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SEEDC Accuses Govs Of Shunning CBN Programme

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The Programme Director of South East Entrepreneurship Development Centre (SEEDC), Dr Osita Aniemeka has accused the South East governors of distancing their administration from entrepreneurship programme initiated by the Central Bank of Nigeria (CBN).
Aniemeka said this at the weekend when he signed a Memorandum of Understanding with Iwuanyanwu Foundation at Owerri.
He noted that the governors had refused to see the importance of the CBN initiative, adding that the development and sustenance of small medium scale enterprises remains the only way out of unemployment.
He commended the facilitator of Iwuanyanwu Foundation, Chief Emmanuel Iwuanyanwu, for giving employment over the years, to several Nigerians. “You are again making history today, because we are not just going to reach other areas through your office, but succour will come the way of the unemployed soonest”, Aniemeka said.
Welcoming the CBN team earlier, Chief Iwuanyanwu expressed sadness at the way some nationals held in Libya, were reportedly sold like goats or mindlessly killed like rams. But reacting to claims by CBN, the Imo State Government said it was very prepared to partner with anybody, group of persons or establishments towards the reduction of youth unemployment in the state.
The Chief Press Secretary, CPS, to Imo State Governor, Mr. Samuel Onwuemeodo, disclosed government’s position on the allegation levelled by CBN.
When reminded that the CBN could not have been playing politics with such a serious matter, the CPS said “it depends on where they are coming from”. Continuing, the CPS affirmed that government would unarguably jump at any such move by CBN.
In a related development, Enugu State Commissioner for Youths and Sports, Mr. Joseph Udedi, has carpeted the CBN for including the state as one lacking in youths empowerment programmes.
Abia State Government said it keyed maximally into all the youth empowerment programme initiated by the Central Bank of Nigeria, CBN, saying that it has at present enrolled over 30,000 youths in the various programmes when others are enrolling 3000.
The Commissioner for Finance, Mr. Obinna Oriaku said the state was doing well in the CBN youth empowerment programmes and other Federal Government initiated empowerment programmes. “We are up there when it comes to embracing CBN’s youth empowerment programmes”, Oriaku said.
Also reacting to the allegation, the Chief Press Secretary to Ebonyi State Governor, Sir Emmanuel Uzor stated that the State had already keyed into the agricultural policies of the Federal Government through the Central Bank of Nigeria, CBN, by participating in the Anchor Borrowers programme of the Bank. That was why former President Olusegun Obasanjo’s Zero Hunger Team visited the state. “We have made request for dams and irrigation which is part of the South East Entrepreneurship Development Centre programme to create 10,000 jobs through agriculture.”
“Again, the ITF is training 300 youths in Enugu State on three months vocation after which the state government will give them starter packs to take off such as in wielding and other skills, just to mention a few of the programes”

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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