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

NSCDC Nabs Three Suspected Infrastructure Vandals in Abuja

Published

on

NSCDC Nabs Three Suspected Infrastructure Vandals in Abuja

By: Michael Mike

Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) in the Federal Capital Territory have arrested three young men suspected of vandalising public infrastructure in Abuja.

The suspects were intercepted near the National Stadium area close to the National Hospital along Constitution Avenue during intensified patrols carried out as part of yuletide security operations.

According to the NSCDC, the men were allegedly caught in possession of damaged road safety installations, which they were believed to be preparing to transport from the area. Recovered items included several road crash barriers and a heavy-duty hammer.

The suspects were identified as Abdulsalam Aminu, 25, Mustapha Sale, 26, and Suleiman Sani, 19, and they are currently in custody while investigations is said to continue.

Speaking on the development, the FCT Commandant of the NSCDC, Dr. Olusola Odumosu, said the arrests were part of deliberate efforts by the command to protect critical public assets, particularly during festive periods when vandalism and theft often spike.

He lamented that public infrastructure provided to enhance safety and improve living conditions is frequently targeted by criminals for personal gain, describing such acts as a major threat to public welfare.

Odumosu stressed that the corps would remain relentless in safeguarding government facilities including roads, bridges, crash barriers, power installations and other vital infrastructure across the territory.

The commandant warned individuals involved in vandalism to desist or risk prosecution, noting that the agency would enforce the law without compromise. He also urged residents to support security agencies by reporting suspicious activities to help curb the destruction of public assets in the FCT.

NSCDC Nabs Three Suspected Infrastructure Vandals in Abuja

Continue Reading

News

Education Gets Highest Share as Zulum Presents N890.33bn 2026 Budget to Borno Assembly

Published

on

Education Gets Highest Share as Zulum Presents N890.33bn 2026 Budget to Borno Assembly

By: Michael Mike

Borno State Governor, Prof. Babagana Zulum has presented an N890.33 billion budget proposal for the 2026 fiscal year to the State House of Assembly, with the education sector receiving the largest allocation.

The budget, titled “Budget of Sustained Recovery and Growth,” places strong emphasis on capital development, with over 61 per cent of the total expenditure devoted to capital projects, while recurrent spending accounts for about 39 per cent.p

Addressing members of the House of Assembly, Zulum disclosed that the proposal comprises N353.77 billion for recurrent expenditure and N536.56 billion for capital expenditure, stressing that the spending plan is designed to deepen recovery efforts and accelerate development in the state.

According to the governor, the budget reflects the administration’s commitment to rebuilding infrastructure, revitalising the economy and improving the quality of life for residents following years of insurgency.

The sectoral breakdown of allocations showed that education tops the list with N135.43 billion. The funds are expected to support the construction and rehabilitation of schools, teacher recruitment, and scholarship programmes across the state.

The works and housing sector received N94.27 billion to fund road construction, bridge projects and housing development, while the health sector was allocated N66.41 billion for the completion of hospitals, procurement of medical equipment and supply of essential drugs.

Other key allocations include N58.71 billion for the Ministry of Reconstruction, Rehabilitation and Resettlement to facilitate the return and resettlement of displaced persons, N44.95 billion for agriculture to boost food production, and N21.35 billion for water resources projects. Funds were also set aside for information and internal security to strengthen peace and stability.

On the revenue side, the state expects N317.69 billion from the Federation Account, N44.30 billion from internally generated revenue, and N417.23 billion from capital receipts, including grants and development funds.

In his response, Speaker of the House of Assembly, Abdulkarim Lawan, assured the governor that the legislature would give the budget proposal prompt and thorough consideration to ensure it aligns with the state’s development priorities before passage.

Education Gets Highest Share as Zulum Presents N890.33bn 2026 Budget to Borno Assembly

Continue Reading

News

VP Kashim Shettima Expected at Second Kanem Borno cultural summit in Maiduguri

Published

on

VP Kashim Shettima Expected at Second Kanem Borno cultural summit in Maiduguri

By: Bodunrin Kayode

VP, Kashim Shettima is expected to flag off the second Bi-annual Kanem–Borno Cultural Summit 2026 taking place in Maiduguri from 1st–2nd January, 2026.

Announcing this recently, chairman of the Borno Emirate concerned citizens forum Zanna Boguma said that about 1000 other visitors from all over the world will join the VP in gracing the occasion.

He said the 1000 delegates are also expected from across the country and the world especially from several countries where kanuri people reside are coming for the summit.

“Ministers, top political figures and National Assembly members of Borno in other states will be coming including our kiths and kins in lafia and Kanam on the plateau.

” Lots of traditional stuffs will be showcased to announce that kanem Borno never fell in the hands of its enemies as is being portrayed in some quarters.

“There will be displays of cultural artifacts to entertain the visitors. Prayers will be held on Friday of that week for the success of the occasion. However, consistent prayers must continue to ensure that there is stability during the period.

In a recent world new conference, the chairman of the committee Zanna Hassan Buguma maintained that the theme for this year’s summit is ” Echoes of Resilience: Harnessing Culture for Peace and Regional Stability”

“We are pleased to formally announce the 2nd edition of the Bi-annual Kanem–Bornu Cultural Summit 2026, scheduled to hold on 1st and 2nd January, in Maiduguri, Borno State, under the theme “Echoes of Resilience: Harnessing Culture for Peace and Regional Stability.

“This Summit will serve as a global homecoming, bringing together sons and daughters of Kanem–Bornu from across Nigeria and around the world, including members of the diaspora, scholars, professionals, traditional leaders, cultural custodians, youth and women. It is a deliberate effort to reconnect our people to their shared heritage and mobilize collective wisdom, resources, and networks for the peace and stability of our region.

“Building on the success of the maiden edition, the 2nd Bi-annual Kanem–Bornu Cultural Summit seeks to deepen conversations around identity, resilience, and responsibility. At a time when the Lake Chad Basin continues to face security, humanitarian, and socio-economic challenges, this Summit positions culture as a unifying force and a strategic tool for peacebuilding, reconciliation, and regional cooperation and integration.

“The Kanem–Bornu civilization remains one of Africa’s most enduring legacies, renowned for governance, scholarship, trade, diplomacy, and coexistence across ethnic and cultural lines. For centuries, it nurtured systems that emphasized justice, tolerance, consultation, and social harmony. The Summit draws inspiration from this legacy to address contemporary challenges, reminding us that solutions to today’s crises can be found in the wisdom of our past.

” The Summit will explore how traditional institutions, indigenous conflict resolution mechanisms, cultural education, arts, language, and heritage preservation can be harnessed to counter violence, promote healing, and strengthen regional stability.

“Over the two days, the Summit will feature keynote addresses, high-level panel discussions, diaspora dialogues, youth and women forums, cultural and religious exhibitions, traditional performances, and policy-oriented sessions. Special attention will be given to diaspora engagement, knowledge exchange, investment in cultural industries, and pathways for youth participation in peace and development initiatives.

“Maiduguri, our host city, is both symbolic and strategic. It stands as a historic centre of Kanem–Bornu civilization and a contemporary symbol of courage and resilience. Hosting this Summit in Maiduguri underscores a powerful message: that the people of Kanem–Bornu, wherever they reside, remain united in purpose and committed to rebuilding, healing, and progress.” Said Dr Hassan.

VP Kashim Shettima Expected at Second Kanem Borno cultural summit in Maiduguri

Continue Reading

Trending

Verified by MonsterInsights