FarmerMoni

The Minister of Information and Culture, Alhaji Lai Mohammed, says Nigeria did not exit the latest recession by accident, but with “hard work, foresight and deliberate planning by the government.”

Nigeria’s Minister of Information and Culture, Lai Mohammed, has said his only regret as a minister is that some Nigerians have failed to appreciate that the administration of President Muhammadu Buhari is doing so much with little resources.

The Federal Government says it will repackage its social intervention programmes to ensure it reached more people at the grassroots.

Fellow Nigerians, It has become necessary for me to address you having heard from many concerned Nigerians and having concluded a meeting with all the Security Chiefs.

The Federal Government will use part of the N2.3 trillion stimulus package to purchase locally produced items as buyer of last resort in line with its Economic Sustainability Plan, according to Vice President Yemi Osinbajo, SAN.

Retired Doctors, Nurses and Laboratory Scientists across the country have volunteered their services to the cause of fighting the novel coronavirus (Covid-19) pandemic spreading across States in Nigeria.

As part of efforts to ameliorate the socio-economic hardship being faced by Nigerians in the fight against the deadly coronavirus, the federal government has been urged to extend her palliative to include suspension of payment of electricity and water bills for the ordinary Nigerians for two months.

From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and was officially declared a world-wide emergency, the Federal Government started planning preventive, containment and curative measures in the event the disease hits Nigeria.

The National Social Investment Office (NSIO) and the Independent Corrupt Practices and other Related Offences Commission (ICPC) on Friday formally flagged off collaboration to check corruption in the implementation of the National Social Investment Programmes.

Sadiya Umar Farouq, minister of humanitarian affairs, disaster management and social development, says over 12 million Nigerians are benefitting from the social investment programmes (SIPS).

The National Social Investment Office (NSIO) has said that contrary to rumours, the office of Vice President was not involved in financial transactions or the disbursement of funds for the National Social Investment Programmes (N-SIPs)

Market leaders in Kano State have lauded the introduction of town hall meetings for TraderMoni, a scheme by the Federal Government which grants soft loans to small business owners in the country.

Beneficiaries of the National Social Investment Programmes (N-SIPs) in Kano, on Monday came out in large numbers at Murtala Mohammed Library to pray for President Muhammadu Buhari and Vice President Yemi Osinbajo over their success at the 2019 polls.

The Special Adviser to the President on Social Investment, Maryam Uwais, has said N470.8 billion was released from 2016 to 2018 for the delivery of social investment programmes across the country.

The federal government’s National Home-Grown School Feeding Programme (NHGSFP) is currently feeding over 9.5 million public primary schools (classes 1-3) pupils with one free, balanced and nutritious meal a day in 30 states nationwide; while it has empowered 101,913 cooks in these states, the Presidency has said.

The Bank of Industry (BoI) has begun the roll-out of its voucher-based loan repayment recharge cards for the GEEP TraderMoni, MarketMoni, and FarmerMoni loans.

The federal government says it has spent at least N300 billion on the National Social Investment Programme in the last three years.

The federal government has spent about N300 billion on the National Social Investment Programmes in the last three years.

Critics of TraderMoni – a social investment programme of the Federal Government – got a reply yesterday to their claim that the scheme was introduced to buy votes during the general elections.

Contrary to speculations in some quarters, the TraderMoni scheme and other GEEP micro-credit products (MarketMoni and FarmerMoni) – a component of the Buhari administration’s Social Investment Programme, are still very much in operation, Mr Laolu Akande, the Senior Special Assistant on Media & Publicity to the President (Office of the Vice President), has said.

The Bank of Industry (BoI) has begun to disburse loans of N15,000 to Tradermoni beneficiaries who have repaid their first N10,000 loan.

Vice President Yemi Osinbajo has said the country plans to establish an Entrepreneur Bank to provide flexibility in provision of facilities to businesses.