FG And A Partner Firm Aim to Elevate 50 Million Nigerians Out Of Poverty 

PLACE YOUR ADVERT HERE

In an effort to help 50 million Nigerians escape poverty by 2027, the Federal Government of Nigeria has joined forces with financial institutions to provide grants for those interested in Digital Economy and Creative Enterprise.

This poverty-alleviation partnership was announced by Idea Lab, a financial inclusion agency working with the Central Bank of Nigeria and others to distribute grants and loans.

The National Coordinator of Idea Lab, Emmanuel Aondoakaa, emphasized the government and World Bank Group’s support for the initiative, which aims to provide financial assistance, employment opportunities, scholarships, market access, and technology transfer initiatives.

Innovative technologies such as the Rex Agent application, Scholarship and Aid Website, and Job Gurus Website are being used to facilitate these programs and bring value to entrepreneurs in line with President Bola Tinubu’s ‘Renewed Hope Initiative’.

“To appreciate the effort of the Federal Government of Nigeria under the leadership of President Bola Tinubu to lift 50 million Nigerians out of poverty, we are passionately appealing for all concerned stakeholders, especially BMO forum of MSMEs of Nigeria, Cooperative Societies and the media to join us in this movement.

“Subscribe to these technologies and let us use the blockchain embedded in them to create millionaires everywhere through a connected economy,” Aondoakaa appealed.

PLACE YOUR ADVERT HERE

Popular Related

Sickle Cell Survivor Is Urging FG To Make Premarital Genotype Testing Compulsory

Managing sickle cell disease throughout one's life is a continual challenge involving extended hospital stays and frequent medical appointments, alongside high healthcare expenses. In light...

6 Health Benefits Of Drinking Lemon Water Daily

Consuming lemon-infused water is a straightforward practice that can greatly influence your well-being. This thirst-quenching beverage is not only tasty but also brimming with...

World bank reaffirms commitment to improving Nigeria’s water sector

The World Bank has committed to supporting Nigeria's water, sanitation, and hygiene sector going forward. During a visit with Prof. Joseph Utsev, the Minister of...

UNILAG Pharmacy Students Offer Solutions To Ongoing Hike In Drug Prices

Pharmacists have emphasized innovation as a key solution to address the challenges facing the pharmaceutical industry in Nigeria, which has resulted in continuous price...

Nurses Demand A 25% Increase In CONHESS Salary

The National Association of Nigeria Nurses and Midwives is urging state governments and the Federal Capital Territory to swiftly implement the 25% salary increase...

Expert Urges The FG To Implement Community Nutrition Programs To Address Malnutrition

A prominent nutritionist, Mrs. Odunayo Babatunde, has called on the government to boost local food production and implement community nutrition initiatives to address the...

NCDC Advises Against Drinking Beverages Or Drinks Made With Contaminated Water Due To Cholera Risk

The Nigeria Centre for Disease Control and Prevention has issued a warning to the public to avoid consuming beverages and drinks prepared with contaminated...

Group expresses worry about Rise In HIV Infections And Teenage Pregnancies

The AIDS Healthcare Foundation Nigeria has expressed worry about the increasing rates of Human Immunodeficiency Virus (HIV) infections and teenage pregnancies throughout the nation. Steve...

Pediatricians Are Providing Immunization Education As The Number Of Unvaccinated Children Reaches 2.2 Million

The Paediatric Association of Nigeria, comprised of paediatricians, has emphasized the necessity of enhancing the rate of childhood immunisation in the nation. They proposed that...

In Six Months, Patients’ Struggles Worsen Due To Rising Costs Of Antimalarial Drugs

As Nigeria joins the rest of the world in observing World Malaria Day today, patients are expressing their concerns about the increasing prices of...