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Lagos Signs MoU With AWIEF On $300m Fund To Empower Women Entrepreneurs

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Lagos State Government on Tuesday signed a Memorandum of Understanding (MOU) with African Women Innovation and Entrepreneurship Forum (AWIEF) expected to facilitate the process of ensuring that women entrepreneurs have access to $300 million fund to boost their businesses.

The State’s Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, who disclosed this to journalists yesterday at a media briefing at the Bagauda Kaltho Press Centre in Alausa, said the $300 million is a women’s Economic Empowerment Fund set aside by African Development Bank (AfDB) for empowering African women.

Ashade said, “Lagos Women Economic Empowerment Initiative (LAGOSWEEIN) is an initiative designed for the women of Lagos state for the purpose of ensuring entrepreneurial capacity building, business skills upgrade and preparedness as well as to facilitate access to finance and other services within the framework of affirmative Finance Action.

“Today’s signing of partnership agreement is a milestone between Lagos State and AWIEF and all women in the state. This partnership is reaching a major step in line with Governor Ambode agenda for women in the state, towards their strategic economical empowerment.”

The commissioner further explained that the other partnership highlights include training, business coaching and technology transfer of the women through a detailed standard operating procedure.

He assured that the state government will honour its own part of the agreement which is to pay as and when due invoices presented by AWIEF based on mutually agreed budget.

The commissioner noted that exploring the collaborative opportunity in the state to derive maximum benefits for women-owned businesses is indeed a great opportunity for the entire state as it guarantees business and social development, financial freedom for Lagos women among many others.

Also speaking, the founder of AWIEF, Irene Ochem commended the state government for partnering with her organisation in empowering women.

According to her, the biggest challenge women entrepreneur faces is access to fund, which also informed why AFDB came up with opportunities for women to have access to finance.

“We are very passionate about women empowerment and partnering with Lagos with the largest business women is a worthy one.”
Ochem pointed out that the fund is for every business women with no restriction of sectors, adding that the partnership is important as it would be about training and capacity building.

Earlier, the Chief Executive Officer (CEO) of Rhoda Michaels Fashion Academy, Mrs. Agbeyo Rhoda, expressed concerns about the large number of creative youths in Nigeria yet to put their talents into good use.

She encouraged all the students to be part of the initiative, saying, “If all can be part of this, it will in no doubt grow the economy of this country”.

 

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Nigeria’s Communications Minister, Isa Pantami, Loses 13-year-old Daughter

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Nigeria's Communications Minister, Isa Pantami, Loses 13-year-old Daughter

Communications minister, Isa Pantami

Minister of Communications and Digital Economy, Isa Ali Pantami, has announced the loss of his 13-year-old daughter, Aishah Isa Ali.

The Minister took to his Twitter account on Monday night to announce this sad news.

Pantami stated that the funeral prayer for the deceased will be conducted in Abuja on Tuesday at Annur Masjeed, Wuse 2.

Also Read: Gunmen Evict NIDCOM Staff From Office On Minister’s Order

The post by the minister announcing the incident reads; “Inna lil Laahi wa inna ilaiHi Rajiun! My 13-year old daughter, Aishah Isa Ali (Amal) passed away just a moment ago.

“Due to some necessities, funeral prayer tomorrow at Annur Masjeed, Wuse 2, immediately after Zuhr prayer In sha Allah. May Allah forgive and be merciful to her.”

 

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Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu

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Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu

Governor Wike

Governor Nyesom Wike of Rivers State has imposed a 24-hour total curfew for two weeks on some parts of Port-Harcourt, the state capital.

The Governor made this known during a broadcast on Sunday where he noted that the curfew begins from Monday 23rd November 2020.

The statement noted that the upsurge noticed by the state government in cases of cult activities, other forms of violence, and killings is responsible for the curfew.

Also Read: Umahi Unhappy With PDP Because Atiku Picked Peter Obi – Wike

Wike in the statement declared that the entire area along and around the Okoro-nodu flyover up to a one-kilometre radius from Saint Emmanuel Anglican Church, Rumuokoro, extending to the Rumuodomaya Slaughter and Local Government daily market will be affected.

He added that no form of trading, human or vehicular movement is allowed in the affected areas until further notice.

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Zamfara Governor Secures Release Of 11 Kidnapped Victims

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Zamfara Governor Secures Release Of 11 Kidnapped Victims

Bello Matawalle

Governor of Zamafara, Bello Matawalle has announced the release of 11 kidnapped victims.

According to reports, ten of the victims were male and a female from Bukkuyum Local Government Area.

Matawalle received the rescued kidnapped victims on Saturday night at the Government House in Gusau, the state capital.

The Commissioner of Security and Home Affairs, Abubakar Muhammed Dauran revealed that the victims were released without paying a ransom.

Also Read: Nigeria still needs SARS, Zamfara gov, Matawalle insists

He stated they were released as a result of the peace initiative and stakeholders meeting summoned by Governor Matawalle with all critical stakeholders from Bukkuyum Local Government Area on Thursday.

Governor Matawalle assured that his administration will not rest on its oars until total peace is achieved in all parts of the state.

 

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