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FG disburses N1.3 Billion to support nano- businesses in Borno

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FG disburses N1.3 Billion to support nano- businesses in Borno

By: Our Reporter

The Federal Government, under the Presidential Conditional Grant Scheme (PCGS), has disbursed ₦1.322 billion to bolster nano-businesses in Borno State.

NAN report that the initiative was part of interventions following the removal of fuel subsidy, has directly benefitted 26,540 small-scale entrepreneurs across the state’s 27 local government areas.

Borno Governor Babagana Zulum, disclosed this on Friday at Federal Government town hall meeting on loan and grant scheme in Maiduguri on Friday.

Zulum represented by Dr. Abubakar Muhammed, Permanent Secretary Establishment and Service Matters, said that the grants, facilitated by the Bank of Industry in collaboration with the Borno State Government.

He said that the scheme aim to empower traders, artisans, ICT operators, food service providers, and transporters with ₦50,000 each to enhance their operations.

He explained that the disbursement in Borno State represents a critical component of the Federal Government’s commitment to supporting local economies and vulnerable groups.

“With a total of 810,945 beneficiaries nationwide, the program ensures that Borno’s entrepreneurs receive the necessary support to thrive in challenging economic times.

According to him, the PCGS initiative in Borno is expected to boost small businesses, create employment opportunities, and contribute to the overall economic recovery of the state, which continues to rebuild in the aftermath of insurgency and other challenges.

Mr Muktar Musa, State Manager of the Banki of Industry Maiduguri, said that Federal Government has disbursed over ₦40 billion from the approved ₦50 billion to support nano businesses across the 774 local government areas in Nigeria.

Musa said that the scheme, introduced as part of interventions following the removal of fuel subsidy, targets one million beneficiaries.

The PCGS, implemented in collaboration with state governments and facilitated by the Bank of Industry, aims to uplift traders, ICT operators, food service providers, transporters, and artisans with ₦50,000 grants per beneficiary.

While highlighting the progress of the scheme, he noted that North West states received the highest disbursement of ₦10 billion, followed by North Central with ₦6.6 billion, and North East with ₦5.9 billion. South East benefitted from ₦4.8 billion, while other zones are awaiting final reports.

He said that a breakdown of the disbursements reveals that 70% of the beneficiaries are women and youth, with a deliberate focus on empowering these demographics.

“Additionally, 10% of the funds have gone to persons with disabilities, 5% to senior citizens (primarily pensioners), and 15% to other demographic groups, ensuring an inclusive approach.

“As of now, 810,945 beneficiaries have been supported across the country, leaving approximately ₦10 billion to be disbursed.

“This intervention, part of a nationwide initiative to cushion the effects of fuel subsidy removal, has benefitted 26,540 small-scale entrepreneurs across the state’s 27 local government areas,”he said.

“It also underscores the Federal Government’s commitment to supporting local economies and vulnerable groups in the aftermath of subsidy removal.

“In the South-East region, 96,000 beneficiaries across 95 local governments have received grants, while the South-South recorded over 117,000 beneficiaries in 123 local governments. The South-West saw over 146,000 beneficiaries across 137 local governments.

“In Borno State, the initiative has provided critical support to various sectors, including traders, artisans, ICT operators, food service providers, and transporters.

“Beneficiaries received grants of ₦50,000 each, with the disbursements facilitated by the Bank of Industry in collaboration with state governments,”he said.

He noted that the PCGS was expected to bolster economic activities in targeted sectors, providing a cushion for nano businesses and vulnerable groups in the aftermath of the subsidy removal.

According to him, the beneficiaries were selected based on criteria such as possession of a BVN, NIN, and evidence of business premises.

He praised the seamless execution of the scheme attributed to collaboration with the National Assembly and other critical stakeholders.

FG disburses N1.3 Billion to support nano- businesses in Borno

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Military Air precision bombardment neutralises over 50 terrorists after attack on Ngoshe in Borno

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Military Air precision bombardment neutralises over 50 terrorists after attack on Ngoshe in Borno

By: Zagazola Makama

The Air Component of Operation Hadin Kai has neutralised over 50 suspected Boko Haram/ISWAP terrorists following precision air strikes on their withdrawal routes after a failed attack on Ngoshe in Gwoza Local Government Area of Borno.

Sources told Zagazola Makama that the officer said the terrorists had, at about 7:30 p.m. on March 3, launched a coordinated assault on artillery positions in Ngoshe, a community located about 12 kilometres from Pulka and 31 kilometres from Gwoza town.

“The insurgents attempted to overrun the artillery positions in a surprise evening attack. Troops on ground responded effectively but conducted a tactical withdrawal under intense fire to preserve personnel and equipment while reinforcements were being mobilised,” he said.

The sources explained that the insurgents had adopted a hit-and-withdraw tactic, abandoning the scene before reinforcement troops fully secured the area.

The sources added that additional troops were immediately deployed, while surveillance platforms tracked the fleeing terrorists along identified withdrawal corridors.

“Upon receipt of real-time intelligence from ground troops, the surveillance aircraft were scrambled to engage the terrorists on their egress routes. The terrorists were sighted moving in clusters in both locations.

“Precision bombardment was conducted on confirmed target clusters and movement trails. Battle Damage Assessment indicates that over 50 terrorists were neutralised in two separate strike runs,” the officer said.

“The air-ground synergy under Operation Hadin Kai ensured that although the terrorists attempted to escape into forested enclaves, they were decisively engaged from the air.

“The strikes also disrupted their logistics and mobility capability within the Ngoshe–Pulka corridor,” he said.

The sources further stated that clearance and area domination operations were ongoing to forestall any regrouping attempts by the insurgents.

He noted that the Ngoshe–Gwoza axis remains a historically volatile corridor due to intermittent activities of Boko Haram and ISWAP remnants exploiting difficult terrain and proximity to cross-border forest zones.

“Operation Hadin Kai remains resolute in sustaining offensive pressure. The message is clear any attempt to attack our positions will attract overwhelming and coordinated firepower,” he said.

He assured residents of Gwoza and surrounding communities of the military’s commitment to protecting lives, supporting resettlement efforts, and consolidating gains recorded in the ongoing counter-insurgency campaign in Borno.

Military Air precision bombardment neutralises over 50 terrorists after attack on Ngoshe in Borno

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Two arrested over alleged child trafficking in Cross River

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Two arrested over alleged child trafficking in Cross River

By; Zagazola Makama

Two suspected child traffickers have been arrested by the Police in Oboho Ito community, Odukpani Local Government Area of Cross River, following a foiled attempt to allegedly sell a one-month-old baby.

Security sources told Zagazola Makama that the suspects were apprehended on March 2 after youths of the community intercepted them based on a tip-off.

According to the source, the mother of the baby, Favour Effiong, reported that on March 1, one Happiness Etim Udoh, allegedly persuaded her to bring her one-month-old child under the pretext of taking her to receive financial assistance for the upkeep of the baby.

“On suspicion, the mother informed her landlord, and community youths laid ambush for the suspect,” the source said.

Udoh was subsequently arrested alongside an alleged accomplice, Ekpo Inyang, said to have no fixed address.

Police say preliminary investigation revealed that the suspects allegedly planned to snatch and sell the baby to a woman in Abuja.

The source further disclosed that during interrogation, the suspects allegedly confessed to previously selling a child for N200,000 to a buyer in Abuja.

It was also alleged that arrangements had been made to hand over the one-month-old baby to a relative of one of the suspects in Abuja, who was reportedly pretending to be pregnant.

The baby was safely recovered and handed back to the mother.

Police said investigation into the matter had commenced, while efforts were ongoing to identify and apprehend other members of the suspected trafficking network.

They reiterated commitment to tackling child trafficking and protecting vulnerable children across the state.

Two arrested over alleged child trafficking in Cross River

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Troops of Operation HADIN KAI repel ISWAP attack in Damasak, three residents shot

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Troops of Operation HADIN KAI repel ISWAP attack in Damasak, three residents shot

By: Zagazola Makama

Troops of Operation HADIN KAI, in collaboration with Civilian Joint Task Force (CJTF)/Hunters Group, successfully repelled an attack by suspected ISWAP terrorists in Damasak town, Nganzai Local Government Area.

According to sources, the assailants invaded the town around 10:30 p.m., opening sporadic gunfire that sent residents fleeing in panic.

“Three civilians, Goni Dauda, 25, of Zanna Umarti Ward; Modu Ya’asham, 32, of Gajiram Town; and Asinamai David, 25, of Bula Kara, Gubio Town, were fatally hit by stray bullets, while Kellu Bukar, 40, an IDP camp resident, sustained a chest wound and is currently receiving treatment at General Hospital Damasak.

The troops stormed the scene and engaged the terrorists in a heavy gun battle forcing them to flee with bullets wounds.

The troops later visited the scene and evacuated the victims.

The corpses of Goni Dauda and Modu Ya’asham were released to their families for burial according to Islamic rites, while Asinamai David was buried according to Christian rites.

Security forces confirmed that normalcy has returned to the town, and monitoring continues to prevent further incidents.

Troops of Operation HADIN KAI repel ISWAP attack in Damasak, three residents shot

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