National News
VP SHETTIMA COMMENDS ACCESS BANK’S N30B DISCOUNTED LOANS FOR 700,000 MSMEs
VP SHETTIMA COMMENDS ACCESS BANK’S N30B DISCOUNTED LOANS FOR 700,000 MSMEs
By: Our Reporter
The Vice President, Sen. Kashim Shettima has commended Access Bank for offering N30 billion discounted loans to 700,000 Micro Small and Medium Enterprises (MSMEs), in support of the Tinubu administration’s agenda for job creation and the growth of the MSME space.
Sen. Shettima who disclosed this Friday at a meeting with MSME stakeholders comprising key actors from the public and private sectors, at the Presidential Villa, added that the Access Bank loan scheme will commence as soon as possible.
“Every challenge, every problem is pregnant with opportunities for value addition and for repositioning of the society. I just met with the management of Access Bank, we had extensive discussions and they have offered to provide a N30 billion support to MSMEs focusing mostly on the youth and women as target beneficiaries. They are going to give these loans at 15% interest rate,” the Vice President announced.
The VP had earlier, in his office, met with a delegation from Access Bank led by its Managing Director/Chief Executive Officer, Mr Roosevelt Ogbonna.

Vice President Shettima acknowledged that though the challenges are daunting, Nigeria has the talents to overcome some of them, stressing that “in this room are the people that can bring about the changes we seek, be it in the agricultural value chain, the digital value chain and the manufacturing value chain.”
He urged the stakeholders to unite in order to overcome the common challenges confronting the country, noting that Nigeria is blessed with the human resources to address the projected global talent deficit.
“We can make this country work, with proper planning, zeal, commitment and leadership, this country can be repositioned. We have the platform to re-engineer this nation. The caliber of people present here today has rekindled my hope in the Nigerian dream,” the VP noted.
Yielding to the request of the stakeholders for the inauguration of the National Council on MSMEs, the Vice President directed the Special Adviser to the President on National Economic Council (NEC) to kickstart the processes for the inauguration of the Council and the sensitization of State governors to its functions.
Earlier, the Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Charles Odii, on behalf of the stakeholders, thanked the Vice President for his leadership and zeal to ensure the transformation of the MSME space in Nigeria.
According to him, the stakeholders were keenly following the activities as well as interest shown by the VP in issues confronting MSMEs, and gave assurances that the stakeholders were “ready, willing, and committed to aligning to the vision of the Tinubu administration in the sector.”
He then requested the Vice President to pick a suitable date to inaugurate the National Council on MSMEs as part of a broad plan to galvanize robust support for the space.
In separate remarks, the chief executives of the Development Bank of Nigeria (DBN), National Information Technology Development Agency (NITDA), Industrial Training Fund (ITF), the Bank of Agriculture (BOA) and National Sugar Development Council (NSDC), spoke about their organisations’ contributions to the growth of the MSME sector and the administration’s job creation agenda.
They reassured the VP of their unwavering commitment and support, particularly in ensuring the actualization of the Tinubu administration’s economic diversification objectives.
The stakeholders were led to the meeting by the Senior Special Assistant to the President on Job Creation and MSMEs, Mr Temitola Adekunle-Johnson.
VP SHETTIMA COMMENDS ACCESS BANK’S N30B DISCOUNTED LOANS FOR 700,000 MSMEs
National News
Tinubu Approves Up to 80% Salary Increase for Armed Forces Personnel
Tinubu Approves Up to 80% Salary Increase for Armed Forces Personnel
By Zagazola Makama
President Bola Ahmed Tinubu has approved a new salary structure for personnel of the Nigerian Armed Forces, with increases ranging from 30 to 80 per cent, in a major welfare package aimed at boosting the morale of troops engaged in counter-insurgency and other internal security operations.
According to a statement issued on Tuesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, about 250,000 military personnel will benefit from the new salary adjustment, which takes effect from Sept. 1, 2026.
Under the approved structure, officers above the rank of colonel—including Brigadier Generals, Major Generals, Lieutenant Generals and Generals—will receive a 30 per cent salary increase.
Personnel from the rank of Colonel down to Warrant Officer will enjoy a 50 per cent increase, while soldiers from the rank of Private to Staff Sergeant will receive the highest adjustment of 80 per cent.
The new package will raise the annual personnel cost of the Armed Forces from ₦660 billion to ₦924 billion, reflecting the Federal Government’s renewed commitment to improving troop welfare.
President Tinubu said the decision was in recognition of the courage and sacrifices of members of the Armed Forces in confronting terrorism, banditry, kidnapping and other security challenges across the country.
“The men and women who help to keep us safe in our homes must be supported and appreciated in the course of their duties to our nation,” the President said.
He reaffirmed his administration’s commitment to prioritising troop welfare while modernising the Armed Forces through the provision of modern weapons, equipment and technological capabilities needed to effectively carry out their constitutional responsibilities.
According to the President, security remains the foundation for national development, stressing that his administration would continue to mobilise military and law enforcement assets to eliminate threats and safeguard the lives and property of Nigerians.
“I urge our servicemen to take our gesture as a sign of our deep appreciation of the services they render to our fatherland. Together we shall prevail over the enemies intent on destroying the fabric of our nation,” Tinubu said.
The salary review is expected to provide a significant boost to the welfare of military personnel serving in various theatres of operation across the country, including those engaged in counter-terrorism, anti-banditry and peace support missions.
Tinubu Approves Up to 80% Salary Increase for Armed Forces Personnel
National News
Turkey Deepens Military Partnership with Somalia Amid Shifting Regional Security Dynamics
Turkey Deepens Military Partnership with Somalia Amid Shifting Regional Security Dynamics
By Zagazola Makama
Turkey is significantly expanding its military partnership with Somalia, reinforcing its position as one of Mogadishu’s most important security allies at a time of growing uncertainty over the future of international stabilization efforts and increasing pressure from Western partners to sustain the fight against Al-Shabaab.
The latest developments point to a broader strategic realignment in Somalia’s security architecture, with Ankara deepening its involvement in the country’s defense sector through expanded military training, operational support, and institutional reforms aimed at building a self-reliant Somali National Army (SNA).
The renewed cooperation signifies Somalia’s effort to develop integrated land, air, and naval capabilities capable of independently confronting insurgent threats and securing the country’s vast territory and coastline.
Security sources familiar with the development said the Somali government has accelerated plans to build a unified defense structure operating across multiple regions, reflecting a long-term strategy to reduce dependence on foreign peacekeeping forces.
The initiative includes strengthening command structures, improving force mobility, enhancing intelligence coordination, and developing specialized units capable of responding to evolving threats posed by Al-Shabaab.
The move comes as uncertainty continues to surround the future role of the African Union Support and Stabilization Mission in Somalia (AUSSOM), which replaced the African Union Transition Mission in Somalia (ATMIS) but continues to face operational and funding challenges. Officials believe Somalia must increasingly rely on its own security institutions if recent gains against extremist groups are to be sustained.
Demonstrating the growing defense relationship, Commander of the Somali National Army, Brig. Gen. Ibrahim Mohamed Mohamud, recently arrived in Baidoa alongside the Commander of TurkSom, Gen. Sebahattin Kalkan.
The joint visit is being viewed as more than a routine inspection. Military analysts say it underscores Ankara’s continued commitment to Somalia’s security sector reforms and reflects close coordination between Turkish military advisers and Somali commanders on future operational planning.
Turkey has played a central role in training thousands of Somali soldiers through the TurkSom Military Training Centre in Mogadishu, one of Ankara’s largest overseas military facilities.
The partnership has evolved beyond basic military instruction to include leadership development, logistics, force modernization, and institutional capacity building.
The renewed Turkish engagement comes against the backdrop of sustained pressure from Somalia’s Western partners to intensify military operations against Al-Shabaab.
Only days earlier, Commander of the United States Africa Command (AFRICOM), Gen. Dagvin R.M. Anderson, urged Somali authorities to maintain relentless pressure on the extremist group and prevent it from regaining territory.
His remarks reflected Washington’s continued commitment to supporting Somalia’s counterterrorism campaign through intelligence sharing, training, and precision operations against Al-Shabaab leadership.
The United States has continued to conduct targeted strikes and provide military assistance to Somali security forces, viewing Al-Shabaab as one of Africa’s most resilient jihadist organizations and a continuing regional security threat.
The evolving security environment has also pointed to the emergence of parallel defense partnerships across Somalia.
In recent weeks, AFRICOM concluded a bilateral security cooperation arrangement with Puntland authorities, demonstrating Washington’s engagement with regional administrations alongside the Federal Government.
These parallel relationships illustrate the increasingly complex network of international security actors operating in Somalia, where Turkey, the United States, the African Union, and other partners are simultaneously supporting different aspects of the country’s security architecture.
While Ankara focuses heavily on force generation, training, and institutional development, Washington continues to emphasize counterterrorism cooperation and operational support against Al-Shabaab.
Despite differences in approach, both Turkey and the United States share the broader objective of preventing Al-Shabaab from reversing military gains made by Somali forces over recent years.
The expansion of military cooperation with Turkey represents part of a wider strategy to build sustainable national defense capabilities capable of eventually assuming full responsibility for the country’s security.
As debates continue over the future of AUSSOM and international funding for stabilization missions, the emphasis on strengthening indigenous military institutions is expected to become increasingly central to Somalia’s long-term security planning.
The success of these reforms will largely determine whether Somali forces can maintain operational momentum against Al-Shabaab and secure areas recovered from insurgent control without prolonged dependence on foreign peacekeeping missions.
Turkey Deepens Military Partnership with Somalia Amid Shifting Regional Security Dynamics
National News
ECOWAS Chief Bids Benin Farewell with Unity Message on 66th Independence Anniversary
ECOWAS Chief Bids Benin Farewell with Unity Message on 66th Independence Anniversary
By: Michael Mike
The President of the ECOWAS Commission, Dr. Omar Alieu Touray, has paid a glowing tribute to the Republic of Benin on the occasion of its 66th Independence Anniversary, reaffirming the regional body’s commitment to solidarity, integration and shared prosperity in West Africa.
In what is seen as one of his final symbolic gestures before the end of his tenure, Dr. Touray extended warm congratulations to the government and people of Benin, describing the country as a steadfast pillar of regional cooperation and democratic governance within the Economic Community of West African States (ECOWAS).
The ECOWAS Commission President acknowledged Benin’s longstanding contributions to regional peace, political stability and economic integration, noting that the country’s commitment to the ideals of the bloc has strengthened cooperation among member states.
He reaffirmed ECOWAS’ determination to continue working closely with Benin in advancing regional integration, promoting sustainable development and addressing the common challenges confronting West Africa.
Dr. Touray’s message comes at a significant moment as he prepares to leave office, making the goodwill message not only a congratulatory note but also a symbolic reaffirmation of the enduring partnership between ECOWAS and one of its founding member states.
The Commission’s tribute underscored the importance of unity and collective action as West Africa confronts security threats, economic pressures and political transitions, stressing that closer cooperation remains essential to achieving lasting peace and prosperity across the sub-region.
Benin marked its 66th Independence Anniversary with celebrations reflecting on its post-independence journey and renewed commitment to democratic governance and national development.
The ECOWAS message highlighted the organisation’s resolve to deepen collaboration with the Beninese authorities and people in pursuit of the Community’s vision of an integrated, peaceful and prosperous West Africa.
ECOWAS Chief Bids Benin Farewell with Unity Message on 66th Independence Anniversary
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