Sanwo-Olu Renews Commitment to Women’s Empowerment Drive Onigbanjo appreciated Sanwo-Olu for his consistent support of the ministry’s empowerment efforts Dr Claudiana Ibijoke Sanwo-Olu, explained that the programme aligns with the state’s vision of building an inclusive economy Lagos State Governor, Mr Babajide Sanwo-Olu, has restated his administration’s commitment to economic empowerment, with a focus on … Read more
Former Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has spoken out regarding her recent dismissal, asserting that “lies were told” against her. This statement marks her first public response since her removal by President Bola Tinubu, as Edu maintains her innocence amid allegations of fraud within her former ministry. On her official X … Read more
The Presidency has urged Nigerians to remain calm and patient as President Bola Tinubu’s administration continues to implement economic reforms. This appeal was made by Delu Bulus-Yakubu, the Senior Special Assistant to the President on Humanitarian Affairs and Poverty Alleviation, during her address marking the 2024 International Poverty Eradication Day in Abuja. EDITOR’S PICKS ICYMI: … Read more
The Federal Government has unveiled plans to roll out cash transfers aimed at supporting 20 million of Nigeria’s poorest citizens as part of its broader social intervention program. The initiative, designed to alleviate poverty and improve living conditions, is a key component of the government’s strategy to address the economic challenges facing the country while … Read more
The Federal Executive Council (FEC) has given its approval for the Economic Stabilization Bills (ESB), marking a significant step in the government’s Accelerated Stability and Advancement Plan. This decision was reached during the council’s 18th meeting, chaired by President Bola Tinubu at the Aso Chambers of the State House in Abuja. The ESB, based on … Read more
There are strong indications that President Bola Tinubu may abolish the Ministry of Humanitarian Affairs and Poverty Alleviation as part of a major cabinet reshuffle. According to sources within the presidency, this shake-up could involve merging or splitting various portfolios, along with the possible dismissal of some ministers. Facing increasing pressure from both internal and … Read more
Government Reassures on Pension Fund Integrity Safeguarding Workers’ Savings a Priority Responsible Investment Strategies Explored Eko Hot Blog reports that, addressing concerns, the Nigerian government categorically stated its commitment to safeguarding workers’ pension funds. In a statement, Finance Minister Wale Edun clarified, “The federal government has no intention to illegally access workers’ savings.” Editor’s Pick … Read more
Nigerian government to resume social intervention programs after corruption probe. Committee report paves the way for restart of N-Power, CCT, GEEP, and school feeding initiatives. 15 million vulnerable households to receive N25,000 conditional cash transfers. EKO HOT BLOG reports that the Bola Tinubu-led Federal Government has disclosed plans to resume the social intervention programmes coordinated by … Read more
EKO HOT BLOG reports that the President Bola Tinubu-led federal government has rolled out a fresh grant initiative to cater for nano businesses in the country. The initiative, known as the Presidential Conditional Grant Scheme (PCGS), is part of the Presidential Palliative Programme and targets nano businesses. EDITOR’S PICKS BREAKING: Bandits Attack Sokoto, Kidnap Several Tsangaya … Read more
EKO HOT BLOG reports that the presidential candidate of the Labour Party, Peter Obi, said the suspension of Senator Abdul Ningi by the Senate has not addressed vital issues in the allegation of the lawmaker. Obi stated this in a statement via his X handle on Wednesday. According to him, the fuss over the alleged N3 … Read more
EKO HOT BLOG reports that according to a recent survey, cement prices in some northern states have seen a decline. As reported by Legit, major cement manufacturers like Dangote, Lafarge, and BUA are selling the product at nearly identical prices. Despite efforts by the Nigerian government to alleviate the rising costs of construction materials, cement remains … Read more
Nigeria faces a multitude of crises, a suffocating blend of economic hardship and escalating insecurity. This dangerous mix is evident in the recent kidnapping of over 280 pupils and teachers from schools in Kaduna state. While the safe return of these victims remains the most pressing concern, this horrific event compels us to analyze the … Read more
EKO HOT BLOG reports that Operatives of the Economic and Financial Crimes Commission (EFCC) investigating the alleged N585 million disbursement began questioning the suspended minister of humanitarian affairs and poverty alleviation, Betta Edu on Tuesday, January 9. She arrived at the headquarters of the EFCC in Jabi, Abuja, at 11am. EDITOR’S PICKS Bye-Election: Ani Emerges APC … Read more
By Babawale Solomon Eko Hot Blog reports that Chief Shakiru Akanni Seriki-Bamu, the leader of the All Progressives Congress (APC) in Epe Division and a member of the Lagos State APC Governor’s Advisory Council (GAC), has organised a Poverty Alleviation Programme in Epe, Lagos State. The programme, which held at the APC chief’s residence, took … Read more
EKO HOT BLOG reports that the Federal Government is ready to support locally produced fabric, Adire with subsidy. The FG also planned to help establish industrial hubs for Adire across the country to further boost revenue for market women selling the local fabric while curbing its importation. EDITOR’S PICKS ‘Supreme Court Has Failed Nigerians’ – … Read more
Eko Hot Blog reports that the Chinese Ambassador to Nigeria, Cui Jianchun, said on Monday that Nigeria as a developing country, cannot move forward without the government eradicating poverty and investing in education. According to Jianchun, investment in such, including food, housing and security, is the bedrock of a prosperous country. The Chinese envoy gave … Read more
Amidst the laudable proposition to distribute of N8,000 to 12 million impoverished Nigerians as palliatives cushioning the effect of subsidy removal, we must consider the forte of such move beyond the surface. As we explore the intricacies of this approach, it dawns upon us that the mere act of conferring N8,000 in cash to those … Read more
As Nigeria prepares for the inauguration of Asiwaju Bola Tinubu as the country’s 16th president, there are key things you need to know. EKO HOT BLOG gathered that ahead of the inauguration, Nigerians have called on the president-elect to take quick actions to tackle critical issues in the country’s economy, security, fuel subsidy and … Read more
In fulfillment of the Lagos State Government’s pledge to eradicate poverty through the implementation of socio-economic empowerment programs, the Ministry of Women Affairs and Poverty Alleviation (WAPA) has trained and empowered participants drawn from Network of People with HIV/AIDS (NEPWHAM) in the State. The event, which was held at the Hematology Department field, LASUTH, marked … Read more
The Minister of Industry, Trade and Investment, Otunba Richard Adebayo, has claimed that the leadership of President Muhammadu Buhari was on the right track to lifting 100m Nigerians out of poverty. He revealed that Federal Government aimed at elevating 100m Nigerians out of poverty in 10 years. Adebayo disclosed this during a meeting with Leadership … Read more