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    Nigeria: Kebbi secures $200m, ₦220b investments in energy, agriculture

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    Nigeria: Governors embrace practical lessons from Glo-Djigbé Industrial Zone to revive textile industry

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    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

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    MTN gives 20 startups N5m each in Cloud Accelerators programme

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    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    Nigeria: FG targets 11 new pharmaceutical manufacturing projects in 2026

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO, UNICEF say global immunisation improves, 13.5m infants remain unvaccinated

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola: Second infected U.S. citizen flown to Germany for treatment

    BPP dismisses alleged monetisation of Certificates of No Objection

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    Neptune Prime unveils Institute of Journalism, begins sale of application forms

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    Nigerians will no longer pay annual Digital Access Fees – NBC

    Nigerians will no longer pay annual Digital Access Fees – NBC

    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

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    TikTok yanks off 4m videos, disrupts 86,000 LIVE sessions in Nigeria

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  • NIGERIA
    Nigeria: Kebbi secures $200m, ₦220b investments in energy, agriculture

    Nigeria: Suspected bandits abduct Kebbi High Court judge

    Ondo Govt confirms promotion of 3,089 civil servants in 2025

    Nigeria: Ondo Senatorial candidate calls for rotation of governorship back to Central District

    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Tinubu replaces Olanrewaju with Olanrewaju-Smart for office of SA on National Assembly Matters

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    SERAP sues NNPCL over failure to account for alleged ₦211trn in oil money

    Senate tasks new Minister of State for Foreign Affairs, Amb. Enikanolaiye  on improving Nigeria’s global image

    Nigeria: FG shifts diaspora engagement from consular service to strategic partnership

    Nigeria: Governors embrace practical lessons from Glo-Djigbé Industrial Zone to revive textile industry

    Nigeria: Governors embrace practical lessons from Glo-Djigbé Industrial Zone to revive textile industry

    BPP dismisses alleged monetisation of Certificates of No Objection

    BPP, LBS eye procurement capacity building, research partnership

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: Northern leaders decry region’s challenges, emphasise values, strategic leadership

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: Tinubu highlights reforms in education, infrastructure, security

  • Entertainment
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    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

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    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

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    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Senator states, corporate organisations to contribute to NELFUND

    NELFUND to remain beyond lifespan of current administration – Alausa

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister says education central to $1trn economy by 2030

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: Tinubu highlights reforms in education, infrastructure, security

    Nigeria: FG uncovers 700,000 out- of-school children in one month

    Nigeria: Kaduna maps 187,719 out of school children to boost education planning

    Nigeria: FG inaugurates committee to end power outages in hospitals

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    EFCC, NIS move against cross-border financial crimes in Kano

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    Nigeria: FG moves to establish Armed Forces Medical College

    NERDC approves downward review of textbook assessment, ranking fees

  • Health
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    Coalition announces first human trial of Bundibugyo Ebola vaccine at Oxford

    NCDC calls for structured private sector co-investment to strengthen Nigeria’s health security

    Lassa Fever cases on the rise as death toll reaches 229 – NCDC

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    Nigeria: FG targets 11 new pharmaceutical manufacturing projects in 2026

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    WHO, UNICEF say global immunisation improves, 13.5m infants remain unvaccinated

    Ebola: WHO says 139 suspected dead, numbers expected to rise

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    FUTA holds 36th Convocation and Award of first Degrees, threatens to withdraw certificates of graduates found culpable of misconduct

    FUTA Teaching Hospital says no automatic absorption of UNIMEDTH staff

    • Health and Fitness
  • Media
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    TikTok removes 4.8m violative videos in Nigeria in Q2 2026

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    Nigerians will no longer pay annual Digital Access Fees – NBC

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    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

    Nigeria: FCCPC investigates possible exploitation in airfare price

    Tinubu directs FCCPC to investigate alleged infringement against Nigerian media organisations

    TikTok yanks off 4m videos, disrupts 86,000 LIVE sessions in Nigeria

    TikTok removes 12m violative videos in Sub-Saharan Africa

    INEC urges media to expose vote buying ahead of Osun governorship election

    INEC urges media to expose vote buying ahead of Osun governorship election

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    NAICOM charges brokers to strengthen professionalism, public trust

    Lagos building insurance scheme gets NAICOM, NIA endorsements

    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Tinubu urges Nigerians medical professionals in Diaspora to return home, strengthen Nigeria’s health sector

    TikTok yanks off 4m videos, disrupts 86,000 LIVE sessions in Nigeria

    TikTok removes 4.8m violative videos in Nigeria in Q2 2026

    NDDC set for full automation of procurement processes by April

    NDDC completes 600km of roads in 3 years

    Nigeria:  Abducted Oyo schoolchildren, teachers rescued by security forces

    Oyo school abduction: Suspected terrorist plead guilty to terrorism charge

    CBN puts external reserves $52b

    CBN puts external reserves $52b

    • Politics
    • Opinion
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    U.S. border control wants 5-year check on tourists’ social media

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    Trump expects payment for Strait of Hormuz control

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    Ukraine sets Russian refinery ablaze in fresh drone attack

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    15th Five-Year Plan: What China’s development means to the world

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

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    Nigeria Professional Football Leaegue champions to get  ₦1b prize money

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    Liverpool appoint Spaniard Iraola as new boss

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    World Bicycle Day 2026: BrandEscort reaffirms commitment to promoting a greener future through Cycling Lagos, Cycling Kano

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    FG eyes digital standards platform to boost confidence in Nigerian products 

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Benue Investment unveils $500m business plans for IDPs empowerment

by Worldstage News
July 10, 2024
in Finance, NIGERIA
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WorldStage Newsonline– The Benue Investment and Property Company (BIPC) has unveiled a 500 million dollars business model to empower Internally Displaced Persons (IDPs) in Benue and reintegrate them back to their various communities.

Its Managing Director, Dr Raymond Asemakaha who disclosed this on Wednesday in Makurdi when he received a delegation from the United Nations High Commissioner on Refugees (UNHCR) explained that the company planned to support IDPs through the model by making them self-reliant and by allocating 15 per cent or micro- employment opportunities to them for their sustainability.

The managing director expressed hope that BIPC would get N500 million grant from the United Nations (UN) to expand their businesses for effective accommodation of the IDPs.

He also said that when effectively implemented, the business model would see 45 per cent of the displaced persons self-reliant.

He said those to be considered for the micro- employment opportunities would be between the ages of 18 to 45 years.

“Benue has about 1.5 million IDPs and 12,000 refugees. We want them to have a happy life. We want them to stay on their own and feel that they can pay their bills without running to UN on monthly basis.

“It is important that we partner to ensure that we have this model. We are not necessarily looking for your cash. We are looking for our businesses to expand to provide micro-employments to them.

“We intend to have 30 businesses, and for every business that we are doing we will incorporate 15 per cent of them who are between the ages of 18 to 45 years.

“At the end of the day, we will be able to successfully take about 45 per cent of IDPs, that is more than 600,000 of them going by the current figures you have.

”That is the model that we are presenting to you today”, he said

Responding, Mr Arjiun Jain, the UNHCR Country Representative, said that any agreement would be signed with the state government and not a company.

Jain said the situation of the IDPs was terrible, adding that after six years, IDPs should not be sleeping in makeshift houses where their homes were the size of their mattresses.

He said they were in the state to look for paradigm shift where the IDPs no longer depend on handouts but get solutions that would enable them feel like equal citizens of their country again.

“These are Nigerians in Nigeria in the Food Basket state that are going hungry every day. It seems very strange that this is happening not for six days, six months but for more than six years.

“I can say very openly that some of the camps that I saw are probably the worst I have seen. After six years, people should not be living in makeshift tents.

”After six years, they should not be living in homes that are the size of their mattresses when they can’t stand up straight in their rooms.

“We are here to look for a paradigm shift where we don’t give handouts but look at solutions where they can feel as equal citizens and have access basic to amenities”, he said.

He added that the UNHCR was curious to see the model and urged the BIPC management to provide it with all the details for effective understanding.

Earlier, Irene Omondi, UNHCR-Sub Office Head, Ogoja covering Cross Rivers, Taraba and Benue, said it was indeed glad that solutions to the humanitarian crises in the state could be found.

Omondi expressed UNHCR’s readiness to partner with relevant authorities to assist to build the capacity of those displaced for their self- reliance and human dignity.

Tags: Benue Investment and Property CompanyDr Raymond Asemakaha
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