Connect with us

Economy

Kwara begins distribution of 250,000 bags of rice palliatives in first phase

Published

on

Kwara State Government on Wednesday flagged off the distribution of rice palliatives to the most vulnerable persons in the state, with the committee saying it would share at least 250,000 10kg bags in the first phase.

In what was an attempt to ensure nonpartisanship, fairness and equity, Governor AbdulRahman AbdulRazaq on August 22 inaugurated the 12-person committee to coordinate the distribution of the palliatives purchased with the N2bn so far received from the Federal Government.

At the flag off of the distribution in Ilorin, the state capital, the Governor said the palliatives are only a show of empathy with the people as more sustainable initiatives are being implemented in phases.

He was represented by the Speaker Kwara State House of Assembly Engr Yakubu Danladi Salihu.

The Governor said: “This is only a fraction of what we have done to identify with the people at this very critical moment of our national life. Palliatives are a stop-gap measure to cushion the effect of the removal of fuel subsidy on the most vulnerable among us.

“Over the last few weeks, our government has rolled out different palliative measures to support the people in the formal and informal sectors. Also, we had earlier distributed the five trucks of rice we received from the Federal Government. We acknowledge the limits of this distribution in terms of the reach.

“Today, we are flagging off the distribution of the first consignments of rice we purchased with the N2bn so far received from the Federal Government. We are distributing at least 250,000 10kg bags of rice in this phase.

“Beneficiaries will be identified on a nonpartisan basis by the committee of eminent Kwarans. This committee has continued to consult with different blocs of our communities as well as evidence-based registers of vulnerable people domiciled with key agencies of government such as the health insurance, primary healthcare agencies, as well as the World Bank. Distribution will be done in accordance with the timetable and logistics of the committee.

“For me, the most important aspect of today’s event is not the quantity or the sheer reach of the grains to be distributed. The most significant thing is the spirit of empathy that is behind what we are doing. The government at all levels empathises with the people across all social strata of our society. We are committed to taking every step possible to help the people cope with the inconveniences of this time.

“Huge investments are being made to boost the manufacturing sector, strengthen local production of food through commercial agriculture, local production of CNG and electric vehicles, and mass employment for young people in different aspects of the economy.

“We are a resilient people. I have no doubt that we will emerge from this tough situation much better and stronger as a nation.

“On that note, I have the honour to flag off the distribution of these palliative. I urge our people to trust the committee to do justice to the assignment, bearing in mind that the whole essence of this modest effort is to show concern to the plight of the people, especially the most vulnerable among us.”

The event was attended by members of palliative committee and beneficiaries of the first batch, including representatives of Persons living with disabilities; WOWICAN; Marketmen and women group; Hausa community; Igbo Community; South-south community; Youth Council; NANS; Youth CAN; Orphanage; NUT; NUJ; TUC; FOMWAN; Non-indigene community; NURTW; NLC and Artisans groups.

The committee chairperson CP Ebunoluwarotimi Adelesi said the flag off marked the beginning of the exercise, which would see the palliatives being taken to all the 16 local government after agreeing the modalities with all the stakeholders and interest groups.

“The committee has the mandate to distribute approximately 250,000 bags of 10kg rice and advise the government on effective deployment of the N1bn worth of maize from the Maize Reserve (SMR) through the Central Bank of Nigeria (CBN) for Livestock Farmers across the state,” she said.

The committee has since started its assignment by directing Director of Personnel Management (DPM) of the local government area to collaboratively work with Primary Healthcare Development Agency in a bid to generate a list of potential beneficiaries and vulnerable indigenes across the nooks and crannies of the state, she added.

CP Adelesi explained that the exercise targets as many vulnerable persons as possible, promising to deploy multidimensional and all-encompassing leadership acumen in making sure that the palliative items get to the targeted vulnerable across the three senatorial districts of the state.

In their separate responses, representative of Persons with disabilities Alfred Oluwole; representative of FOMWAN Hajia Bilqees Oladimeji; representative of WOWICAN Mrs Kehinde Awe; and the President, Kwara State Artisans Congress Alhaji Jimoh Adeshina applauded AbdulRazaq for this initiative aimed at cushion the effects of fuel subsidy.

“We know the cost of a bag of rice in the market today. So, we thank the Federal and the state government for this initiative. We really appreciate our able and unique Governor for his passion in improving the welfare of the citizenry,” Adeshina said.

“We are grateful to the state government for following the step of the federal government for this bold initiative. We’re very grateful.”

Some beneficiaries took turns to commend the government for the palliatives.

Issa Muhammed

Press Secretary to the Committee

August 30, 2023

Economy

Just In: Olayemi Cardoso Resumes As Acting CBN Governor

Published

on

The acting Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso on Friday formally resumed duties at the headquarters of the apex bank in Abuja.

This follows the resignation of Mr. Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN),

Similarly, the Deputy-Governors-Designate have also assumed duty, in acting capacities, sequel to the formal resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Lametek Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.

This development was confirmed in a press statement by the CBN on Friday which was signed by the bank’s Director of Corporate Communications, Isa AbdulMumin.

Naija News recalls President Bola Tinubu on September 15, 2023, appointed Cardoso and the Deputy Governors in acting capacity pending the confirmation by the Nigerian Senate.

Cardoso and the Deputies took the oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja, on Friday.

The new Deputy Governors are:

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) Dr. Bala M. Bello

Cardoso is an Economic and Development Policy Advisor, Financial Sector Leader, former Chairman Citi Nigeria and Commissioner for Economic Planning and Budget in Lagos State. He brings over three decades of managerial experience on board.

The acting CBN Governor is an alumnus of Aston University, Birmingham, United Kingdom, where he studied managerial and administrative studies. He also holds a Master’s degree in Public Administration from the Harvard Kennedy School, United States of America

Continue Reading

Economy

JUST-IN: Tinubu nominates new Ministers for federal ministry of Youth

Published

on

President Bola Tinubu has approved the nomination of Dr. Jamila Bio Ibrahim to serve as the Minister of Youth, pending her confirmation by the Senate of the Federal Republic of Nigeria.

The President has further approved the nomination of Mr. Ayodele Olawande to serve as the Minister of State for Youth, pending his confirmation by the Senate of the Federal Republic of Nigeria.

Dr. Jamila Bio Ibrahim is a young medical doctor and most recently served as the President of the Progressive Young Women Forum (PYWF). She has also served as the Senior Special Assistant to the Kwara State Governor on Sustainable Development Goals (SDGs).

Mr. Ayodele Olawande is a community development expert and youth leader in the governing All Progressives’ Congress (APC). He most recently served in the Office of the Special Adviser to the President on Innovation from 2019 to 2023.

President Tinubu charges the above-mentioned nominees to ensure that they consistently reflect the dynamism, innovative zeal, and unyielding productivity that are synonymous with the young people of Nigeria as they discharge their duties.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

September 17, 2023

Continue Reading

Business

Who is the new CBN Governor? Unveiling Yemi Cardoso: The Citibank Prodigy And Financial Genius Behind Lagos’ Tax Revolution!

Published

on

In the buzzing financial district of Lagos, Yemi Cardoso’s name is whispered with a mix of respect, admiration, and perhaps a dash of envy. Today, as the entire country turns its eyes towards the Central Bank of Nigeria (CBN), the question on everyone’s lips is, “Who is the new CBN Governor?” We delve into the life and legacy of Yemi Cardoso, the man now at the helm of Nigeria’s financial future.

Born to a modest family, Yemi’s early life gave little indication of the powerhouse he would become. However, a relentless pursuit of education and an intrinsic passion for finance would set him on a meteoric rise. Starting his illustrious banking career with Citibank, Cardoso swiftly climbed the corporate ladder. His innate understanding of banking intricacies and a knack for strategic planning saw him rise to the esteemed position of Vice President. But the ambitious Cardoso didn’t stop there. He took a bold leap, co-founding Citizens International Bank, and for eight defining years, played a pivotal role as an Executive Director.

Yet, banking wasn’t the only domain where Cardoso left an indelible mark. He answered the call of public service, becoming the first Commissioner for Economic Planning and Budget for Lagos State. It was under his visionary leadership that Lagos underwent a pivotal financial reform, developing its own robust independent tax revenues. This wasn’t just a bureaucratic change – it was a revolution that altered the fiscal landscape of Lagos forever.

But who is Yemi Cardoso, the man behind the accolades and achievements? Beyond the corporate meetings and policy discussions, Cardoso has been a vital consultant and policy expert, aligning with major global development giants like the World Bank, UN Habitat, and even the Bill and Melinda Gates foundation. His expertise has shaped policies and development strategies, making him a revered name on global platforms.

Yet, for all his achievements, Cardoso remains grounded. A recipient of several awards, including a coveted honorary Doctorate Degree from Aston University, his alma mater, and the Global Distinguished Alumni award from Citi, he remains deeply connected to his roots. His Masters in Public Administration from the prestigious Harvard Kennedy School, where he was a celebrated Mason Fellow, is a testament to his commitment to public service and excellence.

As Nigeria stands on the cusp of a new financial era, the appointment of Yemi Cardoso as the CBN Governor isn’t just a political move; it’s a statement. A statement that Nigeria is ready to merge global financial strategies with homegrown expertise. With Cardoso steering the ship, the future of Nigeria’s financial landscape certainly seems promising

Continue Reading

Trending