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
Tinubu orders full investigation into deaths of suspected illegal miners in NSCDC custody
Tinubu orders full investigation into deaths of suspected illegal miners in NSCDC custody
By: Our Reporter
President Bola Tinubu has ordered a full, transparent and unhindered investigation into the deaths of suspected illegal miners detained by the Nigeria Security and Civil Defence Corps (NSCDC) following enforcement operations around the Lt. General Mohammed Inuwa Wushishi Estate in Minna, Niger State.
In a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President said the life of every Nigerian matters and that no citizen should lose their life while in government custody as a result of negligence, abuse, inhumane treatment or dereliction of duty.
Tinubu expressed deep concern over the reported deaths, describing the development as a grave matter requiring urgent investigation and accountability.
He said while the Federal Government would continue to combat illegal mining and other criminal activities across the country, enforcement operations must be conducted strictly within the law and with full respect for the dignity and fundamental rights of persons in custody.
The President stressed that the fact that the victims were suspected of illegal mining did not remove their right to life, dignity and humane treatment while in government custody.
He warned that the government would not tolerate mass deaths arising from official negligence, dereliction of duty or failure by public officials to protect people placed under their care.
“Where the investigation establishes that any official, through action, abuse or negligence, contributed to these deaths, such an officer must be arrested and prosecuted in accordance with the law. There must be accountability,” Tinubu said.
The President directed relevant authorities to ensure that the investigation is comprehensive, transparent and unhindered, covering the circumstances of the arrests, the conditions under which the detainees were held, the events leading to their deaths and the conduct of all officials involved.
The directive comes as the Niger State Government has also constituted a Committee of Inquiry to establish the circumstances surrounding the deaths, with Deputy Governor Yakubu Garba as Chairman and Commissioner for Homeland Security Maurice Magaji as Secretary.
The Niger State Government said forensic examinations and autopsies would be conducted to establish the exact cause of death, while the NSCDC Commandant General has suspended the Niger State Commandant, Suberu Siyaka Aniviye, and members of his team to allow investigations to proceed.
Tinubu orders full investigation into deaths of suspected illegal miners in NSCDC custody
National News
Breaking: NSCDC launches probe as 30 suspected illegal miners die in Commands custody in Niger
Breaking: NSCDC launches probe as 30 suspected illegal miners die in Commands custody in Niger
By Zagazola Makama
The Nigeria Security and Civil Defence Corps (NSCDC) has ordered an investigation into the deaths of several suspected illegal miners arrested during an enforcement operation in Niger State.
The suspects were apprehended on Sept. 15 and 16, 2026, during a joint operation targeting illegal mining activities around the M.I. Wushishi/Lukoto axis of the state.
The NSCDC Niger State Command initially reported that scores of detainees were found dead in the early hours of Sept. 17 following what was described as a suspected disease outbreak.
The remains have since been evacuated to the General Hospital, Minna, where medical examinations are expected to determine the actual cause of death.
The development has generated concern among relatives of some of the detainees, with family members alleging that more than 30 people died while in custody.
However, the NSCDC has cautioned against attributing the deaths to any particular disease before medical and laboratory examinations are concluded.
In a statement issued by the Corps’ National Public Relations Officer, Assistant Commandant of Corps Babawale Afolabi, the Commandant General, Prof. Ahmed Abubakar Audi, directed the immediate constitution of a high-powered investigative team.
The team, headed by the Deputy Commandant General responsible for Intelligence and Investigation, is expected to establish what happened before and after the suspects were taken into custody.
Investigators are to examine the physical condition of the detainees at the point of arrest, the duration of their detention, conditions inside the facility, medical care provided to them and other circumstances that could have contributed to the deaths.
The Corps said it was also working with health authorities and other security agencies to implement appropriate medical and public-health measures.
It further directed that the health and welfare of suspects still in custody be given immediate priority, while personnel who may have come into contact with the affected detainees are also protected.
The NSCDC said the incident would be addressed strictly on the basis of verified medical and investigative findings.
The Corps also reiterated that its campaign against illegal mining would continue, stressing that the enforcement of the law must be carried out alongside respect for the dignity and fundamental rights of persons in custody.
The Commandant General expressed condolences to the families of those who died and assured them that the circumstances surrounding the incident would be thoroughly investigated.
The Corps appealed to the public to remain calm while the medical and investigative processes are concluded, promising to release further information as verified facts become available.
The incident has meanwhile raised questions about the health status and detention conditions of the arrested miners, with the pending medical examination expected to provide critical answers on what caused the deaths.
Breaking: NSCDC launches probe as 30 suspected illegal miners die in Commands custody in Niger
National News
VP SHETTIMA CLARIFIES REMARKS ON NORTHERN GOVERNORS’ SUPPORT FOR PRESIDENT TINUBU
VP SHETTIMA CLARIFIES REMARKS ON NORTHERN GOVERNORS’ SUPPORT FOR PRESIDENT TINUBU
By: Our Reporter
The Office of the Vice President wishes to clarify remarks by Vice President Kashim Shettima concerning the support President Bola Ahmed Tinubu received from northern governors in the build-up to his emergence as the presidential candidate of the All Progressives Congress (APC).
The Vice President’s reference to six northern governors who believed in and supported President Tinubu was specifically about political consultations and alignments preceding the APC presidential primary in June 2022.
It was not a comment on the position of northern APC governors following President Tinubu’s emergence as the party’s candidate, nor was it intended to question their support during the 2023 presidential election.
Following the presidential primary, APC governors in the North rallied around the party’s candidate and played important roles in the campaign and electoral efforts that culminated in President Tinubu’s victory in the 2023 general election. Indeed, it is worthy of note that it was after the declaration of President Tinubu as winner of the 2023 presidential primaries that all other governors across the country rallied round and followed suit. That declaration by the northern governors hence became the aligning moment across all political divides in the quest for power shift.
VP Shettima holds the northern governors and other leaders of the APC in high regard and recognises their individual and collective contributions to the success of the party and the emergence of President Tinubu.
The Vice President regrets any interpretation of his remarks that may have suggested otherwise and hopes this clarification places the comments in their proper context.
VP Shettima also appreciates the Nigerian media for its longstanding professionalism and constructive engagement with his office and urges continued accuracy and context in the reporting of public remarks as the country approaches another political season.
VP SHETTIMA CLARIFIES REMARKS ON NORTHERN GOVERNORS’ SUPPORT FOR PRESIDENT TINUBU
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