Senator Ndume: The Man That Understands Sustainable Governance, Development

For the last hundred years, the global south has been the epicenter of poverty. On a daily basis 426 children are at risk of death in Sub-Saharan Africa. Therefore, issues of social development and poverty alleviation must be taken seriously. Different philosophers at different points have pointed at different reasons as the course of poverty.

In Nigeria, successive governments have rolled out numerous social development schemes- which appear perfect on paper. However, these schemes have fallen short of long-term impact. Many may fault successive governments for the failure of previous and current social development schemes.

What analysts have failed to study is the implementation process. There must be a constituted authority or a political force at least to complement the government in implementing and deepening the impact of these schemes.

It is no news that Boko haram insurgency has had a devastating impact on the businesses and livelihood of the people of Borno and the country at large.

In addition, the outbreak of the COVID-19 Pandemic in 2019, which has had severe consequences on households’ livelihoods and business activities, and resulted in massive drop in global trade and businesses, declined consumer confidence and slowed down production of Goods and Services.

The Southern part of Borno state due to its geography has been more affected than other parts of the country.
Senator Mohammed Ali Ndume has chosen to do things differently to create more impact. After Central Bank of Nigeria (CBN) introduced the N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic and also trigger economic rebound, Ndume, initiated a group to come up with a training and sensitization formula to compliment the government’s effort.

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Across the country, this loan has been misused as a large population of people see whatever comes from the government as free money that they have earned due to trials and difficulty they ate facing; money that should not be put to good use, rather should be spent on short term goals and nothing can be done about it.

Senator Mohammed Ali Ndume representing Southern Borno in the Senate, in his efforts to make sure his constituency conforms with sustainable development tenets, especially as they have been bedeviled by poverty caused by insecurity, has ensured excellent representation for his people and ensured that almost 4000 individuals benefited from the CBN NIRSAL Targeted Credit Facility for COVID-19 for his constituents to support their households and Micro, Small and Medium Enterprises (MSMEs) etc. Majority of whom are educated youth who form the large part of the population.
ABOUT THE LOAN
This grant is specifically design by the CBN to Support citizens whose household and business have been affected negatively by the COVID-19 pandemic and insurgency. The Loans will assist the beneficiaries in the process of building a business and maintaining their lifestyle, or expanding existing businesses.

OBJECTIVES OF THIS LOAN
The basic objectives of the LOAN are:
➢ To Cushion the adverse effects of COVID-19 on households and MSMEs in the country.
➢ To Support households and MSMEs whose economic activities have been significantly disrupted by the COVID-19 pandemic.
➢ To also Stimulate/support MSMEs to expand their productive capacity through equipment upgrade, research and development.

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OBJECTIVES OF THE TRAINING
This training is intended to achieve the following goals:
• Sensitize and educate beneficiaries on the importance of this loan
• Suggest practical and productive businesses that they can engage in
• Guide existing SME Business owners on how to further build and promote their existing business, ie: importance of book keeping, registering business names and paying tax to link with the intention of the TCF funds
• To get feedback on challenges of beneficiaries and possibly provide a data base for monitoring and tracking the progress of beneficiaries.

I wish to extend my gratitude first, to the government of president Muhammadu Buhari for giving Nigerians and especially the people of Southern Borno this unique opportunity to readdress poverty and set a new trend in capacity building and economic revolution. To our most Distinguished Senator Mohammed Ali Ndume, words cannot express our appreciation and gratitude for this selfless efforts in securing this unique opportunity for his people.
He has indeed proven to be a leader by fulfilling one of the campaigns promises he made of ensuring excellent representation of his people and he is still willing and able to carry out more as our lawful and energetic servant in the Senate of the Federal Republic of Nigeria.
Senator Mohammed Ali Ndume represents the breed of leaders the third world needs to advance. He has proven to be the bridge that connects the old and the new generations. He has indeed showed his willingness to work with the youth and lead them to the bright future that is not far from now.

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Ibrahim Abubakar is a Political analyst and Convener, Greater Southern Borno.

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