Nation
FG Initiates N5bn Export Dev Fund Scheme For Budding Entrepreneurs
The Federal Government has initiated a N5 billion export development fund to support entrepreneurs and promote the export of locally made goods. Regional Coordinator, Nigeria Export Promotion Council (NEPC), North West zone, Mr Tijjani Waziri, stated this at a one-day sensitisation on the “Export Development Fund’’, yesterday, in Kano. Waziri said the fund was designed to enhance access to finance by potential exporters, to enable them boost their businesses for export and improve the national economy.
“The sum of N5 billion has been provided for the NEPC by the Federal Government to implement the scheme.
“It is a pre-shipment export incentive granted to exporters geared toward boosting their morale to achieve the desired goals.
“The fund supports initial expenses that exporters incur such as participation in trade fairs, training and symposiums in export market research and exhibitions,’’ Waziri said.
According to him, although the export development fund scheme was for the duration of one year, there was no limit to the number of exporters that could key into the programme.
Entrepreneurs and exporters drawn from the seven states of the North West zone attended the training.
Some of them including, Asma’u Bega and Bello Isa-Hashim, lauded the initiative, saying that it would go a long way in encouraging productivity and promotion of exports in the country.
Bega, however, called for the adoption of measures to ensure that only genuine exporters benefitted from the scheme.
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Nation
Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
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