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TraderMoni unites Delta APC factions as Osinbajo denies political undertone


Vice President, Prof. Yemi Osinbajo (right); Delta State All Progressives Congress governorship candidate, Chief Great Ogboru during the launch of TraderMoni at Warri recently

What money has joined together, let not politics put asunder. That was the unspoken charge to warring members of Delta State chapter of All Progressives Congress (APC) when the Vice President, Prof. Yemi Osinbajo, recently launched the wave-making safety net programme called TraderMoni in the state.

The protagonists were caught engaging in warm embrace and camaraderie and put their differences aside as the two factions received the vice president with the message of social intervention programme for traders and market women in the three Senatorial Districts, including Asaba, Warri and Ughelli. If the air of amity displayed across the Senatorial zones is anything to go by, chances are that the state chapter of APC might have found a positive attitude that could unite them in the days ahead, particularly towards electoral conquest.
The Guardian gathered that TraderMoni is actually the reenactment of a scheme that was once a local economic concept, which President Muhamadu Buhari initiated during his stint as military governor in the northern states to assist local traders expand their businesses.The scheme has been repackaged and transformed to a national policy of the Buhari administration in conjunction with the National Assembly in such a way that the non-collateral nature of the scheme now has an inbuilt incremental value. Beneficiaries are encouraged to take advantage of the incremental value through redemption of the current facility.

As a mark of its acceptability, the Delta launch witnessed an unprecedented enthusiasm in the state as surging crowds thronged designated markets. While the sea of human heads milled, traffic and mobility were shut down for upwards of two hours.While commenting on the allegation that the scheme is tailored to serve political purposes as the election year draws nearer, Vice President Osinbajo, who fielded questions from journalists at Asaba airport, on his way back to Abuja, insisted that “TraderMoni is a social intervention programme by the Federal Government.”
He denied that it was intended to leverage or lure voters for the ruling APC in the 2019 general election as erroneously insinuated by the opposition party and expressed worry that some persons believe TraderMoni and market money empowerment programmes of the Federal Government were a ploy to canvass for votes.With noticeable pain on his face, Osinbajo asserted: “The funds for the empowerment programmes were duly approved by the National Assembly, which was strictly meant to assist market men and women to enhance their businesses without any ulterior motives. The scheme was duly approved by the National Assembly if they don’t like the empowerment programmes because they are now on the other side then it calls for concern.” 
He disclosed that the Federal Government is in the process of expanding the scope of the TraderMoni, adding that it was partly for that reason that he visited Ogbogonogo market in Asaba to interact with the beneficiaries, market men and women. Osinbajo, who had earlier arrived Asaba airport in the company of Minister of State for Petroleum, Dr. Ibe Kachikwu, APC governorship hopeful in the state, Chief Great Ogboru, former governor of Delta State and APC Senatorial candidate for Delta South, Dr. Emmanuel Uduaghan and Senator Ovie Omo Agege.
Some notable Deltans have been commending the Federal Government for extending the poverty reduction scheme to the state, pointing out that it is a veritable way for the people to get a lift from the government. Isioma Ndah praised the Buhari administration for the initiative as well as the flag off in Delta. Ndah, who is APC candidate for Oshimili South state constituency seat of Delta State House of Assembly, said the successful flag off of TraderMoni in Asaba would boost Delta economy and alleviate mass poverty.
While advising the beneficiaries to follow the laid down guidelines of the programme, Ndah expressed optimism that it would increase their business fortunes, even as he noted that programmes such as TraderMoni should be encouraged and given adequate support by leaders and stakeholders of society. She extolled Prof. Osinbajo for the patience and humility he displayed during the flag off ceremony in Ogbogono market.One of the beneficiaries, Madam Uduefi Eziashi, said she was excited by the TraderMoni support, saying that her business would bring more profit with the expansion of her capital base.

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