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    Tuesday, 7 May 2019

    2019 PRESIDENTIAL ELECTION: Buhari Group Speaks On APC Using TraderMoni To Buy Votes, Attacks Atiku

    Photo - Dailypost

    THE Buhari Media Organisation, BMO, has rubbished claims by Atiku Abubakar, 2019 Peoples Democratic Party, PDP, presidential candidate that President Muhammadu Buhari used TraderMoni scheme to buy votes during the just concluded election.


    Abubakar, in a petition before the Presidential Election Petition Tribunal, had alleged that Buhari and the All Progressives Congress, APC, used TraderMoni to buy votes during the elections, adding that the scheme had no constitutional backing.

    However, BMO said contrary to speculations, the TraderMoni scheme enjoys constitutional backing as one of the programmes of the federal government aimed at intervening in the lives of indigent Nigerian traders.


    In a statement signed by its Chairman, Niyi Akinsiju, and Secretary, Cassidy Madueke, on Monday, BMO said Abubakar may be scornful of poor people, which explains why he seemed inattentive to the fact that the programme was aimed at providing collateral and interest-free loans to small scale traders.

    Stating that TraderMoni comprised of soft loans to small scale traders, BMO said: “the traders are expected to pay back the loan.”

    The statement reads: “After repaying this N10,000, they are now entitled to N15,000, which when they repay, makes them eligible to N20,000, then N30,000, up to N100,000.


    “Government had over time concentrated its efforts and policies on the welfare of the elites, the minority who are already well to do while neglecting the majority, poor Nigerians, by not creating policies that empower them directly and indirectly.”


    The group said that the President Buhari-led administration believes that the welfare of the poor is as important as that of the elite and thus they must be catered for as well.

    It noted that with the facilities, low-income traders are able to access more funds to boost their capital and gradually expand their businesses.



    The group insisted that the scheme received legislative backing in the “budget as it was under the Social Investment Programmes, which had its budget presented and defended under that of the Ministry of Budget and National Planning.

    “TraderMoni is a part and parcel of the Buhari’s administration’s Social Investment Programmes, which has followed proper budgetary procedure in its implementation.

    “The Programmes were approved by the Saraki and Dogara-led National Assembly, which hailed it as the largest form of social investment on the continent.



    “It is thus a figment of Atiku’s imagination that the programme has no legal backing. But we are not surprised, Atiku is a master of badly scripted tales that have no place in reality.”


    BMO recalled that the Vice President, Professor Yemi Osinbajo was recently in Anambra and Ebonyi States to monitor and assess progress of the TraderMoni Scheme in the two states.

    “Is there any election coming soon, that the Vice President is going to purchase votes for? None! Atiku’s suggestion that the programmes are vote-buying schemes is not just baseless and unreasonable, they are cheap lies,” the group added. (Dailypost)



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