The aim of Tradermoni is to eradicate poverty in Nigeria, says Osinbajo

Vice president, Yemi Osinbajo 

The Vice President Professor Yemi Osinbajo has said that Nigeria cannot afford a situation where so many of its people are poor, assuring that the introduction of national social investment scheme was aimed at reversing such trend.

Osinbajo stated this yesterday in Kano during a one-day official visit to the state to commission the Alhassan Dantata Bridge in Sabon Gari; Tijjani Hashim Flyover in Kofar Ruwa; and perform the foundation laying ceremony and inspection of some projects embarked upon by the state government.



He noted that to remedy the situation, the federal government has been giving out loans to petty traders under the ‘Tradermoni’ initiative, as well as loans to farmers under Anchor Borrower Programme (ABP) among other intervention programmes.

He said the federal government intended to involve more farmers as it builds a strong, major economy around agriculture and agriculture value chains.




Kano State Governor Dr Abdullahi Umar Ganduje told the vice president that due to strong and effective measures taken in the educational sector, the state has recorded drastic drop in the rate of out-of-school children.