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FG To Lift 50m Nigerians Out of Poverty By 2027- Group

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…urge NASS to pass bill to coordinate grants in Nigeria
By Gloria Ikibah
A body established by the Federal government under the auspices of Idealab, has called for speedy passage of “A Bill For An Act For The Coordination Of Grants In Nigeria And Other Related Matters”.
The bill according to the group is aimed at establishing a National Council for Public Assistance to widows, dependant children and Orphans in the country.
Naijablitznews.com reports that Idealab was established to address the challenges of small holder farmers and micro small and medium enterprises in accessing intervention funds in Nigeria.
The Director General of the NGO, Emmanuel Aondoakaa in a news conference on Monday in Abuja, stated that the establishment of the agency will help address issues of unemployment and other vices that led to the recent “End Bad Governance Protest” across the country.
He commended the Speaker of the House of Representatives, Rep. Tajudeen Abbas for sponsoring the bill and for his public engagement with stakeholders while drumming support for the bill.
Aondoakaa also also thanked Speaker Abbas for bringing back the bill which was rejected in the 9th Assembly, stating that the provisions of the bill aligned with the Renewed Hope Agenda of President Bola Ahmed Tinubu with the capacity to lift 50 million Nigerians out of poverty by the year 2027.
He said “It is important to state here that, if this piece of legislation is revisited, repositioned as proposed and worked upon to align with the aspirations of the president as stated above, it will go ahead and address the yearnings of the demonstrators and street protesters of the #EndBadGovernance, to solve the problems of hunger, illiteracy, suffering of the ordinary masses of Nigeria and other social vices in the country.
“We are optimistic it will reduce tension in the land and give the legislators and the Federal Government of Nigeria a high public approval rating and prospect of winning future elections for the politicians in power now”.
Speaking on the objectives of Idealab Agency, Aondoakaa said the agency was registered in May, 2024 by the government to address the challenges of small holder farmers and micro small and medium enterprises in accessing intervention funds in Nigeria, lack of market access, shortage of employment in the country and to create wealth using digital platforms.
“This was a follow up of the Idealab program that was officially launched on the 29th March, 2022 by the Bank of Industry in collaboration with the other critical stockholders to drive the initiative of the Federal Government of Nigeria for the investment in digital economy and creative enterprise (IDICE) and the World Bank Group’s International Finance Corporation venture capital funds for intervention programs using financial inclusion and inclusive growth strategies to lift Nigerians who are excluded out of poverty.
“The funds are in the form of Grants, Scholarship, Aid, Employment, Market access and Loan programs, etc”.
He said that Idealab programme has created and adopted state of the arts technologies that can drive financial inclusion and inclusive growth strategies across the country to bring Intervention programs to every community in Nigeria.
“These technologies are designed and approved to facilitate the onboarding processes and disbursement of loans, grants, scholarships, aid, employment & market access, etc.
“By adopting these technologies and using them, so many adult Nigerians can access intervention programs ranging from ₦500,000 to ₦200 Billion, both from the Federal Government of Nigeria and World Bank Group.
“Though these funds have been there since the launch of idealab program, yet so many Nigerians have not heard about it or still not benefitted from these intervention programs.
“It is on the premise of this verifiable fact that we are calling on the National Assembly, the media and other critical stakeholders to support us (idealab agency) in terms of mobilization and awareness creation about the intervention programs under our watch”, he added.
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Nigerian Army disowns fake SSCC Course 50/2027 recruitment advert

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The Nigerian Army on Monday disowned a fake advertisement circulating on social media and other online platforms, inviting applications for the Short Service Combatant Commission (SSCC) Course 50/2027.

This was contained in a statement made available to Defence Correspondents in Abuja by the spokesperson of the Service, Colonel Appolonia Anele.

According to the statement, “the Nigerian Army categorically states that this advertisement is false, fraudulent and did not emanate from the Nigerian Army.”

The statement warned members of the public to disregard the fake advertisement and urged prospective applicants not to apply through, patronise or make payments to any individual, group or website claiming to conduct recruitment on behalf of the Service.

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It emphasised that all recruitment and commissioning exercises were strictly free, transparent and merit-based, and that official recruitment announcements were made only through national newspapers, the Nigerian Army’s verified social media platforms and other recognised official communication channels.

It declared that “no form is sold and no person or agent is authorised to facilitate recruitment or demand payment at any stage of the process”.

It advised those behind the criminal act to desist immediately, adding that security agencies had been activated to identify, arrest and prosecute all individuals involved in producing, circulating or using the fake advertisement to defraud innocent Nigerians.

The statement warned that anyone found culpable would face the full weight of the law.

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The statement reaffirmed that the Nigerian Army remained committed to maintaining the integrity of its recruitment process and urged members of the public to verify all recruitment information through official Nigerian Army channels only.

Suspicious recruitment activities should be reported immediately to the nearest military formation or security agency.

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HoS exposes irregularities in PFIPC documents as Reps probe begins

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The Office of the Head of the Civil Service of the Federation and the Central Bank of Nigeria have distanced themselves from the establishment and operations of the Presidential Foreign Investment Promotion Council and the Presidential Economic Advisory Council as the House of Representatives continued its investigation into the bodies’ alleged creation without a valid legal framework.

According to Vanguard, both institutions made the disclosures on Monday while appearing before the House Ad-hoc Committee probing the councils’ legal status and operations.

The Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, told the committee that her office had no constitutional responsibility for establishing government agencies, explaining that its role was limited to approving the administrative structures of federal agencies.

“The approval and establishment of agencies is not within the purview of the Office of the Head of the Civil Service of the Federation. However, the OHCSF is responsible for approving the administrative structure of federal government agencies,” a representative of the office told lawmakers.

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The official disclosed that the council applied for approval of its organisational structure on August 6, 2025, but the request was declined because it failed to provide the required supporting documents.

“From our records, the council submitted a request to the OHCSF for approval of its organisational structure on the 6th of August, 2025, without providing the requisite documents. Consequently, the request was not granted,” the representative said.

The OHCSF, however, confirmed that officials of the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council sought an establishment and recruitment waiver during the 2025 annual manpower budget defence.

According to the office, the council stated that it had been operating mainly with personnel deployed or seconded from other government institutions and later requested approval for 314 positions, comprising 14 existing staff and 300 additional positions.

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The office also informed lawmakers that it later discovered irregularities in the documents presented by the council as its legal basis.

“It was observed that the document presented by the council as its enabling law or legal instrument did not really carry the requisite features,” the representative said.

Walson-Jack also denied claims that her office deployed civil servants to the council or allocated office accommodation to it.

“We wish to state that there was no deployment of staff by the Office of the Head of the Civil Service of the Federation to the council,” she said, adding that issues relating to the establishment and supervision of the council were the responsibility of the Office of the Secretary to the Government of the Federation and other relevant institutions.

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Also appearing before the committee, the Central Bank of Nigeria said two foreign currency accounts opened for the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council remained inactive with no funds.

Representing the CBN Governor, Director Hamisu Abdullahi said the accounts were opened following a request from the Office of the Accountant-General of the Federation.

“On July 30, 2025, we received a mandate dated July 29, 2025, from the Office of the Accountant-General of the Federation to open one United States dollar domiciliary account and one Pound Sterling domiciliary account,” Abdullahi said.

He explained that the accounts were never activated because the council failed to provide authorised signatories.

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“Those two accounts remain inactive with zero balance and have never been operated,” he said.

Abdullahi added that no financial transactions, including foreign exchange allocations, remittances, inflows or outflows, had been recorded on the accounts since they were opened.

Following the submissions, Chairman of the House Ad-hoc Committee, Abdulmalik Danga, directed the apex bank to submit complete records relating to the accounts.

“We want details of account activities relating to the Presidential Foreign Investment Promotion Council as well as the Presidential Economic Advisory Council. From the opening of the accounts to their last status, this committee wants the complete records,” Danga said.

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FG denies rumours of Defence Minister Christopher Musa’s alleged resignation

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The Federal Government has dismissed as false reports circulating on social media alleging that the Minister of Defence, General Christopher Gwabin Musa (Rtd.), plans to resign from office.

In a statement issued on Monday, the Office of the Minister described the reports as “malicious” and “entirely fabricated,” urging the public to disregard them.

The statement, titled “False Rumour Regarding the Honourable Minister of Defence,” was signed by the Minister’s Special Assistant on Media, Leah Katung-Babatunde.

According to the statement, the office’s attention was drawn to online reports claiming that General Musa had expressed an intention to step down from his position.

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“We wish to state unequivocally and in the strongest possible terms that these rumours are absolute falsehoods borne out of complete mischief,” the statement said.

It added that General Christopher Gwabin Musa (Rtd.), OFR, remains fully focused on his responsibilities and committed to implementing the Federal Government’s national defence and security agenda.

The statement noted that the minister remains dedicated to overseeing the nation’s defence strategy and delivering on his mandate.

The government also urged members of the public and media organisations to verify information through official channels before publishing or sharing it.

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“The general public is hereby urged to disregard this fake news. We strongly advise media outlets and internet users to desist from spreading unverified information and to seek clarification from the office on matters concerning the Minister,” the statement added.

The Federal Government reiterated that the Defence Minister remains in office and continues to discharge his duties.

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