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Participants in the Oyo State’s Youth Entrepreneurship in Agribusiness Project (YEAP) are to benefit from the N500 million loan the government is rolling out to support agribusiness as part of its Sustainable Actions for Economic Recovery (SAfER), reports ITREALMS.
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Showing posts with label beneficiaries. Show all posts
Showing posts with label beneficiaries. Show all posts
Monday, October 09, 2023
Sunday, August 08, 2021
Shell doles out N48m grant on LiveWIRE beneficiaries - ITREALMS
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A total of 117 young entrepreneurs from the Niger Delta have graduated from the Shell Nigeria LiveWIRE programme and have been awarded a N48m grant to either establish or expand their businesses, reports ITREALMS.
This, ITREALMS gathered, brought the number to 7,913 the total of beneficiaries of the youth enterprise development programme since inception in 2003.
A total of 117 young entrepreneurs from the Niger Delta have graduated from the Shell Nigeria LiveWIRE programme and have been awarded a N48m grant to either establish or expand their businesses, reports ITREALMS.
This, ITREALMS gathered, brought the number to 7,913 the total of beneficiaries of the youth enterprise development programme since inception in 2003.
Thursday, April 12, 2018
Fundraising: Change-A-Life Foundation promises greater support for beneficiaries
The Change-A-Life (CAL) Foundation is
promising greater support for beneficiaries following its recently held special
fundraising auction tagged “Celebrity Iconic Piece Auctioning” at Terra
Kulture, Victoria Island, Lagos, reports ITRealms.
In appreciation to the foundation for its
immense contribution to the advancement of child rights as well as the social
and academic development of the average child, several past beneficiaries of
the foundation commended the founder, Ms. Iyanda, and appreciated her for her
passion for children.
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The event held as a part of the foundation’s
social service activities for the year 2018, had several dignitaries and
celebrities in attendance, including former First Lady of Lagos State, Mrs.
Abimbola Fashola, represented by Mrs. Azeezat Tijani, who offered to train all
beneficiaries of the foundation’s Women in Business programme in catering
services.
Also in attendance were representatives of the
famous talent and event agency, Temple Management Company; popular red carpet
and television host, Denrele Edun, who anchored the event; Ugochukwu Monye,
principal head of Ugo Monye Menswear Fashion brand and official tailor of Big
Brother Naija’s Ebuka Obi-Uchendu; Head, Digital Marketing, First Bank of
Nigeria Limited, Yinka Ijabiyi, and Toyin Lawani of Tiannah Styling.
CAL Foundation, a social non-profit
organisation passionately driven by the need to enable and facilitate a better
life for every Nigerian child, which was founded in 2002 by journalist and TV
producer, Funmi Iyanda, has consistently delivered several empowering
initiatives to support children and women.
The foundation, which is known for supporting
children who despite the harsh socio-economic situation in the country have
shown determination to thrive in their various academic endeavours, decided to
hold the event in order to raise more funds for the continued support of
academically sound, well-mannered students who are facing financial
constraints.
Speaking during the event, the Chief Operating
Officer, Sekinah Ayeyemi, stated “that the event was held in line with the
organisations mandate to promote, protect and preserve the rights and welfare
of children in Nigeria, especially in the area of academic development.
“This auctioning event provides us with the
needed support to reach out to more children. We believe that with the proceeds
from today’s event, our foundation (CAL) would definitely become enabled to
support the development of more children and the protection of their rights.”
Ms Ayeyemi further explained that the event is
also remarkable because it marks the celebration of the Foundation’s 15th year
of putting smiles on the faces of all its beneficiaries.
In appreciation to the foundation for its
immense contribution to the advancement of child rights as well as the social
and academic development of the average child, several past beneficiaries of
the foundation commended the founder, Ms. Iyanda, and appreciated her for her
passion for children.
One of the past beneficiaries, Okon Clement,
now a graduate of Tai Solarin University of Education, commended the foundation
and its founder for their steadfast love for empowering children and youths.
“This foundation has been a blessing to me in
many ways. I am a graduate today thanks to the financial support I receive as a
beneficiary of the foundation which took care of my fees from primary level of
education until I finished from the university. I pray that God continues to
bless and increase them,” Clement said.
Ayeyemi also appreciated all the supporters
and sponsors of the event for their unwavering commitment towards improving the
wellbeing of the average Nigerian child in communities all around Lagos and
beyond.
“We really appreciate all the dignitaries,
celebrities and VIP who have demonstrated their love for the children of this
great nation by supporting this event; we say a big thank you to all,” Ayeyemi
said.
She finally called on other corporate
institutions to support the foundation as well as other similar organization as
a way of showing their love for the development of the average Nigerian child
as well as in continuation of their social development activities.
Uj. N. Dominic/GEE
Pic 1: L-R: TV host, Denrele Edun; Change-A-Life Chief Operating Officer, Sekinah Ayeyemi, and Head, Digital Marketing, First Bank of Nigeria Limited, Yinka Ijabiyi
Pic 2: Some staff and beneficiaries of Change-A-Life
Monday, June 12, 2017
Top 10 beneficiaries from FG refund on Paris Club loan
The
oil-rich state of Rivers is leading in the top 10 beneficiaries from the
recently released Federal Government (FG) refunds on Paris Club loan
over-deductions between 1995 and year 2002, ITRealms exclusively reports.
ITRealms recalls that FG at the weekend
released a State-by-State breakdown as the first tranche of Paris Club refunds
paid to date.
This
is coming as the top five states are from the Niger Delta region of the
country, followed by Kano and Lagos in the sixth and seventh positions
respectively, just as the remaining in the top 10 beneficiaries are from the
north.
These
include Katsina, Kaduna, Borno and Niger States in that order, whereas no state
in the eastern region made it to the top 10, however, Imo State made it in top
12 with the sum of N14,001,610,365.94 billion.
Within
the period under review, ITRealms gathered
that between 1995 and 2002 that Rivers accrued refund amounted to 34,
925,785,322.06; Delta -27,606,963,362.46; Akwa-Ibom - 25,981,255,165.12; Bayelsa
- 24,895,696,347.55; Kano - 21,740,390,362.48; Lagos - 16,743,876,266.21;
Katsina - 16,404,261,819.71; Kaduna - 15,443,458,455.10; Borno - 14,681,869,730.63; and Niger - 14,421,586,309.89.
ITRealms also reports exclusively that the
top 10 collectively got refund worth N212,845,143,141.21 out of the N516.38bn (N516,384,636,883.81) shared among the 36 states
of the federation and Federal Capital Territory, Abuja, upon
the approval of Present Muhammadu Buhari on November 21st 2016 in
partial settlement of long standing claims by State Governments relating to
over-deductions from their Federation Account Allocation Committee (FAAC)
allocation for external debt service arising between 1995 and 2002.
These
debt service deductions were made in respect of the Paris Club, London Club and
Multilateral debts of the FG and States. While Nigeria reached a final
agreement for debt relief with the Paris Club in October 2005, some States had
already been overcharged.
Director, Information
at the Federal Ministry of Finance, Salisu Na’Inna Dambatta, told ITRealms, the funds were released to
State Governments as part of the wider efforts to stimulate the economy and
were specifically designed to support states in meeting salary and other
obligations, thereby alleviating the challenges faced by workers.
The releases were
conditional upon a minimum of 50 per cent being applied to the payment of
workers’ salaries and pensions. The Federal Ministry of Finance is reviewing
the impact of these releases on the level of arrears owed by State Governments.
Remmy Nweke/ED, Ops
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Labels:
beneficiaries,
FG,
loan,
Paris Club,
refund,
top 10
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