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Business

House of Reps to investigate N5bn COVID-19 intervention fund by the Ministry of Aviation

The House of Representatives is set to listen to complaints from airline operators in Nigeria over COVID-19 intervention fund.

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The House of Representatives announced that it has agreed to listen to complaints lodged by airline operators in Nigeria over the handling of COVID-19 funds by the Ministry of Aviation.

This was disclosed by Rep. Nnolim Nnaji, Chairman, House Committee on Aviation, in a statement on Monday.

The House Chairman added that the allegations raised by the airline operators could not go unnoticed, and revealed that the House of Reps has agreed to summon the Ministry on its disbursement of intervention funds, citing that the Committee would cut short its Easter break to investigate the issue.

READ: Nigeria @ 60: The Aviation sector and its travails

“The essence is not to witch-hunt anybody but to clear every doubt over the disbursements. We want to know the detailed disbursements, airline by airline, the parastatals under the ministry and other organisations.

“The committee was quite aware of the challenges facing the industry due to the COVID-19 impact and the genuine concerns expressed by its Minister, Sen. Hadi Sirika, on the need for Federal Government’s palliative to the industry.

READ: Nigerian retail industry can’t grow without proper franchise system – CIG boss

“Some airline operators, have, however, complained that despite being asked to submit their details which they did, up till date, there has been no response from the ministry.

Sigma Pensions

“There were also allegations that the ministry carried out selective disbursements and that the exercise lacked transparency,” he said.

READ: Lagos moves against estates without layout approvals, to commence enforcement

What you should know

Recall Nairametrics reported in November 2020 that the federal government would soon start disbursing the approved bailout fund of N5 billion to operators in the aviation sector, which is intended to ameliorate the harsh realities of the COVID-19 pandemic on their business operations.

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Business

Lagos State seeks investors in aquatic and livestock agriculture value chain

The Commissioner revealed that the scheme was in line with the State’s five-year strategic agriculture roadmap.

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Lagos State begins recruitment for Agripreneurship programme, Sanwo-Olu confirms Abisola Olusanya as new Agriculture commissioner

The Lagos State Government announced it is seeking private sector collaboration for Agriculture sector value chain development in livestock feed mills, fisheries and red meat.

This was disclosed by the State Commissioner for Agriculture, Ms Abisola Olusanya, in a statement on Sunday in Lagos.

The Commissioner revealed that the scheme was in line with the State’s five-year strategic agriculture roadmap, as the State identified the 3 main sectors for value chain disruption.

READ: Lagos goes tough on illegal conversion of land use, enforcement begins in Ikeja GRA, Lekki, others

She also added that investment in the sectors would also develop jobs for the industry and boost the State’s GDP growth, through Private Sector collaboration as Lagos residents consume over N5 trillion worth of food annually.

“The objective is to stimulate and encourage more public-private partnerships in the three value chains,” she said.

“When you consider this pool of transactions happening in Lagos, it shows that we are the market. For instance, we demand over 400,000 metric tons of fish on an annual basis.

“But our fishermen and our aquaculture farmers are only able to produce just about 174,000 metric tons with deficit of 200,000 metric tons,” she added.

Sigma Pensions

READ: CBN invests over N120 billion on 320,000 farmers across CTG within four years

She also disclosed that the state has 9,000 artisanal fishermen, and bringing more youths into the space will increase the level of fish and seafood being harnessed from our water bodies. Looking at the transactional value on an annual basis, the fisheries sector is worth well over N120billion according to her.

In case you missed it: Nigeria exported agricultural products worth N321.5 billion in 2020, representing a 19.16% increase when compared to N269.8 billion recorded in 2019 and a 6.27% increase compared to N302.28 billion recorded in 2018.

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#DigitalSkillsTraining: FG announces conclusion of selection process

Only successful applicants that are contacted by the Ministry are to report at the training venue.

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President Buhari to address Nigerians on Lekki toll plaza shootings after investigation , Youth Investment Fund:  Ministry of Finance and CBN to launch provision of funds- Minister, Federal Ministry of Youth and Sports launch DEEL initiative

The Federal Government through the Ministry of Youth and Sports disclosed that the selection process for the upcoming Digital Skills Training has been concluded for the #DigitalSkillsTraining from April 11th to 30th, 2021.

This was disclosed in a statement by the Ministry of Youth and Sport on Sunday evening.

“The Federal Ministry of Youth and Sports Development wishes to inform the general public and all Nigerian Youths that the selection process has been concluded for successful applicants for the #DigitalSkillsTraining scheduled for April 11 to 30, 2021,” the statement said.

The Ministry added that only successful applicants that were contacted by the Ministry are to report at the training venue. Those who were not successful but arrive at the training would not be admitted.

Upcoming #DigitalSkillsTraining Programmes of the Ministry will be widely publicized on youthandsport.gov.ng , on : noya.ng and on the Ministry’s social media handles,” the statement added.

What you should know 

Recall that Nairametrics reported in November 2020, that the Ministry of Youths and Sports Development announced it will scale up its digital skills training to cover 500,000 youths across the country after securing funding under the COVID-19 stimulus budget.

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