20,000 Anambra traders have benefitted from Tradermoni scheme - Osinbajo

20,000 Anambra traders have benefitted from Tradermoni scheme - Osinbajo

- Professor Yemi Osinbajo inspected the level of work done on the Second Niger Bridge

- The vice president promised that work will finish on the bridge as scheduled

- Osinbajo also said many traders have benefitted from the Tradermoni scheme

Vice president, Professor Yemi Osinbajo has said that more than 20,000 traders in Anambra state have benefitted from the Tradermoni and Marketmoni scheme.

The Nation reports that the vice president said this on Friday, May 3 at the palace of the Traditional Ruler of Onitsha, Igwe Alfred Achebe, during his visit to the state.

Osinbajo also said the Second Niger Bridge project was taking shape and promised that it will be completed at the scheduled time.

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The vice president said the schemes have helped traders and that only the federal government can provide such service.

He said: “Many of them are not given such facility or loan because nobody is sure that they will pay back or not.

“Only the Government can guarantee that kind of facility and it is the Bank of Industry (BOI) that actually administers the loan.”

The Vice President also expressed satisfaction with the implementation of the Federal Government’s Home-Grown-School-Feeding programme in the state.

“As a matter of fact, we visited a lady in Awka, one of the cooks, who happened to be best cook of the programme in the community.

Osinbajo explained: “The Second Niger Bridge is among the five projects where money has actually been set aside under a Presidential funding initiative to ensure completion.

“So, we have no fears that it will be completed as promised and scheduled.

“We are all brothers regardless of religion, ethnicity or political affiliation.

“We want to make sure that even in terms of execution of projects, we are fair and just, which is the commitment that the president has made.

“The President is committed to ensuring that he brings this to fulfillment.”

Governor Willie Obiano in his reaction applauded the federal government for its TraderMoni and MarketMoni initiatives, saying they would encourage the culture of repayment of loans and ensure prosperity of traders.

Meanwhile, Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), and his party, have insisted that the TraderMoni scheme initiated by President Buhari-led All Progressives Congress (APC) government is a vote-buying scheme that lacked budgetary backing.

According to Sahara Reporters, Atiku and his party described the initiative as “illegal and corrupt extra-budgetary spending".

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