News
KWASSIP GM Hails AbdulRazaq For Granting 360 Young Business Owners N229.5m Non- interest Loans
Stephen Olufemi Oni, Ilorin
The Acting General Manager of Kwara State Social Investment Programmes (KWASSIP), Dr. Wasiu Tejidini has hailed Governor AbdulRahman AbdulRazaq for approving non- interest loans for 360 Kwara-based startups owned by young people.
Tejidini made the commendation in Ilorin, the state capital on Thursday
at the fourth (4.0) edition of KWAPRENEUR, an initiative of the state government that gives financial support — ranging from N3m downward — to businesses owned mainly by young people.
The KWASSIP chief expressed delight that the programme is having positive impacts in helping to spread prosperity, especially among young people who do not have collateral to access bank facilities.
He explained further: “Beneficiaries of the previous editions have told the stories of positive changes in their businesses.
“It is in this regard that His Excellency, Mallam AbdulRahman AbdulRazaq, deemed it fit to further support Kwara-based MSMEs, being fully aware of the challenges facing young entrepreneurs in the areas of status and expansion funds.”
Tejidini thanked the Governor for encouraging the youth to be self-reliant.
Speaking at the event, Governor AbdulRazaq said building a stronger economy requires extending adequate support to small and medium scale businesses.
AbdulRazaq presented cheques of varying amounts to different winners who had earlier pitched their businesses before a panel of judges drawn from different backgrounds in the state.
Some of the star winners included Akingboye Anuoluwapo, who is into Tomato Paste production (N2 million); Sifau Adewoye Mashood, a skincare therapist (N2 million); Bamidele Tinuola Suzan, a Shea-butter producer (N2 million); Peleowo Surura (N1.5m); Saka Shehu Olayinka, local aluminum pot maker (N1.5m); and Saliu Fatimah Adejumoke of Baytu Tejmeel Natural Resources Nigeria Ltd (N1.5m).
A total of N229,565,000 was disbursed under the initiative to the 360 beneficiaries who said it would help to expand their businesses and create more jobs.
“This is the fourth phase of supporting the MSMEs with non-interest funds since the inception of the present administration. This shows our consistency and commitment to boost economic activities and make life worth living for all.
“Our core objective is to encourage self-reliance among young people through entrepreneurship and innovation, especially small-scale businesses that are the life wire of any economy,” the governor said.
AbdulRazaq congratulated the winners for scaling through a rigorous pitching, and urged them to make judicious use of the funds and pay back so that others can benefit.
“To all of you beneficiaries, I urge you to see this as revolving funds, which are meant to support several startups and initiatives owned by young people. When you make good use of the money and pay back as you should, you would have contributed your own quota to the socioeconomic growth of our state through job creation and poverty reduction.
“For those who did not get in this round, there will be another day. Stay positive and continue to do your best,” he stated.
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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