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COVID-19: Sanwo-Olu launches N5bn support capital for low-cost schools

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Lagos State Government in partnership with First Bank of Nigeria has launched N5 billion Post-Coronavirus (COVID-19) Recovery Support capital for the education sector to support low-cost private schools across the state in mitigating the negative impact of the pandemic.
The intervention fund, which targets over 2,000 private schools, was formally launched by Governor Babajide Sanwo-Olu on Friday at a ceremony held at the Banquet Hall in the State House, Alausa, Ikeja
Lagos State Employment Trust Fund (LSETF) collaborated with First Bank of Nigeria Limited to facilitate the matching fund, which will be given as a loan to schools and vocational education centres across the State.
Sanwo-Olu said the intervention was part of the State Government’s sustainable solutions to limit the socio-economic impact of the COVID-19 pandemic on both residents and businesses.
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As the State gradually unlocks socio-economic activities, following the impact of the pandemic, the governor said the loan programme would help the targeted beneficiaries accelerate recovery and give them the opportunity of a painless return to regular life.
He said: “It is no longer debatable that the education is one of the sectors that are severely impacted by the COVID-19 pandemic, with schools and vocational learning-centers shut since March when we took the tough decisions meant to disrupt the spread of the virus. Given the incidence of the closure of schools in response to the pandemic, it would not be out of context to note that the challenges presently faced by these schools would increase significantly.
“With access to low-cost funding for privately owned schools and vocational training centres in the state, we are confident that this programme will help accelerate sustainable and painless return to world-class learning and skills acquisition of our young population. As a responsible Government, we are obligated to provide the intervention that would enable learners in these schools’ study in line with the new normal.”
Sanwo-Olu said the N5 billion Education Loan Programme was a precursor to many more human development sector-specific support programmes that would be unveiled by the LSETF on behalf of the State Government next month.
The Governor explained that the intervention was necessary, given the importance of education to building human capital. He said his administration took education as critical building 21st-century economy and realising objectives set out in the T.H.E.M.E.S. agenda.
The beneficiaries, Sanwo-Olu said, will have access to single-digit loan facilities to fund the provision of the amenities and services needed to aid learning.
He said: “It is thus heart-warming to have First Bank of Nigeria electing to be our exemplary partner for this intervention. With their support, players in the education sector would be getting the financial support they need to boost learning at a single-digit interest rate.
“I also commend the Board of LSETF and the management for this significant accomplishment. They have helped the Lagos State Government build an institution that has engendered public trust and elevated the hope of small businesses and young people, irrespective of challenges faced.”
Chairperson, LSETF Board of Trustees, Mrs Bola Adesola, represented by Mrs. Tatiana Mousali-Nouri, said schools that have a minimum of 100 students and have been in operation for, at least, a year are the ones qualified for the loan facility.
She said: “We are confident that this intervention fund, which is complemented by our free professional and institutional support structures, will ensure that education ecosystem in Lagos witnesses an improvement in the overall learning outcomes for the children, while positively impacting on the local economy through wealth and job creation.”
First Bank’s Chief Executive Officer, Dr Adesola Adeduntan, said the Bank went into the partnership, having recognised the role played by education towards the growth of the economy.
He praised the State Government’s efforts towards suppressing the burden caused by the COVID-19 pandemic on the education, saying Lagos Government had scored another first.
Adeduntan said: “With the single-digit funding targeted at about 2,000 low-cost private schools in Lagos, we are delighted to demonstrate our commitment to the development of education in the State, thereby contributing our quota to realise the mandate of the State Government and LSETF on economic growth, opportunities for employment and bridging societal gaps in education.”
The loan scheme will be provided to two categories of applicants, which are Micro-Enterprise (ME) and Small and Medium Enterprise (SME). Those in ME category will receive a sum of not more than N500,000, while those in SME will get N5,000,000.
To apply for the loan facility, applicants are expected to submit their applications via the LSETF portal for screening. Details of the successful applicants will be passed on to First Bank for appraisal and disbursement.

Latest-News COVID-19: Sanwo-Olu launches N5bn support capital for low-cost schools

Lagos State Government in partnership with First Bank of Nigeria has launched N5 billion Post-Coronavirus (COVID-19) Recovery Support capi...

Edo 2020: I take responsibility for Ize-Iyamu, APC’s loss – Buhari

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President Muhammadu Buhari on Friday re-evaluated last weekend’s governorship election in Edo State, saying that he could not escape being held responsible for the loss of his party, the All Progressives Congress (APC), at the poll.
But he said it was important for him to develop in the country a political culture based on integrity and build his party on a “civilized basis, rule of law and respect for human rights and human beings.”
Buhari spoke in his Abuja office while receiving Governor Godwin Obaseki who won the election after defeating the APC candidate, Pastor Osagie Ize-Iyamu.
Obaseki, who was accompanied by his deputy Philip Shaibu and other Peoples Democratic Party (PDP) leaders, ruled out a return to the APC from which he switched camps to the PDP.
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He said going back to his former party would be immoral.
Buhari, at the meeting with Obaseki and Shaibu, said it was his duty to “preside over all Nigerian interests, whether I like it or not.”
Continuing, he said: “My single desire is to make sure that innocent people don’t suffer. That message I got across to the Inspector General of Police, that elections must be free and fair.
“If contestants have too much money and they decide to spray, so be it. But what I insist (on) is (that) nobody should go and raise a counter force to the government, arm heavily-drugged thugs to go and humiliate people.”
“I want Nigerians to appreciate that I respect them as Nigerians and that I am bound by the oath I have taken that their security is in the hands of God and in the hands of the government which I am leading.
”We have lost states across the country. Now I do not like to escape the responsibility, seeing as the leader of the country, I am also the leader of my party, that I am not leading the party very well.
“I am trying to make sure that the party is built on a civilized basis, rule of law and respect for human rights and human beings, right from polling units to local governments, to states up to Abuja, and that’s what I have been insisting (on) as my contribution to the National Working Committee and executive of the party.
“I know we are a developing country, a developing economy and trying to develop our political culture.
“I want the development of political culture to be based on integrity and accountability. Let people work very hard and earn what they are looking for through their hard work and through fair competition.”
He added jokingly: “I thank you for bringing your deputy and supporters to come and see me after beating my party.”
He also said he was congratulating Obaseki  ”reluctantly” because he defeated the APC candidate.
In his remarks, Governor Obaseki thanked the President for ensuring fair play during the election.
He recalled how the President, a few weeks before the election, assured him that “we were going to have a free, peaceful and credible election.”
He said: “That is what we had during the election of September 19, and the whole world has acclaimed that Edo election was perhaps one of the best conducted in recent times in Nigeria.
“This could not have been possible without your insistence that the right things be done, and for that, we want to say thank you very much.”

Latest-News Edo 2020: I take responsibility for Ize-Iyamu, APC’s loss – Buhari

President Muhammadu Buhari on Friday re-evaluated last weekend’s governorship election in Edo State, saying that he could not escape being...

COVID-19 deaths in Nigeria jump to 1,103

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The Nigeria Centre for Disease Control (NCDC) has revealed that 1,103 persons have died from Coronavirus (COVID-19), in the country. The NCDC made this known on its official twitter handle on Friday. 
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The News Agency of Nigeria(NAN), reports that there was an increase of 88 cases from the 125 reported on Sept. 24 . According to the agency, 213 new infection were confirmed around the country, bringing the total number of confirmed cases to 58,062. 
 
The health agency sadly reported two new deaths which raised the overall death toll in the country to 1,103. It stated that 508 COVID-19 patients have been treated and recovered from the infection. The NCDC said that it erroneously reported one death in Bayelsa on Sept. 23, 2020. 
 
The health agency added that the cumulative discharged cases included 364 recovered patients in Katsina State who were managed in the community. The agency added that the new infection were reported from 17 states of the federation. 
 
According to it, Lagos and Plateau States recorded most of the new cases with 51 each followed by FCT with 29 new cases. 
 
Amongst others were Rivers (18), Ondo (12), Oyo (9), Osun (8), Gombe (7), Ogun (7), Kaduna (5), Enugu (4), Edo (3), Jigawa (3), Kano (3), Benue (1), Delta (1), and Sokoto (1). 
 
The NCDC said that the country had now recorded, in total, 58,062 new cases of the novel coronavirus, with 49,606 cases discharged and 1,103 deaths reported across the 36 states and the Federal Capital Territory. 
 
It said that a multi-sectoral national emergency operations centre (EOC), activated at Level 3, have continued to coordinate the national response activities across the country. [NAN]

Latest-News COVID-19 deaths in Nigeria jump to 1,103

The Nigeria Centre for Disease Control (NCDC) has revealed that 1,103 persons have died from Coronavirus (COVID-19), in the country. The ...

I carried Davido when he was a baby…his mum was my bestie – Kemi Olunloyo spills

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Latest-News I carried Davido when he was a baby…his mum was my bestie – Kemi Olunloyo spills

‘Ebuka is a dead man, if Laycon loses’ -Icon vows during massive rally in Ogun

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Latest-News ‘Ebuka is a dead man, if Laycon loses’ -Icon vows during massive rally in Ogun

Troops rescue 12 hostages from Boko Haram

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Troops of Sector 2 (Chad), Multinational Joint Task Force (MNJTF), have rescued twelve hostages from the Boko Haram terrorists’ enclave near Barkalam in Lake Chad.
Col. Muhammad Dole, the Chief of Military Public Information, MNJTF, stated this on Saturday in a statement in Ndjamena, Chad.
Dole stated that the troops ambushed Boko Haram terrorists and sustained heat against them along the fringes of Lake Chad Basin with attendant successes.
According to him, three canoes were capsized during the offensive operation, leading to the death and arrest of some Boko Haram members, while others sustained various degrees of injuries.
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He said the 12 people rescued comprise one male adult, 3 women and 8 children.
Dole said: “In line with its policy of safe transfer of surrendered insurgents and rescued hostages, the Headquarters, MNJTF used Helicopters to facilitate their movement from Baga Sola to N’Djamena, Chad.
“While receiving the rescued persons at Air Force Base, the Chadian Chief of Defence Staff (CDS), Lt.-Gen. Abakar Daoud, reiterated the absolute commitment and determination of the National and MNJTF forces to combat the menace of the terrorists in the Lake Chad Basin.
“The rescued hostages were moved to a military medical facility for further examinations and medication, and thereafter reunite them with their families.”
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Latest-News Troops rescue 12 hostages from Boko Haram

Troops of Sector 2 (Chad), Multinational Joint Task Force (MNJTF), have rescued twelve hostages from the Boko Haram terrorists’ enclave nea...

I'm self made, I don't depend on my daddy's Billions - DJ Cuppy

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Florence Ifeoluwa Otedola, a.k.a DJ Cuppy, popular entertainer and daughter of Nigerian billionaire, has said her father’s billions did not get her to where she is today. 
 
Rather, her hard work has been the propelling factor as she carves a niche in the entertainment industry. 
 
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Professionally called DJ Cuppy, she said connections only open doors for people and in such cases, one’s skills are what would keep the individual fixed in such opportunities. 
 
The DJ acknowledged she has these connections but her skills have brought her far as she would not have brought the connections to fruition if she was not hard working. 
 
She advised that people hone their skills and be ready for opportunities as they come anytime. 
 
Cuppy also said she has blown some opportunities in the past where she played badly, delivered poorly, got late to events, and been unprofessional where doors closed for her too. 
 
Hence, she said it is about delivering.

Latest-News I'm self made, I don't depend on my daddy's Billions - DJ Cuppy

Florence Ifeoluwa Otedola, a.k.a DJ Cuppy, popular entertainer and daughter of Nigerian billionaire, has said her father’s billions did no...

#BBNaija: Who wins the N85 million prize money?

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By Nehru Odeh 
 
After ten weeks of being locked down in the house, five finalists are waiting with bated breath, anticipating who among them will eventually becomes the winner come tomorrow Sunday, 27 September 2020. 
 
After ten weeks of drama, networking, laughter, tears, surprises, heartbreaks, evictions and disqualifications, this year’s reality show is gradually winding down to a close. 
 
After ten weeks of holding Africa and indeed the globe spellbound, with many glued to their television sets round the clock, and minds ticking like a time bomb, Big Brother Naija is gradually waving us farewell. 
 
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What a season it has been? What a lockdown, as its name implies? What a year? And this year’s version will definitely go down in history as one of the most memorable. Yet, it has had its ups and downs, its high and low moments, times, its climax and anticlimax. 
 
And it has also been the butt of criticisms, with many excoriating it and questioning its use-value in a country, time and period people are struggling to make ends meet, in a clime they believe it is misplaced priority watching youths locked down in a house for six weeks “making love on national television”, when there are very serious issues of national importance to tackle. 
 
However, BBNaija is beyond just making love on national television, as it’s a micro-society where housemates not only network but also outsmart one another and manage to control what others think about them – what Irving Goffman, sociologist and symbolic interactionist, would call dramaturgy. But sometimes the housemates find it difficult to control other people’s perceptions of them, however hard they try to veil their real selves with behavioural camouflages. 
 
Still it’s a zero sum game whereby one’s failure is another’s success and at the end of the day, only one winner clinches the N85m prize money. 
 
No doubt, the question tugging at virtually every one’s mind now is: Who wins BBNaija Lockdown Season 5 ? While this is not an attempt to dismiss any of the five finalists – Laycon, Nengi, Dorathy, Neo and Vee – as they all have equal chances of clinching the prize money, the truth is, it’s a three-horse race. 
 
The housemates in strong contention for the prize are Laycon, Nengi and Dorathy. Throughout the six weeks they have stayed in the house, these housemates put up a strong showing, have shown very exemplary behaviour and strong character and have huge fan bases. While Nengi or Dorathy may spring a surprise and win the competition, if the feelers from social media and opinion polls are anything to go by, Laycon is highly favoured to win the N85 million. 
 
Laycon has so many things going for him. Aside from the fact that he has shown very strong character, is articulate and strong mentally (a trait Erica acknowledged), Laycon, arguably has the strongest fan base, and of all the housemates in the house, he was the first to be verified on Twitter Many also believe that since he revealed that he has sickle cell anaemia he will garner sympathy votes from his teeming fans. 
 
However, one cannot rule out the element of surprise that has become associated with BBNaija. The truth is, no matter the popularity of some of the contestants, any of the five finalists can win the prize. No matter how popular a contestant may seem, if he can’t garner enough votes from his fans, there is no way he would win the competition. BBNaija is no magic. At the end of the day, the fans and viewers have the final say. That’s the fun of BBNaija. That’s the excitement. That’s why millions of Africans are glued to their television sets watching the show and contributing to the hype, excitement and hoopla. 
 
However, no matter who eventually wins the prize, it is a known fact that BBNaija Lockdown Season 5 presented many unforgettable and irrepressible characters. We had Ka3na, the lady who revealed so many things about herself, who boasted of having a mini-estate, married to a 65 year old Briton, had IVF and her ovaries frozen several times, but whose dream of winning the competition was aborted so early. We also had Praise who many believed made love with Ka3na under the duvet, although Ka3na denied it, claiming they only made up. 
 
We had Erica and Kiddwaya, two lovebirds whose time in the house was characterized by melodrama that would make a box-office hit any day, anytime. While Erica never hid her love for Kiddwaya, the son of a billionaire from Benue State wasn’t ready for a relationship. Erica was disqualified for consistently breaking house rules while Kidd’s eviction took many by surprise. We won’t forget in a hurry Erica’s confrontation with Laycon that ill-fated Saturday night, and her outburst, which eventually led to her disqualification. 
 
We had Dorathy – the irrepressible Dora – whose smiles, impressive chest and diplomacy made many glued to their TV sets. We also had Ozo and Nengi, two housemates whose Bollywood romance would also make for a bestseller any day anytime. Ozo’s and Nengi’s romance is the direct opposite of Kiddwaya’s and Erica’s. While Ozo never hid his love for Nengi, the Bayelsa State-born model and beauty queen wanted to take her time. Ozo was so all over Nengi that it got many embarrassed and concerned. 
 
We also had Eric and Lilo, two housemates who felt they were each other’s distractions. We will also not forget the two love triangles involving Ozo, Nengi and Dorathy on the one hand and Kiddwaya, Erica and Laycon on the other. 
 
We also had other memorable housemates such as Prince, Wathoni, Lucy, Tolanibaj, Trikytee, to mention a few. No matter who eventually becomes the winner, I will like to end with a statement commonly attributed to William Shakespeare: “All is fair in love and war.”

Latest-News #BBNaija: Who wins the N85 million prize money?

By Nehru Odeh After ten weeks of being locked down in the house, five finalists are waiting with bated breath, anticipating who among th...

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