Environment

SMEs: What Importance To Nigerian Economy?

Published

6 years ago

October 28, 2020

The Small and Medium Enterprises (SMEs) sector, in recent times, has suffered many setbacks due to the COVID-19 pandemic and the #EndSARS protests that are currently rocking the country.
This week, The Tide’s Business Unit takes a look at the importance of the SMEs to the Nigerian economy and why the sector should be given proper attention by the government.
Our senior correspondent, Lilian Peters, went to town to have a chat with some entrepreneurs in Port Harcourt and here is what she came back with.
Chief Executive Officer of BenFather Enterprises, Rev. John Benneth, believes that without the SMEs, the demand and supply of the masses in any society cannot be met.
“The SMEs are the economic hub of the country and play a very important role in revenue generation.
“It is unfortunate that the same sector has not been given the required attention to thrive which will in turn benefit the society.
“Government should provide conducive environment for the SMEs and checkmate the excesses of touts and police who take undue advantage of the sector”, he said.
Rev. Bennett noted that many investors had left the country due to insecurity and lack of conducive business environment.
According to him, the harsh economic reality in the country has negatively affected the SMEs. He said the sector required urgent attention of the government to bounce back.
On the ongoing #EndSARS protests in the country, he said, “the youths are fighting a just cause, but unpatriotic Nigerians have hijacked the protests which resulted in the destruction of lives, property and even the business of SMEs”.
Chief Executive Officer/Managing Director of GEEPICS International Limited, Mr Gideon Emeh, says SMEs play a major role in the nation’s economy.
“The only way a nation can boast of a sustainable economic growth is by having a stabilised SME which is the backbone of any economy.
“Growth of SMEs is a sign of a good economy because they pay taxes, provide jobs for others and are also responsible for currency flow”, he said.
Emeh who deals on system softwares, security and engineering programming said the Federal Government has not done enough to help the growth of SMEs in the area of stable power supply, good infrastructure and harmonised taxation.
He urged small and medium entrepreneurs to always invest in self development and acquisition of current skills.
“When you do trial and error in business, chances are that you may succeed out of perseverance or fail out of frustration”, he said.

Managing Director of Ogbom Welding & Fabrication Works, Mr Christopher Ogbonna Nduka, says the importance of SMEs cannot be over-emphasised in the society.
SMEs, he noted, play an important role in reducing crime rate, providing services to the masses and also maintaining the systems put in place by the government.
According to him, “just as welding works provide security to properties, so do SMEs secure economic growth for the country”.
Nduka noted in strong terms that any country that wants a sustainable economy does not play with the entrepreneurs who drive its economy.
“Nigeria should make more moves to help the SMEs in the country to develop like other countries.
“Here, government is only interested in collecting one revenue or the other. Nobody cares for our welfare. Whether we make gain or not, we must generate revenue to all the three tiers of government in addition to contending with the touts who are ready to fight and destroy our working tools.
“This is the reason why we have many businesses closed down after the COVID-19 pandemic and now EndSARS”, he said.

Managing Director of DIDI Concepts, Mrs Lilian Ndidi Onuoha, says the SMEs play a very important role in the development of any nation.
Mrs Onuoha who deals on wares said, “the SMEs do not depend on government for employment, but rather create jobs for themselves and even employ people to reduce the level of unemployment that increases the crime rate in the society”.
She however, observed that the SMEs in Nigeria today “are below average compared to those of other countries.
“Government needs to do more in terms of financial support, encouragement and infrastructural development,”
She added that “the #EndSARS protests have also impacted negatively on the SMEs. The initial motive of the protesters was good but hoodlums hijacked it and damaged, looted and burnt businesses that SMEs built, nurtured and grew for many years”.

Environment

Stakeholders Unite To Build Greener, More Resilient In Kaduna

Published

2 weeks ago

April 27, 2026

The Tide

The Kaduna State Government has begun a comprehensive review of its 2019 Environmental Policy to address emerging environmental challenges and strengthen sustainable development across the state.

The initiative was announced by the Commissioner for Environment and Natural Resources, Malam Abubakar Buba, at a two-day stakeholders’ engagement organised under the Strengthening Peace and Resilience in Nigeria (SPRING) programme in Kaduna.

The Commissioner, represented by Ibrahim Zakari, described the policy review as both pivotal and dynamic, noting that it would help align Kaduna’s environmental framework with current realities and global best practices.

He explained that the engagement brought together a broad range of stakeholders, including government agencies, legislators, civil society organisations, private sector actors, academics, and non-profit groups.

According to him, the platform was designed to strengthen collaboration and inclusiveness in addressing environmental challenges affecting the state.

Key environmental concerns highlighted at the forum include pollution, global warming, overpopulation, unsustainable consumption, and wildlife crime.

The Commissioner noted that Kaduna is currently facing serious ecological challenges, including rapid urbanisation, poor waste management, and increasing pressure on natural resources.

He stressed that human activities, industrial pollution, and environmental neglect are contributing to the deterioration of air and water quality in the state.

Buba emphasised that the review process is not just procedural but a collaborative effort to ensure a stronger policy framework that protects natural resources and livelihoods.

He called for mainstreaming climate action into state planning, alongside improved strategies for water conservation and land restoration.

The Commissioner also urged greater inclusion of vulnerable groups, youths, and local communities in shaping environmental policies and interventions.

He reaffirmed that environmental protection is a shared responsibility and encouraged citizens to adopt environmentally friendly practices in their daily lives.

The Commissioner also reminded that effective policies depend on active participation and constructive input from all sectors of society.

He commended the SPRING programme and its partners, including the Foreign, Commonwealth and Development Office (FCDO), for supporting environmental sustainability and resilience efforts in Kaduna.

Also speaking, Mr Barau Emmanuel, State Representatives of the SPRING programme highlighted the link between environmental governance and conflict prevention, noting that effective resource management could significantly reduce tensions in vulnerable communities.

Emmanuel said the programme was supporting Kaduna State in developing policies that promote environmental sustainability while strengthening institutional capacity and community engagement.

In a presentation, Miss Gloria Kasang Bulus, Executive Director of Bridge That Gap Initiative and Coordinator of the Network of Civil Society in Environment (NCSE), highlighted ongoing efforts to improve Kaduna State’s access to adaptation finance.

She noted that partners are working with government and civil society to strengthen climate governance systems, improve project design, and enhance coordination mechanisms for attracting climate resilience funding.

Bulus explained that these efforts are essential in addressing climate-related vulnerabilities such as flooding, erosion, and environmental degradation affecting communities across the state.

She further stated that development partners are helping Kaduna establish a more structured and accountable framework for adaptation financing to ensure effective resource utilisation.

According to her, the push for adaptation finance is not only about securing funding but also about building systems that can manage and sustain climate resilience investments effectively.

She emphasised that Kaduna must be well-prepared to access both national and international climate finance opportunities in line with global best practices.

Participants further expressed optimism that the outcome of the engagement would lead to stronger environmental governance and improved resilience across the state.

The engagement is expected to produce key recommendations that will guide the final review and implementation of the Kaduna State Environmental Policy.

The Tidenews source reports that these recommendations are expected to shape a more responsive and inclusive environmental policy framework for the state.

The revised policy is anticipated to strengthen environmental governance, enhance climate adaptation measures, and contribute significantly to peace, stability, and resilience in communities across Kaduna State.

Environment

Disaster: Society Urges FG To Prioritise Ecological Challenges Across 36 States

Published

2 weeks ago

April 27, 2026

The Tide

The Nigeria Environmental Society (NES) has urged the Federal Government to prioritise ecological challenges across the country to safeguard lives and property against flood disasters.

Dr Efegbidiki Okobia, National President of the society, made the call in an interview with the Newsmen on Wednesday in Abuja.

Okobia, who described ecological issues as administrative challenge, was reacting to the burden of ecological challenge in the country and efforts of Ecological Project Office (EPO) in addressing the challenge.

He said the challenge had not received the desired attention from the Federal Government.

He appealed to the Secretary to the Government of the Federation (SGF), Sen. George Akume, to look at all ecological projects currently at his table and forward same to President Bola Tinubu for approval.

“Some of the projects are underground water issues and shore in Lagos, Delta; shore challenges in River State, Akwa-Ibom and all over the country.

“These projects are on his table; we should give them attention. It is time for the SGF to look at the issues. Government should be proactive in addressing ecological challenges.

“It is not political. It is for the betterment of the Nigerian people, and that is all that we deserve at this moment,” he said.

He added “we have a critical challenge as a country with regards to environmental issues.

“While we agree that ecological challenges are mostly common around the South-East, we find that environmental issues regarding ecological pollution, underground water and others, are across the geopolitical zones of Nigeria.

“It is unfortunate that projects on ecological challenges have not been given attention by the government of the day.

“There are funds available for ecological projects and government needs to give environmental issues more attention,” he said.

The president, who acknowledged funds allocated to EPO annually to cushion ecological challenges across board, cautioned that the environment would fight back at the country’s failure to ensure judicious utilisation of such funds.

According to him, once the environment fights back at us, whatever investments we are doing as a people, as a country, will be wasted at the end of the day.

He frowned at the growing pattern of flood incidents across the country leading to loss of lives, properties, health challenges and displaced families.

Okobia, who described the menace as a huge loss to the country, attributed the challenge to poor attention of the Federal Government to ecological challenges.

Okobia, who cited the Lagdo Dam issue from Cameroon specifically, said that the Federal Government and Cameroon reached an agreement in 1970s to construct the dam.

He, however, said “while Cameroon completed the Lagdo Dam project in 1982, Nigeria did not complete the building of Dasin Hausa Dam.

“We have had two scenarios of flood. A major flood incident in 2012 from the Lagdo Dam and in 2022 another major flood.

“We do not know when the next one will happen.

“So, this is just sheer negligence and the government not prioritising issues that have to do with the environment because the flood affected over 30 states and lives were lost, families were displaced.

“So, it is a huge loss to us as a country. We should be able to manage this appropriately.”

The president urged state governments to wake up to the realities of ecological challenges ravaging the country.

The Tide source reports that environmental experts have alerted to worsening environmental degradation in South-South region and urged all tiers of governments to ensure proper utilisation of ecological funds to address the growing crisis.

They attributed the region’s challenges to both natural and human activities.

The Tide source reports that more than N109.5 billion ecological fund was disbursed between July 2023 and December 2025 across the 36 states to mitigate ecological challenges particularly flooding.

Between 2022 and 2023, a total of N39.62 billion was disbursed among 36 states of the federation.

Efforts to reach the management of EPO on how ecological funds allocated to the office are being utilised proved abortive.

Environment

FG Urges Citizens To Prepare That Flood Will Affect 266 LGIn 33 States

Published

3 weeks ago

April 20, 2026

The Tide

This was disclosed in a keynote address by the Minister of Water Resources and Sanitation, Engr Joseph Utsev, at the AFO public presentation at the Presidential Banquet Hall, Abuja, organised by the Nigeria Hydrological Services Agency, NiHSA, with the theme ‘Smart Water Resources Management: Moving from Oil to Water-Based Economy’.

Utsev acknowledged that early information saves lives, livelihoods, protects infrastructure, and reduces economic losses, saying that, as part of the Federal Government’s commitment to improving flood forecasts and preparedness, is the modernisation of the national hydrological monitoring networks.

The minister also said his ministry is strengthening collaboration with the Nigerian Meteorological Agency, NiMet, to ensure better integration of weather and water information, as it is critical for delivering reliable forecasts that support farmers, disaster managers, urban planners, and other key sectors of the economy.

He said AFO is therefore not just a scientific report, it is a call to action by all in terms of preparation ahead of the flood season, as early information saves lives, livelihoods, protects infrastructure, and reduces economic losses.

However, the minister acknowledged that forecasts alone are not sufficient if the information does not translate into action at the community level, which he said his Ministry is working with other relevant government agencies to mitigate the impacts of flooding.

Meanwhile, the 2026 AFO presentation had in attendance President Bola Tinubu, represented by the Minister of Environment, Balarabe Lawal.

Others present were the federal ministries: Water Resources and Sanitation; Livestock Development, Environment and Women Affairs.

Others include the Speaker of the House of Representatives, State Governments, Service Chiefs, development partners and the media.

He said: “The 2026 flood forecast presented today provides us with the following general highlights: High Flood Risk: 14,118 communities in 266 Local Government Areas (LGAs) in 33 States and FCT fall within the high flood risk areas. The States are: Abia, Adamawa, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Enugu, Gombe, Imo, Jigawa, Kaduna, Kano, Kebbi, Kogi, Kwara, Lagos, Nasarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Rivers, Sokoto, Taraba, Yobe, Zamfara and the FCT.

“Moderate Flood Risk: 15,597 Communities in 405 LGAs, 35 states except Ekiti State, will experience moderate flood risk.

“Low Flood Risk: Incidences of minimal flood is expected in 923 communities in 77 LGAs in 24 States. The States are Adamawa, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Jigawa, Kaduna, Kano, Kebbi, Kogi, Nasarawa, Niger, Ogun, Ondo, Osun, Oyo, Sokoto, Taraba and Zamfara.

“Flash and Urban Flooding: Flash and urban flooding are projected in major cities in the country due to high rainfall intensities, low attention to management of water facilities including drainage systems, waterways and lack of flood resilience structures. Cities such as Abakaliki, Abeokuta, Abuja, Asaba, Benin City, Birnin–Kebbi, Calabar, Ibadan, Kaduna, Kano, Lagos, Makurdi, Nguru, Onitsha, Oshogbo, Port Harcourt, Sokoto, Warri and Yola, among others are to experience these categories of flood incidence.

“Coastal and Riverine Flooding: Bayelsa, Cross River, Delta, Lagos, Ogun, Rivers and Ondo are to experience coastal flooding due to rise in sea level and tidal surge and this would impact on fishing, wildlife habitation and river navigation.”

He also emphasised that, “As we transition toward a water-based economy, we must recognize that water security is national security. Effective water governance will play a critical role in ensuring food security, supporting economic diversification, and improving the overall well-being of our citizens.”

However, the Minister called on State andand Local Governments including communities to start preparation to mitigate the impacts of the predicted flood.

“I therefore call on state governments, local authorities, disaster management agencies, farmers, and community leaders to carefully study the findings and advisories contained in this document and take the necessary steps to prepare for the coming flood season.

“Furthermore, we are encouraging state governments to integrate flood risk considerations into land-use planning, urban development, and infrastructure design.

“Floodplains must be properly managed, drainage systems must be improved, and communities must be empowered to adapt to changing climate conditions.

“Preparedness remains the most effective strategy for reducing flood risks. When we plan ahead, we protect lives, safeguard infrastructure, and preserve economic gains. Let us commit to building a safer, more resilient and more water-secure nation.”

Earlier, the Director General/Chief Executive Officer, Nigeria Hydrological Services Agency, Umar Ibrahim Mohammed, NiHSA, said the 2026 AFO aligns with the Renewed Hope Agenda in terms of economic diversification, infrastructure development, climate resilience, food security and sustainable water management.

Mohammed also explained that, “The AFO has evolved into an important national planning instrument that provides early scientific prediction of flood risks in the country, evidence-based guide for decision-makers and platform for emergency coordination among stakeholders.

“In producing this year’s forecast, the Agency undertook a comprehensive and data-driven process to provide tailored information for high-risk flood zones and flash floods in urban cities and towns.

“Building on the success achieved through AFO publications, we have upgraded from reporting flood forecast to Flood Risk Intelligence Architecture and from the traditional modelling to Hybrid AI-Integrated Modelling system to improve forecast reliability, reduce false alarms and improve the lead time accuracy.

“Not these alone, the modelling for the 2026 forecast have been conducted in-house. This marks a strategic shift toward enhancing capacity building, manpower development and institutional resilience.”