Connect with us

Niger Delta

Edo, BoI Unveil Fund For 50,000 Entrepreneurs

Published

on

The Edo State Government and the Bank of Industry (BoI), have unveiled a Micro, Small and Medium Enterprise (MSME) development fund worth N2 billion to support entrepreneurs in the state.
The fund was launched during a citizens’ engagement session organised by the Edo State Skills Development Agency, also known as Edo Jobs, held at the Government House in Benin City.
Speaking at the event, Governor Godwin Obaseki said, “The Bank of Industry (BoI), which is a reliable partner, is here today to launch the MSME fund. The initial amount is N2 billion. Edo State Government provided N1 billion, while BoI provided the other N1 billion, making it N2 billion, with an attractive interest rate.”
”In addition, we have a N165 million fund, as part of the first tranche from the Edo State Government. It will be made available to small businesses, which are currently domiciled in our production hub, to support and encourage them to grow their businesses.
“BoI has the capacity and resources to support this kind of programme. From this N2 billion fund, we estimate that we can impact as many as 50,000 businesses in Edo State. We have other facilities with other institutions like the Central Bank of Nigeria (CBN). This is a start-up fund, as we expect it to continue to grow: If you start with N50,000, now and when you do well tomorrow in your business, you will need N200,000.
Borrowing is part of business, provided you continue to grow,” the governor stated.
The Governor assured that despite the Covid-19 pandemic, his administration remained committed to improving the livelihoods of the people and creating opportunities for the youths to thrive.
He stated: “We have continued to create opportunities for Edo youths as our administration is open, transparent and competent in all we do. We urge Edo people to trust us, as all the opportunities that we present are real, and life-transforming for Edo people.”
On his part, Managing Director/Chief Executive Officer, BoI, Mr. Olukayode Pitan, said that “in a quest to grow and develop MSME businesses in the country, the bank has resolved to continue to collaborate with existing enterprises, as well as reputable local and international partners.
“This MSME fund is aimed at providing business loans to enterprises located within the state, while the second fund is the N165 million Edo Production Hub Fund, financed by the Edo State Government. The Edo Production Hub Fund is managed by the BOI and is to support businesses located within the state-owned production hub.”
Later, the governor and his team, as well as his guests were also taken on a guided tour of the Edo Production Hub. They also commissioned the new Bank of Industry building in Benin City.

Continue Reading

Niger Delta

NPC Unveils Digital Registration System In Delta

Published

on

The National Population Commission (NPC), on Friday, launched the Electronic Civil Registration and Vital Statistics System (eCRVS) in Delta State, designed to strengthen data generation and vital statistics management.
The Tide’s source reports that the system was launched by the Delta Federal Commissioner, Mrs. Blessyn Brume-Ataguba, at a news briefing in Asaba.
Brume-Ataguba recalled that President Bola Tinubu formally launched the eCRVS in November 2023 as part of the efforts to modernise Nigeria’s civil registration process.
She said the initiative followed resolutions reached at the Sixth Session of the Conference of African Ministers Responsible for Civil Registration and Vital Statistics in Addis Ababa in 2022.
According to her, African ministers urged member states to automate civil registration processes and implement the UN Legal Identity Agenda.
“Nigeria responded by developing an electronic, technology-driven system to enhance data generation and improve civil statistics nationwide,” Brume-Ataguba said.
She said NPC, in collaboration with UNICEF, produced an eCRVS Operational Readiness Assessment Report to guide implementation.
She explained that the partnership aims to establish a fully digital civil registration system that converts records of vital events into reliable statistics for effective planning and decision-making.
Brume-Ataguba described the initiative as a complete shift from paper-based documentation to a modern digital platform aligned with international best practices.
She said the system would transform the way births and deaths were recorded, tracked and analysed across the country.
“This process marks a complete departure from the traditional paper-based recording of vital events to a state-of-the-art digital solution that conforms to international best practices.
“This eCRVS promises to revolutionise how vital events are recorded, tracked and analysed in the country.
“This will ensure commitments, and a sustained national, international financial and political investment for birth registration within the CVRS in Nigeria, ” Brume-Ataguba said.
She also said the launch demonstrated the Federal Government’s commitment to strengthening civil registration data capture and processing.
She further said improved vital statistics would support national development planning and help Nigeria achieve the Sustainable Development Goals.
Brume-Ataguba continued that the state-level launch was necessary to sensitise the media and the public on the significance of the digital registration system.
She described the media as a vital partner in informing and educating citizens about the importance of registering vital events electronically.
She further assured residents that competent ICT personnel were available at the state level to address technical challenges and provide support.
The NPC commissioner emphasised that the eCRVS would overhaul the registration of births and deaths in the country and lay a solid foundation for efficient civil statistics management.
She urged stakeholders to collaborate with the commission to realise its goal of providing accurate and timely vital registration data.
She announced that the current phase of the e-CRVS programme would be concluded in March.
In her remark, the NPC State Director, Mrs. Jane Odigwe, appealed to the Delta Government to support the implementation of the system in the state.
“Your partnership is vital in helping us to reach this goal,” Odigwe said.
She also urged parents to register their children, saying that a birth certificate is essential for access to education, healthcare and other opportunities.
She said that registering children today would secure their identity and future participation in Nigeria’s development.
“To every parent in Delta, I urge you to bring your children forward for birth registration.
“A birth certificate is not just a document but your child’s key to education, healthcare and global opportunities.
“By registering your child today, you are giving them a voice in Nigeria of tomorrow,” Odigwe said.
Continue Reading

Niger Delta

Police Uncover Suspects’ Armoury … Recover Weapons In Delta

Published

on

The Police Command in Delta State has recovered assorted weapons from a criminal hideout in the state.
Spokesman for the Command, SP Bright Edafe, disclosed this to newsmen, who on Friday in Warri, said the weapons were recovered on Thursday by the operatives of the Command’s Special Assignment Team (CP-SAT), led by ASP Julius Robinson.
He said the feat was achieved following a confession by a suspect handed over to the police team by the Divisional Police Officer (DPO), Orerokpe Division, for further interrogation.
Edafe said the suspect was alleged to be a member of a criminal syndicate terrorising commuters and residents on the Warri/Sapele Road.
“On February 19, acting on information obtained during interrogation, the suspect led the operatives to a concealed armoury located on the Sapele/Warri Road by the Adheje Community axis.
“A thorough search of the hideout resulted in the recovery of a locally made long gun, a locally made cut-to-size gun.
“Also recovered were a fabricated Beretta pistol loaded with five rounds of live ammunition, 10 live cartridges and a dagger,” he said.
Edafe stated that the investigation into the matter was ongoing.
He, however, quoted the Commissioner of Police in charge of the Command, Mr. Aina Adesola, to have reiterated the command’s resolve in dismantling criminal networks, and mopping up illegal firearms, among others, in the state.
Continue Reading

Niger Delta

Police Caution On Lawless Protests On Court Matters In A’Ibom 

Published

on

The Police Command in Akwa Ibom State has cautioned on threats of lawless protests by some members of the public over matters that are already before the courts.
The Commissioner of Police, CP Baba Azare, told newsmen in Uyo on Friday that illegal protests could undermine public peace and order.
“When matters are already in court, let’s follow legal and civil means to seek redress. That is how a civilised society works.
“Although we recognise the constitutional rights of citizens to lawful expression and peaceful assembly, illegal protests are not allowed,” he said.
Azare said the Command would not tolerate threats or acts of nude protests, unlawful occupation of public or private facilities, and disruption of government, economic or social activities.
He said anyone found culpable of engaging in acts or threats of illegal protests would be prosecuted in line with the law.
“As a Command, we are committed to the maintenance of law and order, we are also committed to protecting lives and property”, he stated.
Continue Reading

Trending