Business
NAPEP To Recover N580m In Katsina
The National Poverty Eradication Programme (NAPEP) in Katsina State has set up three committees to recover N580 million from loans defaulters.
The NAPEP Coordinator in the state, Alhaji Gambo Rimi, said this in an interview with newsmen in Katsina.
He said the first committee was mandated to recover N30 million disbursed under the Keke NAPEP, farmers empowerment and general micro finance programmes.
Rimi further said that the second and third committees were to recover N400 million and N150 million disbursed under the multi-partner micro-finance and village solutions schemes respectively.
The three committees, he said, had been directed to visit the defaulters in the 34 local governments to recover the outstanding debts.
“ The agency is trying as much as possible to avoid legal action against the defaulters, hence the decision to set up the committees to recover the loans,” he said.
According to him, all the loans were long over- due as they were disbursed to the beneficiaries more than three years ago.
He urged beneficiaries to reciprocate government’s gesture by ensuring prompt repayment of their loans.
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
