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Ndiomu Launches PAP Cooperative Society Limited

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Ex-agitators hail initiative, urge Tinubu to retain him

The Interim Administrator (IA) of the Presidential Amnesty Programme (PAP), Major-General Barry Tariye Ndiomu (retired) on Wednesday launched the PAP Cooperative Society Limited (PAPCOSOL).

PAPCOSOL is a duly registered limited liability company aimed at creating sustainable livelihoods for Niger Delta ex-agitators and make delegates self-reliant contributors to the national economy.

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The launching and presentation of PAPCOSOL’s Certificate of Registration, held at the Conference Room of the PAP Headquarters in Abuja, was witnessed by the leaders of ex-agitators and delegates; members of the Advisory Board of PAPCOSOL; management and staff of PAP, as well as the media.

Apart from the Chairman of the Advisory Board, His Royal Majesty (Dr.) Francis Tabai, a retired Honourable Justice of the Supreme Court of Nigeria, who formally but gleefully received the registration certificate from Ndiomu on behalf of the board, other members of the board include Brigadier-General Emmanuel Salubi (retired) and Comrade Joseph Eva, a Niger Delta social and environmental activist.

Explaining the objectives and how the legacy project of his administration would change the socio-economic narrative of the Niger Delta, Ndiomu said it would adopt a private sector-driven approach.

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Our unique approach is designed to develop businesses that align with the motivations of beneficiaries, give them access to the market, access to credit and other technical and human resources that will help lead their lives and that of their communities into prosperity.

READ ALSO: INC, IYC, Ann Kio-Briggs Applaud Ndiomu For Creating Cooperatives To Empower Ex-agitators

“In practical reality, through the initiative of a Cooperative Society, PAP under this dispensation aims to identify and build the capacity of beneficiaries to participate in market system opportunities; enable beneficiaries to find ease in doing business; locate high performing markets and facilitate sustainable connections with stakeholders such as farmers, processors or manufacturers and other market players; the initiative would also create opportunities for beneficiaries to build additional and sustainable means of livelihoods in agriculture, renewable energy, health and technology as well as facilitate meaningful networks with development partners that will further empower the cooperative scheme with funding and technical partnerships,” he said.

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Ndiomu stated that at this take-off stage, priority focus would be given to agriculture and manufacturing value chain sectors, such as rice plantation and processing, with consideration to other sectors under medium and long-term plans.

He disclosed that the cooperative initiative has a take-off sum of N1.5 billion deposited with the Providus Bank, that can immediately be accessed by beneficiaries.

He added that additional N500 million will be provided monthly.

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He further revealed ongoing engagements with funding authorities such as: the European Union (EU), the Bank of Agriculture (BOA), the Bank of Industry (BOI) and the NEXIM Bank for possibility of pooling more funds to the cooperative scheme.

Ndiomu said: “Over the years, the Presidential Amnesty Programme (PAP), has implemented various reintegration initiatives broadly built around training and empowerment/employment of beneficiaries but with less than stellar results.

“This has led many to question the Programme design and management despite the best efforts of previous administrations.

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READ ALSO: Amnesty Programme Remains Critical To Mitigating Conflicts In The Niger Delta Region – Ndiomu

“The continued dependence of beneficiaries on monthly stipends has only served to underscore these widely held assertions. This has given cause for a new thinking that would better position PAP to more surely achieve its Reintegration mandate.”

“The Presidential Amnesty Programme (Beneficiaries) Cooperative Society Limited (PAPCOSOL) is the novel alternative economic development scheme designed to create a more viable means of livelihood for ex-agitators with socio-economic development of their communities and the Niger Delta region in general as an intended consequence and this is considered the most practicable approach in ensuring the sustainable reintegration of PAP ex-agitators.

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“It is owned and managed by PAP, with its headquarters domiciled in the Programme’s Office in Abuja. In addition, the cooperative already boasts of some presence in some states in the Niger Delta—which serve as branch offices to best reach the target beneficiaries.”

Ndiomu further stated, “As conceptualized, PAPCOSOL will be closely supervised by the Office of the Interim Administrator of PAP—being its key administrative and strategic guide. The Advisory Board consists of top professionals drawn from various fields and industries and is being headed by HRM (Dr) Justice F. F. Tabai, CON, JSC (retired).

“Project consultants who will handle the technical deliverables and business development processes have been identified and engaged. Representatives of different phases of ex-agitators hold the base to the cooperative.”

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The Cooperative is expected to work with beneficiaries of PAP to identify businesses that align with their skill areas or set-ups and turn such process into profitable ventures; provide technical and development support to beneficiaries to enable them own and manage business ventures; create employment opportunities to boost economic growth in the Niger Delta through: identification of business opportunities in respective localities, building beneficiaries’ entrepreneurial capacity for sustaining of business operations, provision of market and industry opportunities, attraction of development and funding support partners, access to grants and credits, and enabling market offering in consumer and global markets.

In his remark, the Advisory Board Chair, Justice Tabai said, “The Presidential Amnesty Programme has been going for many years now. But within a short time of your coming, you have done this. The first and last duty of a responsible human being is service. Thank you.”

READ ALSO: Ndiomu Visits NIMASA DG, Seeks Opportunities For Youths In Maritime Industry

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Earlier in an address, SA Special Duties, who was team lead in midwifing PAP Cooperative Society, Mr. Thomas Peretu, said the birth of PAPCOSOL signifies the reality of Ndiomu’s vision and the beginning of a transformation of the lives of all ex-agitators.

Peretu said, “We are here to celebrate this unfolding history because one man believed something can be done to better the lots of our people. That person is Major-General Barry Tariye Ndiomu. I call him the avatar of change; the chief servant of the people of Niger Delta region.

“But everyone gathered here in this small hall is part of history because, when the delegates begin to reap the fruits of this labour in the days ahead, you should be able to say: I was part of that history.”

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Also speaking, Henry Binidodogha, alias Egbema 1, a leader of Phase One, said ex-agitators have come a long way from the very beginning of Amnesty Programme. “Most of us have been worried over how we can survive with our families. So, for the Interim Administrator of Amnesty Programme to come up with this cooperative initiative, we all support it so that we can be able to achieve our goals in the Niger Delta,” he concluded.

He promised to convince other ex-agitators to support Ndiomu.

Similarly, ex-agitator and chairman of PAP Strategic Communication Committee (STRATCOM), Mr. Nature Dumale Kieghe, said he was convinced that the creation of a cooperative society for ex-agitators would change the old narrative in the Niger Delta and that the “N65,000 stipend is not sustainable. It is better for us to have something that can sustain us. We are also confident that the board that is going to manage this cooperative scheme is made up of people that have integrity and probity.”

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In their separate remarks, Hon. Enekiyo Felix Bonny Ayah, a serving and re-elected legislator of Bayelsa State House of Assembly representing Southern Ijaw Constituency 1, called on the incoming government to retain Ndiomu for him to continue his good work at the PAP.

This is what we have been saying. That someone with a heart for development should be in charge of this Programme” while Mr. Richard Akinaka also lauded Ndiomu for the cooperative initiative.

Other ex-agitators at the launching include: Tonye Gabriel Bobo, Ellington Bakumor, Fayeofori Ngiangia, Adokiye Sami, Selepere Kalabiri, Chief Falaki, and Ifiemi Ebite, all leaders of ex-agitators.

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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