Tradermoni

A three-month repayment moratorium for all Social Investment Programme microcredit loans (TraderMoni, MarketMoni and FarmerMoni), with immediate effect.

This is reminiscent of the dubious tradermoni and the monthly N20,000 spent on the public works programme of the last APC government which not only failed to stimulate the economy, but also worsened poverty as funds went into private pockets.

But which former President of Nigeria can sincerely boast that while in office, and within five years, he launched Farmerman; Tradermoni; Marketmoni; N-Power; N-Tech and N-Agro?

According to some speculators, the VP was suspended over TraderMoni ‘vote-buying’ while others believe that the Osinbajo was suspended by Twitter.

If you take those dates into account, they fall on the period of electioneering, when monies were freely distributed by officials of this government in the name of Tradermoni and other election gimmicks that were discontinued after the election”.

She noted, “Traders have started receiving credit alerts from TraderMoni.

The louder rejection of his proposal the second time appeared to have thrown the vice-president out of his Tradermoni heart and the law professor adlibbed into a verdict against his very purpose.

Oloriegbe urges Saraki not to play partisan politics with peoples life by rejecting tradermoni scheme – Royal Times of Nigeria.

TraderMoni is one of the government’s initiatives under the Government Enterprise and Empowerment Programme (GEEP), a programme targeted at awarding collateral-free loans to two million petty traders across the country.