FG UNVEILS 75 BILLION LOAN REGISTRATION PORTAL

The Federal government has officially unveiled the registration portal for the N75 Billion Nigeria Youth Investment Fund (NYIF), thereby paving the way for interested young Nigerians between the age of 18-35 years old to apply.

Successful applicants will undergo 5 days of compulsory online training which is free. Fund approval will range from N250,000 to N5,000,000 with a spread across group applications, individual applications, working capital loans set at 1 year, and term loans set at 3 years.

REQUIREMENTS

• Phone

• Gender

• Residential Address

• Geo-Political Zone

• State of Origin

• LGA

• Educational Level

• Select Preferred Training Center

• How did you hear about NYIF?

Youth with business ideas that require funding can apply for the fund through the following link: https://nyif.nmfb.com.ng/Applicants/New

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GOV. ALIA MAKES NEW APPOINTMENTS

Monday, July 15th, 2024 His Excellency, Rev. Fr. Dr. Hyacinth Iormem Alia has approved the following appointments. 1. Engr. Dr. Akwonya Comfort Adadu - Director General, Bureau of Public Procurement (BPP). Adadu, an indigene of Benue State who hails from Ado Local Government. Before her appointment was a Senior Lecturer with the Benue State University, Makurdi. Her appointment takes immediate effect. 2. Meanwhile, the Governor has also approved appointments for council members of Benue State's own tertiary institutions, as follows. (a) Benue State University - Sir Paul Chukwuma—Chairman/Pro-chancellor. (b) Benue State Polytechnic, Ogbokolo - Dr. Demian Anyam - Chairman (c) College of Education, Oju - Prof. Member George-Genyi (d) College of Education, Katsina-ala - Prof. Uketor Gabriel Moti - Chairman (e) Akawe Torkula Polytechnic, Makurdi - Prof. Okpe O Okpe - Chairman (f) Akperan Orshi Polytechnic, Yandev - Dr. Victoria Pila - Chairman. (g) College of Health Technology, Ag...

JULY FEDERAL ALLOCATION: Federal Government To Withhold July Allocations to Benue, Enugu, Rivers, Kano and 16 Other States

The Federal Government will from July withhold local government allocations to Benue, Enugu, Kano, Rivers, and 16 other states in compliance with the Supreme Court judgement. The apex court on Thursday delivered a judgment in the local government autonomy suit filed by the Attorney General of the Federation, AGF, Lateef Fagbemi, SAN, on behalf of the Nigerian Government, barring the Federal Government from releasing allocations to local governments governed by unelected officials appointed by the state governors. In the judgment, Justice Emmanuel Agim barred the Federal Government from further paying LG allocations through the state governments, noting that the practice had been abused by the governors. Justice Agim accused the state governors of retaining allocations and utilising them as they please, to the detriment of the local government councils. Following the judgment, 20 states that have no elected local government chairmen stand barred from receiving local governme...

BREAKING NEWS: Senate moves to establish Local Government Electoral Commission

A Bill seeking to establish a federal agency for the conduct of local government elections on Thursday, July18, scaled through first reading in the Senate. The bill is titled, “Local Government Independent Electoral Commission (Establishment) Bill, 2024 (SB. 531)” The bill was sponsored by the Chairman, Senate Committee on Finance, Senator Sani Musa, (APC, Niger East).

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