Bukola Saraki, President of the 8th Senate, has described the Trader Moni initiatives of the All Progressive Congress (APC) led federal government as sophisticated vote buying.

Mr Saraki made the description on Friday while declaring open the presidential campaign council of Atiku Abubakar, the candidate of the Peoples Democratic Party (PDP) for the 2019 presidential election.

Vote buying, a corrupt election practice, occurs when those eligible to vote in an election exchange their votes for monetary gains or services.

Trader Moni, launched under the Government Enterprise and Empowerment Programme (GEEP) in August is meant to empower two million petty traders across the country before the year ends.

The microcredit scheme would grant a minimum of 30,000 loan facilities to petty traders in each state and the federal capital territory (FCT).

The programme is being executed by Vice President, Yemi Osinbajo. The number citizen has recently been travelling across the country giving out the loans to those qualified.

The scheme was designed to help petty traders expand their trade through the provision of collateral-free loans of at least N10,000 which would be repayable within a six-month period.

Beneficiaries can get access to higher loan facilities ranging from N15,000 to N50,000 if they repay within the six-month loan term.

For the top lawmaker, “social intervention funds are for all Nigerians — they should not be used as a partisan tool. However, it goes without saying that Nigerians across the nation will not be deceived by “sophisticated vote-buying” techniques.”

He questioned the timing which followed the implementation of the scheme since provisions for it was made in the 2015 budget. Saraki also queried why those benefiting must give out their Permanent Voter Card (PVC) to be qualified for the scheme.

“The disbursement should involve all the parties because the money belongs to Nigerians but what I see is APC women leaders. It is wrong, morally wrong,” Saraki said.


“It equates in a way to a sophisticated vote buying, because if it’s not vote buy you should have been doing it since 2015, you got the budget in 2015,” he added.

The top lawmaker queried why the scheme was not implemented in 2016 and 2017 saying even when it was launched in 2018 those giving out the loans went with APC governors, women leaders of the party and were collecting PVC from beneficiaries.

“Look Nigerians are not going to be fooled. If you have been doing it since 2015, 2016, 2017 then you can say that but to us it is sophisticated vote buying.”

He advised that the federal government should carry other stakeholders along if the administration is sincere.

“And next time he goes out he should carry people that represent the communities and not just one party but Let them carry members of women associations, not only a party or political association,” Saraki added.

Source: https://politicstimesng.com/amp/trader-moni-sophisticated-vote-buying-saraki/

“The disbursement should involve all the parties because the money belongs to Nigerians but what I see is APC women leaders. It is wrong, morally wrong,” Saraki said.

It equates in a way to a sophisticated vote buying, because if it’s not vote buy you should have been doing it since 2015, you got the budget in 2015,” he added.

Only simpletons and zombies thinks otherwise.

The so-called social intervention programs are being undertaken close to election period cos APC have no tangible achievement to campaign with hence their need to 'stylishly' bribe the electorates.

Nigerians should not reinforce failure. Let's vote this incompetent government out in 2019.

I said it and am still repeating it 2019 presidential election will be the most talked about and interesting election this country has ever witnessed.


God bless Nigeria.

If the dullard likes, he should bring out all the cash he has been hoarding for the last 4 years and share it with reckless abandon under any disguise, it won't stop Nigerians from sending him back to Daura.

lalasticlala

How is it vote buying when it began since 2016. So Buhari is suddenly now sophisticated?

Ever since his bye election loss in Kwara saraki has been disjointed in his speeches.

cc Buterflyleo

i said it before

When the elite shares Nigeria money through AMCON, it's never vote buying and influence peddling, but it becomes vote-buying when poor Nigerians are benefiting.

All Nigerians should rise up against these people that have sworn that ordinary Nigerians will never benefit from Nigeria.

gurnam:
When the elite shares Nigeria money through AMCON, it's never vote buying and influence peddling, but it becomes vote-buying when poor Nigerians are benefiting.

All Nigerians should rise up against these people that have sworn that ordinary Nigerians will never benefit from Nigeria.

God bless you my brother
I am never a Buhari fan but seeing the roads from the one near me at Afor-Enyiogugu road to the airport road done here in my area in the SE. I was recently in Lagos and saw the Progress of the Lagos Ibadan and saw the extension he's doing at Ikorodu. I've campaigned for GEJ but I can boldly say the airport he built in my mothers state is one of the greatest tragedy in the world. I don't know why Buhari has so many enemies but it seems Saraki already confessed, the monies for the rail way and road projects are supposed to shared among the senators who have battalions of prostiturs and several properties taxes to pay in Dubai and Europe. May God save Nigeria from the likes of Saraki.

In as much I am not in support of the PDP, the timing of the scheme is wrong if it was included in the 2015 budget. Why launch it now because of election?

Why demand for PVC for those who want to benefit from the scheme?

gurnam:
When the elite shares Nigeria money through AMCON, it's never vote buying and influence peddling, but it becomes vote-buying when poor Nigerians are benefiting.

All Nigerians should rise up against these people that have sworn that ordinary Nigerians will never benefit from Nigeria.

gurnam:
When the elite shares Nigeria money through AMCON, it's never vote buying and influence peddling, but it becomes vote-buying when poor Nigerians are benefiting.

All Nigerians should rise up against these people that have sworn that ordinary Nigerians will never benefit from Nigeria.

You are blessed beyond a curse for this comment

Buterflyle0:
How is it vote buying when it began since 2016. So Buhari is suddenly now sophisticated?

Ever since his bye election loss in Kwara saraki has been disjointed in his speeches.

You were banned for misleading the general public. .........So shut up!

PointZerom:


[s]You were banned for misleading the general public. .........So shut up[/s]!

What manner of raw nonsense is this one saying ?

APc is subtly buying votes


Very wicked and evil party...



Sharing money in the name of tradamoni scheme

Stupid and selfish lots

gurnam:
When the elite shares Nigeria money through AMCON, it's never vote buying and influence peddling, but it becomes vote-buying when poor Nigerians are benefiting.

All Nigerians should rise up against these people that have sworn that ordinary Nigerians will never benefit from Nigeria.

You may win the argument but you can't change what we already know.

#10,000 cannot transform anybody's life or business.......it can only buy PVC.

ZombiePUNISHER:
APc is buying subtly buying votes


Very wicked and evil party...



Sharing money in the name of tradamoni scheme

Stupid and selfish lots

Stupid and selfish after your sister and Aunty has benefited from it abi?

PointZerom:


You may win the argument but you can't change what we already know.

#10,000 cannot transform anybody's life or business.......it can only buy PVC.

Tell that to the pepper seller or the akara fryer or the corn seller.

Its called PETTY trading.

Everyone must not start big.

Discipline and consistency can grow even 5k to 500k in a year.

Some parents send their children to school and pay house rents from simply frying akara and yam

Buterflyle0:


Stupid and selfish after your sister and Aunty has benefited from it abi?

Nobody benefits from such useless schemes except the thieving politicians

gurnam:
When the elite shares Nigeria money through AMCON, it's never vote buying and influence peddling, but it becomes vote-buying when poor Nigerians are benefiting.

All Nigerians should rise up against these people that have sworn that ordinary Nigerians will never benefit from Nigeria.

So to you 10k is enough to lift people out of poverty?

The funds for the social intervention programs should have been channeled to infrastructural development than that almajiri style of economic development being pursued by APC.

Anyway what should one expect from a man with an almajiri mindset who confessed he doesn't know how to make money nor grow his cattle business but will rather turn Nigerians to beggars cos of his 2nd term ambition

ZombiePUNISHER:


Nobody benefits from such useless schemes except the thieving politicians

Really? Same way no masses benefits from Amcon loans except the elite.

Gerraarrahiah

Buterflyle0:


Tell that to the pepper seller or the akara fryer or the corn seller.

Its called PETTY trading.

Everyone must not start big.

Discipline and consistency can grow even 5k to 500k in a year.

Some parents send their children to school and pay house rents from simply frying akara and yam

After you have made life unbearable for them and created a WHIRLWIND business environment.

PointZerom:



After you have made life unbearable for them and created a WHIRLWIND business environment.

All thanks to PDP and her 16 years of mismanagement of our economy as they stuffed their pockets and bank accounts at the detriment of the masses.

It's a complete scam. Why I know this so-called Trader Moni is a scam is their taking it to markets and giving it to people who are already in business. What can ₦10k do for a woman whose business is already worth ₦200k+? At least all the photos shown so far point to this.

Buterflyle0:


Really? Same way no masses benefits from Amcon loans except the elite.

Gerraarrahiah

Put #10,000 into your Akara business lets see how far you'll go. Osibanjo is a crook.

Buterflyle0:


All thanks to PDP and her 16 years of mismanagement of our economy as they stuffed their pockets and bank accounts at the detriment of the masses.

PDP inherited more evil from the military.....so shut up.

PointZerom:



PDP inherited more evil from the military.....so shut up.

On the contrary when Buhari was head of state , exchange rate from dollar to Naira was 1 dollar to 90kobo.

Obasanjo and Atiku under PDP destroyed our economy as they totally ruined the exchange rate.

Google is your friend

As if Nigerian votes ever counted?
Hungry masses must eat ke!

30,000 go finish in 2 days!

Limitednow:
In as much I am not in support of the PDP, the timing of the scheme is wrong if it was included in the 2015 budget. Why launch it now because of election?

Why demand for PVC for those who want to benefit from the scheme?

What would be the objective of demanding for PVC? Nobody demanded for any one Pvc?. The man Saraki was just being mischievous with that statement

PointZerom:



Put #10,000 into your Akara business lets see how far you'll go. Osibanjo is a crook.

If I had an Akara business it would definitely boost it.

Ask your mother how she trained you from her petty business

gurnam:


What would be the objective of demanding for PVC? Nobody demanded for any one Pvc?. The man Saraki was just being mischievous with that statement

Mischievous? Any evidence to back up your claims?

Limitednow:


Mischievous? Any evidence to back up your claims?

Factual reading makes you better informed while jobless gossip shows your foolishness.

https://theeagleonline.com.ng/geep-tradermoni-designed-to-benefit-all-other-members-of-nigerian-trader-groups-boi/


https://www.businessdayonline.com/life-arts/enterpreneur/article/transforming-micro-businesses-boi-managed-trader-moni/


https://nigerianfact.com/trader-moni/amp/

Click and read any of the links and see that BOI (bank of industry) said no paper forms are used for data collection and no PVC is needed