Connect with us

News

1.9m Nigerians Receiving N5,000 Cash Monthly, FG Insists

Published

on

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Umar Farouq, said no fewer than 1, 940, 004 vulnerable Nigerians are currently receiving N5,000 cash gift each every month from the Federal Government,
Speaking at a one-day stakeholders’ retreat on National Social Investment (Establishment) Bill organised by the Senate Committee on Social Duties, in Abuja, yesterday, Farouq said the bill is to provide a statutory and institutional framework for the implementation of the National Social Investment Programme, NSIP.
The minister, who was represented at the occasion by the Permanent Secretary of the ministry, Dr Nasir Sani Gwarzo, explained that the NSIP was created in 2016 by President Muhammadu Buhari to address social and economic inequalities and alleviate poverty among Nigerians.
According to her, there are four social support programmes that are meant to empower the poorest and most vulnerable Nigerians to enable them to attain an acceptable standard of living.
Farouq said the NSIP is directly and indirectly, impacting the lives of poor Nigerians through its four cluster programmes.
These, she said included the N-Power Programme, Government Enterprise and Empowerment Programme, GEEP, the National Home Grown School Feeding Programme, NHGSFP and the Conditioner Cash Transfer Programme, CCTP.
The minister further stressed that the programmes were designed to serve as various forms of social safety nets specifically targeting those at the bottom of the social ladder who requires some form of assistance to enable them to become productive members of society and prevent more people from falling below the poverty line.
She said: “A wide range of sustainable development goals including poverty reduction, education, health, social inclusion and empowerment can be achieved through the NSIP.
“Section 17(3) of the constitution provides that the State shall direct its policy towards ensuring that all its citizens without discrimination have the opportunity of securing adequate means of livelihood and ensuring provision is made for public assistance in deserving cases of need among others.
“Contributory social protection schemes such as social insurance, health insurance, and the pension scheme are all backed by legislation. The laws are, The Nigeria Social insurance Trust Fund Act, the National Health Insurance Authority Act, and the Pension Reform Act.
“The NSIP, which is a non-contributory social protection scheme is not backed by any law and this underscores the need for it to also have a piece of legislation”.
According to her: “Since the inception of the NSIP in 2015, one million youths have been empowered through the N-Power Programme and additional 500,000 others are currently undergoing various trainings under the programme as approved by the President.
“The cash transfer has enrolled 1,975, 381 poor and vulnerable households from the National Social Register into a National Beneficiary Register. The NBR alone has 9, 841, 700 household individuals in the 36 states of the federation.”
The Cash Transfer programme, she avowed, supports the poor and vulnerable to improve consumption and develop savings skills to reduce poverty and helps build their resilience to withstand shocks.
“A total of 1, 940, 004 beneficiaries are currently receiving cash transfers monthly,” she affirmed.
In the same vein, she said public primary schools across the country “have witnessed an unprecedented number of new enrollment as a result of the National Home Grown School Feeding Programme.”
The programme, she said, is “currently feeding 10 million pupils in over 66, 000 public schools across Nigeria” and is “gradually reducing cases of out-of-school children nationwide.”
She further revealed: “Currently, 2, 653, 333, beneficiaries have accessed the GEEP loans under three categories including Trader Moni, Market Moni and Farmer Moni.
“A total of 1, 142, 783 individuals across the country have registered to benefit from the second round of GEEP under the three loan programmes.”
Chairman of the Senate panel, Senator Yusuf Abubakar Yusuf (APC, Taraba Central), explained that the retreat was aimed at bringing together, critical stakeholders from the executive arm of government to be at par with the legislature on the proposed legislation.
“Information is a very important tool for legislation. Since the government policies emanate from legislation, we invited critical stakeholders from the ministry and other agencies so that they can furnish the committee with vital information that would enable them to come up with robust legislation for the NSIP establishment,” he said.

Continue Reading

News

FG Targets Production Of Locally Made Vehicles By Dec

Published

on

The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

Continue Reading

News

Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

Published

on

The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

Continue Reading

News

Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

Published

on

A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

Continue Reading

Trending