Buhari's Social Investment Programme is largess for cronies, says Group

The pro-Atiku group said Buhari's Social Investment Programme lacked sincerity and transparency.

World Banks ranks Nigeria 146 on ease of doing business

The pro-Atiku group described the statement by the BMO as vacuous and crass, saying it reeks of desperation to blackmail, to distract, and to stoke controversy.

In a statement issued by its chairman, Fredrick Nwabufo, the group said the Social Investment Programme lacked sincerity and transparency.

“The Buhari administration claims it has spent more than N66bn feeding school children. But it is clear that this programme is an avenue for enriching supporters because it has not improved our education in any way. In fact, the number of out of school children has multiplied since this programme started. The number rose from 10 million to 13.5 million,” the group said.

“And the schools where this feeding programme take place are at best hovels; totally inhabitable. Our education continues to take a nose-dive, yet the government is pumping money into a failed programme to enrich its supporters.

“We are aware that the Buhari Media Organisation enjoys this ‘Social Investment Programme’. In fact, it was designed for them. A group which goes around government ministries and agencies demanding money lacks the integrity and moral right to question a legitimate probe into what has become a political largesse for cronies, hangers-on and minions.

“To show that the Social Investment Programme lacks sincerity, no Nigerian has been lifted out of poverty by this programme. Instead every minute, six Nigerians become extremely poor – according to the World Poverty Clock, which reported that Nigeria is now the poverty capital of the world. In fact, 88 million Nigerians now live in extreme poverty, and with 1.1 million citizens slipping into extreme poverty between June and October, 2018.

"We are also aware that Nigerians are being compelled to show party membership card and voter card to access the N10,000 Trader Moni. Does this not show that the programme is a political gambit?

"And to show that the programme lacks transparency, there is no verifiable data of the beneficiaries, their location and total cash received so far.

“Only patriotic Nigerians who are not benefitting from this farce will support the Senate’s probe of the programme. All well-meaning Nigerians are enjoined to support the effort of the Senate to purge the underbelly of this failed programme,” the group noted.

Osinbajo’s spokesman speaks on TraderMoni, other SIPs

Spokesman to Vice President Yemi Osinbajo, Laolu Akande, has described the recent protests against the TraderMoni initiative and other SIPs as an attack on hardworking Nigerians.

Reacting to calls by some traditional leaders for a stop to all the SIPs, Akande described the dispute as a direct “confrontation” with the millions of Nigerians benefitting from all the initiatives, especially the projected 2 million total who will be receiving the collateral-free loans by the end of 2018.

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