News
Bank of Industry disburses N21million to 438 GEEP beneficiaries
By Sule ALIYU, Bauchi
The Bank of Industry has disbursed fresh N21million loan to 438 traders in Bauchi State.
Special Assistant to Governor Mohammed Abdullahi Abubakar on Non-Governmental Organisations (NGOs) and Social Investment Programmes (SIPs) Mansur Manu Soro disclosed this yesterday after a meeting with officials of the benefiting traders associations.
The traders were beneficiaries of Government Enterprise and Empowerment Program (GEEP) also known as Market Moni, a Federal Government’s revolving loan given to small business owners.
He said that implementation of the programme is in accordance with President Muhammadu Buhari administration’s 2017-2020 Economic Recovery and Growth Plan (ERGP) which seeks to sustain economic growth and stabilise domestic production through increased funding to SMEs.
“Bauchi state remains determined to optimally utilize the allocation of 39,000 beneficiaries granted to it by the Bank of Industry, the BSSIPO is working closely with interested commercial banks, market aggregators and super agents to facilitate the BVN enrollment, registration and on-boarding of interested persons.
“We thank His Excellency Governor Mohammed Abubakar for his continued support to the implementation of the programme,” he said.
In his remark, one of the leaders, Auwal Shu’aibu advise the beneficiaries to repay the soft loans on time as it will enable others to benefit from the gesture since the money is meant to be a revolving fund.
Shu’aibu, who is the Secretary of Wunti Market Small Scale Traders Association, warned that all avenues will be explored to collect the money back from defaulters.
On his part, the chairman of Muda Lawal Motorcycles Sellers Association, Alhaji Muhammadu Jamilu advised leaders of various traders associations that benefited from the programme to live up to their responsibilities.
He said that the leaders must ensure the timely payment of the soft loan by their members and urged the beneficiaries to utilise the loan and develop their various business in order to repay back the loan.
Investigations by Nigerian Concord Newspaper reveal that the Executive Secretary of the Nigerian Shippers Council, Mr. Pius Akutah, has allegedly misappropriated public funds for a lavish lifestyle.
According to our findings, within months of assuming office, Akutah allegedly purchased a bulletproof SUV valued at approximately N850 million. In addition, he is reported to have acquired over twenty exotic SUVs for use as a convoy.
Akutah is also said to have acquired multiple high-value properties, including three in Abuja’s Maitama and Asokoro districts worth over N2 billion, and two in Lagos’ Banana Island valued at N1.8 billion. These acquisitions appear far beyond the scope of his official salary and allowances.
Further investigation suggests that Akutah may be using public funds to support political ambitions, including allegedly grooming militants across 23 local government areas in Benue State for a potential 2027 gubernatorial bid.
Staff of the Shippers Council reportedly claim that Akutah frequently accesses the council’s treasury without proper authorization. Some insiders have indicated that a petition will soon be filed with the EFCC, ICPC, and the Presidency to report his alleged misconduct.
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Investigations by Nigerian Concord Newspaper reveal that the Executive Secretary of the Nigerian Shippers Council, Mr. Pius Akutah, has allegedly misappropriated public funds for a lavish lifestyle.
According to our findings, within months of assuming office, Akutah allegedly purchased a bulletproof SUV valued at approximately N850 million. In addition, he is reported to have acquired over twenty exotic SUVs for use as a convoy.
Akutah is also said to have acquired multiple high-value properties, including three in Abuja’s Maitama and Asokoro districts worth over N2 billion, and two in Lagos’ Banana Island valued at N1.8 billion. These acquisitions appear far beyond the scope of his official salary and allowances.
Further investigation suggests that Akutah may be using public funds to support political ambitions, including allegedly grooming militants across 23 local government areas in Benue State for a potential 2027 gubernatorial bid.
Staff of the Shippers Council reportedly claim that Akutah frequently accesses the council’s treasury without proper authorization. Some insiders have indicated that a petition will soon be filed with the EFCC, ICPC, and the Presidency to report his alleged misconduct.
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I am writing to felicitate with Your Excellency, Atku Abubakar, GCON, former Vice-President of Nigeria (Zege Mule u Tiv & Wazirin Adamawa)
on the occasion of your 79th birthday anniversary.
I join your teeming admirers globally in celebrating you on this special day, an adorable Statesman and my Boss.
I recall with nostalgia, how countless generations have benefited from your generosity, wealth of experience and benevolence including being my key benefactor even as a young lawyer for my professional success.
Your Excellency, may your special day be filled with grandeur befitting your illustrious career.
I wish you continued success, prosperity, and an unending stream of accolades.
It takes a remarkable kind of fortitude to remain active in public life well into one’s golden years. Your dedication and patriotism remain truly exceptional.
May you enjoy a day of reflection on your many years of fruitful service to humanity. It is my prayer that God Almighty grants you many more healthy, fruitful, and fulfilling years ahead, and continues to endow you with wisdom, strength, and the grace to keep contributing to our nation-building.
Happy Birthday, Your Excellency.
Michael Kaase Aondoakaa SAN.
Former Attorney General of the Federation and Minister of Justice
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