By Adedapo Adesanya
The federal government has disclosed that over 76,804 poor and vulnerable households in Kebbi State received N1.05 billion under the Conditional Cash Transfer(CCT) programme from 2016 till date.
This was discussed by the Minister of Humanitarian Affairs, Disaster and Social Management, Mrs Sadiya Umar-Farouq, during the flag-off of Special Cash Grant for Rural Women programme in Birnin Kebbi.
According to her, ”Kebbi State has received a total sum of N1,056,200,000.00 from the Federal Government Conditional cash transfer programme from inception till date, impacting the lives of 76,804 Poor and Vulnerable Households (PVHHs).
“Five local government areas are currently benefiting from the Federal Government CCT programme in Kebbi State. They are Jega, Gwandu, Bagudo, Shanga, and Dango/Wasagu LGA’s.
“I must note at this point, that the social register is being expanded to cater for more poor and vulnerable households in Kebbi State.”
She explained that the Federal Government of Nigeria in partnership with the World Bank designed and developed a safety net programme for Nigeria under the platform of the National Social Safety Net Project (NASSP).
Mrs Umar-Farouq added the conditional cash transfer programme commenced in September 2016 with the aim of responding to deficiencies in capacity and lack of investment in human capital of poor and vulnerable households.
“The programme is designed to deliver timely and accessible cash transfers to beneficiary households with the aim of improving household consumption and an increase in the utilization of health and nutrition services.
”It is also aimed at improving school enrolment and attendance and environmental sanitation and management; and to encourage household financial and asset acquisition as well as engage beneficiaries to attain sustainable livelihood,” she said.
She said that the CCT programme provided targeted monthly based cash transfers of N5,000 to poor and vulnerable households, with the sole aim of graduating them out of poverty.
“The Special Cash Grant for Rural Women programme being flagged off today was introduced in 2020 by the Ministry of Humanitarian Affairs, Disaster Management and Social Development as part of President Mohammadu Buhari’s social inclusion and poverty reduction agenda, including the realization of the national aspiration of lifting 100 million Nigerians out of poverty in 10 years.
“It is designed to provide a one-off grant to some of the poorest and most vulnerable women in rural Nigeria. A grant of N20,000.00 will be disbursed to over 150,000 poor rural women across the 36 States of the Federation and the Federal Capital Territory.
“The grant is expected to increase access to financial capital required for economic activities. A total number of 4,200 beneficiaries are to benefit from the cash grant of 20,000 each to uplift the socio-economic status of the rural women in Kebbi State,” she said.
Mrs Umar-Farouq urged the beneficiaries to make good use of the opportunity to increase their income, enhance their food security, and contribute towards improving their living standard.
In his remarks, the Kebbi state Governor, Mr Abubakar Atiku Bagudu, represented by the Secretary to the State Government, Mr Babale Umar-Yauri, recalled that the minister visited the state in 2020 to commiserate with the victims of floods and distribute relief materials to the victims, adding that the minister promised to come back with different assistance to the people of the state.
“Coming to Kebbi today, is a fulfilment of the promise you made to our people and we appreciate you and thank you for that demonstration of good leadership and keeping the promise alive,” he said.
He said that the state government believed in rightfulness and good purpose of the social development programmes, and would impact positively on the lives of poor and vulnerable households in the state in particular and the country at large.
“We are particularly appreciative of these programmes, and on behalf of our people, we thank President Muhammadu Buhari, and the ministry for the laudable and wonderful initiatives for the poor and vulnerable households,” Mr Bagudu said.
Swiss Business School Honours Monument Distillers CEO
By Ashemiriogwa Emmanuel
Mr Godwin Oche, the Chief Executive Officer (CEO) of Monument Distillers Nigeria Limited (MDN), has been awarded an honorary doctorate by the Swiss School of Business and Management, Geneva.
The Swiss faculty confirmed that the laurel was in recognition of his huge contributions to the development of the African manufacturing ecosystem and for his technological innovations.
In his acceptance speech, Mr Oche appreciated the institution and MDN for the recognition and honour.
“Few things have made me more proud and more grateful for my journey than this humbling recognition of my contributions to business and manufacturing by the esteemed Swiss School of Business and Management. I am truly honoured. Most especially, I am grateful.
“I am grateful to my wife and family for their dependable support through the years, to Monument Distillers for giving me the platform to shine, to our customers for their tremendous loyalty and support, and most especially to the good Lord who has blessed me with far more than I ever dreamed,” he said.
Mr Oche is a Chemical Engineer and holder of a Postgraduate Diploma (PGD) in Business Administration and a Master of Business Administration (MBA) in marketing from the Enugu State University of Science and Technology (ESUTECH).
He is a fellow of the Institute of Management Consultant (FIMC), a member of the Nigeria Institute of Marketing (MNIM), and also a member of the Nigeria Institute of Personnel Management (MIPM).
MDN is a fast-rising wine and spirit company that produces a wide range of global and local brands such as John Bannermans Scotch Whisky, 1960Rootz Bitters, 4 Horses Bitters, Les Damier Wine range and so much more.
The company also has distribution rights to brands such as Four Cousins Wines, Sazerac Southern Comfort Bourbon and other ranges of spirits. The company offers a broad range of collections for all occasions.
Kano Forex Trader in Trouble Over N197m
By Modupe Gbadeyanka
A foreign exchange (forex) trader based in Kano State, Mr Yusuf Yakubu, may have bitten more than he can chew as he has found himself in murky water.
He was accused of diverting about N197.6 million belonging to his customers, who wanted him to exchange his Dollars to Naira.
It was alleged that in January 2021, the Kano forex trader collected $870,000 with the promise to pay the Naira equivalent, but he refused to fully honour this pledge.
Instead of returning the full amount, he only paid N220.3 million and allegedly diverted the balance of N197.6 million and efforts to make him pay were futile.
As a result, a petition was filed to the Kano Zonal Command of the Economic and Financial Crimes Commission (EFCC), which waded into the matter.
After interrogations, Mr Yakubu was arraigned before Justice Sanusi Ma’aji of the Kano State High Court on August 4, 2021, on a one-count charge of misappropriation.
“That Yakubu Yusuf on or about January 14, 2021, within the jurisdiction of this court, with intent to defraud dishonestly misappropriated the sum of N149,000,000 belonging to Oliver Ogokumaka and Obumnemi Okoli and thereby committed an offence contrary to section 308 and punishable under section 309 of the Penal Code,” the charge read.
When the charge was read to him, the defendant pleaded not guilty, which prompted the prosecution counsel, Mr Musa Isah, to ask for a trial date.
However, counsel for the defendant, Mr Abdul Adamu, informed the court that he had filed a motion challenging the jurisdiction of the court and the judge consequently adjourned the matter till August 18 for argument on the motion.
Meanwhile, the defendant was granted bail in the sum of N50 million and two sureties in like sum, one of who must be a relative of the accused person and both must also be resident of Kano, with verified business addresses.
Stanbic IBTC Revamps Abeokuta BTI Correctional Centre
By Ashemiriogwa Emmanuel
A top financial institution, Stanbic IBTC Holdings Plc, through the Stanbic IBTC Finance Team, has reconstructed the vocational centre at Borstal Training Institute (BTI) located in Abeokuta, Ogun State.
The BTI is an arm of the Nigerian Correctional Service where young offenders are remanded and given both educational and vocational training, used to be a deteriorated structure with very few tools.
The poor facility was not able to live up to the purpose of the institute in terms of equipping students with education and skill acquisition.
However, the intervention of the Stanbic IBTC Staff Volunteerism Initiative saw a complete overhauling of the Abeokuta BTI Correctional Centre to encourage the purpose as to which the BTI was built.
The reconstruction entailed the demolition of the existing dilapidated shed, construction of a new building which was demarcated into four segments, along with the establishment of an Information and Communications Technology (ICT) unit equipped with six desktop computers.
In addition, a tailoring section was also set up and provided with four sewing machines, a stitching machine, several tailoring tools, and fabrics for practice.
There was also a barbing section which was supplied with three clippers, a sterilising machine, and other necessary barbing tools.
The renovation also entailed the establishment of a carpentry section equipped with necessary equipment such as a drilling machine, spraying machine, and circular machine.
The water supply channel was also improved with an overhead water tank for the facility.
In his statement on the project, the Chief Executive, Stanbic IBTC Holdings, Mr Demola Sogunle, pointed out that the provision of these necessary facilities will encourage easy reintegration of the students into the society as it will equip them with digital and vocational skills.
“I believe that this project will directly impact the lives of these young Nigerians. It enhances their easy integration into society as they are already equipped with either digital or vocational skills, based on their preference.
“Upon release, they will not be idle but will hopefully put the skills they have acquired to good use,” he said.
The reconstructed BTI vocational centre which houses about 330 students will now have about 182 of them engaged in school and computer skill acquisition, and 148 students equipped with vocational training.
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