Connect with us

Business Africa

Kwara Releases N300m For Social Investment Programme

Published

on

KWARA RELEASES N300M FOR SOCIAL INVESTMENT PROGRAMME | COVID-19 | cases | money
In an attempt to cushion the effects of lockdown and support business owners, Kwara State Government has released the sum of Three Hundred

N300M Released For Social Investment Programme in Kwara State

Kwara State News | NCBN

In an attempt to cushion the effects of lockdown and support business owners, Kwara State Government has released the sum of Three Hundred Million Naira for the State’s Social Investment Programme (KWASSIP) which targets the poor.

Just In: FG Set to Disinfect Schools Across the Country Before Re-opening

Commissioner for Finance and Planning, Mrs Oyeyemi Olasumbo Florence, disclosed this when she received the KWASSIP Anchor Mohammad Brimah and some members of his team in her office on Monday.

Oyeyemi said the money released for the programme, which is just one of the many people-focus policies of the AbdulRahman AbdulRazaq administration, was meant to fund the safety net initiative targeted at the poorest of the poor, including the aged, the widow and others at the lowest wrung of the economy.

“This is to lift as many people as possible out of the poverty line,” she said, adding that at least N100m would be disbursed this week to roughly 20,000 transport workers in the state as “Òwó Ìsówó in form of soft loan that was designed to lessen the effects of the lockdown on local transporters.

Also, READ:

He said the disbursement would soon be extended to other categories of beneficiaries captured under the KWASSIP law.

Brimah, for his part, commended the government for what he called a laudable programme that he asserted would cut down the poverty rate, saying that the disbursement of the money would begin later this week.

Brimah said the disbursement would as enumeration continues for other programmes across various coal government areas of the state.

Brimah added that the KWASSIP would do its best to make the programme a huge success for the state as envisaged by the Governor.

KWASSIP, the pivotal social security programme of the AbdulRazaq administration, has four components such as school feeding (Ounje Ofe); conditional cash transfer (Owo Arugbo); trader Moni (Owo Ishowo); and K-Power which seeks to train and empower unskilled people of various age brackets.

The Governor had recently said that the administration would scale down capital projects and overhead costs but would prioritise high-impact projects and social spendings to cater to the masses in the face of dwindling revenue.

Mrs Oyeyemi Olasumbo Florence
Hon. Commissioner for Finance and Planning
May 5, 2020.

Meanwhile, Kwara State published the status of things regarding COVID-19

SEE POST BELOW

The Executive Governor of Kwara State, Abdulrahman Abdulrazaq in a broadcast, said more patients have been discharged after testing negative to the COVID-19 (coronavirus) and he has launched a Digital Training for KWARANS during this lockdown period.

SEE POST BELOW

Business Africa

Namibia Bans Cattle Movement Following Food, Mouth Disease Outbreak

Published

on

By

Namibia bans cattle movement following food, mouth disease outbreak Read more at: https://www.vanguardngr.com/2020/10/namibia-bans-cattle-movement-following-food-mouth-disease-outbreak/

Namibia has placed a ban on the movement of all cloven-hoofed animals and their products in the country’s Kavango East region after an outbreak of Foot and Mouth Disease (FMD) was confirmed.

In a statement, the executive director of  Namibia’s Ministry of Agriculture Percy Misika said that Namibia had detected a Foot and Mouth Disease outbreak in the FMD protection zone.

The Executive Director added that all movement of animals across the Namibian or Angolan international borders has also been suspended.

Click to Watch Our YouTube Videos:

“All animal gatherings such as auctions and cultural shows are suspended including the slaughtering of cloven-hoofed animals except vaccinations,” Misika said.

Misika said surveillance teams have been sent to the region to establish the extent of the outbreak and So far, investigations by officials showed that 13 out of 657 cattle tested positive for FMD.

Incase You Missed:

New Canadian Covid-19 Gargle and Spit Test is First of its Kind

Zika Virus Outbreak In India – No Death Report yet – World News

W-H-O Certifies Africa Free of Wild Polio Virus

Tragedy averted as fire hits popular Olaleye market in Lagos 

Breaking News: Akpodoro Dumps Buhari For PDP

Presidency says no going back on executive order 10

 

Continue Reading

Business Africa

President Buhari Warns ECOWAS Against Tenure Elongation

Published

on

By

President Buhari Warns ECOWAS Against Tenure Elongation

President Muhammadu Buhari has strongly warned that with the enormous socio-economic and security challenges confronting west Africa, the sub- region cannot afford another political crisis in the guise of tenure elongation.

Buhari said this while addressing the 57th Extraordinary Session of the Authority of ECOWAS Heads of State and Government in Niamey, the Republic of Niger.

Watch Our YouTube Videos

“It is important that as leaders of our individual member states of ECOWAS, we need to adhere to the constitutional provisions of our countries, particularly on term limits. This is one area that generates crisis and political tension in our sub-region.

“As it is, the challenges facing the sub-region are enormous; from socio-economic matters to security issues, the ECOWAS sub-region cannot therefore afford another political crisis, in the guise of tenure elongation,’’ he said.

He also expressed worry over the premature adoption of ECO as a single currency by French speaking West African Countries, stressing the need for them to return to the agreed roadmap.

Incase You Missed:

Ghana Economic War: Ghana Closes 400 Nigerian Businesses

Abbay Thakur, India’s investment in Nigeria Total $10b.

Ogun State Serial Killer “Spartan” Killed

Missed The Last Exhibition? SECUREX West Africa 2018 Is Going To Be Massive

 

Continue Reading

Business Africa

Nigerian Stocks Beat Global Slowdown With N154B Gain

Published

on

Nigerian Stocks Beat Global Slowdown With N154B Gain

Nigerian stocks continued to increase as investors took advantage of low share prices and continued to buy bargain stocks throughout the week, resulting in the stock price closing with an average return (increase) of 1.17% at the weekend, the second highest gain among global advanced and emerging markets. Kenya recorded an average return (increase) of 3.4%

Click To Watch Our YouTube Videos;

Trading reports at the Nigerian Stock Exchange (NSE) at the weekend showed the overall consensus across the market was for buying stocks across major sectors as investors continued to react positively to news of how much money is being made by companies in the first half of 2020. The benchmark index for Nigerian equities, the All Share Index (ASI), closed weekend with average increase of 1.17 per cent, equivalent to a net increase across all the shares in the index of N154 billion

You Can Also Read;

The Nigerian Oscar Selection Committee announces call for Feature Film entries to the 93rd Academy Awards

Extortion’: Group Claims Loss Of Over N50 Million Worth Of Donkey Skins In Nigeria

NERC DEBUNKS PLANS TO INCREASE ELECTRICITY TARIFFS

New Order: CBN Raises Exchange Rate For Cargo Imports (326 ->361)

NSE Sustains Bearish Trend, Dips 0.22% On Wednesday

Continue Reading
COVID-19 PREVENTION

infectious diseases in your community. It is very important to wash your hand frequently with soap under running water.

COVID-19 IS REAL

Inside Nigeria's Covid-19 wards

“I can’t bury my sister”The pain of Covid-19 is real.Watch and share video 👇BBC News Africa

Posted by BBC Media Action Naija on Wednesday, July 8, 2020

#COVID19NIGERIA Situation Report

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

GALLANT OFFICER

Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

Currency Calculator

Currency Calculator

Amount
From :
To :

Trending