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FG EXPANDS TRADERMONI SCHEME TO THREE ADDITIONAL MARKETS IN LAGOS

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The Federal Government on Monday launched the special enterprise and empowerment programme otherwise known as TraderMoni in three additional markets in Lagos, with an assurance that the scheme would be extended to two million beneficiaries by December 2018 across the country.

The TraderMoni scheme, which is a collateral and interest-free loan for petty traders, had earlier been launched in some markets in Lagos, while three additional markets in the State – Ketu, Bariga and Oshodi were added to the scheme by Vice President, Professor Yemi Osinbajo (SAN), accompanied by Lagos State Governor, Mr Akinwunmi Ambode and the All Progressives Congress (APC) Governorship candidate in the State, Mr Babajide Sanwo-Olu.

The trio, while inspecting implementation of the scheme, took time to interact with petty traders in the markets, assuring that government would continue to come up with innovative initiatives to benefit the critical mass of the population.  

Giving details, Senior Special Assistant to the Vice President on Media and Publicity, Mr Laolu Akande, said close to 800,000 petty traders had so far benefited from the scheme, adding that the programme had been structured for traders to borrow up to N50,000 and repay back seamlessly.

“The TraderMoni scheme is part of the socio-investment programme of the President Muhammadu Buhari administration and the plan is to ensure that between September and December this year, two million petty traders receive the first payment of N10,000. Once they are able to return it within six months, they get additional N15,000 and when they return that, they get another N20,000 until they get as much as N50,000.

“The whole idea is that the President wants to ensure that traders that are at the bottom of the ladder; people whose wares and businesses are just about N3000, N5000 and so on; people who normally don’t get any kind of financial assistance; people that the banks do not give any kind of credit because they have no collateral are not left out in what they are doing in our micro credit scheme.

“This was what informed the TraderMoni Programme and today, it has gone to several states and the Vice President is in Lagos today to see what is happening in three additional markets. The VP is here to see what is happening and to interact with the traders, as well as to assure all Nigerians as a matter of fact that this is going to go round,” Akande said.

He added that at the end of the first batch, the government would take it further to ensure that more traders benefit from the scheme.

 “In the first batch of the scheme, we will be doing two million traders and after that, we will even take it further. Between now and December, we would have given to two million petty traders. Already, we have close to 800,000 petty traders out of the two million. We have enumerated all the two million traders and so we know who they are and so it is a question of time,” he said.

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Vice President, Prof. Yemi Osinbajo (2nd right); Lagos State Governor, Mr. Akinwunmi Ambode (2nd left); APC Governorship Candidate, Mr. Babajide Sanwo-Olu (right) and Executive Director, Micro Enterprises Bank of Industry, Mrs. Toyin Adeniji (left) during the launch of the TraderMoni Scheme in Ketu, Bariga and Oshodi Markets in Lagos

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Vice President, Prof. Yemi Osinbajo (2nd right); Lagos State Governor, Mr. Akinwunmi Ambode (2nd left); APC Governorship Candidate, Mr. Babajide Sanwo-Olu (right) and Executive Director, Micro Enterprises Bank of Industry, Mrs. Toyin Adeniji (left) during the launch of the TraderMoni Scheme in Ketu, Bariga and Oshodi Markets in Lagos

 

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Breaking: Again, CCT Judgment On Walter Onnog‎hen Shifted

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The judgment of the Code of Conduct Tribunal on Justice Walter Onnoghen, who is being prosecuted on charges of assets declaration breaches, has been shifted from 9am, the original scheduled time, till noon on Thursday.

Onnoghen had arrived the premises of the tribunal at about 8.40am ahead of the judgment.

Only two of his lawyers and a handful of his aides were seated in the courtroom when a court official announced the postponement at about 9am.

No member of the prosecution team was in court when the postponement was announced

None of them arrived as of the time of filing this report at about 9.11am.

Onnoghen had yet to step out ‎of his vehicle as of the time the postponement was announced.

His convoy left the premises as soon as the information about the new development reached him.

The Chairman of the CCT, Danladi Umar, after the prosecution and the defence made closing arguments on Monday, specifically fixed judgment for 9am on Thursday‎, a departure from the usual 10am sitting time of the tribunal.

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AMBODE RECEIVES UEFA CHAMPIONS LEAGUE TROPHY IN LAGOS

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Lagos State Governor, Mr Akinwunmi Ambode on Wednesday received the UEFA Champions League Trophy alongside its Ambassador and former captain of Barcelona FC of Spain, Carles Puyol in Lagos House, Alausa, Ikeja.

Puyol, a three-time Champions League winner is in Nigeria on a three-day visit to lead the UEFA Champions League Tour connecting with consumers and football lovers.

Governor Ambode, who was represented by the Chairman of Lagos State Sports Commission, Dr Kweku Tandoh, also received Nigerian football legend, Austin JayJay Okocha, who was part of the delegation.

Speaking while receiving the trophy, Governor Ambode expressed excitement with the fact that the organisers of the tour considered Lagos as one of the states to visit, adding that the development was particularly gratifying more so that the synergy between sports and entertainment as well as tourism had been massively played up in the last four years.      

The Governor also lauded the contribution of Puyol and Okocha to the development of the round leather game in Nigeria and worldwide, saying they deserved to be appreciated and celebrated.

“I must say I am very pleased with the organisers of this Trophy Tour for deeming it fit to take the UEFA Champions League Cup to Lagos. We are particularly excited because our administration has focused on the synergy between sports, tourism, entertainment and the arts, among others and the people can see the positive effects of our efforts in that regard.

“We are pleased to also welcome Barcelona FC and Champions League legend, Carles Puyol to Lagos, as well as our legend, JayJay Okocha to Lagos House. Many of us underrate this legend that we have and just yesterday, I understand Puyol had a very difficult time on the field of play in Uyo when JayJay had to give him a few tricks.

“Unfortunately, JayJay did not get to play for Barcelona; he would have lifted the Champions League but I must say we appreciate what Okocha has done for Nigerian football. If you have a player that is sometimes compared to Messi, Maradona and spoken about in the same breath, then we know we have a star in our midst and so I like to thank JayJay for his contribution to football,” Governor Ambode said.  

He said in order to ensure a successful Trophy Tour, the relevant security and government agencies have been contacted, assuring that all the activities lined-up as part of the tour would be hugely successful.

While wishing the team a successful tour in Nigeria, Governor Ambode said the State Government would be glad to receive the trophy back in the State in the nearest future, just as he assured that the government remained committed to make Lagos the sports hub not just in Africa but the entire world.

Speaking earlier, Managing Director and Chief Executive Officer of Nigerian Breweries Plc, organisers of the Trophy Tour, Mr Jordi Borrut Bel thanked Governor Ambode for warmly receiving the team, saying the Trophy Tour was specifically organised to bring the tournament closer to fans.

He said as part of the tour, there would be a road show from Maryland Bus Stop to Ikeja City Mall, among other activities.   

Besides, he commended Governor Ambode for his well-though out policies and projects in all sectors and sections of the State, saying the Governor deserved to be appreciated for also creating enabling environment for businesses to thrive in the State.

“I will like to say that this visit is a great opportunity for the management team of Nigerian Breweries to appreciate Governor Ambode on the success that he has recorded in the last four years of administering the State which is a testament to the fact that well-thought policies have been implemented as has been witnessed in security, in transportation, in health, in welfare sectors in the State, and particularly in the continuous construction of impactful infrastructure as well as the Governor’s focused and dynamic leadership in the State.

“We also want to thank the Governor for sustaining a supportive business environment in the State,” he said.

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Awolowo Commends Ooni For Positively Showcasing Nigeria To The World

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The Director General of the Nigeria Export Promotion Council(NEPC), Mr Segun Awolowo has desribed the Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, Ojaja II as a unique African traditional ruler with giant srides, commending him for positively shocasing Nigeria and Africa to the world.

The NEPC boss made this assertion in his Abuja office recently while playing host to a delegation from Ooni Ogunwus which was led by the Asoya of Ile Isoya in Osun state, Oba Muraina Adedini in respect of the maidden edition of TellAfrica International Arts & Craft Festival(TIAF) slated for June this year in Baltimore MD, USA and Dublin in Republic of Ireland.

“Kabiyesi Ooni, being a foremost African monarch has undoubtedly lived above expectations going by his giant strides especially in Agriculture, youth empowerment and cultural tourism. He is indeed a great ambassador of our culture who has been positively showcasing Nigeria and Africa to the global community.” Awolowo said

While pointing out the benefits in agriculture, Mr Awolowo urged relevant stakeholders to uphold it and make it the mainstay of the economy. He also mentioned processing of agricultural produce like cashew and cocoa among others, which he said would be better than sending raw goods abroad.

On tourism, Awolowo revealed plans to link TellAfrica up with National Council of Art & Culture(NCAC) for possible collaboration as part of measures to ensure a successful TIAF events as scheduled.

Leader of the Ooni’s team, Oba Muraina Adedini thanked Mr Segun Awolowo and his NEPC team for the honour and respect with which the Oonis delegation was warmly recieved. He said the contributions of the Ooni Ogunwusi towards the development of agriculture and tourism are unprecedented which have always been supported by the Federal Government.

While seeking unflinching support of the NEPC on the forthcoming Art & Craft festival and other international programmes of Ooni Ogunwusi, he stated that the collaboration Between the House of Oduduwa/TellAfrica and NEPC will make huge impact on the Nigerian Art and cultural tourism sector.

Ooni’s director of media and public affairs, Comrade Moses Olafare had earlier while introducing the Ooni’s team told the NEPC that Ooni Ogunwusi has adopted Agriculture and tourism as greatest potentials for developing the Nigerian youths, adding that productively utilizing the both sectors will immensely lead to an immeasurable economic properity.

Olafare enumerated how NEPC and the House of Oduduwa are in tandem, particularly through the exportation of non oil products and promotion of tourism in the country through cultural festivals like TIAF.

The maidden edition of the Ooni’s TellAfrica International Art and Craft Festival(TIAF 2019) is billed to hold in Baltimore USA from 13th to 16th and in Dublin, Ireland from 24th to 30th, June 2019.

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