National News
Federal Ministry of Youth and Sports Development Debunks false allegations
Federal Ministry of Youth and Sports Development Debunks false allegations
The FMYSD on Tuesday said its attention was drawn to a mischievous and ignorant allegation made by a discredited and self-acclaimed President of the National Youth Council of Nigeria (NYCN), which was circulated, syndicated and reported by some newspapers on the alleged misappropriation of 75billion Naira Nigeria Youth Investment fund (NYIF) with no effort made to ascertain the facts.
The Ministry said there is no N75B released.
The Ministry states that: “ Approval for NYIF was for 25B per annum for 3 years. 2021 is the first year and only 3B has been released and less than N2 billion disbursed as part of the ongoing process. Over 5,200 youth have benefited. The disbursement was handled solely by CBN and NIRSAL. Not a kobo was released to the account of the Federal Ministry of Youth and Sports.
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“Names of the 5,200 beneficiaries can be found on the official website of the Ministry of Youth and Sports Development as published In June 2021. The names were also published in the Nation newspapers of June 21, 2021.
“For the records, approval for NYIF was for N25 billion annually for 3 years, amounting to N75 billion. 2021 is the first year and less than N3 billion has been released.
“Under this first phase disbursed by the NIRSAL Microfinance Bank, 5,285 beneficiaries got soft loans with a total value of N1,661,370,000.00. The amount represents 55.38% of the N3 billion provided by the Central Bank of Nigeria (CBN) for the first phase.
“The total number of undisbursed and unqualified applicants for the phase stood at 769 valued at N599,485,000.00. Of these numbers, 322 are yet to accept the loan offer, 26 failed NUBAN 149 failed payment, one (1) applicant rejected the loan offer and 587 are yet to apply for the loan via the NMFB loan application portal.
“The Ministry had transparently declared that some applicants were not qualified for loan disbursement because they did not provide valid or correct contact details for communication on further steps in their application; applicant has existing AGSMEIS or COVID-19 Loan and that an applicant is older than 35 years old, which puts them beyond the age bracket for youth.
“Other reasons are that the applicant has a poor credit rating or currently has a non-performing loan, applicant failed to provide a valid BVN and provided incomplete or incorrect BVN. This information is in the public domain.
“Beneficiaries and applicants have been consistently reminded that the Nigeria Youth Investment Fund (NYIF) disburses repayable loans to the youth and not grants.
“It is unfortunate that the 36-year so-called Solomon Adodo ignored the well-publicized information about the NYIF and opted to mislead the media organizations that published his lies. The period during which he was remanded in Suleja Correctional Centre for impersonating the NYCN President was not prolonged enough for him to have missed the publication of these facts.”
Federal Ministry of Youth and Sports Development Debunks false allegations
ISWAP Terrorists Kill Hunters’ Leader in Borno
By: Zagazola Makama
Suspected ISWAP terrorists have killed the chairman of the hunters’ group in Garjang village, Damboa Local Government Area of Borno State.
Sources told Zagazola Makama that the incident occurred at about 5 a.m. on Sunday.
The victim, identified as Habu Dala, 53, was abducted from his home by the terrorists, who took him through Mulharam to Forfot villages in Damboa LGA.
Villagers mobilised in search of Dala and later found his corpse bearing gunshot wounds.
Troops of Operation HADIN KAI, members of the Civilian Joint Task Force (CJTF), and the hunters’ group visited the scene.
The remains were evacuated to the General Hospital, Damboa, where he was certified dead and later released to his family for burial in accordance with Islamic rites.
ISWAP Terrorists Kill Hunters’ Leader in Borno
Nine Injured in Kwali Farmers–Herders Clash
By: Zagazola Makama
Nine persons sustained machete injuries in a clash between Bassa farmers and Fulani herders in Gomoni Village, Kwali Area Council of the FCT.
Sources told Zagazola Makama that the fight, which broke out on Aug. 9 at about 3:30 p.m., followed alleged destruction of melon and maize farms belonging to the Bassa community by cattle.
It was gathered that the Nigeria army troops
along with joint team of operatives, and vigilantes were deployed to the scene following a distress call.
Six Bassa and three Fulani victims with varying degrees of machete cuts were taken to Rhema Foundation Hospital, Kwali, for treatment.
Authorities confirmed that the situation had been brought under control and normalcy restored, while investigation was ongoing.
Nine Injured in Kwali Farmers–Herders Clash
National News
VP Shettima Attends Wedding Fatiha Of Aisha Shehu Aliyu and Muhammad Jalal Babangida Aliyu
VP Shettima Attends Wedding Fatiha Of Aisha Shehu Aliyu and Muhammad Jalal Babangida Aliyu
By: Our Reporter
Vice President Kashim Shettima on Saturday attended the wedding fatiha of Aisha, daughter of Shehu Aliyu, an Executive Director with First Bank of Nigeria, and Muhammad Jalal, son of former Niger State Governor, Dr. Mu’azu Babangida Aliyu, Talban Minna, at the National Mosque, Abuja.
The solemnisation, led by the Chief Imam of the National Mosque, Dr. Muhammad Kabir Adam, alongside other Imams, featured prayers for the couple’s blessings.
Vice President Shettima stood in for the bride, while Dr. Mu’azu Babangida Aliyu represented the groom, culminating in the presentation of the dowry and the formal tying of the marital knot.
The event was graced by prominent dignitaries, including former Vice President Namadi Sambo, former Jigawa State Governor Sule Lamido, Minister of State for Agriculture and Food Security Senator Aliyu Sabi Abdullahi, former Kaduna State Governor Ahmed Makarfi, former Minister of Special Duties Kabiru Turaki, Katsina State Deputy Governor Faruk Lawal Jobe, the Emir of Borgu, Niger State, Muhammad Sani Dantoro among many others.
VP Shettima Attends Wedding Fatiha Of Aisha Shehu Aliyu and Muhammad Jalal Babangida Aliyu
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