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Tuesday, January 30, 2024

Foundation launches competition on alternative revenue generation in North-West

Mr Bonet urged the government to explore other sources of funding towards improving inclusion transparency.

• January 30, 2024
AID Foundation
AID Foundation[Credit: Facebook]

A group, AID Foundation in partnership with CISLAC, on Monday launched a competition for Nigerians to provide alternative ways of sourcing revenue for the development of states in the North-West.

Executive Director of the foundation, Emmanuel Bonet, made this known while addressing journalists in Kaduna on Monday.

He said the initiative was aimed at collating views of residents of the seven states in the zone on the diverse ways towards generating revenue by their individual state governments.

M r Bonet said there was a total sum of N700,000 to be won by residents of North-West with each state going with N100,000.

“Each contestant will either record a video or audio of not more than two minutes or write an essay of not more than 200 words outlining their suggestions. Their suggestions of what they think their various state governments should do to generate additional sources of revenue that can be used for the development of their states,” he said.

According to him, the competition is open to all ages from 18 who must be residents of the state they were providing solutions for.

He said that 14 judges had been selected from tertiary and professional institutions across the zone, adding that adherence to the rules of the game and time would be used in selecting the winners.

Mr Bonet explained that entries would be sent to @aidfoundation on Instagram, Facebook or Twitter while tagging @CAID_Nigeria and @cislacnigeria with the hashtag #NWDebtSolutions.

He urged the government to explore other sources of funding towards improving inclusion transparency, accountability and public finance management.

(NAN)

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