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Again, FG Disburses ₦250,000 Each To Small Businesses At 7th MSMEs Clinic In Ondo
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
News
Gowon: US, UK Arms Ban Forced Nigeria to Seek Soviet Support During Civil War
Gowon: US, UK Arms Ban Forced Nigeria to Seek Soviet Support During Civil War
By: Our Reporter
Former Head of State, Yakubu Gowon, has revealed that the refusal of the United States and the United Kingdom to supply arms to Nigeria during the civil war forced his administration to seek military support from the Soviet Union and a Lebanese black market arms dealer.
According to Gowon, the unexpected alliances proved decisive in changing the course of the war, which lasted from July 1967 to January 1970.
The disclosure is contained in Chapter Fifteen of his 859 page autobiography, My Life of Duty and Allegiance, unveiled in Abuja on Tuesday. President Bola Tinubu was represented at the launch by Vice President Kashim Shettima.
In the chapter titled If The Devil’s Ready To Help, Gowon recounted the intense struggle his government faced in sourcing weapons as Nigeria’s ammunition reserves dwindled dangerously by late 1968. He revealed that the country’s stockpile had dropped to about half a million rounds for the entire Army, an amount he considered grossly inadequate for sustained military operations.
He explained that international restrictions on arms sales prevented Nigeria from replenishing its military supplies, despite the escalating demands of the conflict.
“As the weeks of fighting wore on, our stock of ammunition was steadily depleted, and we could not replenish them because international sales restrictions prevented suppliers from selling military hardware to Nigeria,” Gowon wrote.
The former military leader added that the shortage forced him to halt further military advances after the capture of Enugu, restricting federal troops to positions around Okigwe and Umuahia.
“Left with no choice, I ordered the Federal troops to hold their position because I could not, in clear conscience, commit them to further advance knowing that the ammunition to sustain the effort was in short supply,” he stated.
Gowon also expressed disappointment with the stance of Western powers, particularly at a time when the United States was heavily involved militarily in Vietnam and Cambodia.
He recalled holding what he described as one of the most significant meetings of the war with the British and American ambassadors, hoping to secure support for Nigeria’s military efforts.
“If I say I’m not disappointed, it will be an understatement,” he said while recounting the encounter.
Gowon noted that he reminded the diplomats of his responsibility to preserve Nigeria’s unity and protect all citizens and foreign nationals living in the country.
He further recalled telling them before their departure from the State House that he would seek assistance from anywhere necessary to defend the nation.
“I will go to any devil to get what I need to deal with the problem and do my duty to my country,” he said.
According to Gowon, both ambassadors left the meeting without making any commitment, but by then, he had already resolved to pursue alternative sources of military support.
Gowon: US, UK Arms Ban Forced Nigeria to Seek Soviet Support During Civil War
News
Community Court of Justice, ECOWAS Holds Second Moot Court Competition in Dakar
Community Court of Justice, ECOWAS Holds Second Moot Court Competition in Dakar
By: Michael Mike
The Community Court of Justice, ECOWAS is hosting the second edition of its annual Moot Court Competition in Dakar, bringing together law students, academics and legal practitioners from across West Africa in a regional initiative aimed at strengthening legal education and deepening understanding of Community law.
The three-day competition, scheduled for May 20 to 22, 2026, is part of the Court’s broader drive to promote awareness of its jurisdiction and jurisprudence while equipping the next generation of lawyers with practical advocacy, research and analytical skills.
Organised under the theme, “Today’s Students, Tomorrow’s Jurists,” the competition is expected to provide participants with hands-on exposure to simulated legal proceedings, enabling them to bridge the gap between classroom learning and real-world legal practice.
This year’s edition will feature eight universities from francophone ECOWAS member states, including Benin, Côte d’Ivoire, Guinea, Senegal and Togo, while students from a university in Cape Verde will participate as observers. Each institution will field a team made up of two students and a faculty adviser.
The competition is structured in two phases — written and oral. During the written stage, participating teams prepare memorials for both the applicant and respondent based on a hypothetical legal dispute rooted in issues falling within the jurisdiction of the ECOWAS Court. The top-performing teams from the written assessments advance to the oral rounds.
The oral phase in Dakar will feature preliminary and semi-final rounds before designated panels, culminating in a grand finale where the two best teams will argue before a distinguished panel of judges. The event will end with an awards and closing ceremony recognising outstanding teams and participants, while a cultural tour is scheduled for May 23.
The maiden edition of the competition, held in Abuja in 2025, attracted participation from 13 Nigerian universities at the memorial stage, with eight advancing to the oral rounds. Ahmadu Bello University emerged overall winner of the inaugural edition.
Senior government officials from Senegal, members of the Senegalese judiciary and bar association, academics, media representatives, partner organisations and invited guests are expected to attend this year’s competition alongside judges and staff of the ECOWAS Court.
The Court said the initiative reflects its continued commitment to promoting legal excellence, strengthening access to justice and advancing human rights within the West African sub-region.
According to the Court, the programme is also designed to foster stronger institutional ties between the judiciary and academic institutions while nurturing a new generation of lawyers with deeper knowledge of Community law and regional integration mechanisms.
Community Court of Justice, ECOWAS Holds Second Moot Court Competition in Dakar
News
Nigeria Unveils Net Zero Investment Plan to Unlock Climate Finance, Drive Green Growth
Nigeria Unveils Net Zero Investment Plan to Unlock Climate Finance, Drive Green Growth
By: Michael Mike
The Federal Government of Nigeria has launched an ambitious Net Zero Investment Plan (NZIP), a major policy framework designed to mobilise climate finance, accelerate sustainable economic growth, and strengthen the country’s pathway to net zero emissions by 2060.
The plan, unveiled in Abuja by the National Council on Climate Change, represents a significant step in Nigeria’s efforts to translate its climate commitments into concrete investment opportunities capable of attracting both domestic and international financing.
Developed under the NDC Partnership’s “Global Call for NDCs 3.0 and LT-LEDS,” the framework received technical support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and funding from the German Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety through the International Climate Initiative.
The NZIP is expected to serve as a strategic roadmap for implementing Nigeria’s long-term climate agenda by identifying priority sectors for investment, outlining financing needs, and proposing mechanisms to bridge existing climate finance gaps.
Government officials said the initiative aligns with Nigeria’s broader economic transformation agenda and reinforces the country’s aspiration to emerge as a leading climate-responsive economy in Africa in line with the African Union Agenda 2063.
The investment framework builds on key national policies, including the Nigeria Agenda 2050, the Nationally Determined Contributions (NDCs), and the Long-Term Low-Emission Development Strategy (LT-LEDS), all of which provide the policy backbone for Nigeria’s transition toward sustainable and climate-resilient growth.
Under the LT-LEDS framework, Nigeria targets net zero greenhouse gas emissions by 2060, while the NDCs outline short- and medium-term actions under the Paris Agreement.
Speaking at the launch, Country Director of GIZ, Markus Wagner, described the NZIP as a critical instrument for transforming climate goals into bankable projects capable of attracting large-scale investment.
According to him, the framework goes beyond policy declarations by providing a structured mechanism for mobilising public and private capital toward climate resilience, low-carbon industrialisation, and sustainable economic development.
Wagner noted that achieving net zero emissions would require strong collaboration among government institutions, development partners, financial organisations, and the private sector.
He said the plan demonstrates Nigeria’s determination to align climate action with economic development priorities while creating opportunities for innovation, green jobs, and long-term sustainable growth across strategic sectors of the economy.
Analysts say the launch of the NZIP could improve investor confidence in Nigeria’s green economy ambitions and position the country to access increasing pools of global climate finance targeted at low-carbon and climate-resilient development initiatives.
Nigeria Unveils Net Zero Investment Plan to Unlock Climate Finance, Drive Green Growth
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