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NEWS ALERT!!! 774000 Public Works Jobs Commence On Wednesday

NEWS ALERT!!! 774000 Public Works Jobs Commence On Wednesday—The Federal Government says its 774,000 Special Public Works (SPW) jobs will commence on Wednesday. 

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NEWS ALERT!!! 774000 Public Works Jobs Commence On Wednesday-The Federal Government says its 774,000 Special Public Works (SPW) jobs will commence on Wednesday. 

The Genius Media Nigeria reports that the programme is designed to engage 1,000 artisans from each local government in public works for three months at N20,000 each per month. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this at a new year media briefing on Monday in Lagos.

He said the government had also launched the N75 billion Nigeria Youth Investment Fund (NYIF) targeted at interested young Nigerians between the ages of 18 and 35 years. According to him, the aim of the scheme is to financially empower Nigerian youths to generate at least 500,000 jobs between 2020 and 2023.

NEWS ALERT!!! 774000 Public Works Jobs Commence On Wednesday

To mitigate the impact of COVID-19 on the economy across all levels, the minister said the Federal Government had unveiled the Economic Sustainability Plan to support families, small and medium enterprises and the manufacturing sector.

He said a major highlight of the plan is the provision of solar power to five million Nigerian households in the next 12 months. The minister also said the initiative would produce 250,000 jobs and impact on 25 million beneficiaries through the installation.

He said various other interventions were made through the Government Enterprise and Empowerment Programme as well as the Trader and Market Moni loans. “For the very vulnerable, significant steps taken include the expansion of the National Social Register to 3.6 million beneficiaries across the 36 states.

” Support was provided to over 8.8 million households through the 70,000 Metric Tons food grains released from the Strategic Reserve.

“ About 1.3 million vulnerable households also benefited from the Conditional Cash Transfers across 34 states,’’ he said.

The minister said the Central Bank of Nigeria also announced a number of measures to cushion the impact of the pandemic, including reduction of the interest rate on intervention loans from nine per cent to five per cent He said a one-year extension of a moratorium was granted on principal repayments for CBN intervention facilities.

Mohammed further said the CBN created N50 billion target credit facility for affected small and medium enterprises as well as one trillion naira in loans to boost local manufacturing and production across critical sectors.(NAN)

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Business

Real Reason Why CCT Spokesperson Ibraheem Alhassan Was Removed

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Real Reason Why CCT Spokesperson Ibraheem Alhassan Was Removed

Real Reason Why CCT Spokesperson Ibraheem Alhassan Was RemovedThe Genius Media Nigeria reports that the spokesman for the Code of Conduct Tribunal, CCT,  Ibraheem Alhassan, has been replaced after releasing a statement filled with errors while defending the Chairman of the tribunal, Danladi Umar.

Recall that Umar was caught in a video assaulting a security guard at the Banez Plaza in Abuja.

Alhassan who was condemned for the statement which was filled with grammatical errors noted that the statement was an unedited draft that had not received authorisation.

Reason Why CCT Spokesperson Alhassan Was Removed

The Chief Registrar of CCT, Abdumalik Shaibu, while confirming the recall of Alhassan to The Cabel by the Ministry of Information said a replacement has been sent to the tribunal.

“I got the news that he has been recalled but there is no official letter yet from the ministry.”

“I was told there is an official letter but we are still waiting for it. A replacement came in last Friday, and Ibrahim came to introduce him to us.”

“We are hoping an official letter will come this week so that the new person can resume fully.”

When asked if there is a fixed tenure for the position, Shaibu said he was unaware.

“It is like a routine posting. They can post and recall at any time. Ibrahim has spent about seven years with us,” he said.

“There is no fixed tenure. Or the ministry should know. We don’t know what the norm is in the ministry. We just see them.”

Shaibu also said he didn’t know the reason(s) given for Alhassan’s recall.

“Maybe if I see the letter which we are still expecting, the reasons might be stated,” he said.

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Business

BREAKING: EFCC Arrests Senator Rochas Okorocha [DETAILS]

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BREAKING: EFCC Arrests Senator Rochas Okorocha [DETAILS]

BREAKING: EFCC Arrests Senator Rochas Okorocha [DETAILS]—The Genius Media Nigeria reports that the Economic and Financial Crimes Commission (EFCC) has arrested Imo West Senator and former Imo State Governor, Rochas Okorocha.

This reliable platform gathered Okorocha was arrested in his office on Tuesday by EFCC operatives for alleged money laundering charges.

BREAKING: EFCC Arrests Senator Rochas Okorocha [DETAILS]

The arrest has also been confirmed by the spokesperson of the anti-graft agency, Wilson Uwujaren, who told Vanguard in a telephone chat that: “Okorocha has been arrested by our men.

Developing story…

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Banking

UBA Business Series To Equip SMEs With Performance Management Strategies For Organisational Growth

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UBA Business Series To Equip SMEs With Performance Management Strategies For Organisational Growth

UBA Business Series To Equip SMEs With Performance Management Strategies For Organisational Growth—-As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan African financial Institution, United Bank for Africa (UBA) Plc, is set to organise the next edition of its UBA Business Series.

The UBA Business Series which is a monthly event, is an MSME Workshop as well as a capacity building initiative of the bank where business leaders and professionals share well-researched insights on best practices for running successful businesses, especially in the face of the difficult operating environment that dominates the African business landscape.

Through this initiative,  UBA has been assisting with essential tips to help businesses re-examine their models and strategies and ensure that they stay afloat and remain thriving.

The topic for the next edition of the series  is ‘ Managing Performance for Business Growth,’  and it will be held on Wednesday, April 14, 2021 via Microsoft Teams. At this session, the Managing Director, Secure ID Limited, Mrs Kofo Akinkugbe, will be sharing useful tips and insights on the key strategies of performance management to boost business growth.

UBA Business Series To Equip SMEs With Performance Management Strategies For Organisational Growth

Akinkugbe is the founder of SecureID Nigeria, a MasterCard, VISA and Verve certified Smartcard Personalization Bureau and Digital Technology company. She currently serves as the Managing Director/CEO, Secure Card Manufacturing, – a Smartcard manufacturing plant producing high security identity cards and documents for the Banking, Telecoms and Public sectors across Africa and beyond.

The capacity building event is a virtual session which is open to all – including business owners and leaders – and will be held on Wednesday, April 14 th, 2021, at 2pm WAT. Interested participants can register via  http://bit.ly/UBASMEWorkshopMarch2021

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UBA’s Head, SME Banking, Sampson Aneke said of Akinkugbe,  ‘with her vast experience garnered over the years from various sectors,  she  will help business owners understand how performance management strategies can be effectively implemented to ensure business growth’.

He emphasised UBA’s commitment and deep passion for small businesses, which according to him, remains the engine of any developing economy adding,  “We know small businesses are the backbone of the economy in every country. In many climes, businesses with fewer than 100 employees account for 98.2% of all businesses. This no doubt captures the importance of SMEs to a thriving economy which is why UBA is committed to seeing them flourish.”

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