TraderMoni: Buhari warns Osinbajo

Be careful, I don’t want you mobbed over TraderMoni, Buhari warns Osinbajo

President Muhammadu Buhari while expressing fears for the safety of his Vice, Prof. Yemi Osinbajo warned him on the needs to be careful in the way he implement the TraderMoni, one of his administration Social Intervention Programmes (SIP).

The trader money programme is being implemented under the Vice President‘s office.

The President said he does not want Osinbajo to be mobbed in the process of giving out money to the traders.

Only last week the Vice President unveiled the second phase of TraderMoni and MarketMoni in Awka and Onitsha in Anambra State.

Beneficiaries receive funds ranging from N10, 000 for the TraderMoni and N50, 000 for the MarketMoni from the Bank of Industry (BoI) implementing the fund.

Buhari spoke Monday night when he hosted Osinbajo, members of the Federal Executive Council, Security Chiefs and Chief Executives of Federal Government Agencies to a breaking of fast at the Presidential Villa.

He warned Osinbajo to be careful with the way he moves from one market to the other.

“This `market money’ I warned the Vice-President I don’t like him to be mobbed, especially the way I see hefty women coming and confronting him, he should be very careful.

“These are very good initiatives. Initially, I was quite reluctant but I must admit that they are very good programmes and they endear this government to a lot of poor people because of these N5,000 or N10,000 being given to them as loans.

“They are fantastic programmes and I have to admit quite honestly that the vice president was ahead of me by insisting on them.

“But he knows me if he insists I will say `okay go and do what you like.’ He did it and I’m very pleased as he is being very successful,” he said.

Buhari also frowned at the inability of the elites to address the welfare and educational needs of the less-privileged in the country.

“When I drive around the country what upset me very much is the status of our poor people in this country. You see young people, the so-called Almajiris with tore dresses, with plastic bowl. They are looking basically for what to eat.

“The question of education (to them) is a luxury. I think Nigerian elite we are all failing because I think we should have a programme that will at least guarantee some basic education for our people no matter how poor they are.

“So, I welcome the Vice-President initiate of the School feeding programme.

‘’If you check in your localities the enrolment into schools improved because a lot of children can get at least one good meal a day. This is the position of this country.

“But, culturally some of us are quiet merciless, we don’t care about what happen to others we just keep on moving forward,” he said.

Speaking on behalf of the cabinet members, Osinbajo thanked the President for inviting Muslims and Christians to the breaking of fast with him.

“Mr. President I must say that there are some reasons I had always look forward to the Ramadan session. But some of those reasons are now being seriously challenged.

“The first of those reasons is that during the Ramadan meetings are usually very short. But, unfortunately last Wednesday Mr. President seemed to have destroyed that very good notion by taking us through the longest FEC meeting in the history of the Federal Executive Council.

“So, we shouldn’t expect anymore that meeting will necessary be short during the Ramadan.

“The second is that some of my friends are far less troublesome during the Ramadan. People like Lai Mohammed, Abba Kyari, Adamu Adamu, they are usually very well behaved during the Ramadan. But I’m not even sure that that is true anymore.

“So, I think that all we can truly expect now from the session is possibility what it was meant to do which is to remind us of some of our responsibilities to ourselves as brothers and to our fellow men/women especially our roles as leaders.

“I think is auspicious that this particular Ramadan falls at the eve of the new term in office.

“So, it is an opportunity for us to remind ourselves over the core mandates which is the welfare and security of majority of our people,” he said.

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Updated: May 15, 2019 — 7:06 am

119 Comments

  1. Thanks for always updating us on the news on what’s happening in the world. It is very important to know what’s going on because so many people may be afflicted by the actions of not knowing what is happening in the world

  2. Buhari also frowned at the inability of the elites to address the welfare and educational needs of the less-privileged in the country.

  3. market money’ I warned the Vice-President I don’t like him to be mobbed, especially the way I see hefty women coming and confronting him, he should be very careful

  4. Thank you very much paid news for always updating us on the news around the world…well done..God will help us in nigeria

  5. Be careful, I don’t want you mobbed over TraderMoni, Buhari warns Osinbajo

    President Muhammadu Buhari while expressing fears for the safety of his Vice, Prof. Yemi Osinbajo warned him on the needs to be careful in the way he implement the TraderMoni, one of his administration Social Intervention Programmes (SIP).

    The trader money programme is being implemented under the Vice President‘s office.

    The President said he does not want Osinbajo to be mobbed in the process of giving out money to the traders.

    Only last week the Vice President unveiled the second phase of TraderMoni and MarketMoni in Awka and Onitsha in Anambra State.

  6. It’s quite unfortunate that they are giving someone ten thousand naira to start up a business in this our situation in this country it’s a pity

  7. Only last week the Vice President unveiled the second phase of TraderMoni and MarketMoni in Awka and Onitsha in Anambra State.

    Beneficiaries receive funds ranging from N10, 000 for the TraderMoni and N50, 000 for the MarketMoni from the Bank of Industry (BoI) implementing the fund.

  8. I feel so sorry for the poor masses please tell me what 10,000 can do for a business today?the money is too small.

  9. I feel so sorry for the poor masses please tell me what 10,000 can do for a business today?the money is too small.

  10. I am happy our president is beginning to identify With the conditions of poor people in this country, but fear is the trap called trader money and market money, with market inflation in our country it is impossible for anybody to survive with that amount in the market would, if were 1960’s/70’s then it is possible,

  11. Let the love you guys share reach to all Nigerians. What a caring partner looking out for the safety of his second in command

  12. Mr President is right because me I don’t know who that one help self “The President said he does not want Osinbajo to be mobbed in the process of giving out money to the traders” some of us are still waiting for Batch B of Npower program which one is trader moni abeg!!

  13. Thanks to VP prof. Osibanja for that trademoni program. Though he has to be careful owing to the security challenge in the country.

  14. I think what Osibajo is doing is right and Buhari is right too for looking out for his safety.

  15. A leader is some one that laid down down his life for his subject tread upon. Nice move by our able VP

  16. So, I think that all we can truly expect now from the session is possibility what it was meant to do which is to remind us of some of our responsibilities to ourselves as brothers and to our fellow men/women especially our roles as leaders.

  17. “I think is auspicious that this particular Ramadan falls at the eve of the new term in office.

  18. So, it is an opportunity for us to remind ourselves over the core mandates which is the welfare and security of majority of our people,” he said.

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