Close Menu
Chronicle NG
    Trending Stories
    FG moves to secure new $1.25bn World Bank loan amid debt concerns

    World Bank restricts Instagram comments amid backlash over Nigeria’s $1.25bn loan talks

    May 14, 2026
    ADC south-south backs Amaechi for 2027 presidency

    Amaechi vows to turn Nigeria around if elected president

    May 14, 2026
    PDP govs reject Wike bloc’s consensus chairman

    Wike mocks Makinde’s presidential bid under ‘419’ party

    May 14, 2026
    Facebook X (Twitter) Instagram
    Trending
    • World Bank restricts Instagram comments amid backlash over Nigeria’s $1.25bn loan talks
    • Amaechi vows to turn Nigeria around if elected president
    • Wike mocks Makinde’s presidential bid under ‘419’ party
    • APC confirms May 23 for presidential primary, denies postponement claims
    • Tinubu invites Guinea’s Doumbouya for state visit to Nigeria
    • Wike-backed PDP faction begins screening aspirants for 2027 elections
    • Meta launches private ‘Incognito Chat’ for WhatsApp AI users
    • Nigeria, Rwanda deepen ties with visa-free travel, trade cooperation
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, May 15
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    FG kick-starts ex-militants scheme with N1.5bn

    Opalim LiftedBy Opalim LiftedMay 25, 2023No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Ex-militants of Niger Delta in a protest
    Ex-militants of Niger Delta in a protest
    Facebook Twitter WhatsApp

    The Nigerian government has issued N1.5 billion to kick-start a cooperation scheme introduced for repentant Niger-Delta militants.

    According to Barry Ndiomu, the President of the Presidential Amnesty Programme, the funds are for the scheme named ‘PAP Cooperative Society Limited (PAPCOSOL), which was launched on Wednesday, May 24, 2023, to enable ex-militants to start up enterprises that will enable them to become self-sufficient.

    He explained that the scheme was birthed in order to minimise their dependence on the N65,000 monthly stipend from the Federal Government.

    • Niger Delta: Ex-militants storm NASS, protest unpaid allowances

    Ndiomu stated that the funds, which are in the coffers of Providus Bank, would serve as a kick-start for the project and that his office planned to support it with N500 million monthly.

    Justice Francis Tabai, a retired Justice of the Supreme Court and member of the National Judicial Council, was appointed chairman to oversee the affairs of the scheme.

    “The whole essence of this scheme is to discourage reliance on the monthly stipends, which you will all agree with me has brought a culture of indolence and is not in our best interest. So, we have decided that rather than giving them fish, we should teach them how to fish,” Tabai said.

    In appreciation, Henry Ekes, the leader of the ex-militants, praised the Federal Government for introducing the scheme.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    EFCC declares Timipre Sylva wanted

    Timipre Sylva: Court orders takeover of ex-gov’s properties

    Atiku warns of protest, says Nigerians are hungry

    Atiku warns against suspending campaigns in north over insecurity

    Tinubu vows end to Plateau killings, orders 5,000-camera surveillance in Jos

    ADC criticizes Tinubu over Nigeria’s global terrorism index

    President Bola Tinubu during the signing of Nigeria’s 2026 budget amid IMF concerns over fiscal transparency and budget credibility.

    Tinubu approves incentive to revive $20bn Bonga deepwater project

    Police clear ex NDDC boss, others of N118m fraud allegations

    NDDC charges host communities to safeguard projects against vandalism

    ICPC raids El-Rufai’s residence amid probe

    ICPC raids El-Rufai’s residence amid probe

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    FG moves to secure new $1.25bn World Bank loan amid debt concerns

    World Bank restricts Instagram comments amid backlash over Nigeria’s $1.25bn loan talks

    May 14, 2026
    ADC south-south backs Amaechi for 2027 presidency

    Amaechi vows to turn Nigeria around if elected president

    May 14, 2026
    PDP govs reject Wike bloc’s consensus chairman

    Wike mocks Makinde’s presidential bid under ‘419’ party

    May 14, 2026
    APC national secretariat as party confirms May 23, 2026 presidential primary election date

    APC confirms May 23 for presidential primary, denies postponement claims

    May 14, 2026
    President Bola Tinubu speaking at the Africa Forward Summit in Nairobi, Kenya, on Nigeria’s rising debt servicing costs and economic reforms.

    Tinubu invites Guinea’s Doumbouya for state visit to Nigeria

    May 14, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.