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Chamber of Commerce, NDDC release N1.5 bn to boost businesses in Niger Delta

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NDDC Managing Director, Dr Samuel Ogbuku

 

By Magnus Chukwudi Port Harcourt

 

The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA, backed by the Niger Delta Development Commission, NDDC, has released cheques worth N1.5 billion to 1,500 people to boost businesses in the Niger Delta region.

 

Speaking during the flag off of anInvestments Partnership Scheme in Port Harcourt, the Chairman of NDCCITMA, Ambassador Idaere Gogo-Ogan, said the fund represents the first phase of disbursement to empower beneficiaries in the region.

 

He noted that the nano group of beneficiaries, the poorest of the poor, would receive 200,000 naira each, while the micro, small-scale and medium-scale categories of the scheme would receive N3 million, N7 million, and N20 million, respectively, to boost their investments.

 

He stated: ” Our core mandate is to strive to reduce poverty in the region. We are optimistic that our partnership with a strong institution like NDDC will enable us to reach the poorest of the poor, small-scale businesses, and lift over 2,000 people in the region out of poverty.

 

We believe that robust development comes not only from the top but also from the bottom. So, when you aggregate all the categories, you can begin to see the gains of genuine economic prosperity.”

 

Gogo-Ogan added that the beneficiaries will have the advantage of paying a low interest rate of 0.6 per cent, noting that it would enable the Chambers to reach out to more people in the region.

 

He assured the beneficiaries of the investment scheme that the Chambers of Commerce would adopt a mentorship approach, providing financial support and promotions to their businesses to enable them to compete favourably with other regions in the country.

 

Also speaking at the occasion, the NDDC Director of Commercial and Industrial Development and Chairman of the Implementation Committee, Mrs. Lyna Okara, commended the leadership of the NDDC for establishing a body that would bring together those with the vision to grow businesses.

 

She maintained that the flag-off of the investment partnership scheme was timely and an indication that the region was on the path of rapid development. She enjoined the people of the Niger Delta region to take advantage of the scheme to develop and enlarge their businesses.

 

A Representative of the Small and Medium Scale Enterprises, SMEDAN, Mrs. Olalek Rasheed, urged entrepreneurs to ensure proper documentation to enable them to access the funds. She also advised against diverting the funds to other non-economic activities. ###.

General News

OBYC Worldwide fault Ineife led IYC over planned protest against Bayelsà Industrialist. ….urges IYC to respect for Court Process

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By David Owei,Bayelsa

The Ogbia Brotherhood Youth Council (OBYC) Worldwide has condemned the planned protest over the legal dispute involving Azikel Group President, Dr. Azibapu Godbless Eruani, CFR, and Mr. Kariyai Daukoru, describing the action as unnecessary while the matter remains before a competent court.

OBYC, in a statement issued on Saturday and made available to newsmen, urged Ijaw Youth Council (IYC) Central Zone Chairman, Comrade Peres Ineife, to suspend the proposed protest and allow the judicial process to run its course.

It also appealed to the newly elected IYC Worldwide President, Dr. Doubra Collins Okotete, to promote dialogue and reconciliation among the parties involved in the Aviation Training initiative.

OBYC maintained that Dr. Eruani’s aviation training initiative was a philanthropic programme designed to empower Bayelsa youths and rejected allegations that he intended to victimise anyone.

The Council further called on Ijaw youths, political leaders and stakeholders to exercise restraint, respect the rule of law, and avoid actions capable of undermining the judiciary or disrupting peace.

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General News

OBYC Worldwide fault Ineife led IYC over planned protest against Bayelsà Industrialist. ….urges IYC to respect for Court Process The Ogbia Brotherhood Youth Council (OBYC) Worldwide has condemned the planned protest over the legal dispute involving Azikel Group President, Dr. Azibapu Godbless Eruani, CFR, and Mr. Kariyai Daukoru, describing the action as unnecessary while the matter remains before a competent court. OBYC, in a statement issued on Saturday and made available to newsmen, urged Ijaw Youth Council (IYC) Central Zone Chairman, Comrade Peres Ineife, to suspend the proposed protest and allow the judicial process to run its course. It also appealed to the newly elected IYC Worldwide President, Dr. Doubra Collins Okotete, to promote dialogue and reconciliation among the parties involved in the Aviation Training initiative. OBYC maintained that Dr. Eruani’s aviation training initiative was a philanthropic programme designed to empower Bayelsa youths and rejected allegations that he intended to victimise anyone. The Council further called on Ijaw youths, political leaders and stakeholders to exercise restraint, respect the rule of law, and avoid actions capable of undermining the judiciary or disrupting peace.

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By

By David Owei,Bayelsa

The Ogbia Brotherhood Youth Council (OBYC) Worldwide has condemned the planned protest over the legal dispute involving Azikel Group President, Dr. Azibapu Godbless Eruani, CFR, and Mr. Kariyai Daukoru, describing the action as unnecessary while the matter remains before a competent court.

OBYC, in a statement issued on Saturday and made available to newsmen, urged Ijaw Youth Council (IYC) Central Zone Chairman, Comrade Peres Ineife, to suspend the proposed protest and allow the judicial process to run its course.

It also appealed to the newly elected IYC Worldwide President, Dr. Doubra Collins Okotete, to promote dialogue and reconciliation among the parties involved in the Aviation Training initiative.

OBYC maintained that Dr. Eruani’s aviation training initiative was a philanthropic programme designed to empower Bayelsa youths and rejected allegations that he intended to victimise anyone.

The Council further called on Ijaw youths, political leaders and stakeholders to exercise restraint, respect the rule of law, and avoid actions capable of undermining the judiciary or disrupting peace.

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General News

Two Fishermen Fear Dead ln Bayelsa Ocean

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Gov Douye Diri of Bayelsa State

By David Owei,Bayelsa

Two fishermen have been declared missing after their boat capsized off the coast of Opu-Okumbiri in Brass Local Government Area of Bayelsa State.

It was gathered that the missing fishermen were identified as Elder Sunday Sample Timothy and his assistant, Mr. Avarada.

According to a source, Chief Saturday Akimi-Omunhuo, a community leader, the two men left for a fishing expedition at about 1:00 a.m. on Friday when the outboard engine of their fishing boat reportedly developed a fault while they were far out at sea.

Chief Akimi-Omunhuo said a rescue boat towed the disabled vessel toward the continental shelf and the Atlantic coastline. However, as they approached the shore, strong waves reportedly capsized the faulty boat, throwing the two fishermen into the water.

He narrated that the rescue boat and those aboard reached the shore safely, but the two fishermen have remained missing.

Community members were said to immediately launch a search operation along the coastline and surrounding waters. The search team later recovered the fishermen’s fishing gear, but there was no sign of the missing men as of the time of filing this report.

Chief Akimi-Omunhuo described the incident as tragic, noting that similar accidents have occurred over the years in the coastal communities.

He appealed to the Brass Local Government Council, the Bayelsa State Government, the Federal Government and relevant stakeholders to provide improved safety equipment, weather monitoring systems and other support for fishing communities whose livelihoods depend on the sea.

“Our people depend on fishing for survival. We need better safety measures to reduce the loss of lives on our waterways,” he said.

Search efforts for the two missing fishermen were still ongoing at the time of this report.

Authorities were yet to issue an official statement on the incident.

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