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We Have Disbursed N100bn In Five Years To Support Businesses —- Keyamo

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Festus Keyamo, minister of state for labour and employment, says the federal government has disbursed N100 billion in five years to support businesses.

Keyamo, who was represented by Abubakar Nuhu Fikpo, director-general of the National Directorate of Employment (NDE), disclosed this in a statement issued on Sunday.

Speaking at an empowerment programme held in Jos, the minister said the disbursement of N100 billion was done through the Development Bank of Nigeria since 2017.

“You will all agree with me that unemployment is one of the remote causes of banditry, terrorism, corruption and other forms of criminality,” the statement reads.

“Even though the Federal Government is working hard at check terrorism and all other forms of criminality and violent crimes, it is equally prosecuting the war against mass unemployment.

“I am proud that the National Directorate of Employment (NDE), whose board I am privileged to chair and also directly supervise, is effectively leading that war against mass unemployment.

“Let me inform you all that the Federal Government has put all plans in place to ensure that businesses succeed in Nigeria.

“The present administration has launched a series of funding and capacity development initiatives designed to support Micro, Small and Medium Enterprises (MSMEs).

“Since 2017, the Development Bank of Nigeria has disbursed a total of N100 billion through the bank’s 27 participating financial institutions (PFIs), thereby impacting more than 100,000 MSMEs.

“It is heartwarming to note that 52 percent of loans disbursed in 2019 and 2020 were to youths and women-owned businesses.”

He added that empowerment programmes for women were designed to ensure that beneficiaries acquire relevant skills for starting their own businesses.

“Our goal is to provide them with quick income-generating opportunities because of their roles in providing family support and sound social stability at the very foundation of society,” he said.

“I am proud to inform you that the Women Employment Branch (WEB) of the Small Scale Enterprises Department of the NDE is responsible for driving initiatives aimed at providing ample opportunities for women with the entire framework of our employment creation processes.

“Our objective in empowering women is clear. We create employment for women to improve their socio-economic status, reduce poverty, create wealth and boost their leadership qualities so that they can have a say in their immediate community in relevant decision-making processes.”

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JUST IN: President Tinubu, Shettima, Governors, Other VIPs To Pay Toll At Airports

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As part of the Federal Government drive to boost its revenue, the Federal Executive Council (FEC) has mandated that President Bola Tinubu, Vice President, Kashim Shettima, Governors and other dignitaries henceforth pay the required fees at tollgates whenever they use the nation’s airports.

The approval was made days after it was revealed that at least 82 percent of airport tollgate revenue is lost through non-paying Very Important Personalities (VIPs).

 

More to come…

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How Content Creator Was Shot Dead On Set In Abuja Over N2,000

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A fast-rising Nigerian content creator, Chidike Emmanuel, has been murdered by gunmen in Mpape, Abuja.

It was gathered that the skit maker was among six persons attacked by the gunmen last Saturday in the federal capital territory.

According to The Cable, source familiar with the incident said that Emmanuel was killed at the location of a project he was supposed to feature in.

The insider disclosed that the gunmen initially demanded money in order to allow them to shoot at the location.

The content creator was said to have given the armed men N2,000. However, what transpired that led to the shooting of the cast members remains unknown.

It was gathered some of the cast members who ran for safety suffered injuries.

Some users close to Emmanuel took to X to mourn the deceased while demanding justice.

“Chidike Emmanuel Obinna I have known you since 2018 You are such a calm and kind soul You couldn’t attend my wedding because you were far away but you sent me your gift #Justiceforchidi,” Helen wrote.

On her part, Rakeli added: “Obinna Chidike Emmanuel, please don’t die please. Pick my calls, reply my chat and tell me all that I am hearing is a lie. Biko I am loosing my mind”.

Efforts to reach Josephine Adeh, the FCT police spokesperson, to comment on the matter have been abortive.

Calls and messages to Adeh’s phone have not been responded to, as of the time of this report.

The development comes a few weeks after Junior Pope passed away after a boat accident on the River Niger in Asaba, Delta state.

The actor and some crew members were heading to a movie location when the boat accident occurred.

His family disclosed that the actor’s final rites will be held on May 17.

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Police Arrest Man ‘Strapped With Bomb’ Inside Bank In Plateau

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Security operatives have apprehended a man strapped with Person Borne Improvised Explosive Device (SPBIED) inside a bank in Plateau.

The individual was arrested at a bank in Dadin Kowa town, which is in Jos South LGA of the state, according to Zagazola Makama, a counter-insurgency journal that focuses on the Lake Chad region. According to the article, the incident happened on May 13.

Makama was informed by intelligence sources that the individual intended to set off the explosives at the bank, but a vigilante officer noticed him and alerted the authorities.

According to the publication, an enraged mob encircled the suspect after he was captured and demanded that he be murdered.

Makama could not confirm if the suspect is connected to the fighters of the Islamic State of West Africa Province (ISWAP).

The publication added that the suspect is in the custody of the police and currently undergoing investigation.

Nigeria has been battling insurgency for two decades, with suicide bombings, displacement of entire communities and kidnapping for ransom by the terrorists, recorded in that span.

The United Nations Children’s Fund (UNICEF) said about 83 children, mostly girls, were used as human bombs in 2017 alone.

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