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SMEDAN, Korea, UNDP Break Ground on $12m Abuja Entrepreneurship Centre
SMEDAN, Korea, UNDP Break Ground on $12m Abuja Entrepreneurship Centre
By: Michael Mike
The Federal Government has unveiled a new US$12 million entrepreneurship and innovation centre in Abuja as part of efforts to strengthen the pipeline from skills development and job creation to enterprise growth, innovation and investment for young Nigerians.
The Abuja Centre for Entrepreneurship (ACE), funded by the Republic of Korea through the Korea International Cooperation Agency (KOICA), is being developed by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in partnership with the United Nations Development Programme (UNDP).
The groundbreaking ceremony was held on Thursday at SMEDAN’s Idu Industrial Development Centre in Abuja, marking the transition of the project from planning and preparation to physical construction.
Speaking at the ceremony on behalf of Vice President Kashim Shettima, the Deputy Chief of Staff to the President, Senator Ibrahim Hassan Hadejia, said the Centre should be viewed not merely as a building but as part of a wider national ecosystem connecting skills, employment, entrepreneurship, innovation and enterprise growth.
He said the objective of government interventions should go beyond training Nigerians to creating pathways through which skills translate into jobs, jobs into enterprises and enterprises into broader economic growth.
“The objective cannot simply be to train more people. We must create pathways through which skills lead to jobs, jobs lead to enterprise, and enterprise drives economic growth,” Hadejia said.
He said ACE was coming at a critical time, noting that Nigeria’s youthful population represented a major economic asset if matched with the skills, infrastructure, finance, opportunities and markets required for productive participation in the economy.
According to him, the Centre has the potential to serve entrepreneurs and MSMEs across the Federal Capital Territory and the wider Northern region by connecting them with universities, financial institutions, technology companies, incubators, development partners and the private sector.
Hadejia also linked ACE to other government-backed interventions, including the Skills and Industry Alignment Roundtables, the Nigeria Jubilee Fellows Programme (NJFP), Expanded MSME Clinics and the Investment in Digital and Creative Enterprises (iDICE) initiative.
He said the programmes addressed different components of the same national challenge of building a workforce and enterprise ecosystem capable of supporting sustainable economic growth.
“Skills. Jobs. Enterprise. Innovation. Growth. And this is where the Abuja Centre for Entrepreneurship fits,” he said.
The Deputy Chief of Staff urged the project partners to begin building the pipeline of entrepreneurs and businesses that would occupy the facility even before construction is completed.
“By the time this facility is completed, we should not be starting from zero. We should already have entrepreneurs ready for incubation, businesses ready to scale, institutional partners ready to collaborate and pathways to finance and markets ready to support viable enterprises,” he said.
He added that the success of ACE should ultimately be measured by the entrepreneurs emerging from the facility, businesses expanding, innovations reaching the market, jobs created and opportunities opened to young Nigerians, women, persons with disabilities and other underserved groups.
Earlier, SMEDAN Director-General and Chief Executive Officer, Charles Odii, said the project was guided by the agency’s GROW Nigerian Strategy, which places skills development, access to finance and markets, and productive infrastructure at the centre of enterprise development.
“We have made skills development, access to finance and markets, and productive infrastructure central to fulfilling our mandate to build the enterprises that will carry this economy forward,” Odii said.
He said ACE would provide entrepreneurs with access to workspaces and specialist facilities that many would struggle to provide independently, adding that the partnership with KOICA and UNDP would strengthen SMEDAN’s capacity to deliver enterprise support at scale.
UNDP Resident Representative in Nigeria, Elsie Attafuah, said the Centre would help translate Nigeria’s demographic potential into sustainable businesses and decent jobs.
Attafuah noted that more than 75 million Nigerians are aged between 15 and 35, but said young people and MSMEs continue to face barriers including limited access to finance, digital infrastructure, business support and appropriate innovation spaces.
She said UNDP’s involvement in ACE was about more than supporting a physical facility, but about working with Nigerian institutions to create an environment where people could turn their capabilities and ideas into productive opportunities.
She recalled that UNDP had in 2024 supported the solarisation of SMEDAN’s Common Facility Centre at Idu through a 120 KVA solar-powered mini-grid, describing it as a practical investment in productive infrastructure.
Country Director of KOICA Nigeria, Kim Eunsub, said the project represented a further investment in Nigeria’s innovation, entrepreneurship and MSME ecosystem and reflected Korea’s commitment to science, technology and innovation-led development.
“The Abuja Centre for Entrepreneurship is a concrete expression of the strong and growing partnership between Korea and Nigeria,” Eunsub said.
He said KOICA hoped the Centre would provide an environment where the creativity and entrepreneurial potential of young Nigerians could be transformed into innovation, businesses and employment opportunities.
ACE is expected to support 500 prospective young Nigerian entrepreneurs and 400 start-ups in sectors including FinTech, EdTech, HealthTech and AgriTech, as well as MSMEs from Abuja and surrounding cities, with wider indirect benefits across Nigeria.
The facility will include time-share offices, hot-desking areas, meeting rooms, training facilities and incubation spaces.
Its design incorporates accessibility for persons with disabilities and older persons, alongside gender-responsive features, including provision for crèche facilities.
The building will also incorporate green design principles, including renewable energy, low embodied-carbon technologies and locally sourced bio-renewable materials.
Beyond the physical infrastructure, the partners plan to develop an entrepreneurship ecosystem around ACE involving incubators, universities, financial institutions, private-sector organisations and entrepreneur networks.
A planned ACE Incubation Pipeline will enable partner incubators and universities to run affiliated programmes during construction and contribute to the Centre’s first intake when it becomes operational.
The Centre is also expected to connect entrepreneurs with government and private-sector institutions working in areas such as business registration, digital innovation, skills development, investment, export promotion, finance and enterprise support.
The project brings together SMEDAN’s institutional mandate and reach within Nigeria’s MSME ecosystem, KOICA’s development cooperation and investment capacity, and UNDP’s technical and development implementation expertise.
Hadejia said the broader Nigeria-UNDP partnership had already demonstrated the value of creating practical pathways for young Nigerians into the world of work through programmes such as NJFP, while cooperation was also expanding into innovation and digital capability.
He cited the planned national rollout of University Innovation Pods as another effort to strengthen infrastructure for innovation and digital skills.
He said ACE would provide an additional link by creating a platform where skills, ideas and innovation could be converted into viable enterprises.
The project contributes to Sustainable Development Goals 4, 8, 9 and 17 and supports Nigeria’s MSME and start-up policy frameworks as well as the UN Sustainable Development Cooperation Framework 2023–2027.
The groundbreaking ceremony brought together senior government officials, development partners, private-sector representatives, financial institutions, innovation hubs, universities, entrepreneurs, and representatives of women and persons with disabilities.
With construction now commencing, SMEDAN, KOICA and UNDP are expected to focus on developing the partnerships, programmes and entrepreneur pipeline required to ensure that the Centre becomes operational as an active platform for innovation, enterprise development, investment and job creation.
SMEDAN, Korea, UNDP Break Ground on $12m Abuja Entrepreneurship Centre
News
EU Releases €225,000 Humanitarian Aid for Conflict-Displaced Persons in Kebbi
EU Releases €225,000 Humanitarian Aid for Conflict-Displaced Persons in Kebbi
By: Michael Mike
The European Union (EU) has released €225,000, equivalent to about N340 million, in humanitarian assistance to support communities displaced by conflict in Kebbi State.
The intervention, announced on Wednesday, will enable the Nigerian Red Cross to provide emergency assistance to conflict-displaced persons in the state over a six-month period.
The assistance comes amid worsening insecurity in Kebbi, where armed attacks and communal violence across seven Local Government Areas have displaced thousands of residents and left affected communities in urgent need of humanitarian support.
According to the EU, the funding will prioritise multipurpose cash assistance, allowing displaced families to meet their most immediate needs, while protection services will be provided for vulnerable individuals.
The response is expected to reach approximately 7,700 conflict-displaced people living in settlements and host communities across the state.
The EU said particular attention would be given to female-headed households, persons with disabilities, elderly people and individuals facing acute protection risks.
The intervention will also include continuous monitoring of population movements and the mobilisation of local volunteers, with the EU saying the effort would help lay the groundwork for longer-term recovery interventions by other humanitarian actors.
The latest intervention is part of the EU’s contribution to the Disaster Response Emergency Fund (DREF) of the International Federation of Red Cross and Red Crescent Societies (IFRC).
The EU said insecurity in Kebbi State had deteriorated significantly following an escalation of armed attacks and communal violence.
While displacement had been ongoing since mid-August, it said a sharp escalation in violence around August 31 triggered the humanitarian response.
The violence has reportedly affected more than 16,600 people across the state, including 7,706 people who have been displaced and 108 others who sustained injuries.
The EU said the affected population was confronting a complex security environment characterised by organised banditry, armed group activity and communal violence.
It added that displaced families living in temporary settlements and host communities were in urgent need of shelter, food, clean water, healthcare and protection.
The humanitarian funding is being channelled through the IFRC’s DREF, a mechanism established to provide immediate financial support to National Red Cross and Red Crescent Societies responding to disasters and other emergencies.
The EU said the intervention reflected its broader commitment to humanitarian assistance for populations affected by conflicts and disasters.
Through its Civil Protection and Humanitarian Aid department, the bloc provides emergency assistance to vulnerable populations affected by natural disasters and man-made crises around the world.
The European Commission has also signed a €16 million humanitarian delegation agreement with the IFRC to support the Federation’s DREF.
Established in 1979, the DREF is funded through contributions from donors and provides National Red Cross and Red Crescent Societies with rapid access to emergency financing.
For smaller-scale disasters, the IFRC allocates grants from the fund, which can subsequently be replenished through donor contributions.
EU Releases €225,000 Humanitarian Aid for Conflict-Displaced Persons in Kebbi
News
N101m defamation judgment debt: A/Court begins hearing SERAP’s appeal Friday
N101m defamation judgment debt: A/Court begins hearing SERAP’s appeal Friday
The Court of Appeal in Abuja has scheduled hearing for Friday in the appeal filed by the Incorporated Trustees of the Socio-economic Rights and Accountability Project (SERAP) in relation to the May 5 judgment given against the group by a High Court of the Federal Capital Territory (FCT).
Information about the planned hearing date is contained in a notice sent on Wednesday by the appellate court’s Registry to parties in the appeal marked: CA/ABJ/CV/1114/2026.
Justice Halilu Yusuf of the High Court of the FCT had, in the May 5 judgment, awarded N101million in damages and cost against SERAP and its Deputy Director, Kolawole Oluwadare upon holding that they defamed two officials of the Department of State Services (DSS) through a false publication it made on September 10, 2024.
The judgment was on the suit marked: CV/4547/2024 filed by the DSS officials – Sarah John and Gabriel Ogundele – who accused SERAP and Oluwadare of making false claims in publications on the group’s website and social media platforms that the claimants invaded their Abuja office on September 9, 2024 and subjected them to harassment.
Justice Halilu Yusuf held among others that claimants led sufficient evidence that effectively established all the ingredients of defamation.
Justice Yusuf rejected that defence of justification raised by SERAP and Oluwadare on the grounds that they failed to provide evidence that their publications were not based on falsehood.
The judge noted that the words like invasion, forceful entry and harassment were used inaccurately, the defendants having admitted at trial that the DSS officials did not forcefully enter into SERAP’s premises and did not brandish any weapon
He held that the publications made by the defendants injured the reputation of the claimants in their professional capacity and standing in the society.
Justice Yusuf said: “Having been unable to establish invasion and harassment, the defence of justification fails. There is no doubt that the publication affected the claimants mentally and psychologically.”
The judge said, going forward, it was necessary for care and due diligence on the part of SERAP and its officials before releasing information to the public.
He added that in the exercise of their right to tweet and send information out, the defendants should be aware of the rights of others, particularly as it relates to government agencies and their officials.
The judge dismissed the objection raised by the defendants against the competence of the suit and held that the claimants possessed the requisite locus standi to file the suit over which the court has the jurisdiction to entertain.
He held that as against the defendants’ argument, the claimants must not be named in the publication complained about for defamation to be established.
Justice Yusuf noted that from when the claimants complained about the inaccuracy of the publications, the defendants failed to take any steps to pull down the injurious publication.
He proceeded to adjudge the publications as defamatory and awarded damages of N100million against the defendants in addition to N1m as cost of prosecuting the suit.
The judge also ordered the defendants to publish a public apology on SERAP’s website, X handle, two national daily newspapers and two television stations.
He held that the judgment sum shall attract 10 percent interest per annum from the date of the judgment until the sum is fully paid by the defendants.
N101m defamation judgment debt: A/Court begins hearing SERAP’s appeal Friday
News
NCYP Backs Tinubu’s 2027 Bid, Says Economic Reforms Must Translate Into Jobs
NCYP Backs Tinubu’s 2027 Bid, Says Economic Reforms Must Translate Into Jobs
By: Michael Mike
The Northern Christian Youth Professionals (NCYP) has thrown its weight behind President Bola Ahmed Tinubu’s re-election bid in 2027, arguing that continuity in economic policy is necessary to consolidate ongoing reforms and translate Nigeria’s improving macroeconomic performance into jobs, investment and higher living standards.
The group’s position came as the World Bank reported that economic growth in sub-Saharan Africa is gaining momentum, with Nigeria among the countries whose growth forecasts have been upgraded, while warning that the next challenge is to convert growth into more jobs and better opportunities.
In a statement signed by its National Chairman, Isaac Abrak, on Tuesday, NCYP said Nigeria had reached a critical stage in its economic reform journey where the emphasis should shift from stabilisation to inclusive prosperity.
The group was reacting to President Tinubu’s Independence Day address on October 1, in which the President declared: “The emergency treatment is over. The foundation has been repaired,” and said the government’s economic priority had moved from correcting the country’s economic course to achieving “shared and widespread prosperity.”
According to NCYP, the latest World Bank assessment reinforces the argument that Nigeria must sustain the reforms rather than reverse course.
The World Bank said on October 6 that growth in sub-Saharan Africa was being supported by improved macroeconomic resilience, stronger domestic demand and investment, while noting that years of reforms and improved economic management had contributed to improved forecasts for countries including Nigeria. It nevertheless warned that growth remained insufficient to substantially reduce extreme poverty or create enough jobs for the region’s rapidly expanding labour force.
The World Bank’s latest country assessment similarly said Nigeria’s macroeconomic performance had improved further in 2026, with real GDP growth of 4.2 per cent in the first half of the year, compared with 3.9 per cent a year earlier.
It, however, cautioned that growth was still insufficient to generate enough productive jobs and materially reduce poverty, stressing the need for greater private investment, productivity, human capital development and job creation.
NCYP said this was precisely the challenge facing the Tinubu administration in the next phase of its economic programme.
“Nigeria must now move from reform to prosperity, from growth to jobs, and from jobs to poverty reduction,” the group said.
It noted that the country’s real GDP grew by 4.43 per cent in the second quarter of 2026, compared with 3.89 per cent in the first quarter, citing the National Bureau of Statistics’ latest GDP report. The NBS has published its Q2 2026 GDP report dated August 31, 2026.
While describing the improving growth trajectory as encouraging, NCYP maintained that headline economic figures would only become meaningful when ordinary Nigerians experienced improvements in employment, income and living conditions.
The group said youth development should therefore remain central to the next phase of the economic programme, particularly given Nigeria’s large young population.
It cited the Nigeria Education Loan Fund (NELFUND), saying more than 1.1 million students had gained access to tertiary education financing.
NELFUND’s current data shows that more than 1.08 million students have been supported across 37 states, with over ₦191 billion in loans disbursed, while its broader student-loan platform records more than 1.4 million registered students.
NCYP also backed proposed reforms to the National Youth Service Corps, saying a more productive national service scheme could equip graduates with specialised skills in agriculture, medicine, education, technology, digital innovation, infrastructure, the green economy, enterprise and the creative sector.
The organisation argued that Nigeria’s youthful population should be treated as an economic asset rather than merely a demographic challenge.
“With education, skills, financing and the right economic environment, our young people can become entrepreneurs, skilled professionals, job creators and drivers of industrialisation,” it said.
The group outlined what it described as the economic pathway to prosperity: reforms should create stability; stability should encourage investment; education and skills should create opportunities; enterprise should create businesses and jobs; while industrialisation should deliver sustainable prosperity.
It said the agenda was particularly important for Northern Nigeria, where it called for an economy capable of converting skills into enterprise, enterprise into jobs and jobs into sustainable livelihoods.
The World Bank has similarly identified the creation of more and better private-sector jobs as central to Nigeria’s long-term prosperity, with its 2026–2032 Country Partnership Framework focusing on competitiveness, private capital, human capital and resilience.
The Bank has also acknowledged that Nigeria’s recent reforms have strengthened macroeconomic stability, but warned that household incomes have not fully recovered and poverty remains high. It has called for the stabilisation gains to be consolidated while accelerating inclusive growth.
Against this backdrop, NCYP said it had decided to support President Tinubu’s re-election in 2027, framing the decision around continuity of economic policy.
“It is against this background that NCYP supports the re-election of President Bola Ahmed Tinubu in 2027, with our position anchored on policy continuity and the need to consolidate the economic reforms while moving decisively into the next phase of job creation, human-capital development and industrialisation,” Abrak said.
NCYP Backs Tinubu’s 2027 Bid, Says Economic Reforms Must Translate Into Jobs
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