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BOI to conduct Survey about N50,000 Federal Government Grant- FG

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The survey is related to the Presidential Conditional Grant Scheme (PCGS), a federal government initiative aimed at empowering nano businesses across Nigeria. This scheme provides financial grants of N50,000 to eligible small business owners in various sectors, such as trading, food services, ICT, transportation, creatives, and artisans.

The PCGS targets 70% women and youth, 10% people with disabilities, and 5% senior citizens, with the remaining 15% distributed to other demographics. The program’s primary objective is to unlock the potential of Nigeria’s entrepreneurial ecosystem and drive sustainable economic development at the grassroots level.

By participating in the survey, you’ll likely be asked about your experiences with the PCGS, its impact on your business, and potential areas for improvement. This feedback will help the Bank of Industry (BOI) and the Federal Ministry of Industry, Trade and Investment refine the program and better support small business owners in Nigeria.

Key aspects of the Presidential Conditional Grant Scheme (PCGS):

Eligibility: Nano business owners in various sectors, with a focus on women, youth, people with disabilities, and senior citizens.

Grant amount:N50,000 per beneficiary.

Target beneficiaries: 1,000,000 small businesses in 774 local government areas and the six council areas in the Federal Capital Territory (FCT)

Program goals:Empower nano businesses, drive sustainable economic development, and promote inclusive economic growth

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Plate number colours and what they indicate;

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Plate number colours and what they indicate;
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Plate number colours and what they indicate;

The plate number that is lettered in BLUE indicates a private owned vehicle.

While the RED lettered plate number indicates a vehicle used for commercial purpose.

Then the GREEN lettered plate number shows that the vehicle is government owned and is used by government officials.

Lastly, the BLACK lettered plate numbers are for members of the Armed Forces, that is, the Military/Paramilitary etc

So from the colour of a vehicle’s plate number, you can easily tell the purpose of the vehicle.

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PRESIDENT TINUBU CELEBRATES REVIVAL OF PORT HARCOURT REFINERY AND DIRECTS NNPC LIMITED TO PROMPTLY REACTIVATE WARRI AND KADUNA REFINERIES

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STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU CELEBRATES REVIVAL OF PORT HARCOURT REFINERY AND DIRECTS NNPC LIMITED TO PROMPTLY REACTIVATE WARRI AND KADUNA REFINERIES

President Bola Tinubu extends his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalization of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on November 26, 2024.

The President acknowledges the pivotal role of former President Muhammadu Buhari in initiating the comprehensive rehabilitation of all our refineries and expresses gratitude to the African Export-Import Bank for its confidence in financing this critical project.

Furthermore, President Tinubu commends the leadership of NNPC Limited’s Group Chief Executive Officer, Mr. Mele Kyari, whose unwavering dedication and commitment were instrumental in overcoming challenges to achieve this milestone.

With the successful revival of the Port Harcourt refinery, President Tinubu urges NNPC Limited to expedite the scheduled reactivation of both the second Port Harcourt refinery and the Warri and Kaduna refineries.

These efforts will significantly enhance domestic production capacity alongside the contributions of privately-owned refineries and make our country a major energy hub, with the gas sector also enjoying unprecedented attention by the administration.

The President underscores his administration’s determination to repair the nation’s refineries, aiming to eradicate the disheartening perception of Nigeria as a major crude oil producer that lacks the ability to refine its own resources for domestic consumption.

Highlighting the values of patience, integrity, and accountability in the rebuilding of the nation’s infrastructure, President Tinubu calls upon individuals, institutions, and citizens entrusted with responsibilities to maintain focus and uphold trust in their service to the nation.

In alignment with the Renewed Hope Agenda

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In Nigeria, overtaking a military convoy is regulated by various laws and guidelines to ensure national security, public safety, and respect for the military.

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In Nigeria, overtaking a military convoy is regulated by various laws and guidelines to ensure national security, public safety, and respect for the military. Key laws and regulations include:

*Laws:*

1. *Traffic Act (Cap T13, LFN 2004)*: Prohibits reckless or dangerous driving, including overtaking military convoys.
2. *Highway Code (2004)*: Regulates driving behavior, including overtaking and interacting with military vehicles.
3. *Road Traffic Act (2012)*: Mandates caution when approaching or passing military convoys.

*Military Regulations:*

1. *Armed Forces Act (Cap A20, LFN 2004)*: Empowers military personnel to maintain order and security.
2. *Nigerian Army Act (Cap N45, LFN 2004)*: Regulates military operations, including convoy movements.

*Penalties:*

1. *Traffic Act*: Fines (up to ₦50,000) or imprisonment (up to 2 years) for reckless driving.
2. *Highway Code*: Fines (up to ₦20,000) or imprisonment (up to 1 year) for violating traffic regulations.
3. *Road Traffic Act*: Fines (up to ₦100,000) or imprisonment (up to 5 years) for endangering lives.

*Guidelines:*

1. *Nigerian Army Guidelines*: Prohibit civilians from overtaking military convoys.
2. *Federal Road Safety Corps (FRSC) Guidelines*: Advise caution when approaching military vehicles.

*Consequences:*

1. *Security risks*: Overtaking military convoys can compromise national security.
2. *Safety risks*: Endangers lives of civilians, military personnel, and other road users.
3. *Damage to property*: May result in damage to vehicles or infrastructure.

*Best Practices:*

1. Exercise caution when approaching military convoys.
2. Maintain safe distance (at least 50 meters).
3. Avoid overtaking or cutting off military vehicles.
4. Follow traffic rules and regulations.
5. Cooperate with military personnel and traffic authorities.

*Please note that laws and regulations may change, and it’s essential to consult relevant authorities or legal experts for up-to-date information.*

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