The Presidential Amnesty Programme (PAP) has launched a N1.5 billion cooperative fund – the Presidential Amnesty Programme (Beneficiaries) Cooperative Society Limited (PAPCOSOL) to give strategic empowerment directly to ex-agitators of the Niger Delta.
Launching the scheme at the Amnesty Office in Abuja on Wednesday, May 24, the Interim Administrator of the PAP, Major Gen. Barry Ndiomu (rtd), said the initiative is a “novel alternative economic development scheme” 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.
Ndiomu, who said the various reintegration empowerment programmes have delivered less fulfilling results, however, expressed confidence that the cooperative initiative “is considered the most practicable approach to ensuring the sustainable reintegration of ex-agitators”.
The PAP Interim Administrator further reiterated that the scheme which will be serviced monthly with N500 million, was birthed out of the need to encourage the ex-agitators who are fast ageing on, to explore more sustainable means of livelihood, rather than depending on the monthly N65,000 monthly stipend from the Federal Government.
He said the cooperative which already has offices in Delta, Bayelsa, and Rivers states would be closely supervised by the PAP office and would be run by an advisory board led by Justice Francis Tabai, a retired Supreme Court Justice, and other seasoned professionals and ex-agitators.
Ndiomu noted that the beneficiaries would be provided with technical support on their business ideas and would also get access to grants, adding that the core areas of the scheme would focus on agricultural value chain, services, and manufacturing.
Speaking at the event, Justice Tabai commended Ndiomu for championing the drive to reposition the PAP and transform the lives of Niger Deltans, promising that he would pour in his wealth of experience to ensure that the board delivers on its mandate.
On his part, a member representing Southern Ijaw Constituency I, who is also a beneficiary of the PAP, Hon. Felix Bonny Ayah, lauded Ndiomu for thinking out of the box on the initiative, stating that they as leaders will embrace the new thinking and give him maximum support.
Other members of the board are Major General Emmanuel Salubi (rtd), Comrade Joseph Evah, Henry Binidodogha Ekes – Egbema 1, and some ex-agitaors.
- Tinubu: I removed fuel subsidy to stop Nigeria from bankrupt - April 28, 2024
- Tinubu to Samsung: Nigeria, best place for tech investment - April 28, 2024
- Nigeria secures $600m investment with Danish shipping coy Maersk - April 28, 2024
