Connect with us


Osinbajo in Anambra: Inspects 2nd Niger Bridge project, visits market for TraderMoni



Vice President, Prof Yemi Osinbajo on Friday visited Anambra State to assess the progress recorded in the TraderMoni and the MarketMoni scheme in the state.

While speaking at the palace of the Traditional Ruler of Onitsha, Igwe Alfred Achebe, Osinbajo stated that over 20,000 traders have so far benefited from the TraderMoni and MarketMoni scheme in the state.

He also reassured the people of the Federal government determination to complete the Second Niger Bridge and other ongoing projects in South East geopolitical zone.

While describing the second Niger bridge project as a priority to President Muhammadu Buhari, Osinbajo reaffirmed the Federal Government’s commitment to ensuring that the country remained united, where nobody would be oppressed.

He said, “We are all brothers regardless of religion, ethnicity or political affiliation.

“We want to make sure that even in terms of execution of projects, we are fair and just, which is the commitment that the president has made.

READ ALSO: INSECURITY: FG delegation meets leaders of Miyetti Allah

“The President is committed to ensuring that he brings this to fulfillment.”

“We want to make sure that we complete it because of its economic benefit to the zone and the entire country.

“The Second Niger Bridge is among the five projects where money has actually been set aside under a Presidential funding initiative to ensure completion.

“So, we have no fears that it will be completed as promised and scheduled,” he added.

The VP also visited Eke Awka and Ochanja markets to monitor and meet petty traders to ensure that the money for social investment scheme gets to the actual persons meant for the programme.

He noted that the scheme had practically gone round the country, with some receiving the MarketMoni, adding that it was a Federal Government project where micro credits were provided to the lowest in the rank of the trading value chain.

According to him: “Many of them are not given such facility or loan because nobody is sure that they will pay back or not.

“Only the Government can guarantee that kind of facility and it is the Bank of Industry (BOI) that actually administers the loan.”

He also expressed satisfaction with the implementation of the Federal Government’s Home-Grown-School-Feeding programme in the state.

“As a matter of fact, we visited a lady in Awka, one of the cooks, who happened to be the best cook of the programme in the community,” he added.

Anambra State, Governor Willie Obiano, speaking during the visit, hailed the Federal Government’s TraderMoni and MarketMoni initiatives.

He said the scheme would encourage the culture of repayment of loans and ensure the prosperity of traders.

Obiano also commended the Federal Government’s zeal towards the ongoing Second Niger Bridge and the completed Zik Mausoleum.

Join the conversation


Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now