Tambuwal to provide additional N1bn to traders

By Abdallah el-Kurebe, Editor

The Sokoto state government is to disburse another N1 billion direct loan to traders in the state soon.

Governor Aminu Tambuwal made the announcement Monday during an interactive session with members of the business community organized by the state Chamber of Commerce and Industries in collaboration with Sokoto Traders Association held in the Sokoto.

The governor said the loan which is an addition to the N2 billion earlier earmarked for disbursement to traders, would be provided through the reinvigorated State Investment Company, State Chamber of Commerce and Sokoto Traders Association.

He however explained that the N2 billion would soon be disbursed to the beneficiaries after satisfying the laid dawn conditions.

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Tambuwal further said that the period of the loan repayment by beneficiaries had been extended from one to two years, adding that the loan was now interest free as government had canceled the payment of interest by the beneficiaries.

He thanked the traders for their unflinching support to his Administration and appealed to them to vote for PDP candidates at all levels.

In his comment, former Governor Attahiru Bafarawa reminded the traders that the state was in a damage control period and urged them to vote for Governor Tambuwal with a view to taking the state to a greater heights.

He stressed the need for all patriotic citizens in the state to join hands and rescue the state by reelecting Tambuwal.

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Earlier, the President of the state Chamber of Commerce, Alhaji Muazu Bello Magajin Rafi commended Tambuwal for his enormous support and encouragement to the business community in the state.

He announced that Sokoto state was organizing a solo exhibition in Tahoua Niger republic from 3-6 of next month.

Also in his remarks, the chairman of Sokoto Traders Association, Alhaji Yaro Gobirawa assured the governor that Traders were solidly behind him.

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