Business
Mobil Empowers 40 Women In Onne
A total of 40 women from Onne in Eleme Local Government Area of Rivers State have been given starter Packs to commence business on their chosen fields of trade at the and of a four-week intensive skills acquisition training sponsored by oil giant, Mobil Producing Nigeria (MPN).
The women who were drawn from the four clans of Onne were trained in agro and agro-processing enterprises such as egg production, Snail farming, honey production, Yam, wheat, plantain flour production and fish farming techniques.
Handing over the starter-packs at a brief ceremony at Onne, Wednesday, an Executive Director with Mobil Producing Nigeria, Mrs Gloria Essien-Danner said the programe was aimed at equipping Onne women with economic skills that will make them self employed and employers of labour in years to come.
The Executive Director revealed that the programe was the direct off-shoot of a baseline study for an integrated and sustainable Socio-Economic Rural Development Plan for Onne, adding that the report of that study showed that “about one-third of the house holds are fully managed by women and that women do take care of the provision of basic needs of the household, hence, the need for economic training.”
She reiterated the commitment of mobil producing Nigeria to adding values to its host communities by building capacity of the indigeneous population adding that the company believes that the training of women translate to training a nation.
In his remarks, the Chairman of Eleme Local Government Council who was represented by Hon. Okaka Telewin, Councillor Ward 7, thanked MPN for the gesture and challenged other companies doing business in the area to borrow a leaf from MPN with regard to embarking on programmes and projects that directly impacts the life of the people positively.
Responding on behalf of the beneficiaries, the president of Onne Women Development Foundatin, Mrs Obarijima Padmoore Wawah, thanked MPN for facilitating the programe and disclosed that apart from offering the beneficiaries Micro enterprise skills, it has also challenged and awakened in them the quest to succeed.
“We strongly believe that all of us that have benefited from this programe will be shining examples and inspiration to other women in Onne,” Mrs Wawah said.
The women foundation president recalled that in 2010, MPN Sponsored the training of 48 women in tailoring, tie and dye, catering and computer appreciation and gave the beneficiaries starter packs to commerce business activities in addition to the provision of mosquitoes treated nets to households in Onne.
“It is evident that of the more than 150 companies operating within our community, MPN is the closest to Onne People, especially the women,” she declared.
Items handed over to the beneficiaries included wooden battery cages, feeding and drinking troughs, electrical appliances, day-old broilers and pullets as well as feeds for those trained in poultry production. Those trained in snail farming got concrete pens with wire meash cover, feeder, water cans, breeders stock snail and feeds, while graduates in plantain, wheat, yam flour production had drying materials and equipment, sealing machines plastic sachets, Oven and bunches of plantain.
Dignitaries who graced the occasion included the Port Manager of Onne Port, Alhaji AA. Goje and the paramount ruler of Onne, HRM, J.D. Osaronn and his council of chiefs.
Sogbeba Dokubo
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.
Business
Yenagoa’s Radisson Hotel Ready December — NCDMB, Other
Business
RIRS Sets Tomorrow As Deadline For Individual Tax Returns Filing
-
News11 hours agoRSG Reiterates Commitment To Youth Dev
-
Business8 hours agoNSCDC Discloses Illegal Dump Site In Ikwerre Community
-
Rivers8 hours agoPolice Launch Community-Centred National Day Celebration In Rivers, Today
-
Business8 hours agoYenagoa’s Radisson Hotel Ready December — NCDMB, Other
-
Maritime8 hours agoMWUN Raises Alarm Over Port Security Lapses In Lagos
-
Maritime8 hours agoNNS Hands Over Two Suspected Stowaways to Immigration Service
-
Maritime8 hours agoMaritime Workers Demand Reinstatement Of Tally Clerks, Gangway Security Over Port Revenue Loss
-
Environment8 hours agoWDC: Rivers State Deputy Governor, Prof. Odu Call Inclusion Of Woman And Girls Decision Making
