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FG, Access Bank Commit N30bn to Support 4m MSMEs, Women

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Access Bank P.lc., has partnered with the Office of the Vice-President to provide N30 billion to support four million Micro, Small and Medium Enterprises (MSMEs), women and youths businesses in Nigeria.

The Group Managing Director of the bank, Mr Roosevelt Ogbonna, made this known in an interview with newsmen after a meeting with the Vice-President, Kashim Shettima at the Presidential Villa, on Friday in Abuja.

Ogbonna, who explained that the money would be provided to the MSMEs at discounted rates, said the bank had been supporting MSMEs and women over the last 16 to 17 years.

He said that the vice-president had directed the bank to give priority to women, saying, ” Shettima has a biased for women as we do.

” It was a very interesting meeting with the Vice-President,Kashim Shettima, we spoke about how we can begin to impact the lives of women and youths in Nigeria as well as how we can support the MSMEs.

” We spoke on broad range of issues. We want to change the lives through the Office of the vice-president of small businesses of women and youths.

” We do agree and determine that about 66 per cent of MSMEs in Nigeria are owned by women and youths. And I think one of the challenges that they faced is access to finance.

” Working with the Office of the vice-president we agreed today that Access bank will provide about N30 billion towards supporting MSMEs and youths.”

He said that the bank had designed four different programmes to benefit no fewer than four million MSMES in the country

” This is not just about lending, we are building capacity by training the youths. We are ensuring that we can empower them through financing.

” We are also ensuring that we can find a new market for this MSMEs, so that any product or service they come up with they can find an outlet for it.”

Ogbonna also revealed that the bank would organise training programmes that would take them beyond the shores of Nigeria.

He added, ” So that they can be better when they return. Financing we expect that about 700,000 to a million people will be impacted but overall the programme will impact about four million MSMEs, youths and women.”

Ogbonna thanked the vice-president for granting them the opportunity to partner with the Federal Government.

He said, ” We are excited to be part of that process and we thank the office of the vice-president for giving us this opportunity to be a partner to his office.

” It will start from today, we just have to look for the deserving MSMEs. As we all know Access bank has been a bank that has supported SMEs and women for the last almost 16 to 17 years.

” All we are doing with this partnership is to give us significant impetus to do more. The vice-president has charged us to do less talking.

” We are now going to be on the streets to try and ensure that we get this off the ground immediately.”

On his part, Mr Temitola Adekunle-Johnson, Senior Special Assistant to the President on Job Creation and MSMEs, Office of the Vice-President, reiterated the readiness of the Federal Government to partner with the private sector to support SMEs.

He said, ” President Bola Tinubu has told the entire world that Nigeria is ready and truly we are ready. Our doors are open for business and partnership.

” And you cannot thrive in this economy without the private sector and nor can the private sector thrive alone with the public sector.

” So for us it is a partnership that has come to at the right time. They have pledged to their own N30 billion for the Micro, Small and Medium Enterprises (MSMEs) at a discounted rates of between 15 to 17 per cent.

” This is a viable opportunities for MSMEs and it not a programme that we will need to have another conference or a meeting for, it starts now.” (NAN)

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Appeal Court Upholds Judgment Stopping VIOs from Impounding Vehicles, Imposing Fines

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The Court of Appeal in Abuja, on Thursday, affirmed a judgment barring the Directorate of Road Traffic Services and Vehicle Inspection Officers from stopping motorists, confiscating vehicles, or imposing fines on road users.

In a unanimous decision, a three-member panel held that there was no basis to overturn the Federal High Court’s ruling of October 16, 2024, which prohibited VIO officials from harassing motorists.

The appeal filed by the VIO was dismissed for lacking merit in the lead judgment delivered by Justice Oyejoju Oyewumi.

Justice Nkeonye Maha of the Federal High Court had earlier ruled that no law empowered VIO officials to stop, impound, confiscate, seize, or impose fines on motorists.

The ruling followed a fundamental rights suit marked FHC/ABJ/CS/1695/2023, filed by public interest lawyer Abubakar Marshal.

Marshal told the court that VIO operatives forcefully stopped him at Jabi District on December 12, 2023, and confiscated his vehicle without lawful justification.

He asked the court to declare their actions wrongful, oppressive, unlawful, and a gross violation of his fundamental rights.

In granting the reliefs sought, Justice Maha restrained the DRTS, its agents, and assigns from impounding or confiscating vehicles or imposing fines on motorists, describing such actions as oppressive and unlawful.

The court also issued a perpetual injunction preventing further violations of Nigerians’ rights to freedom of movement, presumption of innocence, and the right to own property.

The judge held that only a court of competent jurisdiction could impose sanctions or fines on motorists.

She further ruled that the respondents had violated the applicant’s constitutional right to own property under section 42 of the 1999 Constitution (as amended) and Article 14 of the African Charter on Human and Peoples’ Rights.

The court held that the respondents lacked statutory powers to impound vehicles or impose fines, stressing that doing so breached motorists’ rights to fair hearing, freedom of movement, and presumption of innocence under Sections 6(6)(b), 36(1), 36(8), 36(12), 41 and 42 of the Constitution, as well as Articles 2, 7(3), 12 and 14 of the African Charter.

Marshal, represented by a legal team led by Femi Falana (SAN), had sought N500 million in general and aggravated damages and an apology in three national newspapers.

The court instead awarded N2.5 million in damages.

The respondents included the DRTS, its Director, the Abuja Area Commander, identified as Mr. Leo, the team leader, Solomon Onoja, and the Minister of the Federal Capital Territory.

Dissatisfied with the ruling, they lodged an appeal, which the Court of Appeal dismissed on Thursday, thereby affirming the lower court’s decision.

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wo Die, Nine Injure in Multiple Accident on Enugu-Port Harcourt Expressway

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The Federal Road Safety Corps (FRSC) has confirmed that two persons lost their lives in a multiple accident involving 11 vehicles along the Enugu-Port Harcourt Expressway on Wednesday.

The Sector Commander of FRSC, Enugu State Command, Franklin Agbakoba, confirmed the incident to newsmen in Enugu shortly after rescue operations by operatives of the corps.

Agbakoba said that no fewer than nine males got injured as a result of the multiple accident, which involved 30 people comprising 26 males and four females.

He said that the multiple accident happened at about 11:45a.m within the Port Harcourt bound axis of the expressway and precisely within the New Garki axis of the road in Enugu State.

The sector commander said that the multiple accident involved four trucks, two trailers, one sienna, one tipper, one Hiace bus, one Mini-Bus and one Jeep.

According to him, within 10 minutes of the unfortunate incident, officers and men of the FRSC Ozalla Unit Command stationed along the road and started the rescue operations.

“The injured victims were taken to the National Orthopaedic Hospital, Enugu and the University of Nigeria Teaching Hospital (UNTH), Ozalla by the FRSC Zebra 32 Ambulance team stationed along the expressway.

“Also, the obstructions were cleared by the FRSC and the Enugu State Traffic Management Authority (ESTMA) towed the trucks.

“The FRSC Unit Commander, Ozalla; the Divisional Police Officer (DPO), Ozalla and military men coordinated the rescue operation,” he said.

The sector commander said that causative factors that led to the multiple accident included speed and route violations and loss of control.

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UNICEF Reaches 106,000 Gombe Children with Nutrition Support

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A Nutrition Specialist with UNICEF Nigeria’s Bauchi Field Office, Philomena Irene, said 106,248 children in Gombe State have received UNICEF’s Small-Quantity Lipid-Based Nutrient Supplements (SQ-LNS) between 2023 and 2025.

Irene stated this on Wednesday during a virtual meeting with journalists in Gombe.

The meeting followed journalists’ field visits to Kwami and Kaltungo Local Government Areas to interact with beneficiaries of the Progressing Action on Resilient Systems for Nutrition through Innovation and Partnership (PARSNIP) project.

The project, implemented by the Gombe State Government and UNICEF with support from the Foreign, Commonwealth and Development Office, aims to prevent malnutrition among children under five.

Irene said no fewer than 20,347 caregivers had been counselled and trained under the PARSNIP project on the effective use of Mid-Upper Arm Circumference tapes and proper Maternal, Infant and Young Child Nutrition (MIYCN) practices.

She added that the training was designed to strengthen caregivers’ ability to monitor children’s growth, detect malnutrition early and adopt optimal feeding practices to improve child nutrition and health outcomes.

“The specific objectives of the PARSNIP project are to improve IYCF practices for better prevention, enhance early detection and referral of malnutrition through routine screening, and strengthen treatment services at community and facility levels.

“The project also builds government-led nutrition systems, promotes multisectoral collaboration across health, WASH and agriculture, and supports innovative, resilient approaches that ensure nutrition services continue effectively even during shocks,” she said.

The State Nutrition Officer, Muhammad Bawa, described the project as a huge success considering the number of children whose health had been improved and strengthened with essential nutrients.

Bawa said the partnership between the state government and UNICEF had contributed significantly to addressing malnutrition in many communities while also reducing mortality rates.

He added that although the project was currently implemented in three LGAs, Dukku, Kwami and Kaltungo, plans were underway to scale it up to more LGAs as part of the state’s sustainability strategy.

Bawa also commended the Gombe State Government for recently paying N500 million as counterpart funding to strengthen the fight against malnutrition.

Some beneficiaries of the PARSNIP project in the Malam-Sidi community in Kwami LGA said that the intervention had saved their children from malnutrition.

Hussaina Bappayo, a mother of two, described the supplement as “a wonder supplement” that every child should receive to support healthy growth.

She said her child’s health had improved tremendously since she began using the supplement, a sentiment shared by Asmau Tella, another mother in the community.

Tella said her daughter was frequently ill and suffered recurrent diarrhoea before she introduced SQ-LNS into her meals. “All that stopped when I started giving her the supplement,” she said.

According to the mothers, many women in the community began rushing to the health centre for the supplement after witnessing improvements in their children.

They added that they had saved significant amounts previously spent on medications for recurrent childhood illnesses.

They appealed to the state government, UNICEF and other partners to replenish the supply at their health centre, noting that “demand is now very high and we are currently out of stock.”

SQ-LNS are nutrient-dense food pastes designed to prevent malnutrition in young children (6–23 months) by providing 24 essential micronutrients and macronutrients.

The supplements can be consumed directly from a sachet or mixed with food, supplying vitamins, minerals, energy, protein and essential fatty acids.

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