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President-Elect Joe Biden to name Nigerian-American ADEWALE ADEYEMO as Deputy Treasury Secretary

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Adewale Adeyemo
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President-Elect Joe Biden to name Nigerian-American ADEWALE ADEYEMO as Deputy Treasury Secretary ( Deputy Minister of Finance of the United States of America)

Adewale “Wally” Adeyemo, a Nigerian-born attorney and former senior international economic adviser during the Obama administration, will serve as deputy Treasury secretary under former Federal Reserve Chair Janet Yellen, who Biden plans to appoint to lead the Treasury Department.

Adewale Adeyemo is currently the President of the Obama Foundation.

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He previously served as the first Deputy National Security Advisor for International Economics from 2015-2016, and Deputy Director of the National Economic Council.
He is 39 years old.

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This will be the HIGHEST LEVEL a Nigerian-American has reached in the USA Government in the 244 years history of the United States of America.

Wally Adeyemo has spent his career working with organizations that are at the intersection of public policy, the private sector, and nonprofits that are focused on creating economic opportunity.

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Inspiration

Nasarawa State Deputy Governor, Dr Emmanuel Akabe Empowers 330 vulnerable women with the sum of N3.3 million

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Nasarawa State Deputy Governor, Dr Emmanuel Akabe Empowers 330 vulnerable women with the sum of N3.3 million
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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.

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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.

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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.

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“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.

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Hauwa Dantsoho, who expressed gratitude to the deputy governor on behalf of the beneficiaries, assured that they would use the funds judiciously.

NAN

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Education

Abraham Chukwudi Nneji Foundation holds scholarship exam for indigent students in Enugu

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Abraham Chukwudi Nneji Foundation holds scholarship exam for indigent students in Enugu
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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/

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Interested participants are equally directed to contact 09023353080 in case of any inquiries.

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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
Duration: 45mins
Venue: https://cedinitiative.org/apply/

“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.

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Lagos govt set to ease home ownership

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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.

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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.

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“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.

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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.

NAN

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