Connect with us

Featured

Covid-19: Strategic PPP Will Mitigate Economic Effect—-AUDA-NEPAD/APRM Boss

Published

on

Joel Ajayi

The country can mitigate economic impact of global pandemic through strategic Public Private Partnership (PPP), says Princess Gloria Akobundu, National Coordinator, African Union Development Agency-New Partnership for Africa’s Development/ African Peer Review mechanism (AUDA-NEPAD/APRM) Nigeria.

Akobundu said while featuring as a Guest Speaker on a virtual conference with the topic `Leveraging COVID-19 disruptions for economic growth in Africa’, organised by Pristine Ecologistics Cloud-based conferencing platform.

This was contained in a statement signed by Abolade Ogundimu,  Media Assistant to the National Coordinator on Thursday in Abuja

According to the Chief Executive Officer, AUDA-NEPAD/APRM, despite lockdown as a result of Coronavirus Disease-2019 (COVID-19), how to overcome the virus and cushion its effect should not be lost on the nation.

“There is need for bottom-top approach in strategic partnership, focusing on grassroots challenges if lasting solutions will be found to COVID-19 and other national challenges.

“If agricultural sector receives more partnership support in areas of production, processing and packaging of farm outputs, large ratio of unemployed population can be gainfully engaged while agric. wastages can become income.

“Self-sufficiency in food production is a success for a nation of over 200 million population, but the nation cannot afford to rest on its oars,” she said.

The Agency Boss said adequate partnership in primary health subsector would not only lead to standard healthcare system, it would also help to upgrade indigenous therapy.

“Without compromising standard, there is need to pay more attention to our plants and animals in the search for COVID-19 antidote due to our rich varieties of plants and animals,” she said.

Akobundu gave reasons for deliberate PPP in the area of skills acquisition programmes and education.

“There is need for strategic partnership with policy backing in the area of Skills acquisition programmes so that members of the public can be trained in their areas of interest which usually increase innovations.

“Provision of more technology hubs with basic ammenities will also be another means of channelling our youths’ energies towards National development which leads to global prominence.

“While searching for lasting solution to COVID-19 pandemic, use of technology need to be highly considered to sustain learning at all levels,” she said.

The Agency Boss added that due to importance of power to the nation, abundant resources in every location should be considered in order to solve the problem.

Akobundu said, given the abundance of resources, recent prediction of World Bank that Africa would experience between -2.5%  to -5.1% recession at the end of COVID-19 pandemic should not be experienced by Nigeria.

The National Coordinator commiserated with President Muhammadu Buhari and the Federal Executive Council over the death of late Mallam Abba Kyari, Chief of Staff to the President..

Akobundu described Abba Kyari as a leader par excellence,  praying for the fortitude to bear the loss  by his family and the entire nation.

AUDA-NEPAD/APRM  Boss featured along with Ambassador Jerome Ringo, Goodwill Ambassador, Pan- African Parliament and founder, Zoetic Energy from U.S.

The Moderator, Dr Paul Abolo, on behalf of the organisers, commended the speakers for doing justice to the topic and proffering insightful ideas on how the continent could navigate economic threats of COVID-19 pandemic.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Featured

NELFUND: The Renewed Hope Engine Propelling Nigeria’s Youth into Tomorrow

Published

on

By Dayo Israel, National Youth Leader, APC

As the National Youth Leader of the All Progressives Congress, I have spent most of my tenure fighting for a Nigeria where every young person, regardless of their ward or local government, family income, or circumstance, can chase dreams without the chains of financial despair.

Today, that fight feels like victory, thanks to the Nigerian Education Loan Fund (NELFUND). Launched as a cornerstone of President Bola Ahmed Tinubu’s Renewed Hope Agenda, this initiative isn’t just a policy tweak; it’s a revolution. And under the steady, visionary hand of Managing Director Akintunde Sawyerr, NELFUND has transformed from a bold promise into a roaring engine of opportunity, disbursing over ₦116 billion to more than 396,000 students and shattering barriers for over a million applicants.

Let’s be clear: NELFUND was always destined to be a game-changer. Signed into law by President Tinubu on April 3, 2024, it repealed the outdated 2023 Student Loan Act, replacing it with a modern, inclusive framework that covers tuition, upkeep allowances, and even vocational training—ensuring no Nigerian youth is left on the sidelines of progress.

But what elevates it from groundbreaking to generational? Leadership. Enter Akintunde Sawyerr, the diplomat-turned-executioner whose career reads like a blueprint for results-driven governance. From co-founding the Agricultural Fresh Produce Growers and Exporters Association of Nigeria (AFGEAN) in 2012—backed by icons like former President Olusegun Obasanjo and Dr. Akinwumi Adesina—to steering global logistics at DHL across 21 countries, Sawyerr brings a rare alchemy: strategic foresight fused with unyielding accountability.

As NELFUND’s pioneer MD, he’s turned a fledgling fund into a finely tuned machine, processing over 1 million applications since May 2024 and disbursing ₦116 billion—₦61.33 billion in institutional fees and ₦46.35 billion in upkeep—to students in 231 tertiary institutions nationwide. That’s not bureaucracy; that’s brilliance.

Sawyerr’s touch is everywhere in NELFUND’s ascent. Since the portal’s launch, he’s overseen a digital ecosystem that’s as transparent as it is efficient—seamless verification, BVN-linked tracking, and real-time dashboards that have quashed misinformation and built trust. In just 18 months, the fund has empowered 396,252 students with interest-free loans, many first-generation learners who might otherwise have dropped out.

Sensitization drives in places like Ekiti and Ogun have spiked applications — 12,000 in a single day in one instance, while expansions to vocational centers in Enugu pilot the next wave of skills-based funding. And amid challenges like data mismatches and fee hikes, Sawyerr’s team has iterated relentlessly: aligning disbursements with academic calendars, resuming backlogged upkeep payments for over 3,600 students, and even probing institutional compliance to safeguard every kobo. This isn’t management; it’s mastery—a man who doesn’t just lead but launches futures.

Yet, none of this happens in a vacuum. President Tinubu’s alliance with trailblazers like Sawyerr is the secret sauce securing Nigeria’s tomorrow. The President’s Renewed Hope Agenda isn’t rhetoric; it’s resources—₦100 billion seed capital channeled into a system that prioritizes equity over elitism. Together, they’ve forged a partnership where vision meets velocity: Tinubu’s bold repeal of barriers meets Sawyerr’s boots-on-the-ground execution, turning abstract policy into tangible triumphs. It’s a synergy that’s non-discriminatory by design—Christians, Muslims, every tribe and tongue united in access—fostering national cohesion through classrooms, not courtrooms.

As Sawyerr himself notes, this is “visionary leadership” in action, where the President’s political will ignites reforms that ripple across generations.

Why does this matter to us, Nigeria’s youth? Because NELFUND isn’t handing out handouts—it’s handing out horizons. In a country where 53% of us grapple with unemployment, these loans aren’t just funds; they’re fuel for innovation, entrepreneurship, and endurance.

Picture it: A first-generation polytechnic student in Maiduguri, once sidelined by fees, now graduates debt-free (repayments start two years post-NYSC, employer-deducted for ease) and launches a tech startup. Or a vocational trainee in Enugu, equipped with skills funding, revolutionizing local agriculture. This is quality education that endures—not fleeting certificates, but lifelong launchpads. Sawyerr’s focus on human-centered design ensures loans cover not just books, but bread—upkeep stipends of ₦20,000 monthly keeping hunger at bay so minds can soar. Under his watch, NELFUND has debunked doubts, refuted fraud claims, and delivered results that scream sustainability: Over ₦99.5 billion to 510,000 students by September, with 228 institutions on board.

As youth leaders, we see NELFUND for what it is: A covenant with our future. President Tinubu and MD Sawyerr aren’t just allies; they’re architects of an educated, empowered Nigeria—one where poverty’s grip loosens with every approved application, and innovation blooms from every funded desk. This isn’t charity; it’s an investment in the 70 million of us who will lead tomorrow.

We’ve crossed one million applications not because of luck, but leadership—a duo that’s turning “access denied” into “future unlocked.”

To President Tinubu: Thank you for daring to dream big and backing it with action.

To Akintunde Sawyerr: You’re the executor we needed, proving that one steady hand can steady a nation.

And to every Nigerian youth: Apply. Graduate. Conquer.

Because with NELFUND, your generation isn’t just surviving—it’s thriving, enduring, and eternal.

The Renewed Hope isn’t a slogan; it’s our story, now written in scholarships and success. Let’s keep turning the page.

Dayo Israel is the National Youth Leader of the All Progressives Congress (APC).

Continue Reading

Trending

error

Enjoy this blog? Please spread the word :)