News

Otuaro Cautions Against Payment Of Money For PAP Scholarship

Published

9 months ago

August 7, 2025

The Administrator of the Presidential Amnesty Programme (PAP), Dr Dennis Otuaro, has warned PAP stakeholders allegedly collecting money from unsuspecting applicants for the programme’s ongoing scholarship application process for the 2025/2026 academic session to desist from such an act.

He gave the warning on Wednesday at the opening ceremony of the third batch of the three-day strategic Leadership, Alternative Dispute Resolution and Mediation Training organised by the PAP for its stakeholders in collaboration with the Nigerian Army Resource Centre, Abuja.

According to a statement issued by Mr Igoniko Oduma, his
Special Assistant on Media, Otuaro, who said “information at his disposal indicated that some unscrupulous characters were allegedly collecting money from the parents and guardians of potential scholarship beneficiaries with all kinds of assurances,” declared that the PAP scholarship application process for undergraduate and post-graduate programmes is free and money exchange for services was not allowed.

The PAP boss, while stressing that anybody caught trying to divert the laudable project for extortionist activities would be dealt with, also urged potential beneficiaries to resist payment of any amount of money to anybody for the scholarship.

Otuaro urged those qualified to apply through PAP portal and await the response of the office assuring that the process would be fairly carried out.

He described the alleged dishonest act as regrettable and unacceptable as it taints the integrity of the scholarship application process.

The PAP boss stressed that the scholarship scheme was designed to increase the Niger Delta youths’ access to higher education and enhance human capital development in the area.

Otuaro restated his resolve to ensure a transparent process in the management of the scholarship and ensure that the purpose of the scheme is not derailed by unscrupulous individuals.

He assured that the PAP would not allow anyone to compromise the integrity of the scholarship application process.

He said, “I have received reports alleging some stakeholders collect money from applicants, parents and guardians with fake promises concerning the ongoing scholarship application process for the 2025/2026 academic year.

“For the avoidance of doubt, the scholarship application process is free. No one should collect money from anybody; nobody should encourage someone to collect or give money to anybody for the scholarship exercise. It is free.

“The scholarship programme is a deliberate scheme for our people for a better tomorrow, it is not for our today. My leadership is committed to ensuring transparency and accountability even in the management of the scholarship award process.

“Those engaged in the alleged bad act should stop because I will not allow anyone to compromise the integrity of the application process. I urge all stakeholders to help discourage the collection of money for the scholarship.

“We will take drastic steps against any one attempting to divert the opportunity of the scheme to swindle innocent people.”

Otuaro told the participants that the workshop was aimed at deepening their understanding of issues around the theme, and equip them to perform their leadership role better as PAP’s peace ambassadors around their communities and indeed the Niger Delta.

“You are, in fact, also peace ambassadors of His Excellency, President Bola Tinubu, GCFR. Therefore, you are expected to deploy the knowledge you would gain from this training to strengthen the ongoing peacebuilding process of PAP because the development of the region is in the priority agenda of the President,” he said.

The PAP boss, while declaring the workshop open, urged the participants to take the entire exercise seriously in order for the objectives to be achieved in the interest of the region’s peace, stability and development based on the President’s Renewed Hope Agenda.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 hours 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

5 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

7 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.