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Federal Government to give free collateral loan to 2,000,000 Nigerians

The Federal Government has decided to give free collateral loan to two million Nigerians through trademoni in Buhari administration's new Microcredit for petty traders and artisans.

This program will commence between now and the end of the year.

The purpose of the Federal Government empowerment scheme is to alleviate poverty in Nigeria by helping traders and artisans.

It is scheme that offers #10,000 collateral free loans for petty traders in the first instance and much more after repayment.

The federal Government plans to reach 2 million beneficiaries across the country between now and the end of the year.

We think this will in one way or the other help the masses in their retail businesses.
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