" ITREALMS: beneficiaries
Showing posts with label beneficiaries. Show all posts
Showing posts with label beneficiaries. Show all posts

Monday, October 09, 2023

SAfER: Oyo rolls out loans for YEAP beneficiaries - ITREALMS

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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.
SAfER: Oyo rolls out loans for YEAP beneficiaries - ITREALMS
YEAP is an Oyo State programme targeted at training young people in modern technology-driven agribusinesses and providing them with enterprise support.

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.

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.

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

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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.

Further, ITRealms reports that a detailed report is underway for presentation to the Acting President, Professor Yemi Osinbajo, as part of the process for approval for the release of any subsequent tranches. 

Remmy Nweke/ED, Ops
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