COVID-19: Deconstructing the president’s speech
On Sunday, March 29, 2020, His Excellency, President Muhammadu Buhari, Commander-in-Chief of the Nigerian Armed Forces addressed the nation on preparations and policy actions...
School feeding scheme during lockdown is senseless, fraudulent, Nigerians knock FG
Following the announcement of President Muhammadu Buhari that “although schools are closed, I have instructed the Ministry of Humanitarian Affairs, Disaster Management and Social Development
FG targets more Nigerians in new social investment
The Federal Government has said it intends to double the number of beneficiaries of the Government Enterprise and Empowerment Programme (GEEP) scheme, particularly through the TraderMoni and the MarketMoni.
TraderMoni, MarketMoni beneficiaries doing well – Osinbajo
Vice President Yemi Osinbajo says feedback from the field and testimonies indicate that the TraderMoni and MarketMoni beneficiaries are doing very well and are paying back their loans.
Kwara understudies TraderMoni to fight poverty
The Kwara State Government has said it is understudying Federal Government TraderMoni programme to give soft loans to traders and reduce mass poverty in the state.
Town hall for TraderMoni beneficiaries begins in Kano
The Government Enterprise and Empowerment Programme (GEEP) under the Office of Vice President, Prof. Yemi Osinbajo, on Tuesday began a series of TraderMoni...
BoI recognised for financial inclusion programmes
The Federal Government’s Enterprise and Empowerment Programme (GEEP), which is executed through the Bank of Industry has been recognised as the most impactful financial inclusion programme in Africa. The Bank of Industry was given the award at the African Bankers’ Awards ceremony which held in Malabo, Equatorial Guinea recently, for its role in implementing GEEP,…
Ijegun bad roads beg for Sanwo-Olu’s attention
As Babajide Sanwo-Olu settles into the task of governing Lagos State, he has his job already cut out for him. And to set a template...
Second term: FG to scale up Tradermoni, N-Power, others
The Federal Government will scale up the National Social Investment Programmes (NSIP) to reach more Nigerians in this second tenure of President Muhammadu Buhari, an official said on Saturday. Maryam Uwais, Senior Special Adviser to the President on Social Investment Programmes gave the assurance in Lagos. She spoke at a conference organised by the Reformers…
GEEP and financial inclusion: an inside look at the impact of GEEP loans on beneficiaries
The Government Enterprise and Empowerment Program (GEEP) grants interest-free loans of between N10,000 to N300,000 in a graduating scale of N10,000; N20,000; N50,000; N100,000; and N300,000. Traders either start at N10,000 (TraderMoni), or N50,000 (MarketMoni), or N300,000 (FarmerMoni) depending on the scale of their current trade, and preparedness to meet the criteria at each level. When beneficiaries take a loan and pay back, they automatically qualify for the next higher amount. One of the primary goals of GEEP is to increase financial inclusion and support for citizens at the lowest base of the economic pyramid.