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Our Resolve To Protect SMEs Remain Unshaken – VP Shettima

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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

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21 passengers rescued by troops as bandits attack multiple vehicles on Kogi highways, 2 security personnel killed

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21 passengers rescued by troops as bandits attack multiple vehicles on Kogi highways, 2 security personnel killed

By: Zagazola Makama

At least twenty-one passengers were rescued unhurt following coordinated attacks by armed bandits on multiple vehicles along Kogi State highways on Thursday, while two security personnel were confirmed dead during the ensuing rescue operations.

Sources reported that about 100 armed bandits attacked a Toyota Siena with registration number YAB 968 AX traveling from Oshogbo to Kaduna, a Toyota Hiace bus (7BGT-78LG) conveying passengers from Owo, Ondo State to Abuja.

Another Toyota Hiace (GKP 178 XA) from Abuja to Ekiti State, a Toyota Carina (JMU 648 AA) from Lokoja to Kabba, a Dangote truck transporting 900 bags of cement, and a J5 bus (FTA 313 XV) carrying bags of pepper from Kano to Lagos.

The attacks occurred around 2:00 p.m., leaving passengers vulnerable to abduction.

A joint rescue operation involving the 12 Brigade of the Nigerian Army, Quick Response Units (QRU), Nigeria Security and Civil Defence Corps vigilantes, local hunters, and other security operatives swiftly engaged the bandits in a gun duel.

The operation successfully secured the release of 21 passengers, including men, women, and infants. Rescued passengers include Moses Oladimeji, Adele Jacob, Obed Onche, Babayemi Ajayi, Funmilayo Ajayi, Samuel Olawoyin, Samuel Job, Jemima Joseph, Nanko Joseph, Enenche Paulina, Bright Enenche, Rachael Enenche, Deborah Enenche (9 days old), Bukola Clement, Toyin Clement, Glory Clement, Faith Clement, Peter Olawale, and the drivers of the Dangote truck and J5 bus.

Tragically, one soldier attached to the Oshokoshoko sector and one vigilante from Odoape lost their lives during the exchange of fire. Their identities are yet to be confirmed.

Rescue operations are ongoing to track down any remaining abducted victims and apprehend the perpetrators.

Communities along the highways remain on high alert following the attacks, highlighting the continued threat of organized banditry in Kogi State.

The operation demonstrates the effectiveness of coordinated efforts between military, vigilante, and local security forces in responding to large-scale armed bandit attacks, although the loss of personnel underscores the dangers faced by security operatives during such missions.

21 passengers rescued by troops as bandits attack multiple vehicles on Kogi highways, 2 security personnel killed

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Kogi communities reeling as fleeing bandits from Kwara kill four

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Kogi communities reeling as fleeing bandits from Kwara kill four

By: Zagazola Makama

Residents of several Kogi State communities are counting their losses after fleeing armed bandits from Kwara State, displaced by ongoing military clearance operations, stormed the area on Thursday morning, leaving four men dead.

According to local sources, the attackers, travelling on motorcycles, entered Kogi through bush paths from Patigi in Kwara State and moved through Bunu and Kiri communities, firing indiscriminately.

The victims included Dare Olorunfemi, 34, of Ihale community; John (surname unknown), 33, of Taki area; Abdul Siworo, 33, of Ike area; and Oladele Samuel, 25, of Ayetoro-Kiri community.

Eyewitnesses reported that the bandits, heavily armed and in large numbers, continued towards the Kakanda/Ankumi forest in Obajana, Lokoja Local Government Area, leaving the communities in shock and fear.

intelligence sources suggesting that the attackers have taken refuge around Masalacin Boka area.

Residents described the tension as “palpable,” urging urgent intervention to dislodge the bandits before they consolidate in the forests.

The incident illustrated the ripple effect of security operations in neighbouring states, as armed groups displaced by military offensives migrate and wreak havoc on adjacent communities, threatening livelihoods and local stability.

Efforts to safeguard the affected communities and prevent further attacks are ongoing by security forces.

Kogi communities reeling as fleeing bandits from Kwara kill four

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Police arrested four suspected kidnappers arrested, identified accomplices

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Police arrested four suspected kidnappers arrested, identified accomplices

By: Zagazola Makama

The Police have reportedly arrested four suspected kidnappers and their informants following the abduction of ten persons between Koso Likoro and Soba villages in Mashegu Local Government Area, Niger State.

Sources said the suspects were traced to a hideout around Ibbi Forest, where a joint operation led to the arrest of Sanda Dan, Mallam Wantau, and Atiku.

During interrogation, the suspects reportedly confessed and implicated Buba Maiyara, Mantile Alh Majo, and Bilya Musa Baushe, all from Koso village, as their accomplices.

In a subsequent operation, Manu Malami Shehu Maiyara was also arrested and admitted that his son, Buba Maiyara, together with his associates, were responsible for the abductions and cattle rustling in the area.

Sources said that the case remains under investigation.

Police arrested four suspected kidnappers arrested, identified accomplices

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