Home News Business 2019: Okowa borrows FG ‘s ‘TraderMoni’, launches Delta ‘Smart Money’

2019: Okowa borrows FG ‘s ‘TraderMoni’, launches Delta ‘Smart Money’


By Onome Oghenetega

The Delta State Government may be borrowing the federal government’s “TraderMoni” scheme as it reveals plans to empower 26,400 traders with the sum of N10, 000 each in its “Smart Money” innovation.

The Commissioner for Economic Planning, Dr Emu Kingsley, disclosed this at the state’s capital, Asaba, Thursday, during an interview with the News Agency of Nigeria.

Emu also assured that the micro-credit programme of the state government is still very active, and that government is doing all things necessary to ensure its sustainability.

According to him, petty traders and hawkers, mostly women, across Delta’s 25 council areas will be the beneficiaries of the ‘Smart Money’.

 “We have concluded plans to empower more than 26,400 traders, especially women, with the sum of N10, 000 within the next few weeks.

“The N10, 000, which we tag ‘Smart Money’, will be given specifically to petty traders and hawkers across the various Local Government Areas of the state.

“As I speak with you, well over 26,400 people will benefit from the state government’s Smart Money. This will happen within the next two weeks,” the commissioner stated.

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