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Again, FG Disburses ₦250,000 Each To Small Businesses At 7th MSMEs Clinic In Ondo

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Again, FG Disburses ₦250,000 Each To Small Businesses At 7th MSMEs Clinic In Ondo

** Enabling environment for MSMEs central to President Tinubu’s economic policy, says VP Shettima

By: Our Reporter

The federal government, on Tuesday, disbursed ₦250,000 unconditional grants each to outstanding business owners in Ondo State as part of ongoing efforts to empower Micro Small and Medium Enterprises (MSMEs) across the country.

To this effect, Vice President Kashim Shettima, who announced the disbursement of the grants, said creating an enabling environment for MSMEs in Nigeria is central to the economic policy of the Renewed Hope administration of President Bola Ahmed Tinubu.

Speaking during the launch of the 7th Expanded National MSME Clinics in Akure, the Ondo State capital, Senator Shettima described the ₦250,000 grant as a gift from Nigerians, through their government, to the champions of local industry.

“I am also pleased to announce today, in line with President Tinubu’s unwavering support for grassroots enterprises, that every outstanding exhibiting MSME identified during this clinic will receive an unconditional grant of ₦250,000.

“This is not a loan. It is a gift from the Nigerian people, through their government, to the champions of local industry. It is our way of saying: we see you, we value you, and we believe in your journey,” he declared.

The Vice President noted that because MSMEs account for over 90 per cent of businesses in Nigeria, contributing over 45 per cent to the national economy and employing more than 60 million Nigerians, they are not only economic actors but also “the silent architects of survival, the lifelines of households, the pulse of every community”.

Explaining why MSMEs are central to the economic policy of the Tinubu administration, VP Shettima maintained that while they are the true engine of poverty alleviation, no sustainable effort to reduce poverty could be achieved without the jobs and opportunities they create.

Nigeria’s national prosperity, according to the VP, is entwined in the success of MSMEs, and the nation cannot grow its economy without empowering them.

He continued: “This is why the Renewed Hope Agenda of President Bola Ahmed Tinubu places the creation of an enabling environment for MSMEs at the heart of our economic policy. It is not rhetoric. It is a call to action. It is a covenant with the builders of our future.

“This administration is deliberate in walking the talk, and one of the ways we do so is through platforms such as the MSME Clinics, conceived to draw the Federal Government closer to the creators of jobs, the innovators, the dreamers who make things happen in our communities.”

Underscoring the essence of launching the Expanded MSMEs Clinic in Ondo State, the Vice President said they offer small businesses in the state an unprecedented opportunity “to engage directly with regulatory agencies, financial institutions, and business support organisations.”

Senator Shettima also outlined other interventions under the President Tinubu administration to include the creation of a ₦75 billion MSME Intervention Fund being administered by the Bank of Industry (BoI), ₦50 billion Presidential Conditional Grant Scheme to support one million nano businesses across the 774 local government areas of Nigeria with grants of ₦50,000 each, and ₦75 billion Manufacturers Fund for manufacturers to access up to ₦1 billion in funding at a 9 percent interest rate.

He said the idea is to ensure the challenges of small business owners “find answers, not in theories or wishful thinking, but in real-time, face-to-face, problem-solving conversations.”

The VP assured that MSMEs remain the centre of economic vision of the Tinubu administration, urging small business owners “to take full advantage of the opportunities before them by engaging with the agencies present, seeking guidance, asking questions, and seizing every chance to elevate their businesses.

He thanked the government of Ondo State for its partnership on investments in infrastructure, commending the state’s commitment to policies that welcome innovation and enterprise, as well as its support for local industry, which align perfectly with the federal government’s “broader agenda for a prosperous, inclusive economy.”

Earlier, the Governor of Ondo State, Dr Lucky Aiyedatiwa, said the state government is also in alignment with the initiative of the federal government to drive MSME development and is implementing schemes that have enabled small businesses to address challenges inhibiting their growth.

He pointed out that his administration’s 7-point agenda, which prioritises MSME growth and development, has been impactful and has resulted in successes across different sectors of agriculture, manufacturing, and fashion, among others.

Acknowledging the determination of President Tinubu and Vice President Shettima to support growth in the sector, Governor Aiyedatiwa said, “Your presence here today demonstrates your unwavering commitment to the development of our state and key sectors of our nation’s economy.

“Your interest in promoting MSMEs across Nigeria has changed the fortunes and stories of small businesses across our country, and we remain grateful.”

In a goodwill message, Governor Biodun Oyebanji of Ekiti State appreciated the federal government, particularly the Vice President, for personally driving the initiative of the Clinics.

He acknowledged that the Ekiti edition of the clinics had been impactful and remains invaluable, as businesses have continued to benefit from the network created through the programme.

Governor Oyebanji said the programme is the first attempt by any government in Nigeria to align growth to development through a deliberate and direct interface between facilitators and small business operators across the country.

In his welcome address, the Special Adviser to the President on Job Creation and MSME, Mr Temitola Adekunle-Johnson, said the Clinics have so far been very impactful, given the testimonials from operators in the sector.

He noted that the edition in Ondo State will not be different, as MSMEs were already interacting with regulatory agencies and partners to resolve issues affecting the growth of their businesses.

On his part, the Ooni of Ife, His Majesty, Oba Adeyeye Enitan Ogunwusi, acknowledged the contributions of the Vice President and Ondo state Governor to the growth of the MSME sector in the state, urging all stakeholders to support and promote made-in-Nigeria products as part of the broad plan to support budding entrepreneurs across the country.

On his part, the Director General of Small and Medium Enterprises Development Agency (SMEDAN), Mr Charles Odii, said that through the Clinics, the Tinubu administration’s agenda for small businesses is being actualised as evidenced in the feedback received from participants at the Ondo clinics.

The high point of the occasion was the tour of the products exhibition by small business operators in Ondo and beyond by the Vice President, accompanied by the governors of Ondo and Ekiti, among other dignitaries.

Earlier, while addressing the traditional council at their chamber, Vice President Shettima thanked the Ooni of Ife, Oba Adedeye Enitan Ogunwusi, the Ojaja II, describing him as a bridge builder who is endeared by the Tinubu Administration.

He told the traditional council that President Tinubu, “being a son of the South West, is a man of courage who means well for traditional institutions.”

VP Shettima noted that President Tinubu is aware of the condition of the people across the country, and has summoned the courage to remove fuel subsidy, stop multiple taxation and open the Lagos-Badagry-Calabar Highway for economic activities along that corridor,” among many other policies of government to mitigate the sufferings of the people.

Earlier, the Chairman of Ondo State Council of Chiefs, His Royal Majesty, Oba (Dr) Ajibade Gbadegesin Ogunoye III, commended President Tinubu for removing fuel subsidy, noting that this has enabled the federal government to deploy the subsidy funds to other sectors of the economy for which Ondo State is a beneficiary.

He also commended the federal government for being focused and pledged the support of the traditional council to the success of government policies, both at the national and Ondo state levels.

Again, FG Disburses ₦250,000 Each To Small Businesses At 7th MSMEs Clinic In Ondo

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Marwa Charges Nigerian Youths on Skills Acquisition, Warns Against Drug Abuse

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Marwa Charges Nigerian Youths on Skills Acquisition, Warns Against Drug Abuse

By: Michael Mike

The Chairman and Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Buba Marwa (retd) has urged Nigerian youths to prioritise skills acquisition and empowerment opportunities as a strategic defence against drug abuse, unemployment and other social vices threatening national stability.

Marwa gave the charge in Abuja on Thursday while speaking as Special Guest of Honour at the launch of a youth empowerment and skills acquisition programme organised by Grassroots Bridge Builders, a non-governmental organisation.

He described the initiative as a critical intervention that supports the Federal Government’s Renewed Hope Agenda, particularly its focus on youth empowerment, job creation, social inclusion and crime prevention. According to him, equipping young Nigerians with practical and employable skills is a sustainable approach to addressing poverty, drug dependency and insecurity.

The NDLEA boss commended Grassroots Bridge Builders for its plan to train and empower 10,000 youths, noting that such efforts go beyond charity to serve as long-term investments in national development. He stressed that empowering young people strengthens their resilience, builds character and reduces their vulnerability to drug abuse and criminal activities.

Marwa emphasised that the fight against drug abuse cannot be left to government alone, calling for stronger collaboration among non-governmental organisations, civil society groups, faith-based institutions, community leaders and the private sector. He encouraged stakeholders to partner with the NDLEA in developing community-driven programmes that provide young people with skills, dignity and a sense of purpose.

Addressing the beneficiaries, Marwa described Nigerian youths as a vital asset to the country’s future rather than a burden to be managed. He urged them to take advantage of empowerment initiatives, reject drug use and invest in their talents to contribute meaningfully to national growth.

He reaffirmed NDLEA’s commitment to supporting credible, non-partisan initiatives that promote youth development, skills acquisition and drug-free communities, describing youth empowerment as the most sustainable pathway to securing Nigeria’s future.

Marwa Charges Nigerian Youths on Skills Acquisition, Warns Against Drug Abuse

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NSCDC Boss Charges Personnel on Professionalism, Integrityin VIP Protection

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NSCDC Boss Charges Personnel on Professionalism, Integrityin VIP Protection

By: Michael Mike

​The Commandant General (CG) of the Nigeria Security and Civil Defence Corps (NSCDC), Prof. Ahmed Audi has issued a stern mandate to officers to uphold the highest standards of professionalism, integrity, and commitment in the protection of Very Important Persons (VIPs).

The CG gave this charge during his keynote address at a three-day VIP leadership and management workshop held at the NSCDC National Headquarters in Abuja on Wednesday.

The intensive training brought together state commandants, VIP commanders, and armorers from across the country.

​Audi emphasized that the mandate for VIP protection as conferred by President Bola Tinubu is a sacred trust that must not be compromised. He warned that his administration maintains a zero tolerance policy for any form of misconduct.

He said: “This administration will sanction any personnel found sabotaging the Corps’ efforts in implementing the VIP mandate,” adding that: “This responsibility must be carried out to the admiration of the government and Nigerians to justify the confidence reposed in us.”

The workshop, organized under the Directorate of Training and Manpower Development, serves as a strategic intervention to sharpen the tactical and administrative skills of the Corps’ leadership.

Acting Deputy Commandant General Muktar Lawal, explained that the curriculum focuses on: strengthening leadership capacity and management skills.

Improving interdepartmental coordination.

Reinforcing professionalism in armory management and decision-making.

​The CG underscored the importance of excellence by commending the VIP National Commander, Deputy Commandant of Corps Anyor Donald, for his professionalism and loyalty, urging others to embrace similar qualities.

​The event featured goodwill messages from the Corps’ top brass, including Deputy Commandants General Zakari Ibrahim Ningi, fdc; Nnamdi Nwinyi; Pedro Awili Ideba; and Professor Tyoor Frederick Terhemba, all echoing the need for heightened accountability in the field.

NSCDC Boss Charges Personnel on Professionalism, Integrityin VIP Protection

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VP Shettima Launches Vision 2050 Blueprint For South-East’s Economic Development

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VP Shettima Launches Vision 2050 Blueprint For South-East’s Economic Development

Says new investment company, diaspora partnerships will drive infrastructure, industrial transformation

By: Our Reporter

Vice President Kashim Shettima has launched a 25-year development blueprint for the South-East region, saying the region is a central pillar of Nigeria’s economic future.

He also announced that President Bola Ahmed Tinubu has approved the establishment of the South East Investment Company Limited, designed to mobilise resources from the diaspora, capital markets, and development finance institutions for the region’s development.

Speaking on Wednesday during the South-East Vision 2050 Regional Stakeholders’ Forum in Enugu, the Vice President said the gathering was a decisive break from short-term governance cycles toward a structured, multi-decade development framework.

“This forum reflects foresight, responsibility, and a shared understanding that the future is not something we wait for, but something we must deliberately design.

“In recognition of the distinctive character of the South-East, its entrepreneurial spirit, its global diaspora, and its long-standing relationship with international capital, President Bola Ahmed Tinubu approved the establishment of the South East Investment Company Limited,” VP Shettima said.

He said the company will work in synergy with the South-East Development Commission (SEDC) to address postwar infrastructure gaps and drive long-term regional competitiveness.

Senator Shettima reaffirmed that the SEDC was conceived to focus on structural transformation rather than routine administrative activity, insisting that Nigeria is strongest when its regions thrive.

“Let me be clear. This is not another layer of bureaucracy. It is a delivery institution, focused on tangible outcomes that translate into jobs, productivity, and growth,” he stated, noting that the South-East carries a unique historical burden, which makes deliberate regional planning both urgent and necessary.

The VP praised the inclusive nature of the forum, which brought together federal and state governments, traditional institutions, the private sector, civil society, and development partners.

He also acknowledged the presence of Umu Igbo Unite, a United States–based network of over 10,000 young professionals, saying, “The future of the South-East will be built both at home and abroad, together.”

Addressing the youth directly, the Vice President insisted that development must produce concrete results.

“To the young people of the South-East and of Nigeria as a whole, let me speak plainly. You are not spectators in our national journey. You are central to it. Your energy, creativity, and ambition are essential to the Nigeria we are working to build. Development must not remain an abstract promise. It must be felt in the daily lives of our people.

Earlier, Governor Peter Mbah of Enugu State joined his colleagues in the region in endorsing the vision 2050, explaining that the vision is an opportunity for the South East region to tap into the national agenda tagged vision 2060.

He applauded the unity of purpose among leaders and stakeholders in the region and proposed the birthing of a South East common market, describing the moment as the awakening of an economic giant.

On reimagining the South East as an economic bloc, Governor Mbah said the focus on the unity and synergy of ideas and resources and the decision to change the thinking of leaders and the people about their development trajectory, must remain paramount.

He urged a paradigm shift in the planning and execution of projects across the region while calling on the people of the area to complement the renewed drive by the Federal Government to improve the security of lives and livelihoods as well as integrate all parts of the region’s plan for inclusive development.

He thanked the Vice President for his show of dedication and substance to the cause of the South East region, noting that his presence reinforced the principle that sustainable regional development does not thrive in isolation but on dedicated national leadership as exemplified by the presence of the Vice President.

In his remarks, Governor Francis Nwifuru of Ebonyi State, pledged the support of the state government for the implementation of a development plan for the region, noting that the plan will close unemployment and poverty gaps, while unlocking potentials across different sectors of the region’s economy.

He said Ebonyi State, under his administration, is building on the foundation of past administration in agriculture and agribusiness, education, solid mineral development, and a roadmap for the transformation of Ebonyi state as a hub of rural development in the South East.

In the same vein, Governor Alex Otti of Abia State, expressed happiness and satisfaction over the unanimous adoption and support for the South East Vision 2050 by critical stakeholders across the private and public sectors, saying the summit is connected to revolution of the region and its economic transformation.

Citing examples of transparent leadership in Abia State and abundance of solid minerals and other natural resources across the South East, Governor Otti said the task of economic transformation and industrialisation of the region was feasible and possible with committed and transparent execution of development agenda.

For his part, Governor Charles Soludo of Anambra State, thanked President Tinubu for the creation of the SEDC, describing it as a gift to the region that has been clamoured for by stakeholders for a long time.

He said the conversation around the SEDC Vision 2050 was historic, as it was the first time the governors and other leaders across the region were united in the adoption of a framework that will guide the transformation of the area.

In a keynote address, the Resident Representative of the UNDP, Mrs Elsie Attafuah, spoke on global lessons in long-term regional planning through institutional capacity for sustainable implementation of development plans in complex contexts.

She said for genuine industrialisation to be achieved, policymakers and stakeholders must ensure that infrastructure built across the region serve domestic production.

She urged cutting edge execution of Vision 2050 by stakeholders across the region and noted the importance of catalysing the comparative advantages of southeastern states in ensuring sustainability of the gains recorded in the years to come.

In his remarks, the Minister of Regional Development, Engr Abubakar Momoh, said the event was a crowning moment in the development of the South East region, especially in fostering a united and prosperous future.

He said the creation of the SEDC by the administration of President Tinubu reflects an institutional commitment to the coordinated and targeted transformation of the region through the revitalisation of critical infrastructure such as the rail sector and the commodity ecosystem, among others.

For her part, the Minister of Trade and Investment, Dr Jumoke Oduwole, underscored the significance of aligning resources and efforts, which she said had been prioritized through the South East Vision 2050 programme.

Dr Oduwole pledged the support of her ministry and announced the ministry’s launch of a nationwide trade facilitation tour to boost the export potentials across the country, describing the South East region as the springboard for Nigeria’s industrial transformation.

In a goodwill message, President of Ohanaeze Ndigbo World Wide, Sen. Azuta Mbata, commended the Federal Government for its efforts in prioritizing regional integration and development through the summit.

He said the integration of the South East in the broader national development agenda is key, and pledged the support of the people of the region for the aspirations of the vision 2050 and the Renewed Hope Agenda of administration of President Bola Ahmed Tinubu.

On his part, Chairman of the South East Development Commission, Sir Emeka Wogu, thanked President Tinubu for his commitment to the progress and development of the South East region and its people.

He said the South East vision 2050 is unique and designed to ensure continuity in the execution of development agenda for the region and the synergy of efforts by the respective state governments.

For his part, the Managing Director of the SEDC, Mr Mark Okoye, thanked President Tinubu for the creation of the commission as a special purpose vehicle to champion the economic transformation of the region.

He said the SEDC will seek the partnership of state governments, diaspora community and the organised private sector in implementing the 2050 vision aimed at charting a shared path to sustainable prosperity for South East Nigeria focusing on infrastructure, power, peace building and connectivity, among others.

There were also goodwill messages from representatives of corporate bodies, the Manufacturers Association of Nigeria (MAN), faith-based organisations, youth groups, diaspora community and development partners, among others.

The Vice President, accompanied by governors of the southeast region and other dignitaries, toured the exhibition gallery mounted by the Director-General, National Council for Arts and Culture.

VP Shettima Launches Vision 2050 Blueprint For South-East’s Economic Development

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