The Vice President Prof. Yemi Osinbajo says TraderMoni scheme was conceived by President Muhammadu Buhari way back when he was Chairman of Katsina State Development Foundation, which gave soft loans and micro-credits to people to assist them in their respective businesses.
Prof. Osinbajo further said the President Buhari administration will continue to maximize the country’s huge resources for the benefit of the common man.
The Vice President stated this during the Family Chats on Sunday, in Lagos and Abuja respectively.
At the Family Chats, the Vice President met with Nigerians in their homes and neighbourhoods, engaging them on issues & the Next Level plan of the President Buhari administration, while noting that the Federal Government would continue to work towards improving the welfare of all Nigerians.
Following his visit on Sunday to the Palace of the Sarki of the Hausa community in Agege, Lagos, Alhaji Musa Dogonkadai, Prof. Osinbajo emphasized that President Buhari’s concern for the welfare of the common man.
He said, “President Muhammadu Buhari said, ‘I will fight corruption, I’m for the common man. I’m for the man in the street.’ I don’t know if you have heard about TraderMoni, the loans we are giving to petty traders. He (President) was chairman of Katsina (State Development) Foundation, where they were doing the same thing – giving poor people loans, credits, so that they will be able to do their businesses. He then told me, when we came into office, that we must do the same thing for all Nigerian traders.
The Vice President further noted that Nigeria is undergoing a rebuilding process under the President Buhari administration.
He said that Nigeria would be great as President Buhari is ensuring the right foundations are built for the country’s long-term prosperity.
Prof. Osinbajo highlighted the significant gains achieved under the administration’s Anchors Borrowers Programme as a pointer to improvement in agriculture, and other sectors.
He also pointed out the administration’s anti-corruption stance, noting that the President Buhari administration is focused on improving the lives of the common man on the streets, while highlighting the impact of the Social Investment Programmes.