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Business

FG set to provide cash grant for 8,000 rural women

8,000 rural women across Kano State will benefit from FG’s Cash Grant for Rural Women Project

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N-power, FG launches Cash Grant for Rural Women Programme in Ondo, FG approves National Policy on Ageing for Older Persons

The Federal Government has disclosed that about 8,000 women across the 44 local Government Councils in Kano State are to benefit from the ongoing Federal Government Cash Grant for Rural Women Project.

This disclosure was made by the Honourable Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, during the flag-off ceremony of the project in Kano State.

A statement which was delivered by the Minister’s Representative, the Permanent Secretary of the Ministry, Bashir Nura Alkali, at the flag-off ceremony of the project in Kano State, revealed that in an effort to sustain the social inclusion agenda of the President Buhari’s administration, the government will provide cash grants to 8,000 women across the 44 local Government Councils in Kano State.

The Executive Governor of Kano State, His Excellency, Dr. Abdullahi Umar Ganduje commended the administration of President Muhammad Buhari for initiating programmes that are geared towards uplifting the plight of the poor and vulnerable in the society, especially women and children.

The Governor appreciated the enrollment of additional thirty-five thousand beneficiaries from the 15 Local government areas of the State under the Conditional Cash Transfer (CCT). He also appealed to the Minister to approve the enrollment of the remaining 35,000 beneficiaries from the LGAs.

Why it matters

The grant is expected to cushion poverty and create the needed buffer for the poor and vulnerable in the Nigerian society to scale the poverty bracket, especially women and children.

This will foster their inclusion and active participation in the economy, which is expected to lead to an increase in the income and productive assets of target beneficiaries in line with the ultimate target of improving the living standards of Nigerians.

What you should know

  • The Federal Government Cash Grant for Rural Women Project was introduced in 2020 to sustain the social inclusion agenda of President Buhari’s administration.
  • The cash grant project was designed to provide a one-off grant to the poorest and most vulnerable women in rural and peri-urban areas of the country.
  • In line with the core mandates of the current administration, and the framework of the programme, a cash grant of N20,000 will be disbursed to about 125,000 poor women across the 36 States of the Federation and the Federal Capital Territory.

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Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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    Business

    Reps to investigate train ticket racketeering after Nairametrics report

    Lawmakers allegedly found that ticket racketeering is done by operators of the Abuja and Kaduna railway stations.

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    Legislators in the House of Representatives are set to investigate alleged railway ticket racketeering after Nairametrics uncovered the menace in a special report in March.

    The House of Representatives resolved to do this after they allegedly found that ticket racketeering activities were being carried out by operators of the Abuja and Kaduna railway stations.

    READ: Nigerians lament over hike in train fare caused by black market racketeering

    What lawmakers are saying about racketeering

    Zayyad Ibrahim of APC from Kaduna at the plenary, on Tuesday, said:

    “The e-Ticketing System for the Abuja-Kaduna train services enabled commuters to book tickets online, thus curbing ticket racketeering and the stress of purchasing tickets at the train stations.

    “[We are] concerned that ticket racketeering, which the e-Ticketing System sought to eradicate, is still going on unabated, as tickets can no longer be adequately accessed online due to the mischievous activities of some people, who buy wholesale tickets and resell to passengers at exorbitant prices.

    “Taking cognizance of the fact that if the activities of racketeers are not curbed, passengers will continue to be denied the privilege of accessing the train services as, sometimes, a train may leave the station without carrying the required number of passengers, because the tickets are not accessible or affordable to the majority of passengers.”

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    READ: Sanwo-Olu says Lagos rail projects will cost over N100 billion

    The House urged the management of the Nigerian Railway Corporation (NRC) to strengthen their internal mechanisms with a view to eradicating ticket racketeering.

    In his ruling, the Speaker of the House, Rep. Femi Gbajabiamila, mandated the Committee on Land Transport to investigate the matter and report back within two weeks for further legislative action.

    What you should know about the e-Ticketing system

    The Abuja-Kaduna train services were officially commissioned by President Muhammadu Buhari on 26th July 2016, to provide an alternative to road transportation in the area.

    There had been a tremendous increase in passengers at Idu and Kubwa stations in Abuja, as well as at Rigasa in Kaduna, due to increased patronage following security challenges on the Abuja and Kaduna Expressway. But it appears that that the increase in passengers led to ticket-racketeering, an ugly practice.

    READ: Train 7 project: NLNG reacts after NNPC, others delay decision 

    On March 16, 2021, Nairametrics published a special report where Nigerians lamented over the recent hike in train fares, which many of them said was illegal.

    Jaiz bank

    Aside from the difficulties and over 100% hike in the fares, most of the victims, who spoke with Nairametrics, urged the Federal Government through the Rotimi Amaechi-led Ministry of Transportation to investigate the allegations and expose the activities of the corrupt individuals involved in the menace.

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    Business

    Insecurity: Lagos to roll out extensive policies in May to keep the state safe

    Governor Sanwo-Olu has assurred Lagos residents of his government’s intention to tackle impending security challenges in the state.

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    The Lagos State Government has said that it would in the month of May roll out extensive policies to tackle impending security challenges in addition to providing far-reaching support to all security operatives to keep the state safe.

    This follows the high rate of insecurity which is characterized by kidnapping, banditry, terrorism, armed robbery and so on, in different parts of the country.

    This was disclosed by the Lagos State Governor, Babajide Sanwo-Olu, on Monday, while speaking at the 3rd session of the 34th Synod of the Diocese of Lagos, Church of Nigeria (Anglican Communion) held at Our Saviour’s Anglican Church, Tafawa Balewa Square, Lagos.

    Sanwo-Olu assured that Lagos will be a state that everybody would be proud of, adding that his administration will deliver on all the THEMES six-pillars developmental agenda for ‘Greater Lagos.’

    READ: Lagos takes steps to prevent third wave of Covid-19, facilities on high alert

    What the Lagos State Governor is saying

    Sanwo-Olu in his statement said, “Talking about security, we can say Lagos is relatively better but I sit on it and I know what we are doing and the things we need to do. We know we have issues to deal with as a country and Lagos will certainly be leading that conversation because we know how critical this State is to the nation.

    “This is the melting pot for our nation where anybody can come in with a lot of aspirations and do well. Lagos is a state that gives hope to a lot of Nigerians. Lagos is a state that gives hope to all of Nigeria. So, we cannot afford anything to happen here. I can assure you with every sense of commitment that we will stop at nothing to make sure that Lagos remains safe and secure.

    “In this month of May, you will see extensive pronouncements in that regard. You will see extensive policies and far-reaching support that would be given out to all our security operatives so that it is not just a talk show and film show; it is something we are committed to and we will continue to make sure that our Lagos remains safe, secure, prosperous and a place where all of you would truly be proud of.”

    READ: Lagos announces the closure of Ikorodu Road inbound Anthony for 4 weeks

    On some of the measures being taken by his administration to curb insecurity in the state, Governor Sanwo-Olu said “We will deal with the issue of motorcycle in systematic order and to have a human face to it, we would provide credible alternatives. We cannot throw the baby and the water away. The alternatives would be properly fashioned out before the end of the month of May.

    Governor Sanwo-Olu also appealed to citizens who have buildings that are either not completed or abandoned to get a professional security company to take them over so that they can monitor and police them well instead of leaving them open for criminals as hideouts.

     

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