National News
FG Announces Plans To Formalize 1m Businesses At Discounted Rate
FG Announces Plans To Formalize 1m Businesses At Discounted Rate
- As national MSME awards holds June 27
- Tinubu bent on eliminating bottlenecks affecting the MSME space, Says VP Shettima
By: Our Reporter
The federal government has announced plans to formalize one million businesses across Nigeria at a discounted rate.
Vice President Kashim Shettima disclosed this on Tuesday when he launched the Expanded National MSME Clinic in Makurdi, the Benue State capital, marking the first stop on a nationwide journey to empower small and medium-sized businesses.
MSME Clinic, the first of its kind under the President Bola Ahmed Tinubu administration, aims to empower micro, small, and medium enterprises (MSMEs) by breaking down barriers and providing crucial resources.
Benue’s pioneership of the MSME Clinic sets the stage for a nationwide rollout scheduled to traverse Ebonyi, Ogun, Delta, Kaduna, Borno, Katsina States and the Federal Capital Territory (FCT) in a meticulously planned itinerary for the first half of 2024.
This will culminate in the National MSME Awards, a fitting celebration of entrepreneurial spirit coinciding with World MSME Day, on June 27, 2024 in Abuja.
Addressing a mammoth crowd of entrepreneurs and stakeholders at the Ibrahim Badamosi Babangida (IBB) square in Makurdi, VP Shettima emphasised the federal government’s commitment to creating a thriving MSME ecosystem.
He acknowledged the crucial role MSMEs play in job creation and economic development, even as he pledged government’s unwavering support to empower them.
“We have everything to guide your ambition,” Senator Shettima assured while delivering his speech titled, “Benue State: Nurturing Enterprises, Embracing Prosperity.”
Stating that his principal, President Tinubu, is committed to resolving the bottlenecks affecting the MSME space in Nigeria and will persist until these issues are resolved, the VP noted that the N75 billion loan scheme from Bank of Industry (BOI) and Access Bank’s discounted N50 billion fund offer is already in place as crucial financial support for entrepreneurs.
He said, “We currently have in place a N75 billion 9% single-digit loan from BOI. Additionally, Access Bank has made N50 billion of their fund available to MSMEs at a discounted rate of 15%, which could significantly increase based on loan performance. Mr. President is committed to resolving the bottlenecks affecting the MSME space in Nigeria and will persist until these issues are resolved.”
The Vice President hailed the state’s industrious spirit and entrepreneurial drive, describing it as a “beacon of inspiration” for the entire country.
“This clinic isn’t just about fulfilling President Tinubu’s promise,” declared Shettima, adding that “it’s a tribute to Benue’s unmatched work ethic and entrepreneurial drive.”
Lauding the state’s dedication to agriculture, art and commerce, he pointed out that “these stand as a testament to the remarkable productivity ingrained within the core of Benue State.
“Every business owner in Benue, whether in Makurdi or Otukpo, Gboko or Katsina-Ala, is a priority,” he added.
Senator Shettima also announced plans by President Tinubu for a world-class fashion hub in Makurdi, dedicated to the state’s thriving tailoring cluster which, according to him, is set to be operational within 90 days.
“Now, hear another piece of good news from Mr. President: His Excellency, President Bola Ahmed, has unveiled the plan to establish a world-class fashion hub in Makurdi for use by small businesses in the tailoring cluster in the state. This hub will be ready in 90 days,” the Vice President stated.
Earlier in his address, the state Governor, Rev. Fr. Hyacinth Alia, declared that Benue State is open for business, just as he emphasized the state’s commitment to supporting and empowering small and medium-sized businesses (MSMEs) as a key driver of economic growth.
The Governor highlighted the diverse range of MSMEs thriving in Benue, from organic food producers like Andor Global Foods to innovative motorcycle builders and traditional attire weavers.
He also celebrated Aorkwagh Farms’ work in regenerative farming and the “Made in Benue” brand’s creativity as examples of the state’s entrepreneurial spirit.
Governor Alia who lauded their contributions to local agriculture, healthy living and cultural heritage however acknowledged the challenges faced by MSMEs, including insecurity, regulatory hurdles, and access to finance.
He assured participants that his administration was actively tackling these issues by streamlining processes, removing bottlenecks and enacting laws against extortion, including “matching ground.”
Also, Benue State Commissioner for Industry, Trade and Investment, Mr Orpin Alumo, noted that the MSMEs Clinic will mark the turning around of Benue State, moving it from a civil service state to an industrial state.
Other dignitaries at the MSME Clinic Launch included Deputy Governor of Benue State, Barr. Sam Ode; Secretary to the Government of the Federation, Senator George Akume; Speaker of the Benue State House of Assembly, Mr. Aondona Dajoh; Chief Judge of Benue State, Justice Maurice Ikpambese; members of the National and State Assemblies, and members of the State Executive and Security Council, among others.
The Vice President was joined at the event by heads of key agencies, including Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Nigerian Export Promotion Council (NEPC), Bank of Agriculture (BOA), Bank of Industry (BOI), Nigerian Export-Import Bank (NEXIM), National Agency for Food and Drug Administration and Control (NAFDAC), Industrial Training Fund (ITF), Corporate Affairs Commission (CAC), Revenue Mobilization, Allocation and Fiscal Commission (RMAFC), National Information Technology Development Agency (NITDA), Federal Inland Revenue Service (FIRS), Standard Organisation of Nigeria (SON) and National Sugar Development Council (NSDC).
The clinic also promises immediate access to working capital, formalization assistance through the CAC, and export guidance from NEPC. Agencies like NAFDAC and SON were present at the launch to facilitate product certification, while FIRS offers tax advisory services.
VP Visits IDP Camp, Promises More Humanitarian Aid, Skills Development
Meanwhile, Vice President Shettima took time in the state and visited the Ichwa IDP camp in Makurdi, offering solace and support to those displaced by conflict.
He met with families, listened to their stories of loss and displacement and assured them of President Tinubu’s unwavering commitment to their well-being.
The VP promised continued humanitarian aid, explored avenues for skills development and livelihood opportunities within the camp, pledging to expedite the process of safe resettlement.
FG Announces Plans To Formalize 1m Businesses At Discounted Rate
National News
Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo
Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo
By: Zagazola Makama
Troops of the 2 Division Garrison have intervened in a mob attack at Ojurin Mammy Market in Lagalu Local Government Area of Oyo State, rescuing three police personnel and a civilian driver who were assaulted by unknown individuals.
Military sources said the incident occurred at about 6:46 p.m. on June 18, when the victims were attacked by a mob who mistook them for armed robbers while they were dressed in plain clothes.
The victims were later identified as personnel attached to the Violent Crimes and Response Unit Annex, Iyana Church, Alakia, Ibadan.
Troops who responded swiftly to the distress situation succeeded in rescuing the victims from the mob and restoring order in the area.
The civilian driver involved in the incident reportedly sustained varying degrees of injury and was evacuated to the 2 Division Medical Services and Hospital for treatment.
During the operation, troops recovered one AK-47 rifle, one riot gun, and 25 rounds of 7.62mm special ammunition from the scene.
Authorities said the situation had been brought under control, while efforts were ongoing to prevent further escalation and ensure public safety in the area.
Troops Rescue Security Personnel, Recover Arms After Mob Attack in Oyo
National News
UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown
UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown
By: Michael Mike
The United Nations Special Rapporteur on Freedom of Religion or Belief, Nazila Ghanea, has delivered one of the starkest international assessments yet of Nigeria’s security situation, warning that entrenched impunity and collapsing accountability systems are fuelling a self-perpetuating cycle of violence across the country.
Speaking at the end of an 11-day official visit, Ghanea said Nigeria’s insecurity has moved beyond episodic attacks to a structural crisis characterised by mass killings, repeated displacement of communities, destruction of livelihoods and widespread erosion of public trust in state institutions.

She said what emerged consistently from her engagements with over 200 stakeholders — including government officials, security agencies, victims, civil society organisations and religious leaders — was a country struggling to contain overlapping threats of terrorism, banditry, kidnapping, communal conflict and organised criminal networks.
According to her, the failure to ensure accountability for atrocities has created conditions in which violence is not only repeated but expands, leaving entire communities trapped in cycles of fear and survival.
“The absence of justice and accountability appears to be entrenching these cycles of violence and encouraging their spread,” she warned.
The UN envoy said victims across multiple regions described repeated attacks that destroyed entire villages, forced mass displacement and left survivors dependent on internally displaced persons’ camps with no clear path to return home.
She noted that many communities have suffered repeated assaults over the years, with some victims reporting displacement as many as six times, each time forced to rebuild their lives only to face renewed violence.

Ghanea also drew attention to disturbing accounts of armed groups allegedly imposing terms on rural communities, including arrangements in which residents surrender farmland and agricultural produce under coercion, deepening what she described as a breakdown of state protection in rural areas.
She warned that the scale and persistence of abductions — including kidnappings of children, clergy, traditional leaders, security personnel and political figures — has created a parallel economy of ransom and fear that further weakens state authority.
The Special Rapporteur said insecurity has also triggered the rise of vigilante groups, community defence networks and informal security structures, reflecting what she described as citizens’ growing loss of confidence in formal protection systems.
Ghanea further cautioned that the proliferation of arms and informal checkpoints risks blurring the line between community self-defence and criminal exploitation, warning that weak oversight could worsen insecurity.
Beyond violence, she raised concerns about structural issues affecting freedom of religion or belief, including the continued requirement in some administrative processes for citizens to declare their religion, saying such practices reinforce identity-based divisions and expose governance systems to political manipulation.
She also criticised the dominant framing of Nigeria as a rigid religious binary between a Muslim north and Christian south, describing it as an oversimplification that obscures the country’s internal diversity and fuels polarisation.
While acknowledging Nigeria’s constitutional guarantees of fundamental rights, Ghanea pointed to tensions arising from parallel legal and administrative systems in parts of the country, particularly around issues such as blasphemy, personal status laws and freedom of expression.
Despite her concerns, the UN envoy commended the resilience of affected communities, the efforts of civil society organisations and the work of interfaith initiatives aimed at promoting dialogue and coexistence.
She said Nigeria possesses the institutional capacity, human expertise and civic energy needed to reverse current trends, but stressed that urgent reforms are required to break what she described as the entrenched cycle of violence and impunity.
Ghanea confirmed that her full findings and recommendations will be submitted to the United Nations Human Rights Council in March 2027.
UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown
National News
Ekiti Poll: NSCDC Deploys 10,000 Personnel
Ekiti Poll: NSCDC Deploys 10,000 Personnel
By: Michael Mike
The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 10,000 personnel, including elite tactical squads and K9 units, to Ekiti State ahead of the forthcoming governorship election, in a major security operation aimed at ensuring a peaceful and credible poll.
The deployment, announced on Wednesday by the NSCDC National Headquarters in Abuja, is part of the Corps’ efforts to guarantee a violence-free atmosphere and protect the integrity of the electoral process.
According to the NSCDC, personnel have been mobilised from several neighbouring states, including Ondo, Osun, Oyo, Lagos, Kwara, Edo, Ogun and Kogi, alongside operational reinforcements from Zones 11 and 6.
The Corps said its specialised units, including the Commandant General’s Special Intelligence Squad (SIS), Special Weapons and Tactics (SWAT) unit, Specialized Female Squad, Mining Marshals, Special Force and Crack Squad, as well as the K9 Unit, have been placed on high alert to detect and neutralise any security threats before, during and after the election.
To coordinate the operation, the Commandant General, Ahmed Audi has designated the Deputy Commandant General in charge of Operations, Ayuba Phillips, to personally lead the security exercise on the ground in Ekiti State.
Reaffirming the Corps’ readiness, the Commandant General said the security operation was designed to protect voters, election officials and other stakeholders and to prevent any form of electoral violence.
“Our mission in Ekiti State is definitive: to protect the integrity of the democratic process and guarantee the safety of every voter, election official, and citizen. We will tolerate no form of electoral violence, thuggery, or disruption. Our specialized squads and tactical forces are fully briefed and strategically positioned to maintain absolute law and order,” he said.
The NSCDC also disclosed that it is working closely with other security agencies to provide comprehensive security coverage throughout the election period, stressing that all personnel have been directed to maintain professionalism, neutrality and civility in line with the provisions of the Electoral Act.
The deployment comes amid heightened preparations for the governorship election, with security agencies under pressure to prevent voter intimidation, electoral violence and other disruptions that have occasionally marred elections in parts of the country.
The Corps urged residents of Ekiti State to conduct themselves peacefully, turn out to exercise their civic rights without fear and promptly report suspicious activities to security personnel.
Ekiti Poll: NSCDC Deploys 10,000 Personnel
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