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5th WenA Conference: FG pledges reforms to boost women-owned businesses, inclusive growth

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5th WenA Conference: FG pledges reforms to boost women-owned businesses, inclusive growth

By: Michael Mike

The Presidency has lauded the invaluable contributions of Nigerian women and Small and Medium Enterprises (SMEs) to national development, describing them as the lifeblood of the country’s economy.

Speaking at the 5th Women Enterprise Alliance (WenA) Conference held in Abuja, the Senior Special Assistant to the President on Entrepreneurship Development and Innovation in the Digital Economy, Ms. Chayla Shagaya, reaffirmed the Federal Government’s commitment to strengthening the ecosystem for women entrepreneurs through targeted reforms that reduce the cost of doing business, expand access to finance, and promote gender-responsive policies for inclusive economic growth.

Themed “Policy Reforms and Resilience Strategies for Small and Medium Enterprises in a New Economy,” the conference brought together key policymakers, development partners, financiers, and entrepreneurs from across Nigeria.

Shagaya noted that under President Bola Tinubu’s Renewed Hope Agenda, women-led SMEs remain “the quiet economists of every household” and a central pillar of Nigeria’s economic resilience.

She said d: “Across Nigeria, women entrepreneurs are doing the hard work of keeping our economy alive — innovating, employing, and solving local problems with global relevance. About 70 per cent of public submissions on SME policy reforms came from women.”

She highlighted ongoing government reforms such as the Presidential Power Initiative, digital financing pathways, and tax harmonisation frameworks, all aimed at lowering operational costs for SMEs, most of which are women-led.

She further revealed partnerships between the Bank of Industry and other financial institutions aimed at improving access to affordable credit for female entrepreneurs, who often face challenges related to collateral.

“You no longer need to bring your grandmother’s land title to secure a loan,” she added humorously.

According to her, a digital feedback call recently hosted by her office received over 100,000 submissions, with more than 70 per cent coming from women business owners.

“This is no longer a time for policy on paper; it is time for policy that reaches people where they are — especially the women at the heart of our enterprise sector,” she affirmed.

In her address, the Founder of WenA, Aisha Babangida, described the conference as a platform to accelerate the translation of national and global policy commitments into measurable outcomes for women-led enterprises.

She underscored the need for continuous advocacy, lamenting that many women still lack access to information, capital, and markets, and are often constrained by rigid and complex regulatory frameworks.

She said: “When I founded WenA, I thought passion was enough. But it wasn’t. The paperwork, the tax codes, the licensing rules — these were heavy even for those of us with networks. Imagine what it’s like for a woman starting a micro-business in a rural town with little support.”

Babangida commended UN Women Nigeria for its Affirmative Action Procurement Reform Initiative in Kaduna State, which has introduced female representation on procurement boards, waived registration fees, and reserved a portion of public contracts for women-led enterprises.

“Inclusive procurement is not a concession to women; it is an economic strategy,” she emphasised.

She announced that WenA will soon launch a National Certification Programme to help women entrepreneurs qualify for public contracts through enhanced documentation, compliance, and capacity building.

She disclosed that: “Our goal is not to highlight problems but to unlock solutions. Today, we move from policy talk to practical tools — from exclusion to empowerment,” Babangida declared.

During the pre-conference policy workshop, Ms Aisha Bendo-Alkali of UN Women Nigeria highlighted the urgent need to address unpaid care work, a significant barrier limiting women’s participation in the economy.

Supported by the African Development Bank (AfDB) and Women Entrepreneurs Finance Initiative (We-Fi), the initiative promotes care-responsive policies and the integration of women’s economic empowerment into national planning.

“Reducing the burden of unpaid care is not just a gender equality goal — it is essential to unlocking national productivity,” she said, calling for the scale-up of inclusive procurement policies nationwide.

In his goodwill address, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zach Adedeji, unveiled key fiscal reforms designed to ease tax burdens on small businesses, especially those run by women.

He announced that, effective January 2026, businesses earning not more than ₦100 million in annual turnover will be exempted from corporate income tax — a measure he described as “a deliberate strategy to incentivise growth, not penalise enterprise.”

“Taxation should support the formalisation and scaling of small businesses — not stifle them,” he stated.

Adedeji also revealed the introduction of a Unified Tax Identification Number (UTIN), integrated across the Corporate Affairs Commission (CAC), FIRS, and other agencies to simplify compliance for SMEs.

He added that the FIRS is transitioning to fully digital tax filing and correspondence systems, eliminating paper-based bureaucracy.

The 5th WenA Conference attracted participation from senior government officials, development agencies, private sector leaders, and entrepreneurs — all reaffirming the central role of women in driving inclusive growth, job creation, and national resilience.

In her closing remarks, Aisha Babangida emphasised that real reform must be measured by tangible impact, not policy statements.

She said: “A real reform is when a woman in Kaduna, Aba, or Makurdi feels the change in her daily hustle — when she can register her business in minutes, access capital without fear, and supply to the government without discrimination.”

The event, supported by FIRS, FCMB, and UN Women, concluded with a collective pledge to advance a gender-inclusive economic framework that leaves no woman behind.

“Empowering women entrepreneurs is not charity,” Ms Shagaya asserted. “It is a national strategy — and the path to building a resilient and inclusive Nigerian economy.”

5th WenA Conference: FG pledges reforms to boost women-owned businesses, inclusive growth

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West African Leaders Move to Deepen Regional Security Cooperation at Accra Conference

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West African Leaders Move to Deepen Regional Security Cooperation at Accra Conference

By: Michael Mike

Leaders from several West African countries have agreed to pursue a new, structured approach to regional cooperation aimed at tackling terrorism, cross-border crime, and deepening insecurity across the sub-region.

The commitment was reached at the end of a two-day High-Level Consultative Conference on Regional Cooperation and Security held in Accra from January 29 to 30, 2026.

The meeting was chaired by Ghana’s President, John Dramani Mahama, with Presidents Julius Maada Bio of Sierra Leone and Joseph Boakai of Liberia leading their respective delegations.

Representatives from Burkina Faso, Mali, Mauritania, Nigeria, Senegal, and Togo also participated.

Discussions at the conference focused on the worsening security situation in West Africa, which leaders described as facing an alarming rise in terrorism and violent extremism. Participants noted that the frequency of attacks and loss of civilian lives now pose a serious threat to regional stability, economic activity, and social cohesion, making coordinated action unavoidable.

The conference followed earlier technical sessions involving Ministers of Foreign Affairs, Defence, and Security, as well as intelligence chiefs from participating states. Development partners, including the African Union Commission and the United Nations Development Programme (UNDP), alongside civil society organisations, contributed to the deliberations.

Leaders agreed that existing responses to insecurity have been too fragmented and largely reactive. As a result, the conference resolved to work toward a permanent framework for cooperation that would strengthen collective responses, improve information sharing, and address the structural drivers of insecurity across borders.

A key outcome of the meeting was a renewed emphasis on a human security approach, recognising that military measures alone cannot deliver lasting peace.

The leaders pledged to prioritise governance reforms, job creation, access to education and healthcare, and community-based peacebuilding as part of national and regional security strategies.

On counterterrorism, the conference agreed to enhance intelligence and information sharing, harmonise legal frameworks to support cross-border prosecution of terrorism-related crimes, and expand deradicalisation programmes while upholding human rights standards. Measures to combat trafficking in arms, narcotics, and persons were also highlighted.

To strengthen border security, participants committed to exploring joint operational measures, including possible “hot-pursuit” arrangements through bilateral or multilateral agreements. They further agreed to develop a foundational Memorandum of Understanding (MoU) on cooperation and security within six months, with Ghana’s Minister of Foreign Affairs tasked with leading the drafting process.

The conference also addressed humanitarian and climate-related challenges, recognising climate change as a factor that intensifies conflict and displacement. Leaders agreed to integrate climate and food security into regional peace planning and to work toward a shared disaster preparedness and humanitarian response framework.

At the close of the meeting, participants agreed to institutionalise the consultative conference as a bi-annual platform and to establish a mechanism for tracking and monitoring the implementation of agreed decisions.

The conference ended with a renewed pledge by regional leaders to translate commitments into concrete actions that safeguard lives, protect livelihoods, and strengthen stability across West Africa.

Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu led the country’s delegation to the meeting.

West African Leaders Move to Deepen Regional Security Cooperation at Accra Conference

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Troops storm bandit leader’s camp in Zamfara, neutralise 20, destroy stronghold

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Troops storm bandit leader’s camp in Zamfara, neutralise 20, destroy stronghold

By: Zagazola Makama

Troops of the 8 Division, Nigerian Army, operating under Sector 2 of Operation FANSAN YAMMA, have stormed the camp of a notorious bandit leader, Gwaska Dan Karmi, in Maru Local Government Area of Zamfara State, neutralising 20 terrorists and destroying the stronghold.

A military source told Zagazola Makama that the decisive, well-coordinated offensive followed credible intelligence that over 100 bandits had converged at the camp to plan coordinated attacks on communities and logistics movements.

According to the source, the troops, supported by the Nigerian Air Force, the Civilian Joint Task Force (CJTF) and local vigilantes, conducted week-long surveillance before moving to intercept the terrorists.

“Contact was established on Jan. 31, 2026, as the terrorists advanced. They engaged the troops in a fierce firefight and attempted a flanking manoeuvre, but this was repelled by superior firepower,” the source said.

He said 20 terrorists were neutralised in the encounter, while several others fled with gunshot wounds. Follow-up operations, the source added, were ongoing to assess further casualties and recover additional items.

The raid yielded significant recoveries, including assorted weapons and ammunition, bicycles, food supplies, medical drugs, clothing, detergents and other logistics materials.

“The Gwaska Dan Karmi camp was completely destroyed,” the source said.

He noted that troops remained highly motivated, with combat efficiency assessed as strong and unwavering.

Troops storm bandit leader’s camp in Zamfara, neutralise 20, destroy stronghold

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Army troops, police rescue abducted victim in Zamfara

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Army troops, police rescue abducted victim in Zamfara

By: Zagazola Makama

Army troops of Operation FANSAN YAMMA, in collaboration with the Zamfara State Police Command, have rescued an abducted man in Tsafe Local Government Area of the state.

Sources said that the incident occurred on Jan. 29, when armed bandits invaded the residence of Abdullahi Isah Nagari on the outskirts of Tsafe town and abducted him to an unknown destination.

According to the source, troops under Operation FANSAN YAMMA, in collaboration with the Divisional Police Officer (DPO) of Tsafe Division promptly mobilised to launch a coordinated rescue operation.

“During a thorough search of the surrounding bushes, the victim was successfully located and rescued. He was found tied to a tree with a machete cut injury on his hand,” the source said.

The sources added that the victim was immediately taken to the General Hospital, Tsafe, where he was receiving medical attention.

The source said efforts were ongoing to track down and arrest the perpetrators, while security patrols had been intensified in the area to prevent further occurrences.

Army troops, police rescue abducted victim in Zamfara

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