Prof. Yemi Osinbajo, the running mate to President Muhammed
Buhari in the next general election has launched the ‘Tradermoni’ loan scheme
in Ekiti State with a pledge that the All Progressives Congress-led Federal
Government would take Nigerians to the next level of prosperity.
The Vice President was welcomed to Ekiti Parapo pavilion, Ado
-Ekiti by thousands of artisans, traders and N-Power beneficiaries said the
Small and Medium Scale Enterprise (SMSE) loan was initiated by the President Mohammadu
Buhari-led government to empower the Nigerian masses that are into small
scale businesses.
In his words, he has assured Ekiti entrepreneurs of government’s
financial support for their businesses, disclosed that the Federal Government
plans to set up an SME bank that will be responsible for providing loans for
SMEs.
"I want to congratulate all the business men and women here. I
want to tell you that we will support you and give you the credit that is
required, grants that are required to do your businesses well. The next level of
our government, we are setting up Entrepreneurship bank, a bank for
entrepreneurs only to give loans to small businesses owned by young men and
women.
“Before now, we used to do it through the Bank of Industry but
now we will set up a special bank. We are also setting up a People Money bank.
This is the bank that will give microcredit to business men and women.” He said.
While urging Nigerians to support and re-elect President Buhari
in the forthcoming presidential election, the Vice President said the Buahri-led
government has been prudent with the country’s resources; saying that it had
undertaken a lot of projects despite earning 60% less than what the previous
government earned.
Osinbajo urged Nigerians not to be deceived by those who want to
return to power in order to continue their looting of the nation’s resources
having done so for 16 years.
The Vice President commended Governor Kayode Fayemi for giving
Ekiti people, especially workers, a new lease of life by prompt payment of
salaries and other people-oriented interventions.
Earlier, Governor Fayemi had said that his administration was
prioritizing workers welfare through prompt payment of salaries and pensions,
adding that the Fayemi-led government believes in making life comfortable for
the masses.
Fayemi who noted that some entrepreneurs have started
benefitting from the SME loans in Ekiti State while others are still going to
be included in the scheme said the scheme will add value to locally made
products.
The governor urged Ekiti people to support the re-election bid
of President Buhari so that the various social investment and social safety net
programmes of the administration could continue.
He added that the team Buhari/Osinbajo is made up of a
combination of integrity and competence which are the hallmarks that are needed
to take Nigeria to greater heights.
Osinbajo and Fayemi later inspected the various exhibition
stands, where they had one on one interaction with the exhibitors.
The Ekiti Parapo Pavilion, venue of the MSME clinic was turned
into carnival as many people trouped in with banners and bands to welcome the
Vice President.
In her words, a Nollywood actor cum musician, Bose Olubo has
described his visit to the state as a welcome development and a good advantage
to their campaign in the state for the return of Buhari/Osinbajo.
Bose Olubo, the Ekiti State coordinator for #NEXTLEVEL; said
that Osibanjo’s visitation will create a great confidence in the electorate coupled
with the infrastructural development the administration promised to bring to
the state.
Royal fathers; Oloye of oye; Alaaye of Efon Alaaye; Ajero of Ijero and a host of others were
present.
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