News

NEDC Pledges To Contain Flood Incidents In North-East

Published

4 years ago

October 27, 2022

Editor

The North-East Development Commission (NEDC) has pledged to contain future occurrence of flood incidents in the North-Eastern parts of Nigeria.

Mohammad Alkali, the Chief Executive Officer, NEDC, made the assurance in Bauchi on Wednesday when he led officials from the commission on a condolence visit to Gov. Bala Mohammed over the recent flood incidents in the state.

The commission was also in Bauchi to distribute food and non-food items to victims of flood and the Internally Displaced Persons (IDPs) in the state.

Speaking, Alkali, who is also the Managing Director of the commission, said that NEDC had been proactive in its activities, adding that on August 19, during the World Humanitarian Day celebration in Maiduguri, it donated food and non food items to be distributed to the six Northeastern states.

He explained that this was made possible with the intervention of President Muhammadu Buhari through the Presidential Committee on Repatriation, Return and Resettlement of Internally Displaced Persons of the commission.

According to him, NEDC is working round the clock to synergise with all the state governors in the region in order to contain future occurrence of flood and to further improve the standard of living of IDPs.

“One of the objectives of the visit is to commiserate with you and the good people of Bauchi state on the recent flood disaster that affected some parts of the state and by extension, the North-East.

“We wrote a letter to the state government to see how we can synergise to contain the situation in providing preventive measures in the future and the state government articulated its position.

“Its position is to also see what we can do to contain the situation and to provide preventive measures to see that this kind of ugly situation should be contained or prevented in the future.

“I assure you that we are going to work in that direction to see that we contain flood situations in the future,” he said.

Alkali, who stated that the commission had donated the items in Borno, Yobe and Gombe states, listed some of the items to be distributed in Bauchi to include; 10,000 bags of rice (25kg), 5,000 pieces of blankets, 5,000 mats.

Others he said included; 3,000 gallons of vegetable oil, 5,000 women wrappers, 3,000 cloth materials for men (Shada) and 3,000 children’s wears.

Responding, governor Mohammed appreciated President Muhammadu Buhari, NEDC and the Humanitarian Ministry for the show of courtesy and sympathy to the North-East region.

He said that NEDC is one of the best legacies President Muhammadu Buhari will leave behind for Nigeria.

“It is one of the best institutions created in order to deepen institutionalization of initiatives which are not just going to be temporary.

“Fortunately for us, the institution is created for the pioneer staff that are very competent and they are doing their jobs in a manner that they will not be confronted with the problems and challenges of their sister organisation,” he said.

He promised that the items would be fairly and equitably distributed and for the purpose they are meant for.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour ago

May 6, 2026

Editor

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.

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.

He has been a regular feature for Lazio this season.

News

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

Published

2 hours ago

May 6, 2026

Editor

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.

“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.

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

News

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

Published

4 hours ago

May 6, 2026

Editor

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.

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

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

“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.”

“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).

“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.”

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.