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Wema Bank Empowers 100,000 MSMEs in Ekiti State

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Wema Bank Empowers 100,000 MSMEs in Ekiti State

Launches Ekiti-Wema MSME Empowerment Programme for Youth and Businesses.

 

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered with the Ekiti State Government through the Ministry of Wealth Creation and Employment to launch the Ekiti-Wema MSME Empowerment Programme for youth and businesses in Ekiti State.

 

 

 

 

Launched on Monday, August 5th, 2024, the Ekiti-Wema MSME Empowerment Programme is an initiative designed to train and empower 100,000 youth and Micro, Small and Medium Enterprises (MSMEs) operating within Ekiti State with business management, digital empowerment and finance management skills for success. Leveraging the immense potential of Nigerian youth and the economic opportunities presented by MSMEs, the Ekiti-Wema MSME Empowerment Programme is strategically curated to help the youth of Ekiti State maximise their potential while equipping businesses for sustainable growth and productivity, towards boosting the state’s macroeconomic conditions.

 

Wema Bank Empowers 100,000 MSMEs in Ekiti State

 

The Ekiti-Wema MSME Empowerment Programme is set to be executed through virtual and physical training sessions cutting across business management, digitalisation, and financial management, additionally providing access to mentorship support from experienced and successful entrepreneurs from within and outside Nigeria. These participants will also receive a certificate of participation upon completion of their training course. Beyond the trainings, participants will also gain access to market and assistance in securing finances to put their learnings to practice and scale their operations. This comprehensive approach ensures that the Programme not only enhances the capabilities of youth and MSMEs in Ekiti State but also facilitates their sustained growth and contribution to the economic development of Ekiti State.

Reiterating the Bank’s commitment to pioneering solutions, initiatives and partnerships for the growth and success of Nigerians, Wema Bank’s Executive Director of Retail and Digital Business, Tunde Mabawonku, encouraged youth and businesses in Ekiti State to seize this unique opportunity for their success. “As Nigeria’s most innovative bank, we have committed to concerting efforts, pooling resources where ideal and going the extra mile in developing solutions that address the needs of our people and ultimately empower them to thrive. Our robust portfolio attests to this deep-rooted commitment and with the Ekiti-Wema MSME Empowerment Programme, we are extending the reach of our positive impact, positively enhancing the lives and businesses of the Ekiti State people and empowering them with the skills, knowledge, and expertise needed to thrive in today’s competitive market. Our approach is granular yet comprehensive, bringing tailored solutions for growth to the youth and businesses of Ekiti State right within their vicinity. We hope that through this initiative, Ekiti State will become a hub of productivity and economic buoyance, and the domino effect of this economic boost will translate on the national scale, improving our nation’s macroeconomic indicators for the best”, Mabawonku said.

The Ekiti State Honourable Commissioner for Wealth Creation and Employment, Otunba Kayode Fasae, added, “Our goal with this partnership with Wema Bank is to implement a two-pronged approach that contains two missing key ingredients of wealth creation and employment generation, which are skill development and finance. Wema Bank has been extremely supportive in working with the Ekiti State Government for the success of our people. You would recall that in 2020, the Bank collaborated with the State to sponsor the training of 2500 youth under the Central Bank of Nigeria’s AgriBusiness Small Medium Enterprise Investment Scheme (AGSMEIS) and now, four years later, we are proud to announce the birth of yet another groundbreaking partnership with the Bank, the Ekiti-Wema MSME Empowerment Programme. We reiterate our unwavering commitment to maximise the deliverables of this Programme to serve as a veritable intervention platform for skill development and panacea for employment and wealth creation”.

Wema Bank continues to expand its network, partnering with reputable individuals, institutions, and entities on state and federal levels to provide viable solutions for Nigerians across the world, empowering them to thrive in both personal and professional endeavours. With the Ekiti-Wema MSME Empowerment Programme, Wema Bank is set to transform 100,000 lives and businesses across Ekiti State.

Interested Youth and Businesses in Ekiti State are to visit https://wema-ekitisme.alat.ng/register to register for the Ekiti-Wema MSME Empowerment Programme.

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NLC Pinponts Causes of NNPC, Dangote disagreements

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NLC Pinponts Causes of NNPC, Dangote disagreements

NLC Pinponts Causes of NNPC, Dangote disagreements

 

The President of the Nigeria Labour Congress, Joe Ajearo, has attributed the current uproar between the Nigeria National Petroleum Company Limited and the Dangote Petroleum Refinery to alleged government policy somersault and fraudulent moves by some forces.

Ajearo, who said this to journalists at the Murtala Muhammed Airport Terminal ll, in Lagos on Wednesday, further described what has been going on between the Dangote and the NNPC as uncalled for, stressing that in a deregulated economy there should be choices and competition.

He quarried the basis for regulating what Dangote is to sell, insisting that deciding for the private sector on how or what should be sold is an act of fraud.

“For a product produced here, he didn’t import with dollars, there was no landing cost and they wanted him to sell it at the same cost as the one they are bringing from abroad. That is fraudulent and unacceptable.”

 

 

“What you are seeing is fraudulent and policy somersault. Nigerians were made to believe that the sector has been deregulated and in a deregulated arrangement there should be choices and competition. So why are you now attempting to regulate how much Dangote should sell his product? Why?

“When Port Harcourt refinery comes up, let NNPC sell, let Dangote also sell but when you now begin to regulate how much Dangote should sell, that is fraudulent.

“This is the time for Nigerians to speak up. They told us that when they deregulate the economy, the private sector will direct the economy and the government will have no business in business. Now, they are trying to regulate how or what to sell by the private sector.

 

 

“They want him to sell the product at the same price as when it was imported.  For a product he produced here without landing cost and you want him to sell it at the same rate as the one imported, that is fraudulent,” he stated.

 

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Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

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Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

 

Adron Homes & Properties is excited to announce the official unveiling of the 7th edition of the Adron Games, tagged “Fit to Be the Biggest”. The 2024 edition is set to take place at the renowned Lekan Salami Stadium, Adamasingba, Ibadan, from November 29th-30th, 2024, marking the second time the city of Ibadan will host the prestigious sporting event.

The Adron Games is a national platform designed to promote physical fitness, wellness, and community engagement through sports. Having previously held successful editions in Ogun and Lagos states, the 2024 edition is expected to attract over 10,000 athletes and fitness enthusiasts from across Nigeria.

The theme of this year’s Adron Games, “Fit to be the Biggest”, perfectly captures the spirit and ambition of the event. It signifies both the physical and metaphorical journey to greatness, where athletes, fitness enthusiasts, and even spectators are encouraged to embrace the challenge of becoming their best selves—physically, mentally, and competitively.

The theme also promotes the idea that fitness is essential to achieving greatness, whether through competitive sports or in everyday life. It motivates participants to push their boundaries and excel, whether on the field, court, or track, and ultimately reminds them that the journey toward fitness and excellence never stops.

This year’s games will feature a wide array of sporting disciplines, including Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and the fan-favorite Tug of War.

In a special highlight, Nigerian football legends Daniel Amokachi and Mutiu Adepoju have been announced as the official ambassadors of the event. Both are renowned for their contributions to Nigerian football and are expected to inspire athletes and spectators alike with their presence.
Key Event Highlights:
• Event Dates: November 29th-30th, 2024
• Venue: Lekan Salami Stadium, Adamasingba, Ibadan
• Ambassadors: Daniel Amokachi, Mutiu Adepoju, Vanessa Jones and MC Relax
• Sporting Events: Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and Tug of War
• Special Guests: Sports icons, fitness personalities, and celebrity appearances
• Participants: Over 10,000 athletes and fitness enthusiasts
• Prizes: Cash prizes, trophies, and awards for winners in various categories
Speaking at the unveiling, Daniel Amokachi emphasized the importance of corporate sponsorship in fostering young Nigerian talents, praising Adron Homes for their commitment to promoting sports.

He said “Sports in Nigeria need more support from businesses and brands to help discover and nurture talents among our youth. Organizations like Adron Homes, through their consistent support of sports, are boosting Nigeria’s global sports performance,” Amokachi said.

Meanwhile, Mutiu Adepoju lauded the unifying and transformative power of sports and commended Aare Adetola Emmanuelking, Group Managing Director of Adron Homes, for his unwavering commitment to organizing this event annually. “Sports is a powerful tool for unity and fitness, both physically and mentally. I commend Aare Adetola Emmanuelking for his continuous support of sports by organizing this prestigious event. His dedication is vital to the development of sports and the empowerment of youth in Nigeria,” Adepoju remarked.

it will be recalled that, Adron Games is an annual sporting event organized by Adron Homes & Properties to promote physical fitness, wellness, and community engagement through sports. Since its inception, the event has grown into a major national platform, bringing together thousands of athletes, corporate teams, and fitness enthusiasts in the spirit of competition and fun.

Adron Homes, through this sporting event, encourages everyone to view fitness and sports as key to unlocking personal and communal growth, building healthier lifestyles, and fostering unity across different regions, backgrounds, and demographics. “Fit to be the Biggest” represents not only the size and scope of the event but also the opportunity for everyone involved to elevate themselves and inspire others through the power of sport.

For more information, sponsorship, vendor registration and inquiries, please contact: Abiodun 08138432335

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

Adeboye Abiodun
Mnipr, Acicrm
Digital Operations and Media Relations Officer
Adron Homes and Properties Limited.
08138432335

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Three marketers to import 141m-litres petrol By Shonibare Timilehin 

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NNPC cautions motorists, others against panic buying

Three marketers to import 141m-litres petrol

By Shonibare Timilehin 

 

Three major oil marketers are expecting vessels of imported Premium Motor Spirit, popularly called petrol, this week barring any unforeseen circumstance, it was gathered on Tuesday.

Dealers said about 141 million litres of PMS are being conveyed to Nigeria by the vessels following the full deregulation of the downstream oil sector by the Federal Government.

They also noted that the recent hike in the pump prices of petrol produced by the Dangote Petroleum Refinery and released by the Nigerian National Petroleum Company Limited on Monday had allowed room for PMS imports.

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