Skip to content
August 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • PAP sets aside N1.5bn to drive entrepreneurship for Niger Delta ex-agitators
  • National News

PAP sets aside N1.5bn to drive entrepreneurship for Niger Delta ex-agitators

Admin May 25, 2023
Ndiomu

Retired Maj.-Gen. Barry Ndiomu

May 25, 2023

The Presidential Amnesty Programme (PAP) has launched a N1.5 billion Cooperative Fund – the PAP Beneficiaries Cooperative Society (PAPCOSOL Ltd.) to give strategic empowerment directly to ex-agitators of the Niger Delta.

Launching the scheme on Wednesday, the Interim Administrator of PAP, retired Maj.-Gen. Barry Ndiomu said the initiative was a novel alternative economic development scheme.

He said the initiative was designed to create a more viable means of sustainable livelihood for ex-agitators with socio-economic development of their communities and making them self-reliant.

“Over the years, various reintegration empowerment programmes have delivered less-fulfilling results. I am confident that this initiative is the most practicable approach to ensuring the sustainable reintegration of ex-agitators.

“The scheme which will be serviced monthly with N500 million was birthed out of the need to encourage ex-agitators who are fast ageing, to explore more sustainable means of livelihood.

“This is better than depending on the monthly N65,000 monthly stipends from the Federal Government.

“The cooperative, which already has offices in Delta, Bayelsa and Rivers, will be closely supervised by the PAP office.

“It would be run by an Advisory Board led by Justice. Francis Tabai, a retired Supreme Court judge, and other seasoned professionals and ex-agitators,’’ Ndiomu said.

Ndiomu noted that beneficiaries would be provided with technical support on their business ideas, and also get access to grants.

He added that the scheme would focus on agricultural value chain, services and manufacturing.

Ndiomu expressed regret that the monthly N65,000 stipends had introduced the culture of dependency and indolence in ex-agitators.

In his remarks, Tabai commended the Interim Administrator for championing the drive to reposition PAP and transform the lives of people of Niger Delta.

He promised to bring his wealth of experience to ensure that the board delivered on its mandate.

Similarly, Hon. Felix Ayah, (PDP-Southern Ijaw Constituency I), lauded Ndiomu for thinking out of the box on the initiative.

Ayah stated that he and other leaders of the region would embrace the new thinking and promised to give the PAP boss maximum support. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Hon. Felix Ayah PAP PAPCOSOL PDP Retired Maj.-Gen. Barry Ndiomu

Post navigation

Previous Buhari Yet to Dissolve Cabinet, Ministers to Work Till May 29 – Lai Mohammed
Next Meet Gozy Ijogun, the new CEO of Task Systems Limited

Related Stories

Osun 2026: Osun Assembly Member, 146 Suspected Political Thugs Arrested Over Alleged Electoral Subversio Police
  • National News

Osun 2026: Osun Assembly Member, 146 Suspected Political Thugs Arrested Over Alleged Electoral Subversio

August 15, 2026
Police nabs 10 suspected human parts merchants in Oyo Police
  • National News

Police nabs 10 suspected human parts merchants in Oyo

August 15, 2026
Military eliminates 65 terrorists, rescues 34 kidnap victims in 1 week onyeuko
  • National News

Military eliminates 65 terrorists, rescues 34 kidnap victims in 1 week

August 15, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Osun election: It’s Adeleke, probably!
  • Politics

Osun election: It’s Adeleke, probably!

August 16, 2026
Osun 2026: Osun Assembly Member, 146 Suspected Political Thugs Arrested Over Alleged Electoral Subversio Police
  • National News

Osun 2026: Osun Assembly Member, 146 Suspected Political Thugs Arrested Over Alleged Electoral Subversio

August 15, 2026
Police nabs 10 suspected human parts merchants in Oyo Police
  • National News

Police nabs 10 suspected human parts merchants in Oyo

August 15, 2026
Military eliminates 65 terrorists, rescues 34 kidnap victims in 1 week onyeuko
  • National News

Military eliminates 65 terrorists, rescues 34 kidnap victims in 1 week

August 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.