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Job Creation: FG, International donors to raise $200m for MSMEs

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Jobs: FG, International donors to raise $200m for MSMEs
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The Federal Government in collaboration with International Philanthropic organisations have partner to raise 200 million dollars to create jobs and support the Micro, Small and Medium Enterprises (MSMEs) space.

Mr Temitola Adekunle-Johnson, Senior Special Assistant to the President on MSMEs and Job Creation, Office of the Vice President, made this known in a statement on Sunday in Abuja.

Adekunle-Johnson said that the funds raised would be invested in key programmes and projects that would create opportunities for employment across different target sectors and facilitate growth in the MSMEs space.

” Furtherance to this, the presidency has established the first ever Nigeria Philanthropy Office (NPO) – a private sector-led coordinating office domiciled in the Office of the Vice President.

” The office will facilitate this high level philanthropic support and impact investing for Micro, Small and Medium Enterprises (MSMEs) for targeted sectors that have high job creation potential.

“The mandate of the new office aligns with the job creation vision of President Bola Tinubu and the administration’s ongoing work in the MSME space. “

Adekunle-Johnson also said the office will contribute towards achieving the Federal Government’s job creation goals by working with donors, impact investors, financial institutions, and foundations.

” This will enable them to catalyse key interventions with potential for employing many Nigerians.

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” The office will specifically focus on providing catalytic and non-catalytic support for existing and new entrepreneurs in the following sectors:

” Fashion entrepreneurs, irrigation Solution, Solar Panel Facilities, Agro Processing, Mechanised Industrial Facilities, Furniture entrepreneurs, Sustainable Agribusinesses, Renewable energy solutions.”

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Adekunle-Johnson added the office would support the establishment of 12 Mega Hubs and shared office spaces across the country.

He disclosed that the Vice President Kashim Shettima has appointed an implementation committee for the office.

” The committee consist of local and international philanthropic and impact investing organisations, financial institutions and the Bank of Industry (BOI), NEXIM Bank, Wema Bank, Access Bank and the Nigeria Content Development Monitoring Board.”

He said that Ms Thelma Ekiyor-Solanke will serve as the Chairperson of NPO and the implementation committee.

He added that Ekiyor-Solanke has over 23 years experience working in the international development, philanthropy and impact investment sectors.

” She is the current Chairperson of SME.NG. She is a member of Nigeria’s National Advisory Board on Impact Investing (NABII) and the Chairperson of the Centre for Analytics and Behavioural Change (CABC) in South Africa.

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” Ekiyor-Solanke has a law degree from the University of Buckingham, an MBA from Imperial College London and is currently completing a Doctorate at Cranfield University, UK. ”

Adekunle-Johnson revealed that the secretariat for the Committee would be coordinated by the Senior Special Assistant to the President on MSMEs and Job Creation. (NAN)

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Baltasar Engonga: Wife of Equatorial Guinea ANIF boss sextape with another man leaked

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Baltasar Ebang Engonga and his wife
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Wife of the sacked Director General of Equatorial Guinea’s National Financial Investigation Agency, ANIF, Baltasar Ebang Engonga, has been caught in extra-marital affairs.

Video footage emerged of Engonga’s wife having an intimacy with another man.

This was disclosed by popular social critic, Martins Ortse aka VeryDarkMan via an Instagram post on Saturday.

Sharing pictures of the Engonga’s wife from the video footage, VeryDarkMan said: “Just when I thought it was all over about this Equatorial Guinea man, the whole thing is getting more interesting. I just saw a video of his wife and another man, if you watch this video; it’s crazy. If you see how another man was na*cking his wife.”

Engonga was recently caught with about 400 sex tapes with several women during an investigation into a fraud case.

The leaked videos have continued to generate controversy via the social media space.

Reacting, First Lady Constancia Mangue Obiang expressed outrage over the scandal during a meeting with Prime Minister Manuel Osa Nsue.

Mrs Obiang called for immediate government intervention to uphold the dignity of Equatoguinean women and protect their privacy in the digital age.

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Following the discovery, Engonga was relieved of his duty and subsequently arrested. He was remanded in prison on Friday.

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Three police officers arrested for torturing student to death in Kwara

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Policeman kills bizman in Abia over bribe
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Three police officers, who allegedly beat a student of the Kwara State University (KWASU), Malete, Suleiman Olayinka to death at Tanke Bridge in Ilorin, the state capital, have been arrested and detained.

The spokesperson of the state police command, DSP Ejire Adeyemi Toun, disclosed this in a statement in Ilorin on Friday.

Reports said that the incident occurred on Tuesday around 2 p.m. when the victim got off a motorcycle and was approached by three officers who then dragged him to the ground.

An eyewitness claimed that the victim had arrived to collect N1,000 he had already transferred to a Point of Sale (POS) operator, intending to give the money to the rider who brought him.

“I was with him, as soon as he got the money, the officers came out of a tricycle and dragged him to the ground. The victim kept asking what offence he had committed, but they didn’t let him speak,” the source said.

The witness further explained that the victim pleaded with the officers, informing them that he was asthmatic, but they ignored his pleas.

In a reaction on Friday, the spokesperson said, “the Kwara State police command is aware of this unfortunate incident which led to the sudden death of Suleiman Olayinka (M) 27yrs.

“A complaint of cheating and criminal breach of trust was reported against the deceased. Police detectives were immediately detailed to investigate the case.

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“Meanwhile the officers involved in the incident have been identified, arrested and detained for further investigations as regards the death of the suspect.

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“Further updates will be provided promptly as investigations unfold,” the statement added.

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400 sex tapes: Equatorial Guinea’s Baltasar remanded in prison

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Baltasar Engonga
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The former Director-General of the National Financial Investigation Agency in Equatorial Guinea, Baltasar Engonga, has been remanded in Malabo’s Black Beach Prison, Saturday PUNCH has reported.

The embattled former anti-graft chief was arrested days ago for allegedly recording over 400 sex tapes involving the wives of prominent figures in the country.

This scandal surfaced during a fraud investigation into the 54-year-old economist, resulting in an impromptu search of his home and office by ANIF officials, who reportedly discovered several CDs that revealed his sexual encounters with different married women.

As the footage leaked online, causing a media uproar, Equatorial Guinea’s President, Obiang Nguema Mbasogo, dismissed Engonga.

According to Decree No. 118/2024, dated 4th November, the dismissal was due to “irregularities committed in the exercise of his functions, as well as inappropriate family and social conduct for the performance of public duties.”

A viral video surfaced on social media on Friday, showing Engonga handcuffed on both hands and legs during a court appearance.

Confirming the situation, French online blog Afrikmatin reported that Engonga, who was officially removed from his role on November 6, 2024, was subsequently chained and transferred to Malabo Central Prison.

He faces charges of corruption and embezzlement.

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Additionally, online newspaper UGStandard reported that the sex tapes began circulating on social networks while Engonga was already held at Malabo’s notorious Black Beach Prison on charges of embezzling public funds, as reported by state television, TVGE.

In a fact-checking report published Wednesday, Dubawa verified that Engonga had indeed been taken into custody on corruption charges and is currently being held in Black Beach Prison.

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