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Buhari Dissolves APC National Working Committee

President Muhammadu Buhari has dissolved the National Working Committee (NWC) of the ruling All Progressives Congress (APC).

This was disclosed in a tweet by Bashir Ahmad, the President’s media aide today, June 25.

He said: “Following the recommendation of President Muhammadu Buhari, the National Working Committee (NWC) of the All Progressives Congress (APC) has been dissolved.”

Ahmad tweeted that the decision had just been taken at the ongoing Party’s NEC Meeting.

Details later.

Court Ruling On Ajaokuta, Koton Karfe, Lokoja: Comedy Of Error, Greed,  By Buhari Sani Omolori

Attah igala

The 21st-century mind is expected to be the most refined, most coherent and most advanced in knowledge. That is why it is surprising to see a Federal High Court ruled out of ignorance and to see a king heavily burdened by expansionism, and constantly fanning dangerous fires amongst people who have peacefully lived as neighbors.

His Royal Majesty, the Attah Igala, Ameh Oboni relied on the supposed treaty of 1841 to lay claim to Ajaokuta, Kotonkarfi and Lokoja lands.If this were not putting the cart before the horse, then he should have established ownership of the land which in turn would have given the right to cede or sell. You cannot sell what you do not own. The said treaty never came into effect.

I am not sure if the present Attah were as informed as Attah Aliyu Obajeh who knew that The Queen, upon discovering the fraud in the deal, declined to sanction it. In his misguided letter to General Sani Abacha in 1995, Attah was  well aware that in the deal, the Queen reserved the right to modify or annul the deed of secession and equally knew that the British foreign office had agreed with Lord Aberdeen that the treaty with the chief of igala should not be sanctioned for the simple fact that Attah had no control over the claimed land, and therefore the Queen sought protection for her console from the Etsu of Bida, who was in charge of Lokoja. Where was the Attah when the Etsu gave permission to Dr. Balfour William Baikie in 1859?

The areas around the confluence of the Niger Benue river (Lokoja) were inhabited by fishermen from Bassa Kwom,  Ebira Mozum, Bassa nge, and the Oworro people. The jihadist, under the banner of the Etsu of Nupe Mammadu Shaba, swept across Lokoja in 1839, pushing down the Bassa nge, Bassa kwom and Ebira mozum people to southeast of the Niger- the present day Bassa local government, in which they settled independently of the Attah of Igala. To date, these people are independent of Attah of Igala. According to Samuel Ajayi Crowder, by 1854, the natives of Mount Patti were forced by the jihadist to abandon their stronghold (S.A crowder, 1970, 97).  Could Attah, who wasn’t in control of Bassa, have had the stomach to confront jihadist for the right to Lokoja?

By 1897, the Royal Niger Company conquered Bida and all previous treaties would have been nullified. In 1917,the British Administration of the Northern Protectorate appointed Alh Ibrahim Onoruoiza,  who took the title of Attah , as the leader of Ebira.  Alh. Ibrahim Onoruoiza appointed his brother, Alh. Yakubu Wokili to administer (collection of tax and orders) Lokoja in his stead. Alhaji Yakubu Wokili ruled from Atta’s Palace in Lokoja. The Palace is still standing there today. Lokoja was later moved in 1946 from Ebira (Hima/Kogi Central) division to Kotokarfi (Ebira Igu) division to form Kwara Federated Native Authority with Lokoja as headquarters.  Do the Attahs of Igala have a footprint in Lokoja or is their only relic the paperwork of unsanctioned treaty? Attah’s fabrication of 1841, which some of his progenies are very much proud of today, its a shame.

Going by the Igalas’  narrative that Ajaokuta denotes the stone market or market on the rock, the said market came to life in the early 20th century, when the UAC, John Holt and G.L Kaiser established produced buying station, where our traders exchanged farm produce for iron slabs and textiles among others. On the other hand, the  settlement of our people in Ajaokuta dates back to the 17th century. Several ancient towns were founded ( Ukpake, Ohungere, Obangede, Ohuovene, Ukako, Inare among others). It was in this same 17th century that the first paramount ruler of the Igalas came from Jukun to establish the Atahete dynasty. The leadership of Ajaokuta in terms of taxes and policing has always been

by the Ebira Native Authority, with  Okene as headquarter.

In the 80s, the Ohinoyi of Ebiraland, Alh. Muhammad Sani Omolori, officially opened the Itobe (the hunting ground) market for his people on the eastern flank of the Niger River. Such significant foothold in the eastern flank of the river Niger (Ofu Local Government) will continue to be the aspiration of Attah in Ajaokuta. This, however, never prompted Ohinoyi to incite his people in declaring any part of  Ofu as part of his kingdom;a common trend in Attah Ameh oboni’s antecedents, but the pockets of igalas in Ajaokuta are not that fools.

The greatest authority in Igala’s history,J.S Boston, in his book ‘The Igala Kingdom (p.102) referred to Itobe and other villages (Bassa) in the eastern bank of the Niger River, which was in sharp contrast to the igalas, as Igala by assimilation and not by origin. According to him, ‘’The greater part of the settlers who founded these clans are one or other of three major divisions of Ebira tribe from panda on the Benue, kotonkarfi (Igu) on the left bank of the Niger or from the  Hima group whose settlement runs inland from Ajaokuta on the right bank of the Niger”. The Hima group are the present-day Ebira people of Kogi Central.

The Igalas in 1976 pressured the Irikefe panel, demanding to be excised from Kwara to join Benue, citing the river niger as the natural boundary and Yoruba’s domination. They left Kwara with hope to dominating the Tiv in Benue but they were not that fortunate. They ran to join us in Kogi after losing their proposed Okura State,citing reasons such as being part of old Kabba province and also hoped to dominate with claim of 54% of the population. However, the 1991 provisional census figures proved them wrong. But the Ebira people whose hospitality is legendary didn’t find it hard to give the igalas their first governor but also paved the way for them to be the chairman of the Council of Chiefs. After all, we were governor in old Kwara,and at the time had illustrious sons in top positions in the federal government (I.G & Chief of Army Staff)

But we were soon to realize the extent of their greed in their appointments. even though over 70% of the internal revenue comes from Central. They didn’t stop there;the Specialist Hospital we inherited from Kwara was moved from Obangede to Igala. Racism couldn’t be more pronounced.

Sen. Ahmadu Ali in his recent publication, claimed to have been putting together documents used in court for the past 30 years, yet Ajaokuta didn’t feature in their proposed Okura State of less than 30 years. He made the assertion that they control all the way to southern Kaduna and how all Kogi State belongs to the Attah. How unreasonable will it be should Oba of Benin lay claim to the entire igalaland that was firmly in their control during the time of Oba Esigie in 1515 all the way to the 17th century, or the Oyo empire tries to reclaim her former territories, including Egbaland, Ilorin, or if the Sokoto Caliphate does the same. Such attempt today will undermine the sovereignty of our nation and will only take us back to the stone age. Today, such claims by the igalas are even more dangerous and laughable, as they have neither root nor history in these areas.

The government should review the position of Attah as the chairman of the Council of Chiefs as he is noted for inciting conflicts. In 2018, thugs were brought in from baji by his loyalists to fight a group of igala’s over the right to a fishing area and many died. Today He is involved in land grabbing in Ofu Local Government precisely Itobe and clashes are ongoing. At several points, he tried to cajole the igalas living in Ogodo ward (Ajaokuta) to declare part of it as part of his kingdom. As a result,he clashed with former governor Idris Wada. Such a leader should not lead in the State. If the igalas did not see the curse that follows the ruling class, we kogites saw the danger of having Attah as the chairman of the traditional council.

From time immemorial, our people are republican in nature, and this was why they moved away from the authoritarian system of Jukun empire to establish a decentralized system with chiefs as representatives in communal affairs. Such a system conforms to modern-day democracy. Our people fought the invading Fulani jihadists and kept them at bay. History is repleted where we humbled oppresors. I have no doubt that our people will protect our lands with whatever it will take.

The views expressed in this article are the author’s own and do not necessarily reflect Greenbarge Reporters’ editorial policy.

Nigeria In Talk With World Bank, Others, To Raise $6.5 Billion For Power Sector

Nigeria is continuing its discussions with the World Bank and other multilateral lenders to raise $6.5 billion, even as it had secured $750 million support from the International Development Association an arm of the same World Bank.
The Multilateral Institution, in a statement in Abuja today, June 24, said that the target was to achieve financial and fiscal sustainability and enhance accountability in Nigeria’s power sector. It said that about 47 per cent of Nigerians did not have access to grid electricity and those who have access, faced regular power cuts. According to the bank, the economic cost of power shortages in Nigeria is estimated at around 28 billion dollars, which is equivalent to two percent of its Gross Domestic Product (GDP).
It said that getting access to electricity is one of the major constraints for the private sector according to the Ease of Doing Business report, adding that improving power sector performance, particularly in the non-oil sectors of manufacturing and services, would  be central to unlocking economic growth post COVID-19.
The statement quoted Shubham Chaudhuri, World Bank Country Director for Nigeria, as saying: “lack of reliable power has stifled economic activity and private investment and job creation. This is ultimately what is needed to lift 100 million Nigerians out of poverty. The objective of this operation is to help turn around the power sector and set it on a fiscally sustainable path. This is particularly urgent at a time when the government needs all the fiscal resources it can marshal to help protect lives and livelihoods amid the COVID-19 pandemic.”
The bank said that PSRO would provide results-based financing to support the implementation of the Government’s Power Sector Recovery Programme (PSRP). It further said that the PSRP was a comprehensive programme to restore the power sector’s financial viability, improve service delivery and reduce its fiscal burden.
“The PSRO is expected to increase annual electricity supplied to the distribution grid, enhance power sector financial viability while reducing annual tariff shortfalls and protecting the poor from the impact of tariff adjustments.
“This will enable the turnaround of power sector while helping the Federal Government to redirect large fiscal resources from highly regressive tariff shortfall financing towards critical crisis-responsive and pro-poor expenditures. It will also increase public awareness about ongoing power sector reforms and performance. Specifically, the PSRO will ensure that 4,500 mwh/hour of electricity is supplied to the distribution grid by 2022 by strengthening the regulatory, policy and financing framework. It will also enhance the accountability and financial viability of the sector, helping the sector create a track record of sustainable operation necessary for unlocking much needed private investments in the future,” the Bank said.
Finance Minister, Zainab Ahmed told an investor call that the World Bank will meet on the Nigerian funding request on August 6th and that the government is also in talks with regional lender Afrexim Bank for a new loan.
In the presentation document, Zainab Ahmed said the government needed $6.5 billion, did not plan to issue a Eurobond this year, and would draw $150 million from its sovereign wealth fund to augment revenue disbursements.
In April, the International Monetary Fund (IMF) approved $3.4 billion in emergency financial assistance for Nigeria to support its response to the coronavirus pandemic.
But Fitch Rating Agency has warned that a sharp rise in Nigeria’s sovereign debt and a ballooning financing gap could trigger a rating downgrade. The global ratings agency downgraded Nigeria to “B” in April with a negative outlook from “B+” citing aggravation of pressure on external finances.
Source: Business News.

We’ll Not Allow Igala To Use ‘Judicial Abracadabra’ To Rob Us Of Ajaokuta – Ebira Youth

Ebira youth in Kogi Central Senatorial zone, under the umbrella of Ebira Youth Congress (EYC), has warned that members will not stand aloof and watch Igala people, at the Kogi East Senatorial zone, to use what it called “judicial abracadabra” to rob Ebiraland of Ajaokuta where the nation’s steel project is located.

At a press conference yesterday, June 23, at Utenyi in Eganyi District of Ajaokuta Local Government Area, the EYC called on all the people of goodwill to call Igala people to order,  even as it promised to embark on efforts at averting ethnic conflicts “being orchestrated by the inconceivable claim of ownership of Ajaokuta land by the Igalas.”

In a text read by the President-General, Malam Baba Abdulrazak, the EYC, described the recent judgment ceding Ajaokuta to Igala Kingdom as “one provocation too many!”

The full text of the conference is reproduced here:

We, the leadership of the youths of Ebira, under the aegis of Ebira Youth Congress (EYC), the apex socio-cultural organization of the youths of Ebira ethnic nationality both at home and in diaspora, have critically reviewed recent developments in Kogi state and deemed apt to call this press briefing to bring to your knowledge and indeed, that of the whole world, the mindless and relentless efforts by our neighbours at the eastern flank of Kogi state, the Igalas, to rob us of our God-given lands and other resources through judicial *“abracadabra”! This conference is in furtherance of our efforts aimed at averting ethnic conflicts being orchestrated by the inconceivable claim of ownership of Ajaokuta land by the Igalas.

The recent incongruous judgment of the Federal High Court sitting in Lokoja, which curiously ceded Ajaokuta, Lokoja and Koton Karfe Local Government Areas to the Atta Igala is one provocation too many!

It should be placed on record that since the creation of Kogi State, the Igalas have been behaving as *IMPERIAL LORDS; as if they own the entire state by CONQUEST! This nauseating attitude of our brethren from across-the-Niger has only but succeeded in engendering needless acrimony and mutual suspicion among component ethnic groups, with their attendant negative effects on the peace and development of the state.

The rest of Kogites, particularly Ebira youths still nurse the wounds resulting from the acute denial and gross marginalization Ebira were subjected to by successive Igala-led regimes. We will not forget in a hurry how the late Prince Abubakar Audu led-government created the botched lopsided local government councils that sought to subjugate other ethnic groups in the state to Igala dreamed hegemony.

With heavy heart, we recall that this misrule sent some of our vibrant youths to their untimely graves when they protested against the injustices; not to mention our youth leaders who were unjustly detained and man-handled alongside other unimaginable deprivations meted on us by the referenced past governments.

This time around, Ebira and her youths are wiser not to allow anything that will lead to disequilibrium in the peace and even -development of the state that Governor Yahaya Bello’s administration has been pursuing even at the detriment of his personal comfort and that of his immediate community. *To say that we have conceded too much to the Igalas to appease their greedy gods will be an understatement!*

At this juncture, we would like to ask the Igalas and their monarch the following pertinent questions: *At what point in their history did they realize that the land of Ajaokuta was part of their kingdom? This is because: 1. They, Igalas, were, first in Onitsha province; 2. They were in the defunct Kabba province and ditto Benue State before the birth of Kogi state. Interestingly, in all of these sojournings, the Igalas never knew they had Ajaokuta to pack in their journey bags. Or is that the Igalas also forgot to mention anywhere in their relatively recent agitations for the creation of Okura state that Ajaokuta belonged to them? This our brothers’ greed and provocations know no bounds!*

This mad territorial ambition was what killed the late Saddam Hussein of Iraq when he sought to annex Kuwait as part of the old Babylonian empire in the twentieth century. We hasten to caution the Igalas to tame their greed!

Let our Igala neighbors be told that Ebiraland was never a conquered land and cannot be available now through judicial conquest or any other unholy manipulations.

Whoever thinks that the youths of Ebiraland will stand aloof and watch this broad daylight robbery unchallenged must be living in a fool’s paradise- such a person or persons are free to remain asleep.

It will do them (the Igalas) good to know how the Ebiras and Ebira Kotos left Idah to their present abode. If they do, it will be clear to them that Aajokuta was never part of their kingdom.

This insane territorial claim has no place in modern day national and international boundary management and administration. The Igalas must be told in an unambiguous terms!

As the chairman of the Kogi State Traditional Council, the Atta Igala occupies a fatherhood position to the entire state and ought not to have been seen chasing and championing a divisive agenda; an agenda that is antithetical to the unity efforts of Governor Yahaya Bello. The Ebira Youth Congress will like to place on record the maturity, so far, displayed by His Royal Majesty, Alh. (Dr.) Ado Ibrahim, the Ohinoyi Ebira in this sensitive matter. He has been able to calm nerves and thread the part of peace and civility. And he himself has remained calm and calculative even in the face of this unwarranted provocation. That is leadership,  and we are proud of this Royal father!

We are forced to ask: where lies the Atta’s moral standing to continue to preside over the Kogi State Traditional Council?* Against this background, *we call on the appropriate quarters to, in the interest of peace and togetherness, immediately institutionalize a rotational template for the chairmanship position of the Council.

We must understand that, in the distribution of both material and human resources in Kogi State, *there are enough for every tribe’s needs and not enough for the Igala’s greed!*

Conclusively, as a peaceful people, the youths of Ebiraland would like to once again reiterate their determination to remain unprovoked and will continue to toe the part of peace and civility in seeking redress as the state governor, Alh. Yahaya Adoza Bello has pleaded.

Ebira youths, be assured once again that as the Lord Lives, this *procured “corona 2020” judgment against our ancestral heritage shall not stand. No matter how long it takes, justice has always prevailed against injustice. And this will not be different.

Commission Empathizes With Nigerian Intending  Pilgrims Over Cancellation Of This Year’s Hajj

Hajj Commission chairman

The National Hajj Commission of Nigeria (NAHCON), has expressed gratitude to intending pilgrims who have to bear the brunt of the cancellation of this year’s hajj by the government of the Kingdom of Saudi Arabia.

The Commission said that it appreciated the outpour of interests and enquiries by stakeholders over the cancellation of international pilgrimage for 2020 Hajj, saying that there is no need for panic.

In a statement today, June 24, by the Head of Public Affairs, Fatima Sanda Usara, NAHCON said that it welcome the news of the cancellation with complete surrender to the will of the Almighty, even as it commended the Kingdom of Saudi Arabia “for this brave decision.

“NAHCON is sensitive to all the enquiries and concerns that greeted Saudi Arabia’s much awaited decision. Hence, the Commission assures the general public that as soon as its leadership fulfils all administrative, cum official requirements, the Chairman and Chief Executive Officer of NAHCON shall hold a press briefing where all your enquiries and way forward will be addressed.

“Meanwhile, NAHCON urges intending pilgrims to remain calm as necessary arrangements are in place to protect their interest. The Commission appreciates the prayers and support extended to it from all segments of the society.”

CBN Determined To Wade Through Challenges To Steer Economy From Recession – Spokesman 

Isaac Okorafor, CBN Spokesman
The spokesman of the Central Bank of Nigeria (CBN), Isaac Okorafor has made it clear that despite some challenges facing the country, part of which are man-made, the Bank’s Governor, Godwin Emefiele and his team are determined to do whatever it takes to steer the Nigerian economy away from the looming recession.
 He stressed that the fear the global impact of the Corona Virus, couple with the push by some vested interests to impugn the integrity of the Bank, will not deter the governor and his team from the target. .
Okorafor, who is the apex  Bank’s Director, Corporate Communications Department, Isaac Okorafor, made the points in Abuja in a chat with newsmen today, June 24.
He said that the Bank had uncovered sinister plans by some persons with selfish interests in Nigeria’s economic and socio-political space to distract the CBN and discredit the institution through deliberate misinformation, complete fabrications and outright lies.
He said that the Bank, in pursuit of its mandate enshrined in the CBN Act (2007), as Amended, will continue to strive to ensure accretion to the external reserves to safeguard the international value of the Naira, in addition to ensuring no individual or institution circumvents the system.
According to Okorafor, the Naira, in the past three years, had remained stable against other world currencies, due largely to strict measures put in place by the CBN to check cases of round-tripping. He said the Bank, working with other relevant agencies of government, had equally curtailed the activities of economic saboteurs neck-deep in smuggling and other economic crimes.
While noting that those opposed to the policies of the CBN will not relent in their effort to undermine the Bank, he said the Bank remained resolute to the dictates of its enabling Act and would not be distracted by subjective criticisms from persons who do not mean well for the general good of the Nigerian people and the economy.
He recalled that the CBN, under Emefiele’s leadership, had made genuine patriotic efforts at promoting economic growth and development through its intervention programmes, particularly in the agricultural sector, which he said led to the revamp of value chains across over ten agricultural commodities, including cotton, oil palm, fish, poultry, livestock and maize, among others. He cited the rice revolution under the Anchor Borrowers’ Programme (ABP) as a major contributor to shielding Nigeria from a food crisis when major rice producing countries of the world halted exports from their shores in the height of the corona virus (COVID-19).
Also alluding to the recent interventions of the Bank through the N50 billion Targeted Credit facility (TCF) for households and small businesses affected by the corona virus and the N100 billion Credit Support for the Health sector, Okorafor said the Bank remained people-oriented.
Continuing, the spokesman bemoaned a situation where persons with vested interest in the economy of the country and its socio-political landscape continued to misinform unsuspecting members of the policies of the Bank as well as impugn the integrity of the institution and its key officers.
Okorafor assured that the CBN remained committed to transparently pursue its mandate in the interest of majority of Nigerians rather than for the selfish interest of a few, stressing that majority of Nigerians were better informed and would not indulge in unpatriotic economic acts for selfish purposes.

BREAKING: APC Crisis: I Stand By Giadom, Will Attend The Meeting He Called – Buhari Opens Up

Victor Giadom
President Muhammadu Buhari has openly declared his recognition of Victor Giadom as the acting national chairman of the crisis ridden All Progressives Congress (APC).
In his word: “because I will always act in accordance with the law, I will be attending the virtual meeting Giadom called for tomorrow afternoon.”
In a statement today, June 24 declaring the position of the President in the crisis, senior special assistant to the President on media and publicity, Malam Garba Shehu said that the President has received very convincing advice on the position of the law as far as the situation in the party is concerned and has determined that the law is on the side of Victor Giadom as Acting National Chairman.
Advising the media to stop promoting manufactured controversies and to not give any further room for mischievous interpretations of the law on this matter, the presidency said that APC governors and leaders of the National Assembly will hopefully attend the meeting called by Giadom.

We Won’t Engage In Street Fight With Ghana Over Embassy Demolition -Presidency

The Presidency has made it clear that Nigeria will not engage in a street fight with Ghana over demolition of some apartments under construction in the Nigerian embassy in Ghana’s capital, Accra.

Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a chat with newsmen today, June 24, at the presidential villa, Abuja, said that both leaders will resolve the issue diplomatically.

“The President of Ghana has called and regretted the action and apologised to the President of Nigeria. I think he has shown leadership in the matter and what should Nigeria do; these are two leading countries in West Africa.

“Nigeria will not engage in a street fight with Ghana. This cannot happen. So, the two leaders, especially President Muhammadu Buhari, who is much respected in Africa, they all call him ‘Baba’ (Father), so he is bound to show restraint.

“Matters such as this when they arise, it is always better when they arise, they should be resolved diplomatically. No, there shouldn’t be a fight between Nigeria and Ghana, this will not happen.”

It would be recalled that President Nana Akufo-Addo of Ghana, had yesterday, June 23, called President Muhammadu Buhari on phone, to tender sincere apologies for demolition of a building on the premises of Nigerian High Commission in Accra, Ghana.

Akufo-Addo had informed President Buhari that he had directed full investigation into the incident.

Presidency Rebuffs “Controversial” Chairman Of APC, Giadom, In Aso Rock

Victor Giadom, | Credit: ThisDay

The Presidency has technically turned away the former Deputy National Secretary of the All Progressives Congress(APC) Victor Giadom, who is one of those parading as National Chairman of the ruling All Progressives Congress (APC).

Giadom was led to the Aso Rock Presidential Villa in Abuja today,  June 24, by the Ekiti State Governor, Dr.  Kayode Fayemi to meet with President Muhammadu Buhari.

Information reaching us at Greenbarge Reporters said that instead of meeting with the President, the Chief of Staff to the President, Professor Ibrahim Gambari, decided to host the guests.

The Chief of Staff, according to reports, subtly told Giadom and Fayemi that the President was done with work for the day and would not be able to receive them.

It was learnt that Fayemi had led Giadom to see Buhari to get endorsement for the emergency National Executive Council (NEC) he convened.

Fayemi is alleged to be one of the antagonists of the suspended national chairman, Adams Oshiomhole.

Polaris Bank Disburses Billions Of Naira Loan To Health Sector

Polaris Bank has launched what it called “a one-stop-solution to the health sector” under which it disbursed, in September 2019, billions of naira to support the growth of the Nigerian health sector through tailor-made banking products for businesses.

A statement from the bank said that the drive was re-enforced by the CBN N100 billion Health sector support fund set aside by the Apex Bank to help cushion the effect of coronavirus on the nation’s economy and the health sector in particular.

The Bank’s Group Head, Products and Market Development, Adebimpe Ihekuna, was quoted in the statement to have made the comment at the recently concluded webinar, tagged: “Managing Health Care Business During and Post-COVID-19.”

Eligible participants under the scheme comprise healthcare product manufacturers – pharmaceutical drugs and medical equipment; and healthcare service providers/medical facilities – hospitals/clinics, diagnostic centres/laboratories, fitness and wellness centres, rehabilitation centres, dialysis centres and blood banks. Others include pharmaceutical/medical products distribution and logistics services; and other human healthcare service providers as may be determined by the Central Bank Of Nigeria (CBN) from time to time.

Adebimpe explained that the chunk of the disbursements are under the CBN intervention funds at 5% and up to 10 years loan tenor; as well as direct disbursement from Polaris Bank at a with highly competitive terms and conditions.

She confirmed that healthcare firms/businesses in the value chain who wish to take advantage of the scheme to expand and grow their business, should submit their application at any branch of Polaris Bank or send a mail to: smebusiness@Polarisbanklimited.com to engage a Product Manager for guidance.
The statement said that applicants can visit the Polaris Bank website: www.polarisbanklimited.com for additional details on the CBN N100 billion Health sector support fund and other lines of products.

It said that the Bank is a future-determining Bank committed to the delivery of industry-defining products, and services, across all the sectors of the Nigerian economy.

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