Connect with us

Business

Governors, Ministers, and Dignitaries to Grace Kamorudeen Yusuf’s Ogun State City Boy Movement Empowerment and Youth Summit

Published

2 weeks ago

on

*Governors, Ministers, and Dignitaries to Grace Kamorudeen Yusuf’s Ogun State City Boy Movement Empowerment and Youth Summit

 

The Ogun State City Boy Movement, led by Kamorudeen Olawale Yusuf, Personal Assistant to President Bola Ahmed Tinubu on Special Duties, is set to host a landmark empowerment program and youth summit in Abẹ́òkúta, the state capital, on *Saturday, December 21, 2024*. The event underscores President Tinubu’s commitment to youth empowerment and education, aligning with his administration’s agenda to drive economic growth and entrepreneurship.

*₦45 Million in Empowerment Grants*
The summit, the first of its kind, will feature an empowerment initiative worth ₦45 million to support young entrepreneurs and business owners. Highlights include:

*₦500,000* grants for 50 medium-scale entrepreneurs.

*₦200,000* grants for 100 small-scale business owners.

Funding for three innovative tech ideas that provide creative solutions for social impact.

Additionally, 30 market women across Ogun State will receive ₦200,000 each, and scholarships will be awarded to students as part of the movement’s broader commitment to education and economic growth.

*Key Guests and Speakers*
The event will attract a host of dignitaries, including:

• *Prince Dapo Abiodun*, Governor of Ogun State, as the Special Guest of Honour.

• *Seyi Tinubu*, co-hosting alongside Kamorudeen Olawale Yusuf.

• *Ayodele Wisdom*, Minister for Youth Development.

• *Dr. Bosun Tijani*, Minister for Communication and Digital Economy.

Other notable speakers include Charles Odii, Director-General of SMEDAN; Dr. Oluwatoyin Afiz of ITF; and Miss Rinsola Abiola, Senior Special Assistant to the President on Citizenship and Leadership.

*Comprehensive Agenda*
The summit will feature panel sessions focusing on key sectors such as MSMEs, technology, agriculture, and the creative economy. These discussions aim to equip participants with tools and insights to drive economic transformation in Ogun State.

*Educational Impact*
In addition to the empowerment program, the City Boy Movement has taken steps to improve education in the state. Classroom furniture was donated to six primary schools across Ogun State’s three senatorial districts. Each school received 50 sets of tables and chairs, accommodating a total of 900 students and significantly enhancing the learning environment.

For youth entrepreneurs and stakeholders, the summit offers a rare opportunity to secure funding, gain insights from industry leaders, and network with influential figures in government and business.

This event not only marks a step toward empowering Ogun State’s youth but also highlights the City Boy Movement’s dedication to fostering long-term economic and social development.

Related Topics:

Sahara weekly online is published by First Sahara weekly international. contact [email protected]

Continue Reading
Advertisement

Business

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

Published

12 hours ago

on

December 21, 2024

By

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

Continue Reading

Business

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

Published

19 hours ago

on

December 21, 2024

By

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

Continue Reading

Business

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

Published

2 days ago

on

December 20, 2024

By

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.
The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.
“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.
The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.
Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.
The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.
This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.
Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

Continue Reading

Cover Of The Week

RSS Africa-Newsroom

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

Trending