7 Oct 2024

The Federal Government has launched a new platform to boost youth participation in the Compressed Natural Gas (CNG) program

The Federal Government has launched a new platform to boost youth participation in the Compressed Natural Gas (CNG) program. Announced by Ayodele Olawande, the Minister of State for Youth Development, on Monday in Abuja, this initiative follows the earlier introduction of 2,000 CNG-powered tricycles by the government on October 1.


According to Olawande, the portal provides a way for young people across the country to register and connect with aggregators or tricycle owners working under the Presidential CNG Initiative (PiCNG), with the potential for participants to eventually become tricycle owners themselves. The portal ensures a transparent system for involving youths in the PiCNG scheme.


Olawande encouraged youths involved in the commercial transport sector, as well as those interested in entering it, to take advantage of this opportunity by signing up. He reiterated that the portal aligns with the government’s commitment to providing equal access to all its initiatives. Youths can visit www.youthcng.ng and www.bci.gov.ng/tricycles to find instructions and details on how to participate.


The minister highlighted that embracing CNG would foster environmental sustainability and reduce the country’s reliance on petrol subsidies. He also noted additional youth-centered programs like the National Youth Investment Fund (NYIF), with ₦110 billion allocated for supporting youth entrepreneurs, and the Student Loans program designed to make education more accessible without financial burden.


Muhammad Hassan, the president of the National Commercial Tricycle and Motorcycle Owners and Riders Association, expressed his organization’s full support for the project, ensuring members will properly use the tricycles and repay loans promptly.


Speaking at the event, Michael Oluwagbemi, CEO of the Presidential CNG Initiative (P-CNGi), represented by Tosin Coker, explained that the initiative would strengthen the Nigerian economy by reducing dependence on petrol. He emphasized that CNG is a cleaner, more cost-effective energy option, and its adoption would not only create jobs but also lessen the government’s fuel subsidy expenses.

Npower Payment Update: Expected Timeline for Stipend Disbursement


As reported by Npower News, the Permanent Secretary of the Ministry for Humanitarian Affairs and Poverty Alleviation has acknowledged that some beneficiaries have received stipends for three to four months, but the ministry is aware that graduate category beneficiaries are owed eight months while non-graduate category beneficiaries are owed nine months. The Permanent Secretary urged Npower beneficiaries and their association to remain peaceful.


The Permanent Secretary clarified that there is no set date for stipend payments yet, but stated that the issue has been escalated to the relevant departments. Beneficiaries were reassured that payment will begin soon as efforts are underway, and were also advised to ignore fake news regarding the payment.


Meanwhile, the Npower Publicity Secretary urged the Permanent Secretary to expedite the clearance of the nine months' outstanding stipends. The Permanent Secretary mentioned seeing many new representatives, especially from Bauchi State, and praised the association for its proactive efforts. He reiterated that the Minister of Finance and Coordinating Minister of the Economy is aware of the payment issue. He further added that the CEO of NSIPA, who recently took office, is also addressing the matter and that he has documents to back his claims.


The Permanent Secretary emphasized that all necessary actions have been taken and urged Npower beneficiaries to remain patient, noting that the National Coordinator is well-informed and actively handling the situation.


Source: Adex

The Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) aims to financially support one million SMEs to foster economic development.

 

At the recently concluded 2024 National Micro, Small, and Medium Enterprises (MSMEs) conference in Abuja, SMEDAN's Director General, Charles Odii, announced plans to empower over 1 million SMEs with financial assistance and capacity development.


He emphasized SMEDAN's dedication to providing funding and infrastructure to small businesses, stating that they will assess their progress in 12 months. Odii encouraged MSMEs to join cooperatives or clusters, as this will help facilitate the agency’s support. He expressed hope that beneficiaries would utilize the funds effectively to expand their businesses and create more employment opportunities.


Odii also addressed the need for capacity building within the MSMEs ecosystem, noting that many small businesses lack the necessary skills to grow. To tackle this issue, SMEDAN has launched the SME Digital Academy, offering courses on various aspects of business management, including starting with minimal capital, creating business plans, and reaching target markets. These resources aim to equip small businesses with essential skills to succeed.


Furthermore, Odii mentioned the President's N200 billion intervention fund, which allocates N50 billion in grants, providing ₦50,000 each to one million micro-businesses. He believes this financial support will boost small businesses' capacity, enabling them to contribute significantly to the Nigerian economy.

6 Oct 2024

Npower Beneficiaries Present Four-Point Agenda to Ministry of Humanitarian Affairs

 

Recent updates from Npower indicate that the Executive Committee of the National Association of Npower Beneficiaries has arrived in Abuja to meet with the Ministry of Humanitarian Affairs and Poverty Alleviation on Monday, October 7th. However, some members, including the Npower chairman from Zaria and other delegates, were still en route at the time of this report.


Adeshina A. Adex, the Publicity Secretary of Npower, stated that the Association intends to submit a four-point agenda to the Ministry:


1. Settle the unpaid stipends for nine to twelve months.

2. Provide beneficiaries with an exit package in the form of grants or loans.

3. Offer permanent roles in the civil service to program participants.

4. Lift the current suspension on the Npower program, enabling Batch D registration for new applicants.


Adeshina also encouraged all Npower beneficiaries across the country to support the Association, pray for the success of their advocacy, and help spread their messages to other Npower groups to raise awareness.



Categories of Beneficiaries for the FG's ₦24.8 Billion Cash Transfer

 


The Federal Government has recently released ₦24.8 billion for a cash transfer program aimed at benefiting 991,261 individuals. Below, we detail the various categories of beneficiaries for this initiative.


Who will benefit from this fund?


The funding is set to support programs such as the Rapid Response Register (RRR), Conditional Cash Transfer for Poor and Vulnerable Households (CCT PVHH), the National Cash Transfer Office (NCTO), and the Household Uplifting Programme (HUP).


These programs were originally introduced during former President Muhammadu Buhari's administration and have since benefited thousands of people. Under President Tinubu's Renewed Hope initiative, payments are continuing for verified beneficiaries, with the government committed to maintaining the support started previously.


Many beneficiaries have begun receiving their payment alerts, with disbursements currently ongoing.


How were people enrolled in these programs?


1. Some individuals applied via a direct code sent to their phone.

2. Others registered through a provided link.

3. Enumerators registered some beneficiaries directly.

4. There were also house-to-house registration efforts where individuals were given yellow and blue cards, among other methods.

Npower Update: Crucial Developments Expected in October Regarding Beneficiary Payments

 

On Sunday, October 6th, 2024, Npower News featured a video message from Adeshina A. Adex, the National Publicity Secretary of Npower, providing important updates for beneficiaries. Adeshina disclosed that executive committee members of the National Association of Npower beneficiaries, representing the six geopolitical zones, would be traveling to Abuja for a meeting with key officials. He confirmed his attendance and mentioned that he may conduct a live broadcast during the session. He also highlighted the significance of October for Npower, emphasizing that it could mark a turning point concerning pending payments. Adeshina urged beneficiaries to keep the initiative in their prayers to ensure a productive and favorable outcome.


The meeting in Abuja is set to involve representatives from the National Association of Npower beneficiaries, officials of the National Social Investment Programmes Agency (NSIPA), and the recently appointed Chief Executive Officer, Dr. Badamasi Lawal. The primary focus of this gathering is to address the ongoing issue of delayed payments to beneficiaries, which has reached a critical stage. Npower batch C beneficiaries are currently owed stipends for a period of 12 months, which has left many in financial distress. Further compounding the issue, President Bola Ahmed Tinubu had placed the Npower program under suspension since January of this year, with no significant updates or steps taken towards lifting the suspension or resolving payment issues since then.


Adeshina acknowledged the widespread frustration among beneficiaries and reassured them that their concerns were being taken seriously. He expressed hope that the upcoming meeting would offer a breakthrough, allowing the resumption of payments and possibly the revival of the suspended program. Beneficiaries and representatives alike have made fervent appeals to the government, especially to President Tinubu and the Ministry of Humanitarian Affairs, to address their plight and find a swift resolution.


The unpaid stipends have left many of the Npower beneficiaries in dire situations, impacting their ability to cover essential expenses and undermining the purpose of the initiative, which is to support young people across Nigeria by providing them with meaningful work experience and financial assistance. Since the suspension of the Npower program, there has been a growing outcry from beneficiaries who have found themselves facing increased financial challenges without the regular stipends they were relying on.


Adeshina’s message was not only informative but also a rallying call to Npower beneficiaries to remain hopeful and support each other through these difficult times. He encouraged the community of beneficiaries to maintain their advocacy for the payment of arrears while the leadership of the National Association of Npower Beneficiaries engages directly with NSIPA officials and the CEO, Dr. Lawal, during their meeting in Abuja.


The expectations from the upcoming meeting are high, given the growing frustration within the Npower community. Beneficiaries are hoping for a firm commitment from the authorities regarding when payments will resume and assurances about the long-term future of the Npower program. Many beneficiaries have expressed concerns over the lack of communication from the authorities since the suspension in January. They are seeking clarity, not only on the payment issue but also on whether the program itself will be reinstated, as it plays a vital role in providing opportunities and financial stability for Nigerian youth.


The suspension of the Npower program earlier this year by President Tinubu was implemented as part of broader reforms aimed at improving efficiency and eliminating fraud within the National Social Investment Programs (NSIPs). However, this action had an unintended consequence of putting thousands of beneficiaries in difficult positions, particularly those in Npower batch C, who have been waiting for over a year for their stipends.


The National Association of Npower Beneficiaries has been a vocal advocate for beneficiaries during these challenging times, continuously appealing to government officials for the resumption of payments and the continuation of the program. In his statement, Adeshina reiterated the association's dedication to ensuring that the beneficiaries' voices are heard and that they receive the support they are entitled to.


Moreover, the current meeting aims to determine the next steps for the program, as there have been growing calls for reforms and restructuring of the Npower initiative to make it more effective and transparent. Dr. Badamasi Lawal, the newly appointed CEO of NSIPA, has expressed a willingness to engage with the beneficiaries and listen to their concerns. His involvement in this upcoming meeting is seen as a positive step towards re-establishing trust between the agency and the beneficiaries.


Beneficiaries are eagerly waiting for more concrete answers regarding their unpaid stipends and are hoping that the meeting in Abuja will pave the way for a resolution. Many of them depend on these funds for basic needs such as food, healthcare, and education, and the prolonged delay has put them in precarious situations. The sense of uncertainty regarding the future of the Npower program has also raised anxiety levels among beneficiaries, who are eager to understand what lies ahead for them.


The decision to bring executive committee members from all six geopolitical zones to Abuja is indicative of the importance of the meeting and the nationwide significance of the issues at hand. Npower is one of Nigeria’s flagship social investment programs, designed to help young people gain skills and work experience, while also providing them with a financial cushion. Its suspension has therefore had a ripple effect on the communities and families that rely on the program.


The live recording of the meeting, which Adeshina mentioned could happen, would provide beneficiaries with much-needed transparency. This would help build trust and reassure them that their concerns are being addressed at the highest levels. Adeshina’s emphasis on the importance of prayers highlights the seriousness of the situation, as many beneficiaries have grown increasingly worried about the prolonged silence and lack of progress regarding their payments.


In his address, Adeshina also pointed out the broader context of the challenges being faced by Npower beneficiaries, which include the general economic situation in Nigeria. The high unemployment rate and economic challenges have made the Npower stipends a crucial lifeline for many young people. The delay in payments has further exacerbated their hardships, and they are looking to the government to fulfill its promise of providing support through the Npower program.


The plea to President Tinubu and the Ministry of Humanitarian Affairs is a reflection of the growing frustration among beneficiaries. Many of them are struggling to make ends meet without the support they were promised, and they are calling on the government to take urgent action to address the issues. They are also seeking reassurance that the suspension of the Npower program will be lifted soon so that they can continue benefiting from it.


The upcoming meeting represents a critical opportunity for the leadership of the National Association of Npower Beneficiaries to present the concerns and demands of the beneficiaries directly to the decision-makers. The hope is that this engagement will lead to positive outcomes, including the resumption of payments and a clear plan for the future of the program.


In conclusion, the Npower beneficiaries, through the National Association of Npower Beneficiaries, are appealing to the government to address their grievances regarding the unpaid stipends and the suspension of the program. The Abuja meeting with NSIPA officials and the new CEO, Dr. Badamasi Lawal, is seen as a crucial step in finding a resolution to these issues. Adeshina A. Adex, the National Publicity Secretary, has called on beneficiaries to remain hopeful and support the ongoing efforts to resolve the situation.


The challenges faced by Npower beneficiaries are emblematic of the broader economic challenges facing young people in Nigeria today. The Npower program was designed to be a solution to these challenges, but the suspension and delayed payments have created more uncertainty. It is now up to the government, NSIPA, and other stakeholders to work together to find a way forward that will allow the program to fulfill its original purpose: empowering young Nigerians and providing them with the skills and financial support they need to build a better future.

5 Oct 2024

5 Key Facts About the FG Renewed Hope LEEP Employment Program



As the Federal Government's Renewed Hope Labour Employment and Empowerment Programme (LEEP) prepares for its launch this month, here are five key things you should know about the initiative.


What is the LEEP Program?


The LEEP Program is a comprehensive set of initiatives by the Federal Ministry of Labour and Employment, aimed at creating 2.5 million jobs each year, both directly and indirectly.


Below are five important aspects of the Renewed Hope LEEP Employment Program:


1. Job Creation Goal: The LEEP Program aims to create 2.5 million jobs annually, directly and indirectly.


2. Launch Date: The program will be launched in October 2024.


3. Program Management: The LEEP Program is managed by the Federal Ministry of Labour and Employment.


4. Training Opportunities: The program will provide comprehensive training opportunities for women and youth, focusing on skills for the green economy. Training will include areas like solar kiosk and solar panel installation, greenhouse farming, and recycling, empowering groups often impacted by economic changes.


Consider also registering your business for FG SMEDAN Certificates.


5. Application Process: Details about how to apply for the LEEP Program will be announced later in October 2024.

4 Oct 2024

Clarification Regarding Hajiya Aisha Alubankudi's Involvement and Updates on the NPower Program


The public is hereby notified that Hajiya Aisha Alubankudi has been voluntarily providing information about pending payments related to the NPower program as a goodwill gesture towards the Nigerian community.


It is important to clarify that Hajiya Aishat Alubankudi, also known as Mummy Aishat, is not officially connected to the NPower program. She serves as the Program Manager for the Grants for Vulnerable Groups initiative and works transparently alongside other dedicated Nigerians to ensure the program's effective implementation for those it aims to help.


When she shares updates about NPower payments, it is out of appreciation for the diligent work of the program managers in addressing these outstanding issues.


Considering her active and responsive engagement online, we urge the public to be patient, as the Program Managers are doing everything possible to process the pending payments.


We thank the public for their patience, understanding, and cooperation in this matter.



Tinubu to Launch LEEP to Address Unemployment

 

Nkeiruka Onyejeocha, the Minister of State for Labour and Employment, announced that the ministry will launch the Renewed Hope Labour Employment and Empowerment Programme (LEEP) in October.


Speaking at a ministry event on Thursday, Onyejeocha explained that LEEP is part of ongoing efforts to revitalize the economy and create jobs to reduce unemployment.


According to her, LEEP is a comprehensive initiative by the Federal Ministry of Labour and Employment aimed at generating employment. The program's objective is to create 2.5 million jobs annually, both directly and indirectly, while ensuring the welfare and safety of workers nationwide.


"Through the LEEP Digital Nomads pillar, we will develop the skills of our significant youth population, enabling them to access higher-income opportunities in the global job market. This will be achieved by enhancing their digital literacy and promoting remote work skills," she said.


Onyejeocha also mentioned that the LEEP Vocational and Entrepreneurship Programme (VEP) will focus on providing relevant skills training for employment and entrepreneurship in various industries.


"We will upgrade and expand the National Electronic Labour Exchange (NELEX) platform to streamline employment recruitment processes across all job types in the country.


"Under the LEEP Job Fairs, the federal government, in partnership with private sector employers, will organize annual job fairs to connect job seekers with employers and partners across Nigeria.


"The LEEP Center for Learning Spaces initiative will upgrade and modernize existing physical assets of the Federal Ministry of Labour and Employment, as well as the National Directorate of Employment (NDE), to meet the increasing demand for training spaces suitable for apprenticeships, production hubs, and business incubators," she added.

Defaulters Will Not Face Pressure, Says FG

 


The Nigerian Education Loan Fund (NELFUND) has assured students they will not be pressured if they fail to repay their Federal Government student loans on time. This assurance comes as 260 federal and state institutions have been added to the scheme, with over 360,000 students now registered.


Speaking at a sensitization event at Ebonyi State University (EBSU), Abakaliki, on Thursday, NELFUND Managing Director Akintunde Sawyerr stressed that the loan is interest-free and that repayment starts two years after the completion of the National Youth Service Corps (NYSC), provided the student is employed. He added that the Establishment Act allows applicants to inform the agency if they are still unemployed after this period.


Sawyerr stated, "Loan repayment starts two years after graduation and NYSC. If you are not yet working, you will not be required to start repayment. So, don’t let financial constraints stop you from pursuing an education."


The event was held in collaboration with the leadership of the National Association of Nigerian Students (NANS), headed by President Lucky Emonefe, who urged students to take advantage of the loan and assured them that it is accessible to all students, not just a few privileged individuals.


Chioma Nweze, Senior Special Assistant to the President on Community Engagement (South East), pointed out that the meeting was organized to address the low interest shown by students in the South East in accessing the loan. She encouraged them to utilize this opportunity, which is open to all Nigerian students regardless of region, background, or political affiliation.


Prof. Chigozie Ogbu, Vice Chancellor of EBSU, acknowledged the challenges encountered during the application process and urged NELFUND to resolve these issues to make the process smoother. He also assured NELFUND of the institution’s commitment to assisting students in accessing the loan.


According to the NELFUND website, as of October 3, 2024, 260 institutions have joined the platform, with more than 360,000 students registered and 267,984 loan applications submitted. Over 45,440 students have benefitted from the program so far, and the first phase, launched on May 24, 2024, aims to support up to 1.2 million students.

The Federal Government Awards N150,000 Grant to MSMEs in Enugu

 

Micro, Small, and Medium Enterprises (MSMEs) in Nigeria are receiving much-needed support as President Bola Tinubu has approved a federal grant of N150,000 for MSME business owners in Enugu State. This announcement comes as Vice President Kashim Shettima inaugurated the largest ultra-modern MSME Fashion Hub in Enugu State, reaffirming President Tinubu’s dedication to fostering a business environment that enables MSMEs to thrive.


During the launch of the 5th Expanded National MSME Clinic in Enugu, Shettima announced the grant, emphasizing its significance as a direct boost for MSMEs. He also highlighted the Expanded National MSME Clinics as a federal initiative aimed at improving the ease of doing business through hands-on support for MSMEs across Nigeria, with previous clinics held in Benue, Ogun, Ekiti, and Jigawa States earlier in the year.


The Vice President assured attendees that the grant is a non-repayable contribution aimed at bolstering MSMEs and accelerating economic growth. He expressed satisfaction with the federal government's commitment to helping MSMEs, stating that they form the backbone of the Nigerian economy, accounting for 96% of all businesses and contributing over 45% to the GDP.


The event also saw the Vice President inaugurate the fashion and garment hub in Enugu, established by the federal government in collaboration with the state government. Shettima praised the facility as a critical step in supporting MSMEs, enhancing productivity, and creating approximately 48,000 jobs.


Governor Peter Mbah of Enugu expressed appreciation for the federal government’s efforts, emphasizing the importance of MSMEs for economic growth. He noted that the new fashion hub will inspire entrepreneurship among young people in Enugu, enhancing opportunities for small business owners.


Senator Osita Ngwu and Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, also commended the partnership between the federal and state governments in supporting MSMEs, with Kalu praising Shettima's empathy for the less privileged.


The Minister of Innovation, Science and Technology, Chief Uche Nnaji, announced the commencement of a nationwide training program for shoemakers, emphasizing the need for skill acquisition to tackle unemployment. Meanwhile, the South East chapter of the National Employers Consultative Association (NECA) pledged its support for federal initiatives aimed at job creation.

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