The Federal government plans to distribute 10billion naira as TraderMoni loans to petty traders and artisans in the 2020 fiscal year.

This will be done through the bank of industry (BOI) by providing interest free and collateral free loan to petty traders and artisans. The beneficiaries will have access to loan ranging from #10,000 to #100,000 per beneficiaries.
This will be part of the social intervention programs under the Buhari led administration.

An individual according to the TraderMoni guidelines after electronic registration has access to the first loan which is 10,000 naira. Upon repayment of the first loan, the beneficiary will be qualified for higher amounts from 15,000 upwards as they continue to repay.

The first loan can be accessed without BVN or Bank account, but these will be required for the next loan.
The federal government said it will annually increase the number of beneficiaries by 5million each year.

So if you want to benefit from TraderMoni, make sure you register with the verifiable operators in the markets. Pass on the info to a petty trader near you!


https://www.vanguardngr.com/2019/12/fg-to-distribute-n10bn-trader-moni-loan-in-2020/

So the Bank Of Industry(BOI) will now be used for distributing the fraud called tradermoni in 2020 yet a whole SAN VP was reduced to a LGA chair going about markets distributing the paltry 10k in 2019?

The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.

Racoon:
So the Bank Of Industry(BOI) yet a whole SAN VP was reduced to a LGA chair going about markets distributing a paltry 10k? The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.

It is amazing the low level of comprehension you display regularly on these streets. If you do not understand how the programme works, try and read up or just walk away. Must you display such crass ignorance every time?

The Bank Of Industry has always the main disbursing bank for TraderMoni when the programme was directly under the Office of the VP, I doubt if you ever cared to read anything in the past though.

I would surely tell the petty trader that lives next door to me, who's still expecting to partake of the scheme as she says that some of her colleagues have even begun to process their upgrade to 15k

Arubajagz:
It is amazing the low level of comprehension you display regularly on these streets. If you do not understand how the programme works, try and read up or just walk away. Must you display such crass ignorance every time?

The Bank Of Industry has always the main disbursing bank for TraderMoni when the programme was directly under the Office of the VP, I doubt if you ever cared to read anything in the past though.

The worry is why will the government used a serving VP standing for election then with a sitting president for a social intervention program(if they are truly sincere) for such a fraud if the BOI is there to quietly do so as it's now without any personal or political party sentiments? No insults pls.

Racoon:
So the Bank Of Industry(BOI) will now now be used for distributing the fraud called tradermoni in 2020 yet a whole SAN VP was reduced to a LGA chair going about markets distributing the paltry 10k in 2019?

The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.

For your info the bank of industry had always been in charge of the disbursement right from the onset. If you don't have enough info about the program it will do you a lot of favour to ask rather than displaying your ignorance on a platform as big as Nairaland

maybanks:

For your info the bank of industry had always been in charge of the disbursement right from the onset. If you don't have enough info about the program it will do you a lot of favour to ask rather than displaying your ignorance on a platform as big as Nairaland

False! The BOI may truly be there then, but it's public knowledge that raw cash were being issued to the alleged beneficiaries during the run up to the election which many political parties, local and foreign democratic bodies termed it the vote buying scheme that it rightly was.

When the programme was directly to the office of the VP it was so smoothly nothing like issues, TraderMoni is a great did to the petty traders

When the programme was directly to the office of the VP it was so smoothly nothing like issues, TraderMoni is a great did to the petty traders

When the orogramme was directly to the office of the VP it was so smoothly nothing like issues, TraderMoni is a great did to the petty traders

Thanks to Buhari/Osinbajo administration for impacting lifes positively expecially on the trader Moni,NSIP and so on,with this 10billion now the masses will be enjoying again

The trader moni is still very much active, i even have some beneficiaries in my area just that it popularity reduced because there is no much noise from the wailers because no election is coming to tag the scheme vote buying

Good one! TraderMoni has been saving life of Petty Traders and Artisans since a long time ago. The scheme will go a long way with the news FG plan, may Almighty help them to achieve that

Racoon:
[s][/s]So the Bank Of Industry(BOI) will now now be used for distributing the fraud called tradermoni in 2020 yet a whole SAN VP was reduced to a LGA chair going about markets distributing the paltry 10k in 2019?

The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.[s][/s]

Trash

Racoon:
[s][/s]So the Bank Of Industry(BOI) will now now be used for distributing the fraud called tradermoni in 2020 yet a whole SAN VP was reduced to a LGA chair going about markets distributing the paltry 10k in 2019?

The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.[s][/s]

I read through your comments and I discovered that it's senseless and full of irrelevant so I need to cancelled it so that you can rethink

We should be thankful to the Buhari and Osinbajo administration for making it possible to the petty traders it a great masses indeed that we are enjoying on this programme

You lie. BOI has always been in charge right from the start of the program

Racoon:
False! The BOI may truly be there then, but it's public knowledge that raw cash were being issued to the alleged beneficiaries during the run up to the election.

Racoon:
So the Bank Of Industry(BOI) will now now be used for distributing the fraud called tradermoni in 2020 yet a whole SAN VP was reduced to a LGA chair going about markets distributing the paltry 10k in 2019?

The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.

I need not meet you in person to know how you reason. deduction you obviously have never pioneered anything good or new.

okefrancis:

I read through your comments and I discovered that it's senseless and full of irrelevant so I need to cancelled it so that you can rethink

Sorry bro.Anything that rocks your boat.

Zeesugar:

I need not meet you in person to know who you are and you reason. deduction you obviously has never pioneered anything good or new.

You have done so already or are you discussing with a ghost? We all are not zombies

Racoon:

The worry is why will the government used a serving VP standing for election then with a sitting president for a social intervention program(if they are truly sincere) for such a fraud if the BOI is there to quietly do so as it's now without any personal or political party sentiments? No insults pls.

. Use you say?

The ideology that trader moni is/was vote buying was the concoction of the opposition. The VP clearly went to check on the progress the program was making as it was one of the promises of lifting Nigerians out of poverty and the scheme was a tool for such .

TraderMoni isn't fraud and no one used anyone. Mind what you say

Racoon:
So the Bank Of Industry(BOI) will now now be used for distributing the fraud called tradermoni in 2020 yet a whole SAN VP was reduced to a LGA chair going about markets distributing the paltry 10k in 2019?

The cabal simply used VP Osinbajo physical prescence for vote buying with even a near-fatal chopper crash & thereafter started scheming to ouster him.

kcub:
Use you say?
The ideology that trader moni is/was vote buying was the concoction of the opposition.The VP clearly went to check on the progress the program was making as it was one of the promises of lifting Nigerians out of poverty and the scheme was a tool for such.

A scheme the cabal have removed from him and handed over to the new ministry? Lifting which Nigerians from poverty? What will 10k do for you in today's Nigeria? Yet the same government VP Osinbajo is part of is telling us they want to lift 100M Nigerians out of abject poverty in 10year time when they have increased the number to 94M as @ now?

https://www.google.com/amp/s/punchng.com/over-15m-nigerians-searching-for-job-fg-confesses/amp/

https://www.premiumtimesng.com/news/more-news/356391-94-million-nigerians-live-below-poverty-line-oxfam.html

Racoon:
False! The BOI may truly be there then, but it's public knowledge that raw cash were being issued to the alleged beneficiaries during the run up to the election which many political parties, local and foreign democratic bodies termed it the vote buying scheme that it rightly was.

obviously you need more schooling on the process of registering and FYI monies never changed hands . it was sent to beneficiaries account

Zeesugar:

I need not meet you in person to know how you reason. deduction you obviously have never pioneered anything good or new.

hahahaha , how you take know ...

kcub:
obviously you need more schooling on the process of registering and FYI monies never changed hands It was sent to beneficiaries account

Chai! Guess you were not in Nigeria during the peak of the famed tradermoni era? Raw cash was given by VP Osinbajo my friend.The picture up there also attested to it.

Racoon:
You have do so already or are you discussing with a ghost? We all are not zombies

You have DO so already

Issokay. When they said you have low battery sense, I was still doubting...

Arubajagz:
You have DO so already Issokay. When they said you have low battery sense, I was still doubting...

Sorry sir.

Racoon:

Lifting which Nigerians from poverty? What will 10k do for you in today's Nigeria? Yet the same government VP Osinbajo is part of is telling us they want to lift 100M Nigerians out of abject poverty in 10year time when they have increased the number to 94M as @ now?

https://www.google.com/amp/s/punchng.com/over-15m-nigerians-searching-for-job-fg-confesses/amp/

https://www.premiumtimesng.com/news/more-news/356391-94-million-nigerians-live-below-poverty-line-oxfam.html

Have you ever given help of 10k to anybody in your whole miserable existence?

Arubajagz:
Have you ever given help of 10k to anybody in your whole miserable existence?

Yes I have but 10k will never do much.How much do you fuel your generator if you have one? No insults pls.

Racoon:
False! The BOI may truly be there then, but it's public knowledge that raw cash were being issued to the alleged beneficiaries during the run up to the election which many political parties, local and foreign democratic bodies termed it the vote buying scheme that it rightly was.

Okay, so you now agree that the BOI was responsible for paying the money out to the traders. There was never raw cash being distributed and it was never vote buying, the program was nothing compared to other programs by past administrations. Seeing the impact of the program, you guys believed it to be vote buying. And, the program continued after election, didn't it?

Racoon:

Lifting which Nigerians from poverty? What will 10k do for you in today's Nigeria? Yet the same government VP Osinbajo is part of is telling us they want to lift 100M Nigerians out of abject poverty in 10year time when they have increased the number to 94M as @ now?

https://www.google.com/amp/s/punchng.com/over-15m-nigerians-searching-for-job-fg-confesses/amp/

https://www.premiumtimesng.com/news/more-news/356391-94-million-nigerians-live-below-poverty-line-oxfam.html

How much do you earn daily ?

There is poverty and extremely poverty , I guess you know not what it feels like to be poor and then the govt comes out with this scheme and you ask what 10k would do?

10k WOULD DO ALOT FOR A PERSON/FAMILY living in poverty .
how much is bag of pure water
How much is a carton of gala etc,
Yet you see people hawking this on our road,why? To make ends meet .

Are these up to 10k ? No !!!

Dude/babe @racoon 10k has helped alot so come off it