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100 Women Traders Receive ₦10 Million Empowerment Grant in Abuja

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By Alexis Uchendu

The Frugal Empowerment Foundation has disbursed ₦10 million in grants to 100 female petty traders in Abuja, with each beneficiary receiving ₦100,000 to enhance their businesses.

 

The initiative, executed under the Foundation’s Small Business Empowerment (SBE) scheme, is aimed at supporting financially vulnerable women.

 

Since its inception in 2019, the scheme has empowered hundreds of women across Nigeria, aligning with the Foundation’s mission to combat poverty and uplift underserved communities globally.

 

Speaking at the event, Peter Osezua, founder of the Foundation and popularly known as “Frugal,” stressed the importance of empowering women to attain financial independence.

 

“This initiative targets women who are financially struggling to sustain or grow their businesses.

 

“By providing these grants, we aim to strengthen existing ventures and encourage new ones,” Osezua said.

 

Osezua, who is based in London, highlighted the Foundation’s extensive impact since 2017, boasting over two million community engagements globally and more than 500 women empowered in Nigeria alone.

 

Esther Tawasimi, Special Adviser to the Abuja Municipal Area Council (AMAC) Chairman on Women Affairs, praised the initiative, describing it as a unique opportunity to directly uplift market women and petty traders.

 

She reaffirmed AMAC’s dedication to empowering low-income earners through various programs, including training in fashion design, fish farming, and catering.

 

Tawasimi also announced plans by AMAC to empower 300 women and 300 youths in December, with a focus on ICT skills for young girls.

 

“Empowering women and youths is a core passion of my chairman, and we remain committed to supporting those with limited financial resources,” she stated.

 

This event highlights the increasing efforts of non-governmental organizations and local councils to address the financial challenges faced by vulnerable women, fostering economic growth and self-reliance in local communities.

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Presidency Debunks Misconceptions on ‘Tax Reform Bills’, Advocates Constructive Engagement

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By Alexis Uchendu

The Presidency has addressed growing misconceptions about the Tax Reform Bills currently before the National Assembly, dismissing claims that the proposed reforms aim to eliminate critical government agencies or marginalize specific regions of the country.

In a statement released by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the government clarified that the reforms are designed to streamline Nigeria’s tax system, ease the burden on businesses, and foster a more competitive economy.

“The bills do not propose the abolition of agencies such as NASENI, TETFUND, or NITDA.

“Rather, they recommend consolidating multiple taxes into a unified system shared by these agencies until 2030.

“This ensures the agencies have sufficient time to explore alternative funding mechanisms alongside budgetary allocations,” the statement explained.

According to Onanuga, the reforms initiated by President Bola Tinubu seek to resolve longstanding concerns about the complexity of Nigeria’s tax regime, which has discouraged investment and driven businesses abroad.

By replacing inefficient earmarked taxes with a unified framework, the government aims to prioritize national development while reducing financial strain on businesses.

The Presidency criticized attempts to politicize the reform process, urging stakeholders to engage constructively during the National Assembly’s forthcoming public hearings.

Onanuga emphasized the importance of avoiding divisive rhetoric, stating:
“Leaders and citizens alike must refrain from inflaming public sentiments or polarizing the nation for political gain.

“Instead, we should focus on modernizing outdated tax laws to achieve sustainable growth and development,” he explained.

The Tax Reform Bills represent a key component of the Tinubu administration’s broader economic agenda, aimed at improving fiscal efficiency and creating a more conducive environment for investment and economic growth.

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Edo Governor Swears in Three NJC-Recommended Judges Previously Rejected by Obaseki

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By Alexis Uchendu

Edo State Governor Monday Okpebholo has sworn in three judges recommended by the National Judicial Council (NJC), rectifying a delay in their appointment under the previous administration of Governor Godwin Obaseki.

The swearing-in ceremony took place on Monday at the Government House in Benin City.

Governor Okpebholo underscored his administration’s commitment to strengthening the judiciary and upholding the doctrine of Separation of Powers.

He remarked: “In June 2023, the NJC recommended eight individuals for appointments as judges of the Edo State High Court.

“While five were sworn in by the past administration, three were excluded.

“Today, we are privileged to address that omission and ensure justice prevails,” he said.

The newly sworn-in judges—Justice Ojo Maureen Osa, Justice Okundamiya Godwin Jeff, and Justice Edoghogho Eboigbe—were urged to dispense justice without bias and protect the rights of all citizens.

Governor Okpebholo reiterated his stance against marginalization, adding: “No individual should face discrimination or hatred due to personal reasons or the absence of political godfathers.”

Speaking on behalf of the appointees, Justice Ojo Maureen Osa expressed gratitude for the opportunity and vowed to uphold justice. She assured: “We will deliver justice without fear or favor, contributing to a fair and effective judiciary. May your tenure, Governor, be marked by success and the promotion of justice for all.”

The move fulfills Okpebholo’s inauguration promise in November 2024 to address judicial challenges and ensure a robust justice system in Edo State.

The swearing-in highlights his administration’s dedication to rectifying past oversights and strengthening the judiciary for the betterment of the state.

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PAP Clarifies AGF’s Audit Report, Attributes Infractions to Previous Leadership

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By Alexis Uchendu

The Presidential Amnesty Programme (PAP), has addressed concerns raised by the Auditor-General of the Federation’s (AGF), audit report, clarifying that the alleged financial irregularities highlighted in the document occurred before the tenure of the current leadership.

The PAP confirmed that the infractions, including unauthorized withdrawals exceeding ₦6 billion and undocumented tuition payments, pertain to events from 2020 to 2021.

In a statement issued on Monday, Mr. Igoniko Oduma, Special Assistant on Media to the PAP Administrator, Dr. Dennis Otuaro, emphasized that these issues are unrelated to the present administration.

Dr. Otuaro, appointed in March 2024, has since prioritized financial accountability and operational reform within the organization.

The statement read: “Since his appointment, Dr. Otuaro has strictly adhered to extant rules and regulations governing financial transactions.

Under his leadership, the PAP office has implemented stringent financial controls and oversight mechanisms to promote transparency and accountability.”

Dr. Otuaro has also initiated a thorough review of the Programme’s operations,

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