Lagos Distributes Generators, Phones, Others to Residents

Image

By Modupe Gbadeyanka

As part of efforts to empower its residents, the Lagos State government has distributed various empowerment tools to 1,000 persons.

The distribution was done by the Ministry of Women and Poverty Alleviation (WAPA) and the beneficiaries were mainly vulnerable women and indigent residents in the state.

Some of the items shared with the aim to reduce poverty in the metropolis included grinding/milling machines, sewing/whipping machines, hairdressing appliances, sterilising sets, popcorn production machine, generators and android phones for digital marketing.

At the distribution on Wednesday, the Lagos State Governor, Mr Babajide Sanwo-Olu, who was represented by Secretary to the State Government (SSG), Mrs Folashade Sherifat Jaji, explained that the gesture was in line with his administration’s objective to alleviate poverty, through the implementation of empowerment programmes targeted at women and other vulnerable groups in society.

He expressed optimism that the items will help immensely in overcoming the effect of the current harsh economic realities occasioned by the COVID-19 pandemic and other factors in the state.

“This programme was initially held once a year, but we have increased it to four times in a year. This is because we want to increase the number of beneficiaries.

“With the empowerment programme, we have been able to positively impact the lives of our women, who have become economically productive with the resultant improvement in their quality of lives and that of their families,” he said.

Mr Sanwo-Olu urged the beneficiaries to make judicious use of the resources made available to them with taxpayers money, noting that the motive was to make them economically and financially independent.

“As a government, we will continue to give our support to initiatives aimed at developing the human capacity, innovation and entrepreneurial skills.

“We shall continue to improve the capacity of our vocational skills acquisition centres to impact relevant skills on a current and emerging economic environment,” the Governor said.

Governor Sanwo-Olu advised that young women should take advantage of the tuition-free vocational training programmes to learn skills that will give them opportunities of becoming entrepreneurs and employers of labour in the nearest future, irrespective of their academic qualifications.

“I assure you all that the State government will continue to give you its support through supplies of empowerment tools to boost your businesses,” he said.

On her part, the Commissioner for Women Affairs and Poverty Alleviation, Mrs Bolaji Dada, stated that the empowerment initiative serves as a means of improving the political, social, economic and health status of Lagos residents, stressing that the programme was also essential for the achievement of a sustainable development order within the state.

“Beneficiaries of today’s programme are indigents, vulnerable residents, graduates and widows, whom fate had rendered financially incapacitated across the 20 Local Government and 37 Local Council Development Areas of Lagos State.

“As a Ministry created to oversee women affairs, we see a mirage of problems presented by various case studies on a daily basis.

“Evidently, our indigent residents especially women, need so much support to carry out a multidimensional role often requiring empowerment for effective execution,” the Commissioner said.

Share
Related Stories
Image
17-September-2023

Enugu Group Congratulates Governor Mbah on Supreme Court Victory

By Modupe Gbadeyanka A socio-political group known as Save Enugu Group has congratulated Governor Peter Mbah of Enugu State on his recent Supreme Court victory. The organisation described the victory as well-deserved, urging politicians in the state to join forces with the governor to move the state forward. Last Friday, the country’s apex court dismissed an appeal filed by the candidate of the All Progressives Congress (APC) in the governorship election in the state, Mr Uche Nnaji. The opposition party challenged the victory of Mr Mbah of the Peoples Democratic Party (PDP) in the March 18, 2023, gubernatorial poll, asking

Image
22-September-2023

YouTube Unveils New Generative AI Products as Shorts Hits 70 billion Daily Views

By Aduragbemi Omiyale An artificial intelligence-powered feature, Dream Screen for Shorts, designed to redefine how creators use YouTube, has been unveiled by the video streaming platform. The feature was introduced by the tech giant on Thursday alongside others at the Made On YouTube event. It was created to allow YouTube creators to reach more viewers. According to the firm, Dream Screen allows creators to add AI-generated video or image backgrounds to their Shorts simply by typing an idea into a prompt. With Dream Screen, creators will be able to generate new, fantastic settings for their Shorts that are only limited

Image
19-September-2023

Firm Plans ‘Street Food Celebration’ to Showcase Nigerian Cuisine

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

More Stories
Image
21-April-2020

Bayelsa Governor to Spend N242.3bn in 2020

Governor Douye Diri of Bayelsa State on Tuesday said his administration intends to spend the sum of N242.3 billion in the 2020 fiscal year. Mr Diyi made this disclosure when he presented the 2020 appropriation bill to the Bayelsa State House of Assembly today. This was his first budget presentation since he assumed office about two months ago after succeeding Mr Seriake Dickson, who governed the state for eight years. Mr Diri, who tagged his maiden budget as Consolidation for Prosperity 2020, informed the state lawmakers that the appropriation bill defines the structure for the economic activities to be undertaken

Image
26-September-2021

Oyo SUBEC Adopts Iwe-Kika For Out-of-School Children

By Modupe Gbadeyanka A literacy book, Iwe-Kika, has been adopted by the Oyo State Universal Basic Education Board for implementation of Better Education Service Delivery for All in Oyo State. Iwe-Kika is a fun and interactive teaching tool that uses phonics literacy teaching methodology in Yoruba language. The book is recommended by the Universal Basic Education Commission for BESDA States. Speaking at the end of a 3-day meeting on content development and adoption of iwe kika in Ibadan, the Executive Chairman of Oyo SUBEB, Mr Nureni Adeniran, said the literary book was recommended to teach out of school children because

Image
15-May-2019

Treasury Bills Yields Shed 0.11% Amid Buy Pressure

By Dipo Olowookere Average treasury bills yields declined on Tuesday ahead of the Primary Market Auction (PMA) on Wednesday by the Central Bank of Nigeria (CBN). Business Post reports that buying pressure from investors pushed the yields downward yesterday by 0.11 percent to settle at 12.49 percent. It was observed that at the market yesterday, only the six-month bill recorded an uptick, appreciating by 0.07 percent to close at 13.18 percent. The one-month instrument went down by 0.13 percent to finish at 11.64 percent, the three-month bill declined by 0.23 percent to end at 11.06 percent, while the one-year bill

Image
04-August-2018

NCDMB Partners India on Research, Development

By Olubori Oduntan A partnership to develop the Nigerian oil and gas industry’s capabilities for research and innovation has been entered into between the Nigerian Content Development and Monitoring Board (NCDMB) and India. The collaboration is aimed at leveraging on India’s advancement in Information and Communication Technology (ICT) to achieve the above target. A statement issued by NCDMB explained that the agency would work together with the Indian Government and its relevant institutions. Executive Secretary NCDMB, Mr Simbi Wabote, in company with some senior officials of the agency, held a crucial meeting with the Indian High Commissioner to Nigeria, Mr

Image
27-September-2019

$9.6bn Debt: Nigeria to Deposit $200m in 60 Days

By Adedapo Adesanya On Thursday, a British Court sitting in London said Nigeria can challenge the $9.6 billion fine awarded in the legal battle with Process & Industrial Development (P&ID) if it deposits $200 million within the next two months. Christopher Butcher, a justice of the Commercial Court in London, also ruled that Nigeria must pay $250,000 to the Irish engineering company as its running costs within 14 days. Nigeria was however granted a stay of execution of the arbitral award on the condition that $200 million be deposited within 60 days. If Nigeria fails to deposit the amount in

Image
30-November-2020

Investors Resume Trading FTN Cocoa Stocks After Suspension

By Dipo Olowookere The suspension earlier place on the shares of FTN Cocoa Processors Plc by the Nigerian Stock Exchange (NSE) has been lifted. The embargo was removed last Friday after the company adhered to the listing rule it earlier violated that led to the suspension in the first place. FTN Cocoa was one of the six companies suspended from the trading floor of the exchange on September 1, 2020, for failure to file their financial statements. The latest development has now given investors to begin trading the shares of the company at the stock market after two months. Confirming

Image
18-June-2020

Pressure Mounts on Naira, Sells at N452/$1

By Adedapo Adesanya The Naira further dropped to N452/$1 at the Bureaux De Change (BDC) segment of the foreign exchange (forex) market in Lagos as on Wednesday, June 17. The depreciation in the value of the local currency against its American counterpart was caused by the return of pressure on the former. According to data sourced by Business Post from the Association of Bureau De Change Operators of Nigeria (ABCON) yesterday, the exchange rate of the Naira to the Dollar at the Lagos BDC market on Tuesday was N450/$1, indicating a N2 change. At the same location of the market

Image
05-November-2016

M-Net Thrills Subscribers With Harry Potter Pop-Up Channel

By Modupe Gbadeyanka Subscribers of popular payTV, DStv, but on the premium package, will have the opportunity to enjoy a special Harry Potter pop-up M-Net channel from Friday, November 4, till Sunday, November 13, 2016, MultiChoice Nigeria, the parent company of DStv has disclosed. The channel would be viewed for only 17 hours per day from 5am until 10pm on channel 109. MultiChoice explained that it is doing this to celebrate its big 3-0. M-Net has continued to treat viewers to magical entertainment leading up to the worldwide release of Warner Bros. Pictures’ Fantastic Beasts and Where to Find Them.

Ad
Ad
Recent Stories
Image
26-September-2023

NGX Performance Indices Drop 0.66% on Access Holdings’ Disappointing Interim Dividend

By Dipo Olowookere The Nigerian Exchange (NGX) kicked off the first trading session in the last week of the third quarter of the year on a negative note, with the key performance indices going down by 0.66 per cent on Monday. This was partly caused by the reaction of investors to the 30 Kobo interim dividend declaration of the board of Access Holdings Plc. A few days ago, its peer, UBA Plc, raised its interim dividend payment by 150 per cent to 50 Kobo and it was expected that Access Holdings would follow the same path. However, the company disappointed

Image
25-September-2023

Nigeria’s Internet Speed Averages 25Mbps

By Bliss Okperan Nigeria’s internet speed averages 25 megabits per second (Mbps), according to data from Surf Shark, a cybersecurity company focused on developing humanised privacy and security solutions. The ranking, contained in the 5th annual (Digital Quality of Life Index (DQL), showed that the country dropped two places to 7th from 9th within the last two years. A quick average analysis shows that at an average of 25 Mbps, Nigeria is far from the world’s fastest fixed internet Singapore, which is 300 Mbps and is ahead compared to the slowest fixed internet in the world, Yemen, which is 11

Image
25-September-2023

Bello Sacks Special Adviser Anthony Ogah

By Bliss Okperan The Kogi State Governor, Mr Yahaya Bello, has ordered the immediate removal of his Special Adviser on Stakeholders Relations, Mr Anthony Ogah. A statement issued on Monday by the Secretary to the Government of the state, Ms Folashade Ayoade, confirmed this development, though it did not state the reason surrounding the sacking of the Governor’s aide. However, it was disclosed that the termination of Mr Ogah’s appointment was with effect from Sunday, September 24, 2023. He has been directed to submit all government items. “In light of this press release, Mr Anthony Ogah is instructed to promptly

Image
25-September-2023

ASUU President Warns High School Fees Could Lead to Future Crisis

By Bliss Okperan The National President of the Academic Staff Union of Universities (ASUU), Prof Emmanuel Osodeke, has warned the rising school fees of tertiary institutions in Nigeria could backfire in the future if nothing is done by the federal government to stop it. Speaking on Channels TV Sunday Night, the union leader said in two years’ time, about 40 to 50 per cent of students in universities across the country could drop out of school because of their inability to pay the high fees. The don urged the federal government to stop the arbitrary increment in school fees by

Image
25-September-2023

Adelabu Calls for Collective Efforts Towards Nigeria’s Energy Sector

By Adedapo Adesanya The Minister of Power, Mr Adebayo Adelabu, has called for collective efforts to shape the energy sector in Nigeria, noting that no meaningful economic growth can be achieved without it. Mr Adelabu said this at the Nigeria Energy 2023 leadership summit recently held in Lagos, with the theme Unlocking new value with reforms, investments, and technology which saw in attendance industry leaders. The Minister said, “Energy is the lifeblood of any modern economy of which Nigeria is no exception. No meaningful economic growth or industrial development can be achieved without energy. “We can be talking of potential

Image
25-September-2023

NASD OTC Bourse Extends Green Run by 0.41% in Week 38

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange continued its weekly positive run as it extended its gains by 0.41 per cent in the 38th week of trading in this year. The bullish posture was supported by the improvements in the share prices of six companies admitted to the alternative stock exchange in Nigeria. This increased the NASD Unlisted Securities Index (NSI) by  2.30 points from 805.65 points in the previous week to 808.95 points, as the market capitalisation of the bourse was relatively unchanged on a week-on-week at N1.140 trillion. Food Concepts Plc led the price gainers’ after

Image
25-September-2023

Cardoso Must Clear FX Backlog, Create Autonomous Forex Window—CPPE

By Adedapo Adesanya The Centre for the Promotion of Private Enterprise (CPPE) has called on the newly appointed Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, to clear the backlog of foreign exchange as well as guarantee another recapitalisation in the banking sector. “The clearance of the backlog of forex obligations should be accorded high priority to restore the confidence of domestic and foreign investors,” the Managing Director of CPPE, Mr Muda Yusuf said in a press statement titled Ten Point Agenda For The CBN Governor, released over the weekend. Mr Cardoso and four new deputies on

Image
25-September-2023

Universal Insurance, Oando, UBA Emerge Busiest Stocks in One Week

By Dipo Olowookere The trio of Universal Insurance, Oando and UBA were the busiest stocks on the floor of the Nigerian Exchange (NGX) Limited last week, trading 2.212 billion units valued at N8.907 billion in 7,593 deals, contributing 56.56 per cent and 29.32 per cent to the total trading volume and value, respectively. In the week, investors transacted 3.911 billion shares worth N30.379 billion in 38,536 deals versus the 2.933 billion shares worth N47.449 billion exchanged in 44,654 deals in the preceding week. Financial stocks dominated with 2.774 billion units valued at N15.241 billion in 16,379 deals, contributing 70.92 per

Image
25-September-2023

Premiere Academy Student Emerges FCT’s Best Female Chess Player

By Aduragbemi Omiyale A student of Premiere Academy, Lugbe, Abuja, Miss Sonia Nwakanma, has retained her position as the Best Female Chess Player in the Federal Capital Territory (FCT) for the third year running. She clinched the latest accolade she first picked in 2021 at the prestigious Abuja Inter-School Chess Competition, rated by the World Chess Federation (FIDE) and the Chess Players Association of Nigeria (CPAN). Miss Nwakanma, who is a member of the 2023 graduating set of the school, attributed her achievement to her school’s robust in-house sports and personal development facilities that offer students opportunities to compete with

Image
25-September-2023

Nigeria Risks Shortage of Fertilisers as EU Frustrates Supply

By Adedapo Adesanya Nigeria faces a crippling fertiliser shortage as 34,000 metric tonnes of Russian Fertiliser meant for Nigeria is stuck at ports in the European Union (EU) as a result of continued war in Ukraine. Russia’s Foreign Minister, Mr Sergey Lavrov, confirmed this development on Saturday at the 78th United Nations General Assembly (UNGA) in New York, noting that 260,000 metric tonnes of Russian fertilisers have been stranded in EU ports since 2022. According to Russian News Agency, TASS, Mr Lavrov informed reporters that, “We are ready to give these fertilisers to African countries for free. It took six