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TraderMoni: Hoodlums Disrupt Scheme In Ilorin

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Hoodlums invaded the Mandate Market in Ilorin, Kwara State, on Thursday, scaring away petty traders and TraderMoni agents and disrupting the disbursement of money to beneficiaries of the scheme.

As early as 9 a.m., the hoodlums, some of them wearing ‘PDP Atikulated T-shirts’, stormed the Mandate Market, insisting that the TraderMoni scheme could not be conducted, because Senate President Bukola Saraki’s father donated the land to the state government to build the market.

It was not clear whether they were sent by anyone or whether they were mere party zealots, working on their own.

According to witnesses, including Bank of Industry (BOI) officials who were at the market to supervise the enumeration and disbursement of the N10, 000 collateral free loans, the arrival of the mob at Mandate Market caused some uproar.

The thugs also intimidated the petty traders who had lined up to participate in the programme.

Many of the traders were palpably annoyed and refused to leave the market.

Calm was restored with the intervention of the police.

At the Ipata Market, where enumeration and disbursement of the TraderMoni loans were also going on, market leaders reportedly rebuffed pressure from some officials of the state, urging them to shun the enumerators. The programme went on without incident.

Officials of the Bank of Industry told journalists that enumeration had been going on in the two markets in Kwara State in the last few days, without incident until Thursday.

READ ALSO: APC Crisis: APC Moves To Punish Amosun, Okorocha, 2 Other Governors

The vice president, Yemi Osinbajo, is expected in the markets on Friday December 7.

TraderMoni, which is part of the federal government’s Social Investment Programme (N-SIP) under GEEP, is designed to assist petty traders across the country expand their trade through the provision of collateral and interest-free loans from N10,000.

The loans are repayable over a period of six months at which point the traders on repayment will receive a fresh N15, 000 loan, which rises to N20, 000 when repaid.

The microcredit scheme, which has since been formally launched nationwide, is expected to reach two million petty traders by the end of the year.

(NAN)

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BREAKING: Traditional Ruler, Oluwo Divorces Jamaican Wife

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The Oluwo of Iwoland, Oba Abdulrasheed Adewale Akanbi, has divorced his wife, Chanel Chin, saying “she is now an ex-Queen of Iwoland.

Though the reason for the separation between the traditional ruler and his ex-wife, a Jamaican who had a boy named Oduduwa for him could not be ascertained, a statement signed by the monarch’s Chief Press Secretary (CPS), Mr Alli Ibraheem confirmed the development.

According to the statement: “This is to inform the general public, most especially friends and associates of the Oluwo of Iwoland, His Imperial Majesty, Oba (Dr) Abdulrosheed Adewale Akanbi, Telu I, that Ms Chanel Chin is an ex-queen of his majesty.

This information is necessary for the attention of the general public to avoid representation on proxy or accordance of respect attached to the sacred stool of Oluwo to her.

“For personal irreconcilable differences, Chanel Chin ceased to be his Majesty’s queen. We equally enjoin the public to disregard any business transaction or request with her using the office of his majesty. We wish her the best in her new journey,” the statement concluded. It would be recalled that Oba Akanbi got married to Chanel Chin shortly after he ascended the throne of his forefathers in November 10, 2015.

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2023 Presidency: Jonathan, Others Destroy Zoning Formula – Arewa Youths

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The Arewa Youths Consultative Forum (AYCF) has accused a former president, Goodluck Jonathan and all those who helped him to get to power in 2011 of breaking the zonal arrangement for a rotational presidency.

The accusation was made by AYCF’s national president, Yerima Shettima, when he visited Legit TV studios on Tuesday, December 10 in Lagos.

Speaking on Legit TV’s live programme, Political Arena, Shettima argued that Jonathan was supposed to just finish Yar’ Adua’s term after the latter’s death and move on, rather than choosing to stay on.

Former president, Goodluck Jonathan, is accused of destroying the zoning arrangement by contesting in 2011 instead of stepping aside for a northerner.

Shettima noted that by staying on in power after using up Yar’Adua’s two years, Jonathan took an additional 4 years away from the region.

This incident, Shettima said, completely ended the gentleman’s agreement between the north and the south on rotational leadership at the centre.

“Jonathan had that remnant of two years from Yar’Adua’s regime and subsequently in 2011, ordinarily, in the spirit of a rotational presidency, or whatever-whatever, ordinarily in normal circumstances, one would have expected Jonathan to step aside and allow another northern person to come onboard.

But Jonathan still went ahead (to contest for the presidency). And that was the moment when the issue of a rotational presidency was completely jettisoned. It is not even on record anymore. At that level, I believe strongly that the agreement had been broken.”

Asked if he blamed Jonathan for the collapse of the zoning arrangement, Shettima replied, “I blame those who stood at that time to do what they did.”

Arewa youths believe that the gentleman’s agreement to rotate the presidency between the north and the south has been broken completely – AYCF’s national president, Shettima, said the blame for this should be placed on all of those that helped Jonathan become president in 2011 – Shettima believes that because of this and more, the north deserves to remain in power for longer than 2023 when President Buhari ends his term

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BREAKING: I Am Still Alive And Healthy – IBB

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Rumour of the death of former military president, General Ibrahim Babangida, has rented the air in the last couple of hours

DAMMYLINK can confirm that the Former President is alive and well. However, one of his media aides, who is also a journalist with Nigeria Info 99.3FM, Yemi Saka has posted on his Facebook wall to debunk the rumor.

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