Business
Delta, Niger Win CBN 2010 Micro Financing Awards
Delta and Niger have won the Central Bank of Nigeria (CBN) 2010 Best State Supporting Micro Financing and Best Small and Medium Enterprises (SMEs) Financing awards respectively.
The awards were presented to the states at the fifth Annual Micro-finance Conference and Entrepreneurship Award ceremony, organised by CBN in Abuja on Monday.
The wife of the Bauchi State Governor, Hajiya Hauwa Yuguda, won the Best Support First Lady for SMEs, while United Bank for Africa (UBA) received the Best Support Bank for Micro-finance on Agricultural Credit Scheme.
Lagos State also received the Best Support State on Micro Credit and Infrastructure Development.
Presenting the awards, CBN Governor Sanusi Lamido Sanusi, said Delta had won the award for three years and urged other state governments to emulate it.
He said that Delta was committed to grassroots development through the establishment of Delta State Micro Credit programme since 2007.
Sanusi said that Niger created an agency in-charge of SMEs and Micro Finance to empower the less privileged in the society.
“The government has so far expended about N1.5 billion on micro credit, including interest free facilities, granted to 18 micro-finance co-operatives and interested promoters in the 18 local government councils as seed capital,” he said.
The CBN governor commended the award recipients for their contributions to the growth of the economy.
Responding, Gov. Emmanuel Uduaghan of Delta commended CBN for the award and solicited its continued support.
He said that about 85,367 people, 7 993 cluster groups, comprising 53,104 women and 32, 263 men, were empowered in various micro enterprises.
“The programme has helped to promote the government three-point agenda across the state.
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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.”
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