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Showing posts with the label funding

FG aims to feed 20m students by 2026

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Federal Government Targets 20 Million Children Through School Feeding Initiative The federal government has set an ambitious goal of reaching 20 million children through the Homegrown School Feeding Programme by 2026. This initiative is being framed not only as a critical educational investment but also as a strategic move for national security. The announcement was made by Vice President Kashim Shettima during the National Policy Forum on the Institutionalisation and Implementation of the Renewed Hope National Home Grown School Feeding Programme, held in Abuja. The forum was organized by the Presidential Committee on Economic and Financial Inclusion, in partnership with ActionAid Nigeria and other key stakeholders. Representing the Vice President, Dr. Kolade Fasua, Special Adviser to the President on Economic Affairs, highlighted the significance of the programme under President Bola Tinubu’s Renewed Hope Agenda. He described it as the most extensive expansion in the history of the ...

Plan to Address the Debt Crisis

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A Global Call to Action on Debt and Development Following a significant moment in the Fourth International Conference on Financing for Development, there is a growing consensus among governments, international financial institutions, and civil-society organisations. They are preparing for action ahead of the United Nations General Assembly (UNGA) in September. This comes after recent reports, including Healthy Debt on a Healthy Planet , the Jubilee Report , and the Report of the UN Secretary-General's Expert Group on Debt , have highlighted the severity and urgency of the intertwined debt and development crises. In 2024, developing countries paid US$25 billion more to external creditors than they received in new disbursements. This means that 3.4 billion people—more than 40% of the world’s population—live in countries that spend more on interest payments than on health or education. The situation has been exacerbated by the global financial system, which is not designed to meet t...

FUTA Alumni Launch New Trust Fund Board

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FUTA Alumni Trust Fund Board Inaugurated The Federal University of Technology, Akure (FUTA) recently held an inauguration ceremony for a new set of alumni who have been appointed to the board of the Alumni Trust Fund. This event marks a significant step in the university's efforts to strengthen its financial and developmental support systems. The newly formed board is tasked with overseeing the endowment and fundraising activities aimed at supporting various aspects of the university’s growth. These include training programs, research initiatives, capacity building, and infrastructural development. The board’s role is crucial in ensuring that the university continues to meet high standards of academic excellence and innovation. During the event, the FUTA Alumni President worldwide, Engr. Adeyemi Bello, expressed his gratitude to the University Vice Chancellor, Professor (Mrs) Temidayo Adenike Oladiji FAS, for her unwavering support of the association. She also serves as the Patr...