Niger Delta
Edo Industrialists To Get N500m Lifeline
The Edo Government has set aside N500 million for disbursement as loan to genuine entrepreneurs to spur industrial development in the state. The Commissioner for Commerce and Industry, Dr Cordelia Aiwize, made the announcement in a statement in Benin on Tuesday. “It is a counterpart funding scheme in which the Edo Government has so far contributed N250 million as its funding to create a fund of N500 million meant for disbursement as loans to cooperative societies and small-scale industries,” she said. She said the matching grant of N250 million would be provided under the Bank of Industry’s Micro-Credit Scheme.
The commissioner appealed to prospective applicants who had business proposals or existing businesses and cooperative societies in place to take advantage of the scheme. “Edo has not had a good history in terms of management of micro-credit facilities granted to beneficiaries in the past years,” she said.
Aiwize put the credit facility recovery rate at 20 per cent and appealed to those owing to repay, pointing out that ’’this is a moral issue which we should try to uphold at all times’’.
She said the state had recorded low performance in some sectors, but stressed that the present administration was committed to the development of all the sectors.
Niger Delta
Fouchee Celebrates Asari’s Recognition
Niger Delta
Kalabari Media Forum Hails Recognition Of Dokubo Asari As Amayanabo
The Kalabari Media Forum has endorsed the recognition of Alabo, Alhaji Mujaheed Dokubo Asari as the Amayanabo of Torusarama Piri and the historical relevance of the award.
A communique issued after the 2024 end of year summit of the Forum also commends the Executive Governor of Rivers State, Sir Siminialaye Joseph Fubara for the recognition which they described as the best end of year gift to the Kalabari people.
The Communique signed by the Coordinator of the Forum, Alabo Dagogo Clinton and the Secretary, Mr. Harry Awolayeofori Macmorrison states that the gesture should make the Kalabari people to get back to the drawing board and consolidate on existing inter and intra communal peace within the region.
According to the statement, Torusarama Piri was the first place where the founding fathers of Kalabari converged from different cultures, tribes and backgrounds. Adding that those saying that the Kalabari people are not united should think again.
” As the different founding fathers were able to form a formidable ethnic nationality, modern day Kalabari should be able to sink the differences between the constituent communities and with other non-Kalabari speaking neighbours to achieve the needed internal cohesion for development”. It states.
The Forum further congratulated Alabo Asari Dokubo on his recognition and urged him to use the opportunity to do even more for the Kalabari people and Rivers State as a whole.
According to the statement, the Forum is happy with the recognition of Dokubo Asari not because he is one of the patrons of the Forum, but because he is about the most Kalabari-centric figure living, who has also committed enormous resources for the protection of the Kalabari people.
They urged the Kalabari Se Kobiri and the entire people of the ethnic nationality to work with Alabo Dokubo Asari and put to rest speculations about Kalabari that some persons have exploited against the interest of the Kalabari people over the years.
Niger Delta
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