Connect with us

News

STATE HOUSE PRESS RELEASE

Published

on

STATE HOUSE PRESS RELEASE

AT LAUNCH OF 3RD EXPANDED MSME CLINICS:

Ekiti Business Owners Get FG’s N150,000 Grant Each As Buffer

*As VP Shettima commissions ultra-modern fashion hub, projects 48,000 jobs annually

By: Our Reporter

Respite has come the way of small business owners in Ekiti State following President Bola Ahmed Tinubu’s directive that Micro, Small and Medium Enterprises (MSMEs) should be supported with a federal government grant of N150,000 each.

Vice President Kashim Shettima who disclosed this on Thursday when he launched the 3rd edition of the Expanded National MSMEs Clinic in Ado Ekiti, the Ekiti State capital, said the N150,000 was an outright grant that does not require beneficiaries to repay.

“I am pleased to share that Mr. President has directed me to ensure that all outstanding exhibiting MSMEs at the Clinic today receive a grant of 150,000 Naira each. This is an outright grant, and the beneficiaries will not need to repay it. We extend our gratitude to our partners for their unwavering support,” he declared.

The Expanded National MSME Clinics is one of federal government’s strategies for making it easier to do business in Nigeria through a series of business forums organised in different cities across the country to proffer on-the-spot solutions to challenges confronting MSMEs, with the first and second editions launched in Benue and Ogun States respectively earlier this year.

Earlier on arrival in Ado-Ekiti, the VP who was received by Governor Biodun Oyebanji, his wife and other top government functionaries, commissioned the Ekiti State Ultra-Modern Fashion and Garment Hub at Odua Textile Complex, Basiri, Ado Ekiti.

Senator Shettima and his entourage also inspected the Adire Ekiti Hub, a pet project of the first lady of Ekiti State.

Launching the third edition of the Expanded MSME Clinics at the Trade Fair Complex, Old Iyin Road in Ado Ekiti, the Vice President hinted at the initiative moving next to Borno and Enugu States, “before culminating in the National MSME Awards in FCT on June 27, 2024, to commemorate the United Nations World MSME Day”.

The VP noted that the only way the Tinubu administration is appealing “to the land of honor and integrity” is by ensuring the expansion of the labour market and supporting the required skills.

“Small businesses are the lifelines of communities across the nation and a strong pillar of stability during this critical phase of our economic transition. We cannot claim to have excelled in our interventions unless they remain our top priority. Our commitment to revitalizing the MSME sector ensures that these businesses continue to serve their essential buffering function,” he explained.

For the ultra-modern MSME Fashion Hub which he commissioned earlier, VP Shettima said while it competes ideally with others globally, the hub has the potential of creating an estimated 48,000 jobs annually.

Describing the hub as a significant milestone by the Tinubu administration to empower local industries, he stated: “It boasts the capacity to produce a wide range of fashion gear, including military uniforms, and rivals any facility in the world. Equipped with modern-day machinery and technology, this hub holds immense potential for job creation, with projections estimating an average of 48,000 jobs annually.

“We anticipate that this facility will be managed by a competent private sector entity, while both federal and state governments will maintain vigilant oversight over its operations. With over 300 pieces of cutting-edge equipment, this hub represents a significant milestone in our efforts to empower local industries”.

The Vice President however expressed regret that it would not be possible to commission the other MSME Clinic project, a fully equipped ICT hub in Erinmope, which is about 2 hours from the state capital, due to time constraint.

“However, the President has approved that His Excellency the Governor of Ekiti State, his team, Access Bank and BOI MDs, along with the SSA MSMEs and Job Creation to the President, facilitate the commissioning at the Governor’s earliest convenience. This hub will create an additional 10,000 jobs within the ICT space in the Erinmope area of Ekiti,” he noted.

The Vice President also disclosed that based on Governor Oyebanji’s request, President Tinubu has approved the establishment of another modern ICT facility in Ado Ekiti, a project he said “will be completed within 90 days from today (Thursday).

He conveyed President Tinubu’s gratitude to the government and people of Ekiti State for hosting the 3rd expanded National MSME Clinic under the Renewed Hope administration, describing it as a revitalization of the entire value chain of the nation’s MSME sub-sector.

In his remarks, Governor Oyebanji expressed gratitude to the VP for his wise counsel and support for his administration in the state, noting that President Tinubu had, indeed, been a father who has fulfilled all of his campaign promises.

He called on the political class in Ekiti to support his administration, noting that “it is only in unity that we can attract so much for the good of the our people.”

In his goodwill message, Senate Leader, Senator Opeyemi Bamidele commended the effective collaboration between the federal and state governments, culminating in the execution of the MSME focused projects.

He disclosed plans by his office to devote a portion of his constituency project funds in the coming year to support the development of MSMEs in the state.

On his part, the Minister of Solid Minerals, Mr Dele Alake, assured the people of the state that their welfare and wellbeing are being prioritized by the Tinubu administration.

He urged Ekiti people to support the federal government regardless of the prevailing conditions, assuring that the future is bright, as “Nigeria is going through the challenges of economic restructuring and socio-economic re-engineering”.

In her remarks, the state Commissioner for Investment, Trade, Industry and Cooperatives, Hon Omotayo Adeola, thanked the federal government for its relentless support to small businesses in the state which, according to her, birthed the first hub for garment makers in the state, among other related services.

Earlier, Vice President Shettima also inspected exhibition stands where products made in Ekiti State were on display by small businesses in the area.

During his visit to the Palace of the Ewi of Ado-Ekiti, HRM Oba Rufus Adeyemo Adejugbe, the VP described Ekiti as a land of honour, commending the royal father and his chiefs for maintaining the peace in their domain and immensely supporting the administration of President Tinubu at all times.

On his part, the paramount ruler of Ado-Ekiti thanked President Tinubu for his love for the people of Ekiti State manifested in the launch of the Expanded National MSME Clinics and commissioning of a fashion and garment hub for small businesses in the state.

Other dignitaries at the event include the state Deputy Governor, Chief Monisade Afuye, and the Permanent Secretary, State House, Engr Funsho Adebiyi.

STATE HOUSE PRESS RELEASE

Continue Reading
Click to comment

Leave a Reply

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

News

Nigeria, EU Strengthen Strategic Alliance with New Investments, Security and Climate Cooperation

Published

on

Nigeria, EU Strengthen Strategic Alliance with New Investments, Security and Climate Cooperation

By: Michael Mike

Nigeria and the European Union have reaffirmed their strategic partnership and announced new areas of cooperation spanning trade, security, climate action, digital transformation and development investments following the Eighth Nigeria–EU Ministerial Dialogue held in Abuja.

The high-level meeting was co-chaired by Nigeria’s Minister of Foreign Affairs, Yusuf Maitama Tuggar, and the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas.

In a joint communiqué issued after the dialogue, both sides described the meeting as an important opportunity to consolidate longstanding relations built on friendship, mutual respect and shared values, particularly at a time of global geopolitical uncertainty.

They reaffirmed their commitment to expanding cooperation in ways that deliver tangible benefits to citizens while contributing to a more stable, prosperous and sustainable international order.

Nigeria and the EU reiterated their support for multilateral cooperation, democracy, human rights and the rule of law, stressing the need to protect fundamental freedoms including gender equality, freedom of expression, freedom of religion and protection against discrimination.

The EU also reaffirmed its support for reforming the United Nations Security Council to make it more inclusive, transparent and representative, particularly by strengthening the voice of African countries.

Both parties expressed support for peaceful resolutions to conflicts around the world, including in Ukraine, the Middle East, Sudan, South Sudan, Democratic Republic of the Congo, the Sahel and Somalia, emphasizing the importance of respecting international law, sovereignty and territorial integrity.

Both sides reaffirmed their commitment to implementing the Paris Agreement on Climate Change and advancing climate action through stronger cooperation on renewable energy and energy transition.

Discussions highlighted Nigeria’s strong potential for solar, wind and clean hydrogen energy, with both partners agreeing to enhance investments and collaboration in these sectors.

They also pledged to strengthen climate resilience and adaptation efforts for vulnerable communities, particularly those affected by environmental pressures in the Lake Chad Basin.

On Regional Security and West Africa, the

EU acknowledged Nigeria’s critical leadership role in promoting democracy, peace and stability in West Africa. Both sides agreed to strengthen cooperation on regional security challenges, particularly threats emanating from the Sahel.

The dialogue also emphasized deeper collaboration in counter-terrorism, intelligence sharing, capacity building and efforts to prevent terrorism financing, while supporting regional mechanisms such as the Economic Community of West African States security architecture.

On Trade and Investment Relations, the

EU remains Nigeria’s largest trading and investment partner, with Nigeria benefiting from preferential access to European markets under the Generalised Scheme of Preferences (GSP).

Both sides welcomed progress following the first Nigeria–EU Senior Officials’ Trade and Investment Dialogue held in Abuja in September 2025, which aims to facilitate trade, diversify exports and attract new investments.

They also discussed the importance of implementing Rules of Origin under the GSP framework and welcomed Nigeria’s progress toward adopting legislation on Geographical Indications, which could help protect and promote Nigerian products internationally.

Looking ahead, both parties confirmed that the 10th Nigeria–EU Business Forum will take place in Lagos on June 25, 2026.

A major highlight of the dialogue was the EU’s continued investment in Nigeria through the Global Gateway strategy, which supports sustainable infrastructure, digital transformation and economic development.

In 2025 alone, the EU committed €73 million in grants for projects including digital infrastructure, democracy support and the fight against gender-based violence.

In addition, €555 million in loans from the European Investment Bank were mobilised to support small and medium enterprises in sectors such as healthcare, digital services and agri-food value chains.

One flagship initiative highlighted was the Omi-Eko electric waterways transportation project in Lagos, which received €361 million in funding from the EU, the European Investment Bank and France under the Team Europe approach.

New initiatives announced during the meeting include €50 million in European Investment Bank financing to support healthcare manufacturing, €85 million for agricultural value chains focused on dairy and cocoa, and €108 million for a nationwide fibre-optic expansion project to strengthen Nigeria’s digital infrastructure.

Both sides also welcomed the launch of negotiations toward a Nigeria–EU Science, Technology and Innovation Agreement, which will expand research collaboration under the EU’s Horizon Europe programme.

Educational cooperation is also expanding through Erasmus+ and the Intra-African Mobility Scheme, with Nigeria ranking first in Africa for the number of students receiving Erasmus Mundus joint master’s scholarships.

In the digital sector, both partners agreed to deepen cooperation under the EU–Nigeria Digital Economy Package, focusing on digital infrastructure, cybersecurity, e-governance, data exchange, space technologies and digital entrepreneurship.

Both sides agreed to continue holding annual ministerial dialogues, with the ninth Nigeria–EU Ministerial Dialogue scheduled to take place in Brussels in 2027.

The EU delegation also expressed appreciation to the Nigerian government for hosting the meeting and reaffirmed its commitment to strengthening the strategic partnership with Nigeria across political, economic and technological sectors.

Nigeria, EU Strengthen Strategic Alliance with New Investments, Security and Climate Cooperation

Continue Reading

News

ECOWAS, AU Push Green Ports Agenda to Cut Maritime Emissions in Africa

Published

on

ECOWAS, AU Push Green Ports Agenda to Cut Maritime Emissions in Africa

By: Michael Mike

The Economic Community of West African States (ECOWAS) and the African Union have stepped up efforts to drive Africa’s transition to sustainable maritime systems, convening a high-level continental workshop in Abuja to align strategies on green ports development and maritime decarbonization.

The two-day Continental Validation Workshop on Green Ports Guidelines and Maritime Greenhouse Gas Emissions Reduction brought together senior policymakers, maritime institutions and technical experts from across Africa at the ECOWAS headquarters to deliberate on the implementation of the Revised African Maritime Transport Charter and strengthen the continent’s response to climate challenges in the maritime sector.

Opening the session, ECOWAS Director of Transport Chris Appiah stressed the need for Africa’s maritime industry to adapt to global sustainability trends without compromising trade efficiency and development priorities.

“Efficiency, operational capacity and trade facilitation must remain at the core of Africa’s response, even as the continent advances towards greener maritime systems,” he said while speaking on behalf of the President of the ECOWAS Commission, Omar Alieu Touray.

Appiah reaffirmed ECOWAS’ commitment to strengthening maritime governance, upgrading port infrastructure and supporting member states in building resilient and competitive transport systems.

From the continental perspective, the Head of Maritime Transport at the African Union Commission, Raissa‑Julie Ada Allogo, called for stronger coordination among African countries to ensure the continent speaks with one voice in global maritime negotiations.

“This is the time for Africa to speak with one voice to ensure that the transition towards decarbonization remains inclusive, realistic and aligned with the capacities of our Member States,” she said.

Allogo highlighted the importance of the Revised African Maritime Transport Charter, describing it as a key instrument for modernising maritime governance and strengthening cooperation across African maritime institutions.

Regional maritime organisations also weighed in on the discussions. The Secretary-General of the Maritime Organisation of West and Central Africa (MOWCA), Paul Adalikwu, said green port development should be seen not only as an environmental necessity but also as a strategic investment that could enhance efficiency and competitiveness across African ports.

Similarly, the Secretary-General of the Maritime Organisation for Eastern, Southern and Northern Africa (MOESNA), Kassim Kaziba Mpaata, urged African countries to strengthen maritime capacity in order to reduce dependency on external systems and better withstand global disruptions.

Adding a regulatory perspective, the Secretary-General of the Abuja Memorandum of Understanding on Port State Control, Sunday M. Umoren, stressed that adherence to international maritime standards is critical to maintaining Africa’s role in global shipping networks and avoiding higher operational costs.

Development partners also reaffirmed support for the initiative. Speaking on behalf of the German Agency for International Cooperation (GIZ), Bekele Essete Abebe described ports as the backbone of global supply chains and emphasised that investments in sustainable and resilient port infrastructure are essential for Africa’s economic transformation.

“Ports remain the backbone of global supply chains, and investing in sustainable and resilient port infrastructure is central to Africa’s economic transformation and climate response,” she said.

Technical sessions during the workshop focused on validating a Handbook and Guidelines on Green Ports in Africa, developed through consultations across member states. The framework identifies priority actions including renewable energy integration, electrification of port operations, digitalisation, emissions monitoring, climate resilience and adoption of cleaner fuels.

Experts noted that the transition to green ports should be viewed not simply as an environmental initiative but as a broader economic and operational transformation that can improve efficiency, strengthen trade competitiveness and enhance resilience across African maritime systems.

The workshop continued with working sessions aimed at consolidating member states’ inputs and developing a coordinated roadmap for implementing the guidelines across the continent.

Officials said the outcome of the meeting is expected to strengthen Africa’s maritime governance framework, improve port performance and position the continent as a proactive actor in the global shift toward sustainable and decarbonised maritime transport.

ECOWAS, AU Push Green Ports Agenda to Cut Maritime Emissions in Africa

Continue Reading

News

ECOWAS Deploys Long-Term Election Observers to Benin Ahead of Presidential Poll

Published

on

ECOWAS Deploys Long-Term Election Observers to Benin Ahead of Presidential Poll

By: Michael Mike

The Economic Community of West African States (ECOWAS) has deployed a Long-Term Election Observation Mission (LTEOM) to the Benin ahead of the country’s presidential election scheduled for April 12, 2026, as part of efforts to support a credible and peaceful electoral process.

The deployment was authorised by the President of the ECOWAS Commission, Omar Alieu Touray, in line with regional legal instruments guiding democratic governance and election monitoring within the West African bloc.

According to a statement issued by ECOWAS’ Directorate of Communication in Abuja, 15 election experts drawn from ECOWAS member states will remain in Benin from March 22 to April 18, 2026, observing key phases of the electoral process before, during and after the vote.

The observers possess expertise in constitutional law, diplomacy, electoral operations, political affairs, media, conflict prevention, gender and inclusion, and security, enabling them to conduct a comprehensive assessment of the electoral environment.

ECOWAS said the long-term observers will monitor developments across all regions of Benin, providing early analysis and recommendations aimed at preventing tensions and strengthening public confidence in the electoral process.

“Their analyses will serve as early-warning and rapid-response mechanisms to help prevent and manage any conflict linked to the elections,” the regional body said.

As part of the mission’s operational structure, ECOWAS will establish a situation room to track political and security developments nationwide and provide daily updates to the ECOWAS Commission. The mechanism will also support coordination ahead of the deployment of a Short-Term Election Observation Mission, which is expected to include about 100 observers closer to election day.

The mission is being deployed in line with key regional instruments including the 1993 Revised ECOWAS Treaty, the 1999 Mechanism for Conflict Prevention, Management and Resolution, and the 2001 Additional Protocol on Democracy and Good Governance, which guide the bloc’s role in supporting democratic processes across West Africa.

ECOWAS noted that the long-term observation mission follows a pre-election fact-finding mission that visited Benin from January 7 to 17, 2026, where delegates engaged government officials, political parties, civil society organisations and the country’s electoral management body, the Autonomous National Electoral Commission of Benin (CENA).

The findings of that mission were submitted to the ECOWAS Commission to guide preparations for the broader observation effort.

By deploying the mission, ECOWAS said it was reaffirming its commitment to supporting transparent, credible and peaceful elections in Benin while promoting democracy, good governance, peace and stability across West Africa.

Founded in 1975, the Economic Community of West African States is a regional bloc of 12 member states, working to promote economic integration, political stability and development across the region. The organisation also plays a key role in election observation, mediation and conflict prevention as part of its mandate to safeguard democratic governance in West Africa

ECOWAS Deploys Long-Term Election Observers to Benin Ahead of Presidential Poll

Continue Reading

Trending

Verified by MonsterInsights