Connect with us

News

Financial Inclusion: FG Distributes 3,000 POS To Women In FCT

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad
…as women affairs minister say ‘Iwill come after you if you don’t use it’
By Gloria Ikibah
The Federal Government on Thursday launched the ‘PLUG-IN At Women’ and distribution of 37,000 Point Of Sale Terminal (POS) machines to women across the 36 states of the federation and Federal Capital Territory Abuja, in collaboration with PLUG Platform Group, an organisation that promotes financial inclusion in the country.
The Minister of Women Affairs, Barrister Uju Kennedy-Ohanenye, in her address, at the launch in Abuja warned the women not to sell, transfer ownership or keep idle the free POS machines that would be distributed nationwide.
According to the Minister, the POS will ensure ease of doing business and boost the economic status of women in Nigeria.
Naijablitznews.com reports that the first phase of the free 3,000 Units of POS will be distributed among some women in the FCT.
The Minister stated: “Some of you might be thinking that it is something that they will sell, I will come after you if you sell it.
“If you know that you are not going to operate this POS by yourself, don’t take it.
“Before you are handed over this POS, you must have been registered in the system and we will be tracking you. Our eyes are on you.
“So, if you don’t need it, don’t collect it because the problem we have in Nigeria is that things meant for certain people, greedy ones will grab it. The ministry of Women Affairs will come after you”, she warned.
Kennedy-Ohanenye stated that two months after the distribution of the POS machines, the beneficiaries would be monitored to see the progress made and the number of transactions carried out to ensure the objectives are met.
She also advised the women to register in the ministry’s e-portal to enable them have to access financial support and business opportunities. She added that plans were underway for 400,000 women nationwide to benefit ₦25,000 monthly each for three months.
“If you know that you can’t meet up after two months, return it to the ministry and the partner, PLUG.
“Anyone that wants to help Nigerian women should go through the portal, and send them money directly to avoid diversion, selfishness and others.
“So, I am encouraging every woman to get involved, sell and advertise what you have through the portal.
“We don’t need to over labour the women, we ahve a portal. In that portal you can register directly without coming here and we can track then through the portal. We can communicate with them through the portal. So all we need to do is collect the link, so that you don’t only register yourself, you register your neighbour, you register your friend.
“As we speak we started this in less thank 4 week and we have over 400,000 women already registered.
“About transaction, uf they give you like two months to be able to help yourself. After two months that you have been given enough opportunity to create how you are going to make money and you are not doing up to 20 transactions a day, I will ask them to retrieve it from you”, she stated.
The Chief Executive Officer of PLUG Platform Group, Okeimute Akoko, explained that the initiative was in line with President Bola Tinubu’s Renewed Hope Agenda which is to see to the Empowerment of Nigerian women.
She said: “The initiative is to plug women into financial and social empowerment, which the ministry and every Nigerian woman share on financial prosperity and empowerment.
“It is about the lives that will be transformed by the opportunities we are providing and giving the Nigerian women the chance to live a healthier and prosperous life”.
“We believe that working with the ministry we could reach to the unreached in the rural areas.
“Women will also benefit from the health insurance coverage at ₦200 charged monthly”.
Okeimurte said those who might wish to benefit from the POS machines were expected to come with two passport photographs, a utility bill, a National Identification Number (NIN), and a Bank Verification Number (BVN).
The Permanent of the Ministry, Gabriel Aduda, in his welcome address said the initiative was to empower women economically, eradicate poverty and achieve the 2030 target of the Sustainable Development Goal (SDGs).
Represented by Funke Ladipo, he stated: “Of course we are starting with the FCt because we are all based in the FCT, and this distribution will be taken to all the 36 states of the federation”.
One of the beneficiaries Mrs Elizabeth Agbo, who was presented the POS said it will be used to ease her business financial transactions.
Agbo assured that she would key into the ₦200 monthly healthcare insurance programme to access healthcare services.
Continue Reading
Advertisement
Click to comment

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49

You must be logged in to post a comment Login

Leave a Reply

News

Osun Poll: APC Heading for Crushing Defeat, Imole Campaign Council Fires Back at National Chairman

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

By Gloria Ikibah

The Imole Campaign Council (TICC) has dismissed claims by the National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, that the party’s array of governors, National Assembly members and other political heavyweights would guarantee victory in the August 15, 2026 Osun State governorship election.

Reacting to remarks likening the APC’s political strength to a trailer against a “Keke Napep”, the council described the analogy as a display of political arrogance and evidence that the ruling party had misread the mood of Osun voters.

In a statement signed by the Chairman of its Media and Publicity Committee, Rep. Bamidele Salam, the council argued that elections are determined by the electorate rather than by the number of influential politicians a party can mobilise.

Advertisement

According to the statement, “The people of Osun State are not waiting for political heavyweights from outside the state to decide their future, the electorate are capable of making their own independent choice based on the performance of the government in power.

“The APC National Chairman may have assembled what he calls a political trailer, but he should understand that the people of Osun State are not political cargo to be moved around by outsiders. They are the owners of the mandate, and they alone will determine who governs them.”

The council maintained that the forthcoming governorship election would be decided by the performance of the incumbent administration rather than political rhetoric.

“The August 15 election will not be a contest between a trailer and a Keke Napep. It will be a contest between a performing Governor who has earned the confidence of his people and an APC candidate who is struggling to gain acceptance among the electorate.

Advertisement

“The reality on the ground is that Governor Ademola Adeleke enjoys tremendous goodwill among the people of Osun State because of the visible achievements of his administration. His record in road infrastructure, healthcare, education, workers’ welfare, water supply, agriculture, youth empowerment and other critical sectors speaks directly to the people”, he said.

The campaign council also questioned the popularity of the APC governorship candidate, Munirudeen Bola Oyebamiji, arguing that the party’s dependence on external political figures reflected an inability to build grassroots support within the state.

The council further challenged the APC to focus on presenting policies and programmes instead of relying on political symbolism.

“The APC governorship candidate, Munirudeen Bola Oyebamiji is obviously weak and unpopular, the decision of the APC to rely heavily on political figures from outside Osun is an indication of its candidate’s inability to independently mobilise the people.

Advertisement

“Rather than boasting about the number of governors and National Assembly members being deployed to Osun, the APC should tell the people what its candidate has to offer. The people are interested in issues, performance and credible leadership, not political metaphors”, he said.

The Imole Campaign Council urged the opposition party to respect the intelligence of Osun voters by running an issue-based campaign and offering what it described as credible alternatives ahead of the governorship election.

Continue Reading

News

ECOWAS Seeks Sanctions for Member States Ignoring MSME Policies

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

By Gloria Ikibah

The ECOWAS Commission has called for tougher measures against member states that fail to implement agreed policies designed to support the growth of Micro, Small and Medium-sized Enterprises (MSMEs), warning that the region’s economic ambitions will remain out of reach without effective implementation.

The position was presented on Monday during the ongoing delocalised meeting of the ECOWAS Parliament’s Joint Committee on Industry and Private Sector, Macroeconomic Policy and Economic Research, Administration, Finance and Budget, and Public Accounts in Cotonou, Republic of Benin.

Speaking during a presentation on “Trade Facilitation, Regulatory Reforms and Formalisation,” Dr Tony Luka Elumelu of the ECOWAS Business Council Secretariat argued that the region already has sufficient policies, protocols and legal instruments to drive private sector growth, stressing that the real challenge lies in implementation rather than policy formulation.

Advertisement

He urged member states to shift their attention from producing new frameworks to creating a business-friendly environment that allows enterprises to flourish.

According to him, “We have very good policies, protocols, legal instruments in terms of the private sector development. We also have the MSME Charter. We have created an enabling environment in this particular document for development and growth of the MSMEs but, in summary, my recommendation is that we should implement what we adopt.

“We should make sure that we create an enabling environment for these businesses to thrive and not keep adopting policies. What we need to do is enforce those policies that we have adopted and remove every bottleneck that impedes MSMEs from thriving.”

Elumelu noted that West Africa must become more competitive, especially as the African Continental Free Trade Area (AfCFTA) opens new opportunities across the continent.

Advertisement

He said governments should prioritise investments in transport infrastructure and eliminate unnecessary barriers that continue to frustrate legitimate businesses operating across borders.

He also identified the proliferation of roadblocks and multiple checkpoints across the region as major obstacles to trade and economic integration.

“We need to make sure that we have the necessary infrastructure that our goods will use in terms of moving from one country to another. We also need to look at the vision that we have signed under the AfCFTA protocol.

“In fact, we already know that we are going to compete with other regions, which means that we need to make sure that we do not disturb our people who are trading legitimately, so that at the end, our region will benefit from the economic development and the benefits inherent in the AfCFTA trade.

Advertisement

“The multiple checkpoints, roadblocks, and also the practicality of what we are doing in the region… every legal instrument will always pass through the ECOWAS Parliament before adoption, which means that there should be strategy to put in timelines in terms of implementation. There should also be strategy to be conscious about implementation”, said.

Also speaking, the Principal Programme Officer in charge of Enterprise and Business Promotion at the ECOWAS Commission, Dr Olalekan Afolabi, stressed the importance of moving more businesses from the informal economy into the formal sector.

He said many enterprises across the region remain unregistered, limiting their ability to access finance, markets and government support, and urged parliamentarians to champion policies that encourage formalisation.

Afolabi also called for the effective implementation of the European Union-funded African Trade Competitiveness and Market Access Programme, valued at €50 million.

Advertisement

“How do we implement the African Trade Competitive and Market Access Program of the European Union, which is a 50 million euro project? Some of the responses we give to them include: one, going at the national level and seeing that these policies are properly domesticated. These policies are legislated at the national level and also coming to hold us accountable at the regional level, because we need to report periodically to the Parliamentarians.

“They need to monitor the implementation of some of those projects and this forum, of course, presents an opportunity for things like this”, he noted.

Discussions at the meeting centred on the need for stronger political commitment to implementing existing ECOWAS policies, with participants maintaining that sustained reforms, improved infrastructure and the removal of trade barriers are essential if MSMEs are to become key drivers of economic growth, regional integration and job creation across West Africa.

Advertisement
Continue Reading

News

Just in: Dangote gives ₦18.7 trn of his ₦56.2trn wealth to help the needy

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

 

Africa’s richest man, Aliko Dangote, plans to donate one-third of his wealth to charity as part of his succession plan, his daughter, Halima Dangote, has revealed.

Halima, a trustee of the Aliko Dangote Foundation, revealed the arrangement in an interview with Bloomberg published on Tuesday, saying the billionaire had secured his family’s support to dedicate 33 per cent of his estate to philanthropy.

 

Advertisement

According to the Bloomberg Billionaires Index, Dangote’s net worth is estimated at $35.1 billion, meaning one-third of his current fortune would amount to about $11.7 billion if maintained at that level.

 

Explaining the decision, Halima said her father considers philanthropy central to his legacy and has embedded it into the family’s long-term succession plans.

“He sort of put all the structure in place whereby we focus a lot on health and education. He actually donated 25 per cent to the foundation. If you look at it, it is what we call in Sharia Code in Islam; it means he has donated 33 per cent of his whole inheritance to his foundation,” she said.

Advertisement

“That is how important it is to him because philanthropy needs to be in existence generation after generation.

 

“So giving back is part and parcel of what we do. We believe we’re here, that our business is successful because of the giving back and because of the philanthropic aspect. That is why the 33 per cent is important.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News