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FG disburses N1.3 Billion to support nano- businesses in Borno

FG disburses N1.3 Billion to support nano- businesses in Borno
By: Our Reporter
The Federal Government, under the Presidential Conditional Grant Scheme (PCGS), has disbursed ₦1.322 billion to bolster nano-businesses in Borno State.
NAN report that the initiative was part of interventions following the removal of fuel subsidy, has directly benefitted 26,540 small-scale entrepreneurs across the state’s 27 local government areas.
Borno Governor Babagana Zulum, disclosed this on Friday at Federal Government town hall meeting on loan and grant scheme in Maiduguri on Friday.
Zulum represented by Dr. Abubakar Muhammed, Permanent Secretary Establishment and Service Matters, said that the grants, facilitated by the Bank of Industry in collaboration with the Borno State Government.
He said that the scheme aim to empower traders, artisans, ICT operators, food service providers, and transporters with ₦50,000 each to enhance their operations.
He explained that the disbursement in Borno State represents a critical component of the Federal Government’s commitment to supporting local economies and vulnerable groups.
“With a total of 810,945 beneficiaries nationwide, the program ensures that Borno’s entrepreneurs receive the necessary support to thrive in challenging economic times.
According to him, the PCGS initiative in Borno is expected to boost small businesses, create employment opportunities, and contribute to the overall economic recovery of the state, which continues to rebuild in the aftermath of insurgency and other challenges.
Mr Muktar Musa, State Manager of the Banki of Industry Maiduguri, said that Federal Government has disbursed over ₦40 billion from the approved ₦50 billion to support nano businesses across the 774 local government areas in Nigeria.
Musa said that the scheme, introduced as part of interventions following the removal of fuel subsidy, targets one million beneficiaries.
The PCGS, implemented in collaboration with state governments and facilitated by the Bank of Industry, aims to uplift traders, ICT operators, food service providers, transporters, and artisans with ₦50,000 grants per beneficiary.
While highlighting the progress of the scheme, he noted that North West states received the highest disbursement of ₦10 billion, followed by North Central with ₦6.6 billion, and North East with ₦5.9 billion. South East benefitted from ₦4.8 billion, while other zones are awaiting final reports.
He said that a breakdown of the disbursements reveals that 70% of the beneficiaries are women and youth, with a deliberate focus on empowering these demographics.
“Additionally, 10% of the funds have gone to persons with disabilities, 5% to senior citizens (primarily pensioners), and 15% to other demographic groups, ensuring an inclusive approach.
“As of now, 810,945 beneficiaries have been supported across the country, leaving approximately ₦10 billion to be disbursed.
“This intervention, part of a nationwide initiative to cushion the effects of fuel subsidy removal, has benefitted 26,540 small-scale entrepreneurs across the state’s 27 local government areas,”he said.
“It also underscores the Federal Government’s commitment to supporting local economies and vulnerable groups in the aftermath of subsidy removal.
“In the South-East region, 96,000 beneficiaries across 95 local governments have received grants, while the South-South recorded over 117,000 beneficiaries in 123 local governments. The South-West saw over 146,000 beneficiaries across 137 local governments.
“In Borno State, the initiative has provided critical support to various sectors, including traders, artisans, ICT operators, food service providers, and transporters.
“Beneficiaries received grants of ₦50,000 each, with the disbursements facilitated by the Bank of Industry in collaboration with state governments,”he said.
He noted that the PCGS was expected to bolster economic activities in targeted sectors, providing a cushion for nano businesses and vulnerable groups in the aftermath of the subsidy removal.
According to him, the beneficiaries were selected based on criteria such as possession of a BVN, NIN, and evidence of business premises.
He praised the seamless execution of the scheme attributed to collaboration with the National Assembly and other critical stakeholders.
FG disburses N1.3 Billion to support nano- businesses in Borno
News
Fresh Babcock graduate found dead in hostel, police begin investigation

Fresh Babcock graduate found dead in hostel, police begin investigation
By: Zagazola Makama
The Ogun State Police Command has commenced investigation into the sudden death of a 20-year-old fresh graduate of Information Technology from Babcock University, Ilisan Remo.
Security sources told Zagazola Makama that the deceased, identified as Akawa Boluwatife Samuel, was brought to the Babcock University Teaching Hospital by his roommates on Wednesday and was confirmed dead by the medical doctor on duty.
Police detectives who visited the scene said one of the deceased’s roommates, Adili Leonard Chimdindu, disclosed that Boluwatife had complained of cold and difficulty in breathing on July 27, and was advised to visit the University Medical Centre.
According to him, they were on campus to complete their clearance process ahead of graduation, and the deceased had planned to return home soon.
He further stated that the deceased was in good spirits the previous night and played games on his laptop until around 11:00 p.m. He was, however, found unresponsive by morning.
Photographs of the deceased were taken, and the statement of his elder brother, Akawa Toluwanimi John, was recorded.
The body has been deposited at the university morgue for autopsy and preservation, while investigations are ongoing to determine the cause of death.
Fresh Babcock graduate found dead in hostel, police begin investigation
News
Community leader decries terrorists’ occupation of 7 Plateau communities

Community leader decries terrorists’ occupation of 7 Plateau communities
By: Michael Mike
The Waziri Mushere and community leader in Plateau, Chief Yohana Margif has raised alarm over terrorists’ current occupation of seven villages in Mushere community after displacing the inhabitants from their ancestral homes.
Margif in a statement issued on Friday, expressed his shock over the new development, and listed the occupied villages as Hokk, Kaban, Kadim, Nawula, Dulu, Mbor and Margif.
According to him, the seven communities, which are all in Mushere Chiefdom of Bokkos Local Government Area of Plateau state were recently attacked and ravaged by the terrorists, who killed many of the inhabitants and displaced thousands.
He said that for over three months now, the beleaguered communities had been under relentless terrorist attacks and siege, forcing them to flee their incestral homes to take shelter at Internally Displaced Persons’ (IDP) camps.
Margif said that the Fulani invaders, who have taken over their villages, are shockingly building their tents with their cattle gracing on their farms with impunity.
He noted that this was in spite of the state government’s claim that no part of the state was under terrorists’ occupation.
He said: “Am still in a state of shock by the governor’s claim that no part of Plateau State is under the control of bandit terrorists.
“My people have been forced to live in the wilderness at this critical period of the year when they are supposed to be in their farms.
“The terrorists who were previously called unknown gunmen are now known, as they have now set up tents in our lands on which their cattle are grazing, which is visible for everybody to see,” he said.
The Labour Party chieftain and gubernatorial hopeful, who lost his bid for the Plateau State governorship seat in the 2023 elections, stressed that terrorists who have built tents and are openly carrying guns around can no longer be regarded as unknown.
He said that the reality on ground contradicted the governor’s assertion as these communities have been practically and brazenly taken over by terrorists, who have usurped their lands and livestock.
“Enough is enough of this, government has abdicated its responsibility of protecting its citizens for too long.
“Now that the terrorists’ identity is known, let the relevant authorities direct the security agencies to go after them, so that our people can return to their ancestral homes.
“The Plateau State government must take immediate and decisive actions to restore peace and security of the communities because the people deserve protection, justice and the right to live in their ancestral homes without fear,” he emphasised.
Margif suggested that government should immediately direct security agencies to flush out the terrorists from the seven affected communities and smoke them out of their well-known sanctuaries in surrounding hills.
He also urged relevant authorities to take decisive steps to address the humanitarian challenges by providing relief to the distraught inhabitants who are currently taking shelter at lDP camps.
Community leader decries terrorists’ occupation of 7 Plateau communities
News
Gombe Gov. urges corps members to support state devt

Gombe Gov. urges corps members to support state devt
Gov. Inuwa Yahaya of Gombe State on Friday urged corps members deployed to the state to contribute meaningfully to its development during their service year.
He made the call while declaring open the 2025 Batch ‘B’ Stream I Orientation Course at the temporary NYSC orientation camp in Akko Local Government Area.
The governor represented by the Commissioner for Youth and Sports Development, Mr Inuwa Ibrahim, described corps members as critical stakeholders in nation-building.
Yahaya noted that the immediate past set of corps members had contributed significantly through community development projects, youth mentorship, and empowerment programmes.
“As you serve in Gombe State, I encourage you to be part of our developmental process, contributing to the transformation of our state and the empowerment of our youth.
“Your predecessors did well in nation-building, and it’s our collective responsibility to continue on this positive path,” he said.
He assured the corps members of a safe and conducive environment to enable them serve effectively and impact their host communities positively.
“Gombe State is a safe haven, and we guarantee a conducive working environment for your activities and programmes during your service year,” Yahaya added.
In her remarks, Mrs Chinwe Nwachuku, the NYSC State Coordinator in Gombe, urged the 940 corps members to participate actively in all camp activities as a foundation for their service year.
She encouraged them to adhere to camp rules, shun negative behaviour, and uphold the core values of the NYSC.
Nwachuku also appreciated the Gombe State Government, stakeholders, and residents for their continued support and commitment to the success of the NYSC scheme in the state.
Gombe Gov. urges corps members to support state devt
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