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CBA Foundation Shares Food, Cash to Anambra Widows

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CBA Foundation Anambra Widows

By Aduragbemi Omiyale

As part of the New Year celebration, the Chinwe Bode-Akinwande (CBA) Foundation, a non-governmental organization in Nigeria, has put smiles on faces of some widows in Nnewi, Anambra State.

The event, which was held on Friday, January 1, 2021, had excited widows numbering over 55 going home with food-items and financial empowerment.

Speaking at the event, the founder of the NGO, Mrs Chinwe Bode-Akinwande, said the basis for diligently driving the foundation is derived from the passion and need to impact the lives of underprivileged widows who have gone through so much pain and discrimination and might have lost hope.

“We give hope to the hopeless. We are driven to support underprivileged widows to have a positive outlook on life despite the problems they experience by losing their loved one, mostly the breadwinner of the family.

“At the moment, we have over 1,200 authentic widows on our profile. The successes have been enormous, many women are now business owners and are able to not just fend for their families but are employers of labour. Over 40 children who had lost hope in education are back to school, through the payment of school fees as well as provision of stationeries. Twenty-six underprivileged widows through our medical intervention recovered from stroke.

“We have reached out to over 5,600 underprivileged widows and over 850 children through our International Widow’s Day outreaches since we started with food items, clothing, skill acquisition training, and financial empowerment to some selected and medical outreaches. We can go on and on but time wouldn’t permit me,” she said.

Mrs Bode-Akinwande added: “We have a long term expansion plan but what matters to us at CBA Foundation is our immediate environment.

“This indeed forms the basis for expanding our environment beyond Lagos, Ogun and Anambra which we currently cover. We are hopeful that more individuals and organisations will support us to spread across the country and beyond.”

At the Nnewi outreach, the widows expressed gratitude to the foundation as some were seen with smiles and relief on their faces.

According to Mrs Nwosu, one of the widows, a bitter kola and palm kernel trader, every market day, she goes to the town’s market society to borrow money to be able to buy and resell; she thereafter returns the money along with a part of the profit.

Mrs Nwosu was given a seed capital for bitter kola and palm kernel business by the CBA Foundation.

Mrs Nnodu is a mother of three. She and her kids hawk fruits on the streets. They share the routes they have to cover daily. To boost her income, she used to borrow money from the women group to sell plastics but was unable to meet up interest and timelines. She became a lucky beneficiary of CBA Foundation seed capital for the plastic business and packaging of the fruits.

Just like Nwosu, periodic checks and reports are to be done by leaders of their respective groups to track their progress, Mrs. Chinwe Bode-Akinwande, the CBA founder said.

For Mrs Okonkwo, the kids’ welfare had remained a huge challenge. The widow who cleans the streets and takes care of her very aged mother, wants to start a poultry business that can fetch her money, take care of the sick aged mother with her is enough for her to cater for her kids. CBA has come to her rescue also by providing seed capital for the poultry business which will be tracked by her group leader just like others who were empowered the same day of outreach.

One of them, Mrs Akoma, goes into thick bushes to fetch firewood, arranges them and takes to different market days to sell and earn a living. Akaoma was also among the beneficiaries of the seed capital to start a business to immediately stop the risk to her life in the thick forest.

The CBA Foundation is primarily dedicated to promoting the protection of Nigerian underprivileged widows and their vulnerable children, restoring immediate and lasting hope, confidence, and courage in their lives.

Established in 2015, the foundation, under its five-point agenda, has reached out to thousands of underprivileged widows and children through skills acquisition training, health intervention, business start-ups and provision of clothing, nutrition and tuition fees for the children.

A breakdown shows 5,600 widows have been empowered through its women empowerment and capacity building initiative; over 3,500underprivileged widows have received health intervention while over 3,600 have received food items.

The foundation has also reinstated 45 children in schools, empowered 120 widows financially to start a business of their own and provided palliatives to 250 widows during the COVID-19 pandemic lock-down.

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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Five Transmission Towers Collapse Along Ikot Abasi–Eket 132kV Line

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Ikot Abasi–Eket 132kV Double Circuit Transmission Line

By Modupe Gbadeyanka

The Transmission Company of Nigeria (TCN) has confirmed the collapse of five transmission towers along the Ikot Abasi–Eket 132kV Double Circuit Transmission Line.

This was attributed to severe acts of vandalism, as TCN disclosed that the structure collapsed after vandals removed critical structural bracing members.

The affected towers were N9, J4, N10, N11 and N12, the organisation said in a statement on Friday.

It explained that the extensive damage was discovered during a routine joint line patrol conducted on August 9, 2026, by TCN linesmen.

Further inspection revealed that structural members from seven additional towers along the same transmission corridor had also been removed and stolen. The towers, J3, N8, N13, N14, N15, N18 and N19, are now structurally compromised and pose a risk of further collapse.

TCN condemned this act of sabotage and reiterated its commitment to working hard to maintain a robust and reliable national grid.

The statement said that to mitigate the impact on electricity supply, the network has been reconfigured to prioritise supply to Ekim transmission station, leaving Ibom Power as the only station without supply.

TCN said it is mobilising an urgent intervention to complete the reconstruction of the affected sections of the line, with security agencies also notified to aid investigations and prevent further acts of vandalism along the line route.

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Abbas Warns Against Delay in Implementing New Ports Regulatory Act

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speaker abbas

By Adedapo Adesanya

The Speaker of the House of Representatives, Mr Tajudeen Abbas, has urged all relevant government agencies to promptly initiate actions for the full implementation of the Nigerian Ports Economic Regulatory Agency Act, 2026, following its signing into law by President Bola Tinubu.

The bill, sponsored by Speaker Abbas, was aimed at repealing the Nigerian Shippers’ Council Act, Cap. N133, Laws of the Federation of Nigeria, 2004, and establish the Nigerian Ports Economic Regulatory Agency to ensure effective economic regulation of Nigerian ports while safeguarding the interests of shippers, service providers, and users of regulated port services. With the President’s assent, it has now been enacted as an Act of Parliament.

The legislation represents one of the landmark achievements of the 10th National Assembly. It reflects the Speaker’s commitment to legislative excellence, institutional reform, and sustainable economic growth, according to a press statement by the Special Adviser on Media and Publicity to the Speaker, Mr Musa Krishi.

The bill underwent a rigorous and inclusive legislative process, including extensive stakeholder consultations and a public hearing. It was passed by both Chambers of the National Assembly and subsequently assented to by the President.

The Act provides a robust legal and institutional framework to ensure effective economic regulation of Nigerian ports by fostering transparency, competitiveness, and efficiency in port operations; protecting the rights and interests of shippers, service providers, and other port users; and aligning Nigeria’s port regulatory system with global best practices, thereby enhancing the ease and cost-effectiveness of doing business.

Despite receiving presidential assent, the Act has yet to be fully operationalised.

He warned that any further delay would undermine the legislative intent of the reform, prolong the exposure of port users to arbitrary charges and operational inefficiencies, and deny the nation the anticipated benefits of increased revenue, improved trade facilitation, and stronger investor confidence in the marine and blue economy sector.

The Speaker urged the Federal Ministry of Marine and Blue Economy, in collaboration with all relevant Ministries, Departments and Agencies (MDAs) of the federal government, to take the necessary administrative, institutional, and financial measures for the prompt implementation of the Act.

He said this should include the formal transition to, as well as operational empowerment of, the Nigerian Ports Economic Regulatory Agency to discharge its statutory mandate effectively.

The full implementation of the Act is critical to unlocking the economic potential of Nigeria’s ports, reducing the cost of doing business, strengthening trade competitiveness, and positioning Nigeria as the leading maritime and logistics hub in West and Central Africa.

The statement noted that the Speaker reaffirmed the 10th House’s commitment to exercising the necessary legislative oversight to ensure this landmark legislation, along with others assented to by the President, is fully implemented and achieves its intended goals for the benefit of the Nigerian people.

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FG, NiYA, Cascador Partner to Turn Youth Ideas into Investable Businesses

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Nigerian youths

By Adedapo Adesanya

The Federal Ministry of Youth Development (FMYD), through the Nigerian Youth Academy (NiYA), has partnered with Cascador, a Nigeria-focused platform for growth-stage founders, to provide funding and support for the next generation of Nigerian youth entrepreneurs.

The announcement coincides with International Youth Day 2026, whose global theme this year — Different Contexts, Common Aspirations — calls on institutions to close the gap between young people’s circumstances and their opportunities. The pilot is an early step toward NiYA’s broader ambition to train and empower 7 million Nigerian youth within two years.

The NiYA and Cascador Founders Programme will begin with a pilot cohort of 20 early-stage Nigerian youth founders, including entrepreneurs without formal business registration or established financial records.

Over four weeks, participants will undergo intensive training focused on business fundamentals, investment readiness and pitch preparation. At the end of the programme, the eight top-performing founders will receive non-dilutive funding of up to N5 million each from Cascador, alongside an Enterprise Resource Planning (ERP) solution to help them structure, manage and scale their businesses.

The funding and support will be presented at a Pitch Day organised by NiYA and the Federal Ministry of Youth Development.

The Minister for Youth Development, Mr s Ayodele Olawande, said the partnership would enable NiYA to move beyond training by helping young people transform ideas into investable businesses and achieve sustainable economic participation through business preparation and access to capital.

“The pilot is deliberately designed to test a model that can go beyond one cohort. If young founders can be identified early, prepared properly, connected to credible capital and supported to build stronger business systems, then access to opportunity becomes less dependent on background or existing networks. That is the larger objective: to build a youth entrepreneurship ecosystem in which readiness, ideas and execution can increasingly determine who gets the opportunity to grow.”

The pilot will run in-person in Abuja with virtual touchpoints and 1:1 mentorship. All 20 graduates retain NiYA alumni status, with priority consideration for future opportunities.

NiYA and FMYD have already shown what real commitment to Nigeria’s youth looks like — the platforms, the reach, the ambition to train millions. What we’re building together now is the missing piece, a practical bridge from the ideation stage to real capital-readiness. When a Ministry so dedicated to its young people asked Cascador to help build that bridge, it was an easy decision,” said Trish Thomas, CEO of Cascador.

Ms Oyin Solebo, COO of Cascador and former Managing Director of the ARM Labs Lagos Techstars Accelerator, highlighted the partnership’s impact, saying, “This is what innovative capital deployment looks like: a government building real investment readiness at scale, and a partner meeting that foundational work with non-dilutive funding at exactly the moment it’s needed. Partnerships like this open doors that neither of us could open alone.”

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