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N200bn presidential palliative will support businesses in Nigeria – FG

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Minister of Industry, Trade, and Investment, Dr Doris Anite, said President Bola Tinubu’s administration’s N200 billion Presidential Palliative Programme will support businesses in Nigeria.

Anite said this during her presentation at the Ministerial Sectoral News Conference in commemoration of President Bola Tinubu’s first anniversary on Tuesday in Abuja.

She said the programme, aimed at catalysing economic growth, provided grants to nano businesses and loans to Micro, Small and Medium Enterprises, MSMEs, and manufacturers at single-digit interest rates.

Anite said the ministry, in partnership with the Bank of Industry, BOI, successfully began phased disbursement of the grants in line with the palliative programme.

The minister said President Tinubu was committed to supporting manufacturing and industrial clusters for industrialization.

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According to her: “The ministry had commenced the initial process of mapping out major industrial clusters across the country to provide these with targeted intervention, thereby enhancing their vibrancy and competitiveness.”

She said a lot of industrial clusters are still not connected to efficient and affordable power supplies, but the ministry has started connecting some of them.

Dr Anite said: “We are flagging off our “Light Up” campaigns, starting with the Agbara Industrial Zone, which is not connected to the power grid. We are connecting it to the power grid. We will connect the Danwanu market in Kano to captive gas power. We are connecting the Nnewi industrial cluster to gas.

“We will continue to focus on supporting industries until all industrial hubs have electricity and gas to manufacture cheaper and more competitively. This strategic move signifies our resolve to harness clusters as engines of economic growth and development, fostering innovation, job creation, and inclusive prosperity across Nigeria in line with the Renewed Hope Agenda.”

CREDIT: DAILY POST

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Nigerian Govt shuts Eko Bridge, ramps for 8-week repairs

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The Federal Government has announced the closure of the Eko Bridge and Ramps for eight weeks to carry out essential asphalt resurfacing work.

Mrs. Olukorede Kesha, the Federal Controller of Works in Lagos, shared this information in a statement on Saturday. She noted that the resurfacing project is set to begin on Friday, September 20, at 7:00 a.m., and will continue until November 20.

Due to the closure, drivers will need to follow detours and alternative routes. Kesha advised that motorists traveling to the Island from Funsho Williams Avenue should utilize the service lane at Alaka to connect to Costain and access the Eko Bridge.

She explained that some sections of the bridge will be fully closed while others will have partial access.

“This important project aims to enhance road safety and improve the driving experience for motorists,” she stated. The work will involve milling the existing asphalt and laying down new asphalt on both the bridge and ramps to address wear and tear and create a smoother, safer roadway.

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Gov Adeleke appoints new Governing Council Chairman for Osun College of Education

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Osun State Governor, Ademola Adeleke, has appointed Akinwale Sarafadeen Adeyemi as the new Chairman of the Governing Council for Osun State College of Education in Ila-Orangun.

The announcement was made in a statement on Friday by Governor Adeleke’s spokesperson, Olawale Rasheed. The statement described Adeyemi as an experienced educationist and noted that he will succeed Peter Babalola, the former chairman, who was dismissed by the state government earlier this month.

Babalola, who was also a member of the Peoples Democratic Party (PDP) in the state, faced suspension from his local ward in Irewole due to public criticism over alleged financial misconduct before his removal.

The statement highlighted, “Governor Ademola Adeleke has approved the appointment of Mr. Akinwale Sarafa Adeyemi, a seasoned educationist, as the new Chairman of the Governing Council of Osun State College of Education, Ila-Orangun. Mr. Adeyemi replaces Dr. Peter Babalola, who resigned following a controversial term at the college.”

Adeyemi holds both a bachelor’s and a master’s degree in Education from the University of Ibadan and is a retired principal of the Federal Girls College in Ipetumodu. His swearing-in ceremony is scheduled for 10 a.m. on Monday at the EXCO lounge.

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Edo Decides: Police arrest armed political thugs ahead of election

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The police have reported that their operatives apprehended political thugs and seized firearms during overnight operations in Edo State, where the governorship election is taking place today, Saturday.

They also vowed to address illegal weapons possession and prevent any disruptions to the electoral process in the state.

Prince Olumuyiwa Adejobi, the Force Public Relations Officer, shared this information in a statement on Friday night, along with images of the recovered firearms.

He identified the arrested individuals as Edwin Obanor, 43, and Audu Tajudeen, a 41-year-old PDP member from Ugbogbo quarters in Igara Akoko, Edo.

“The Nigeria Police Force has made a significant breakthrough in combating electoral violence in Edo State with the arrests of Edwin Obanor, 43, and Audu Tajudeen, a 41-year-old PDP member,” the statement noted.

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According to DAILY POST, residents of Edo State will be voting for a new governor today, September 21, 2024, who will succeed Governor Godwin Obaseki after his eight-year term ends.

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