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Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) - Politics (4) - Nairaland

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Vp Osinbajo,ambode And Sanwo-olu Storm Lagos Markets 4 Tradermoni Empowerment(pi / Jubilation In Onitsha As Petty Traders Receive N10,000 FG TraderMoni Scheme / TraderMoni: Why We Are Giving N10,000 Collateral Free Loans – Presidency (2) (3) (4)

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Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by Sleekfingers: 3:25pm On Oct 31, 2018
Omooba77:
@DaramolaMike22 So I received the #TraderMoni by #FG today, but to my surprise, the officials gave out #8000 instead of #10000 which means they deducted #2000 each from everyone who got the money. How do we make Nigeria work with such acts? @DrJoeAbah, @ProfOsinbajo, @segalink, @feladurotoye

Source @DaramolaMike22



Hmmmm.....i smell lies.....some Nigerians can lie for Africa......

The federal government should start monitoring our social media activities ...like china, uae, Saudi Arabia, north Korea
..
And start putting some people behind bars.....

Awon opuro jati jati

1 Like

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by OfficialAPCNig: 3:30pm On Oct 31, 2018
madridsta007:


You know the Maths well.
People who believed they would get the full N10,000 have perhaps been sleeping since 2015.

Give it a few weeks, they will deduct N6,000.

N10,000 or N8,000 it is terrible that Nigeria is sliding into full-scale socialism and fast. Unlike Venezuela, this is not as a result of international sanctions or US sanctions. This is as a result of economic incompetence. It’s that simple.
We have to vote out Buhari
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by OfficialAPCNig: 3:31pm On Oct 31, 2018
klimkid:

You can't blame the Govt. on this one, perhaps the Govt. must have made 10k available for all the beneficiaries, so the officials are the ones playing a smart one here.She sent that so the Govt. can see that and act fast.
You are the Leader responsible. If Buhari is up and doing the subordinates dare not touch a kobo.
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by OfficialAPCNig: 3:32pm On Oct 31, 2018
4601CE:
Shut up!
BMC!
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by stagger: 3:36pm On Oct 31, 2018
madridsta007:


If you actually knew who I was, these your statements will be absolutely unnecessary.
A consequence of socialism is government handouts. TraderMoni, nPower, etc, are beautifully romanticized names given to handouts.

So you prefer that these funds which were hitherto in the capitalist banking institutions, siphoned there by Abacha's family, remained in those institutions?

Those monies are better off in the hands of the people directly. Afterall, even the most capitalist of countries (the US) has a social welfare system and regular grants subsidies to local business and farmers. Russia had to liquidate its reserves to prop up failing businesses in 2008. The UK also has a social component to its council housing schemes.

So socialism is not such a bad thing is it?
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by YouthfulVapour: 3:39pm On Oct 31, 2018
Omeokachie:
And where do you think the money to pay strippers would come from?
grin
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by YusluvBaba: 3:44pm On Oct 31, 2018
I don't believe this picture
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by jaafree: 4:00pm On Oct 31, 2018
this is contrary to what happen in Kaduna last month, nothing has been deducted we received the money in full #10000
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by madridsta007(m): 4:06pm On Oct 31, 2018
stagger:


So you prefer that these funds which were hitherto in the capitalist banking institutions, siphoned there by Abacha's family, remained in those institutions?

Those monies are better off in the hands of the people directly. Afterall, even the most capitalist of countries (the US) has a social welfare system and regular grants subsidies to local business and farmers. Russia had to liquidate its reserves to prop up failing businesses in 2008. The UK also has a social component to its council housing schemes.

So socialism is not such a bad thing is it?

Dear Poster,

Having a social welfare system most capitalist countries have is not a niche out of socialism, if it is examined critically. The social welfare system and the UK benefits system is a system that is tightly regulated and, despite its challenges, has been successful in propping up a cadre of its populace. I'm sure you know the qualifying criteria. From the jobseekers allowance to the carers and disability benefits the common denominator here are a section of the society who are unable, for some reason or the other, to work. There is a register for this and claimants are tightly monitored.

That one will compare this system to giving out N10,000 to traders, persons that would be more excited when their profit margins isn't hit by bad roads, insecurity, poor transport infrastructure, etc, surprises me. Tell me, considering the double-digit inflation rate, what exactly will N10,000 get a trader?

Of course one would not prefer Abacha's stolen dollars to remain in Swiss Banks. It seems like you have mistook me for someone else. Any educated and right-thinking person would prefer that the money is invested in something that would be sustainable and benefit the traders and the larger populace for a long period of time. Dashing people N10,000 a seemingly Nigerian thing, is mediocre and downright silly.

1 Like

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by Omooba77: 4:36pm On Oct 31, 2018
Sleekfingers:




Hmmmm.....i smell lies.....some Nigerians can lie for Africa......

The federal government should start monitoring our social media activities ...like china, uae, Saudi Arabia, north Korea
..
And start putting some people behind bars.....

Awon opuro jati jati

Go through his twiter handle sir @DaramolaMike22
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by stagger: 4:42pm On Oct 31, 2018
madridsta007:


Dear Poster,

Having a social welfare system most capitalist countries have is not a niche out of socialism, if it is examined critically. The social welfare system and the UK benefits system is a system that is tightly regulated and, despite its challenges, has been successful in propping up a cadre of its populace. I'm sure you know the qualifying criteria. From the jobseekers allowance to the carers and disability benefits the common denominator here are a section of the society who are unable, for some reason or the other, to work. There is a register for this and claimants are tightly monitored.

That one will compare this system to giving out N10,000 to traders, persons that would be more excited when their profit margins isn't hit by bad roads, insecurity, poor transport infrastructure, etc, surprises me. Tell me, considering the double-digit inflation rate, what exactly will N10,000 get a trader?

Of course one would not prefer Abacha's stolen dollars to remain in Swiss Banks. It seems like you have mistook me for someone else. Any educated and right-thinking person would prefer that the money is invested in something that would be sustainable and benefit the traders and the larger populace for a long period of time. Dashing people N10,000 a seemingly Nigerian thing, is mediocre and downright silly.

I am sure you know that every country has its own peculiarities and will therefore have to adapt systems that work in their own environment. There is no country in today's world that is 100% capitalist or 100% socialist.

You mentioned bad roads, bad infrastucture, etc. Please tell me. In a country like ours where insitutions do not work, where corruption is rife and even those who claim to be fighting it are re-inventing corruption in ways never seen before (the Osun elections are a pointer), how long do you think that these traders would have to wait for any kind of succour? Is it when they are dead and buried?

I am not a fan of the APC govt and if you read my thread, I have been critical of their policies. But let us face the facts. This is the very first time that any form of social intervention has been made at the level of the petty traders. YouWIN, TEEP and other programs of past governments were targeted at graduates.

Many of these beneficiaries of TraderMoni have NEVER been to any school. No access to any form of conventional loans. Even the CBN loans are a complete farce. How can a central bank provide money to banks, ask them to lend at 5% or 9% and transfer all the risk to the banks, without guaranteeing these loans? Ask any senior management banker what percentage of all the CBN loans have been accessed. You will be amazed.

Thisi is the 1s attempt to provide money DIRECTLY to those who need it. No ghost names as we saw with NAPEP under OBJ. You and I can sit here and argue about capitalism and socialism forever. We belong to the class of people who went to school and to all intents and purposes, are privileged.

Many families depend on the stipends that come from petty trading, and if for once a government took money that had been stashed away in Swiss banks by a former President and distributed it to these traders, then I will salute them for it and will support it.

This is practical socialism Nigerian-style, which conforms to the principles spelt out in the Communist Manifesto of 1848 as proposed by Marx and Engels. These monies are not handouts, because those who are receiving it already have enterprises they can put the money in.

1 Like

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by madridsta007(m): 5:07pm On Oct 31, 2018
stagger:


I am sure you know that every country has its own peculiarities and will therefore have to adapt systems that work in their own environment. There is no country in today's world that is 100% capitalist or 100% socialist.

You mentioned bad roads, bad infrastucture, etc. Please tell me. In a country like ours where insitutions do not work, where corruption is rife and even those who claim to be fighting it are re-inventing corruption in ways never seen before (the Osun elections are a pointer), how long do you think that these traders would have to wait for any kind of succour? Is it when they are dead and buried?

I am not a fan of the APC govt and if you read my thread, I have been critical of their policies. But let us face the facts. This is the very first time that any form of social intervention has been made at the level of the petty traders. YouWIN, TEEP and other programs of past governments were targeted at graduates.

Many of these beneficiaries of TraderMoni have NEVER been to any school. No access to any form of conventional loans. Even the CBN loans are a complete farce. How can a central bank provide money to banks, ask them to lend at 5% or 9% and transfer all the risk to the banks, without guaranteeing these loans? Ask any senior management banker what percentage of all the CBN loans have been accessed. You will be amazed.

Thisi is the 1s attempt to provide money DIRECTLY to those who need it. No ghost names as we saw with NAPEP under OBJ. You and I can sit here and argue about capitalism and socialism forever. We belong to the class of people who went to school and to all intents and purposes, are privileged.

Many families depend on the stipends that come from petty trading, and if for once a government took money that had been stashed away in Swiss banks by a former President and distributed it to these traders, then I will salute them for it and will support it.

This is practical socialism Nigerian-style, which conforms to the principles spelt out in the Communist Manifesto of 1848 as proposed by Marx and Engels. These monies are not handouts, because those who are receiving it already have enterprises they can put the money in.

My grandmother, someone that is in Nigeria and its peculiarities, is a petty trader. Despite the troubling persistence of her children and grandchildren, she insists on doing that -petty-trading and farming. When she heard that N10,000 was going to be given to them, the petty traders, her response was a laughter and, in our native language, "what will N10,000 do for me? They should use the money and fix the roads leading to the market..."

I suspect this opinion of hers would be shared by others in her group. Perhaps their worries might not be roads; perhaps it might be hospitals. I suspect the Abacha siphoned millions -over $323million according to a report I read- might just be enough to help towards that need. Granted, it would not give the government the PR win it wants, as a N10,000 would do, but it would be sustainable and directly impactful.

Forgive me, but I refuse to think mediocre, regardless of whatever party is in charge. Frankly, I careless about the political parties in Nigeria. They do not pay my bills and Nigeria has actually done nothing for me. However, if Ghana or TChad are building sustainable infrastructures for the categories of persons who might want these social benefits and not dashing out one-time, finite financial gifts, why not Nigeria?

Meanwhile just today:
BREAKING: 1.1m Nigerians slip into extreme poverty in four months

https://www.thecable.ng/breaking-1-1m-nigerians-slip-into-extreme-poverty-in-four-months/amp

Like someone said:
You cannot n-power your way out of this
You cannot Trader Moni your way out of this
You cannot anchor borrower your way out of this
You cannot ‘self sufficiency’ your way out of this
You cannot share Abacha loot your way out of this
You cannot do conditional cash transfer ur way out of this
You cannot graciously approve pension your way out of this
You cannot ergp your way out of this
You cannot vaids your way out of this
You cannot VOARS your way out of this

You can only sustainably grow your way out of this. This is basic common sense, basic economics. Nigerians just believe that sharing money, whether legally or illegally, is a solution. No, it isn't.

1 Like

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by rhektor(m): 5:52pm On Oct 31, 2018
SternProphet:
So you will get N10k and no taxes. If the FG is absorbing the taxes, it is something you should ask.

As for PDP supporters putting mouth in TraderMoni, pls shut it. When PDP was in power, they never remembered the poor and the financially endangered. They out a weakling in Aso Rock and stole everything. All western capitals were amazed at the flow of funds coming out of an "oil rich country of very poor people ". The man himself said it.."America will know..".
At least with TraderMoni, things will start moving as traders buy up re-stocks of rice, yams, plantains and FMCG to stimulate the internal economy. We dont have an idiot President saying private jets are evidenced of good economy. The dunce never did buy one for himself BTW.

2000 tax on 10000? That is outrageous haba? If could government who claim to be helping the less privileged be deducting 2k from a loan of 10k?

IMO : the 2k could have been deducted by those managing the fund Nigerians are too wicked to their own people nobody cares about the next person just their pocket
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by Lawee1992: 6:26pm On Oct 31, 2018
And did anyone notice what I see?
The sender of the fund is 'My Mtn with full number. 9ja which way ooo.
Omooba77:
@DaramolaMike22 So I received the #TraderMoni by #FG today, but to my surprise, the officials gave out #8000 instead of #10000 which means they deducted #2000 each from everyone who got the money. How do we make Nigeria work with such acts? @DrJoeAbah, @ProfOsinbajo, @segalink, @feladurotoye

Source @DaramolaMike22
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by cosby07: 6:43pm On Oct 31, 2018
SternProphet:
So you will get N10k and no taxes. If the FG is absorbing the taxes, it is something you should ask.

As for PDP supporters putting mouth in TraderMoni, pls shut it. When PDP was in power, they never remembered the poor and the financially endangered. They out a weakling in Aso Rock and stole everything. All western capitals were amazed at the flow of funds coming out of an "oil rich country of very poor people ". The man himself said it.."America will know..".
At least with TraderMoni, things will start moving as traders buy up re-stocks of rice, yams, plantains and FMCG to stimulate the internal economy. We dont have an idiot President saying private jets are evidenced of good economy. The dunce never did buy one for himself BTW.

So you will buy rice, yams, plantains and FMCG with 8k, if you're serious where is your village so I can relocate
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by emperorblog(m): 7:10pm On Oct 31, 2018
APC AND FRAUD
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by Sleekfingers: 7:48pm On Oct 31, 2018
Omooba77:


Go through his twiter handle sir @DaramolaMike22

Okay
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by biztip: 8:02pm On Oct 31, 2018
corruption is gone

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by NoToPile: 8:12pm On Oct 31, 2018
No need to ask what happened if this is true

Govt paid 10k, some people somewhere are deducting 2k, shikena.

Although I doubt the story
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by NairaMaster1(m): 8:18pm On Oct 31, 2018
miteolu:
You see them

You mean Buhari the successful fraudster?
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by miteolu(m): 9:25pm On Oct 31, 2018
NairaMaster1:


You mean Buhari the successful fraudster?

Oh yeah! You can say that again and again.
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by BIXYBABE: 9:28pm On Oct 31, 2018
highbee02:
I received #5,800 only in Ilorin, and the money was paid by hand
how can I apply
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by lordess(m): 9:52pm On Oct 31, 2018
OfficialAPCNig:
We know APC are fraud. Multiply that amount to 200,000 traders they are targeting that is 400,000,000. At least that money would be enough to pay the 30k salaries of their numerous BMC staff.

Nwa nne, i na cho nsogbu o

we re nu nwayo biko nu.
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by lordess(m): 9:53pm On Oct 31, 2018
The N2,000 deducted is both your "tithe" and "tax"

stop complaining grin

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by stagger: 10:00pm On Oct 31, 2018
madridsta007:


My grandmother, someone that is in Nigeria and its peculiarities, is a petty trader. Despite the troubling persistence of her children and grandchildren, she insists on doing that -petty-trading and farming. When she heard that N10,000 was going to be given to them, the petty traders, her response was a laughter and, in our native language, "what will N10,000 do for me? They should use the money and fix the roads leading to the market..."

I suspect this opinion of hers would be shared by others in her group. Perhaps their worries might not be roads; perhaps it might be hospitals. I suspect the Abacha siphoned millions -over $323million according to a report I read- might just be enough to help towards that need. Granted, it would not give the government the PR win it wants, as a N10,000 would do, but it would be sustainable and directly impactful.

Forgive me, but I refuse to think mediocre, regardless of whatever party is in charge. Frankly, I careless about the political parties in Nigeria. They do not pay my bills and Nigeria has actually done nothing for me. However, if Ghana or TChad are building sustainable infrastructures for the categories of persons who might want these social benefits and not dashing out one-time, finite financial gifts, why not Nigeria?

Meanwhile just today:
BREAKING: 1.1m Nigerians slip into extreme poverty in four months

https://www.thecable.ng/breaking-1-1m-nigerians-slip-into-extreme-poverty-in-four-months/amp

Like someone said:
You cannot n-power your way out of this
You cannot Trader Moni your way out of this
You cannot anchor borrower your way out of this
You cannot ‘self sufficiency’ your way out of this
You cannot share Abacha loot your way out of this
You cannot do conditional cash transfer ur way out of this
You cannot graciously approve pension your way out of this
You cannot ergp your way out of this
You cannot vaids your way out of this
You cannot VOARS your way out of this

You can only sustainably grow your way out of this. This is basic common sense, basic economics. Nigerians just believe that sharing money, whether legally or illegally, is a solution. No, it isn't.

At this point, I must say I love your engagement on this topic.

But I will have to disagree with you on many grounds.

a) We were told that excess crude proceeds would be saved in a Sovereign Wealth Fund. How much has been saved and how it has been spent; who has given any records, from OBJ to GEJ to PMB?

b) Before the SWF came on board, many governors including the current APC chairman, kept asking for the money to be shared to the states. How much was shared to the states between 1999 and today you and I are talking? If you have the data, please share it.

c) In the last two years, the crude oil price has surpassed the benchmark set by PMB's government. Where has the excess gone, and how much has NNPC been paying as subsidy in the last 18 months?

d) How much has been recovered from those mentioned as having partaken of the Dasukigate arms deal money? What component of this money has been used to procure arms to fight Boko Haram or pay soldiers their daily allowance in our troubled spots?

e) How much money has EFCC recovered from inception to date? What has become of these funds?

f) How many states have given account as to what they have done with the ecological funds given to them?

g) I do not even want to talk about bailout funds.

I can go on and on. But what is my point?

A lot of Abacha's loot has been recovered in the past. Has any government from OBJ's govt till date rendered any account as to what became of these earlier recovered funds which were disbursed to states?

Thank God for your grandmother; she has kids and grandkids who are doing well, so she can afford to continue her petty trading not to make profit, but to keep herself active. She does not need the proceeds of her business.

But there are millions across Nigeria who depend on funds as little as N10,000 for survival of their businesses. For once, a govt has remembered this group of people where others before them have not.

Is this not a good thing?

I make my submission: the latest Abacha loot would have gone the way of others collected. For once, this neglected group of micro business owners have been remembered by the government.

If there is one thing this APC govt has done well, TraderMoni is it. Saying that such money should have been used for projects or development is wishful thinking because you and I know very well, that money would have been embezzled like the rest.

1 Like

Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by maasoap(m): 10:32pm On Oct 31, 2018
SternProphet:
So you will get N10k and no taxes. If the FG is absorbing the taxes, it is something you should ask.

As for PDP supporters putting mouth in TraderMoni, pls shut it. When PDP was in power, they never remembered the poor and the financially endangered. They out a weakling in Aso Rock and stole everything. All western capitals were amazed at the flow of funds coming out of an "oil rich country of very poor people ". The man himself said it.."America will know..".
At least with TraderMoni, things will start moving as traders buy up re-stocks of rice, yams, plantains and FMCG to stimulate the internal economy. We dont have an idiot President saying private jets are evidenced of good economy. The dunce never did buy one for himself BTW.

Please, don't mind them. The deductions are being carried out by all these useless middlemen
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by OfficialAPCNig: 10:37pm On Oct 31, 2018
lordess:

Nwa nne, i na cho nsogbu o
we re nu nwayo biko nu.
Lol
Re: Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) by highbee02: 12:08am On Nov 01, 2018
BIXYBABE:
how can I apply
Are u in Ilorin?

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