Tetehjewels:


You indeed sound so stupid. How many petty traders do you think can afford to even own shops.

Many just put a table in place just to display their wares. Which shop?

Which shop does the boli roaster have?
Which shop does the groundnut seller have?
Which shop does the corn roaster have?
Which shop does the pour water hawker have?
Which shop does tomato and pepper seller have?
Which shop does the onion seller have?
Which shop does the table top fish seller have?
Which shop does the crayfish seller have?

All these businesses I listed above you can start with 10k.

However this loan is not given to new petty traders about to start but to existing petty traders who are already part of a cooperative in their respective markets.

If you don't know how to grow 10k into 200k come and I will show you how to grow 5k to 100k

Can you even listen to yourself? How can you give someone 10k and be shouting you took the person out of poverty? Let me even come down to your analysis. As small as these petty traders are, do you know how much they pay to Local Government everyday just to display or sell? With the state of the economy now, what is the worth of 10k?

Don't try to justify incompetence or failure. If the government wants to improve the lives of its citizens, they know what to do. NGOs gives out millions of Naira with non or low interest loans or grants to individuals with business ideas.

# THE STUPIDEST THINGS I'VE HEARD THIS YEAR!

TeraHawks:


Oh so the country has too much money its now to be dashing out 10k? use the N20b to establish a company producing goods for export. That way we earn foreign exchange, diversify the economy and create jobs. Replicate same in each geopolitical zone. This Govt is totally bereft of ideas and policies to get the economy they destroyed back on track.

Your beloved PDP and Atiku had 16years to try that why don't they.
... and seriously you've missed the point totally....
... That tradermoni is a really good innovation.

God is so merciful sha

RTSC:

It is vote buying.

A complete waste of niger delta oil wealth that could have been channeled into more productive, all encompassing ventures.
That is our grouse.

Osibanjo should use his salary and tinubu's loot for his vote buying and we would stop talking.

He is wasting the common wealth of the Niger delta on nonsense.

Vote buying approved by the National assembly in which there are PDP senators and the senate President is in PDP.

Or didn't you know this was included in our budget?

Mumu wailers

In fact this is so good that the world bank has supported this government with $100m to do more in this tradermoni drive

RTSC:

Who is more Nigerian than igbo?

Is there any better symbol of Nigeria than the igbo?

An igbo man even created Nigeria.

Chest beater, you are just less than 5% stake in Nigeria entity. Go and ask elders at home, apparently, you know nothing ...How is it easier for a landlord to say he wants to vacate his house for a tenant ..

May all those supporting 10k to traders, may your lives turn to 10k status so that you will enjoy the same legacy this useless govt laid for themselves. Trademoni with PVC numbers ? Haba!!! Where were they over three and half years back ? Why is that election is around the corner May God punish those that are supporting this useless govt in all ramifications.

gurunlocker:


10k = $30........ These people are just doing like they are helping. They actually know what they are after. Let me ask you, how much profit will they see from the 10k before they return it?

You are still missing the point... some people just need 3000 to start a business. Even some are begging for 500 to start selling satchet water. Seriously stop looking down your nose on others.

sirfemoz:


Can you even listen to yourself? How can you give someone 10k and be shouting you took the person out of poverty? Let me even come down to your analysis. As small as these petty traders are, do you know how much they pay to Local Government everyday just to display or sell? With the state of the economy now, what is the worth of 10k?

Don't try to justify incompetence or failure. If the government wants to improve the lives of its citizens, they know what to do. NGOs gives out millions of Naira with non or low interest loans or grants to individuals with business ideas.

10k isn't an immediate poverty alleviator. Its a process.

The 10k when relayed entitles them to as high as 50k loan.

Its an incremental loan with a paypack period of 6 months.

What they pay to the local government is daily and their business is also daily thus they do not feel the pinch of those payments to the local government.

This 10k is a lot of money to petty traders. The key word here is PETTY.

Nigerian Bureau of Statistics says we have lost 20m jobs under Buhari.

So after a man's incompetence has led to the loss of your job he gives you 10k and you will praise him?

Are you a slave or a freeborn?

tesppidd:
A lot of extremely stupiid people who keep looking at this country from their own high grounds.

Anybody who's able to make a comment here is not among the class of Nigerians that the VP is talking about.

There are tens of millions of Nigerians who have never gathered #10,000 in their entire lives.

These Nigerians do not have no smart phones,
They do not buy fuel for cars and generators,
They do not hang out drinking beer every weekend,
They do not have homes made of cement but wood,
They do not have electric coolers in fancy kitchens but cool with firewood.
They do not send their kids to school unless the government builds government schools around them.

Give these people 10k someday and see them worship you for life! Just try.
Give them 10k to put into their tomato business or their grinding business and see them pray for you.

And trust me there are over 50 million of such people in Nigeria.

franchasng:
God is so merciful sha

Yes he is o because he should have wiped out PDP for abandoning the poor and these petty traders for the 20 years of their existence

This government is super corrupt. Let quickly interpret what osibanjo is saying

2millon people = N20billion

1millionp =N10b
500k people =N5billion
100,000 people = N1billion.

So , osibanjo is saying his government has spent 1billion naira on 100,000 traders. This is fraud. Super fraud.

gurunlocker:


Good for you madam jewelry.


One thing about a faceless forum is, you don't know who is at the other side. So your 5k, 100k, 200k can GTH!

The sweetest part? Anyone can form anything online!

My moniker depicts me. And I am a man by the way.

Make thunder fire the initiator, and make heaven judge the executors of toilet mony. How much is transportation to bring ugwu leaf to market? How much are the senators one bottle of brandy. God in heaven, you have many case to judge.

tesppidd:
A lot of extremely stupiid people who keep looking at this country from their own high grounds.

Anybody who's able to make a comment here is not among the class of Nigerians that the VP is talking about.

There are tens of millions of Nigerians who have never gathered #10,000 in their entire lives.

These Nigerians do not have no smart phones,
They do not buy fuel for cars and generators,
They do not hang out drinking beer every weekend,
They do not have homes made of cement but wood,
They do not have electric coolers in fancy kitchens but cool with firewood.
They do not send their kids to school unless the government builds government schools around them.

Give these people 10k someday and see them worship you for life! Just try.
Give them 10k to put into their tomato business or their grinding business and see them pray for you.

And trust me there are over 50 million of such people in Nigeria.

Baba, you are the extremely daft fool here. A compound dimwit at that. Let me burst ur bubble with dis questions
1. Where are the extremely poor you mentioned found in the society, is it not in the remotest part of the country and where do Osinbajo normally distribute the cash?
He does his vote buying business mostly in market places in the name of trade moni.
As a professor dat he is, he should have sent out investigative team across the country to collect data of the remotely poor and thereafter carryout the project maturely and not distributing money in market places in the name of empowerment.

The stipends they are giving you guys in the name of BMC has beclouded ur sense of reasoning.

Earthbound:
Let's be rational, there are tens of millions of Nigerians whom that 10k would go a long, long way for. I'm not taking sides with the present administration but I believe this is a move in the right direction regardless of the motives behind it.

10k go a long long way

Bros I'm not understanding you oooh. No how you think you can manage money, 10k can't last for more than 2weeks in this present Nigeria.

Nigerians slam this. Nigerians slam that. The only "Nigerians" slamming are our bitter, chest -beating ipob brothers. They'll slam online but lose in real time. Who's fooling who? Kmt.

skytouch2:
This government is super corrupt. Let quickly interpret what osibanjo is saying

2millon people = N20billion

1millionp =N10b
500k people =N5billion
100,000 people = N1billion.

So , osibanjo is saying his government has spent 1billion naira on 100,000 traders. This is fraud. Super fraud.

10,000 x 2,000,000 is what?

Olodo mathematician

Tetehjewels:


10k isn't an immediate poverty alleviator. Its a process.

The 10k when relayed entitles them to as high as 50k loan.

Its an incremental loan with a paypack period of 6 months.

What they pay to the local government is daily and their business is also daily thus they do not feel the pinch of those payments to the local government.

This 10k is a lot of money to petty traders. The key word here is PETTY.

10k is too small, and shouldn't be seen as lifting people out of poverty. Imagine the journey of transforming 10k to 100k by a petty trader will take more than a year. Or may not even be possible at all. Before he comes to national television and talks about it, he should give us the testimony of how 10k changed someone's life from petty trader to big business since this program started like 2years ago.

Like I said, if government wants to change the life's of its citizens, the know what to do. Let us all stop celebrating mediocrity.

AlPeter:
So in your very intelligent mind Nigerians were living in affluence before Buhari took Nigeria into recession? Your submissions would only tend to push some into supporting the current administration.
it's just way below the level of proper reason to fly.

Be fooling Urself or living in self denial... That Nigeria is better now buhari is in power than wen Jonathan...

There is a saying... U can be deceiving people sometimes... But u can't lie to Urself or deceive Urself... Wait until u buy fuel for 250naira per litre wen buhari wins

Lastanza:

Baba, you are the extremely daft fool here. A compound dimwit at that. Let me burst ur bubble with dis questions
1. Where are the extremely poor you mentioned found in the society, is it not in the remotest part of the country and where do Osinbajo normally distribute the cash?
He does his vote buying business mostly in market places in the name of trade moni.
As a professor dat he is, he should have sent out investigative team across the country to collect data of the remotely poor and thereafter carryout the project maturely and not distributing money in market places in the name of empowerment.

The stipends they are giving you guys in the name of BMC has beclouded ur sense of reasoning.

Stop calling others names when the real dimwit is you.

There is a social welfare package for the extremely poor in Nigeria which the data has been gotten and disbursement has been doing on for about a year now.

That is different from this tradermoni meant for the petty traders.

And before you say I am a paid buhari guy, first make sure you go for a psychiatric assessment because that claim would be ridiculously stupid and wrong

samisj4real:
10k go a long long way

Bros I'm not understanding you oooh. No how you think you can manage money, 10k can't last for more than 2weeks in this present Nigeria.

To feed or to trade?

Did you read the OP at all?

Is your head in a gutter somewhere?

tesppidd:
A lot of extremely stupiid people who keep looking at this country from their own high grounds.

Anybody who's able to make a comment here is not among the class of Nigerians that the VP is talking about.

There are tens of millions of Nigerians who have never gathered #10,000 in their entire lives.

These Nigerians do not have no smart phones,
They do not buy fuel for cars and generators,
They do not hang out drinking beer every weekend,
They do not have homes made of cement but wood,
They do not have electric coolers in fancy kitchens but cool with firewood.
They do not send their kids to school unless the government builds government schools around them.

Give these people 10k someday and see them worship you for life! Just try.
Give them 10k to put into their tomato business or their grinding business and see them pray for you.

And trust me there are over 50 million of such people in Nigeria.

You have to be the SI unit for measuring stupidity. The name of the scheme is Tradermoni and not 'the poor people's' money. Now 10k can never lift any trader out of poverty. That is just a poorly thought out scheme by a government filled with deadbrain morons.

sirfemoz:


10k is too small, and shouldn't be seen as lifting people out of poverty. Imagine the journey of transforming 10k to 100k by a petty trader will take more than a year. Or may not even be possible at all. Before he comes to national television and talks about it, he should give us the testimony of how 10k changed someone's life from petty trader to big business since this program started like 2years ago.

Like I said, if government wants to change the life's of its citizens, the know what to do. Let us all stop celebrating mediocrity.

10k is a lot and can become 100k in 5 to 6 months. Its simple really

Said bab & Oshinbajo 2019!!

Earthbound:
Let's be rational, there are tens of millions of Nigerians whom that 10k would go a long, long way for. I'm not taking sides with the present administration but I believe this is a move in the right direction regardless of the motives behind it.

did he share the money with city petty traders or village petty traders?if you know what is 20billion you won't support this evil jihadist government

Sai baba & Oshinbajo carry go!!�

African Politics.

Create Poverty then share stipends to look like a saviour.

slimghost:


You have to be the SI unit for measuring stupidity. The name of the scheme is Tradermoni and not 'the poor people's' money. Now 10k can never lift any trader out of poverty. That is just a poorly thought out scheme by a government filled with deadbrain morons.

How stupid are you for real? In tonnes or megatons?

The loan is not just 10k.

10k is the starting point.

When the 10k is paid back within 6 months a higher loan is given of up to 50k for petty traders.

You would be daft if you actually assumed the loan is just 10k and that is it.

Please go and play with sand if you still reason like a child

Afonja007:
did he share the money with city petty traders or village petty traders?if you know what is 20billion you won't support this evil jihadist government

Where do your so called city petty traders source their petty trade goods from? From the city?

Mumu dey your head

I can authoritatively tell you that less than 5% of those extremely poor people you are talking about benefited from this scheme.


Where those people live is not where anyone talk less of a VP will want to voluntarily go.


Show me a picture of tradermoni being shared in the deep ghetto and I will vote for his candidate.

tesppidd:
A lot of extremely stupiid people who keep looking at this country from their own high grounds.

Anybody who's able to make a comment here is not among the class of Nigerians that the VP is talking about.

There are tens of millions of Nigerians who have never gathered #10,000 in their entire lives.

These Nigerians do not have no smart phones,
They do not buy fuel for cars and generators,
They do not hang out drinking beer every weekend,
They do not have homes made of cement but wood,
They do not have electric coolers in fancy kitchens but cool with firewood.
They do not send their kids to school unless the government builds government schools around them.

Give these people 10k someday and see them worship you for life! Just try.
Give them 10k to put into their tomato business or their grinding business and see them pray for you.

And trust me there are over 50 million of such people in Nigeria.