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FG Disburses N130m Grant To 6,511 Vulnerable People In Katsina

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The federal government on Thursday began the disbursement of a N130 million grant to 6,511 vulnerable persons in the 34 local government areas of Katsina State.

Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar-Farouq, flagged off the disbursement.

She said beneficiaries were selected through the Grant for Vulnerable Groups (GVG) program of the Federal Government, NAN reported.

“GVG was first introduced in 2020 as Grant for Rural Women to sustain the social inclusion agenda of President Muhammad Buhari’s administration for the poor and the vulnerable,” she said.

“The project is consistent with the president’s agenda of lifting 100 million Nigerians out of poverty in 10 years.

“GVG provides a one-off grant of N20,000 to some of the poorest and most vulnerable Nigerians, especially in the rural and semi-urban areas in the 36 states of the Federation and the FCT.

“This is to empower beneficiaries to improve their productivity and grow their commercial activities to ease them out of poverty.”

The minister stressed that Katsina State’s grant is one of the highest in the country taking into account the impact of insurgency, banditry, and a large number of Internally Displaced Persons in the state.

“The president directed that 70 percent of beneficiaries must be women, while the remaining 30 must be youths.

“He also directed that a minimum of 15 percent of the beneficiaries must be citizens with special needs, including Persons with disabilities and senior citizens.

“It is expected that beneficiaries will use the grant judiciously to improve their productivity, create wealth, generate employment and improve their standards of living,’’ the minister said.

Umar-Farouq said she was also in Katsina State for the rollout of the Government Enterprise and Empowerment Programme (GEEP 2.0).

“The program is designed to create more opportunities and loans for the poor, the vulnerable, and low-income Nigerians involved in viable informal productive activities with limited financial requirements.

“It gives priority to the most vulnerable, especially widows, youths, the disabled, and the displaced.

“GEEP has three unique products: `TraderMoni loan’, `MarketMoni loan’ and `FarmerMoni loan.

“TraderMoni loan is N50,000 and is targeted at uplifting underprivileged and marginalized youths between the ages of 18 years and 40 years.

“MarketMoni loan, also of N50,000 targets underprivileged and marginalized women, especially widows and divorcees, among other vulnerable groups.

“FarmerMoni loan ranges between N50,000 and N300,000 and is designed for small-scale farmers to improve their productivity and to graduate into commercial agriculture,’’ she said.

She added that 353,316 beneficiaries were targeted to benefit in the first phase of GEEP implementation nationwide.

“So far 1,142,783 potential beneficiaries have been registered for the program in the 774 local government areas of the federation.

“In Katsina State alone, 59,161 potential beneficiaries were registered out of whom 13,000 have been verified to benefit,’’ Umar-Farouq said.

BIG STORY

JUST IN: Court Remands Yahaya Bello In EFCC Custody Amid Alleged N110bn Fraud Case

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The Federal Capital Territory (FCT) High Court has remanded Yahaya Bello, former governor of Kogi, in the custody of the Economic and Financial Crimes Commission (EFCC).

Bello was arraigned on a 16-count charge related to alleged money laundering on Wednesday.

He pleaded not guilty to all the charges.

 

More to come…

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First Phase Of 10,800-Bed Hostel In LASU Ready — Tokunbo Wahab

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The first phase of a 10,800-bed hostel project at the Lagos State University (LASU) is now ready for inauguration, according to Tokunbo Wahab, former special adviser to the governor on education.

Wahab, who is now commissioner for environment and water resources in Lagos, describes the project as ambitious and transformative.

“ It remains one of the most ambitious and transformative projects undertaken during my time as the Special Adviser to the Governor on Education,” he wrote on X.

“It was executed through a Public-Private Partnership (PPP) model under a Build-Operate-Transfer (BOT) arrangement which involves seven reputable investors.”

Wahab commended Babajide Sanwo-Olu, Lagos governor, for his leadership and continuous support.

“Proud of the work done here and to have been a part of this special one,” he added.

“Through the grace of God and the unwavering support and the dedication of the Lagos State Office of Public-Private Partnerships, the relentless efforts of the management staff of LASU, led by Vice Chancellor Prof. Ibiyemi Olatunji-Bello, and the cooperation of other key stakeholders, the first phase of this landmark project has now been completed.”

Wahab emphasized that the project showcases the state government’s commitment to leveraging public-private partnerships to address critical infrastructure needs in the education sector.

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JUST IN: Yahaya Bello Pleads Not Guilty In Alleged N110bn Fraud Case

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Former Kogi State Governor, Yahaya Bello, has pleaded not guilty to the 16-count charge filed against him by the Economic and Financial Crimes Commission (EFCC) over his alleged involvement in a N110 billion fraud.

Bello was arraigned on Wednesday before Justice Maryanne Anenih of the Federal Capital Territory High Court in Abuja.

The former Kogi governor had been declared wanted by the EFCC in April 2024.

 

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