NEWS
FG Raises MSMEs Loans to N5m at 9%

The Federal Government has raised the amount small businesses could access on single digit loans to N5 million to ensure the country’s inclusive economic growth.
The Managing Director and Chief Executive Officer, Bank of Industry (BOI), Dr Olasupo Olusi, made the announcement on Friday during a town hall sensitisation in Lagos on the Federal Government Grant and Loan Scheme.
The event was organised by the Federal Ministry of Finance in collaboration with the Federal Ministry of Industry, Trade and Investments, the Presidency, Bank of Industry and other stakeholders.
Olusi, represented by Umar Shekarau, Executive Director, MSMEs, BoI, praised President Bola Tinubu for the availability of N200 billion Presidential Intervention Fund for Micro, Small, and Medium Enterprises (MSMEs).
He said N75 billion out of the presidential conditional grant and loan scheme, was targeted for MSMEs, adding that, the initiative was expected to create thousands of direct and indirect jobs nationwide.
The BoI boss said the fund, facilitated through the Bank of Industry (BOI) nationwide, was already sitting in the bank ready to be disbursed to beneficiaries at just nine per cent interest.
He urged business owners to approach the BoI or register online, without going through intermediaries, to benefit from loans and grants.
According to him, over 800,000 Nigerians have benefited and there is room for including youths, women, physically challenged and all Nigerian.
“We maintain our integrity as BoI and disburse the funds,” he said.
The town hall is holding simultaneously in six states of the federation.
Temitola Adekunle-Johnson, Senior Special Assistant to the President on Job Creation and Micro, Small and Medium Enterprises (MSMEs) said that successful applicants will receive an increased loan of N5 million.
This is against previous N1 million benchmark earmarked to boost their business operations.
He said President Tinubu gave the funds to cushion the effects of challenges experienced by businesses including access to finance, infrastructure, among others.
“The loan is nine per cent three years tenure. A single MSME can collect up to N5 million single digit,” he said.
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, listed interventions of the presidency for small businesses and manufacturing sector and success recorded so far.
Edun, represented by Ahmed Gazalli, said the event marked a pivotal moment in our collective journey toward economic empowerment and sustainable growth.
He said the event was to propagate a shared vision for communal prosperity in a thriving, inclusive economy where every Nigerian had the tools and resources to succeed.
Edun said the government was keenly focused on driving MSME growth and the success of the manufacturing sector to properly reposition Nigeria’s economy.
“It is common knowledge that MSMEs are the backbone of the Nigerian economy and if we do not support our MSME’s to prosper, the Nigerian economy suffers,” he said.
He thanked the MSMEs and beneficiaries in attendance for your hard work, sacrifice, and contributions to the development and stability of Nigeria.
Minister of State for Industry, Trade and Investment, Sen. John Eno, said the government was eager to support programmes and initiatives that promotes welfare of Nigerians.
Eno pledged the government’s commitment to help all the agencies to deliver on their mandates.
He called for collaboration to remove barriers from growth of MSMEs.
“It is such collaboration that can make it work,” he said.
On his part, Mr John Uwajumogu, Special Adviser, Industry, Trade and Investment, explained the gains of supporting industries with finance for inclusive growth
Some of the beneficiaries included, Mr Akor Goddy, a vegetable farmer and vendor from Badagry; Angela Christopher, a nanny; and Mr William Asuquo, a food vendor from Isolo in Lagos. (NAN)
NEWS
Nigeria Customs Service Foils Smuggling Attempts, intercepted PMS worth over 95 million in Adamawa.

From Yagana Ali Yola
The Nigeria Customs Service, Zone D, Adamawa State, has made significant seizures of petroleum products and arrested suspects in various smuggling operations.
The seizures include 2,276 jerricans of Premium Motor Spirit (PMS) and 19 jerricans of Automotive Gas Oil (AGO), with a total Duty Paid Value (DPV) of ₦95,695,000.
The controller general of custom Bashir Adewale Adeniyi , who was represented by the commander operations whirlwind
HK Ejibunu said the smuggling operations were intercepted at various notorious smuggling flashpoints, including Malabu-Belel Axis, Girei-Wuro Bokki Axis, Gurin-Fufore Axis, Jamtari Axis, Maiha Axis, Jimeta Waterside, and Mubi-Sahuda Axis.
The petroleum products were carefully concealed and being prepared for illegal export or distribution to neighboring countries.
Earlier in his welcome address the controller Nigeria custom Adamawa/ Taraba command HB Bashir call on good people of Adamawa state to cooperate with the command in other to bring to an end the activity of the Economics saboteurs who snuggled PMS to the neighboring country of Cameron at detriment of Nigerian.
However, the Nigeria Customs Service reported a disturbing incident of a violent mob attack on its operatives while on duty. The officers were ambushed by violent mobs and smugglers who barricaded access roads and assaulted the officers. One of the attackers was fatally injured during the chaos.
The smuggling of PMS not only results in revenue loss for the country but also puts additional pressure on the already strained fuel supply chain. The Nigeria Customs Service is committed to curbing such illicit activities that threaten national security.
The Service is working with relevant security agencies to identify and bring all perpetrators to justice. The public is urged to support law enforcement activities by providing timely intelligence and standing against such wicked acts and criminalities.
The Nigeria Customs Service remains committed to its mission of protecting the nation’s borders and preventing economic sabotage. The Service condemns the violent attack on its operatives and reiterates its zero-tolerance stance toward violence and obstruction of official duty.
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NEWS
Group Empowers Women in 12 Akwanga Communities with Poultry Items.

From Abel Zwanke, Lafia
As part of its ongoing efforts to promote grassroots entrepreneurship and self-reliance, the Community Initiative for Character Moulding and Entrepreneurship Development (CiCMED), under its Future Planter Happy World Project, has empowered women in 12 communities across Akwanga Local Government Area of Nasarawa State with poultry starter kits.
The one-day community engagement, themed “Building Self-sufficiency and a Brighter Future for Nigerian Mothers and Children (Happy World),” was designed to equip rural women with the resources needed to establish and sustain small-scale poultry farming ventures.
Beneficiaries received 240 Nuellas (pullet chicks), poultry drinkers and feeders, and bags of chicken feed to aid their startups.
Speaking during the one Day distribution exercise on Wednesday, the programme coordinator, Mr. Kefas Tigga, said the empowerment was a deliberate effort to build economic resilience among women, particularly in underserved communities.
“This project is a response to the need for sustainable empowerment. We believe that by equipping women with these poultry items, they can generate income, support their families, and contribute meaningfully to local food production,” Tigga stated.
He acknowledged the vital support of Rt. Hon. Musa Ahmed Mohammed, the Nasarawa State Accountant General, who also holds the traditional title of Baraden Nasarawa, for his unwavering commitment to community development.
“We’re grateful to Rt. Hon. Musa Ahmed Mohammed, the Nasarawa State Accountant General, for his continued support for initiatives that promote economic growth and social impact at the grassroots,” he added.
One of the beneficiaries, Mrs. Amina Adamu, expressed her gratitude, describing the project as a life-changing intervention.
“This is the kind of support we need. With these birds and feeds, I can start something immediately. I’m very grateful,” she said.
CiCMED reaffirmed its dedication to closely monitoring the beneficiaries’ progress and pledged to extend the Future Planter Happy World Project to more communities across the state.
NEWS
Hepatitis: FCTA Screens Food Handlers

By Laide Akinboade, Abuja
In order to safeguard public health and food security in the Federal Capital Territory (FCT), the FCT Administration (FCTA) will soon commence a comprehensive hepatitis screening of food handlers, especially those working in restaurants, markets, bakeries, canteens.
The initiative is aimed at preventing hepatitis and other foodborne diseases, thereby protecting public health and empowering food businesses to operate with enhanced confidence and credibility.
This was contained in the FCT Minister, Nyesom Wike’s goodwill message, marking the World Hepatitis Day 2025.
The goodwill message delivered on behalf of the Minister by the Mandate Secretary, Health Services and Environment Secretariat, Dr Adedolapo Fasawe, reads in part, “Hepatitis A and E, primarily transmitted through contaminated food and water, can rapidly spread through poor hygiene practices, posing serious risks in our rapidly expanding and cosmopolitan city of Abuja.
“Furthermore, Hepatitis B and C, predominantly spread through blood and bodily fluids, still pose a risk in food environments where open wounds or poor hygiene are present.”
The FCT Minister described food handlers as an overlooked group whose role is pivotal in safeguarding public health.
“Therefore, the FCT Administration, committed to safeguarding public health and food security, is launching a strategic initiative to enhance food safety through comprehensive hepatitis screening of food handlers. This ambitious initiative is being scaled up through an innovative Public-Private Partnership (PPP) consortium, in alignment with the National Policy on Food Safety and Quality.
“This PPP consortium will combine efficiency, technical expertise, and funding capacity of the private sector with government oversight to implement regular and mandatory Hepatitis B and C screening for all food handlers within the FCT
“We urge all stakeholders, government agencies, private enterprises, healthcare providers, and food industry operators to actively support this transformative initiative through the mandatory hepatitis screenings for food handlers, promotion of free and effective Hepatitis B vaccination at public health facilities, enforcement of standardized food safety training inclusive of hepatitis awareness, rigorous enforcement of licensing, hygiene inspections, and medical screening requirements for food vendors and handlers and raising awareness and compassionately addressing the stigma surrounding hepatitis.
“To us, food handlers are not just service providers, they are essential public health stewards. Simple, consistent, and safe hygiene practices can significantly reduce hepatitis transmission.
“Therefore, let us break the silence. Hygiene cannot wait. Screening cannot wait. Action cannot wait. Together, let’s ensure that the FCT leads by example, turning our food industry into a symbol of health, safety, and excellence.”
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