TraderMoni scheme has no political undertone, says Osinbajo

Vice President Yemi Osinbajo on Friday said there was no politics in its micro credit programme tagged TraderMoni, just as he said that two million people would benefit from the scheme nationwide.

The vice president said that, contrary to insinuations, the scheme was neither neither being used to buy votes, nor is it being operated in favour of members of the ruling All Progressives Congress.

Osinbajo explained this on Friday in Ilorin when he visited Kwara State to launch the progarmme.

The Vice President, who launched TraderMoni at Ipatata and some other markets in the town, gave the explanation during a radio programme at Sobi FM, a private radio station in Ilorin.

He said that, contrary to the allegations that the government launched the programme at election time, the programme started in 2016 and fully took off after the National Assembly approved of the money for it about seven months ago.

Osinbajo said the programme was for the benefit of petty traders and that once the people enjoy the benefit, it is out of place to complain about the timing, adding, “there is no wrong or right time to do the right thing.”

He also denied that the micro credit was being given to only members of the APC, saying that beneficiaries are not considered on account of party affiliation, but on merit.

“It is false that only members of the APC are being considered for the money.

“Nobody even asks anybody about his or her party or trying to know whether you are APC or PDP.

“Even those who belong to no party are part of the beneficiaries,” he stated.

News Reporter

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