterprises in the society with the TraderMoni initiative.
Earlier, Ayuba Baju, the Adamawa and Taraba coordinator of the Federal Government Entrepreneurship and Empowerment Scheme ‘TraderMoni’ at the flag off of the registration in Jalingo, notes that the benefiting traders were expected to pay back the money in six months.

Baju says the traders who would successfully pay back the money within the six months period would be given N15,000 by the scheme to equally payback in six months.
According to Baju, “The essence of TraderMoni is to assist willing traders to sustain their businesses for a better economy. Traders that will continue to pay as at when due to access the funds up to N200,000 in the long run.”
He further says that the programme, which commenced in Jalingo, would be extended to all the 16 local government councils of the state in the coming weeks.
He urges youth who were hard working to take advantage of the scheme to improve their standard of living, adding that 2 million traders were targeted across the country to benefit from the scheme.