Business
BRISIN: FG Set To Recruit 5,000 Unemployed Nigerians
The Federal Government has disclosed plans to recruit 5,000 unemployed Nigerians in the Federal Capital Territory under the Basic Registry and Information System in Nigeria (BRISIN) scheme.
The Head of BRISIN implementation in Nigeria, Dr Anthony Uwa told newsmen yesterday in Abuja that more Nigerians would be recruited after the pilot phase.
BRISIN is an integrated system for the collection, storage and distribution of information to support the management of the economy.
Uwa said the system aimed at bringing developmental and economic growth in the country through the use of data collection of people and other relevant information.
“The data received will be used to plan for the management of the nation’s resources,” he said.
Our source reports that the project was initiated by the President Olusegun Obasanjo administration, while the Goodluck Jonathan’s administration inaugurated a Technical Committee for its implementation.
According to Uwa, since BRISIN covers all aspect of the economy, the recruitment is not restricted to a particular field or discipline.
He however, said the implementation would commence with the social welfare, an aspect of the project, with special attention to disability data bank.
“We are giving attention to social welfare and building the disability data bank to attain the actual number of disabled people in the FCT.
“We are recruiting 5,000 people out of which 200 will be sent to Italy for training on various aspect of the project and they will be the trainees’ trainers.
“They will be trained mainly on the use of data on every aspect of economic management with attention to health, education, economic monitoring, fiscal and revenue control, migration and human trafficking.
“BRISIN recruitment cuts across all cadres, from school certificate to PHD holders so the recruitment is not restricted.
“The recruitment will be published on e-transact by next week, the portal will be opened for about six weeks and the public will be sensitised on how to access and fill the form through the portal.
“Also, the 5000 people we are recruiting does not mark the end of BRISIN recruitment but just a pilot phase, as we start from FCT we will train those to work in other states,” Uwa said.
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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