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CBN Releases N756bn to over 3m Farmers to Boost Food Security

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The Central Bank of Nigeria (CBN), says it has released the sum of N756.51 billion to 3,734,938 small holder farmers, cultivating 4.6 million hectares of land, to boost the Federal Government’s food security initiative.

Mr Godwin Emefiele, the CBN Governor, made this known while presenting a communiqué from the bank’s recently held, 280th meeting of its Monetary Policy Committee (MPC).

Emefiele said that N120.

24 billion of the sum was extended for the 2021 wet season to 627,051 farmers for 847,484 hectares of land, under the Anchor Borrowers’ Programme (ABP).

“The sum of N121.57 billion was disbursed to 32,617 beneficiaries.

“For the Targeted Credit Facility (TCF), N318.17 billion was released to 679,422 beneficiaries, comprising 572,189 households and 107,233 Small and Medium Scale Enterprises (SMEs),’’ he said.

Emefiele revealed that the apex bank also expended huge sums in its youth investment scheme, to empower Nigerian youths, and to reduce unemployment by providing to the creative sector and Information Technology.

“Under the National Youth Investment Fund (NYIF), the Bank released N3.0 billion to 7,057 beneficiaries, of which 4,411 were individuals and 2,646 SMEs.

“Under the Creative Industry Financing Initiative (CIFI), N3.22 billion was disbursed to 356 5 beneficiaries across movie production, movie distribution, software development, fashion, and IT verticals,’’ he said.

The CBN Governor also revealed that the apex bank had invested close to N1trillion to boost the real sector of the economy, covering 251 real sector projects.

He said that the bank’s intervention also spanned health sector support initiatives and electricity distribution.

“Under the N1.0 trillion Real Sector Facility, the Bank released N923.41 billion to 251 real sector projects, of which 87 were in light manufacturing, 40 in agro-based industry, 32 in services and 11 in mining.

“On the N100 billion, Healthcare Sector Intervention Facility (HSIF), N98.41 billion was disbursed for 103 health care projects, of which, 26 are pharmaceuticals and 77 are in the hospital services.

“Similarly, the sum of N232.54 million was disbursed to five beneficiaries under the CBN Healthcare Sector Research and Development Intervention (Grant) Scheme (HSRDIS) for the development of testing kits and devices for COVID-19 and Lassa Fever.

“On the National Mass Metering Programme (NMMP), N36.04 billion was disbursed to 17 Meter Asset Providers to nine Distribution Companies (DisCos), for the procurement and installation of 657,562 electricity meters,’’ Emefiele said.  (NAN)

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Board Sanctions 118 Immigration, Civil Defence Officers

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The Board of NSCDC, Fire Service, Correctional, and Immigration Service, has approved the sanction of 118 personnel for various offences.

The Board Chairman, Dr Olubunmi Tunji-Ojo, made this known at the end of their meeting on Thursday in Abuja.

Tunji-Ojo, who is also the Minister of Interior, told newsmen through the board Secretary, Alhaji Ahmed Ja’afaru, that the erring officers were punished after facing disciplinary panels  for various offences.

“These offences range from misconduct, negligence of duty and outright absence from duty posts.

“In the Nigerian Correctional Service (NCOs), there were 48 cases of offences, in the Nigerian Immigration Service (NIS), there were 21 cases.

“Also, in the Federal Fire Service (FFS) there were 12 cases while in the Nigerian Security and Civil Defence Corps (NSCDC), there were 37 cases,“the minister said.

Tunji-Ojo added that the board has reviewed and approved new guidelines for appointments, promotions, discipline and general purpose in the services.

He said that the board also considered and approved the timeline for the conduct of the 2024 promotion exercise in the four services.

“The board considered and approved the review timeline for the conduct of the 2023/2024 fire service recruitment.

“As for the ongoing recruitment in the fire service, we hope to publish the names of the successful applicants latest by June 15. That is where we are for now.

“We also want to use this medium to warn the general public to ignore whatever they have been seeing or hearing in the social media space as they did not emanate from the board.

“This is because, we have come to realise that the social media world had been awashed with fake news telling applicants to come for screening exercise or pay certain amount of money.

“Let me put it emphatically that the board is not asking anyone to pay money for recruitment.“

He urged applicants to be patient, saying successful candidates will be notified to come for further screening through their emails and mobile lines. (NAN)

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NSCDC Inaugurates Female Strike Force to Secure FCT Schools

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The FCT Commandant of Nigeria Security and Civil Defence Corps (NSCDC), Mr Olusola Odumosu, has inaugurated the corps Female Strike Force to protect schools in the territory.

A statement by the command’s Public Relations Officer, Samuel Idoko, on Thursday in Abuja, said the inauguration followed the completion of a three day training for the personnel.

Odumosu said that the primary responsibility of the strike force was to ensure the safety of all schools in the territory.

He said that the training had equipped them with the needed skills and capabilities to carry out their duties.

According to him, the training is a follow up to the recent meeting of all FSF Unit Commanders with the Commandant General, Ahmed Audi.

Audi had charged them to be up and doing in view of the reported cases of kidnapping in some parts of the country.

“The training is imperative to ensure compliance with the CG’s directive on the mandate of securing schools for the safety of students and staff.

“Cases of abduction in schools must come to an end, that is the primary purpose of this training.

“We need to restore the confidence of the people in our ability to secure schools in the FCT,” the commandant said.

He therefore called on schools in the FCT to register with the National Safe School Response Coordination Centre, so that they could be added to the ecosystem.

Odumosu explained that the registration was free and meant to ensure better coordination and make responses to emergencies more quicker and efficient.

Odumosu assured that the training and retraining of the personnel would be held regularly to ensure prompt response to any security threat.

“We must make schools safe haven once again for children,” he added.

He charged the female strike force to conduct routine patrol and surveillance of schools to prevent threats and attacks.

He also enjoined the strike force to hold periodic security awareness and enlightenment talks for student and teachers.

Odumosu also directed the operatives to abide by the corps’ Standard Operational Procedure in discharging their duties and avoid over zealousness in the use of force or fire arms.(NAN)

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Tinubu Appoints Bello as new Chairman of CCB

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President Bola Tinubu has appointed Dr Abdullahi Usman Bello as the new Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate.

This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Thursday in Abuja.

Ngelale said that Bello was a consummate professional with more than 25 years of work experience in consulting, banking, law enforcement, financial services and academia.

He said that the President anticipated the new Chairman would lead the Bureau with utmost integrity toward the realization of its mandate of maintaining high standards of public morality in the conduct of government business.

Ngelale said Tinubu expected the new appointee to ensure that the actions and behaviour of public officers conform to the highest standards of morality and accountability.(NAN)

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