The federal government is to set up a special entrepreneur money bank that will offer soft loans to young school leavers and undergraduates to make them self reliants…
Vice President Professor Yemi osinbajo announced this at the launch of the trader moni scheme, and micro small medium enterprises clinic held at the state pavilion in Ado Ekiti.
The Vice President explained that the bank which would be called people’s money bank was part of government initiative to address the challenges of unemployment among youths in the country.
Professor osinbajo noted that government was poised to encourage entrepreneurs with loans that would improve their businesses with a view to stimulate the nation economic growth.
He therefore called on the people to support the re election of the president which according to him will enable the APC led government to transform the country to a better place.
The Governor of Ekiti State Dr. kayode Fayemi said the APC led administration both at the state and national level would make life more comfortable for the people.
Some of the beneficiaries appreciated the government for the gesture which they said would assist them in their small businesses.
The vice president inspected the various exhibition of entrepreneurs at the launch of the initiative