TraderMoni: Thugs disrupt disbursement of money to traders in Kwara

TraderMoniHoodlums invaded the Mandate Market in Ilorin, Kwara State, and scared away petty traders and TraderMoni agents as the disbursement of money to beneficiaries of the scheme was about to commence on Thursday.

The hoodlums said to be political thugs were seen wearing the branded T-Shirts of an opposition political party who had been antagonistic of the scheme, stormed the Mandate Market to scuttle the disbursement of money to traders in the market.

Officials of the Bank of Industry (BOI), who were around to supervise the exercise, speaking of on the development, said, they were at the market to supervise the enumeration and disbursement of the N10,000 collateral-free loans when the thugs arrived and caused the uproar.

The thugs were also reported to have 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, however, 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 who allegedly urged them to shun the enumerators.

The programme went on without incident.

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

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 to expand their trade through the provision of collateral- and interest-free loans from N10,000.

  1. Gabriel Eniola Samuel says

    THEY ARE FOOLS, IS FREE MONEY ND nobody will mandate them not to vote for their choice during the election

  2. Adebimpe Kolade Abdmalik says

    This news platform is full of lies, other media outlet reported that market women confronted thugs that wants to disrupt tradermoni disbursement

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  4. Charles Ayodola says


  5. This is fake news… Am presently in Ilorin….all d market women are expecting vice president

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  7. Dare Owoyemi says

    They can not reject free money, they’re used to it before so why will they reject it now? Are they now born again Christian?

  8. Lateemo Babatunde Shekoni says

    Adebimpe Kolade Abdmalik tribune is one of the worst and that’s why you hardly see it on newsstand

  9. Wale Belloxconi Bello says

    It’s a lie……..

  10. Abubakar A. Alhassan says

    Mischievous news and lies.

  11. Chuks Ojinta says

    Nigeria Tribune and fake news

  12. Adebanjo Adewale says

    Tribune is a PDP platform

  13. Emmanuel Okon says

    I love this… ?????

  14. Theophilus Gabriel says

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  15. Abdulfatai Ibrahim says

    So Petty!

  16. Yemi Ajayi says

    This is the first time of reading ANTI PEOPLE NEWS in any TRIBUNE PUBLICATIONS. The reporter of this story should be cautioned

  17. Elliot Bankole says

    i trust sarakis people, if it is true it must be because saraki is monitoring them and am sure they will go behind to collect them because free money is the foundation of their birth by saraki dynasty.

  18. Tunde Razaq Adebayo Ope says

    So sad that i dont understand the kind of journalism we practice these days, as a pen pusher, i feel ashamed wen i come across some piece, we now write what we want people to know not what happened, why?

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  20. Jubril Mohammed says

    Fake news

  21. Muhammad Tajudeen Adio says

    It is quite unfortunate that Nigerian Tribune has deviated completely From the principle that led to its establishment.

  22. Nurudeen Ayotunde Ibn Idris says

    Fake news

  23. Oluwagbenga Jacob Afolayan says

    We don’t even know which one to believe Punch reported that the market women rebuff the pressure to reject Trader moni when thugs of PDP interrupted the program and police has to intervene before normancy was restored. Here Tribune is reporting another story entirely, which I believe represent Saraki position all these while.

  24. Tunde Rahman Gold says

    Tribune has always been anti Ilorin from time immemorially but we know what we want and we shall get it irrespective if their media propaganda

  25. Oluwagbemiga Idowu says

    Fake news.
    How on earth can this happen in Ilorin? Who will ever reject free money like that. They are already immersed in the lifestyle courtesy late Abubakar Olusola Saraki.

  26. Afodogie Sufyan says

    No trader rejected tradermoni, saraki sent his thugs to disrupt the exercise and some traders ran for safety while some angrily repelled their attacks. Stupid post!

  27. Saka Muhammad'lawal says

    Big lie, am in ilorin very close to the acclaimed Mandate market. Traders are happily enrolling for the scheme before the saraki thugs wore Atikulate vest disrupt the exercise yesterday at the market. Tribune you are lying

  28. Olardimeji Olaide Tee says

    This news is nothing but a blatant lie. My shop is at amilengbe, a very close place to Ipata market for those who know ilorin very well. Traders are eagerly waiting for the arrival of the VP. Thus, don’t let any fake news line mislead you.

  29. Mischeal Audu says

    Fake news.

  30. Lawrence Abraham says

    Lies tribune

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  32. Chuks Ojinta says

    You are still sharing this fake news Nigerian Tribune

  33. Olusola Korede says

    fake news

  34. Oladipupo Abimbola Femi says

    Kwara that didn’t reject EBA will now reject money, impossible.

  35. Omole Stone OluwaNi says

    Even a dumb skull head will not accept dis ur Fake news.

  36. Hassan Ibrahim says

    They’re on there on.

  37. Aderemi Adedotun says

    Osinbajo now in ilorin distributing TRADERMONEY….. stupid news handle

  38. Femi Opawoye says

    Baba fake news. Sack ur reporter immediately

  39. Otunba Festus Femi-Balogun says


  40. Akhimie Godwin says

    Liar, osinbajo is already in ilorin to launch it.

  41. Chinwe Ama-boms says

    Fake reportage

  42. Rahila Pukumaa says

    Fake news

  43. Ifeoma Benard says

    Very good

  44. Folorunsho Samuel says

    A serious lie

  45. Oghene-Otega Esemuede Jr. says

    Way to go.

  46. Hussain Mohammed says

    story for the gods…

  47. Ntia A. Nduke says

    Osinbajo is a fraudster

  48. Olajide Israel Oladipo says

    there loss other people’s gain

  49. Arakunrin Akeju Bosun Orire says

    Kwara traders confront thugs trying to disrupt TraderMoni disbursement
    See link:

  50. Femi Owoeye says

    It’s a lie

  51. Ayoola Adewale Rasaki says

    It’s like Nigeria Tribune, fake news. Trademoney is going on in kwara. Thanks to our VP yemi osinbajo.

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