Niger Delta
Edo Strategises To Access N220bn SMEs Fund
The Edo State Gov
ernment is putting some measures in place to enable it to access the N220 billion Small and Medium Enterprises (SMEs) fund instituted by the Federal Government.
The Commissioner for Finance, Mr Osagie Inegbedion, made the disclosure in an interview with newsmen in Benin, recently.
Inegbedion said that states across the federation found it difficult accessing the fund because of stringent conditions attached to it.
He, however, said the state government was taking measures to access the fund, pointing out that a state was entitled to a maximum of N2 billion.
He added that part of the conditions was that states should act as a stop-gap between the bank administering the fund and the SMEs operators.
The commissioner said the conditions put the liability on states.
“A lot of measures have to be put in place by state governments before the funds could be accessed.
“The Edo government has commenced preliminary discussions with relevant authorities on how to access the fund as we have started looking at the provisions and requirements.’’
The commissioner, however, stressed the need for state governments to get the list of genuine and eligible SME operators to prevent the fund from going into wrong hands.
Niger Delta
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Niger Delta
Monarch Lauds Fubara Over Speedy Execution Of Projects In Rivers
A traditional ruler in Rivers State, His Royal Highness, Epelle D. E. Asukokpong has commended the Rivers State Governor, Sir Siminalayi Fubara, for ensuring speedy execution of ongoing projects across the state.
Asuk-okpong, who is the Paramount Ruler of Egwe-Asukokpong in Asarama District, in Andoni Local Government Area lauded the Governor during his inspection tour with his Cabinet on a section of Andoni road linking Oyorokoto fishing community in the area, yesterday.
The Paramount Ruler who expressed satisfaction with the pace of work on the road, commended the Governor for the seriousness he attached to the project.
According to him, “there is a serious motivation on the part of the company handling project.
“With what am seeing today I can say that the Company has redoubled its effort by 50 percent after the Governor’s inspection of the Road on October 28, 2025.
“I thank God for His intervention in the political impasse that was trying to slow down the pace of development in the State.”
The Traditional Ruler, who doubles as PRO of Asarama Divisional Council of Traditional Rulers and Secretary Asarama Town Council of Traditional Rulers said traditional rulers in his domain would continue to support the efforts of Government at all levels to ensure security and development in the area.
He also appealed to the State Government to intervene in the abandoned Asarama, Engendem, Unyeada Ring Road in the area.
It would be recalled that the Rivers State Governor, Sir Siminalayi Fubara, on October 28, 2025, visited the Andoni Atlantic Ocean shoreline to inspect the 13-kilometre road project currently under construction.
The road, when completed, will provide direct access to the beach and link Oyorokoto — a fishing settlement in — to Ngo, the headquarters of Andoni Local Government Area which has since been linked to mainland Ogoni by the Governor.
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