Project
Nigerian government’s special cash grant for rural women launched in Yobe
Federal government has on Friday Flag-off Special Cash Grant for Rural Women in Damaturu, Yobe State capital. Launching the programme, the Minister of Disaster Management and Social Development, Sadiya Umar Farouq said that “we gather to provide support to citizens of our beloved country. I am delighted to have you all converge on this venue for purpose of flagging off the Federal Government’s cash grant for rural women, which is a significant social protection programme of President Muhammadu Buhari’s government, aimed at uplifting the most vulnerable groups out of poverty”. According to her, since the inception of President Muhammadu Buhari’s Administration in 2015, Government has paid more attention to protecting and promoting the plight of the poor and vulnerable in the country. This s...
Delta government heads to Supreme Court to reclaim £4.2 million James Ibori loot
The Delta State Government says it will challenge federal government’s plan to deploy the recently returned £4.2 million (around N2.2 billion) recovered from former governor, James Ibori, at the Supreme Court. The Commissioner for Information, Ehiedu Aniagwu, disclosed this on Tuesday while reacting to news of the repatriation of the funds, which the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), said would be used to complete the ongoing work on Second Niger Bridge, Abuja-Kano Road and the Lagos-Ibadan road. “We would try to get take advantage of the legal system to make the federal government correct the injustice they are about to visit on us as a state,” he said. “If they are quite sure that the funds they are about to repatriate left Delta State on ...
UNESCO scores President Buhari high in women inclusion in governance
Mr Steven Onyekwelu, Spotlight Project Manager, United Nations Educational, Scientific and Cultural Organisation (UNESCO), on Monday, said President Muhammadu Buhari demonstrated great inclusion of women in governance. Onyekwelu said this at the occasion of the International Women’s Day (IWD) in Abuja, with the theme of this year’s celebration “Choose to Challenge.” The project manager said UNESCO was satisfied with President Buhari’s commitment to women empowerment and equality. “We are satisfied, as a matter of fact, His Excellency the President is doing a lot to ensure that inclusion in every area, in terms of governance, education, in terms of health, women are included,” he said. The UN official, who congratulated women on the IWD, noted that UNESCO had through the spotlight project, ...
AfDB approves $1.3 million grant for female financial inclusion research in Africa
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent. In a statement on Monday, AfDB said the grants will be disbursed by Africa digital financial inclusion facility (ADFI), a blended finance vehicle supported by the bank. The grants will be disbursed to two fintech firms, Pula Advisors Kenya and M-KOPA Kenya. AfDB said Pula Advisors will use the $1 million for research of social and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia while M-KOPA will use the $300,000 funding for research involving 500 women and men in Kenya’s Kisumu, Eldoret and Machakos counties. It said findings from the research will inform th...
AfDB approves $1.3 million grants for women’s access to digital finance
The African Development Bank (AfDB) has approved two grants of $1.3 million for research aimed to increase African women’s access to a range of digital financial services, including loans and micro-insurance. According to a statement from the AfDB on Monday, the grants for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility (ADFI). ADFI is a pan-African initiative designed to accelerate digital financial inclusion throughout Africa. It is a blended finance facility of AfDB with two financial technology firms; Pula Advisors Kenya Ltd. and M-KOPA Kenya Ltd. Pula Advisors will use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Mor...
ECOWAS suggests compensation for coronavirus vaccine adverse reactions
The Economic Community of West African States (ECOWAS) Vaccine Taskforce has recommended compensation for citizens who suffer side effects or injury from the COVID-19 vaccination. Professor Stanley Okolo, the Director-General of the West African Health Organisation (WAHO), disclosed this at the 5th Regional Steering Committee meeting of the Regional Disease Surveillance Systems Enhancement (REDISSE) project on Saturday in Abuja. Okolo said that the recommendation was one of the resolutions adopted by the taskforce and presented to the ECOWAS Ministerial Coordinating Committee to encourage citizens to receive the vaccine. He explained during the REDISSE virtual meeting that the issue of indemnity was being taken up by the COVID-19 Vaccines Global Access, the global initiative aimed at equit...
AfDB provides $400,000 grant for SEC
African Development Bank Group (AfDB) on Friday signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation and broaden market instruments. The funds, according to a statement from AfDB, will go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and build capacity for green finance. The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the Bank. “This collaboration further underscores our mutual goal to grow our markets and create viable avenues for sustainable economic development for Nigeria and the region,” said Lamido Yuguda, Director General of the Securities and Exchange Commission at the virtual signing ceremon...
PIB: Rivers governor supports allocation of 10 per cent oil revenue to host communities
Rivers State Governor, Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly. Governor Wike said it is also necessary that the bill state in clear terms what specific development projects that the allocated fund should be spent on, so that development of host communities can be truly actualised. The governor gave the charge when the members of the National Assembly Committee on the Petroleum Industry Bill, visited him at Government House, Port Harcourt, on Thursday. Governor Wike stated that oil bearing communities have suffered the loss of their livelihood, good drinking water and their socio-cultural life disrupted because of the insensitivity of the International Oil compan...
President Buhari charges security agencies improve Nigeria’s ranking on global security index
Worried by the rising level of insecurity in the country, President Muhammadu Buhari on Thursday charged the nation’s security agencies to up the ante in their drive towards protection of lives and property. He also directed the Nigeria Immigration Service (NIS) to improve surveillance and control around the nation’s borders so that criminal elements won’t find Nigeria as a safe haven to hide and perpetrate their criminality. The President, in a speech at the virtual Commissioning of the Nigeria Immigration Service (NIS) Technology Building, instructed all security agencies to raise their performance in protecting lives and property, with a mandate that the country’s Global Security Index must be improved. He said “It is imperative that our ranking in the Global Security Index improves and...
Rivers governor reacts as critics fault design of new bridge after truck accident
Critics are subjecting the Okoro-nu-Odu overhead bridge commissioned for use on Monday in Port Harcourt by Rivers Governor, Nyesom Wike, to scrutiny after the fall of a heavy duty truck that was trying to make a turn under it. Also, critics have also observed that rather than help alleviate the traffic gridlock in the area, the bridge seemed to have worsened the traffic jam. While commenting on the gridlock around the bridge and the fall of the truck while trying to make a u-turn, one Kachi Welsley said: “basically an engineering design is to address serviceability and human problems, not to compound them. “At the beginning sides of the overhead bridge at Rumuokoro, there ought to be turning points to enable cars coming and trying to get back in opposite directions turn easily without firs...
Senator Saraki urges President Buhari to include opposition, others in fight against insecurity
A former Senate President, Dr Bukola Saraki, on Tuesday, called on President Muhammadu Buhari to include opposition parties and the international community in the fight against insecurity in Nigeria. He spoke with newsmen shortly after he met with a former President, Chief Olusegun Obasanjo, behind closed doors at his penthouse residence located within the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, Ogun State. Saraki, who is the Chairman of the Peoples Democratic Party (PDP) Reconciliation and Strategy Committee, was joined in the meeting by former Governors, Ibrahim Dankwanbo (Gombe), Olagunsoye Oyinlola (Osun), Liyel Imoke (Cross River), Ibrahim Shehu Sema (Katsina) and former Majority Leader, House of Representatives, Mulikat Akande Adeola. Speaking after about two hours c...
Senator Omo-Agege: Delta council polls can only be rigged if electorates sleep
Ahead of the March 6 Delta State local government council polls, Deputy Senate President, Senator Ovie Omo-Agege, weekend, reiterated that the elections could only be rigged if electorates go to sleep, insisting that “every vote must count”. Speaking at Oviri-Ogor, Ughelli North Local Government Area, Delta State, while commissioning a 20 lock-up-store market built by community, Omo-Agege said: “They will tell you that results are written in local government elections, that it is over. It is a lie. “You can only write results, you can only rig elections when everybody has gone to sleep. On that day we are going to insist that everybody must cast their votes; every vote must count.” Urging the people to vote massively for the chairmanship candidate of the All Progressives Congress, APC, in ...
