Connect with us

News

Ariyomo inaugurates Cooperative Society for APC members in Akure South LG

Published

on

●Donates N2.5m take-off grant

An infrastructure engineer, Engr. Olatunji Ariyomo, FNSE, has inaugurated a cooperative society for members of the All Progressive Congress (APC) in Akure South local government area of Ondo State to offer interest-free loans for artisans, traders, and market women.

While addressing a packed house of party faithful at the party’s secretariat in the local government on Thursday, Ariyomo who is popularly known as Tunji Light by the locals, announced the initial deposit of a two million naira take-off grant for the Cooperative Society.

Advertisement

The Chairman of the party in the local government, Hon. (Chief) Fesobi Akinmolayan applauded Ariyomo for rising to the occasion at a time of global economic crisis and lack of access to credit and promised the commitment of the Local Government Executive to utilize the provisions judiciously.

Akinmolayan described the Akure South APC Cooperative Society’s initiative as one of a kind in the history of political empowerment in Nigeria disclosing that it is a gesture targeted at teaching members how to fish and become productive rather than looking forward to sharing free money.

Chief Akinmolayan confirmed to the gathering that not only has Engr. Ariyomo properly structured the Cooperative Society for the benefit of micro and small-scale entrepreneurs in the local government, the engineer has indeed deposited the take-off grant of N2 million to the account of the Cooperative Society with Zenith Bank Plc.

Akinmoyan further explained that the programme is designed to assist members in accessing interest-free loans for their businesses and trade. He invited participants to support the project and to appreciate the gesture of the Abuja-based engineer while appealing to other leaders in the local government to support the project.

Advertisement

In his words, “If my Executive can get 50 more leaders to pitch in N1 million or N500,000 each, we would grow the capital base of the Cooperative Society above N50 million in no time”.

According to Akinmolayan, “The interest-free Akure South APC Cooperative Society is in place to show the practicality of the sense of responsibility we preach as a political party to all and sundry. All you need to access this loan is to be a member of the APC Akure South Local Government Area, come with your business plan, obtain a form from us, fill and submit it – that is all.”

Hon. Akinmolayan described the donor as “a visionary and a leader ‘per excellence’”.

The Chairman further disclosed that he has received an additional alert of the sum of N500,000 from the donor as traditional empowerment for some of the dedicated women in the local government.

Advertisement

The APC Woman Leader in Akure South, Hon. (Mrs.) Funke Daramola, described Engr Ariyomo as a leader with whom she has been involved in the political scene for ages. She stated that the Cooperative Society would impact a lot of members of the party and enjoined would-be beneficiaries to ensure they pay back the loan on schedule so that it would continue to revolve for the benefits of other members stating that the Executive had secured the participation of an experienced lawyer to ensure that beneficiaries keep to the terms of the loans

Zenith Bank Plc, the official banker to the Cooperative Society was represented by Mr. Babafemi Adefisoye who informed the gathering that the Bank is apolitical but will continue to offer top-notch banking services to all and sundry. He shared insights on how the Executive Committee of the party at the local government can ensure that each beneficiary pays back the loan as of when due.

A legal practitioner, Bar. Sandra Ogunmola, appealed to beneficiaries to be sincere with the society for the benefit of other members. She stated that each beneficiary will be known, properly vetted, and properly documented. She commended the donor, Engr Ariyomo for his gesture, and informed participants that the engineer in the past 24 years has offered scholarship support to many and that he has equally sponsored hundreds in procuring JAMB forms.

Advertisement
Continue Reading
Advertisement

News

Enugu ready to provide evidence against Ekpa, hails arrest

Published

on

Enugu State Government has hailed the Government of the Republic of Finland for the arrest of the Finland-based leader of the criminal gang, Autopilots, Simon Ekpa, describing him as a common criminal, con man, and terrorist, who has no interest of Igbo people at heart.

The government also described Ekpa as a murderer and fraudster, who delights in killing his people and living large off their misery, saying that Enugu State was ready and willing to provide evidence of Ekpa-sponsored atrocities against Ndigbo to aid his trial and conviction, whether in Finland or Nigeria.

This was contained in a statement issued by the Secretary to the State Government, Prof. Chidiebere Onyia, on Friday.

“The Enugu State Government welcomes the arrest of the Finland-based terrorist, Simon Ekpa.

“His arrest and trial will no doubt go a long way in strengthening peace, security, and stability in all parts of the South East.

“This arrest is in line with the demand of Governor Peter Mbah Administration, which has repeatedly made it known that Ekpa is a megalomaniac, common criminal, murderer, and fraudster, who takes joy in feeding fat on the manipulated emotions of Ndigbo and inflicting misery on the South East region.

See also Bauchi: Head teacher bags 11 years jail term for sexually assaulting 6-year-old pupil
“Ekpa has for long, and unfortunately from Finland, made a living by creating a siege climate and mentality in the South East, destroying lives, property, and the Igbo trademark of entrepreneurship and hard work. He thrives on manipulating, exploiting, and extorting the people on the pretext of fighting for their interest and for the restoration of Biafra,” the government said.

Continue Reading

News

“Men Need To Submit Too”, says Pastor Olumide, Quotes Bible Passage To Back His Statement (Video)

Published

on

A pastor has stated that submission in a marriage is not a requirement for women alone.

Pastor Olumide Emmanuel explained that a Christian marriage is not based on “culture” but on the teachings of the kingdom and as a result, men should respect their wives’ opinions and superior judgment and submit when appropriate.

He said: “Men, I will tell you for free, respect a woman’s sensitivity if you want to do well in life.

“Ask any married man that will be honest with you, there are things that if we did not listen to our wife we’d be in trouble by now. And there are times that we didn’t listen, we enter trouble.

“So if you’re a young person now, don’t let Africa kill you. ‘I’m a man of this house, I’m a man of this house, you can’t tell me what to do’. Forget that nonsense.

“Marriage is not an African culture, it’s a kingdom culture and in the kingdom the bible says, submitting yourself one to another. Mutual submission is a kingdom agenda for the marriage.

“So there are times you need to submit to your wife. Submit to your woman.”

Amiloadednews

Continue Reading

News

SEE Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22 November 2024

Published

on

The black market dollar to Naira exchange rate on Friday 22 November 2024 can be accessed below.

NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for N1710 and sold it for N1750 on Friday, November 22, 2024.

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1730
Selling Rate N1740
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1745
Selling Rate N1750
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News