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Canada imposes sanctions on Putin’s daughters

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Putin daughters

Canada announced on Tuesday that it would place sanctions on 14 associates of the Russian government, including President Vladimir Putin’s two daughters.

Mélanie Joly, Canada’s Minister of Foreign Affairs said in a statement that they would answer for their crimes.

“We will continue to impose severe costs on the Russian regime in coordination with our allies and will relentlessly pursue accountability for their actions,” Joly stated.

Putin’s daughters, Maria Putina and Katerina Tikhonova, have already felt the economic impact of the Russia-Ukraine war.

Few details are known about the two since Putin has kept them out of public glare for security concerns.

Their mother is Lyudmila Putina, who was married to the president before they ended their relationship in 2013.

Maria leads Russia’s state-funded programme that work on genetic programmes overseen by the Kremlin, while Katerina works on publicly-funded projects at Moscow State University and oversees an artificial intelligence institute.

The U.S. Treasury Department reports that Katerina also does work supporting the Russian defence industry.

It was not publicly known that Maria is Putin’s daughter until 2015, when blogger Oleg Kashin published the news, considering her surname is from her grandmother.

She is reportedly married to Dutch businessman Jorrit Joost Faassen.

Katerina married Russian businessman Kirill Shamalov in 2013, but they divorced in 2018.

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FCTA fear-stricken over influx of beggars from states with security challenges

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lagos BEGGARS

The Federal Capital Territory (FCT), Social Development Secretariat has lamented the alarming influx of beggars into the territory in recent times. The Secretariat which blamed the ugly trend on the unending insecurity in some states of the North, described the situation as overwhelming.

The Acting Director, Social Welfare Department of the Secretariat, Sani Amar disclosed this on Tuesday when participants of the senior executive course 44, 2022 of the National Institute for Policy and Strategic Studies, Jos visited the FCT Vocational and Rehabilitation Centre, Bwari.

Amar also frowned at the United Nation’s human rights act which prohibits the detention of arrested persons beyond three days, noting that such provisions have also served as catalysts for the swelling number of beggars in the city.

The Director explained that the secretariat has been struggling to keep the streets of Abuja free of beggars and destitute lately, but noticed that its efforts have not yielded the desired result.

He expressed concerns that before now, its officials usually arrest between 20-25 beggars during their routine sanitation exercises. The situation he added, has changed drastically as officials of the Secretariat now arrest over 100 beggars and destitute in one single operation.

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While calling for the need for the government and the council of states to act fast by pushing for legislation that will criminalize begging, he added that if punitive actions are meted at those who hide under the cover of begging to defraud innocent Nigerians, the menace will stop.

He, therefore, called on neighbouring states of the FCT, particularly those at its northern borders to put in place policies that will discourage the brewing of street begging as the FCT ends up being at the receiving end of the consequences of the menace.

“What we notice, the recent influx of beggars in the city is so overwhelming. In a day before, when we go round, we apprehend about 20 people, but now in one spot, we arrest 100 plus.

“And our major problem is the United Nations human rights act that says you can’t detain human beings beyond three days and then couple with the fact that their feeding is cost, so these people have made it just like a business.

“The insurgency, banditry, in the North generally is too much. The beggars now are not people with disability. Majority of them are able-bodied, with their women and children. I think there is need for government to see if the council of states can do something about this influx so that states responsible can provide succour for the beggars”

“So what we are trying we are trying to do now is to advise the authorities if they can explore any law/act that will at least make it deterrent to anybody because so many of them were apprehended with a huge amount of money.

“Some with 120,000 naira, 200,000 naira and they are yet begging”. He stated.

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Advans La Fayette MFB unveils education loans to support school owners, parents

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Approved Advans Boost Logo

Advans La Fayette MFB Limited, a leading microfinance bank supporting small businesses, and a member of Advans Group, Tuesday launched education loan products to assist school owners and parents respectively to run their schools and pay school fees with ease.

The new products according to a press release signed by the Marketing and Communication Manager of the firm, Kayode Abraham are Advans Boost, comprising of Advans School Boost and Advans Eduloan. Advans School Boost is designed to provide working and investment capital for school owners while AdvansEduloan is to assist parents to pay their children’s school fees with ease.

The third product is the Advans Kiddies, which is a high-yield savings account to help parents save towards the future of their children while still earning interest.

In his welcome remarks at the launch and Stakeholders’ Engagement event held at the Shoregate Hotels, Ikeja, Lagos; the Managing Director, Advans La Fayette MFB Limited, GaëtanDebuchy, said, “We recognized that lack of finance is one of the biggest banes of education.

He related that the Bank was emboldened by the fact that investment in quality education yields the best dividend, hence, created these products to offer solutions to the challenge, noting that as a leading microfinance bank, the financial institution focused on providing premium financial services to our customers.”

Speaking at the event, the Project Manager, Advans La Fayette MFB, Fanny Belhomme, said, “Advans School Boost allows school owners to access loans up to 75 million Naira to cover school expenses. The loan has a very competitive interest rate, a flexible repayment plan and no hidden costs.

“Parents can access up to N500,000 with the AdvansEduloan, to pay their children’s school fees. The loan is easy to access, with a low-interest rate and flexible repayment plans”, she added.

The Marketing and Communication Manager of the firm, Abraham, said, “The process of accessing the education loans is neither rigorous nor daunting.

He directed the applicant to simply visit the website: www.advansnigeria.com to complete the application form and receive the funds immediately, if eligible.”

Advans Nigeria is a member of Advans Group; a leading international microfinance group currently serving over 1.1 million clients in 10 countries including Cambodia, Cameroon, Ghana, Democratic Republic of Congo, Cote d’Ivoire, Pakistan, Nigeria, Tunisia and Myanmar. For more than 15 years, the bank has offered a complete range of financial services that has helped build over 4 million small businesses.

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