#TraderMoni Brouhaha: Ben Bruce, Oby Ezekwesili, Reno Omokri blast FG

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There have been lots of outcry on social media about #TraderMoni, a scheme launched by the president Muhammadu Buhari administration. There were allegations that the government was using the N10,000 interest-free loans to induce voters after the scheme was in launched in Osun State lastweek.

According to the federal government, TraderMoni has been conceived since May 2016, a part of the 2-year-old Government Enterprise and Empowerment Programme (GEEP) scheme of the Federal Government. GEEP, a social intervention programme being executed by the Bank of Industry, is said to have been providing interest-free loans to petty traders and artisans across Nigeria since May 17, 2016.

Critics have said it would have been better for an administration that prides itself of being anti-corruption to wait until after the governorship election in Osun, to launch the scheme. See what some prominent Nigerians said about the scheme being launched in Osun.

Ben Bruce

Oby Ezekwesili

https://twitter.com/obyezeks/status/1037955720447242242

Reno Omokri

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