Business
Agric Ministry Bows To Staff Demands
Following a protest by staff of the Federal Ministry of Agriculture and Rural Development on Monday, the ministry has promised to meet their demands within 21 days, a union official said on Tuesday in Abuja .
Tide’s source recalls that the workers had locked the gate leading into the ministry’s headquarters at Area 11, Abuja, over unpaid allowances and other welfare packages since the tenure of the former minister, Dr Sayyadi Ruma.
They also called for the immediate removal of the Permanent Secretary and the Director of Human Resources, citing alleged inaction to their plight.
Mr Ihoma Marcilins, the Chairman, Nigeria Union of Civil Servants, Secretaries and Stenographers said that the ministry had promised to address their demands.
“We met the Minister of State, Mr Nojeem Awodele, this morning and he has promised that our demands will be met within 21 days and that all the issues raised will be addressed.
“We have accepted the appeal because he is a father to us; but after the 21 days we agreed, if nothing is done, we will embark on an indefinite strike,’’ Marcilins said.
Reports says that the workers are demanding the payment of their transfer allowances, promotion arrears and improved welfare package, among others.
Earlier, Mr Ahmed Manzo, the Chairman, Association of Senior Civil Servants of Nigeria, had in an interview with newsmen, appealed to the ministry to pay the N74 million accommodation allowance owed staff.
Manzo said that about 160 staff had been denied their 28-day allowance in lieu of accommodation.
According to him, the ministry has paid nine million naira so far to 25 members transferred to the ministry from various ministries between 2004 and 2009.
The chairman said that the protest was staged to also draw the attention of the ministry to the stagnation of some staff, poor capacity building and the general absence of welfare package for the ministry’s workforce.
“The management of the ministry should liaise with the Federal Civil Service Commission to speed up the process of the promotion of the staff to enable them to obtain their promotions letters.
“Government should do something on the issue of 28 days in lieu of accommodation because some officers posted from states to Abuja end up sleeping in the office because of the lack accommodation.
“There is no training programme in the ministry. The government should do something about this because training will help in capacity building,’’ Manzo said.
Manzo described the welfare in the ministry as ‘awful’, adding that some staff who wrote their promotion examination in 2008 are yet to receive their promotion letters.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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