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Renewed hope : Tinubu set to relaunch Tradermoni, beneficiaries to get N50,000 each, Says Betta Edu

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The federal government on Monday, October 9, said that it would reintroduce the TraderMoni scheme next month.
In the past administration, Tradermoni was one of the programmes under the Government Enterprise Empowerment Programme (GEEP).

The interest-free loan scheme for traders which started in 2018, has been on hold for some time.

With the reintroduction of the scheme, each beneficiary is expected to get N50,000 to support their business.

The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu disclosed this in an interview on television.

Edu said: “Now, for the first set, which we are starting in November, we are selecting one big market per senatorial district. That is 109 markets and we are going into the markets, capturing the traders in their shops in the markets.

“Unlike the N10,000 given to traders in the earlier phases, there is more money for the beneficiaries. It’s N50,000 to support their businesses.

“We are not interested in party lines, or any social or personal interest. We will capture them in the market and then after doing so, we will create a bank account just as they are being captured, the monies are sent directly from the CBN account.”

According to her, it is a one-off interest-free loan with those who repay qualifying for another loan.

She equally said the conditional cash transfer policy of the government is set to return later in the month.

She said: “With the approval from the President which we hope to get this week, on the 17th of October, we will be officially launching the conditional cash transfer to 15m households in Nigeria.

“Presently we are having a verification exercise, every State can bear us witness that we have put boots on the ground, persons are working with the state cash transfer office as well as the governors who are the head of the steering committee, and then several other persons in the state the local government heads, the community heads can testify also that we are on ground to ensure that those who are on the national social register truly are Nigerians and they fall within the under $1.95 a day and they deserve to have it.”

On why the verification was important, she said: “Remember some people on the register will probably be dead, some people on the register would have moved out of that bracket because they got a job and they’re no longer where they used to be and all of that, we need to be able to mind find that data and get these people out and deal with people.

“We are on the field cleaning up that data and doing a complete verification and we’re putting juxtaposing both the BVN and the rest of it to identify these people and be sure that we are dealing with authentic persons.

“We are also capturing the head of the households as well as a picture of the household, so we can locate each of households, they’re numbered so people can go there and verify against the register.

“We are equally doing a kind of rapid response expansion by capturing persons who were left out of the register just to fill in the spaces of those who are either dead or have moved out of that bracket.”

On the number of people the government hopes to lift out of poverty through its various programmes in one year, she said: “For the conditional cash transfer, we’re working with 15 million households which amount to about 60 million individuals directly touched by the conditional cash transfer.

She added: “On the N-Power job creation which is the renewed hope job creation scheme, we are working on 5 million Nigerian youth between the ages of 18 and 40 and this will be taken 1 million per year on the

“GEEP programme, we are working on 1.5 million Nigerians and this will include the market women, the traders for capital, and then the farmers.

“For the Homegrown School feeding which is expected to deal with the nutrition, health and in a way act as an incentive to keep children in school, we are looking at reaching out to over 10 million children within the next four years. So in the next year, we would have directly touched at least 70 million Nigerians.”

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NRC Confirms 26 Injured in Mid-Route Train Incident, Says Opeifa

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Mo No fewer than 26 passengers and onboard personnel sustained varying degrees of injuries following a train incident along the Abuja–Kaduna rail corridor on Monday.

The incident, which occurred at about 9:16 a.m. near Asham Station, involved the KA-2 service travelling from Rigasa to Idu. According to an interim report released by the Nigerian Railway Corporation (NRC), a loud bang was heard as the power car and a trailing locomotive collided with one of the coaches.

Preliminary findings indicate that the incident may have been caused by a fault in one or more couplers, leading to a possible disconnection within the train formation. However, authorities confirmed that none of the coaches derailed.

The train had earlier departed Rigasa Station at 7:15 a.m., arriving at Jere slightly ahead of schedule before departing a few minutes later after an additional locomotive was coupled to improve operational resilience.

Following the incident, affected components—including a locomotive, power car, and one passenger coach—were detached from the train to allow the journey to continue safely.

A total of 481 people were onboard at the time, including passengers, crew members, security personnel, vendors, cleaners, and other service providers. Of the 459 passengers booked for the trip, 429 were confirmed to have boarded.

Despite the disruption, the train resumed movement at about 9:42 a.m., arriving in Kubwa at 10:10 a.m. and terminating at Idu Station at 10:39 a.m., with an overall delay of approximately 38 minutes.

The NRC stated that injured persons included passengers, staff, and security personnel, although details of the severity of injuries were not fully disclosed.

Train services on the route were later restored the same day, with subsequent trips resuming operations, albeit with delays. The Managing Director of the NRC, Kayode Opeifa, was onboard one of the recovery services to monitor the situation.

The corporation assured the public that a full investigation is underway to determine the exact cause of the incident and to prevent future occurrences.

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Update : Locomotive Detachment Triggers Abuja–Kaduna Train Incident, NSIB Investigates

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By Sotayo Olayinka
MAR 16, 2026

The Nigerian Safety Investigation Bureau (NSIB) has commenced an investigation into a railway incident involving a passenger train operating along the Rigasa–Idu rail corridor after a locomotive detached and struck the rear of the train.
The incident occurred about 09:16 a.m. along the Jere–Asham section of the corridor near Asham Station in Kaduna State. The track segment where the occurrence took place lies on a downward gradient.
The train, identified as KA2, had departed Rigasa Railway Station in Kaduna at the start of its scheduled journey to Idu Railway Station in Abuja. The service operates within a scheduled window of 07:15 a.m. to 10:01 a.m.
According to details released by the Bureau, the train arrived at Jere Station at 08:52 a.m. and departed again at 08:59 a.m. for the onward journey to Abuja after a rear locomotive was attached to provide additional operational support.
However, shortly after departure from Jere, the rear locomotive became detached while the train was moving along the descending gradient toward the Asham section. The detached locomotive subsequently rolled forward and collided with the rear portion of the train, resulting in a serious operational occurrence.
At the time of the incident, the train consisted of two locomotives positioned at the front and rear, one power car, two business-class coaches and six standard passenger coaches. A total of 429 passengers were onboard, alongside 46 crew members and 24 security personnel assigned to the service.
No fatalities were recorded, though some passengers sustained injuries. Personnel from the Nigerian Railway Corporation (NRC), supported by onboard security operatives, immediately activated emergency response procedures.
Medical personnel provided first aid to injured passengers.
Following the incident, the train continued its journey and arrived at Idu Station in Abuja about 10:39 a.m., where additional assistance was provided to passengers.
Investigators from the NSIB have since begun gathering evidence and conducting technical analysis to determine the circumstances surrounding the occurrence.
The investigation will examine technical, operational and infrastructure-related factors, including train configuration, locomotive attachment systems, operational procedures and relevant operational data.
Commenting on the incident, Director-General of the Bureau, Alex Badeh Jr., expressed concern for affected passengers and reaffirmed the agency’s commitment to determining the cause of the occurrence.
“This incident reminds us that every transport journey carries the trust and expectations of hundreds of people who rely on the system to move them safely to their destination.
Our thoughts are with the passengers who sustained injuries, and we commend the swift response of Nigerian Railway Corporation personnel and emergency teams who assisted those affected.
“At the Bureau, we approach every investigation with a deep sense of responsibility because behind every occurrence are real people, real families, and real consequences.
“Our team will carefully examine every relevant factor to understand what happened and to ensure that the lessons from this occurrence lead to safer railway operations across Nigeria”, he said.
The Bureau said it will work closely with the Nigerian Railway Corporation and other relevant agencies as the investigation progresses, adding that further updates will be provided as more information becomes available.

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Update : Abuja–Kaduna Train Mishap: NRC Confirms Incident, Injured Passengers Hospitalised

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Newsthumb had earlier reported that some passengers were left stranded on Monday morning after an Abuja-bound train from Kaduna was involved in a collision with another train along the rail corridor, forcing an immediate suspension of operations.

The Nigerian Railway Corporation (NRC) has officially confirmed a train incident occurring on the Abuja-Kaduna rail corridor on Monday morning.

Newsthumb earlier reported that hundreds of passengers were left stranded on Monday morning after an Abuja-bound train from Kaduna was involved in a collision with another train along the rail corridor, forcing an immediate suspension of operations.

But in a press statement signed by the Managing Director/CEO, Dr. Kayode Opeifa, the corporation described the event as an “avoidable incident” that took place at approximately 10:30am near Asham.

According to the NRC, the mishap involved a rear locomotive and a passenger coach.

He added that preliminary investigations suggest that the collision was not a head-on crash with a separate train, but rather a mechanical failure within the same service.

“Preliminary reports indicate that the rear locomotive made contact with the rear immediately next to it due to a coupling issue,” the statement read.

While the impact caused panic among the hundreds of passengers on board, the NRC confirmed that no fatalities were recorded. However, an unspecified number of passengers sustained various degrees of injuries.

The statement partly read: “Some passengers sustained injuries and were promptly attended to and taken to a nearby medical facility for proper medical care. No fatalities were recorded.

“Emergency response protocols were immediately activated, and relevant technical teams have been mobilized to the location. The Safety Investigation Bureau (SIB) is also on site to conduct a thorough investigation into the incident in line with established safety procedures.

“The Corporation assures the public that safety remains its top priority, and all necessary measures are being taken to address the situation and ensure the continued safe operation of train services.”

This official confirmation follows chaotic scenes reported earlier today by passengers who were forced to wait in the middle of the rail corridor. While initial reports from the scene suggested a “clash” between two separate trains, the NRC’s clarification points to a critical failure in the train’s internal coupling system—the mechanism that links the locomotive to the passenger cars.

“We were moving at a steady pace when there was a loud bang and the train suddenly braked,” said one passenger via a social media update. “We later realised we had hit another train on the same track. Everyone is shaken, but we are waiting for official word.”

 

 

 

 

 

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