BREAKING: President Tinubu's Administration To Launch A N100bn Consumer Credit Scheme

The Tinubu led administration is set to revive the manufacturing sector by further strengthening the purchasing power of the consumers, President Bola Tinubu's administration has said a total sum of N100bn has been provided for manufacturers in the 2024 budget.

What to know:

- President Bola Tinubu has restated his desire several times to ensure Nigerian consumers can afford goods and services by designing a scheme that allows them to pay overtime for consumables as obtainable in many parts of the world.

- ⁠The scheme is expected to cover everyday household items including automobiles, furnitures, gadgets etc.

- ⁠Also included is a functional mortgage system that will provide affordable housing to average Nigerians where they can repay over a very long period.

- ⁠The N100bn is a catalytic fund that has not yet been withdrawn as the committee in charge is still finalizing the procedure for the scheme.

- ⁠When the scheme kicks off, eligible Nigerians will have more access to goods and services as they can repay for such services over a long period thereby reducing pressure caused by instant demand for full payment.

- ⁠The scheme is also expected to curb the propensity for corruption as the President seeks to disincentivize the long-standing menace by ensuring all classes of Nigerians have access to basic goods and services without any undue pressure.

#Watchvideo : SECURITY FORCES BURST THE CAMP OF UNKNOWN GUNMEN IN AKOKWA

Security Forces in the state through a coordinated intelligence report has bursted the camp of the unknown gunmen at Akokwa, Arondizuogu after a long gun duel which resulted to the death of some of the criminals and others arrested. These criminal elements have been known to be behind several attacks in the state such as the killing of police men in Mbaise, Aba Branch in Ehime Mbano, burning down of police stations, attack and attempted kidnapping of former Governor Ikedi Ohakim, abduction of Miss. P.P. Johnson, a female soldier in Okigwe and recently the attack in Akokwa that left many dead. It is obvious that these daredevil gunmen have been perpetuating their evil plans unabated until yesterday when their camp was bursted by security agencies. This is another assurance that our security operatives are leaving no stone unturned in the fight against banditry and other related activities. While it has become obvious that the activities of these non state actors are politically motivate...

BREAKING: 2Baba Shot Dead In Rivers State

A notorious cult leader and the prime suspect in the brutal murder of the late Divisional Police Officer, SP Bako Angbashim, in the state, Gift Okpara, popularly referred to as 2Baba, has been reportedly killed in a police-led major security raid. The police and other security agencies were said to have conducted land and aerial raids at the identical hideout of the Iceland cult leader and his gang at Idu-Ekpeye in Ahoada East local government area of Rivers on Saturday, February 17. According to The Nation , the Iceland cult leader was reportedly feared dead after the operation. Recall that in September 2023, the late DPO was ambushed and captured by the cult group led by 2Baba in the Odiemudie community, Ahoada East LGA. 2Baba and his gang then took the DPO to the forest, where they killed him and dismembered his body. The cultists then filmed him. Another source, Obi, said he saw no less than 15 vehicles and an Armored Personnel Carrier (APC) during th...

Prominent Leaders Pay Tribute to Late Sen Ifeanyi Ubah, at Anambra Community Candlelight Procession in Awka

Hundreds of mourners, friends, well-wishers, media representatives, and party faithful gathered are presently at Emmaus House in Awka for a candlelight procession to honor the late Senator Ifeanyi Ubah. Chief Egwuonwu in his speech expressed his deep grief over the loss of his friend and brother, Senator Ubah, saying it's hard to find words to convey his emotions. However, he says that he finds solace in the tremendous impact Senator Ubah had on the lives of those he encountered. Chief Owelle Mbaso, leader of Anambra Former Political Appointees in paying glowing tribute said that Senator Ubah led a life worthy of emulation. He said "he knew he wouldn't pass this way again,reason he ensured he impacted on several life's without expecting anything in return." Mr Linus Williams, BLord in a glowing tribute recounted how Late Senator Ubah helped him when he was wrongly accused of sponsoring terrorism. He said " even though I have not meet him or seen ...

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