Economy
Tinubu Government Gives N250,000 Grants To Ondo MSMEs To Boost Local Economy
Tinubu Government Gives N250,000 Grants To Ondo MSMEs To Boost Local Economy
Tinubu Government gives N250,000 grants to Ondo MSMEs to boost local economy. The federal government has disbursed N250,000 unconditional grants to outstanding micro, small, and medium enterprises (MSMEs) in Ondo state as part of efforts to empower local businesses.
Vice-President Kashim Shettima announced the disbursement of the grants on Tuesday during the launch of the 7th expanded national MSME clinics in Akure, Ondo, according to a statement by Stanley Nkwocha, senior special assistant to the president on media and communications (office of the vice-president).
Shettima said the grant would create an enabling environment for MSMEs in Nigeria and is central to the economic policy of the renewed hope administration of President Bola Tinubu.
“I am also pleased to announce today, in line with President Tinubu’s unwavering support for grassroots enterprises, that every outstanding exhibiting MSME identified during this clinic will receive an unconditional grant of ₦250,000,” the vice-president said.
“This is not a loan. It is a gift from the Nigerian people, through their government, to the champions of local industry. It is our way of saying: we see you, we value you, and we believe in your journey.”
Shettima emphasised the importance of MSMEs in Nigeria’s economy, noting that they account for over 90 percent of businesses and contribute over 45 percent to the national economy.
He described MSMEs as the silent architects of survival, lifelines of households, and the pulse of every community, employing over 60 million Nigerians.
Shettima stressed that MSMEs are central to the Tinubu administration’s economic policy, serving as the true engine of poverty alleviation and job creation.
“This is why the Renewed Hope Agenda of President Bola Ahmed Tinubu places the creation of an enabling environment for MSMEs at the heart of our economic policy. It is not rhetoric. It is a call to action. It is a covenant with the builders of our future,” he noted.
“This administration is deliberate in walking the talk, and one of the ways we do so is through platforms such as the MSME Clinics, conceived to draw the federal government closer to the creators of jobs, the innovators, the dreamers who make things happen in our communities.”
‘ONDO MSME CLINIC OFFERS SMALL BUSINESSES UNPRECEDENTED OPPORTUNITIES’
The vice-president said the expanded MSMEs clinic in Ondo state provides small businesses with a unique chance to interact directly with regulatory agencies, financial institutions, and business support organisations.
Shettima also said the Tinubu administration has introduced several interventions to support MSMEs, including a N75 billion MSME Intervention Fund, N50 billion Presidential Conditional Grant Scheme, and N75 billion Manufacturers Fund.
He commended the Ondo state government for its supportive policies and partnerships on investment in infrastructure that welcome innovation and enterprise.
On his part, Lucky Aiyedatiwa, the governor of Ondo, said the state government is also in alignment with the initiative of the federal government to implement schemes to support MSME development and address challenges facing small businesses.
Aiyedatiwa pointed out that his administration’s seven-point agenda, which prioritises MSME growth and development, has been impactful and has resulted in successes across different sectors of agriculture, manufacturing, and fashion, among others.
“Your presence here today demonstrates your unwavering commitment to the development of our state and key sectors of our nation’s economy,” he said.
“Your interest in promoting MSMEs across Nigeria has changed the fortunes and stories of small businesses across our country, and we remain grateful.”

MSMEs
Also, Biodun Oyebanji, governor of Ekiti state, appreciated the federal government, particularly the vice-president, for personally driving the initiative of the clinics.
Oyebanji acknowledged that the Ekiti edition of the clinics had been impactful and remains invaluable, as businesses have continued to benefit from the network created through the programme.
The governor said the programme is the first attempt by any government in Nigeria to align growth to development through a deliberate and direct interface between facilitators and small business operators across the country.
Temitola Adekunle-Johnson, special adviser to the president on job creation and MSME, and Charles Odii, director general of the Small and Medium Enterprises Development Agency (SMEDAN), were in attendance.
Others present were Adeyeye Ogunwusi, Ooni of Ife, and Ajibade Ogunoye, chairman of the Ondo state council of chiefs.
Economy
ADC Is Nigeria’s Only Reliable Political Party, Others Brought Insecurity, Hunger, Says Atiku
ADC Is Nigeria’s Only Reliable Political Party, Others Brought Insecurity, Hunger, Says Atiku
ADC is Nigeria’s only reliable political party, others brought insecurity, hunger, says Atiku. Former Vice-President Atiku Abubukar says the African Democratic Congress (ADC) is the only reliable political party in the country, noting that others have brought insecurity, hunger, poverty and unemployment.
Speaking in Jalingo, the capital of Taraba state, during the official opening of the ADC state secretariat, Abubakar said the party is ready for a 2027 victory but urged Nigerians to unite to rescue the nation.
He also asked Taraba residents to take part in the ongoing continuous voter registration exercise, adding that their participation is crucial to reversing Nigeria’s worsening hardship.
“I am in Taraba to inaugurate our new party office of the ADC, and I want you to hold the party with integrity,” Channels Television quoted Atiku as saying.
“Do not allow anybody to deceive you with any other party, because we have tasted other political parties, and they brought nothing but insecurity, hunger, poverty and unemployment. “The youths and women should know that we are doing this for them to have a better future, and I am holding on to their promise. “ADC will win Taraba state and win Nigeria as the only reliable political party.”

ADC Is Nigeria’s Only Reliable Political Party
Abubakar, who formally joined the ADC on Monday—17 months before the 2027 general election—said his experience across political platforms convinced him that the All Progressives Congress (APC), the Peoples Democratic Party (PDP) and other parties lack the capacity to rescue the country.
He resigned from the PDP on July 16, citing “irreconcilable differences” within the opposition party as his reason for leaving.
Akwa Ibom
Akwa Ibom Governor Pledges Commitment To Tourism, Blue Economy Development
Akwa Ibom Governor Pledges Commitment To Tourism, Blue Economy Development
Akwa Ibom governor pledges commitment to tourism, blue economy development… commends Editi Effiong for projecting State’s tourism potentials
As part of his effort to encourage tourism and enhance the State’s blue economy, Akwa Ibom State Governor, Pastor Umo Eno, has reiterated his administration’s commitment to encourage and reward young professionals who are willing to collaborate with his administration in promoting the positive image of the State through the ARISE Agenda.
The Governor made this known while fielding questions from Government House correspondents shortly after embarking on inspection of a locale of a movie, “The Black Book 2” (Old Scores), at Ishiet Beach/Market in Uruan Local Government Area.
He commended the movie Producer and Director, Mr. Editi Effiong, for his talent, vision, inspiration, and creative ability to project the tourism potentials and boost the economy of the State.
Governor Eno charged young Akwa Ibomites to shun divisive tendencies, be inspired, and emulate the creative effort of successful Akwa Ibom sons and daughters by joining hands to develop the tourism and blue economy of the State.
“The impression is amazing, seeing that we have one of our own trying to pull the world down here.
“I would love to thank and encourage him, and to let our young people see that Akwa Ibom has what it takes to drag the world’s attention.
“It depends on what you see. Someone can see this place and write one story about a swamp that has been abandoned and make all the noise. Another person sees this place and makes a great movie out of it that will market this place to the world and is able to attract the attention because of the work he has done here,” he said.
The State Chief Executive pledged his encouragement, support, and collaboration with Editi and other young Akwa Ibomites to enable them rise to the zenith of their calling.
“We are going to work with him. Editi is a young man I have known very well. This is one thing I say to our people in the diaspora, let’s partner. Come back home, whatever you see out there, bring it back here, and let’s work together.
“I think that is the story, and I am really impressed. If you know the number of people that have visited this State in the course of this film, the talents, and the caliber of artists that have been here, then this young man deserves an award and our support,” he added.

Ibom Deep SeaPort
On his part, the movie Producer and Director, Effiong, appreciated Governor Eno for his visionary leadership and passion for tourism development.
He expressed gratitude to the Governor for creating a hospitable and tourism friendly ecosystem to enhance talent exploration through the provision of good road network and quality modern facilities which distinguished the State as one of the most treasured locations in the country.
Crime
EFCC Releases Ex-AGF Malami After Hours Of Interrogation
EFCC Releases Ex-AGF Malami After Hours Of Interrogation
EFCC releases ex-AGF Malami after hours of interrogation. He said he would return for further questioning.
The Economic and Financial Crimes Commission (EFCC) has released the former attorney general of the federation and minister of justice, Abubakar Malami, after hours of interrogation by the anti-graft team.
Mr Malami confirmed his release in his X account on Saturday. The former minister said that he had been released and scheduled for another meeting with investigators.
He said that the reality behind the “fabricated allegations” levelled against him would become clearer with time.
“In line with my undertaking to keep Nigerians updated on my invitation by EFCC, I give glory to Allah for his divine intervention. “The engagement was successful and I am eventually released while on an appointment for further engagement as the truth relating to the fabricated allegations against me continues to unfold.”

EFCC Releases Ex-AGF Malami After Hours Of Interrogation
The EFCC had summoned Mr Malami through a letter dated November 24, and signed by Sunday Ofen-Imu on behalf of its chairman, Ola Olukoyede.
The EFCC did not disclose the specific allegations for which Mr Malami was invited.
-
Crime7 months agoKogi Assembly Considers Law To Regulate Rent, Establish Control Board: Tenancy Law
-
Akwa Ibom10 months agoThe Apostolic Church Gets New Territorial Chairman, Exco
-
Akwa Ibom10 months agoUmo Eno Commences Payment Of 80,000 Naira Minimum Wage With Arrears
-
News10 months agoThe Apostolic Church Gets New National President, Executive
-
News9 months agoSenator Natasha Returns To Senate With Husband Amid Seat Dispute
-
News8 months agoAtiku Reveals Why He Failed To Pick Wike As Running Mate In 2023
-
Economy7 months agoKiyosaki: Is Tinubu’s Government Afraid Of Ibrahim Traore?
-
Politics10 months agoPresident Trump Changes Divorce Law, No 50% Property Shares
