Fund
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Featured
Nigeria gets largest intervention fund spent in Africa – Gates
Bill Gates, Co-chair of the Bill and Melinda Gates Foundation, says Nigeria gets the largest intervention fund spent by the foundation in Africa. Gates said this during an interview session with selected journalists on the sidelines of the 2024 NutriVision Dialogue on Tuesday in Abuja. According to him, helping reduce health inequality globally is the top priority of the foundation,…
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Featured
FG addressing basic healthcare provision fund challenges – official
The Federal Government says efforts are ongoing to address challenges affecting the Basic Healthcare Provision Fund (BHCPF) toward achieving universal health coverage and improving health outcomes for citizens. Dr Mukhtar Muhammad, Secretary of the Ministerial Oversight Committee of BHCPF said this during the Federal Ministry of Health and Social Welfare Media Engagement on BHCPF on Wednesday in Lagos. The BHCPF…
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Featured
Arewa Forum calls for establishment of Military Endowment Fund
The Arewa Concerned Citizens Forum (ACCF), has called for the establishment of the Nigerian Military Endowment Fund. The forum, in a statement signed by its co-founders, Alhaji Bello Usman and Dr Victor Bobai, in Kaduna on Tuesday, said that the move was to give back to the military personnel for the selfless service to humanity. According to the forum, the…
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Defence
EFCC grills Hajj commission chair over alleged fund mismanagement
The Economic and Financial Crimes Commission (EFCC) on Tuesday grilled the Chairman of the National Hajj Commission of Nigeria (NAHCON), Malam Jalal Arabi, over alleged mismanagement of 2024 Hajj exercise fund. The News Agency of Nigeria (NAN) reports that Arabi was at the office of the anti-graft agency to answer questions on how the commission spent the N90 billion subsidy…
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Featured
Keyamo assures NSIB adequate fund to operate
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN), has promised the Nigerian Safety Investigation Bureau (NSIB) of improved funding to carry out its operations. Keyamo gave the assurance at the re-opening of the NSIB Office in Lagos on Friday. The minister said that demolition of the former NSIB Office was needless and greatly affected operations of the…
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Featured
Ebonyi govt. releases N200m agric counterpart fund
The 11th International Fund for Agricultural Development (IFAD) Value Chain Development Programme (VCDP) Pre- Mission team, has expressed delight that Ebonyi government has release N200 million counterpart fund for the programme’s implementation. The Team Leader of the pre-mission team, Mr Babatunde Adebayo said this on Thursday when he spoke newsmen in Abakaliki. He said the timely release would assist the programme’s…
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economy
BOI, Jigawa partner on N6bn MSME growth fund
Jigawa State and Bank of Industry (BOI) are partnering to establish a N6 billion Micro Small and Medium Enterprises (MSME) Growth Fund. Gov. Umar Namadi of Jigawa said this while inaugurating BOI’s office in the state, which marked the bank’s 33rd state office nationwide. The News Agency of Nigeria (NAN) reports that the partnership led to a signing of a…
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economy
Conflict of interest hinders implementation of AfDB’s anti-corruption fund- Adesina
The African Development Bank (AfDB) President, Akinwumi Adesina, says conflict of interest is hindering implementation of the bank’s anti-corruption fund. Adesina, in an interview, said the bank established an anti-corruption fund of about 55 million dollars seven years ago, which had yet to be tapped into. “The point is, we have the funds. However, when implementing that fund, we found…
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Featured
FG captures activation of vulnerable group fund in 2024 budget
The Federal Government (FG) said on Friday that the 2024 budget captured the activation of the Vulnerable Group Fund to improve healthcare system delivery and reduce citizens’ out-of-pocket expenses. The Chairman of the Senate Committee on Health, Sen. Ipalibo Banigo, disclosed this when the committee visited the University College Hospital (UCH) in Ibadan. Banigo said the fund had been in…
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Featured
Distality commission tasks NASS on Disability Trust Fund
The National Commission for Persons with Disabilities (NCPWD) has appealed to the National Assembly to pass the Bill for the establishment of Disability Trust Fund before it. The Executive Secretary, Dr James Lalu, made the appeal at a two-day sensitization of stakeholders on Disability Accessibility Regulations, in Abuja on Wednesday. The event was organized by the NCPWD, in collaboration with…
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News
7,057 youths receive N2.04bn from Nigerian govt
The federal government has provided N2.04 billion to at least 7,057 youths in the country through the Nigeria Youth Investment Fund (NYIF), a programme under the Ministry of Youths and Sports Development. This was revealed in a statement released by the Central Bank of Nigeria following the Monetary Policy Committee (MPC) meeting on Tuesday. According to the CBN, 4,411 of…
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News
Global Fund: Nigeria gets $140-Million
Nigeria is expected to get a three-year grant worth 140 million U.S dollars (N50.75billion ) to tackle Tuberculosis (TB) in the country. Dr Emperor Ubochioma, Programme Management Unit Team Lead for Global Fund TB Grant, National TB and Leprosy Programme, disclosed this on Tuesday in Abuja. Ubochioma said the grant, to run from 2021 to 2023, was to complement the…
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Nigeria
Nigeria seeks $890m
Nigeria is applying for 890 million dollars grant from the Global Fund to reduce the burden of HIV, Tuberculosis and Malaria from 2021 to 2023. Mr Dozie Ezechukwu, the Executive Secretary, Country Coordinating Mechanism (CCM) Global Fund Nigeria, disclosed on Monday in Abuja. CCM Nigeria, the custodian of Global Fund (GF) grant, is a body of representatives of government, bilateral…
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News
NEC seeks N2trn from pension assets to fund infrastructure
The National Economic Council is considering the possibility of investing N2trn from pension funds to finance critical infrastructure projects like roads, rail and electricity. This was an outcome of yesterday’s NEC meeting chaired by Vice President Yemi Osinbajo. Governor Atiku Bagudu of Kebbi State, who addressed journalists after the meeting, recalled that the Kaduna State Governor Nasir El-Rufai-led committee was…
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