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FG Launches GEEP 2.0 Plans To Lift 100M Nigerians Out Of Poverty

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Muhammadu Buhari

The Federal Government of Nigeria on Tuesday in Abuja inaugurated the restructured Government Enterprise and Empowerment Programme (GEEP) now known as GEEP 2.0. to lift 100 million Nigerians out of poverty.

Hajiya Sadiya Umar Farouq, the Minister of Humanitarian Affairs, Disaster Management and Social Development, speaking during the inauguration said the programme was a veritable tool designed to end poverty in many ways.

She said that GEEP was one of the components of the National Social Investment Programme (NSIP).

According to her, the initial GEEP targets the unbanked poor and vulnerable but skilled population that has always been left out on credit delivery programmes and is directed at providing soft and affordable loans to finance their businesses.

“The GEEP is innovatively targeted and delivered under three unique products – the TraderMoni for marginalised youths, The MarketMoni targets vulnerable women, and the FarmerMoni specifically focuses on rural farmers.

“With President Muhammdu Buhari’s gracious approval of expansion to provide loans to an additional one million beneficiaries with emphasis to targeting smallholder farmers in the year 2020/2021, the GEEP has been restructured and is being flagged-off today as GEEP 2.0.

“The GEEP 2.0 is structured to effectively deliver soft loans and skills to a wide range of unemployed citizens including persons living with disability, marginalised women and unemployed youths amongst other vulnerable groups in our society.

“I wish to state here that the GEEP 2.0 is well-coordinated and has an implementation model that accommodates representation at the Federal, State and Local Government levels,” Farouq said.

Farouq said that part of the new strategies include an increase in the loan portfolio of TraderMon/ and Market Moni loans from N10, 000 to N50,000, while the FarmerMoni is now N300,000.

“There is also the provision of the value chain and creation of digital marketplace (E-platform) for beneficiaries to sell their products.

“In addition, there is a digital integration and coordination platform along with a strong and centralised monitoring and evaluation system aimed at enhancing loans recovery.’’

Speaking, the Minister of Youths and Sports, Mr Sunday Dare who also represented the Secretary to the Government of the Federation, Mr Boss Mustapha said he was delighted at the inauguration of the GEEP 2.0.

Dare said whenever he saw other ministries that helped in reducing the burden of youths unemployment from his ministry, he was happy, adding that youths were the biggest beneficiaries of NSIP.

Similarly, Mr Clem Agba, the State Minister of Financial, Budget and National Planning said his ministry had been at the forefront of ensuring human dignity and protecting households from poverty.

Meanwhile, the Minister of Women Affairs, Mrs Pauline Tallen said women and youths were always affected by humanitarian crisis and poverty.

Tallen said that the GEEP 2.0 would now help the poor and marginalised women and youths who did not have collateral to secure loans.

Also, the Minister of State for Education, Mr Chukwuemeka Nwajiuba said that the inauguration of the GEEP 2.0 was an indication to show that President Buhari meant it when he said he wanted to lift 100 million Nigerians out of poverty in 10 years.

“It is evident that as we collaborate and corporate with all hands on deck, we shall achieve the ultimate objectives of the programme.”

Dr Garba Abari, the Director-General, National Orientation Agency (NOA) said the agency would work with state programme managers and focal persons toward the success of the NSIP.

Meanwhile, the Team Lead of the GEEP 2.0, Ms Zainab Musawa said that intended beneficiaries would be effectively supervised and monitored by desk officers in all 774 local government areas, state programme managers and the ministry in partnership with NOA.

“Essentially, GEEP 2.0 is a continuation of the Buhari administration’s laudable empowerment drive committed to the upliftment of oppressed Nigerians and we hope the programme will engender job creation.”

Ms Hadiza Hambuza, a representative of Access Bank Plc said the bank would work with the beneficiaries to achieve the objectives of the programme.

The event attracted officials from Presidency, National Assembly, NEMA, EFCC, FCTA Disability Commission among others.

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EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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Yahaya Bello

The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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NIMC enrolment

Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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Israeli President Declares Iran’s Actions a ‘Declaration of War’

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Israel Gaza

Israeli President Isaac Herzog has characterized the recent series of attacks from Iran as nothing short of a “declaration of war” against the State of Israel.

This proclamation comes amidst escalating tensions between the two nations, with Iran’s aggressive actions prompting serious concerns within Israel and the international community.

The sequence of events leading to Herzog’s grave assessment began with a barrage of 300 ballistic missiles and drones launched by Iran towards Israel over the weekend.

While the Israeli defense forces managed to intercept a significant portion of these projectiles, the sheer scale of the assault sent shockwaves through the region.

President Herzog’s assertion of war was underscored by Israel’s careful consideration of its response options and ongoing discussions with its global partners.

The gravity of the situation prompted the convening of the G7, where member nations reaffirmed their commitment to Israel’s security, recognizing the severity of Iran’s actions.

However, the United States, a key ally of Israel, took a nuanced stance. President Joe Biden conveyed to Israeli Prime Minister Benjamin Netanyahu that, given the limited casualties and damage resulting from the attacks, the US would not support retaliatory strikes against Iran.

This position, though strategic, reflects a delicate balancing act in maintaining stability in the volatile Middle East region.

Meanwhile, Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Hossein Amir-Abdollahian cautioned against further escalation, emphasizing the potential for heightened tensions and provocative acts to exacerbate the situation.

In response to the escalating crisis, the Nigerian government issued a call for restraint, urging both Iran and Israel to prioritize peaceful resolution and diplomatic efforts to ease tensions.

This appeal reflects the broader international consensus on the need to prevent further escalation and mitigate the risk of a wider conflict in the Middle East.

As Israel grapples with the implications of Iran’s aggressive actions and weighs its response options, President Herzog reiterated Israel’s commitment to peace while emphasizing the need to defend its people.

Despite calls for restraint from global allies, Israel remains vigilant in safeguarding its security amidst the growing threat posed by Iran’s belligerent behavior.

The coming days are likely to be critical as Israel navigates the complexities of its response while international efforts intensify to defuse the escalating tensions between Iran and Israel.

The specter of war looms large, underscoring the urgency of diplomatic engagement and concerted efforts to prevent further escalation in the region.

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