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Support For Local Enterprise Catalyst For Sustainable Economy – VP Shettima

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Support For Local Enterprise Catalyst For Sustainable Economy – VP Shettima

Lauds SecureID’s 20-year milestone in manufacturing, tech solutions

By: Our Reporter

Vice President Kashim Shettima has pledged President Bola Ahmed Tinubu’s dedication to the health and survival of Nigerian enterprises, describing them as catalysts for a sustainable economic future.

He commended SecureID, the country’s leading smartcard manufacturing company, for its two decades of excellence in manufacturing and digital solutions.

Speaking on Monday during a tour of the SecureID Smartcard and Digital Solutions Facility in Lagos to mark its 20th anniversary, VP Shettima described the company as a shining example of Nigeria’s industrial and technological potential.

He praised the company’s evolution from a local startup to a continental leader in digital solutions, now capable of producing 200 million cards annually, including Nigerian international passports and voter identification cards.

He said, “This enterprise embodies the promise of what our nation can achieve when our innovative minds are given the support to compete with the rest of the world. From a humble local startup to a continental leader, SecureID has proven that with vision, dedication, and hard work, Nigerian businesses can stand tall on the global stage.”

Emphasizing that economic growth is inseparable from enterprise development, the Vice President noted that “time and again, His Excellency, President Bola Ahmed Tinubu, has demonstrated beyond words that the health and survival of our enterprises are the true catalysts of a vibrant economy.

“We can no longer afford to pay lip service to supporting businesses, regardless of their scale,” the VP stated, citing examples of government interventions designed to spur industrial expansion, including fiscal reforms and the Manufacturing Sector Fund, which encourages investment in key industries.

He maintained that the Tinubu administration has introduced strategic measures to bolster the nation’s economy, ensuring that enterprises like SecureID can thrive and drive national development.

“SecureID is proof that Nigeria is not just a consumer nation but a creator of world-class solutions. This is the standard we must uphold to transform our economy, create opportunities, and raise the living standards of millions of Nigerians,” the Vice President stated.

Reaffirming the government’s commitment to fostering an environment where businesses can flourish, Senator Shettima assured that the administration is ready to help local industries fulfill their potential.

“We will continue to support enterprises by fostering an environment where innovation thrives and where every citizen has the opportunity to succeed,” he added.

Highpoint of the occasion was the tour of the company’s production facility by the Vice President, accompanied by the Deputy Governor of Lagos State, Dr Kadri Obafemi Hamzat and other dignitaries present at the event.

Also present were the Group Managing Director of SecureID Ltd, Kofo Akinkugbe and Chairman of the company, Mr Dotun Suleiman; the Managing Director of Bank of Industry, Olasupo Olusi; Managing Director of Nigerian Railway Corporation, Mr Kayode Opeifa; President of the Manufacturers Association of Nigeria, Otunba Francis Meshioye, and representatives of commercial banks, among others.

Support For Local Enterprise Catalyst For Sustainable Economy – VP Shettima

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Cuba Blames U.S. Sanctions for Deepening Energy Crisis, Responds Cautiously to Reported $100m Aid Offer

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Cuba Blames U.S. Sanctions for Deepening Energy Crisis, Responds Cautiously to Reported $100m Aid Offer

By: Michael Mike

The government of Cuba has intensified accusations against the United States over the island’s worsening electricity and economic crisis, while cautiously welcoming reports of a proposed $100 million American aid package amid growing humanitarian concerns.

In separate statements issued this week, Cuban President Miguel Díaz-Canel and government officials argued that the country’s severe power shortages, fuel scarcity, and economic hardship are direct consequences of decades-long U.S. sanctions and what Havana described as an increasingly aggressive “energy blockade.”

The latest developments come as Cuba experiences one of its most difficult periods in recent years, marked by prolonged blackouts, shortages of food and medicine, rising inflation, and mounting public frustration.

Díaz-Canel said the situation affecting Cuba’s National Power System had become “especially tense,” with authorities forecasting a deficit of more than 2,000 megawatts during peak evening demand.

According to the Cuban leader, fuel shortages alone were responsible for preventing the generation of at least 1,100 megawatts of electricity, significantly worsening blackouts across the country.

He accused Washington of deliberately obstructing fuel supplies to Cuba by threatening sanctions and punitive measures against countries and companies willing to trade with Havana.

“This dramatic worsening has a single cause: the genocidal energy blockade that the U.S. has imposed on our country,” Díaz-Canel declared.

The Cuban president argued that recent improvements in electricity supply during April demonstrated the direct relationship between fuel imports and power generation capacity.

He noted that the arrival of a single fuel tanker — out of the eight Cuba reportedly requires monthly — temporarily reduced electricity deficits and mitigated blackouts, though outages did not disappear entirely.

Díaz-Canel further accused sections of the U.S. media and political establishment of attempting to portray Cuba’s economic crisis as solely the result of government mismanagement while ignoring the impact of sanctions and economic restrictions.

According to him, neither the decades-old U.S. embargo nor the additional sanctions imposed during the administration of former President Donald Trump had succeeded in overthrowing the Cuban Revolution.

He alleged that more recent executive measures targeting fuel supplies, foreign trade, and investment in Cuba were specifically designed to increase suffering among ordinary citizens and provoke unrest against the government.

Despite the criticism, Havana has also reacted cautiously to reports that the United States Department of State had formally proposed an aid package valued at $100 million for Cuba.

In a separate government statement, Cuban authorities said it remained unclear whether the proposed assistance would come in the form of direct financial support or material aid such as fuel, food, or medicine.

The Cuban government said it was prepared to consider foreign aid offered in good faith and expressed openness to working with the Catholic Church in implementing humanitarian support efforts.

“We are willing to hear the details of the offer and how it would be implemented,” the statement said, while warning against any attempt to use humanitarian assistance for political leverage.

Havana maintained that the most meaningful support Washington could provide would be the easing of economic, commercial, financial, and energy restrictions imposed on the island.

Cuban officials argued that sanctions had intensified “as never before” in recent months, severely affecting nearly every sector of the economy and worsening living conditions for millions of citizens.

The latest exchange reflects the complicated and often confrontational relationship between Havana and Washington, which has remained strained for more than six decades despite intermittent attempts at diplomatic rapprochement.

While Cuba insists that U.S. sanctions are the central driver of its current crisis, critics of the Cuban government continue to point to structural inefficiencies, state control of the economy, and policy failures as major contributors to the country’s prolonged economic difficulties.

Nevertheless, the apparent willingness of both sides to discuss humanitarian assistance suggests a potentially significant, though cautious, opening for limited engagement amid escalating hardship on the island.

Cuba Blames U.S. Sanctions for Deepening Energy Crisis, Responds Cautiously to Reported $100m Aid Offer

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Troops Arrest Suspected Gunrunner in Taraba State

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Troops Arrest Suspected Gunrunner in Taraba State

By: Zagazola Makama

Troops of Operation Whirl Stroke (OPWS), in collaboration with Defence Intelligence Agency operatives and local vigilantes, have arrested a suspected gunrunner in Ardo-Kola Local Government Area of Taraba State.

Security sources said the arrest was made at about 7:45 a.m. on May 13 during an intelligence-led operation at Iware community in the area.

The suspect was reportedly apprehended following credible intelligence linking him to arms trafficking activities within the Amaseyo general area.

Preliminary interrogation revealed that the suspect was allegedly involved in illegal arms dealing, prompting his immediate arrest by the joint security team.

The suspect is currently in custody and undergoing further investigation, while security agencies say efforts are ongoing to dismantle arms trafficking networks operating within the state and surrounding areas.

Troops Arrest Suspected Gunrunner in Taraba State

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Troops Rescue Kidnap Victim During Patrol in Kogi

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Troops Rescue Kidnap Victim During Patrol in Kogi

By: Zagazola Makama

Troops of the Nigerian Army under Operation MESA have rescued a kidnap victim abandoned by suspected terrorists along the Obajana–Jakura–Tajimi axis in Lokoja Local Government Area of Kogi State.

Security sources said the rescue operation was carried out at about 9:00 a.m. on May 13 by troops of 12 Brigade during a fighting patrol along the old Obajana–Jakura–Tajimi road.

According to the report, the troops discovered the victim after suspected kidnappers abandoned him while fleeing from the advancing security personnel.

The rescued victim was subsequently reunited with his family after the operation.

Security patrols and clearance operations have continued along the route and adjoining communities as part of ongoing efforts to combat kidnapping and other criminal activities in the area.

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