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FG disburses N1.3 Billion to support nano- businesses in Borno
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
News
Plateau: five killed in Kwi community reprisal after attack on cattle by Berom Militias
Plateau: five killed in Kwi community reprisal after attack on cattle by Berom Militias
By: Zagazola Makama
At least five persons have been confirmed killed following a reprisal attack in Kwi community, Riyom Local Government Area of Plateau State, after suspected Berom militias reportedly shot and slaughtered several cows belonging to Fulani herders.
Security sources told Zagazola Makama on Saturday that the initial attack on the cattle occurred around 4:45 p.m. on Thursday, Oct. 30, when armed youths invaded grazing areas in Kwi and opened fire on the herders’ livestock.
According to the sources, more than a dozen cows were killed, while several others sustained gunshot and machete injuries. The incident triggered a swift reprisal later that night, resulting in the deaths of five people within the same vicinity.
“The attackers shot over ten cows and butchered some. In the night, there was a counter-attack that led to the death of five people,” sources said.
Zagazola gathered that the situation has heightened tension in the area, with residents fleeing their homes in fear of further violence.
Troops of Operation Safe Haven and other security forces have since been deployed to the area to restore calm and prevent escalation.
Zagazola recalls that Riyom and neighboring Barkin Ladi local government areas have remained flashpoints of recurrent ethno-communal violence between Berom farmers and Fulani herders, as government of the state failed to contain the crises.
Plateau: five killed in Kwi community reprisal after attack on cattle by Berom Militias
News
FCT police rescue 23 foreign nationals, bust kidnapping syndicate
FCT police rescue 23 foreign nationals, bust kidnapping syndicate
By: Zagazola Makama
Operatives of the Federal Capital Territory (FCT) Police Command have smashed a major kidnapping syndicate and rescued 23 foreign nationals who were being held hostage in Nasarawa State.
Zagazola Makama gathered from security sources that the operation, carried out by the elite Scorpion Squad led by ACP Victor Godfrey, followed a credible digital intelligence report and marked another major breakthrough in the ongoing effort to rid the FCT and its environs of criminal elements.
The sources said the suspects were arrested on Oct. 22, 2025, around 8 p.m., when the Scorpion Squad stormed Agwan Adamu Ruga Fulani, Zone B, River Side, Ado area of Mararaba, Nasarawa State.
According to the sources, 14 suspected kidnappers were apprehended during the raid, while 23 victims comprising 14 men, eight women, and a child were rescued.
Investigations revealed that the victims were foreign nationals mainly Malians who had been lured into Nigeria under the guise of securing employment but were subsequently abducted and held captive in two fortified two-bedroom apartments.
The police added that the breakthrough came after a formal complaint was lodged on Oct. 21, 2025, by Mr. Dembele Talibe, a 55-year-old Malian national and President of the Diaspora Malians Citizens Organization in Nigeria.
Talibe had reported the disappearance of several Malian citizens who, according to him, had been tricked with false job offers before being held for ransom.
“The kidnappers were demanding ransom payments from relatives of the victims using WhatsApp as their primary communication channel,” the police source said.
Upon receiving the report, the Scorpion Squad swiftly deployed digital tracking systems that led to the identification of the suspects’ hideout. The subsequent raid resulted in the rescue of the victims and the arrest of key members of the criminal network.
Among the rescued were one Cameroonian, one Nigerien, and one Burkinabé national. Items recovered from the scene included mobile phones, cooking utensils, mattresses, and other household items believed to have been used by the suspects.
Highest Police authorities confirmed that investigation was ongoing to apprehend the landlord of the property and other fleeing accomplices.
The operation illustrates the FCT Command’s renewed focus on intelligence-led policing, the use of technology in crime detection, and collaboration with local and international stakeholders to combat cross-border criminal networks.
The successful rescue has also drawn commendation from diplomatic circles and human rights advocates, who hailed the effort as a step toward dismantling transnational criminal enterprises operating within Nigeria’s borders.
FCT police rescue 23 foreign nationals, bust kidnapping syndicate
News
Troops eliminate Boko Haram, repel terrorists’ ambush along Bama–Konduga road in Borno
Troops eliminate Boko Haram, repel terrorists’ ambush along Bama–Konduga road in Borno
By: Zagazola Makama
Troops of the Joint Task Force (JTF), North East Operation Hadin Kai, have repelled an ambush by Boko Haram/ISWAP terrorists along the Main Supply Route (MSR) between Bama and Konduga in Borno State.

Zagazola Makama gathered that the troops, along with members of the Civilian Joint Task Force, were on ambush operations under Operation Desert Sanity IV when they came under enemy contact.
The incident occurred on Oct. 30 at about 7:38 p.m. around the Charlie 5 axis, along the Bama–Konduga road, during a coordinated ambush mission.
It stated that the troops engaged the terrorists believed to have infiltrated from the Geizuwa–Sambisa forest axis and forced them to flee in disarray after a fierce exchange of fire.
“Subsequent exploitation conducted by the troops on Oct. 31 led to the discovery of one terrorist’s corpse within a 3-kilometre radius toward the Sambisa forest axis,” the sources said.

During the mop-up operation, the troops recovered one AK-47 rifle, a magazine containing eight rounds of 7.62mm special ammunition, 90 rounds of 7.62mm x 54mm ball linked ammunition, and four bicycles believed to have been used by the fleeing insurgents.
Sources confirmed that no soldier was injured during the encounter.
Troops eliminate Boko Haram, repel terrorists’ ambush along Bama–Konduga road in Borno
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