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Beneficiaries Laud US-Based Don’s Loan Scheme at First Anniversary Celebration

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Beneficiaries of the Ferefayo Empowerment Loan Scheme have commended its founder, Dr. Olatunde Olusesi, a United States–based university teacher, for transforming small-scale trading at Itoku Market, Abeokuta, through his zero-interest microloan initiative.

 

The commendations came on Tuesday, November 11, during the first anniversary celebration of the scheme, held under the Itoku Market bridge, venue of the annual Lorranisa 11/11 Day Celebration.

Launched last year on Dr. Olusesi’s 60th birthday, the loan scheme was established in memory of his late mother, Alhaja Anisat Amosa Olusesi, a successful trader at the same market before her passing in May 2024.

The scheme, now an integral part of the Ferefayo Empowerment Programme, provides petty traders with N25,000 microloans on flexible repayment terms.

 

Speaking at the event, Abolade Afeez, General Manager of Lorranisa 11/11 Enterprises and the Ferefayo Empowerment Programme, described this year’s celebration as “especially significant” for marking the first anniversary of the loan scheme and the fourth anniversary of the Lorranisa Tricycle Co-ownership Programme (LTCOP).

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According to him, “Both initiatives are aimed at helping low-income earners achieve sustainable livelihoods. While the microloan scheme targets traders, the tricycle programme enables members to co-own tricycles and pay gradually.”

 

Several beneficiaries testified to the positive impact of the scheme. Mrs. Keshinro, who represents a group of ready-made clothes sellers, said her cooperative group had successfully repaid their first loan and nearly completed payment on a second. “We’ve seen real progress in our businesses because of this opportunity,” she said.

Another trader, Kudirat Omotayo Ibrahim, representing the Itoku Market clothes sellers’ association, disclosed that a separate N1 million loan facility provided by Dr. Olusesi for clothes merchants had “greatly boosted” their trade.

Guest lecturer, Elder Olugbade Ogunsiji, praised the initiative but urged beneficiaries to adhere to repayment schedules, stressing that defaults hinder others from accessing the revolving fund. He also advised traders to cultivate a savings habit for long-term financial security.

 

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The celebration also featured free health checks in partnership with the Ogun State Health Centre, Oke-Ilewo, where attendees underwent blood pressure, sugar, malaria, and hepatitis tests.

 

In addition, the Federal Road Safety Corps (FRSC), represented by Adesanya Ademola of the Ibara Housing Estate Command, delivered a lecture on road safety ahead of the festive season.

 

Afeez revealed that over 300 people have benefited from the loan scheme since inception, expressing gratitude to contributors and investors, including the Baptist Boys’ High School Old Boys Association, for their support.

 

The event concluded with cash gifts to elderly attendees, marking a day of gratitude and renewed commitment to community empowerment.

 

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They didn’t call me fake when I campaigned for Obi, Archbishop hits back at critics over Tinubu endorsement

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The president-general of the Charismatic Bishops Conference of Nigeria (CBCN), Archbishop Leonard Kawas, has hit back at his critics by defending his support for President Bola Tinubu’s re-election bid, saying his involvement in Nigerian politics predates the current administration.

The Archbishop’s defence follows criticism of the group’s endorsement of Tinubu, with some Nigerians questioning his credentials as a bishop.

But speaking during an interview on Arise TV, Archbishop Kawas said he had spent 25 years in the clergy and supported political leaders in the past, including Olusegun Obasanjo, Goodluck Jonathan, Atiku Abubakar and Peter Obi, without being labelled a fake bishop.

“I travelled around this country with Doyin Okupe. I travelled around this country at 2 am with John Dara and others. We were campaigning from church to church, and nobody called me a fake bishop,” he said. 

“I campaigned for my leader, reverend Jolly Nyame, and he became governor of my state, Taraba state. He appointed me chairman of the Christian Welfare Board, and nobody called me fake then.

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“I supported Peter Obi at the initial stage of his presidential ambition. I went with him everywhere in Nigeria. And he never gave me one dollar, one naira.

 “Neither did he even ever ask me one day how I came to the campaign. He will just see me at the campaign, and we will pray for him. I paid for the transportation of six clergymen. And nobody called me fake. We were on television everywhere.”

Kawas said he supported Jonathan since his time as deputy governor of Bayelsa state and later joined in his presidential campaign.

“I was one of the people who prophesied that we would see him in Abuja. And he came to Abuja, and he became vice-president and then president from the doctrine of necessity,” Kawas said.

“And then he won the election. I was on his presidential campaign council. I was the only bishop in Goodluck Jonathan’s presidential campaign council, and I took the campaign everywhere. Nobody called me fake.

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“Is it now, because I have prayed and God has led me to support Bola Tinubu, that I suddenly become fake? he asked.

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NAF airstrikes kill over 18 high-profile terrorists, destroy logistics centres in Borno

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More than 18 terrorists have been neutralised in strikes by the Nigerian Air Force (NAF), while several logistics hubs at Tumbunma Baba in the Tumbuns general area of Borno State were destroyed.

According to a statement by the military on Friday, the operation, conducted by the Air Component of Operation Hadin Kai (OPHK), in coordination with ground troops of Sector 1, followed weeks of intelligence gathering and surveillance,

The Military Information Officer of OPHK, Capt. Mohammed Goni, said intelligence had indicated the presence of high-profile terrorist elements using the islands as meeting points and logistics nodes.

He said further surveillance and confirmatory Intelligence, Surveillance and Reconnaissance (ISR) operations conducted from Wednesday, September 9, pinpointed several terrorist structures and logistics hubs in the area.

According to him, the intelligence-led operation culminated in kinetic strikes in the early hours of Friday, September 11, after the targets were positively identified.

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“Following positive identification of the targets, the air platforms acquired and engaged the designated locations with precision munitions, with ground troops occupying all likely escape routes for further direct fire engagements,” he said.

Goni said the strikes destroyed the targeted structures and “neutralised over 18 terrorist elements”, disrupting terrorist activities and degrading their ability to use the enclave as a gathering and support base.

He said post-strike assessment indicated an estimated 85 per cent success in achieving the intended operational objectives.

The operation, he said, underscored the effectiveness of intelligence-led operations, timely ISR confirmation and the coordinated employment of air assets in synergy with ground troops.

Goni said OPHK would continue to work with other security agencies and stakeholders to deny terrorists the freedom to operate, regroup or establish logistics and support infrastructure across the North East.

“Working in concert with all security agencies and stakeholders, OPHK will continue to conduct intelligence-driven operations to deny terrorist elements the freedom to operate, regroup or establish logistics and support infrastructure across the Theatre,” he said.

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Nepal flood death toll crosses 1,000 as victims buried in mass graves

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No fewer than 1,050 people have died and nearly 4,000 people are still missing following last week’s devastating flooding in Nepal.

The death toll is reported to have risen to 1,050, while about 4,000 people remain missing, including 583 foreign nationals.

Also, specialised rescue teams from China, India and Nepal have reportedly built temporary bridges to reach remote areas in desperate efforts to rescue nearly 300 workers trapped inside tunnels.

Nepal’s disaster management authority ​said on Tuesday that no fewer than 639 people remain stranded in devastated hydropower stations that have become the focus of rescue efforts.

The disaster left at least ⁠2.2 million tons of debris, according to a preliminary estimate by the United Nations Development Programme (UNDP), including parts of buildings, rocks, and sediment.

“The amount of debris shows the scale ​of the destruction and the challenge communities face as they clear homes, roads and public spaces and begin to rebuild,” it said.

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In a social media post on Monday, Prime Minister Balendra Shah said
more than 11,000 people have been rescued, and power ​and communication lines were restored in some areas,

“We did not have the time to grab anything before fleeing,” said a survivor from the hard-hit Rasuwa district, who had walked to Nuwakot with scores of other survivors. “What we were wearing is the only pair of clothes we have. And even they are wet from rain.”

On Tuesday, the Nepali Army, in a social media post, said it rescued 119 people by air, including a British national.

“So far, the Nepal Army has rescued a total of 3,891 people by air, including 273 foreign nationals,” the army said.

Meanwhile, Nepal has begun burying victims of the flood in mass graves after taking DNA samples.

According to Nepalese authorities, 1,003 bodies had been recovered, with 3,916 people still unaccounted for.

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