General
Poor Kebbi Residents Get N1.05bn from FG in Five Years
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.
General
4th South Africa Focus Week Begins in Lagos to Strengthen Bilateral Ties
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
General
EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over Alleged Diverted Loans
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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