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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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Transforming Agriculture and Food Security in Nigeria: President Bola Ahmed Tinubu’s Vision

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Transforming Agriculture and Food Security in Nigeria: President Bola Ahmed Tinubu’s Vision

By: Amb. Musa Tsoken

It could be recalled that on the 13th of March, 2023, President Bola Ahmed Tinubu GCFR had raised concerns regarding the devastating hunger that had bedeviled Nigeria and the world at large. However, it was a global threat that needed to be tackled to leverage the negative trend to save humanity.

The vision and mission of Senator Abubakar Kyari in his political sojourn was that of humanity first, which tallies with the agenda of President Bola Ahmed Tinubu GCFR.

No wonder Kyari, who sees his ministry as a savior and a place of succor to Nigeria, did not relent in putting up his best to ensure that the declaration of a state of emergency on food security yields positive results as a major critical area of concern for the nation’s development in terms of providing efficient and essential food for local consumption and generating substantial revenue for both individuals and government.

Agricultural growth is definitely a channel of countering insecurity by providing job opportunities as well as increasing the GDP of Nigeria. 

President Bola Ahmed Tinubu’s administration has made significant strides in reforming the Ministry of Agriculture and Food Security, with the Honourable Minister Senator Abubakar Kyari at the helm. This publication highlights the government’s efforts to address food security challenges, as emphasized by the President and reinforced by the Vice President, Kashim Shettima.

In response to the growing concerns about food insecurity, President Tinubu declared a state of emergency, underscoring the need for urgent action. This declaration has been reinforced by the circular issued by the Secretary to the Government of the Federation, Sen. Dr. George Akume, which emphasizes the importance of focusing on critical areas of the economy, including agriculture.

Under the leadership of Hon. Minister Senator Abubakar Kyari, the ministry has embarked on several reform initiatives, including:

Increasing funding and inputs for farmers to enhance productivity and ensure food security.

Revitalizing Agriculture: Implement policies to increase agricultural production, reduce insecurity, and promote sustainable development.

Food Security as a National Priority: Recognizing food security as an integral component of national security, the administration is working tirelessly to ensure every Nigerian has access to nutritious food.

The government is committed to collaborating with local and international partners to achieve its food security goals. This includes working with the private sector, development organizations, and other stakeholders to leverage expertise, resources, and funding.

President Bola Ahmed Tinubu’s administration is committed to transforming the agricultural sector and ensuring food security for all Nigerians. With the Honourable Minister Senator Abubakar Kyari at the helm, the Ministry of Agriculture and Food Security is driving reforms and initiatives that will have a lasting impact on the country’s food security landscape. Kudos to Sen. Kyari for his tireless effort to ensure transformation, innovation, and advanced technology in agricultural development in Nigeria.

Transforming Agriculture and Food Security in Nigeria: President Bola Ahmed Tinubu’s Vision. 

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Armed Bandits Attack Niger Villages, Kill One, Kidnap Several Others

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Armed Bandits Attack Niger Villages, Kill One, Kidnap Several Others

By: Zagazola Makama

Armed bandits have attacked several villages in Shiroro and Munya Local Government Areas of Niger State, killing one person, kidnapping several others, and rustling an unconfirmed number of cattle.

Intelligence sources told Zagazola Makama that the attack in Shiroro LGA occurred at about 2:15 p.m. on Feb. 22, when bandits on motorcycles invaded Kutako Makera and Galadiman-Kogo villages.

The assailants shot dead a 75-year-old resident, Bansi Kutako, before abducting multiple villagers and stealing cattle.

In a separate incident, bandits stormed Hayin-Dogo village in Munya LGA around 3:50 a.m. on Feb. 23, kidnapping five residents, including two women.

The victims have been identified as: Adamu Danfulani, Umar Sanda, Murtala Tailor, Aisha Rabiu, and Ramatu Murtala, 26

Joint security forces, including the military, police, vigilantes, and DSS special hunters, have been deployed to track the criminals, rescue the abducted persons, and recover stolen livestock.

The command urged residents to remain vigilant and report any suspicious movements to security agencies.

Armed Bandits Attack Niger Villages, Kill One, Kidnap Several Others

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Nigeria, Kazakhstan to Sign MOU in Agriculture, Trade, IT Collaboration

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Nigeria, Kazakhstan to Sign MOU in Agriculture, Trade, IT Collaboration

By: Michael Mike

Nigeria and Kazakhstan are preparing to sign a Memorandum of Understanding (MOU) to cement bilateral relations aimed at building cooperation in agriculture, trade and information technologies.

The plan is presently been consummated at a business conference in Abuja on Sunday, facilitated by the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, which brought into the country 30-member Kazakhstan’s
delegation from its public and private sectors to explore several areas of cooperation.

Speaking at the conference, the minister of the Federal Ministry of Communications, innovation and Digital Economy, Dr Bosun Tijani, said the ministry had already developed a strategic blueprint with six pillars, adding that each of these pillars is a potential area of collaboration and partnership with the Kazakhstan team.

The Minister who was represented by the Permanent Secretary of the Ministry, Faruk Yabo, said: “In particular, pillar number one speaks about knowledge, capacity building and talents. I’m aware that Kazakhstan is quite advanced in terms of its knowledge base in ICT. So this is a big area that we can partner.

“We already have the world’s largest capacity-building initiative that we are running, which is the three million technical talents by 2027. This is intended to train Nigerians in technical talent so that at least 1.5 million of them will be able to work in Europe and the remaining ones could be here.”

He also said the two countries were looking to cooperate in artificial intelligence, adding that Nigeria had just finished drafting its artificial intelligence strategy.

He also called for cooperation in the development of digital infrastructure.

On his part, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, who highlighted the giant strides made so far in the agriculture sector by the current administration, said Nigeria could collaborate with Kazakhstan in many areas of the sector.

Kyari said: “We’re meeting with them on Tuesday at 2 o’clock, and we will talk more and elaborately on some of the opportunities that exist between Nigeria and Kazakhstan in terms of the agricultural space.

“We are not asking only for them to come and invest. We are also asking for us to partner with them. What is it that they need? We have products that we have in abundance here.”

The Kazakhstan head of delegation, Alibek Kuantyrov, on his part, said this is the first official delegation from Kazakhstan to Nigeria, adding that the huge population of youths in the two countries provided an opportunity for cooperation.

“Our main trajectory is economic development, and we are the largest economy in Central Asia. So the same as Nigeria, Nigeria is a leader in the African continent.

“We see Nigeria as a very important partner and also the channel to go through the whole continent, and I think we can work together in terms of the transit of goods, trade and also making pure mutual investment in the field of minerals.

“We’re also an ICT and AI nation and also a FinTech nation, the sectors that are being developed in Nigeria and now we have managed and come to a conclusion that we can also open some FinTech and banking companies in the Nigerian markets.

“We can also exchange our ICT products and make an exchange of students because we have a target in our country to prepare at least 1 million IT specialists.”

The Ooni of Ife, who conveyed the meeting, said President Bola Tinubu should be credited for being proactive and making the business conference a reality, adding that it was a follow-up from the meeting between the presidents of the two countries in Abu Dhabi in January.

“They are very bullish. They are serious. They mean business. They’re here with their largest contingent, and they want to see how to explore so many things, and it will really help Nigerian youth in terms of employment. Look at another beautiful thing that came up today as a country. They’re changing their visa policy for them to accommodate Nigerians that are so talented in the area of tech, artificial intelligence, in area of writing codes.”

Nigeria, Kazakhstan to Sign MOU in Agriculture, Trade, IT Collaboration

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