• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, July 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

CSOs Tasked On Financial Resilience For Sustainable Devt

by Innocent Odoh
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Civil Society Organizations (CSOs) in Nigeria have been tasked to build financial resilience in order to achieve sustainable growth and development in the country.

Advertisement

The Migration and Development Impact Foundation (MDIF), in collaboration with Ford Foundation, gave this admonition on Friday in Abuja at the opening of a two day capacity building workshop for CSOs tagged “Human Capacity Building Growth and Development–Future Forward”, which was held  in Abuja on Friday.

Chief executive officer, MDIF,  Margaret  Ukegbu  in her remarks highlighted the need to empower CSOs and individuals with the right tools to navigate economic challenges effectively.

She noted that when the CSOs are equipped with financial literacy training, access to resources and fostering entrepreneurship, they can address challenges in financial matters especially in business and investment.

She said “We found that CSOs have no room to have any kind of counselling and financial training to help navigate throughout their humanitarian services.

RELATED

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip

1 hour ago
Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

1 hour ago

“So we saw the need to train them to be financially stable and not just rely on aid; we want them to get involved in businesses, savings and investment.

 

“CSOs and NGOs need to learn how to fend for themselves post donation cycles; because some of them after they have received grants, you find that there is nothing left after a few months to start another project and they haven’t invested.”

 

Also speaking during the workshop, regional director (West Africa) of the Ford Foundation, Chichi Aniagolu, stressed that building financial resilience was crucial for CSOs as it will put them in a good position to address uncertainties, sustain their operations, and achieve long-term impact.

 

“We want CSOs to build reserves, diversify funding sources, and implement robust financial management practices, to withstand economic downturns, adapt to changing circumstances and continue serving their missions effectively.

 

“This resilience will foster sustainability, enhance credibility with donors and empower them to face financial challenges with agility and strength,”Aniagolu said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

AFAN Urges Early Distribution Of Inputs For Wet Season Farming

Next Post

Putin Begins His Next Presidential Term, Mulls Life Rule

Innocent Odoh

Innocent Odoh

You May Like

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip
Business

Aviation Fuel Soars To N1,315/Litre Despite Oil Price Dip

2025/07/07
Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts
Business

Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

2025/07/07
Lasaco Assurance Attains ISO/IEC 27001:2022 Certification
Business

Lasaco Assurance To Partner FG On Agric, Food Security

2025/07/07
Bridging Africa’s Tech Skills Gap: Heirs Technologies i-Academy Graduates 100
Business

Bridging Africa’s Tech Skills Gap: Heirs Technologies i-Academy Graduates 100

2025/07/07
9 States Receive N670.55bn 13% Oil Derivation Funds in 5 Months
Business

9 States Receive N670.55bn 13% Oil Derivation Funds in 5 Months

2025/07/07
Zenith Bank Finalises Plans For N290bn Rights Issue, Public Offer
Business

Zenith Bank, 12 Others Raise N1.899trn From New Share Listings

2025/07/07
Leadership Conference advertisement

LATEST

Gov Aiyedatiwa To Receive IAWPA’s Mayor Of Peace Award On Int’l Cooperative Day

BREAKING: Olubadan, Oba Olakulehin, Dies After 1 Year On Throne

Nigeria’s Enekwechi Sets New African Record In Men’s Shot Put

Apute Crowned Overall Winner At 2025 NOG Energy Week Golf Tourney

WAFCON 2024: Super Falcons Cruise To Winning Start, Thrash Tunisia 3-0

NNL Super 8: Crown FC Threaten To Challenge Khalifat FC Victory

NWFL: Bayelsa Queens Will Sign More Players, Says Coach

Transfer: Effimi Set To Join Rivers United

Napoli Should Convince Osimhen To Stay – Giordano

AGEless Emerges Brand Ambassador As Benue FA Chairman Launches Estate Company

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.