National News
FG Moves To Fast Track MSMEs Growth, Sets Up C’ttee To Enhance Financing

FG Moves To Fast Track MSMEs Growth, Sets Up C’ttee To Enhance Financing
** We’ll be more deliberate in supporting small business owners to grow – VP Shettima
By: Our Reporter
The Vice President, Senator Kashim Shettima, has said that the federal government, working in collaboration with other stakeholders, will be more deliberate in ensuring growth in the Micro, Small and Medium Enterprises (MSMEs) space in Nigeria.
To this end, the National Council on Micro, Small and Medium Enterprises (MSMEs) has set up a committee to interface with the Central Bank of Nigeria to enhance the financing of small businesses in the country.
This was part of decisions taken on Tuesday at the first meeting of the National Council on MSMEs for 2025 held at the Presidential Villa, Abuja.
Speaking after deliberations by members, Vice President Shettima said the federal government, through its agencies and partners, has the moral burden of supporting growth in the MSME space and facilitating job creation across different sectors for Nigerians.
Reeling out the mandate of the committee, the Vice President said the efforts of the administration of President Bola Ahmed Tinubu in supporting small businesses, evident in important policies and programmes, need to be complemented by stakeholders, especially the private sector.
The committee headed by the Minister of State for Industry, Trade and Investment, Sen. John Enoh, has Ministers of Science and Technology; Women Affairs; Minister of State for Agriculture and Food Security and the Senior Special Assistant to the President on MSMEs as members.
Others include the CEOs of Bank of Industry, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Bank of Agriculture (BOI), Nigeria Export-Import Bank (NEXIM Bank), Development Bank of Nigeria (DBN), Corporate Affairs Commission (CAC), Nigerian Investment Promotion Commission (NIPC), Nigerian Export Promotion Council (NEPC), and the representative of NACCIMA and the organized private sector.
In the same vein, Council also approved a loan scheme for MSMEs known as the syndicated de-risked loans for small businesses.
The scheme will be a partnership between state governments and financial institutions aimed at enhancing access to finance for MSMEs at single-digit rates across the country.
Vice President Shettima advised state governments to set up vehicles that are devoid of political interests to drive the implementation of the syndicated de-risked loans for the MSMEs scheme.
“Some of these initiatives are laudable and will need to outlive the present administrations in the States. Regardless of political affiliations, Nigerians must be seen to be the ultimate beneficiaries of these schemes that we are trying to put in place,” the VP stated.
Earlier, the Senior Special Assistant to the President on MSMEs, Mr Temitola Adekunle-Johnson, presented the ‘syndicated de-risked loans’ scheme for small businesses, seeking the cooperation of members and describing it as a game-changing programme to provide affordable and available loans for businesses.
He said the initiative is in acknowledgement of the President’s passion and commitment to the development of small businesses and aimed at providing more jobs for Nigerians.
In his presentation on the state of MSMEs in Nigeria, the DG SMEDAN, Mr Charles Odii, said the agency was proposing an initiative which was born from a 3-day MSME conference held in 2024.
He said the initiative known as the GROW Nigeria strategy is to provide guidance, resources, opportunities, and the workforce to support the about 40 million small businesses across 8 distinct sectors.
Present at the meeting were the Deputy Governor of Enugu State, Mr Ifeanyi Ossai; the representatives of the Governors of Benue and Katsina States; the Minister of State for Industry, Trade and Investment, Sen. John Enoh; Ministers of Science and Technology, Mr Uche Nnaji; Women Affairs, Hajiya Imaan Sulaiman-Ibrahim; Minister of State for Agriculture and Food Security, Sen. Aliyu Abdullahi; representative of the Governor of Central Bank of Nigeria.
Others are the CEOs of Bank of Industry (BOI), Bank of Agriculture (BOA), Nigeria Export-Import Bank (NEXIM Bank), Development Bank of Nigeria (DBN), Corporate Affairs Commission (CAC), Nigerian Investment Promotion Commission (NIPC), Nigerian Export Promotion Council (NEPC), NAFDAC, Standards Organisation of Nigeria (SON); National Bureau of Statistics (NBS); the Presidents of NACCIMA and National Association of Small and Medium Enterprises (NASME).
FG Moves To Fast Track MSMEs Growth, Sets Up C’ttee To Enhance Financing
National News
JAJI LAUDS SANWO-OLU, GBAJABIAMILA

JAJI LAUDS SANWO-OLU, GBAJABIAMILA
· CALLS EX-SPEAKER BRIDGE BUILDER, REDEEMER OF THE MASSES
By: Our Reporter
Lagos politician, Oladipo Jaji, on Saturday described the Chief of Staff to the President, Rt Hon Femi Gbajabiamila as the champion of the people’s cause and bridge between all divides.
‘’Rt. Hon Femi Gbajabiamila is kind, upright, conscientious and deeply religious’’
He also described the Governor of Lagos State, Babajide Sanwo-Olu as a resourceful and persistent organizer.
Jaji in a statement in Surulere commended the former Speaker of the House of Representatives for his brilliant dramatization of politics as the medium of empowerment, development, education and leadership.
The All Progressives Congress (APC) chieftain applauded Sanwo Olu for handling development issues in Lagos State with general skill and efficiency.
The gender conscious governor was also praised for sustaining peace, developing a new moral climate and executing several projects across the state.
Jaji praised Gbajabiamila for carrying the load of the president’s office with calm, deepening grassroots democracy, giving a greater sense of security to the people, empowering the youths and enriching their knowledge to enable them garner necessary experiences for higher challenges.
‘’Rt. Hon Femi Gbajabiamila unlocked new energies in the good people of Surulere. He also rekindled hope in other parts of Lagos State’’.
The dashing leader was applauded for standing up for the people, encouraging the women and stimulating the imagination of politicians in Lagos to new visions of things to be done.
Particularly, Jaji hailed Gbajabiamila for his deep sincerity, intellectual ability and dedication to public service.
The statement highlighted qualities of poise and endurance, integrity and honesty of purpose, loyalty and ardor.
It also emphasized Gbajabiamila’s largeness of vision and inexhaustible energy.
‘’I wish His Excellency, Governor Babatunde Sanwo-Olu and Rt Hon Femi Gbajabiamila robust health, much joy and unlimited strength’’ the statement added.
JAJI LAUDS SANWO-OLU, GBAJABIAMILA
National News
At Launch Of Ethiopia’s GLI, VP Shettima Urges Practical Action Against Climate Change

At Launch Of Ethiopia’s GLI, VP Shettima Urges Practical Action Against Climate Change
** Says Nigeria, Ethiopia have the largest stake in Africa’s future by keeping continent green
By: Our Reporter
Vice President Kashim Shettima has called on nations of the world to be decisive about combating climate change, saying it is a danger that must be arrested with practical actions.
According to him, while the global threat is not one that can be resolved in a conference room, it requires each country to respond to the peculiarities of the ecological burdens confronting them.
The Nigerian Vice President, who stated this on Friday during the official launch of Ethiopia’s Green Legacy Initiative (GLI), in Addis Ababa, the Ethiopian capital, said he was delighted to share in the joy of Ethiopia’s resolve to confront the threat posed by climate change “with clarity, courage, and conviction.”
The Ethiopian Green Legacy Programme, which is designed to combat deforestation, enhance biodiversity, and mitigate the adverse effects of climate change, targets the planting of 20 billion tree seedlings over a four-year period.
Senator Shettima, who is in the East African country for an official State visit at the invitation of the Prime Minister of the Federal Democratic Republic of Ethiopia, Dr. Abiy Ahmed Ali, implored nations to enhance their climate plans by doubling their adaptation and mitigation efforts.
He said, “We have long accepted that climate change is not a problem to be solved in a conference room; it is a danger we must arrest with practical actions, with each nation rising to the occasion by responding to the peculiarities of the ecological burdens they face.
“Ethiopia’s Green Legacy Initiative is one such response. It is an inspiring blueprint to reimagine the future. The promise of GLI is the dream of every nation. It is a lesson in vision, in purpose, and in audacity. For those of us who have followed this programme, the numbers are staggering, but the impact is even more compelling.
“To plant 20 billion seedlings within four years, to establish over 20,000 nurseries, and to create hundreds of thousands of green jobs is to show that the future is something we must plant, nurture, and build.”
VP Shettima noted that he was not in Ethiopia to only share in the country’s joy and exchange ideas but to also convey what he described as the deep and abiding solidarity of his boss, President Bola Ahmed Tinubu, and the people of Nigeria.
Applauding those who made the Green Legacy Initiative a reality, he assured Ethiopia of Nigeria’s unflinching support, adding that both countries have the largest stake in Africa’s future.
“Ethiopia and Nigeria are the two most populous countries in Africa. This distinction is not just statistical; it is existential. It means we have the largest stake in Africa’s future. It means that more of our people are exposed to the peril of climate change, and it also means that we face the highest cost of inaction.
“This is why we are not mere spectators in this fight. We are partners. We are participants. And we are prepared to play our part to keep Africa green,” the Vice President pledged, just as he said it is the promise Nigeria and other nations have been making at the Conferences of the Parties (COP) every year.
“It is the pledge we renewed at the last COP in Azerbaijan. And today, we gather not only to stand by this promise but to celebrate the path Ethiopia has illuminated for the world,” he added.
Senator Shettima thanked the government and people of Ethiopia for the warmth and generosity extended to him and other members of the Nigerian delegation.
He said they felt at home, “not just because of the hospitality shown to them, but because the launch of the Green Legacy Programme resonates with the aspirations “to leave behind a planet fit for the dreams of generations to come.
In his address at the event, Ethiopian Prime Minister Abiy Ahmed called on African countries to make the Green Legacy a culture, adding that Ethiopia was proud of Nigeria and its bold move to embrace the green initiative.
The Prime Minister called for partnership across African countries, stating that it was time to place less emphasis on foreign aid and begin to focus more on indigenous and home-grown domestic ideas and visions.
“This year’s Green Legacy is to rise by planting, and it is in consonance with our plan to shock the world with our Green Legacy vision. We never received any aid when we set out to achieve our 20 billion tree planting initiative.
“We thank Nigeria for supporting and accepting this initiative. With its population and growing economy, we are sure that the government of President Bola Ahmed Tinubu, as exemplified by the esteemed presence of Vice President Kashim Shettima, will go a long way in raising the awareness and collaborative effort needed amongst African countries,” the Prime Minister said.
He further expressed optimism that with Ethiopia’s hosting of the forthcoming United Nations summit on Climate Change, the stage is set for all hands to be on deck to achieve one of Ethiopia’s biggest green revolution plans.
Earlier in the day, Vice President Shettima was guided through Ethiopia’s Unity Park, Science Museum, and the Adwa Victory Memorial Museum, which showcase Ethiopia’s historic and transformative trajectory.
At Launch Of Ethiopia’s GLI, VP Shettima Urges Practical Action Against Climate Change
National News
VP Shettima Arrives For Ethiopia’s Green Legacy Programme Launch

VP Shettima Arrives For Ethiopia’s Green Legacy Programme Launch
By: Our Reporter
Vice President Kashim Shettima has arrived at the venue for the official launch of Ethiopia’s flagship Green Legacy Programme in Addis Ababa.
The project is part of Nigeria’s commitment to regional and continental collaboration on climate action and aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which prioritizes environmental sustainability, food security, and green economic growth.
VP Shettima is in the company of the Ethiopian Prime Minister, Abiy Ahmed.
The Vice President, who is on an official state visit to Ethiopia, will participate in the launch ceremony of the environmental initiative aimed at combating deforestation and mitigating climate change effects.
The Green Legacy Programme targets the planting of 20 billion tree seedlings over a four-year period to enhance biodiversity and address environmental challenges across Ethiopia.
This initiative aligns with Nigeria’s existing endeavours in afforestation and reforestation, such as the Great Green Wall project, which focuses on restoring damaged environments, combating desertification, and fostering climate resilience throughout the Sahel region.
VP Shettima Arrives For Ethiopia’s Green Legacy Programme Launch
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