Vice President Yemi Osinbajo on Monday disclosed that the Federal Government has so far spent N15 billion on interest-free loans across the country.
He spoke during the 9th Presidential Quarterly Business Forum at the old Banquet Hall of the State House, Abuja.
According to him, the Federal Government is working with eight banks that are very committed to the Tradamoney scheme.
“If we spend N1 trillion to bail out the poor in this country every year, we will make a massive difference,” he said
Stressing that job creation has always been a top priority of the current administration, he said that the surest was to create jobs is by enabling the private sector.
He said that NAFDAC and CAC are among government agencies that are improving on the ease of doing business in the country.