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N200m Loan: Minister Tasks Beneficiaries On Repayment

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Minister of Finance, Hajiya Zainab  Ahmed, last Saturday tasked beneficiaries of the Kaduna State Women Empowerment Funds (KADWEF Loan) on prompt repayment of the loan to enable others benefit.
Ahmed gave the advice at the launch of the scheme for Zone I, held at the Federal College of Education (FCE), Zaria.
She commended Gov. Nasiru el-Rufa’i for introducing the scheme, saying that it was in line with the programme of the Federal Government of Nigeria.
She said the Federal Government’s Social Investment Scheme included N-Power Programme where about 18,000 youths from Kaduna State were presently engaged adding that about 585 youths were trained on various skills.
The minister said on N-Power Programme the federal government had spent over N4 billion in Kaduna State, adding that over one million purples of the state were also benefiting from Primary School Feeding Programme.
She said about 12,000 women were engaged in the primary school feeding programme “who on daily bases cook food for the pupils”, adding that the federal government had so far spent N8 billion in Kaduna State.
Ahmed said the third scheme was Government Enterprise Programme (GEP), adding that it was a programme similar to what is being launched today.
“This is a scheme where small loans are disburse to women, youths and men, today in Kaduna we have disbursed N1 billion to 20,000 beneficiaries.
“The fourth scheme is N5,000 assistance being given to less privileged and aged persons every month. So far N13.5 billion is spent on 10,482 people of Kaduna State.”
She reiterated that the Buhari led administration was holistically committed to the yearnings and aspirations of Nigerians through frantic efforts to change their lives for the better.
Earlier in a welcome address, the Kaduna State Commissioner for Women Affairs, Hajiya Hafsat Mohammed-Baba had said that the planning of the scheme started in 2017 by capturing it in 2018 budget last year.
She said the programme is to assist women, vulnerable persons and physically challenged people with loans to enable them get something doing to become self reliant.
“The notable initiative is designed by Kaduna State Government to improve social welfare of of its people by reducing economic and social vulnerability of the poor, vulnerable and marginalised groups, women and person with disability.
“By the grace of Almighty we are collaborating with Central Bank of Nigeria  to disburse a similar gesture specifically to our brothers and sisters who are physically challenged by December this year.
“We want the programme to be all-inclusive so that we can collectively enjoy the dividends of democracy,” Mohammed-Baba noted.
She assured that Gov. El-Rufa’i promised to double the total amount disbursed this year from N200 to N400 million by next year “but only if the beneficiaries pay back the loan as at and when due.”
The commissioner also added that the governor would double it from N400 to N800 million by 2020, adding that by 2021 it would be increased to N1 billion.
The running mate of El-Rufa’i in 2019 general election, Dr Hadiza Abubakar-Balarabe appreciated women for their support to present administration in the state and urged them to sustain the tempo.
“This government is for women, therefore I want to encourage you to give it the necessary support to succeed, I also want to call on all of you to accord special priority to girl-child education.”
The News Agency of Nigeria (NAN) reports that the exercise beneficiaries were drawn from all the eight Local Government Areas of Northern Kaduna Senatorial District.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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