Nigeria must develop its indigenous energy transition solutions in order not to be controlled by the developed world, the General Manager, Corporate Communications and zonal coordination
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Olukayode Pitan, the BoI managing director, announced the partnership at the bank’s webinar themed: ‘Recognising Women’s Leadership In Enhancing Nigeria’s COVID-19 Recovery’ to celebrate International Women’s Day.
Pitan said the AFAWA fund was expected to unlock $3 billion in private sector financing to empower female entrepreneurs through capacity building development.
He added that the fund would grant women access to finance as well as spearhead legal policy and regulatory reforms to support enterprises led by women.
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BoI also said it has a partnership with Islamic Development Bank (IDB) to implement the business resilience assistance for value-adding enterprise (BRAVE) women Nigeria project.
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The Akwa Ibom State Government has commended the Federal Executive Council (FEC) for approving the construction of the Ibom Deep Seaport project for the state.
The State Commissioner for Information and Strategy, Mr Ini Ememobong, gave the commendation in a statement in Uyo, yesterday.
Ememobong said that the state government was deeply touched by the gesture and thanked members of FEC, led by President Muhammadu Buhari and Vice President Yemi Osibanjo for the approval.
The state government also commended the Minister of Transport, the Nigerian Ports Authority, other agencies and every official of the Federal Government involved in the landmark decision.