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Breaking: Federal Government Allocates N135 Billion To 36 States And FCT From $750 Million World Bank Loan

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The Federal Government has released a sum of N135.4 billion to states and the Federal Capital Territory as part of the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) initiative, following the second Independent Assessment of Results. Dr. Abdulkarim Obaje, the National Coordinator of NG-CARES, conveyed this announcement in a statement on Sunday through Suleiman Odapu, the Information and Communication Officer at NG-CARES….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

NG-CARES, a multi-sectoral program supported by the World Bank with a budget of $750 million, aims to provide essential emergency relief to vulnerable and impoverished Nigerians. The initiative particularly focuses on supporting smallholder farmers and Micro, Small, and Medium Enterprises (MSMEs) severely affected by the COVID-19 pandemic.

Obaje explained that the disbursement of funds was tied to the performance of states and the FCT in their efforts to assist the underprivileged under the NG-CARES initiative. Nasarawa, Cross Rivers, and Zamfara emerged as the top performers, receiving N13.6 billion, N10.9 billion, and N10.2 billion in the second round of the program assessment.

He highlighted, “The top three best-performing states in this Second Round of Assessment are Nasarawa, which earned N13,697,828,496.96, Cross River N10,944,747,818.84, and Zamfara N10,231,055,267.82. This is a milestone achievement in the efforts of President Bola Tinubu’s administration at providing funds towards addressing multi-dimensional poverty in the country.”

It is worth noting that NG-CARES was launched by former Vice-President Yemi Osinbajo in January 2022, with a World Bank loan of $750 million allocated over two years (2021-2023). Each state received an intervention allocation of $20 million, with $15 million allocated to the Federal Capital Territory and an additional $15 million for the Federal Cares Support Unit.

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“I Won’t Go Empty-Handed” – Wike Sends Strong Message After Declaring Support For Tinubu.

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The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has urged members of the Peoples Democratic Party (PDP) and other opposition parties to support President Bola Tinubu’s re-election bid ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

Wike stated that politicians across different camps appeared to be competing to demonstrate their contributions to Tinubu’s anticipated victory, hoping to secure political benefits in return.

reports that the minister made the remarks during a meeting with political stakeholders in Rivers State, where he sought the support of Governor Siminalayi Fubara’s camp for Tinubu’s second-term ambition.

According to Wike, politicians are positioning themselves to show the president the number of votes they can deliver in 2027 and subsequently make demands based on their contributions to his victory.

He explained that the prevailing political atmosphere had become a competition among different groups seeking recognition and a share of the benefits associated with supporting the president.

Wike said, “There is something going on now, like a competition. Everybody wants to say, ‘Mr. President (Tinubu), we are the ones that made you to win, see the number of votes we brought, so Mr. President, this is what we brought, what is our own stake?’ That is the politics we are playing now. It’s Mr. President, we are here, look at us too.

“Everybody in PDP must support Mr. President, that’s what we are doing. Everybody will collapse and vote for Mr. President.”

However, the FCT minister clarified that his push for Tinubu and the All Progressives Congress (APC) in the presidential election would not translate into unconditional support for the ruling party in other electoral contests in Rivers State.

He maintained that local political interests would continue to influence decisions regarding other elective positions, insisting that his camp would not allow the APC to dominate every contest in the state.

Emphasising his position, Wike said political calculations must take local realities into account, adding that he expected his own camp to secure benefits from its support for the president.

“But politics is local; we can’t allow them to take everything. I won’t go empty-handed,” the minister added.

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“Dele Giwa’s Murder Made My Son Abandon Journalism” – Ray Ekpu Reveals Family’s Painful Experience

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Veteran journalist and co-founder of Newswatch magazine, Ray Ekpu, has revealed how the assassination of the publication’s founding Editor-in-Chief, Dele Giwa, prompted his young son to abandon his dream of becoming a journalist.....KINDLY READ THE FULL STORY HERE▶

Ekpu made the revelation on Monday during the presentation of the book Dele Giwa’s Granite Journalism at the Nigerian Institute of Journalism in Lagos.

The book features a collection of Giwa’s writings published in Daily Times, Sunday Concord and Newswatch.

Giwa was assassinated on October 19, 1986, after a parcel bomb delivered to his residence in Ikeja, Lagos, exploded during the military regime of former Head of State Ibrahim Babangida, who ruled Nigeria from 1985 to 1993.

Recounting his relationship with the late journalist, Ekpu explained that their families lived in the same duplex in Ikeja and shared a close relationship.

He disclosed that his five-year-old son had admired Giwa and often expressed his desire to follow in his footsteps by becoming a journalist. However, the tragic incident changed the boy’s mind.

According to Ekpu, his son informed him just days after Giwa’s assassination that he no longer wanted to pursue journalism because he feared suffering the same fate as the late editor.

Recalling the conversation, Ekpu said, “My five-year-old son used to tell me that he would like to be a journalist like Daddy Uncle Dele. But a few days after Dele’s assassination, my son came to me and said, ‘Daddy, I have changed my mind.’

“I asked him, ‘You changed your mind about what?’ He said, ‘I don’t want to be a journalist anymore.’ I asked him, ‘Why?’ And he said, ‘I don’t want to be killed like Uncle Dele.’”

The veteran journalist noted that the incident demonstrated how even a young child could understand the dangers associated with the profession following such a tragic event.

Ekpu added that his son eventually pursued a different career, far removed from journalism.

He said, “Today, the guy works in a different profession far away from journalism.”

Beyond the personal impact of Giwa’s death, Ekpu expressed disappointment that four decades after the assassination, efforts to secure justice for the slain journalist had remained unsuccessful.

He recalled how members of the Newswatch team worked for years with their lawyer and friend, the late human rights activist Gani Fawehinmi, to pursue the case.

However, he lamented that their efforts were thwarted by what he described as “the forces of oppression.”

Expressing his frustration over the unresolved murder, Ekpu said the team had reached a point where they could only entrust the matter to God.

He stated, “So, at this point, all we can do is to leave the criminals who assassinated our partner, friend and brother in the able hands of God Almighty because the good Lord says vengeance is mine.”

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“You Demand Good Governance, They Tell You To Mind Your Business” – Sabinus Blasts Nigerians’ Attitude.

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Popular Nigerian comedian and skit maker, Sabinus, has expressed worry over the state of affairs in Nigeria, questioning why citizens continue to face criticism when they speak up about governance and accountability.....KINDLY READ THE FULL STORY HERE▶

The comedian shared his concerns in a social media post, where he highlighted what he described as the contradictory treatment of Nigerians who either demand good governance or choose to stay out of political matters.

According to Sabinus, citizens who call on the government to perform better are often told to mind their business, while those who choose not to get involved are equally subjected to insults.

He questioned when Nigerians would unite to demand accountability and insist on receiving the rights and benefits they deserve from those entrusted with political leadership.

In his words, “A lot is going on in this country and we’re just keeping quiet. 💔🤐 You demand for good governance, they tell you to mind your business. You try to mind your business, they still insult you. When are we going to come as one and demand for what we’re being owed?”

Meanwhile, Seyi Tinubu, son of President Bola Tinubu, has acknowledged the economic difficulties Nigerians are experiencing.

He stated that every generation inherits a country with existing challenges but also has a responsibility to make decisions that will improve the lives of future generations.

Seyi maintained that the administration of President Bola Tinubu had chosen to confront Nigeria’s longstanding problems, arguing that its decisions were intended to create a better future for younger Nigerians.

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