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Our Resolve To Protect SMEs Remain Unshaken – VP Shettima
Our Resolve To Protect SMEs Remain Unshaken – VP Shettima
Commissions SMEDAN headquarters in Abuja
By: Our Reporter
Vice President Kashim Shettima has said the federal government under President Bola Ahmed Tinubu’s watch will never shift ground in its determination to protect businesses in Nigeria.
According to him, enterprises are not only the very bedrock of a society but also reflect the direction the government is heading to and the speed with which it is doing so.
The VP who stated this on Wednesday while commissioning the corporate headquarters of the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Abuja noted that the Tinubu administration is strategically focusing on job creation, capital accessibility, economic growth, and poverty eradication to revamp the economy.
Shettima said, “Allow me to emphasise the importance of this moment: there is no more fitting time than now to reinforce the protection of enterprises in Nigeria. These enterprises not only stand as the very bedrock of our society but also reflect the direction the government is headed and the velocity with which we do so.
“This moment solidifies His Excellency President Bola Ahmed Tinubu’s assurance to protect our enterprises. It resonates deeply within our economic revitalisation plan. His focus on job creation, capital accessibility, economic growth, and poverty eradication forms the very skeleton of our strategy to invigorate the economy. Inevitably, this path demands tough decisions, yet ones essential to our success.”
The VP also recalled that he had inaugurated the National MSME Council ten days ago, saying it was just the beginning that sets the stage for what is up ahead.
Explaining how President Tinubu intends to make sure businesses and other economic enterprises prosper in the country, VP Shettima said, “Notably, our partnership with the Bank of Industry to unveil a N75 billion, 9% interest loan accessible to Nigerian MSMEs as of January 2024 is a pivotal stride. This initiative is geared towards fostering a more conducive and enabling business environment.
“This government doesn’t just boast some of the nation’s finest talents; it champions those invested in ensuring our business owners have front-row seats in our journey towards progress. Our goal is to cultivate an ecosystem where Nigerian businesses become regular features in globally recognized publications such as Forbes, Bloomberg, and the Financial Times for the right reasons.
“We are all well aware that Mr. President’s readiness to take action has never faltered, and what we are witnessing here is just a component of the strategies in place to create a future brimming with endless opportunities”.
The Vice President congratulated the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, and the leadership of SMEDAN, saying they have proven that they are ready to transform “concepts into tangible actions.
“This initiative renews hope for a critical segment of our entrepreneurial community, and highlights our sensitivity to the economic clock of the nation,” he added.
Earlier in her remarks, Minister of Industry, Trade and Investment, Dr Uzoka-Anite, thanked Vice President Shettima for his unwavering support to MSMEs in the country.
She said the completion and commissioning of the new SMEDAN Complex is a clear demonstration of the commitment of the Tinubu administration to the development of the MSME space.
She also outlined other initiatives of the federal government targeted at building capacity and linking MSMEs to markets at home and abroad.
For his part, the Director General of SMEDAN, Mr Charles Odii, thanked the Vice President for his support and guidance in the actualisation of the project and leadership in the MSME space.
He said the agency and the entire MSME community in Nigeria have recorded significant achievements within a short period of time under the leadership of the VP.
He assured that the agency will continue to collaborate with sister organisations to ensure sustainable growth in the sector.
Other dignitaries at the event were the Chairman of the Senate Committee on Industry, Trade and Investment, Sen. Fadahunsi Anthony; Chairman of the Senate Committee on Niger Delta, Sen. Asuquo Ekpenyong; Chairman of the House Committee on Small and Medium Enterprises, Hon. Mansur Manu Soro; Minister of State for Youth Development, Mr Ayodele Olawande; Permanent Secretary in the Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, as well as heads of government agencies and parastatals.
Our Resolve To Protect SMEs Remain Unshaken – VP Shettima
News
Troops repel attack by gunmen in Plateau – Army
Troops repel attack by gunmen in Plateau – Army
By: Zagazola Makama
Troops of Sector 6, Operation Enduring peace, have repelled an attack by unidentified gunmen in Riyom Local Government Area of Plateau State.
Sources said the incident occurred at about 8:00 p.m. on May 5 at Rim general area.
According to the source, troops deployed at the location came under sporadic gunfire from unknown assailants.
He said the troops swiftly responded and engaged the attackers, forcing them to withdraw from the area.
“Troops successfully repelled the attack, and the criminals fled,” the source said.
The source added that follow-up patrols had been intensified to track the fleeing attackers and prevent further security breaches in the area.
Troops repel attack by gunmen in Plateau – Army
News
Zulum meets NPA’s mgt in Lagos, wants Borno’s export capabilities scaled up
Zulum meets NPA’s mgt in Lagos, wants Borno’s export capabilities scaled up
By: Michael Mike
Borno State Governor, Professor Babagana Zulum, met with the management of the Nigerian Ports Authority (NPA) in Lagos on Tuesday during which he discussed opportunities for his state’s local creators to link into the value chain.
Zulum’s administration, since 2019, has pushed to diversify Borno’s economy while also creating a conducive environment for business and investment.

The governor, who was received by the Managing Director/Chief Executive Officer of the NPA, Dr Abubakar Dantsoho, alongside Executive Director, Engr. Ibrahim Abba Umar, had paid a similar high-level visit to the Nigerian Shippers’ Council (NSC) last year.
At the NSC meeting, Zulum had pushed for the fast-tracking of the Maiduguri Dry Inland Port; a landmark project designed to bring port services closer to the northeast.
Once operational, the dry port will create thousands of jobs, generate significant internal revenue and boost Borno’s overall economic activity by reducing logistics costs and decongesting coastal ports.

In a related development, Zulum’s administration is also working to fully establish the African Continental Free Trade Area (AfCFTA) in Banki, a border town neighbouring the Republic of Cameroon, with the process already at an advanced stage.
By simultaneously advancing the Dry Inland Port in Maiduguri and the Free Trade Zone in Banki, Zulum is putting in place a coherent strategy to industrialise Borno, create jobs, generate revenue and permanently shift the state’s economy away from over-reliance on monthly federal allocations.
Zulum meets NPA’s mgt in Lagos, wants Borno’s export capabilities scaled up
News
APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership
APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership
By: Michael Mike
The All Progressives Congress (APC) in Oyo State has hailed the nomination of Chief Joseph Olasunkanmi Tegbe as Nigeria’s Minister of Power, describing it as a timely move amid the country’s persistent electricity challenges.
In a statement issued in Ibadan, the party’s state leadership said Tegbe’s selection reflects both merit and the urgent need for competent leadership in the nation’s power sector.
The statement, jointly signed by State Chairman Chief Moses Adeyemo Alake and State Secretary Hon. Fatai Adesina, expressed strong confidence in Tegbe’s ability to drive meaningful reforms, citing his extensive professional background and policy experience.
Tegbe, an engineer and seasoned policy strategist, brings over three decades of experience spanning engineering, consulting, and public sector advisory.
He previously served as Director-General of the Nigeria–China Strategic Partnership, where he coordinated bilateral development initiatives and investment engagements between both countries.
He also chaired the National Tax Policy Implementation Committee, playing a key role in advancing Nigeria’s fiscal reform agenda and strengthening revenue frameworks.
Before transitioning fully into public service, Tegbe built a distinguished career at KPMG, rising to become Senior Partner and Head of Advisory Services in Africa. In that role, he led major engagements on governance reforms, economic policy, institutional transformation, and investment strategy across both public and private sectors.
Earlier in his career, he worked with Shell Petroleum Development Company, gaining experience in corporate operations and resource management.
Academically, Tegbe holds a first-class degree in Civil Engineering from Obafemi Awolowo University and has attended executive programmes at globally renowned institutions including Harvard and INSEAD, further reinforcing his technical and leadership credentials.
The APC noted that this blend of technical expertise and policy leadership positions him to tackle longstanding challenges in power generation, transmission, and distribution.
“The APC in Oyo State is confident that Chief Tegbe will bring innovation, efficiency, and sustainable solutions to Nigeria’s power sector. His history of performance and commitment to service positions him to make meaningful contributions to national development,” the statement read.
The party emphasized that Nigeria is at a critical stage where strategic direction is essential to unlock sustainable energy solutions, noting that Tegbe’s leadership could help reposition the sector for improved performance.
It added that the APC in Oyo would offer its full support while maintaining constructive engagement with the minister-designate and other stakeholders to ensure progress.
The statement also acknowledged Tegbe’s longstanding contributions to the growth of the party in the state, expressing optimism that his new role would further deepen his commitment to national development.
The APC wished him a successful tenure, expressing hope that his leadership would mark a significant shift toward stable and reliable electricity supply across the country.
APC Backs Tegbe for Power Reforms, Cites Proven Expertise, Strategic Leadership
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