FG re-introduces poverty alleviation scheme for market traders, earmarks bumper money for 109 markets

  • The federal government has confirmed that it would re-launch its Tradermoni’ scheme in November 2023
  • The poverty alleviation scheme started in 2018 under the administration of ex-President Muhammadu Buhari and has been off the radar for a while
  • Confirming this development, the Minister of Humanitarian Affairs and Poverty Alleviation, Mrs Betta Edu, said beneficiaries would get N50,000 each

FCT, Abuja – The Nigerian government has revealed that it would re-introduce the ‘Tradermoni’ scheme in November 2023, earmarking N50,000 for each beneficiary to support their businesses.

This development was confirmed by the Minister of Humanitarian Affairs and Poverty Alleviation, Mrs Betta Edu, who was a guest on Channels TV’s prime time program ‘Sunday Politics’.