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Abia Govt. set to launch N1 billion interest free business loan on Thursday

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By : Ogbonnaya Ikokwu, Umuahia

Abia state government will on Thursday this week launch one billion Naira Interest Free Revolving Loan Scheme for 9,200 Abians from 184 political wards in the state in the first phase of the programme.

The Commissioner for Information and Culture in the state Prince Okey Kanu disclosed this while briefing the press on the outcome of this week’s executive council meeting presided by Governor Alex Otti on Monday.

He said the 50 beneficiaries would be selected from each political ward in the state,adding that the scheme which is an interventionist and empowerment programme would help the beneficiaries as well as have positive effect on the Abia economy.

He said, “Gov. Alex otti will on Thursday July 11, officially launch the disbursement of interest free revolving loans to Abians via the Abia State co-operative and support schemes.

“This is meant to support micro businesses operating in the state. It is an interventionists program that will act as a palliative and empowerment to the beneficiaries.

“To Ensure an even spread around the state 50 beneficiaries have been drawn from 184 political wards in the state.

“The short, medium and long time effect of the program is huge and it definitely have a positive effects on the state economy and it will help to amilorate the difficulties people are facing in their businesses in face of economics down turn in the country”.

Prince Kanu noted with dismay, the rise in vandalisation of public schools and property in the state, a situation he said government frowns at.

He pointed out that such acts of vandalism must stop forthwith and urged presidents general, town union executive and others stakeholders to take ownership of the public schools in their communities.

The Information boss announced that henceforth enforcement against street trading and illegal motor park operations in Aba and Umuahia would commence and advised those engaging in such acts to desist forthwith.

Contributing, the Commissioner for Local Goverment and Chieftaincy Affairs Prince Uzor Nwachukwu said the government has so far shown understanding and applied human face to the enforcement and would now act accordingly.

Also, speaking, the Commissioner for Finance, Mr. Mike Akpara clarified that contrary to the rumours making the rounds that he takes 10 million Naira monthly, neither him nor other Abia state government officials take home 10 million Naira monthly from the government coffers, adding that such rumours are unfounded.

L-R Chief Press to Gov. Otti. Njoku Ukoha, Commissioner for Finance Mike Akpara, Commissioner for Information Okey Kanu, Commissioner for LG/chieftaincy affairs Uzor Nwachukwu and special Adviser to Gov. Otti on Media and publicity Ferdinand Ekeoma

 

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Tinubu distributes palliatives to SUG presidents nationwide

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President Bola Tinubu has extended palliative support to Student Union Government (SUG) Presidents across Nigeria’s 36 states and the Federal Capital Territory.

The distribution of rice, facilitated by the Special Adviser on Students Engagement, Asefon Sunday, took place in Abuja.

During the event, Asefon explained that the initiative was part of the President’s ongoing efforts to support students and their communities. He recalled a similar gesture in December 2024, when student leaders received palliative support during the Christmas and New Year celebrations.

“Today, SUG Presidents across the Federation will receive rice from President Bola Ahmed Tinubu, a leader who values students not just as tomorrow’s leaders but as leaders of today,” Asefon said.

He noted that the rice, initially meant for distribution in December 2024, arrived late in Abuja on December 28. To ensure proper distribution, representatives were invited to Abuja to personally receive the items. Two SUG Presidents were selected from each zone to oversee and manage the distribution process.

“This is unprecedented. For the first time in this country, a sitting President is directly reaching out to student leaders during the festive season,” Asefon remarked.

Looking ahead, Asefon assured students of more benefits under the Presidential initiative in 2024. “This is a time for Nigerian youth and students to reflect, express their views, and engage actively with the government. The impact of this administration is now being felt by students nationwide,” he added.

Fahad Abdullahi, the SUG President of Abubakar Tafawa Balewa University, Bauchi, expressed gratitude on behalf of the student leaders. “We were informed that all SUG Presidents across the nation would receive rice, a kind gesture from the President. We sincerely appreciate this initiative and commend him for his focus on students, from the Nigerian Education Loan Fund to this Rice Initiative,” Abdullahi said.

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Tinubu appoints DSS deputy DG

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President Bola Ahmed Tinibu has approved the appointment of Folashade Arinola Adekaiyaoja fsi+, fdc, as Deputy Director General for the Service.

The approval, the first by any president, has drawn commendation from a large section of serving and retired DSS officers who see the move as aimed at restoring professionalism to the Service.

The presidential approval, it was gathered, seeks to revise the agency’s structure for better efficiency, in line with the original onanogram of the service.

Checks revealed that the DSS is structured to comprise three Deputy Directors General in its hierarchy.

The appointment and ratification by the President, according to elated operatives of the agency, was based on the recommendation of the DG through the National Security Adviser (NSA), Mallam Nuhu Ribadu.

One of the sources told Vanguard that the appointment is in line with its extant regulations and unprecedented in the history of the Secret service.

The appointment of Adekaiyaoja, a native of Kogi State, it was gathered, is being celebrated by a cross section of officers and operatives who see her as eminently qualified for the position.

It was further gathered that President Tinubu had, in line with his promise to improve on the security of life and property of Nigerians, tasked the heads of security agencies to come up with proposals on how to improve on their service delivery.

“It was on this note,” offered a security source, “that the President approved the DG’s recommendation, which many serving and retired officers are confident would boost career progression in the Service.”

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Wike signs 5,481 C-of-O in one year, FCT land allottees now get title documents in two weeks

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As at December 31, 2024, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has signed a total of 5,481 Certificates of Occupancy (C-of-O), the Minister’s Senior Special Assistant on Public Communications and New Media, Lere Olayinka, has said.

This is 2,919 less than the total number of C-of-O printed and signed by the Federal Capital Territory Administration (FCTA) from 2010 to 2023 (13 years).

In a statement on Tuesday, Olayinka said; “the moment necessary payments are made, land allottees can now get their C-of-O within two weeks.”

He said “one of the reasons land allottees do not find it compelling to pay for their C-of-O is because when they pay, they wait for years. But in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s government, that has changed now.

“Even uploading of necessary information to show when a C-of-O is collected as well as details on the collector that used to take months, is now done within 72 hours.”

Giving details of C-of-O produced and signed in the FCT in the last 15 years, the Minister’s Spokesperson said; “From May 2010 to May 2015, total of 5,655 Certificates of Occupancy were produced and signed.

“From May 2015 to May 2019, a total of 1,174 Certificates of Occupancy were produced and signed, while 1,571 were done between May 2019 and May 2023.

“Meanwhile, from May 2023 that President Tinubu assumed office till December 31, 2024, a total of 5,481 Certificates of Occupancy were produced and signed by the FCT Minister.

“Also, in the next few weeks, land allottees whose C-of-O are ready for collection will begin to receive auto-generated SMS because it has been discovered that most of them don’t even know that their title documents are ready.”

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