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National Philanthropic Office Will Be A Huge Success Under Tinubu – VP Shettima

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National Philanthropic Office Will Be A Huge Success Under Tinubu – VP Shettima

 

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Inaugurates NPO local implementation committee

 

 

 

 

 

 

 

 

Women to get 50% of $200m grants for MSME start-ups

 

 

 

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That The Vice President, Senator Kashim Shettima, has assured that the success and positive impact of the newly established National Philanthropic Office (NPO) is guaranteed under the Tinubu administration.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

National Philanthropic Office Will Be A Huge Success Under Tinubu - VP Shettima

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

According to him, President Bola Ahmed Tinubu has been a firm believer in giving back to society and as such, his enduring spirit of bettering the lot of the citizens is enough guarantee for the NPO to make a huge success and impact.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Senator Shettima stated this on Friday during the inauguration of the Local Implementation Committee of the National Philanthropic Office (NPO) at the Banquet Hall of the Presidential Villa, Abuja.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

National Philanthropic Office Will Be A Huge Success Under Tinubu - VP Shettima

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The NPO, an initiative driven 100 percent by the private sector, with full support from the government, is part of efforts by the Tinubu-led federal government to raise alternative funding for Small and Medium-Sized Enterprises (SMSEs) and other vital economic programmes through collaboration with the private sector.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The office is saddled with the responsibility of ensuring the establishment of 12 industrial value-chain hubs and accelerators for startups and small businesses across the six geopolitical zones in Nigeria.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

National Philanthropic Office Will Be A Huge Success Under Tinubu - VP Shettima

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delivering his speech titled, “Philanthropy and Our Shared Responsibilities,” during the inauguration of the Local Implementation Committee of the NPO, Vice President Shettima disclosed that the NPO is set to raise $200 million in grants and non-financial investment through local and international teams to provide support for start-ups in key sectors of the country’s MSMEs space.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

National Philanthropic Office Will Be A Huge Success Under Tinubu - VP Shettima

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“Distinguished ladies and gentlemen, this initiative proposes to raise $200m in grants and non-financial investment, through local and international teams, to provide support to start-ups in the key sectors within the MSMEs space that drive job creation in Nigeria,” he stated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noting President Tinubu’s knack for giving back to society, Shettima said his boss’s commitment to philanthropy had always been the mark of his identity.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“Long before stepping into the realm of public service, His Excellency President Bola Ahmed Tinubu has been a steadfast believer in the ideals of giving back to society. This commitment to philanthropy has always defined his identity.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“The Country Chairperson of the National Philanthropic Office (NPO), Mrs. Thelma Ekiyor, can rest assured that this initiative is in secure hands. Mr. President’s enduring spirit of societal betterment is enough to guarantee its success and impact,” the VP stated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

He acknowledged what he called gaps existing in philanthropy, saying “there’s an unmistakable inadequacy of philanthropy,” even as he added that this “has led to the establishment of the National Philanthropic Office.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“Through this office, we aim to kindle a spirit of support for vulnerable enterprises and ideas that hold the key to our collective progress,” he explained, noting that there is no place in the world “where government thrives in isolation, and without collaboration with private individuals and organizations bound by the virtue of empathy, this practice of philanthropy”.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shedding more light on the operations of the NPO, the VP said, “While the NPO is 100% driven by the private sector, enjoying government support, it thrives on the reality that worldwide, governments are increasingly exploring alternative funding methods for vital projects and economic sectors through collaboration with the private sector.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“The objective is to create twelve industrial value-chain hubs and accelerators nationwide. This will focus on digitized shared workspaces, agro-processing, and shared industries. The overarching aim is to generate one million jobs directly and indirectly within the MSME ecosystem.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“Additionally, eligible MSMEs will receive grants ranging from 5 million to 10 million. Emphasis will be placed on supporting women-led businesses, constituting 50% of the start-ups.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

While inaugurating the Local Implementation Committee of the NPO, the Vice President implored members of the committee to do their job with a collective vision.

 

On his part, Delta State Governor Sheriff Oborevwori, who spoke on behalf of Governors of the 36 states of the federation, said the initiative would be most beneficial to businesses and individuals across the states, expressing the delight of his colleagues and pledging their support.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In his remarks, the Minister of Budget and Economic Planning, represented by Permanent Secretary in the Ministry, Mr Nebolisa Anako, commended the Vice President for the initiative, and the private sector partners for their commitment, noting that it aligns with the goals of the Tinubu administration.

 

For her part, Minister of Industry, Trade and Investment, Dr Doris Uzoka-Aniete, commended all the partners and stakeholders who she said worked towards actualising the first National Philanthropy Office, noting that it will go a long way in impacting lives, livelihoods and the general economy.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

On her part, the Country Chairperson of the NPO, Ms Thelma Ekiyor-Solanke, said Philanthropy and Impact Investing are two important avenues of supporting MSMEs that can encourage innovation and provide catalytic capital to entrepreneurs.

 

She noted and commended the Vice President’s visionary commitment to the initiative, saying it will transform philanthropy and impact the country’s investing landscape.

 

She disclosed that among other programmes, the office will support the establishment of 12 shared office spaces for StartUps across the six geopolitical zones.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Members of the Local Implementation Committee chaired by Ms Thelma Ekiyor-Solanke include the Managing Director of Wema Bank, Mr Moruf Oseni; Managing Director, Bank of Industry, Mr Olasupo Olusi; Managing Director of Access Bank, Mr Roosevelt Ogbonna; Chairman, Impact Investors Foundation, Mr Afolabi Oladele, and Founder, Sambo Foundation,HRH, Samuel Sambo.

 

Others are Managing Director, BUA Foundation, Mr Ubon Udoh; Executive Secretary of Nigerian Content Development and Monitoring Board, Mr Felix Ogbe; CEO of Brownvalley Partners, Mr Terlumun Ikya, and Mrs Ayodele Olojede from Wema Bank, while Mr Temitola Adekunle-Johnson will serve as Secretary of the committee.

 

 

 

 

 

 

 

 

 

 

Stanley Nkwocha

Senior Special Assistant to The President on Media & Communications

(Office of The Vice President)

12th January, 2024

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Governor Fubara Cries Out

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Governor Fubara Cries Out

 

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Rivers State governor, Siminalayi Fubara, has alleged that there are fresh plans to cripple his government.

 

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Fubara disclosed this during a meeting with members of the House of Representatives Committee on Public Petitions at the government house, Port-Harcourt.

 

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The governor noted that leadership and respect is not earned by force.

 

He maintained it is the character and style of a leader that will encourage and engender the love and respect of the majority of the people.

 

 

Fubara noted that governance is solely about the interest of the people and leaving behind, good legacies; warning that power, no matter how long it is wielded will sure come to an end one day.

 

 

The federal lawmakers who were in the state to carry out an assignment thought it wise to visit the Governor and give him a few words of encouragement before they leave town.

Governor Fubara told them that as far as he was concerned there is no political crisis in the state.

Fibara declared that he will never buckle under any pressure especially the deliberate attempts being made to cripple his government.

Leadership, according to him, is about the touching the lives of the people positively.

“He added that the love and respect of the people can never be earned by force or intimidation.

Governor Fubara maintained that he would continue to empower the people and focus on building good legacies in the state.

Governor Fubara also used the opportunity to call on the National Assembly to defend what is right and speak out when things go wrong.

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Billionaire, Arthur Eze Advocates For Tinubu

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Billionaire, Arthur Eze Advocates For Tinubu

Billionaire, Arthur Eze Advocates For Tinubu

 

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Billionaire, Arthur Eze, has urged Nigerians to support President Bola Tinubu while praising his inclusive approach to governance.

 

 

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He made the remarks in a video widely shared on social media, which showed him donating N20m to a church.

Billionaire, Arthur Eze Advocates For Tinubu

 

Eze said, “Tinubu has no boundary. If you go to Abuja, you will see Wike, an Igbo man as a minister. Umahi is Igbo man, as minister. No boundaries. All the types of people we want.

 

 

 

“So this Nigeria, after eight years, it will change. It has started changing. Now, I beg everybody to support him before we die.”

 

 

This is not the first time the billionaire has praised the Tinubu administration.

In October 2023, speaking at the Holy Mass to mark the 65th birthday of Rev Fr Patrick Alumuku at St Louis Catholic Church, EFAB Global Estate, Mbora, Abuja, Eze said the appointments of ministers and heads of agencies by Tinubu was fair.

“The President has been fair in his appointments to the three major regions; the East, West, and North. Nigerians should support the President as he continues his transformational agenda,” Eze said.

 

 

 

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Bayelsa State Government pledges free land to FHA.

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Bayelsa State Government pledges free land to FHA.

Bayelsa State Government pledges free land to FHA.
…As the Managing Director/Chief Executive, Hon Oyetunde Ojo visits the state.

 

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The Executive Governor of Bayelsa State, His Excellency Senator Douye Diri has pledged to make land available to the Federal Housing Authority free of charge to support the Renewed Hope Agenda programme of President Ahmed Tinubu.
This was disclosed Friday, 3rd May 2024 when when the Managing Director and Chief Executive, Hon Oyetunde Ojo paid him a courtesy visit.

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Bayelsa State Government pledges free land to FHA.

The FHA Chief Executive had in his address told the governor that his team was in Bayelsa state in continuation of the Authority’s nation wide consultation with State governments in preparation for the take off President Bola Ahmed Tinubu’s Renewed Hope Agenda programme on Housing.
Hon Ojo said Bayelsa was the 18th state FHA.consulting and taking the message of President Tinubu to in about 3 weeks. He reminded the Governor that Mr President from his campaign manifesto had made the provision of affordable housing to Nigerians a priority.
The MD said that the new FHA management he is leading, in playing a prominent role in the realization of this agenda has resolved to consult all the States in the country.
He reiterated that the Authority would no longer engage in any housing project without consulting with the people the houses are being built for. In his words, ” … gone are the days we will sit in Abuja and decide what to build for the people”.
Hon Ojo told Governor Diri that the state governors as the custodians of land in the states are so crucial in the provision of affordable houses and are also in the best position to know the exact housing needs of their people.
He therefore told the Governor that FHA has come to ask for land from the state for the Renewed Hope Housing programme. Continuing, the MD said, “… we have come to ask for land to develop. We are not going to speculate. We will sit with your people to design the houses to your taste because you know the .culture of the people “.
Hon Ojo underlined the need to carry along the people in any housing project from the beginning to give the the desired sense of ownership. This he said is the antidote to the issue of houses not taken on completion.
On the models and affordability, the MD re – echoed the Authority’s stance on carcas, where only the exterior, electrical and plumbing would be provided and finishing left for the people. He used the opportunity to once more condemn imposing finishing on the people, a matter that adds to unaffordability of houses.
He noted that the Authority also would build Studio apartments and One Bedrooms in consideration of the youths and those starting life.
The FHA CEO also hinted on the Diaspora City initiative, where Nigerians living abroad would have befitting houses back home and saved from fraudsters.
FHA Hon Oyetunde noted is known for developing cities within cities. The value chain benefits of Housing and construction he noted leads economic growth through job creation and is used all over the world to fight inflation.
Finally, he asked for the collaboration of the state government in providing off takers for the project and granting waivers to the Authority which would reduce the cost and aid affordability.
The State Governor, His Excellency Senator Douye Diri in his response appreciated the MD and his team for the pragmatic style of leadership in FHA. He stated that he gas following the Authority’s tour of states in the country for consultation, noting that is the way to go..
He decried what he called the attitude of some government officials who stay in Abuja and take decisions for the people.
In his words ‘:..most officers in Federal Government stay in Abuja and take decisions for others”.
He said that the Authority’s decision of consulting with the people should be the standard practice. By consultations, the Authority would have avoided lots of factors that can impede project delivery. “This should be the standard of every Federal Government officer”, he stated.

Governor Diri who expressed happi

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