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

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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

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Tinubu orders full investigation into deaths of suspected illegal miners in NSCDC custody

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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

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Breaking: NSCDC launches probe as 30 suspected illegal miners die in Commands custody in Niger

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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

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VP SHETTIMA CLARIFIES REMARKS ON NORTHERN GOVERNORS’ SUPPORT FOR PRESIDENT TINUBU

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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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