International advocacy organisation Global Citizen and Nigeria Sovereign Investment Authority (NSIA) have partnered to create the Nigeria Solidarity Support Fund (NSSF), a fund for Nigerians by Nigerians to combat the devastating effects brought on the people of Nigeria by COVID-19 and its associated restrictions. The COVID-19 pandemic has impacted the lives of every Nigerian, healthcare systems have become overwhelmed and need critical support. The Nigeria Solidarity Support Fund has been created to support vulnerable groups, strengthen Nigeria’s healthcare systems and reskill the Nigerian youth for a post-COVID-19 era.
“We all have a part to play in improving the lives of our fellow Nigerians. Now is the time that we can make a difference, whether you are a corporate or an individual there is a role for you. In order for this fund to be a success, we need the whole country to get behind us and donate. This fund has been created by Nigerians, for Nigerians for the betterment of our country,” said Tijani Babatunde Folawiyo, Chairman Global Citizen Nigeria.
With an initial target of $50 million, the NSSF hopes to raise donations from Nigerians in the country as well as in the diaspora, multilateral organisations, philanthropists, HNIs, corporates, the public sector and international businesses.
Grants will be awarded to fund projects that support three core objectives of NSSF. The fund will target Nigeria’s most vulnerable communities and will vary across initiatives determined by the Nigeria Solidarity Support Fund Statutory Board, who will set grant floors and ceilings.
The NSSF has set three core COVID-19 response, mitigation, recovery and resilience objectives: Supporting the most vulnerable; strengthening healthcare systems; and re-skilling and re-tooling Nigerians: Funds will support human capital development to address the skills gap required to strengthen the nation’s labour market and meet the demands of a changing workforce in the aftermath of the COVID-19 pandemic.
The NSSF is subject to a three-tier governance system aimed at ensuring that all contributions to the Fund are recognised, accounted for and effectively managed, and to ensure that all disbursements are aligned with the Fund’s mandate and the impact thereof is measured and reported.
Governed by a Statutory Board made up of experienced and reputable board members the NSSF is independently administered and transparently managed through a fund management system which aims to ensure that all contributions are responsibly administered and disbursed in order to have the greatest possible impact in combating the COVID-19 pandemic and lessening its effects.
“We have an extremely experienced and highly regarded Board of Directors in place who are actively involved in the day to day running of the trust. The team have worked tirelessly behind the scenes to ensure that all the necessary governance and procedures are in place for a transparent fund and to give all donors the peace of mind that their funds are going directly to the people that need it most. We are all very proud of what we have created, and hope that all Nigerians will now support it,” commented Uche Orji, Manager Director and Chief Executive Officer, NSIA.
It is quick and easy to support the NSSF by pledging your support and actively making a difference, no amount is too small.
The fund will initially run for 18 months with strong plans to sustain its existence to ensure the overall objectives are met.
Aigboje Aig-Imoukhuede, Vice Chairman, Global Citizen Nigeria concluded: “We are proud that as Nigerians we can rally to support the most vulnerable in our society, and we look forward to making a significant impact in combating the tragic effects of the COVID-19 pandemic.”
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Lessons From Fani-Kayode’s ‘Stupid’
The Femi Fani-Kayode experience was needless and plainly avoidable. But something tells me it won’t be the last. There is the feeling today in power circles that because of the ascendancy of the Internet and its platforms of social engagements, the press as we knew it is now impotent and could be humiliated and called stupid without consequences. The truth of the media’s undying powers should be clear in what Femi just went through…
Buhari Approves Transfer Of NIMC To Communications Ministry
President Muhammadu Buhari has approved the transfer of the National Identity Management Commission (NIMC) to the Federal Ministry of Communications and Digital Economy. A statement signed by the Minister‘s Spokesperson, Mrs Uwa Suleiman, on Monday in Abuja, said that the approval was based on Buhari’s consideration for the critical role of NIMC towards the realisation of the objectives of the National Digital Economy Policy and…
Ogunyemi, a promoter of Yoruba culture, until his death was a prominent member of Council…
The US is actively welcoming skilled professionals who can make long-term contributions, and this workshop…
Fraudulent election is there and many more. Leave Nigerians alone”, Adedipe Oluwatosin wrote.
The Orumba South Local Government Area of Anambra State has commenced the clearing and desilting…
The Assistant Inspector General (AIG) of Police in charge of Zone 12, which comprises Bauchi…
Prime Minister Narendra Modi said the country would hunt the suspects "till the ends of…
This website uses cookies.