Connect with us

News

Our Resolve To Protect SMEs Remain Unshaken – VP Shettima

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

ISWAP kills 10 JAS fighters in Kukawa as rivalry clashes escalates

Published

on

ISWAP kills 10 JAS fighters in Kukawa as rivalry clashes escalates

By: Zagazola Makama

No fewer than 10 fighters of the Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (JAS) were killed on Jan. 8 during a night attack by the rival Islamic State West Africa Province (ISWAP) at Dabar Ledda, within the Doron Naira axis of Kukawa Local Government Area (LGA) of Borno State.

Security sources told Zagazola Makama that ISWAP fighters launched a surprise assault on a JAS checkpoint, locally referred to as an Irasa, in the Dabar Ledda area, overwhelming the position after a brief but intense clash.

Sources familiar with developments in the area told Zagazola Makama that the attack ended decisively in ISWAP’s favour, with about 10 JAS fighters killed. Following the operation, ISWAP elements were said to have withdrawn swiftly to their major stronghold located between Kangarwa and Dogon Chuku, also within Kukawa LGA.

Both group has, in recent years, focused on degrading each other’s capabilities in an attempt to consolidate control over key corridors around Lake Chad as well as Sambisa Forest.

However, the latest clash is expected to trigger a violent response. Intelligence reports suggest that JAS leadership, acting on directives allegedly issued by Abu Umaima, has ordered mobilisation of fighters across the northern and central parts of the Lake Chad region of Borno (LCRBA) in preparation for retaliatory attacks.

The planned counter-offensive could lead to an upsurge in large-scale attacks in the days and weeks ahead, particularly around the Kangarwa–Dogon Chuku corridor, an area that has witnessed repeated factional battles due to its strategic value for logistics, recruitment and access routes.

While the infighting has historically weakened Boko Haram/ISWAP overall cohesion, Zagazola caution that intensified clashes often come at a heavy cost to civilians, as armed groups raid communities for supplies, conscripts and intelligence. Kukawa LGA, already battered by years of insurgency, remains highly vulnerable whenever such rivalries escalate.

ISWAP kills 10 JAS fighters in Kukawa as rivalry clashes escalates

Continue Reading

News

Troops foiled bandit attack in Sokoto, recovered rustled livestock in Gudu

Published

on

Troops foiled bandit attack in Sokoto, recovered rustled livestock in Gudu

By: Zagazola Makama

A bandit attack on Karfen Chana village in Gudu Local Government Area of Sokoto State was successfully thwarted on Saturday evening, with security forces recovering all rustled domestic animals.

Zagazola report that the attack occurred at about 5:00 p.m. when armed bandits, described as Lakurawa, invaded the village and opened fire sporadically, stealing an unspecified number of livestock.

The troops of Operation FANSAN YANMA engaged the bandits in a gun duel, forcing the attackers to retreat towards the Niger border.

All the rustled animals were recovered and returned to their rightful owners. Fortunately, no casualties or injuries were reported among the security personnel.

The troops have continued to maintain rigorous patrols in the area to ensure sustained security and prevent further attacks.
End

Continue Reading

News

APC commits to free, fair primary election in Adamawa

Published

on

APC commits to free, fair primary election in Adamawa

The leadership of All Progressives Congress (APC) in Adamawa in partnership with the party’s Unity Forum is committed to conducting a free, fair and credible primary election in the state ahead of 2027 general elections.

Mr Abubakar Hamma-Girei, Director General of the Forum stated this at a press conference in Yola.

He said that the forum would ensure that all Party members have an equal opportunity to participate in the process, and that the outcome reflects the will of the party faithful.

He expressed gratitude to President Bola Tinubu and all stakeholders for the remarkable achievement recorded in the country that makes opposition to join the party

“We understand the importance of maintaining the trust and confidence of our members, and we are working tirelessly to ensure that the Primary Election is conducted in a transparent and accountable manner.

“Let me assure you that there will be no imposition of the candidate, and that will be free from any form of manipulation or interference.

“We will uphold the principles of internal Democracy and ensure that the best candidate emerges to fly our Party’s flag in the forthcoming elections”, he said.

The DG urged all party members to participate actively in the primary election and to report any irregularities or concern to the relevance authorities.

“Together we build a stronger more united Party that will deliver for our great nation.

“We are calling on all Nigerians who are passionate about positive change and good governance we invite you to join the All Progress Congress (APC) family”, he said.

According to him,, the ongoing membership revalidation exercise is a unique opportunity for shaping the future of the great nation.

Hamma further said that the forum also resolved to support all APC candidates in the forthcoming Local Government election in the state.

“We are directed to intimate all our members across 21 LGA to give them adequate support they deserve”, he said.

APC commits to free, fair primary election in Adamawa

Continue Reading

Trending

Verified by MonsterInsights