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VP Shettima Inaugurates NCGC Board, Says Firm Will Unlock MSME Financing In Nigeria

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VP Shettima Inaugurates NCGC Board, Says Firm Will Unlock MSME Financing In Nigeria

By: Our Reporter

Vice President Kashim Shettima has inaugurated the Board of Directors of the National Credit Guarantee Company Limited (NCGC Ltd), charging members to deepen financial inclusion and stimulate Nigeria’s grassroots economy.

The new institution is designed to serve as a financial backbone for micro, small, and medium enterprises (MSMEs) struggling with access to affordable credit.

Speaking on Thursday during the inauguration ceremony at the Presidential Villa, Vice President Shettima said the establishment of NCGC represents the government’s commitment to bridging the financing gap that has long plagued MSMEs across the country.

President Bola Ahmed Tinubu had on May 29, 2025, announced the establishment of the company, just as he also approved the appointment of its board and management team.

The President also appointed former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, as Chairman of the NCGC Board, while Mr. Bonaventure Okhaimo was appointed the Managing Director and Chief Executive Officer.

While inaugurating the board, the Vice President said, “This is our response to a stubborn challenge that has stifled our economic potential for decades—access to finance. These entrepreneurs do not ask for handouts; they ask for the credibility of their ideas to be matched by the confidence of our financial institutions.”

Describing the NCGC as “a critical engine in our pursuit of economic inclusion and sustainable growth,” VP Shettima explained that the company will serve as a vital bridge between entrepreneurs and financial institutions, providing the trust needed for small businesses to secure loans.

He cited instances of farmers, traders, artisans, and tech entrepreneurs across the country who, despite being productive, are often stranded due to a lack of collateral or guarantees.

“NCGC is that bridge. It is the assurance that when a farmer in Ibadan needs a loan to expand her cocoa farm, when a tech start-up in Abuja needs working capital to scale, when a leather artisan in Kano seeks to mechanise his craft, and when a trader in Onitsha needs capital to expand, the system will no longer fail them. It is a promise that productive Nigerians will not be stranded for want of guarantees,” the Vice President said.

To the newly inaugurated board, chaired by former Speaker Dogara, VP Shettima urged its members to combine “prudence with courage, accountability with ambition,” as they translate national policy into impact.

“This is a call to deploy your diverse expertise not only as overseers but as enablers of transformation,” he charged, adding that the new board’s leadership is important in unlocking capital for Nigeria’s most enterprising but underserved sectors.

“On behalf of His Excellency, President Bola Ahmed Tinubu, GFCR, and the Federal Government of Nigeria, I hereby declare the Board of Directors of the National Credit Guarantee Company Limited duly inaugurated,” he stated.

Earlier, the new board’s Chairman, Rt. Hon. Dogara thanked President Tinubu for the bold and courageous leadership he is providing for the country.

“The establishment of NCGC is an attempt to give vent to our democracy to deliver on its promise. As it is said, the promise of democracy is life, liberty and the pursuit of happiness.

“You can be alive and may enjoy all the rights, but if you don’t have the means with which to pursue happiness, you are excluded from the promise of democracy. Our democracy must deliver not just political and individual rights but economic opportunities,” he said.

In his remarks, the Managing Director (MD) of the Bank of Industry (BOI) and member of the board, Dr. Olasupo Olusi, said that the establishment of the NCGC reflects the administration’s unwavering commitment to removing structural barriers that long constrained access to finance for MSMEs, manufacturers, consumers and other segments of the economy.

“This milestone is a result of dedicated hard work by a coalition of partners like BOI, Ministry of Finance Incorporated, Nigerian Consumer Credit Corporation, Nigeria Sovereign Investment Authority and the World Bank, who have all worked closely together under the direction of the Presidential Committee,” he said.

Other members of the board include Mrs. Tinoula Aigwedo, Executive Director of Strategy and Operations; Dr. Ezekiel Oseni, Executive Director, Risk Management; and Ms. Yeside Kazeem, Independent Non-Executive Director.

Representatives from key financial institutions serving as Non-Executive Board Members of the company include Mr. Aminu Sadiq-Umar (MD, Nigeria Sovereign Investment Authority), Dr. Olasupo Olusi (MD/CEO, Bank of Industry), Mr. Uzoma Nwagba (MD, Nigeria Consumer Credit Corporation), and Mrs. Oluwakemi Owonubi (representative of the Ministry of Finance Incorporated).

VP Shettima Inaugurates NCGC Board, Says Firm Will Unlock MSME Financing In Nigeria

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RHI Flow With Confidence program Launched across Nigeria

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RHI Flow With Confidence program Launched across Nigeria

“Don’t Allow Shame or Stigma Affect Your Confidence” – Senator Oluremi Tinubu to School Girls at the Launch of Flow With Confidence Program in Maiduguri, Borno State

By: Our Reporter

The Flow With Confidence program, a vital menstrual health intervention, is designed to empower schoolgirls with knowledge, build confidence, and promote improved menstrual hygiene. The initiative targets 370,000 beneficiaries, mostly from rural communities who struggle to access hygienic care while in school.

Launched simultaneously in seven states – Borno, Ekiti, Enugu, Gombe, Imo, Kebbi, and Lagos – by the First Lady of Nigeria, Senator Oluremi Tinubu, the program provides each beneficiary with a one-year supply of disposable sanitary pads.

At the official launch in Maiduguri, the First Lady was represented by the Wife of the Vice President, Hajiya Nana Shettima. She stressed that it is unacceptable for young girls to face significant challenges during their menstrual cycle, often forcing them to miss school days because they cannot afford sanitary pads.

Senator Oluremi Tinubu noted that many girls resort to unhygienic alternatives, hence the introduction of Flow With Confidence as a safe, hygienic option to enhance reproductive wellbeing. Each state under the initiative will have 10,000 beneficiaries.

Encouraging the girls, the First Lady urged them not to allow shame or stigma to affect their confidence but to boldly pursue their dreams as future leaders of the nation. She further called on corporate organizations and well-meaning individuals to support the program, while charging traditional, religious, and community leaders to ensure transparent distribution in their localities.

Borno State Governor, Professor Babagana Umara Zulum, represented by the Deputy Governor, Alhaji Umar Usman Kadafur, expressed the government’s profound appreciation to President Bola Ahmed Tinubu, whose leadership continues to rekindle hope and restore dignity to countless families by prioritizing economic empowerment as a driver of national development.

The Governor also commended the First Lady for addressing an often-neglected aspect of girls’ and women’s dignity and reproductive health.

Similarly, the Borno State RHI Coordinator and Wife of the Governor, Dr. Falmata Umara Zulum, lauded the First Lady’s commitment to caring for the most vulnerable in society through her numerous interventions under the Renewed Hope Initiative (RHI), complementing the efforts of President Bola Ahmed Tinubu.

Meanwhile, the First Lady also handed over assorted food items to the Borno State RHI Coordinator, Dr. Falmata Babagana Zulum, for onward distribution to vulnerable groups and persons with disabilities. This places Borno among the beneficiaries of the monthly RHI Food Outreach Scheme, flagged off in March 2024 with support from two leading industrialists.

RHI Flow With Confidence program Launched across Nigeria

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Fagbemi Calls for Appellate Mechanism in ECOWAS Court

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Fagbemi Calls for Appellate Mechanism in ECOWAS Court

…Insists Absence of Appellate Court at Regional Level Undermines Access to Justice

By: Michael Mike

The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi has called for the establishment of an appellate mechanism within the ECOWAS Court of Justice, stating that the absence of such mechanism continued to undermine access to justice in the region.

Speaking at the opening ceremony of the 2025/2026 legal year of ECOWAS Court, Fagbemi said while the finality of judgments is crucial, fairness also demands that decisions be open to review in order to correct possible errors of law or procedure.

Fagbemi while noting that the absence of appellate court at the regional level is a letdown, said: “It is concerning that there is currently inadequate room for appeal against the judgments of the ECOWAS Court. While finality is important, justice must also be seen to be fair and revisable,” insisting that: “The absence of a separate appellate mechanism limits access to justice. As we expand the Court’s reach, we must also ensure that its decisions are subject to the same standards of review and accountability that underpin robust judicial systems.”

He urged the Court to draw lessons from other regional judicial institutions such as the European Court of Human Rights, the East African Court of Justice and the Inter-American Court of Human Rights, which, according to him, offer valuable models of transparency, judicial independence and procedural innovation.

He however restated Nigeria’s support for the ECOWAS Court as host country, describing it as central to regional integration, human rights enforcement and stability. “Nigeria remains steadfast in its support for the ECOWAS Court of Justice… I pledge to continue advocating for legal reforms that align domestic laws with regional obligations while respecting our constitutional order and national interests,” Fagbemi added.

Also speaking, the President of Cabo Verde, José Neves, said community justice remains vital for Africa’s credibility in global affairs. He stressed that strengthening institutions such as the ECOWAS Court was essential for peace, democracy and integration on the continent.

He said: “In a continent still marked by border disputes and recurring tensions, the existence of an independent and respected community tribunal is a civilisational triumph that we must preserve and enhance,” Neves said. He noted that access to the Court by individual citizens was one of the most significant gains of regional integration, as it brings justice closer to the people.

Neves also called for reforms within African sub-regional bodies to make them more effective in addressing contemporary challenges such as insecurity, institutional fragility, migration and climate change.

In his address, the President of the ECOWAS Court, Justice Ricardo Goncalves, disclosed that the Court handled 34 new cases in the past year, including matters relating to civil and political rights, economic freedoms, and disputes between member states.

He also revealed that the Court held 79 judicial sessions and issued 54 rulings, many of which reaffirmed key principles such as the justiciability of socio-economic rights and the supremacy of community law over conflicting national legislation. According to him, 112 cases are currently pending before the Court.

Fagbemi Calls for Appellate Mechanism in ECOWAS Court

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Trans-Border Security: Zulum travels to Niger Republic Community

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Trans-Border Security: Zulum travels to Niger Republic Community

By: Michael Mike

Borno State Governor, Prof. Babagana Zulum on Wednesday, undertook a working visit to Diffa Region of Niger Republic on Wednesday.

The visit, which included a high-level security and economic delegation, focused on strengthening the existing collaboration between Nigerian and Nigerien forces in the ongoing fight against insurgency, particularly around the shores of Lake Chad.

Diffa is a community 17 km from Damasak town in northern Borno where thousands of Nigerians displaced by Boko Haram insurgency are currently taking refuge.

Zulum was received by the Governor of Diffa, Brigadier General Mahamaduo Ibrahim Bagadoma, and other senior officials. The leaders held closed-door meetings centered on joint patrols, intelligence sharing, and sustaining the recent gains that have pushed insurgents out of many of their former strongholds.

Zulum outlined plan to leverage the improved security situation to facilitate the return of thousands of displaced farmers to the vast and fertile agricultural lands around Dutchi town within the Lake Chad basin.

Part of the Governor’s entourage are Engr Bukar Talba, a member of the House of Representatives, Speaker, Borno State House of Assembly, Abdulkarim Lawan, and otheir senior government officials.
[10/2, 6:35 PM] Mike Olugbode: Maiduguri: For Over a Month, MSF Responds to High Numbers of Children Suffering from Malnutrition.

Since late August and early September, Doctors Without Borders/Médecins Sans Frontières (MSF) teams have scaled up their medical response in Maiduguri, northeast Nigeria, following a sharp rise in malnutrition cases that overwhelmed MSF-supported facilities. Although admissions have slightly decreased now, the number of children receiving treatment remains very high.

“A month ago, we witnessed a worrying increase in admissions, compounded by a surge in measles cases,” said MSF Project Coordinator Daniela Batista. “Our isolation units for measles patients were quickly filled, and even the additional space we opened reached capacity. Now, those units remain around 70 percent full.”

Since 8 September, MSF’s Inpatient Therapeutic Feeding Centre (ITFC) at Nilefa Kiji Hospital (NKH) has nearly doubled its bed capacity to accommodate the influx of malnourished children. By the third week of September, the emergency facility was recording an average of more than 85 new admissions daily.
In a context of reduced global humanitarian funding, some organizations in Maiduguri reduced their support for – or even left – nutritional outpatient nutrition programmes, causing a significant drop in access for first line care fir malnourished children.
 
At MSF’s extension facility in Shuwari, teams treated 3,265 children for malnutrition and referred 1,521 others for continued care between August and early September, when the upsurge began. More than 625 malnourished children have also been treated for measles — a disease which can contribute to malnutrition and whose complications can result from malnutrition.
 
The situation is further exacerbated by shortages of essential supplies. Therapeutic milk — critical for treating severe acute malnutrition — is in short supply, while access to ready-to-use therapeutic food (RUTF) remains a chronic concern. Some partner ITFCs have indicated they can only accept referrals if MSF provides additional medical supplies such as antibiotics, admission kits, and therapeutic milk.
MSF teams also reported regular admissions of patients from Zabarmari — a community they are currently unable to access due to security and logistical challenges. MSF is engaging with the Borno State Ministry of Health to assess and potentially support the local Primary Health Centre (PHC) to ensure residents can access care.

Borno State continues to face the effects of a decade-long insurgency, with recent reports of violence in areas surrounding Maiduguri.

This surge in Maiduguri mirrors an alarming trend seen in all MSF nutrition facilities across Kebbi, Sokoto, Kano, Katsina, and Bauchi in recent months. According to UN estimates, 2.5 million children across northeast Nigeria are at risk of acute malnutrition.

MSF called on health authorities and humanitarian organizations to urgently address the shortages in medical supplies and staffing, and to strengthen community-level health systems to prevent further deterioration.

Trans-Border Security: Zulum travels to Niger Republic Community

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