Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,561 members, 7,809,050 topics. Date: Thursday, 25 April 2024 at 09:51 PM

Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking (1226 Views)

Vp Osinbajo,ambode And Sanwo-olu Storm Lagos Markets 4 Tradermoni Empowerment(pi / Tradermoni Recipent Claimed #8000 Was Paid Instead Of #10000 (pix) / Jubilation In Onitsha As Petty Traders Receive N10,000 FG TraderMoni Scheme (2) (3) (4)

(1) (Reply) (Go Down)

Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by Youngadvocate(m): 1:40am On Feb 02, 2019
For weeks now, the Vice President, Professor Yemi Osibanjo has intensified efforts in the disbursement of Tradermoni reportedly meant to be (a Non-Repayment Loan) Investment Scheme from the federal government.

Expectedly, and rightly so, the scheme has been widely criticized by Nigerians for many strong reasons. While some quarters largely criticize the scheme for the timing pf the disbursement which is just few weeks to the elections, others likened it to “vote-buying.” Even so, a lot of people say it is just a mere gimmick of the APC-led federal government to re-loot the recovered $322.5 million Abacha loot. Though, the supporters of the scheme are noticeable in their numbers. Most of them, of course, are members of the APC.

No matter how one takes a critical look at the scheme, one will be faced with the incontrovertible fact that the scheme is flawed with some sinister motives, grand irregularities, corrupt tendencies and dark secrecies.

However, there are very disturbing questions every Nigerian, especially the youths need to ask about the scheme.

1. What is actually Tradermoni? The nature and aims of the scheme are concealed (in secrecy). The federal government says it is an
Investment programme. Is it really that?

2. If it is an investment scheme targeted at boosting businesses like the federal government claimed, what impact can N10, 000 have on a
business in Nigeria’s today economy?

3. Why is the Vice President, Prof Yemi Osibanjo the one directly sharing the money? Why wouldn’t the federal government setup a
committee to oversee the disbursement? Or since the scheme is the brainchild of the Bank of Industry under the Government Enterprise
and Empowerment Programme (GEEP), why not leave it to such a professional body to oversea the disbursement?

4. If truly it is an investment scheme, why are some beneficiaries asked to submit the Voter Identification Number (VIN) on their PVCs
before they could access the loan as reported by Saharareporters
(see link here: http://saharareporters.com/2018/08/13/fg-requests-pvcs-traders-access-loan)

5. Why did the Vice President extend the disbursement to church? Note, the vice President was at a Church in Lagos the past Sunday for the
disbursement.

6. Who are the beneficiaries of this money? What is their demography? Are they poor business women only? Men and women?

7. What criteria does the APC-led federal government use to determine the beneficiaries?

8. Why now? Why would the federal government wait until the general elections are just weeks away before they would start the
disbursement?

9. Were these monies duly appropriated or legally approved by the National assembly for expenditure?

10. Why is the scheme masked with secrecy? It is only the Federal government that tells us how much have been disbursed and how many
people have benefited. The media have no such record of theirs.

11. What are the data of the disbursement so far? How can the ordinary Nigerian access these data to ascertain the facts?

12. Why isn’t anyone asking question or raising concerns about this?

Fellow Nigerians, let us ask questions and follow through until genuine, convincing answers are given. God bless Nigeria.

Lalasticlala, Mynd44

2 Likes 1 Share

Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by rusher14: 1:46am On Feb 02, 2019
Once you post a fictitious application form alongside your claim, no matter how much analysis you did, your entire claim becomes discredited.

1 Like

Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by fibiyaks: 3:53am On Feb 02, 2019
Youngadvocate:
For weeks now, the Vice President, Professor Yemi Osibanjo has intensified efforts in the disbursement of Tradermoni reportedly meant to be (a Non-Repayment Loan) Investment Scheme from the federal government.

Expectedly, and rightly so, the scheme has been widely criticized by Nigerians for many strong reasons. While some quarters largely criticize the scheme for the timing pf the disbursement which is just few weeks to the elections, others likened it to “vote-buying.” Even so, a lot of people say it is just a mere gimmick of the APC-led federal government to re-loot the recovered $322.5 million Abacha loot. Though, the supporters of the scheme are noticeable in their numbers. Most of them, of course, are members of the APC.

No matter how one takes a critical look at the scheme, one will be faced with the incontrovertible fact that the scheme is flawed with some sinister motives, grand irregularities, corrupt tendencies and dark secrecies.

However, there are very disturbing questions every Nigerian, especially the youths need to ask about the scheme.

1. What is actually Tradermoni? The nature and aims of the scheme are concealed (in secrecy). The federal government says it is an
Investment programme. Is it really that?

2. If it is an investment scheme targeted at boosting businesses like the federal government claimed, what impact can N10, 000 have on a
business in Nigeria’s today economy?

3. Why is the Vice President, Prof Yemi Osibanjo the one directly sharing the money? Why wouldn’t the federal government setup a
committee to oversee the disbursement? Or since the scheme is the brainchild of the Bank of Industry under the Government Enterprise
and Empowerment Programme (GEEP), why not leave it to such a professional body to oversea the disbursement?

4. If truly it is an investment scheme, why are some beneficiaries asked to submit the Voter Identification Number (VIN) on their PVCs
before they could access the loan as reported by Saharareporters
(see link here: http://saharareporters.com/2018/08/13/fg-requests-pvcs-traders-access-loan)

5. Why did the Vice President extend the disbursement to church? Note, the vice President was at a Church in Lagos the past Sunday for the
disbursement.

6. Who are the beneficiaries of this money? What is their demography? Are they poor business women only? Men and women?

7. What criteria does the APC-led federal government use to determine the beneficiaries?

8. Why now? Why would the federal government wait until the general elections are just weeks away before they would start the
disbursement?

9. Were these monies duly appropriated or legally approved by the National assembly for expenditure?

10. Why is the scheme masked with secrecy? It is only the Federal government that tells us how much have been disbursed and how many
people have benefited. The media have no such record of theirs.

11. What are the data of the disbursement so far? How can the ordinary Nigerian access these data to ascertain the facts?

12. Why isn’t anyone asking question or raising concerns about this?

Fellow Nigerians, let us ask questions and follow through until genuine, convincing answers are given. God bless Nigeria.

Lalasticlala, Mynd44
has there ever be a time in the history of the PDP Government when 5 naira is given to the ordinary man? Lets assume ur claim is correct about vote buying, this is Nigeria, we are Nigerians, we can collect this monies and still vote our choice las las....so biko this questions no carry water. And keep your so called church announcement out of this biko.+the VP is not jobless to share 10k to thousands of Nigerians on a daily basis, yes he lunched the program by giving to some Nigerians Biko don't insult him, Its outrageous.



Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by antagonist: 5:34am On Feb 02, 2019

2 Likes

Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by helinues: 6:13am On Feb 02, 2019
When was the bill initiated?

Were the Reps, Senators drugged while passing the bills?

Are you comparing Npower with Sure-P?
Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by mrvitalis(m): 6:37am On Feb 02, 2019
It's really stupid to ask why they need to submit pvc and bvn.... It's a loan for heaven's sake u dumb mofo

What other means of identification do we have in Nigeria that can be used in place of this?

Drivers license? ,international passports? Or what the ineffective national �?

The people who benefit from this money are the small traders.... Onion sellers, pepper sellers, fruit sellers, grandnut sellers and the rest... And believe me 10,000 make up between 20% to 100% of their capital

And with their kind of business this 10,000 can make u between 1000 to 3500 a day depending on the business

People who know nothing about business be talking rubbish

Enough of all this talk na
Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by focus7: 6:39am On Feb 02, 2019
Op take the easy way out if trade money is your frustrations

Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by Parada: 7:33am On Feb 02, 2019
This is how shamelessly many Igbos lie to deceive the foolish ones among their tribesmen. How many time have the lies about pvc been rebuff enough by unbiased journalist. Anyway the reault of this lie will manifest once the beneficiaries start voting in FeBuhari
Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by Youngadvocate(m): 10:07am On Feb 02, 2019
focus7:
Op take the easy way out if trade money is your frustrations

Oh, really? I am frustrated for throwing up a discourse on a germane National issue? Is it something impossible for you guys to engage on issues logically?

Parada:
This is how shamelessly many Igbos lie to deceive the foolish ones among their tribesmen. How many time have the lies about pvc been rebuff enough by unbiased journalist. Anyway the reault of this lie will manifest once the beneficiaries start voting in FeBuhari

Why is the argument of some of you guys depleted with mental Laziness. Why resorting to denigration and name-calling with substantiating the identity of the person? You can't even engage in a discourse with logic and sound mind. What's wrong with some of you (Youths).

1 Like

Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by Parada: 10:18am On Feb 02, 2019
Of what essence is arguing with a fool ? What is the job of your pathetic father that he can not enlighten you ? I am only on NL to tell how pathetic your reasoning is just like that of your father so both of you can get someone to upgrade your intelligence. It’s not my duty to fix the problem of your pathetic lives.
Youngadvocate:


Oh, really? I am frustrated for throwing up a discourse on a germane National issue? Is it something impossible for you guys to engage on issues logically?



Why is the argument of some of you guys depleted with mental Laziness. Why resorting to denigration and name-calling with substantiating the identity of the person? You can't even engage in a discourse with logic and sound mind. What's wrong with some of you (Youths).
Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by Anambrapikin(m): 10:37am On Feb 02, 2019
Look at how they are laughing at them. Osinbajo has reduced himself to nothing.

Re: Troubling Questions About "Tradermoni" Every Nigerian Should Be Asking by kponkedenge(m): 11:07am On Feb 02, 2019
I did some soul searching today - some introspection - and re-examined my attitude towards friends and family who continue to support Buhari. I even took a stroll for peace and quiet and ended up in my backyard with a shovel.... And that my friends is where I buried my last Bleep.

(1) (Reply)

Church Leaders Openly Campaigning For Atiku(Videos) / / PDP, Ayodele Fayose as 2023 Presidential candidate

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.