Category : Search result: social investment fund


Senate Pushes for Structured Social Welfare to Reduce Poverty

The Nigerian Senate has advanced a bill to create a National Social Welfare Service, aiming to coordinate poverty alleviation programmes. The data-driven agency would manage cash transfers, food aid, and stipends. Read more on this crucial legislative ste

Benue PDP Chief Rejects Northern Security Fund

PDP chieftain Bemgba Iortyom rejects Benue's inclusion in the Northern Security Trust Fund, calling it a flawed plan that diverts state resources. He criticises Governor Alia's priorities.

Eko DisCo: Free Meters Only Through Official Portal

Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

House Probes Missing N30bn NSIPA Fund, Demands Action

The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.

OPay Clinches SERAS 2025 Social Impact Award

OPay wins the prestigious SERAS 2025 Award for Social Impact. Discover how its ₦1.2B scholarship and empowerment programs are transforming lives across Nigeria.

NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms

NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.

Reps Probe Missing ₦30bn NSIPA Funds

The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.

Northern Governors Launch N16bn Monthly Security Fund

Northern governors and traditional rulers have approved a N16bn monthly security trust fund to combat banditry and terrorism. They also urged President Tinubu to suspend mining activities for six months.

Northern Leaders Suspend Mining, Back State Police

Northern governors and traditional rulers have imposed a six-month mining suspension and approved a N1bn monthly security fund to tackle banditry and insecurity. Read the full communiqué.

SSAN to Govt: Use Social Scientists to Fix Nigeria

The Social Science Academy of Nigeria urges all government levels to deploy competent social scientists for evidence-based national planning. Read why experts are crucial for solving security and economic challenges.

Nigeria Launches Emergency GBV Response Fund

Federal Government announces emergency fund to combat gender-based violence and support survivors. New initiative launched during 16 Days of Activism against GBV.

Southern Governors Establish Zonal Security Fund

Southern Nigerian governors have agreed to create a regional security fund and enhance intelligence sharing to combat rising insecurity. The move aims to strengthen coordinated responses across state lines.

Senate Confronts Nigeria's Health Funding Gap

Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.

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