Connect with us

News

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

Published

on

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

Goodluck Jonathan’s Family Celebrates Son’s Graduation in UK

Published

on

By

Former President Goodluck Ebele Jonathan and former First Lady Patience Ibifaka Jonathan recently celebrated a significant family milestone as they attended the graduation ceremony of their son, Ariara Goodluck Jonathan, at Manchester Metropolitan University in the United Kingdom.

The proud parents joined family members and well-wishers to witness Ariara receive his degree, marking the successful completion of his academic programme. The occasion was filled with joy as the Jonathan family commemorated the achievement, highlighting the importance they place on education and personal development.

The graduation ceremony attracted warm congratulatory messages from friends, associates, and admirers, who wished the graduate continued success in his future endeavours.

Continue Reading

News

2027 BENUE GUBER: MORE TROUBLE FOR GOV ALIA

Published

on

By

The Following names joined the political family of Sen. Dr. George Akume today after leaving the sinking Alia ship .

Under the leadership of Barr. Emmanuel Jime .

The are ;
Chief Nelson Alapa
Douglas pepe SAN senatorial Aspirant zone A,
Engr Peter Ashiekaa
QS Clement Beetseh
Former commissioners
Joy Luga
Ann itodo
Barr martins Shaagee
Miss Dorcas
Prof Usar Joseh
Prof Cephas Tushima
Chief Patrick Idoko
Hon Patience Akor
Hon Fred Idoko
Hon Lawrence Ekpo Onoja Jnr
Hon Andrew Abah
Hon Agbo Innocent Ikwumonu
Hon Simon Omachoko
Hon David Egboja
Dr John Garba
Among together,

Continue Reading

News

ENGR. BELLO BABAYO BELLO FELICITATES VICE PRESIDENT KASHIM SHETTIMA ON RENOMINATION

Published

on

By

Engr. Bello Babayo Bello, FNSE, Executive Director (Networks) of the Niger Delta Power Holding Company (NDPHC), has extended his heartfelt congratulations to Vice President Senator Kashim Shettima, GCON, on his renomination as the Vice Presidential candidate for the 2027 general elections, alongside President Bola Ahmed Tinubu, GCFR.

In his message, Engr. Bello described the renomination as a beautiful affirmation of the Vice President’s enduring commitment to Nigeria’s unity, stability, and prosperity. He noted that Senator Shettima, himself a former Senator of the Federal Republic, has consistently embodied resilience, foresight, and a deep sense of responsibility, qualities that continue to inspire confidence across the nation.

“This renomination is a shining testament to your unwavering dedication to the Nigerian people,” Engr. Bello stated. “It reflects the trust of the party and the citizens in your ability to guide our country toward greater progress, peace, and prosperity. Your leadership has been a beacon of hope, and this endorsement is richly deserved.”

Engr. Bello further emphasized that Senator Shettima’s political journey has been marked by courage and service. From his tenure as Governor of Borno State to his current role as Vice President, he has consistently championed initiatives that address national challenges, foster economic growth, and promote inclusive development.

As a leader in the power sector, Engr. Bello highlighted the importance of visionary leadership in driving infrastructure and energy reforms. He expressed confidence that Senator Shettima’s continued role in government will further strengthen Nigeria’s capacity to deliver reliable power, expand opportunities, and improve the quality of life for millions of citizens.

He prayed that Almighty Allah grants the Vice President wisdom, strength, and good health to continue serving the nation with distinction. “May Allah bless your efforts, guide your decisions, and grant you success as you carry forward the responsibility of leadership,” he added.

The message concluded with a reaffirmation of goodwill and support: “Congratulations once again, Your Excellency. We look forward to your continued contributions to the peace, progress, and prosperity of Nigeria.”

Signed:Engr. Bello Babayo Bello, FNSEExecutive Director (Networks)Niger Delta Power Holding Company (NDPHC)

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.