News
STATE HOUSE PRESS RELEASE
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
News
NISER, NiDCOM Advocate Stronger Diaspora Policy to Boost National Development
NISER, NiDCOM Advocate Stronger Diaspora Policy to Boost National Development
By: Michael Mike
The Nigerian Institute of Social and Economic Research (NISER), in partnership with the Nigerians in Diaspora Commission (NiDCOM), has called for a more robust and coordinated diaspora policy framework to enhance Nigeria’s development prospects.
This call was made on Tuesday during a high-level validation workshop convened to review findings from a comprehensive diaspora study spanning six continents. The initiative aims to strengthen engagement with Nigerians abroad and maximize their contributions to the country’s economic and social growth.
In her opening remarks, NISER Director-General, Antonia Taiye Simbine, described the Nigerian diaspora as a critical national asset, noting that annual remittances exceed $20 billion—one of the highest in Africa.
She emphasized that beyond financial contributions, diaspora Nigerians bring valuable expertise, innovation, and international networks that can significantly enhance national competitiveness.
Despite these advantages, Simbine pointed to persistent challenges hindering effective engagement, including inconsistent policies, weak institutional coordination, regulatory constraints, and trust gaps between stakeholders.
She stressed that the validation workshop provides an opportunity to refine the study’s recommendations, ensuring they are practical, inclusive, and capable of driving meaningful impact.
Also speaking, NiDCOM Chairman/CEO, Abike Dabiri-Erewa, urged a strategic shift in how diaspora remittances are utilized. According to her, Nigeria must transition “from remittances for consumption to remittances for investment.”
Dabiri-Erewa highlighted the global competitiveness of Nigerians abroad, noting their contributions across key sectors such as healthcare, technology, and governance. She explained that the study’s findings would help shape a structured roadmap for diaspora engagement, anchored on improved policy coordination, investment-friendly systems, and technology transfer.
She further underscored the need for data-driven policymaking, adding that Nigeria must intentionally transform the challenge of “brain drain” into opportunities for “brain gain” and “brain circulation.”
Contributing to the discussion, representatives of the Nigerian Medical Association (NMA) emphasized the growing role of diaspora professionals in strengthening Nigeria’s healthcare system. Speaking on behalf of the association’s president, Dr. Bala Muhammad Audu, Dr. Idris Liman noted that innovations such as locally available in vitro fertilisation (IVF) services—once largely accessed abroad—demonstrate the impact of knowledge transfer from Nigerian experts overseas.
He reaffirmed the association’s commitment to fostering collaboration with diaspora medical professionals to improve healthcare delivery and reduce the need for medical tourism.
Participants at the workshop collectively stressed that sustained and well-coordinated diaspora engagement could be transformative for Nigeria’s development. The validation process is expected to yield refined, evidence-based policy recommendations to guide government efforts in integrating diaspora contributions into national planning.
NISER, NiDCOM Advocate Stronger Diaspora Policy to Boost National Development
News
UK Launches Creative Fund to Strengthen Nigeria’s Film, Fashion, Music Industries
UK Launches Creative Fund to Strengthen Nigeria’s Film, Fashion, Music Industries
By: Michael Mike
The UK-Nigeria Tech Hub has unveiled a new Creative Fund aimed at boosting local production capacity across Nigeria’s film, fashion, and music industries.
The initiative, backed by the UK Government, is designed to address critical gaps in technical skills, infrastructure, and access to modern production tools within Nigeria’s creative sector.
The fund aligns with the goals of the UK-Nigeria Economic Transformation and Investment Partnership (ETIP) Creatives Working Group, launched in 2025, and follows commitments made during Bola Ahmed Tinubu’s state visit to the United Kingdom in March 2026.
Speaking on the launch, Director of the Tech Hub, Oyinkansola Akintola-Bello, said the initiative represents a shift from policy discussions to practical action.
She noted that while Nigeria’s creative industry already contributes significantly to the economy, more support is needed to enable creatives to produce high-quality work locally rather than outsourcing key technical processes abroad.
Funded under the UK’s Digital Access Programme and implemented by Tech4Dev, the Creative Fund draws on findings from a 2024 study of Nigeria’s creative ecosystem. The research revealed that the sector employs about 4.2 million people and contributes roughly $3 billion annually to the country’s GDP, despite facing structural challenges.
These challenges include limited access to formal financing, heavy reliance on self-taught skills, and the outsourcing of high-value technical work outside Nigeria.
The fund will support projects across film, fashion, and music, particularly those with strong potential for scalability, job creation, and local impact. It will also help cover technical gaps by funding access to specialists such as visual effects artists, sound engineers, and post-production experts, as well as digital tools like content delivery systems and AI-powered production technologies.
Country Manager for Nigeria and Sub-Saharan Africa at Tech4Dev, Abraham Akpan,, emphasized that the initiative prioritizes inclusion by supporting women-led and youth-driven ventures, as well as underrepresented groups in the creative economy.
He added that the fund is intended to ensure Nigeria’s creative growth is backed by sustainable local talent and infrastructure.
Applications for the Creative Fund are currently open and will be reviewed on a rolling basis. Eligible applicants include creative companies, studios, production houses, fashion enterprises, and music labels with clearly defined technical needs and a commitment to co-investment.
The initiative is expected to strengthen Nigeria’s creative value chain and position the country as a hub for high-quality, locally produced creative content.
UK Launches Creative Fund to Strengthen Nigeria’s Film, Fashion, Music Industries
News
NESREA Shuts Down 30 Non-Compliant Facilities Over EIA Violations
NESREA Shuts Down 30 Non-Compliant Facilities Over EIA Violations
By: Michael Mike
The National Environmental Standards and Regulations Enforcement Agency (NESREA), alongside members of the press, carried out an enforcement exercise in Abuja, sealing 30 facilities over non-compliance with Environmental Impact Assessment (EIA) requirements in the construction sector.
In a speech delivered at the briefing, the Director of Environmental Quality Control, Elijah Udofia, said the affected facilities were found to have violated environmental regulations guiding construction activities, prompting decisive action by the agency.
“These violations were identified through NESREA’s routine inspections and compliance monitoring activities. In addition, these facilities also demonstrated unwillingness to fully comply with regulatory requirements relating to environmental documentation and responsiveness to compliance engagements. Where regulatory communication is clear, time-bound, and evidence-based, failure to respond constitutes a serious breach of compliance obligations and poses risks to both the environment and public health,” he said.
Udofia explained that the construction sector, while vital to national development, poses serious environmental risks when safeguards are ignored, including improper waste management, building on floodplains, uncontrolled emissions, and unsafe handling of materials.
He stressed that NESREA’s actions were in line with its mandate to enforce environmental laws and ensure public safety.
“Environmental compliance is not a choice. The regulations are designed to prevent harm before it occurs and to ensure that construction activities are managed responsibly from the start,” he stated.
He added that the agency moved from engagement to enforcement after the facilities failed to meet compliance requirements or respond adequately to regulatory concerns.
The director outlined the measures taken by NESREA, noting that the enforcement actions were aimed at stopping or curtailing environmentally harmful activities, compelling compliance through regulatory interventions, and ensuring that corrective measures are implemented within stipulated timelines.
“These enforcement steps are consistent with the agency’s powers under the NESREA Act and the National Environmental (Construction Sector) Regulations 2011,” he added.
Sending a strong warning to developers and contractors, Udofia emphasized that environmental documentation is mandatory and must be submitted as required by law. He also urged operators to respond promptly to compliance notices and implement proper environmental safeguards on-site.
“Dust control, waste management, erosion prevention, and safe site practices must be integrated into project execution—not added after problems arise. Compliance is part of project success,” he said.
NESREA also reassured the public that its enforcement actions are based on evidence and due process, not sentiment.
“We will continue to enforce the law fairly and consistently across the country,” Udofia noted.
He further called for cooperation from stakeholders to improve environmental performance across the construction sector.
“While we enforce compliance, we also call on stakeholders to cooperate with NESREA. Communities deserve clean and safe environments, and developers deserve predictable regulatory processes,” he said.
The agency concluded that the enforcement action should serve as a clear warning, reaffirming its commitment to strict enforcement of environmental regulations, especially where violations pose risks to public health and the environment.
NESREA Shuts Down 30 Non-Compliant Facilities Over EIA Violations
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