President Muhammadu Buhari warned Vice President Yemi Osinbajo to be cautious in implementing TraderMoni, one of his administration’s social intervention programs (SIP).
Under the program implemented by the vice-president’s office, beneficiaries receive funds ranging from N10,000 to N50,000 for MarketMoni from Bank of Industry, the bank that implements the program funds.
Last week Prof. Osinbajo unveiled the second phase of TraderMoni and MarketMoni in Awka and Onitsha, Anambra State, saying the government was targeting 2,000 additional beneficiaries.
President Buhari who hosted Osinbajo, members of the Federal Executive Council (FEC), security chiefs and chief executives of Federal Government agencies to a breaking of fast at the Presidential Villa on Monday, warned the vice president to be careful with the way he moves from one market to the other.
“This TraderMoni I warned the vice president, I don’t like him to be mobbed, especially the way I see hefty women coming and confronting him, he should be very careful.
“These are very good initiatives. Initially, I was quite reluctant but I must admit that they are very good programmes and they endear this government to a lot of poor people because of these N5,000 or N10,000 being given to them as loans.
“They are fantastic programmes and I have to admit quite honestly that the vice president was ahead of me by insisting on them.
“But he knows me, if he insists, I will say ‘okay go and do what you like.’ He did it and I’m very pleased as he is being very successful,” he said.
President Buhari also frowned at the inability of the Nigerian elites to address the welfare and educational needs of the less-privileged in the country.
“When I drive around the country, what upsets me very much is the status of our poor people in this country. You see young people, the so-called Almajiris with torn dresses, with plastic bowl. They are looking basically for what to eat.
“The question of education (to them) is a luxury. I think Nigerian elite…we are all failing because I think we should have a programme that will, at least, guarantee some basic education for our people no matter how poor they are.
“So, I welcome the vice president initiation of the school feeding programme. If you check in your localities the enrolment into schools improved because a lot of children can get at least one good meal a day. This is the position of this country.
“But, culturally some of us are quite merciless, we don’t care about what happens to others. We just keep on moving forward,” he said.
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