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Stakeholders Okay Kaduna Investment Drive

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The Nigerian Sovereign
Investment Authority (NSIA) and International Finance Corporation (IFC) have said that they would partner with Kaduna State Government in agriculture and power for sustainable development.
They made the commitment in separate remarks at the just concluded Kaduna Economic and Investment Summit, in Kaduna.
According to them, the state with an estimated population of about 10 million people, has huge investment potentials in agriculture and power.
“In agriculture, we will partner in agricultural financing, infrastructure and land rehabilitation, while in power we will be looking at waste management for electricity generation,” NSIA Chief Executive Officer, Uche Orji, said.
He said that the state could access the NSIA’s 40 per cent funding for investment in local infrastructure.
Similarly,  IFC Country Manager, Eme Essien, said that the corporation would also partner with the state in the two sectors.
“We are particularly interested in sola energy as a critical infrastructure for businesses.
“We want to also see where Kaduna state has competitiveness in agriculture and mining and then invest, “ Essien said.
Also, the Senior Special Adviser to President Muhammadu Buhari, on Social Investment, Maryam Uwais said the Federal Government would equally partner with the state to improve the well being of the people.
Uwais disclosed that federal government would shoulder part of the responsibility of offering free meal to primary pupils.
She announced that the government would soon role out the Cash Transfer Scheme for the most vulnerable persons in the country.
Meanwhile, key stakeholders in economic development have also pledged their support towards making the state an investment destination.
In their separate remarks, the stakeholders commended El-Rufai for organizing the summit that brought investors from all over the globe to appraise the various investment opportunities in the state.
The British High Commissioner to Nigeria, Mr Paul Arkwright said a clear implementation of the state’s five-year development plan would deliver inclusive growth and serve as development model for other states.
He said the British government currently has 21 programmes in the state, and pledged to support the state’s socio-economic development initiative.
The United States Deputy Economic Counsellor, Joel Kopp, said the USAID has spent 600 million dollars on various programmes in Nigeria.
He described Kaduna state as one of the state’s in the country that make concerted effort to address its economic challenges through a vision to move the state to greater heights by attracting investors.
“We will continue to partner and support Kaduna state in its goal of making the state an investment destination in the country,” Kopp said.
Also speaking, the Chairman of the Nigerian Economic Summit Group (NESG), Alhaji Bukar Kyari, said good governance was fundamental in transforming the well-being of the people.
He commended the state government for having a clear vision and itemising priorities to achieve positive change and better the lots of people.
Kyari pledged NESG’s support in achieving the set goals.
Similarly, World Bank Country Representative, Rachid Benmassaoud, described the summit as inspiring, adding that the bank would partner with state to make its vision attainable.
Head of European Union’s Trade and Economic, Fillippo Amato said that to attract investment, the state must invest hugely in the development of infrastructure and security.

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Transport

Automated Points Concession : FAAN Workers Gave 72hrs To Revise Decisions In PH

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The trapatriate Unions conprising the National Union of Air Transport Employees (NUATE), and the Air Transport Service Senior Staff Association of Nigeria, (ATSSSAN),  has given 72 hours Ultimatum to Federal Airport Authority of Nigeria FAAN, Omagwa Airport, Portharcourt to revise its recent decision on the concession of Tollgates and Parks to private hands.
The chairman of the Trapatriate Union, Comrade Felix Ohwoefe gave the Ultimatum yesterday immediately after the joint Unions meeting held at the Airport office of the union, Omagwa, Portharcourt.
Comrade Ohwoefe who double as the chairman of the National Union of NUATE said the two Unions have agreed to take drastic actions if the Authority of the Airport declined to step down it’s decision of concessioning the major revenue points to private hands.
According to the Union chairman, the  two union was not aware of the  concession plans, and that there were no due process to the procedures.
Comrade Ohwoefe said any attempt for the Airport Management to decline it’s demands towards the concession will result to barricading all entrance and access points of the Airport.
Expressing the  the challenges associated to the concession, the Union Chairman said the gesture might resulted to massive sack of workers in the Airport.
The chairman also expressed foul play on the part of either individuals or government in the terms and conditions so given to the concessionaires, demanding the reasons of contracting the automated points to private hands for only 14 millions, when the FAAN is presently generating over 28 million naira monthly, even when the tariff was not  reviewed upwards.
He describes the process to the procedures as fraud with intention to increase unemployment in the state.
“We are not against the concession of the Automated points, but due process must be followed. If government is concessioning the place, we are asking what will happen to our workers in the existing units.
“Secondly, if the concessionaires is taken over, they must pay higher than what the FAAN is generating presently, we are generating to the Management over 28 Millions monthly, but we had that the private company is required to pay only 14 Millions monthly, which is far below 5 percents of what we are generating presently, even when the tariff is increased, which means there is a foul play.
“The process is fraud either on the part of individual in the Government, or Government itself.
” The unions is saying no to the Concession until we come to a terms of understanding ourselves., we are afraid of loosing workers, we don’t want to loose any workers if due process is not followed in this hard of economy,  we even demanding for employment of more workers in FAAN.” Comrade Ohwoefe said.
The Union used the opportunity to called on the minister of aviation, and the President of the Country, Bola Tinubu to intervene.
When contacting the Management of the Airport Authority through the head of Corporate Affairs, Dr Ngozi V. Onyeanwuna-Nwosu,  she said the management has not given her the approval to say something.
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Transport

FAAN Announces Pick-Up Points for Go-Cashless Cards

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The Federal Airports Authority of Nigeria (FAAN) has announced designated pick-up points for individuals wishing to obtain their Go-Cashless cards ahead of the March 1, 2026 deadline.
This was announced in a statement signed by the Director Public Affairs and Consumer protection, Henry Agbebire  and made available to the Tide last Friday in Portharcourt.
According to the statement,  Go-Cashless cards is at all  FAAN commercial offices and access gates of Airports in the country .
The release further stated that cards will also be available at designated branches of Fidelity Bank Plc from March 16, 2026.
FAAN in the statement said the cashless policy followed the Federal Government directive mandating all Ministries, Departments and Agencies (MDAs) to transition to a cashless system to enhance transparency and reduce revenue leakages as well improve transaction traceability in the Aviation sector.
FAAN  reiterated its commitment to full compliance with the directive, appealing to the public for their understanding and cooperation during the transition period.
FAAN also inform that the Go-Cashless cards can still be obtained at the designated points after the March 1, deadline.
The Authority assures airport users that the initiative will promote faster, safer, and more convenient transactions across its airports nationwide.
By: Enoch Epelle
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Business

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

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Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
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