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Aisha Babangida, FIRS boss, Shagaya, others to headline WenA’s 5th Annual Conference on Tax Reforms, Cost Reduction for SME Growth

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Aisha Babangida, FIRS boss, Shagaya, others to headline WenA’s 5th Annual Conference on Tax Reforms, Cost Reduction for SME Growth

By: Michael Mike

Top policy influencers, business leaders, development partners, and women entrepreneurs from across Nigeria will gathered in Abuja as the Women Enterprise Alliance (WenA) is set to host its 5th Annual Conference

The conference, with the theme “Translating Policy into Practice: Cost-Reduction and Tax Reforms for Sustainable SME Growth,” is scheduled for Thursday, 16th October 2025, at the Diamond Hall, A-Class Event Centre, Wuse II, Abuja.

This year’s edition underscores WenA’s commitment to empowering Small and Medium Enterprises (SMEs), particularly women-led businesses, by addressing critical barriers such as high operational costs and complex tax regimes.

The event will feature key policy discussions, expert panels, and collaborative sessions designed to translate government policies into actionable strategies for sustainable business growth.

At the centre of this initiative is Her Excellency Aisha Babangida, Founder of WenA, whose leadership and advocacy for women’s economic empowerment have positioned her as a reference point in Nigeria’s entrepreneurial space.

Speaking ahead of the conference, Ms Babangida stated, “At WenA, we believe that empowering SMEs, especially women-led enterprises, means empowering Nigeria’s future.

“This conference is not just a gathering; it is a call to action for stakeholders across sectors to translate policy into tangible, impactful change.”

Among the confirmed speakers are Ms Chayla Shagaya, Senior Special Assistant to the President on Entrepreneurship, who will deliver a keynote address on scaling SMEs through cost-reduction reforms, and the Chairman of the Federal Inland Revenue Service (FIRS), who is expected to present critical fiscal reforms aimed at creating a more supportive tax environment for SMEs.

The conference will also feature a strategic policy roadmap presentation developed by WenA in partnership with UN Women. This document outlines practical recommendations to address the pressing challenges facing SMEs, particularly in taxation and regulatory compliance.

A high-level panel discussion will include insights from Dr Fausat Aleshinloye, Economist and Policy Analyst; Ifeoma Malo, CEO of Clean Tech Hub; Mrs Nnenna Jacob-Ogogo of SheVentures (FCMB); and representatives from Nigeria’s energy sector. The conversation will be moderated by Dr Dahiru Sani.

A dedicated session will focus on simplifying Nigeria’s tax regime, with emphasis on harmonisation, ease of compliance, and improved transparency to reduce the burden on small businesses. Participants will also benefit from extensive networking opportunities, with stakeholders from government, finance, energy, and development sectors expected to attend.

As part of recognising excellence in the SME ecosystem, the conference will celebrate standout entrepreneurs and initiatives. Awards will include the prestigious “Most Scalable Business in North-Central Nigeria” and certificates of excellence for innovation and community impact.

Aisha Babangida, FIRS boss, Shagaya, others to headline WenA’s 5th Annual Conference on Tax Reforms, Cost Reduction for SME Growth

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Electoral officer rescued as one killed, others injured in Kontagora election violence

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Electoral officer rescued as one killed, others injured in Kontagora election violence

By: Zagazola Makama

One person was killed while several others, including security personnel, sustained injuries during a violent attack by thugs at a polling unit in Kontagora Local Government Area of Niger State on Saturday.

Zagazola Makama report that the incident occurred at Central Ward, Bashari Polling Unit, during the local government council elections.

According to the sources , the Electoral Officer (EO) for Kontagora LGA, Mr. Umar Abdulkadir, was held hostage and threatened by thugs before being rescued by a patrol team that responded to a distress call.

The rescue operation, however, turned violent as the thugs engaged in a serious fracas, resulting in the death of one Abdullahi Bala, 60, who was stabbed during the attack, while one Shehu Habibu sustained injuries to his right hand.

The security operatives attached to the electoral office were also attacked and injured, and one patrol vehicle was vandalised during the incident.

The deceased and the injured victims were taken to the General Hospital, Kontagora, for autopsy and medical treatment.

The command said investigation is ongoing to identify and arrest all the perpetrators involved in the election-day violence.

Electoral officer rescued as one killed, others injured in Kontagora election violence

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KACRAN Asks NEDC to Prioritise Livestock Development In 2026 Policies And Programmes

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KACRAN Asks NEDC to Prioritise Livestock Development In 2026 Policies And Programmes

By: Michael Mike

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN), a critical stakeholder in the North East region, has called on the North East Development Commission (NEDC) to significantly incorporate Livestock Development into its 2026 policies and programmes.

The group in a signed statement by its National President, Hon. Khalil Mohammed Bello, while appreciating NEDC’s efforts, acknowledged the tireless efforts and significant achievements of the Commission since its inception in rebuilding and rehabilitating the North East.

It also commended the Commission for its successes in infrastructure, renovation and construction of schools, houses, hospitals, health centres, roads, reconstruction of bridges destroyed by insurgency and provision of accommodation to displaced persons.

KACRAN also commended NEDC for the training of thousands of forest guards and the distribution of utility vehicles to security operatives to help combat insecurity; the
prompt provision of support and assistance to victims of various incidents, including the vital role played during the major floods in Maiduguri last year and for the consistent
distribution of relief materials and palliatives to internally displaced persons (IDPs).

The group said: “We believe the NEDC has performed commendably and is a true partner in progress for the region’s State Governments.”

They however said: “Despite these successes, KACRAN draws the attention of the NEDC to the profound and disproportionate impact of insecurity and insurgency on the region’s pastoralist communities.”

They noted that pastoralists operate primarily in the bushes, the epicentre of the conflict, making them and their livestock the most vulnerable. They claimed that countless pastoralists have been killed, and hundreds of thousands of livestock—their sole means of livelihood—have been stolen or rustled.

They decried that: “A critical shocking assessment reveals that North East pastoralists have been at the receiving end of the Commission’s programmes. We have received minimal direct benefits from the annual billions allocated for the region’s development projects, as these projects mainly focus on urban infrastructure (houses, roads, bridges) that do not and would never address our unique desired needs.”

They further stated that: “On behalf of millions of North East pastoralists, KACRAN passionately appeals to the NEDC leadership to address this imbalance with immediate and long-term actions:

“Livestock Distribution: Just as the NEDC builds and distributes houses, we urgently request the Commission to procure and distribute thousands of livestock to our members whose herds were stolen or destroyed by insurgents.

“Essential Support: We call for the provision of animal feed, water points, relief materials, and palliative support for our internally displaced members who have been completely ruined by the insurgency.

“Policy Integration: We urge the NEDC to make a serious and dedicated commitment to Livestock Development in its 2026 Policies and Programmes. This is the only way to ensure fairness and compensate for the structural neglect our communities have faced since the Commission’s creation.”

They stated that: “KACRAN believes that by engaging in robust livestock development, the NEDC can truly align with the spirit of fairness and inclusive development, thereby helping the North East pastoralist communities rebuild their livelihoods and contribute fully to the region’s economic recovery.”

KACRAN Asks NEDC to Prioritise Livestock Development In 2026 Policies And Programmes

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Backbone Infrastructure Ltd Secures $50B Funding for Ondo 500,000bpd Refinery, Free Zone Development

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Backbone Infrastructure Ltd Secures $50B Funding for Ondo 500,000bpd Refinery, Free Zone Development

By: Michael Mike

Following the successful execution of the Memorandum of Understanding (MoU) between Backbone Infrastructure Ltd and the Ondo State Government, through the Ondo State Investment Promotion Agency (ONDIPA), for the construction of a 500,000 barrels-per-day refinery and the development of a 1,471-hectare Sunshine Free Trade Zone in the Ilaje area of Ondo State in July, Backbone has secured project funding exceeding $50 billion for both projects through a joint venture agreement with its partner, NEFEX Holdings Limited of Canada.

The team, which arrived in Nigeria last Sunday, is set to visit Ondo State to interact with the State Government Officials and pay a courtesy call on the Executive Governor, HE Lucky Aiyedatiwa.

The BINL team will be led by the Chairman, HE Senator Ken Nnamani, including other Board members and the Executive management team led by Henry Owonka.

The meeting will explore the roadmap towards commencement of the projects, including presentations with ONDIPA and visits to the project sites and engagement with the host communities led by the Olugbo of Ugbo Kingdom, Oba Obateru Akinrutan.

Speaking on the refinery financiers, BINL’s Vice-President for Corporate Services, Mr Wale Adekola, disclosed that NEFEX Petroline is involved in engineering and construction services for ports, terminals and logistics facilities, including pipelines and facilities in the Oil and Gas Industry.

Their specialty also includes port and infrastructure development, petrochemical trading and supply, investment and project management.

Adekola stated, ‘’With operations across the Middle East, Europe, North America, and beyond, NEFEX Petroline combines the advantages of a global network with deep local understanding. The firm maintains partnerships with leading global financial institutions to secure multi-currency credit lines and liquidity support for large-scale operations.’’

‘’Our partnership with NEFEX opens the next chapter for the commencement of BINL Refinery development, ‘’ the BINL executive added.

BINL, which operates from offices in Abuja, London and Zug, Switzerland, is also exploring a strategic partnership with the Nigerian National Petroleum Company Limited (NNPC Ltd) to drive the development of the ultra-modern refinery complex.

BINL initiative would provide a critical lifeline, easing pressure on foreign exchange reserves and enhancing national energy security.

It said its corporate social responsibility strategy would prioritise education, local employment quotas and infrastructure development in surrounding communities.

The BINL refinery will provide petroleum products for local consumption, feedstock for other local industries and petroleum products for the international market.

The refinery project includes the construction of roads, storage tanks, loading bays, terminals and handling equipment. The scope of the Free Trade Zone Project includes the development of the required infrastructure and facilities for the effective operation and management of the Free Trade Zone.

The projected $50billion investments in the refinery and FTZ are expected to change the landscape of infrastructure in Ondo state while transforming the social and economic status of the people.

Adekola applauded Governor Aiyedatiwa for his commitment and robust support for the projects which have attracted a groundswell of approval from the people of the state across the globe.

‘’We commend the governor for opening the state to genuine investors and creating the right environment to partner with investors, local and international.’’

Backbone Infrastructure Ltd Secures $50B Funding for Ondo 500,000bpd Refinery, Free Zone Development

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