Business
FG Jobs: Applicants Want Due Process, Time Extension
Sequel to the Federal Government’s plans to conduct recruitment exercise, the concerned agencies have been told to follow due process in order to reach out to the deserving members of the public.
Some job applicants who spoke with The Tide on Monday in Port Harcourt, said that the exercise must cut a across party line to enable Nigerians benefit from the system. One of them, Mr Emeka Amadi, noted that the issue of employment in the country must be treated on merit.
He argued that, it would be infair to hand pick applicants to fill the available job spaces without following due process.
Amadi said that the danger is such attitude, was to feature wrong persons in the system who can not deliver quality service.
The respondent who is a graduate of Economics, maintained that it will only take qualified persons to render quality services, thereby, reducing the issue of corruption in the federal civil service.
Uju Okere, who also linked the issue of corruption in the civil service to what she described as half baked cake, said until such were rooted out from the system, the expected change may not happen. She said that, the presidency should provide a level playing ground for all applicants to enable them partake freely in the exercise.
Okere pointed out that, if applicants are allowed to compete for the vacancies without external interference that it would produce the best in them.
Another respondent, Doris Igwe, appealed for a reasonable time to enable the applicants meet up with registration.
She said the April 29, 2017 deadline was not in the interest of the applicants, saying that the time should be extended.
It would be recalled that, the Federal Government has announced its preparedness to carry out recruitment exercise in some ministries and agencies.
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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