Niger Delta
A’Ibom Traders Urge Transparent Disbursement Of N220bn CBN Loan
Traders in Akwa Ibom
State have called on the state government to ensure transparent disbursement of the state’s share of the N220 billion Central Bank of Nigeria (CBN) loan to micro, small and medium enterprises (MSME).
The President, Conference of Akwa Ibom Traders (CAIST), Chief Christopher Usoro, made the call in an interview with newsman in Uyo yesterday.
It will be recalled that the CBN recently approved N220 billion loans to be disbursed to MSMEs in the country to enhance their performance.
Usoro said that the traders decided to make the call because they were apprehensive that politicians might highjack the funds for their wives and relations.
He said that government should ensure that the loan was given to genuine petty traders whose capital base was small as directed by the apex bank.
“We are making this call because politicians in their usual manner could highjack it and share it to their wives and relatives. “We are appealing to agencies responsible for the disbursement of the loan to give it to only traders under registered cooperative societies. I and other members of our association have been busy enlightening traders on how to form and register cooperative societies with the Corporate Affairs Commission,” he said.
The president urged the government to widely publicise the sale of forms for the loans.
He said that without this it would be difficult for the genuine traders to take part in the process, a situation that would end up in civil servants and politicians hijacking the loan.
Reacting, the state’s Commissioner for Commerce, Mr Toby Nkandude, said the government was working out modalities to ensure that the loan got to those it was meant for.
Nkandude urged the traders to form cooperative societies and ensure that it was registered with the Corporate Affairs Commission.
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Make God Your Anchor To Fulfill Destiny, Cleric Charges Christians … As Jaja Marks 70th Birthday
The Lead Pastor at Jesus Appointed People’s Bible Church, Ozogbe, Ikwerrengwo-Etche, in Etche Local Government Area of Rivers State, Pastor Promise Nwaelele, has urged Christians to make God the anchor of their lives in whatever position they find themselves, in order to attain the destinies set for them by God.
Pastor Nwaelele, who gave the charge recently in a sermon he preached at the 70th birthday anniversary thanksgiving service of Sir Donald Michael Jaja, a veteran journalist in Rivers State, said this is because any genuine child of God is a permanent target for destabilization and destruction by the devil.
Taking his text from the Bible book of Mark 4:16-17, the preacher stated that fulfilment in life for a child of God required faith, obedience to God’s word, humility and grace to withstand trials and temptations.
According to him, temptations and afflictions are bound to happen in the lives of those who have accepted Jesus Christ as their Lord and Savior.
“No wonder the Bible said that those that endure till the end shall be saved”, he said.
The Clergyman said God prospers believers who are humble, not proud and conceited, and leads them to destiny fulfilment.
“David said in Psalm 51:17, that the sacrifices acceptable to God are a broken spirit, not an impatient or proud spirit”, the preacher said.
He called on Christians not to allow persecutions and afflictions to sway them from the love and blessings of Jesus Christ.
On his part, Jaja, a seasoned Journalist who retired as an Acting Editor of the Rivers State Government-owned The Tide Newspaper, gave thanks to God for honouring him by giving him the grace of attaining 70 years.
“I cannot capture what the good Lord has done for me in my entire life in this fleeting moment of thanksgiving. But, I know that without Him, I wouldn’t have been who I am today, in all spheres. Therefore, my joy knows no bounds as I give thanks to my creator today, alongside my family. Praise be His holy name”, Jaja said.
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