Niger Delta
Edo, BOI Unveil Fund For 50,000 Entrepreneurs
![](https://www.thetidenewsonline.com/wp-content/uploads/2021/09/241098395_4856645234364377_5664189303869214203_n.jpg)
The Edo State Government and the Bank of Industry (BOI) have unveiled a Micro Small and Medium Enterprise (MSME) development fund worth N2billion to support entrepreneurs in the state.
The fund was launched during a citizens’ engagement session organised by the Edo State Skills Development Agency, also known as Edo Jobs, held at the Government House in Benin City.
Speaking at the event, Governor Godwin Obaseki said: “The Bank of Industry (BOI), which is a reliable partner, is here today to launch the MSME fund. The initial amount is N2billion. Edo State Government provided N1 billion, while BOI provided the other N1 billion, making it N2 billion, with an attractive interest rate.”
“In addition, we have a N165 million fund, as part of the first tranche from the Edo State Government. It will be made available to small businesses, which are currently domiciled in our production hub, to support and encourage them to grow their businesses.
“BOI had the capacity and resources to support this kind of programme. From this N2 billion fund, we estimate that we can impact as many as 50,000 businesses in Edo State. We have other facilities with other institutions like the Central Bank of Nigeria (CBN). This is a start-up fund, as we expect it to continue to grow: If you start with N50,000, now and when you do well tomorrow in your business, you will need N200,000.
“Borrowing is part of business, provided you continue to grow.”
The Governor assured that despite the COVID-19 pandemic, his administration remained committed to improving the livelihoods of the people and creating opportunities for the youths to thrive.
He stated: “We have continued to create opportunities for Edo youths as our administration is open, transparent and competent in all we do. We urge Edo people to trust us, as all the opportunities that we present are real, and life-transforming for Edo people.”
On his part, Managing Director/Chief Executive Officer, BOI, Mr. Olukayode Pitan, said that “in a quest to grow and develop MSME businesses in the country, the Bank has resolved to continue to collaborate with existing enterprises, as well as reputable local and international partners.
“This MSME fund is aimed at providing business loans to enterprises located within the state, while the second fund is the N165m Edo Production Hub Fund, financed by the Edo State Government. The Edo Production Hub Fund is managed by the BOI and is to support businesses located within the state-owned production hub.”
Later, the governor and his team, as well as his guests were, also taken on a guided tour of the Edo Production Hub. They also commissioned the new Bank of Industry Building in Benin City.
Niger Delta
Police Arrest Boy, 13 For Using Gun To Threaten Colleagues
![](https://www.thetidenewsonline.com/wp-content/uploads/2025/02/7a.jpg)
The Police in Akwa Ibom State have arrested a 13year old boy identified as Samuel Sunday for using his father’s gun to threaten his classmates at St. Paul Primary School, Ikot Ibiok, Eket Local Government Area of the state.
The Police at Akpan Abia Police Station also arrested the father who owns the gun and kept it in his wardrobe from where the son carried it to school.
Parading the suspect at the Police Headquarters, Ikot Akpan Abia, Uyo, last Thursday, the State Police Public Relations Officer (PPRO), DSP Timfon John, said the biy took the gun from his father’s wardrobe since November 24, 2024 but was arrested on January 30, 2025.
The PPRO said the Police, acting on intelligence, arrested the suspect and his father while the gun was recovered for further investigation.
“On 30/01/2025 at about 0800 hrs, based on credible information at the Command’s disposal, that on 28/01/2025 one Samuel Sunday ‘m’ of Ikot Ibiok Village in Eket LGA, a 13 year old pupil of St. Paul Primary School, Ikot Ibiok, in Eket LGA was going armed in the school and threatening to fire at his fellow pupils.
“The operatives of the Command immediately swung into action and arrested the suspect and recovered a locally made pistol.
“On interrogation, the suspect confessed that he has been with the said gun since November 2024, that he got the gun from a wardrobe in his father’s bedroom. The father was later arrested. Investigation is still ongoing”, the PPRO stated.
The Police also paraded one Roseline Maurice ‘f’ and Eno Udoka ‘f’ for conspiring and stealing a child at Obong Itam village in Itu LGA in June, 2024, and sold the victim for the sum of N200,000.00 to their regular customer in Cross River State.
Suspects were said to have used the money to purchase a refrigerator, television, fan, etc., saying all the items have been recovered from them.
John also paraded a child trafficking syndicates that lures young girls into having affairs with men who eventually get them pregnant and the babies sold.
“In another development, on 01/02/2025 at about 0800hr based on a complaint from two young girls, 18 yrs of age, that one woman attempted to traffick them to Cross River State for them to have affair with men and get pregnant in order to sell the babies and share the money.
“Operatives of the Command swung into action and arrested One Gift Essien Tommy ‘f’ and Peace Ekanem ‘f’”, he stated.
By: Christopher Tom, Uyo.
Niger Delta
Diri Unhappy Over Poor State Of Public Schools
![](https://www.thetidenewsonline.com/wp-content/uploads/2025/02/7-1.jpg)
Bayelsa State Governor, Senator Douye Diri, has expressed displeasure at the state of facilities in some public schools in the state.
Speaking in Kaiama at the end of an unscheduled visit to Saint Jude’s Girls Secondary School, Amarata-Yenagoa, and the Ijaw National Academy, Kaiama, in Kolokuma/Opokuma Local Government Area, Diri said the government’s budgetary provisions and expenditure in the education sector do not match the reality on ground.
He directed the Commissioner for Education, Dr. Gentle Emelah, to immediately take steps to address the issues on dilapidated structures in schools across the state.
At the Ijaw National Academy, the Governor noted the absence of sporting facilities and the uncompleted dining hall and directed the Commissioner to ensure that the contractor returned to site.
He also frowned at the state of the hostels in the school, restating the commitment of his administration to the development of the education sector given its importance to nation building.
The Bayelsa helmsman said he will undertake more unscheduled visits to schools and other government departments to see things for himself and called on relevant officials to take more seriously maintenance of public facilities.
He said with the progress made by the state in external examinations such as the West African School Certificate Examination (WASCE) and the National Examinations Council (NECO), it was necessary to put the right facilities in place to enable students perform better.
“I have been to Saint Jude’s and I am here at the Ijaw National Academy. I am not satisfied with what I have seen.
“If schools that are in the urban, motorable areas are in this state, how would those in the rural, riverine communities be like?
“In this second tenure, I will pay unscheduled visits to our schools, hospitals and other important government agencies.
“Students are very important. I am not happy with the state of dilapidation I saw at St Jude’s. We must strengthen supervision.
“I have directed the Commissioner for Education to ensure that your school is rehabilitated. I have also directed that between now and Friday, the completed basketball court be handed over to the school authorities in Saint Jude’s.
“This is a school that has been doing well and has made our state proud many times in basketball”, Diri said.
Highpoint of the visit was the governor, who was a teacher, returning to the classroom at the INA to teach senior secondary students preparing for Government as a subject in the upcoming WASC examination.
By: Ariwera Ibibo-Howells,
Yenagoa
Niger Delta
Re-Elected JONAPWD Chair Pledges Push For Disability Commission
![](https://www.thetidenewsonline.com/wp-content/uploads/2025/02/6b.png)
The newly re-elected Chairperson, Joint National Association of Persons With Disabilities (JONAPWD), in Edo State, Mrs. Ann Ojugu, has pledged to push for the establishment of a Disability Commission in the state.
Ojugu, who won a second four-year term on Saturday in Benin, said the commission would provide institutional support for persons with disabilities and attract funding from both local and international organisations.
“My plan is to intensify efforts to ensure that before the next four years, we get the commission working in the state.
“This commission is very important because it will help drive policies and attract foreign donors”, she said.
The keenly contested election saw Ojugu secure 105 votes to defeat her challenger, Emmanuel Omoike, who polled six votes.
Mr. Victor Imahingbe, Chairman of the Electoral committee, also announced Kingsley Osadolor as Vice Chairman.
Osadolor defeated Mathew Akabue and Justice Odigie with 57 votes to 34 and 18 votes, respectively.
Speaking with The Tide’s source after her swearing-in, Ojugu reaffirmed her commitment to push for the rights and welfare of PWDs in Edo.
She said during her first tenure, she created job opportunities for PWDs and implemented disability-friendly infrastructure in government buildings.
She noted the new secretariat building as a testament to her achievements.
“You see that many of us got jobs during that period, and we are hoping that even more will come in this new term.
She urged the government and society to recognise that disability does not define an individual’s potential.
“The government needs to be sensitised. We need to make sure that even if a person has a disability, that disability does not define who they are. It is society that defines who we are”, she asserted.
Ojugu thanked JONAPWD members for their trust and pledged to work tirelessly toward a more inclusive and supportive environment for persons with disabilities in Edo State.
-
Sports2 days ago
Chelsea Fall Short Against Brighton
-
News2 days ago
Nigeria, Venezuela Explore Mining Opportunities
-
Politics2 days ago
Ahead 2027, Obidient Movement Engages Stakeholders In Borno
-
Maritime2 days ago
Navy Rids Calabar Waterways Of Piracy, Oil Bunkering
-
Sports2 days ago
A’ Ibom’s Ready To Host Niger Delta Sports Festival-Eno
-
Oil & Energy2 days ago
NNPC Debunks Explosion Claim In Warri Refinery
-
Rivers2 days ago
NAFDAC Destroys N4.7bn Worth Expired, Substandard Products In Rivers
-
Sports2 days ago
City’s January Spending Propelled By Fears Of Transfer Ban?