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Borno Gov disburses N32 million to 704 SMEs

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Borno State Governor, Prof. Babagana Zulum on Sunday disbursed N32 million cash to 704 Small and Medium Entrepreneurs in the state.

This brings the amount disbursed by the governor to boost small businesses to stimulate the local economy and fight poverty in the last one week to N154 million.
Sunday’s disbursement took place along Damboa road where 304 persons in small businesses received N50,000 each, and at Kulo Gumna with more than 400 equally benefiting the same sum.

A total of N35.2 million was disbursed to entrepreneurs in Sunday’s exercise. The governor had earlier given N75 million to colanut sellers, N20 million to traders around Dandal and another N24 million to traders operating around Customs Roundabout in Maiduguri.
Each of the beneficiaries also received N50,000 to boost their small businesses.

The governor at the Sunday’s programme, charged the beneficiaries to make proper use of the empowerment package given to them, while noting that the disbursement was in fulfillment of his campaign promises to the people.

Speaking to journalists after the disbursement, Zulum said: “We want to empower them, you are aware that many of our people have completely lost their means of livelihood as a result of the insurgency. Empowerment is one of the items in our 10-pact agenda, so in fulfillment of our campaign promises we have to empower our people so that they can be gainfully self-employed. I appeal to the beneficiaries to make judicious utilization of the little we have given them so that it can grown and make some impact”.

The General Manager of Borno Renaissance Microfinance Bank, Dr. Bello Ibrahim just before the governor begun the disbursement, had said over N1 billion has so far been disbursed within one year to various clubs and associations in the state to boost the economy.

The governor, had in December 2019, disbursed N384 million to empower street beggars while in January 2020, N515 million was disbursed in ‘cash for work’ programme in which 2,862 members “ECOMOG”, an outlawed group of political thugs, were paid N30,000 each monthly for a half of the year. The youths received payments for cleaning the streets.

Lagos to pass bill for real estate regulation

Lagos to pass bill for real estate regulation

The Lagos State House of Assembly is set to pass a new bill to regulate operations in the real estate industry.

The invoice entitled Lagos State Real Estate Regulatory Authority’ went through a public hearing Thursday in the meeting pavilion.

The Chairman, Committee on Housing, Bisi Yusuff, addressing experts in the sector, noted that it had become necessary for the meeting to take the problem confronting the actual estate severely through mandatory legislation.

He explained the bill was aimed at assessing the excesses of operators from the business and reducing quackery from the industry.

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He added that real estate was a critical business that hadn’t been adequately regulated and controlled in Nigeria, especially Lagos State.

Obasa stated, “This invoice commendably seeks to create a regulatory authority to oversee, monitor, regulate and manage the real estate trades from Lagos State.”

The Majority Leader of the House, Sanai Agunbiade, stated the bill was split into 37 segments, adding that the regulatory authority could be headed by a chairman,” who will be a person of repute and a professional in his area of practice with less than 15 years of cognate experience.”

Some estate operators nevertheless expressed worry over the proposed bill and complained that it didn’t provide for parallel law of their informal and formal sectors of real estate.

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A member of this Association of Estate Agents in Nigeria, Bolaji Raymond, said that the bill failed to provide for parallel regulation of the people in informal and formal sectors of property.

He added that there was no penalty for not meeting the requirements for registration, stressing that the only stated penalty was for people who had initially enrolled.

Raymond said, “Section 27 of the bill talks about qualified applicants, who did not enroll. Most of the people on the streets aren’t registered and what they do isn’t criminalized or penalized at the invoice.

“With Section 16, we’re encouraging what we’re operating away from as an individual doesn’t have to register with the CAC according to the invoice.”

The Nigerian Institution of Estate Surveyors and Valuers first Vice President, Johnbull Amayaevbo, said that there were many regions of the bill that had to be addressed and suggested that the state government identified the key professionals to have a look at the bill.

“I am rather sure the intention of the bill will nevertheless be met if the state authorities collaborate with those in the profession, that is in the constructed environment,” he explained.

Also speaking, another member of the AEAN, Ayobayo Babade, advised that young people should be invited and forced members of the board.

Responding, Eshinlokun-Sanni claimed the issue of the composition of this board could be considered, including that all the matters raised by the stakeholders would be given consideration at the bill.

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Ghana win WAFU B U-20 Championship

Ghana win WAFU B U-20 Championship
Ghana came from behind to beat Burkina Faso 2-1 and win against the WAFU B U-20 Championship trophy at the Stade Charles De Gaulles at Porto Novo on Sunday.

Set-piece specialist Precious Boah was the Dark Satellites hero, as he put a goal before shooting the winner from a freekick to hand his nation the title in the Benin capital.

It was his next freekick goal of the championship which also serves as the Total U-20 Africa Cup of Nations, Mauritania 2021 qualifiers.

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Regardless of the victory of the Ghanaians, Burkina Faso midfielder Botue swept all of the individual awards as he was called the finest Player of the Tournament and also added the Top Scorer Award for scoring three goals in the championship.

Both teams will represent WAFU B at the Total U-10 AFCON at Mauritania next February and aspire to excel at the tournament which will witness some of the very best U20 sides on the continent.

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Court reinstates 32 Ekiti varsity Employees


Court reinstates 32 Ekiti varsity Employees
The direction December 5, 2019, disengaged over 900 of its workforce for alleged certification forgery, irregular appointment, overage, along with other allegations that contravened its terms of service.

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In a lawsuit, 32 technologists of the researchers dragged EKSU, EKSU Governing Council, and EKSU Vice-Chancellor (first to third party defendants) into the Industrial Court to seek redress.

They requested the court to determine whether their employment with EKSU loved statutory protection and whether their disengagement was compatible with their status of occupation, which appreciated the statute.

Amongst others, they sought a declaration of the court their disengagement as employees of EKSU” from the manner it was done was unlawful, irregular, illegal and so null and void and of no effect.

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“An arrangement for the restoration and reinstatement of their claimants for their own offices without loss of wages, promotions, emoluments, and other allowances for them as workers of the first respondent (EKSU).

“Payment of the claimants’ three months salaries, emoluments, and other allowances owed them before the purported and unlawful disengagement.”

But counsel to the college prayed the court to not grant the request of their 32 technologists, stating they had been able to establish from the case which their appointments with EKSU were unlawfully determined.

After listening to this submission of the claimants’ and defence’s adviser, the presiding judge, Justice K. D. Damulak, declared the termination of the workers’ appointment as”unlawful, null and void.”

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SunTrust Bank Promotes SMEs with N24b loans

IN its dedication to earn the increase of the small and medium scale enterprises (SMEs) its principal focus, SunTrust Bank gave out N23.96 billion as loans and advances to the industry in 2019.

Addressing shareholders at the yearly general meeting in the weekend in Lagos, Chairman, SunTrust Bank Nigeria Limited, Olanrewaju Shittu stated despite the struggles of the year under review, SunTrust Bank managed to raise its balance sheet by 24.61 percent from N43.97 billion to N54.79 billion.

Managing Director, SunTrust Bank, Halima Buba, reiterated the commitment of the lender to the increase of the country’s economy through successful funding of the actual sector.

She said the bank was dedicated to the growth and maturation of the country’s economy through successful funding of the actual sector.

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“As you can see we raised our advances and loans by 185.41 percent from N8.4 billion to N23.96 billion and now that I am assuring you that we can do more because we’re devoted to the development of the real sector, realizing fully that, that’s the sole ways to guarantee effective growth and advancement of our country’s market,” Buba said.

Based on her, in accord with the bank’s plan, it’s likely to aggressively drive SMEs trades and part of this plan is retail banking.

“we would like to make a retail bank of selection and surely SMEs is the engine area for the development of any market and also to give financing solutions, to encourage the SMEs is going to be the only way. We can encourage the development of the market and especially in accord with the vision of the CBN and the present government,” Buba said.

She expressed pleasure that clients had substantially increased their deposit into the bank to the tune of N25.7 billion, with a rise of 38.03 percent, adding that since the bank grows, more money will be put aside for corporate social responsibility to produce the communities and people flourish.

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“The bank raised the headcount to guarantee greater business growth greater than the previous year. This one of other caused growth in consumer deposits compared with preceding year by 38.03 percent, from N18.64 billion to N25.73 billion, and growth in the bank’s overall assets from N43.97 billion to N54.79 billion,” Buba said.

She expressed optimism concerning the future of this lender presuming that despite the dangers to increase, the lender will make the most of opportunities presented from the forthcoming financial year to enhance earnings, profitability, and asset quality with a view to bringing value to its investors.

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Ogun: Two Detained for gang-raping, filming Adolescent

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: Two Detained for gang-raping, filming Adolescent

The suspects, according to the control’s spokesman, Abimbola Oyeyemi were detained after the incident has been reported in Sango police station by the sufferer.

The victim, Oyeyemi stated, had reported that the two suspects, with whom the victim resides in precisely the exact same chemical, dragged her to the area of them, stripped her naked, filmed her naked before taking turns to have unlawful carnal knowledge of her.

The Authorities in Ogun State have detained the duo of Damilare Oyeniyi, 30, and Emmanuel Okori, 20, for supposedly gang-raping that a 19-year-old woman in Ota on December 12.

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The suspects, according to the control’s spokesman, Abimbola Oyeyemi were detained after the incident has been reported in Sango police station by the sufferer.

The sufferer, Oyeyemi stated, had reported that the two suspects, with whom the victim resides in precisely the exact same chemical, dragged her to the area of them, stripped her naked, filmed her naked before taking turns to have unlawful carnal knowledge of her.

Together with these accounts, the DPO of Sango Division, CSP Godwin Idehai, was stated to possess detailed his men to search for the suspects, who’d bolted following the episode.

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The investigative efforts of the detectives, Oyeyemi demonstrated, given the desired outcome since the duo were apprehended on December 16.

They were reported to have confessed filming the sufferer’s nakedness, saying that they threatened to place the video on societal websites if she tells anyone about the incident.

Police arrest five armed robbery suspects in Abuja

Police Detain five armed robbery suspects in Abuja

The Federal Capital Territory (FCT) Police Command says that it detained five armed robbery suspects in Abuja last Wednesday.

Police Public Relations Officer, ASP Yusuf Mariam, said in a statement on Sunday that they had been detained around Wuse from the morning after a distress call.

She said the suspects were detained by police operatives from Wuse Division, in the course of robbing their victims of the possessions.

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Mariam said that they confessed to being accountable for criminal actions across the Wuse axis.

“The suspects are **Sanusi Ibrahim 20years, Salim Umar 19years, Kabiru Umar 19years, Shamsudeen Rabiu 20years and*Ibrahim Shehu 19years all man. * Exhibits regained are: Eight (8) wristwatches made from silver and gold, five(5) I-pads, five(5)* laptops, twenty-five(25) ID and ATM cards, thirty-three (33) collections of silver and gold jewelry, thirty(30) UAE Dirham, three* thousand(3,000) CFA, one hundred (100) South African Rand, twenty-five million * Naira(N25,000), three(3) cutlasses plus a single (1) sword. * Each of the suspects will be arraigned in court at the conclusion of the investigation.

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“While attractive to residents to immediately report all suspicious moves inside their area, the Control wants to reassure residents of its unflinching resolve to tackle crime and ensure security in the FCT throughout the Christmas/New year bash,” the announcement read.

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COVID-19: Uzodimma orders Employees to Remain at home

Imo State Governor Hope Uzodinma on Sunday ordered employees to Remain at home until further notice after the upsurge at Covid-19.

He also revealed in the country broadcast that using 920 new confirmed cases recorded in December alone in the nation, the nation has listed six deaths.

Describing the problem in the country as terrifying, he revealed that recent PCR-Based tests completed in the nation with regard to the principles of the National Centre for Disease Control (NCDC), demonstrated a frightful upsurge in the supported instances curve.

“Regrettably, although the grim realities of rising Covid -19 infections have been facing us daily, and overall complacency and a false sense of security amongst our visitors to Covid -19 security protocols stay the order of their day. The opportunity to do this is now. The impending hazard posed by the individual traffic spike occasioned from this season makes drastic and immediate actions in this direction equally cogent and pressing.”
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In this regard, he cautioned that there is an absolute need to prevent collecting of audiences of at least a hundred individuals anywhere in the nation. Where such audiences must collect, those involved need to wear face masks.

There ought to be wash hand racks easily available with alcohol established sanitizers at these events.

This usually means that the state secretariat, which is a significant crowd puller, will stay shut, from tomorrow to the public until further notice.

Mobile courts are deployed all around the country to test any individual captured without wearing face masks.

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Equally, all Covid-19 security protocols will undoubtedly be rigorously enforced. “These include the provision of clean hand racks and sanitizers in worship and markets places. Any individual or persons captured not observing these security protocols will be retrieved from the Mobile courts.

“As we apply the security protocols and track the circumstance, we will regularly review developments to ascertain additional steps which could be critical.

” I won’t need this Christmas to be the final for any people. Let’s consider these security protocols observe them tenaciously. It’s in the interest of all people to achieve that.”
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Banditry: Troops rescue islamiya children, recover rustled cattle in Katsina

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Troops of Operation HADARIN DAJI in conjunction with Police and local vigilante deployed at Dandume LGA of Katsina State have rescued scores of Islamiya children and recovered a herd of cattle from bandits in the state.

According to the Coordinator Defence Media Operations, Major General John Enenche, the troops received a distress call at about 11:30 PM on 19 December 2020 from locals at Mahuta village that suspected bandits were moving with unconfirmed numbers of Islamiya children mostly girls and rustled cattle.

‘The children were returning from Maulud programme at Unguwar Al- Kasim village at Dandume.

”In reaction to the distress call, troops quickly mobilized to the scene, laid ambush and blocked bandits’ route along Daudawa-Kadisau and road Sheme Mairuwa and Unguwar Audu village.

‘While patiently waiting for the bandits at the ambush and blocking position, troops established contact with bandits and engaged them.

”During the fierce battle, troops superior fire power forced bandits to abandon the children and the rustled cattle thereby forcing the bandits to flee in disarray into the forest.

‘The troops thereafter, searched the general area and rescued the 39 kidnapped girls in addition to the recovery of 8 rustled cattle. The victims have been reunited with their families while the recovered cattle handed to the owners.

‘Troops have dominated the general area with aggressive patrol to forestall further occurrence.” He added.

He commended the gallant troops and other security agencies for their sustained successes, while equally appreciating the locals and vigilantes for the cooperation in tackling the insecurity in Katsina State.

Bandits meet waterloo as troops intensify operations in Benue State

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Troops of Operation Whirl Stroke have killed two gang members of the late Benue militia war lord ‘Gana’ as they intensify clearance operations in the area.

In a statement, Coordinator Defence Media Operations Major General John Enenche said in continuation of efforts to forestall banditry and other criminal activities in the North Central Zone of the Country, troops have continued to sustain both kinetic and non-kinetic operations in the Zone.

”On 16 December 2020, troops of Operation WHIRL STRIKE, acting on credible intelligence on identified hideout of some of late Gana’s militia gang members in parts of Katsina-Ala Local Government Area of Benue State, conducted a dawn raid on the criminals’ location.

”Troops made contact and engaged the criminals at Adangbe Village in Mbacher Council Ward of the Local Government Area. The superior firepower of the troops forced the armed bandits to flee in disarray.

”However, as troops engaged the criminals in a hot pursuit, 2 of them were neutralized, while another was arrested by the gallant troops.

”During the encounter, 3 locally made rifles l, 21 rounds of 7.62mm Special Ammunition as well as other items including a motorcycle were recovered by the troops.

”The arrested one has been handed over to the Police for further action.” He added.