Federal Government delivers trucks of rice, kicks off TraderMoni

Federal Government delivers trucks of rice, kicks off TraderMoni

by Joseph Anthony
161 views
Sadiya Farouq

Minister of Humanitarian Affairs Disaster Management and Social Development Sadiya Farouq, at the weekend, delivered three trucks of rice to Katsina State as part of COVID-19 palliatives.

The palliatives, according to Farouq, is for the less privileged, vulnerable and people with disabilities, to cushion effects of the lockdown.

Farouq kicked off disbursement of TraderMoni and MarketMoni to beneficiaries in the state to help them start-up or expand existing micro-businesses.

Read Also: Fed Govt cuts fertiliser’s price by 20%
This is contained in a statement in Abuja on Sunday by Special Adviser to the minister on Media Salisu Dambatta.

Farouq, who was represented by Deputy Director in charge of Disaster Management Dr. Abubakar Sulaiman said 5,000 beneficiaries were approved for TraderMoni in Katsina State.

The minister explained that TraderMoni was a N10,000 loan to traders that depend on daily income, while the N5,000 MarketMoni was for  providers of essential services, such as shoe-makers and vulcanisers.

She said the first phase of the Conditional Cash Transfer of N20,000 to the poor and vulnerable households in Katsina had been concluded.

“As at Friday, a total of 428,941 beneficiaries have benefited from the Conditional Cash Transfer in 24 states, with 130,455 of them from Katsina State.”

You may also like

Leave a Comment

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00

Chijos News is an independent online publication that provides readers with the latest breaking Nigerian news, world news, entertainment, sports, business, and many more.

@2024 – Chijosnews.com. All Rights Reserved.