Vice President Yemi Osinbajo has finally given the history of how the TraderMoni scheme started which he said, was way back during the years when President Muhammadu Buhari was Chairman of the Katsina State Development Foundation.
He said that at that time, Buhari gave soft loans and micro-credits to people to assist them in their respective businesses.
Professor Osinbajo, who spoke at the Family Chats yesterday, Sunday and today, Monday, in Lagos and Abuja respectively, said that the Buhari administration will continue to maximize the country’s huge resources for the benefit of the common man.
“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 said Nigeria is undergoing a rebuilding process under the Buhari administration, adding: “the message from President Muhammadu Buhari is that our country is going to the next level. We are going to do better and better. We are going to use the money of Nigeria to help Nigerians. So that traders would have more money for their businesses, so that every Nigerian can prosper. Mr. President has said that he will not allow a situation where people steal our money. That’s why we are not going back to the past, our money must be used for Nigerians. That’s why we have schemes like TraderMoni, MarketMoni, and our Social Investment Programmes.”
The Vice President said that Nigeria would be great as President Buhari is ensuring the right foundations are built for the country’s long-term prosperity.
“When you are building a foundation, things will be hard. When you are not importing everything, things will be hard. We all know. But things will be better because it is an honest man who is there and the building process is still ongoing. Our country will be great. God has provided for this country a lot of resources, but it must go round. Everybody must be able to take so that there would be education, health, houses for people.”
