Vice President, Prof. Yemi Osinbajo was in Bodija and Oje markets in Ibadan, Oyo State capital, on Thursday, during which he introduced the TraderMoni Scheme of the Federal Government to the traders.

He was accompanied by Oyo State Governor, Abiola Ajimobi, alongside other governemnet officials.

According to the Federal Government, the TraderMoni is a collateral-free loan that ranges from N10,000 to N50,000, depending on how well the borrowers are able to make repayments.

All petty traders and artisans in Nigeria are eligible to access the loan, government said.