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Ekiti: Sterling bank disburses 2nd phase low interest facility to 202 tourism entrepreneurs

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Standing tall to its  mission of empowering the low cadre tourism entrepreneurs in Ekiti State with the low-interest facility, Sterling bank, on Wednesday 19 May 2021 in Ado Ekiti, credited the accounts of 202 tourism entrepreneurs in Ekiti – State, Nigeria.

The disbursement of the loan was the 2nd phase of the Sterling Bank Tourism Development Fund Initiative, a product planted by Sterling bank  and facilitated by the Office of the Senior Special Assistant to the Governor of Ekiti State on Tourism Development, Ambassador Wale Ojo – Lanre to make fund available to tourism practitioners to boost their trade and expand their business.

At the disbursement ceremony held at the Conference Hall of Ekiti State Ministry of Women Affairs, Block V, Lot II, Ekiti State Secretariat , Prof Rasaki Ojo – Bakare, Ekiti State Commissioner for Arts, Culture and Tourism, who was the Special Guest at the event, said that Governor Kayode Fayemi  was keenly interested in boosting the economic activities of all stakeholders within the ambit of arts, culture tourism, hence, seeking a way of opening doors of financial platforms where the practitioners can  leverage on low interest facilities.

He lauded Sterling Bank for its interest in the development of arts, culture and tourism sector and called on the beneficiaries to make judicious use of the loan adding that it would not only shore up the economy of the state but put them in a firmer financial stead to expand their businesses.

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He commended the Senior Special Assistant to the Governor of Ekiti State on Tourism Development, Mr Wale Ojo – Lanre for his innovative tendencies at driving the tourism sector in Ekiti state not only for visibility but economic viability while lauding   the synergy between the Office of the SSA Tourism Development, Bureau of Employment, Labour and Productivity being led by Mr Lanre Ogunjobi and the Special Assistant to the Governor on Informal Sector, Mr Oroya Aladeloye on this scheme

Mr Shina Atilola, Divisional Head of Retail Banking and Customer Banking pointed out that the soft loan scheme to tourism entrepreneurs is strategically conceived by the Managing Director of Sterling Bank, Mr Abubakar Suleiman, to provide a platform where the low cadre tourism entrepreneurs can access fund of low interest.

He said that it was the mission of Sterling bank not only to provide the loan for the beneficiaries but also network their services, craft items and provide to buyers and patrons

Mr Atilola pointed out that Sterling bank is out to empower and enhance the business and economic endeavours of tourism practitioners and stakeholder noting that the sector encompasses almost everything that a typical  traveller will need in a strange land

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He commended Governor Kayode Fayemi for being pro-poor and pro – masses in his drive at placing the economic base of Ekiti on a sustainable pedestal by aligning it with low cadre entrepreneurs and for putting proactive and positive-minded persons attending the tourism sector.

Mr Atilola lauded the efforts of Mr Ojo- Lanre, SSA Tourism Development for his doggedness and resourcefulness by networking with Messer   Lanre Ogunjobi, DG, ELP  and Oroya Aladeloye, SA, Informal sector at making the scheme working and walking in Ekiti State

He called on the beneficiaries to be faithful and prompt on repayment schedules as this would accelerate and pave the way quickly for others as the scheme targets 2000 beneficiaries in Ekiti State.

Bola Hamzat and Eniola Eyinafe both beneficiaries of the scheme lauded Governor Kayode Fayemi for networking tourism stakeholders and entrepreneurs in the state to Sterling bank and happy that the soft loan would help in creating employment opportunities in the state.

Mr Ojo – Lanre   commended the Sterling Bank team  especially Mrs Abiola Adelana , Sterling Bank Tourism Desk for her goal-getting strides at pushing the tourism vision of the bank efficiently to Ekiti State , lauded Mr Gbenga  Adegoke, Divisional Head, Product Proposition, and  Ado Ekiti Sterling bank Staff being led by Mr Lekan Afuye  for the success of the first phase disbursement to 90 beneficiaries  and the commencement of the empowerment of  2nd batch for  202  beneficiaries  under  Sterling Bank Tourism Fund Development Imitative in Ekiti State.

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Politics

Oyo Rep, Oseni Unveils Holistic Approach To Combat Drug Abuse

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File photo of Engr. Aderemi Oseni

 

Engr. Aderemi Oseni, lawmaker representing Ibarapa East/Ido Federal Constituency of Oyo state, has unveiled innovative strategies to combat youth drug abuse in the area.

His transformative agenda, known as the 3Es, focuses on Youth Education, Engagement, and Empowerment.

Recognising the alarming rates of drug abuse among Nigerian youth, Oseni, Chairman of the House of Representatives Committee on Federal Road Maintenance Agency (FERMA), embarked on a dedicated journey marked by visionary leadership.

The 3Es agenda, which targets the root causes of substance abuse, was elucidated by the lawmaker during the Special Edition of Bayo Faleke Annual Public Lecture On Radio. According to the APC chieftain, his motivation stems from firsthand experiences during the electioneering campaign, where he witnessed the pervasive influence of drug abuse on vulnerable youth.

During interactions with youth in his constituency, Oseni said he encountered resistance to all forms of assistance, leading him to adopt a multifaceted approach to address the issue effectively.

“During my campaigns, I encountered many youths who were overwhelmed by drug abuse. I held a session with them in the Ijokodo area of my constituency. We had a discussion lasting almost 2 to 3 hours, during which I specifically expressed my intention to empower them, provide financial support, assist with their education and careers, and help in any way possible.

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“I was deeply troubled when some of them expressed disinterest in these opportunities, insisting that all they wanted was money. They conveyed that they were content with their current situation. This revelation saddened me deeply.

“I also visited the second local government area within my constituency and encountered a similar situation. The sheer number of youths following me made me realise the magnitude of the challenge I faced in addressing youth issues comprehensively. This realisation prompted me to focus on what I call the 3Es,” he remarked.

Under Youth Education, Oseni initiated programmes to alleviate financial burdens on students and ensure equal access to educational opportunities by covering the costs of WAEC and JAMB examinations among others.

The lawmaker’s Youth Engagement efforts prioritized sustainable employment opportunities over short-term solutions like providing motorcycles. Through the appointment of over 60 Special Assistants, Oseni aimed to foster a sense of purpose and belonging within the community.

Youth Empowerment was central to Oseni’s strategy, with a substantial N100 million grant allocated to support youth businesses and deter criminal activities and drug abuse.

He stressed the importance of advocating for the removal of affected youths from the streets, emphasising the role of prayer alongside government efforts to curb drug abuse.

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“I identify with some of them and to the glory of God, I have plucked them from the streets, and their lives have improved. As a legislator, alongside the ongoing efforts by the federal government to curb drug abuse among our youth, including the strengthening of NDLEA and other law enforcement agencies, advocating for the removal of these affected youths from the streets is crucial. Additionally, prayer plays a vital role in all situations, and we must continue to pray for them,” the lawmaker added.

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Metro

Texas Storm Claims Seven Lives

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Shattered windows are seen on buildings in downtown Houston on May 17, 2024, one day after the city was hit by severe storms. Credit: Cécile Clocheret / AFP

The death toll from severe weather that lashed the Texas city of Houston has risen to seven, authorities said Friday.

The three additional deaths came after Houston, the fourth-largest US city, was hit Thursday by heavy rain and winds up to 100 miles (160 kilometers) per hour, leaving downtown streets covered in glass from blown-out windows.

Downed trees and power lines littered residential areas and the National Weather Service confirmed a tornado touched down in the suburb of Cypress.

According to Harris County Sheriff Ed Gonzalez, the new victims included an 85-year-old woman who died after her mobile home was struck by lightning and caught fire.

A 60-year-old man was found unresponsive and pronounced dead after going to his truck to try and power his oxygen tank, after electricity was cut across wide swaths of the storm-hit area.

And a 57-year-old man collapsed and died after trying to move a downed power pole.

Houston Mayor John Whitmire said Thursday after the storm that four people died, though specifics were not immediately available.

Schools in Houston, home to 2.3 million people with an economy centered around oil and petrochemicals, were closed on Friday and non-essential workers urged to stay home.

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Crime & Court

EFCC Hands Over $22,000 Recovered from Convicted Internet Fraudster to FBI

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The Economic and Financial Crimes Commission (EFCC) has fulfilled its commitment to justice by handing over $22,000 recovered from a convicted internet fraudster, Hakeem Olanrewaju, to the Federal Bureau of Investigations (FBI).

In a statement released on Saturday, EFCC spokesperson, Dele Oyewale announced that the handover took place on Friday in Lagos State.

“We are delighted to be handing over this proceeds of crime today,” remarked the Acting Director of the EFCC Lagos Zonal Command, Michael Wetkas. “The EFCC is willing and always ready to do more.”

At the handover event, FBI’s Legal Attaché Charles Smith praised the EFCC for its collaborative efforts.

“The EFCC and FBI work collaboratively together, and it is thanks to the EFCC that we can recover funds of this nature, especially from Business Email Compromise, BEC,” stated Smith.

“This type of crime cripples businesses in the US, and for them to recover the money within one to two years gives hope to the affected companies and brings some level of justice, even if not all subjects have been identified.”

Smith expressed hope for continued cooperation between the two agencies, emphasising the FBI’s readiness to support investigations.

Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos, had previously ordered the restitution of the recovered money to Olanrewaju’s victim in the US.

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Olanrewaju was sentenced to two years imprisonment for identity theft and impersonation on August 15, 2023.

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