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N’Delta Youth Group Empowers 1,600 SMEs, Creates 4,922 Jobs

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The Convener of the Niger Delta Micro Small and Enterprises Summit, Mr Moses Siasia, has claimed that the Niger Delta Youth Professionals (NDYP) has empowered more than 1,600 Micro, Small and Medium Scale Businesses (SMEs) in the region with N500,000 grant each to support and increase the capacities of such outfits.
He explained that the organisation created over 4,922 direct and indirect jobs via the beneficiaries of the grant and trained more than 2,304 business owners on various entrepreneurship skills with the NDYP on its own empowering more than 200 business owners.
Siasia, who made this known at the 3rd edition of the summit held last Saturday in Ikot Ekpene, said the gesture was with support from the Central Bank of Nigeria (CBN), the Nigerian Content Development and Monitoring Board (NCDMB) and the Niger Delta Development Commission (NDDC).
He said the Nigerian Young Professionals Forum (NYPF), a larger body incorporating the NDYP has also through its advocacy increased its membership to over two million and spread around 15 countries of the world while the summit was also held to communicate the International Youth Day.
With focus on “Building the Culture of Entrepreneurship Compositeness Beyond” and earlier summits held in Port Harcourt and Asaba, Siasia, who is also the chairman of the NYPF and the Niger Delta Young Professionals (NDYP), said the initiative was meant to change the narrative by helping and empowering young people in the region to achieve their dreams by engaging in productive activities.
“We want our young people who are entrepreneurs to understand that the future is theirs, and that the future is entrepreneurship. The world today is diverting from hydrocarbon. We are talking about Energy Transition, Climate Change. These are where the world interests are driving to, so we must conform to modern realities. This is why we are doing this to reshape the entrepreneurial culture in the region.”
He regretted that youths in the region have been marginalized over the decades with deprivation while the region has nothing to show after decades of contributing marginally to the growth of the economy.
He cautioned young people to consider exploring the Social Media to promote their brands and businesses, rather than jumping on it as a tool to abuse political office holders.
Siasia said in his quest to develop and expand his business he has been to over 60 countries while his staff strength has risen to over 480 staff and tasked youths in the region with business dreams not to be deterred by initial challenges associated with new and growing enterprises.
While calling for a change of business mind set for the youths of the region, the convener tasked governments in the region to develop a framework that would guide and support aspiring and intelligent business minds in the area.
The guest speaker on the occasion, Ebimoboere Enyiekpemi, whose lecture centred on Entrepreneur Beyond Oil, stressed the need for a return to Agriculture due to increasing problems and change in climatic conditions.
Enyiekpemi, who is also the CEO of Afritropic Farming and Agro Services Ltd, shared tge story of her humble beginning and urged the youth in the region to consider venturing into agriculture and tap from the benefits.
She maintained that although farming resources remain available in Nigeria agro business would require passion, self-investment, consistency, resilience, focus and intellectual knowledge to thrive.
In a goodwill message, Interim Administrator of the Presidential Amnesty Programme (PAP), Barry Ndiomu charged youths to “rise above the entitlement mentality”, to set the stage for success.
“If you rise above entitlement mentality, the sky will be too small to be your starting point. Everybody stands a chance,” he said, adding that the youths must begin to think out of the box and come up with innovative ideas.
Ndiomu, who was represented by PAP’s Head of Reintegration, Musa Wilfred, advised the youths to heighten awareness, and take advantage of the current situation.
Also in their separate goodwill messages, the Chief Executives of the NDDC, NCDMB and Providus Bank harped on the need for increased engagement and redirection of focus from government handouts to entrepreneurship development among the youths of the region.
Technical sessions at the summit focused on SMEs and entrepreneurship while special recognition and grants were given to young entrepreneurs who have brazed the trail in business development in the region.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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