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ECONOMIC SUMMIT: FG, CBN get commendations over post covid-19 interventions

The Central Bank of Nigeria has been commended over its timely intervention programmes geared towards eradicating poverty and addressing unemployment caused by the impact of COVID-19 pandemic.
The commendation was made by the President of Coalition of Civil Society Groups, Mr Etuk Bassey Williams, while delivering his welcome address during the 7th National Economic Summit, Monday in Abuja.
According to Williams: “The federal government through CBN intervention programmes further demonstrated its willingness to alleviate the sufferings resulting from unemployment and poverty.”
He added that the whole essence of CBN’s efforts is to create support for businesses in order to avert recession and headship during and post covid-19 pandemic
While the CSOs unanimously agreed at the end of the summit, that the federal government and the apex bank should be applauded for rising to the occasion and taking proactive steps to make policies geared towards cushioning the effect of the Covid-19 pandemic.
The summit with the THEME “POST COVID-19: UNDERSTANDING THE ECONOMIC INTERVENTIONS OF CBN & THE ROLES OF CIVIL SOCIETY GROUPS”, is meant to discuss the economic policies of the government and how it affects the populace.
“We believe that a summit like the economic summit will generate feedback to the government on policies so as to know whether it is working or not. Most significant of this summit is that it is taking place at a time when the world is facing a very disturbing and difficult economic situation resulting from the Covid-19 pandemic,” William stressed.
It will be recalled that major interventions by the CBN to tackle unemployment and alleviate poverty in Nigeria includes: Accelerated Agriculture Development Scheme (AADS), Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS)), Real Sector Support Facility (RSSF), Credit Support for Health Sector and Creative Industry Financing Initiative etc.
Williams, however, bemoaned the fact that the vast majority of Nigerians are not fully aware of some of the CBN’s intervention programmes to address economic challenges of Nigerians post-COVID-19.
“It is common knowledge that most people either are not aware of these interventions or do not know how to access the supports. It is our expectation that at the end of this summit we would have understood the scope and impact of the many intervention policies of the CBN on businesses and households, and also suggest to the government on how to sustain it and make it accessible,” Williams said.
After a robust discussion, the summit which was attended by over three hundred (300) CSOs, issued communique.
Here are issues agreed upon at the end of the summit:
1. That it is necessary and our responsibility to interrogate government actions and policies so as to put them on the right path;
2. That there is a need for training civil societies at the zonal level to help the government inform the citizens of government policies and intervention;
3. That there is need for behavioral change among the citizens towards properly understanding government policies;
4. That the civil societies should collaborate to discourage ethnic divide and promote unity;
5. That government should utilize community based organization to enlighten people at the community levels on government policies;
6. That the interventions of the Central Bank of Nigeria are appropriate and welcomed by all;
7. That the federal government and the CBN Should be applauded for rising to the occasion and taken the proactive steps to make policies geared towards cushioning the effect of the Covid-19 pandemic.
News
Oluwole Foundation Lifts 70 Branch Members Of C&S Church in Ilorin

Stephen Olufemi Oni, Ilorin
Barely a month after empowering no fewer than 70 members at the headquarters of the Cherubim and Seraphim Movement Church Worldwide in Ilorin, the Kwara State capital, the Oluwole Foundation has extended the noble gesture to 24 branches of the Church within Ilorin metropolis and Oke-Oyi.
In the new dispensation, the Oluwole Foundation provided material and financial support to additional 70 beneficiaries, costing the Foundation about N37m.
Fielding questions from journalists on the sideline of the programme, the Chairman of the Foundation, Pastor Moses Ademola Popoola, said the extension of the empowerment programme this year to the branches of the Church was in obedience to divine instruction and as a means to tackle poverty within the Church community.
“We have 62 branches under our Church, but this is the first time we are going beyond our headquarters. For now, we have covered 24 Churches and empowered 70 people, spending close to N37 million. This is not just charity; it’s also evangelism. Some people will not be converted through preaching but through welfare,” Pastor Popoola explained.
He urged beneficiaries to take the gesture seriously, work hard, and extend help to others, assuring the congregants of further expansion of the empowerment programme to cover more beneficiaries in the coming years.
“They should not see this as a national cake. Be prudent, save, grow your business, and from what you have, help someone else. That way, we help the family, society, and the nation,” he cautioned.
Pastor Popoola also called on other foundations, especially those owned by Christians, to carry out their work with sincerity, rather than for personal gain. “This service is first to God, then to society. When we help people genuinely, we reduce poverty, crime, and unemployment.”
The cleric, however, stressed the need for the government to prioritise agriculture and rural development in order to tackle poverty and unemployment ravaging the nation.
He added: “Every wealthy nation built its economy on agriculture. So, government should secure our farmlands, provide tractors, and support our farmers holistically. Let each region focus on its strength, like cocoa in the West and groundnut in the North. We must also develop rural areas with electricity, motorable roads, hospitals, and jobs to curb rural-urban migration.”
One of the beneficiaries, Mrs Janet Shaba, who expressed gratitude to the Oluwole Foundation for the kind gesture, promised that they would make judicious use of the items received.
End
News
Audu Ogbeh’s death a big loss for North Central: Kwara Gov

Stephen Olufemi Oni, Ilorin
Kwara State Governor AbdulRahman AbdulRazaq has expressed sadness over the death of former Minister of Agriculture and Rural Development, Chief Audu Ogbeh.
Governor AbdulRazaq said the death of Chief Audu Ogbeh is a big loss to the North Central Region, calling him a statesman, thoughts leader, and nationalist.
“Chief Audu Ogbeh was a dependable leader of our region. He earned the respect of all on account of his outstanding leadership and service to the nation at different times, especially during his time as Minister of Agriculture and Rural Development,” the Governor said in a statement on Sunday.
Governor AbdulRazaq has, however, sent his heartfelt condolences to the people and government of Benue State and to his family and associates.
He prayed to God to give the family the strength to bear the huge loss.
End
News
Ambode Declares Total Support for President Tinubu’s 2027 Re-Election Bid

• Dismisses claims of gubernatorial ambition under ADC.
Former Lagos State Governor, Mr. Akinwunmi Ambode, has publicly reaffirmed his unwavering loyalty to the All Progressives Congress (APC) and President Bola Ahmed Tinubu, pledging full commitment to the President’s 2027 re-election campaign.
In a strongly worded statement, Ambode dismissed recent speculations linking him to a governorship ambition under the African Democratic Congress (ADC), describing the reports as “false publications” aimed at causing distractions.
“I wish to publicly reaffirm my absolute and unshakable loyalty to the APC, the party under which I had the privilege of serving Lagos State as governor in 2015, and to President Bola Ahmed Tinubu, my leader, mentor, and a tireless champion for Nigeria’s progress,” Ambode said.
The former governor praised President Tinubu’s leadership style, describing him as a “proven achiever and result-oriented leader” whose administration has delivered significant reforms in pensions, student loan accessibility, youth empowerment, and national economic growth.
Highlighting key achievements of the Tinubu administration, Ambode pointed to the elimination of fuel scarcity, improved security measures, and policies designed to improve the lives of ordinary Nigerians.
“His focus, determination, and inclusive governance style are restoring hope and delivering tangible results. I am convinced that, given another four years, Nigerians will have even greater reason to celebrate,” Ambode stated.
He urged party faithful and Nigerians at large to ignore political distractions, pledging to work tirelessly to strengthen the APC and ensure President Tinubu’s victory in 2027.
“Let it be clear: I stand solidly with President Bola Ahmed Tinubu and the All Progressives Congress. We will work together to ensure victory in 2027 to continue delivering the dividends of democracy to all Nigerians,” Ambode concluded.
Ambode’s declaration comes amid growing political realignments ahead of the 2027 general elections, with the former governor making it clear that his political loyalty remains firmly with the APC and its leader.
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