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N200bn Presidential Palliative: Lifeline For Nigerian Businesses Amidst Economic Challenges
N200bn Presidential Palliative: Lifeline For Nigerian Businesses Amidst Economic Challenges....KINDLY READ THE FULL STORY HERE▶
In a bid to bolster Nigeria’s economic resilience, the administration of President Bola Tinubu has unveiled a groundbreaking N200 billion Presidential Palliative Programme, poised to breathe life into struggling businesses across the nation. Spearheaded by the Minister of Industry, Trade, and Investment, Dr. Doris Anite, this initiative aims to provide vital support to a spectrum of enterprises, from nano businesses to Micro, Small, and Medium Enterprises (MSMEs), as well as manufacturers, through grants and low-interest loans…..CONTINUE READING
Speaking at the Ministerial Sectoral News Conference marking President Tinubu’s first anniversary, Dr. Anite emphasized the pivotal role of this programme in catalyzing economic growth. She underscored its significance in not only offering financial assistance but also in fostering the development of industrial clusters, a cornerstone of Nigeria’s industrialization drive.
Highlighting the partnership with the Bank of Industry (BOI), Dr. Anite outlined the phased disbursement of grants, ensuring that funds reach those in need efficiently. Moreover, she reiterated President Tinubu’s unwavering commitment to bolstering manufacturing and industrial clusters, pivotal engines of economic progress.
However, challenges persist, notably in access to reliable power supply. Dr. Anite shed light on ongoing efforts to address this issue, with initiatives such as the “Light Up” campaign targeting industrial zones deprived of electricity. By connecting these clusters to power grids or alternative energy sources like gas, the government aims to enhance their productivity and competitiveness, ultimately driving job creation and fostering inclusive prosperity.
As Nigeria navigates through economic headwinds, the N200 billion Presidential Palliative Programme stands as a beacon of hope, offering much-needed support to businesses and reaffirming the administration’s commitment to steering the nation towards a path of sustained growth and development.
The New Nigeria Peoples Party (NNPP) has dismissed claims by former Vice President Atiku Abubakar that it is part of the African Democratic Congress (ADC) coalition.....KINDLY READ THE FULL STORY HERE▶
In a statement on Thursday, NNPP National Secretary Ogini Olaposi said the party is not affiliated with the ADC and has no plans to join or merge with the coalition.
He clarified that the involvement of former Kano State Governor Rabiu Kwankwaso and members of the Kwankwasiya Movement in ADC activities does not represent the NNPP as a political party.
Olaposi also claimed that only a minority of Kwankwasiya supporters followed Kwankwaso, insisting that many of them have since joined the APC.
He further accused Atiku of misinformation, stressing that NNPP remains an independent political party focused on contesting elections on its own platform.
According to him, any previous association with the Kwankwasiya Movement ended after the 2023 general elections, adding that Kwankwaso and some associates had already been expelled from the party.
The NNPP maintained that it respects other political parties but has no interest in joining the ADC coalition.
National Coordinator of the Obidient Movement, Yunusa Tanko, has said the 2027 presidential election would be concluded by 12 noon if a Peter Obi–Rabiu Kwankwaso ticket emerges under the African Democratic Congress (ADC).....KINDLY READ THE FULL STORY HERE▶
Tanko made the remark during an interview on Channels Television’s Politics Today, while reacting to comments by ADC chieftain Dele Momodu, who had suggested a possible Atiku–Obi alliance.
Momodu had argued that a pairing of former Vice President Atiku Abubakar and Peter Obi could perform strongly in the election, citing their past collaboration in 2019 and Obi’s 2023 electoral performance.
Responding, Tanko questioned the logic of choosing a candidate who might win a primary but lose the general election, insisting that the Obi–Kwankwaso combination would be more formidable.
He further warned that if the ADC fails to zone its presidential ticket to the South, the party risks losing the 2027 election.
Tanko maintained that with Obi and former Kano State Governor Rabiu Kwankwaso on the same ticket, victory would be decisive and swift.
The Nigeria Police Force has extradited a fugitive, Matthew Chukwuemeka Adebiyi, to the United Kingdom over allegations of murder and drug trafficking.....KINDLY READ THE FULL STORY HERE▶
The operation was coordinated through the INTERPOL National Central Bureau in Abuja following a formal request from UK authorities in September 2024.
According to Police spokesperson Olumuyiwa Adejobi, the suspect was arrested on January 23, 2025, by INTERPOL operatives after an extradition request was received.
He said extradition proceedings were filed at the Federal High Court in Lagos, which later granted the request on February 16, 2026.
Authorities said Adebiyi is wanted in connection with the alleged murder of Joshua Boadu in June 2018, after which he reportedly fled to Nigeria.
He is also accused of involvement in the supply of crack cocaine, a Class-A drug, in the United Kingdom between 2017 and 2018.
Following the court order and completion of legal processes, he was handed over to UK law enforcement officials on April 14, 2026, at the Murtala Muhammed International Airport.
The Inspector-General of Police, Olatunji Rilwan Disu, reaffirmed the force’s commitment to international cooperation and warned that Nigeria would not serve as a safe haven for fugitives.
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