•The protesters People from three communities in Ilaje Local Government Area of Ondo State yesterday protested alleged delay in the disbursement of a sum of N400million relief fund to them. The communities, which include Obe Nla, Obe Adun and Obe Jedo, said Governor Lucky Aiyedatiwa approved the relief fund for victims of recent violence in [&...
The Independent Corrupt Practices and Other Related Offences Commission has commenced a comprehensive investigation into alleged discrepancies surrounding the disbursement of student loans under the Nigeria Education Loan Fund. The National Orientation Agency had alleged that certain schools, working together with some banks, have purposely de...
The Nigerian Association of Chambers of Industry, Mines and Agriculture (NACCIMA) today criticised the federal government’s policy on the disbursement of N50,000 to Micro, Small and Medium Enterprises (MSMEs), stating that the initiative has not yielded the desired results. Speaking on Arise Television, the National President of the Associatio...
Indigenous ship-owners have told the Nigerian Tribune that they have lost hope in the disbursement of the $350 million Cabotage Vessel Financing Fund (CVFF) any time soon. Generated from a surcharge of 2 percent of the contract sum performed by vessels engaged in coastal trade, the CVFF was established by the Coastal and Inland Shipping [&hell...
The Managing Director of the Nigerian Education Loan Fund, Dr. Akintunde Sawyerr, says students of higher institutions based in Nigeria’s South are not applying for loans because they doubt the viability. Sawyerr said this when he briefed State House correspondents after the launch of the disbursement of loans to applicants by President Bola T...
•Former Minister Sadiya Umar-Farouk Justice Dehinde Dipeolu of the Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management and Social Development, Sadia Umar-Farouk, to give details of how N729bn allegedly disbursed to 24.3 million poor Nigerians was carried out. The court ruled that the ex-mi...
The federal government has begun disbursement of the N200 billion Presidential Conditional Grant Scheme to verified applicants. The Bank of Industry had said it would be disbursing three categories of funding to support manufacturers and businesses across the country. Giving a progress report on X (formerly Twitter) today, the Minister of Indu...

