Foreign Donor Nations Pledge $1.8 Billion to Ease Sudan’s Economic Crisis
Foreign Donor Nations Pledge $1.8 billion to Ease Sudan Economic Crisis
Foreign donor nations pledged $1.8 billion at a conference hosted by Germany to help Sudan ease an economic crisis hampering its transition towards democracy after the fall of Omar al-Bashir.
The European Union pledged 312 million euros ($350.13 million), the United States $356.2 million, Germany 150 million euros, France 100 million euros, and Britain £150 million for humanitarian and development programmes, chief among them planned cash transfers to poor families with the help of the World Bank, officials said at the online event.
According to the Report, Saudi Arabia donated only $10 million since it has given Sudan $500 million over the past year. The United Arab Emirates donated $50 million.
The two Gulf countries had promised a grant to Sudan of $3 billion in the form of cash and commodities after the military ousted Bashir in April 2019, but it is unclear how much has reached the country in total.
China and Spain were among countries offering to assist Sudan with relieving its debt, which stands at about $56 billion.
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Nasarawa State Deputy Governor, Dr Emmanuel Akabe Empowers 330 vulnerable women with the sum of N3.3 million
By Gistflash News
Sept 19, 2021
Nasarawa State Deputy Governor, Dr Emmanuel Akabe, has empowered 330 vulnerable women in the state with the sum of N3.3 million to improve on their livelihood.
The beneficiaries who got N10,000 each are mostly widows drawn from Doma, Lafia and Obi Local Government Areas (LGAs) of the state.
Akabe, while disbursing the funds to the beneficiaries on Sunday in Obi Local Government Area, said the gesture was to enable them to start petty businesses to support their families and sponsor their children in school.
He said that the selected beneficiaries were those already into petty businesses with a view of assisting them to grow.
Akabe said the gesture was in furtherance of Governor Abdullahi Sule-led administration’s commitment to bring women and youth out of poverty.
“I will monitor to ensure that all of you use the money judiciously in growing your businesses.
“If I discover that you use it well, next year I will give all those who do well more support to grow their businesses,” Akabe said.
He said that the gesture would soon be replicated in Keana and Awe LGAs, all in Nassarawa South senatorial zone.
“I have the phone numbers of all the beneficiaries, therefore, I will be calling them regularly to know how they are doing,” he said.
Also speaking at the event, Hajiya Sahadatu Yahaya, and All Progressives Congress (APC) stakeholder in the area commended the deputy governor for the gesture.
Hajiya Yahaya who is a former Chairman of Obi LGA, said the gesture was novel from a sitting deputy governor and urged the beneficiaries not to betray the trust by ensuring judicious use of the money.
Hauwa Dantsoho, who expressed gratitude to the deputy governor on behalf of the beneficiaries, assured that they would use the funds judiciously.
Abraham Chukwudi Nneji Foundation holds scholarship exam for indigent students in Enugu
A non-governmental organisation, Dr. Abraham Chukwudi Nneji Foundation has announced scholarship opportunity for indigent students in Enugu
to study in any higher institution of their choice.
A statement issued by the foundation indicates that the offer comes with full scholarship.
According to the Foundation, beneficiaries will be selected after a screening test which will be conducted online through https://cedinitiative.org/apply/.
The statement disclosed that the examination will hold from the 1st to 8th of October 2021.
According to the statement, over 10,000 secondary school students have already been provided with resources for the scholarship examination and will be joined by other interested secondary school leavers in the online examination which will be hosted by CED Initiative and will last for 45 minutes.
Dr. Abraham Chukwudi Nneji Foundation advised interested indigent students who wish to participate in the scholarship examination to download the study materials from https://cedinitiative.org/careerguide/
Interested participants are equally directed to contact 09023353080 in case of any inquiries.
The statement reads;
“Dr. Abraham Chukwudi Nneji Foundation will be offering indigent but bright children of Enugu State the opportunity to study in the university/ polytechnic with a full scholarship. The over 10,000 secondary school pupils who have been provided with resources for the scholarship exam will be joined by other interested secondary school leavers in an online exam that will be hosted by CEDInitiative”.
Date: 1st – 8th October, 2021
“Please note that the study material for the scholarship is available for free download by clicking on the link: https://cedinitiative.org/careerguide/”
For further inquiries, contact 09023353080
Signed: Dr. Abraham Chukwudi Nneji Foundation.
Lagos govt set to ease home ownership
By Gistflash News
July 16, 2021
Lagos State Government says it is upscaling its housing delivery performance and subsidising the cost of the homes to reduce the barrier to home ownership in the state.
Lagos State Commissioner for Housing, Mr Moruf Akinderu-Fatai, made this known on Friday in a statement signed by Mrs Adeola Salako, Spokesperson of the ministry.
The commissioner said this was a response to the growing gap in housing demand in relation to the available accommodation in the state.
Akinderu-Fatai said the government was committed to the provision of affordable mass housing units in spite of the increasing cost of building materials occasioned by the current inflationary trend.
He said that Gov. Babajide Sanwo-Olu had directed that cost of homes built by the state should be lower than the market price to make home ownership easier for the people.
Akinderu-Fatai said that the government was pursuing the agenda of housing provision with increased vigour to ensure that more homes are available for residents before the end of the year.
“We are engaging multinationals along with other Ministries, Departments and Agencies to build and support the financing of buildings in the state.
“This is the viable option, given the fact that land is a limited resource in the state,” he said.
He said with population upsurge, meaningful impact could be achieved through space maximisation by the construction of high-rise buildings where progress was being recorded.
According to him, the state’s housing schemes, located in Odo-Onosa Ayandelu, Agbowa, Sangotedo Phase 1, Gbagada and Omole Phase 1, will be delivered soon.
The commissioner explained that the projects were being financed through direct budgetary allocation for the benefit of low and middle-income earners to come on the home ownership ladder.
He said this would be accomplished through a convenient mortgage system where homes shall be allocated through the Rent-to-Home Scheme and whereby the tenure of payment would be 120 months.
Akinderu-Fatai said that an initial payment of five per cent of the value of the homes by the allottees was required before spreading the balance.
He listed other schemes that were being constructed through direct budgetary allocation to include Egan-Igando, LASU, Ita-Marun in Epe and Ajara.
The commissioner said though these schemes were inherited from previous administrations, the government was committed to speedy delivery in line with the THEMES agenda.
“Housing provision is pivotal to the transformation of the lives of the people,” Akinderu-Fatai said.
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June 27, 2020 at 8:09 am
Only economic development can save the economy of Sudan.
June 28, 2020 at 4:08 pm
yeah, you are very correct!! I believe with this foreign donors, Sudan’s economic development will kick-start