He said contrary to the criticism that the government launched the programme at election time, the programme started in 2016 and fully took off after the National Assembly approved money for it about seven months ago
Osinbajo said the programme was for the benefit of the masses, petty traders, saying that once the people enjoy the benefit, it is out of place to be complaining about the timing, asking: “Is there any time wrong to do the right thing?”
He denied that the micro credit was being given to only members of the APC, saying that beneficiaries are not considered on account of party affiliations but on merit.
“It is false that only members of the APC are being considered for the money. Nobody even asks anybody about his or her party or trying to know whether you are APC or PDP. Even those who belong to no party are part of the beneficiaries,” he stated
He said that the Marketmoni version of the micro credit programme meant for artisans and marketers of higher status would commence with N50,000 for the beneficiaries and explained that the people could receive up to N300, 000 when they do not derail in refunding.