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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 Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
By: Zagazola Makama
Troops have arrested two suspected illegal arms manufacturers during a raid on a criminal hideout in Langtang North Local Government Area of Plateau State.
Security sources disclosed that the operation was carried out at about 5:00 p.m. on April 22 at Gwandanu Village, following credible intelligence on illicit arms production in the area.

According to the sources, the suspects were apprehended while actively engaged in the fabrication of weapons.
Items recovered during the operation include two AK-47 rifles, one G3 rifle, two generating sets, a welding machine, a drilling machine, a hand filer and a toolbox, among other items.
The suspects are currently in military custody pending further investigation.

The sources added that troops have intensified efforts to mop up illegally fabricated arms in the general area as part of ongoing operations to curb criminal activities and enhance security in the state.
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
News
Irate Plateau Youths Attempt Attack on NSCDC Facility, Troops Intervene to Avert Crisis
Irate Plateau Youths Attempt Attack on NSCDC Facility, Troops Intervene to Avert Crisis
By: Zagazola Makama
Troops of the Nigerian Army have successfully averted an attempted mob attack on a Nigeria Security and Civil Defence Corps (NSCDC) outpost in Plateau State, following unrest triggered by the detention of a suspect.
Security sources told Zagazola that the incident occurred within the operational area of Sector 6 under Operation Enduring Peace.

The sources said troops responded at about 11:00 a.m. on April 21 to intelligence indicating that irate youths had mobilised to attack and burn down the NSCDC outpost in Vom, Jos South Local Government Area.
According to the sources, the youths had gathered in protest over the detention of a suspect and were reportedly attempting to carry out jungle justice, as well as destroy the security facility.
Troops, working in collaboration with other security agencies, swiftly moved to the scene and dispersed the crowd before the situation escalated.

They also provided adequate security cover, enabling the safe evacuation of the detained suspect to the NSCDC headquarters to prevent further unrest.
The prompt intervention of the troops ensured that no lives were lost and the facility remained intact.
Irate Plateau Youths Attempt Attack on NSCDC Facility, Troops Intervene to Avert Crisis
News
Troops Conduct Clearance Patrol, Dominate Tuba Axis in Borno
Troops Conduct Clearance Patrol, Dominate Tuba Axis in Borno
By: Zagazola Makama
Troops of the Nigerian Army have conducted a successful clearance patrol around the Tuba axis in Borno State, as part of ongoing operations to deny Boko Haram/ISWAP freedom of movement.
Security sources said that the operation was carried out by troops of 212 Battalion under Operation Hadin Kai, following credible intelligence on suspected terrorist activities within three kilometres east of the Forward Operating Base (FOB) Tuba.
The troops conducted a fighting patrol covering approximately 7.5 to 8 kilometres around the FOB, scanning multiple directions within the area of responsibility.
According to the sources, the terrorists hastily fled on sighting the advancing troops.
The patrol was described as hitch-free, with troops successfully dominating the general area and identifying no immediate threats.
Military authorities noted that the operation is part of sustained efforts to maintain pressure on terrorist groups and prevent their regrouping within the theatre.
Troops Conduct Clearance Patrol, Dominate Tuba Axis in Borno
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