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- ⁠The N100bn is a catalytic fund that has not yet been withdrawn as the committee in charge is still finalizing the procedure for the scheme.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

Tinubu Appoints Chioma Awuzie Substantive Rector, Fed Poly Oko

President Bola Ahmed Tinubu has approved the appointment of Dr. Chioma Irene Awuzie as the substantive Rector of Federal Polytechnic, Oko, Anambra State. Dr. Awuzie's appointment, which takes effect immediately for a five-year term, follows the recommendation of the Polytechnic's Governing Council, chaired by Sen. Dr. Barnabas Gemade, after a transparent and competitive selection process where she emerged as the leading candidate. Prior to her appointment, Awuzie, who holds a Doctorate Degree in Physical and Materials Chemistry, was a distinguished Chief Lecturer in the Department of Science Laboratory Technology (Chemistry Option) and also Director in-charge of Tertiary Education Trust Fund (TETFund) Projects in the Polytechnic. Under her stewardship, Federal Polytechnic, Oko, witnessed unprecedented advancements in infrastructure and institutional transformation. Her leadership facilitated monumental developments across the Polytechnic’s campuses in Oko, ...

#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...

Valentine Ozigbo Resigns from Labour Party

In a shocking move, against all speculations over the last few days, Valentine Ozigbo, a close ally of Peter Obi, has announced his resignation from the Labour Party (LP). Ozigbo confirmed his decision to Diaspora Digital Media on Wednesday, February 19, 2025, but declined to provide further details, opting instead to share his reasons during an interactive session on X (Twitter) Space. The session, scheduled for 8 PM, will feature Ozigbo in conversation with Anambra's First Son, @uchepokoye, discussing pressing issues affecting Anambra State, including security challenges, societal fabric collapse, and the hope for a better future. Ozigbo's resignation has sparked interest, with many awaiting his detailed explanation for leaving the Labour Party. His decision comes at a critical time for the party, which has been navigating various challenges in recent months. Credit: Diaspora Digital Media

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