Connect with us

Business

Market Women’s Protest Closes Benin-Lagos Highway

Published

on

Protesters on Monday
blocked the Uselu/Ugbowo section of the Benin-Lagos highway over plans by Egor Local Government Area of Edo State to relocate traders.
The Tide source reports that the protesters, under the aegis of Uselu Market Women Association, were resisting the directive to move to lock-up stores built by the council.
The women, displaying placards, blocked both sides of the highway, preventing motorists from continuing with their trips.
Some of the women said the N1.2 million charged for the stalls was too expensive for them, especially given the type of businesses most of them do.
The women said their problem was compounded by the action of the local council, which commenced the removal of their make shift shops on Monday.
One of the market women,Mrs Celena Okon, described the council’s action “as an act of wickedness”, in view of the current economic situation in the country.
“What am I selling that you will force me to pay over a million naira for a single store? I believe they should consider the worth of our businesses individually.
“Where do you expect a woman who sells only crayfish or tomatoes to get such a ridiculous amount of money to pay, when in actual fact most are in dire need of additional funds to grow their businesses,” Okon said.
Another market woman, Mrs Imade Osifo, who described the situation as pathetic, said their decision to barricade the highway was for the world to know what they were going through.
She said, “They want to force us to go into the stores and we have told them that we cannot afford the stores; that is why they are destroying our businesses.”
Mrs Osifo also alleged that the council was “insensitive to them”, especially against the backdrop of the different fees levied to allow them do business in the market.
“When the plan to construct these lock-up stores came up, they (Council) told us that the prices will be pocket friendly, especially to some of us involved in petty trading.
“But what do we have now, N1.2 million for a store is a price that most of us cannot afford; there is no way many of us can afford that now.
“Even if the country’s economy was okay, how do you expect a woman who sells only salt and Maggi to generate such,” Osifo asked.
All efforts to get authorities of Egor local council to comment on the situation proved abortive, as the Council’s Head of Service was said to be unavailable.
When contacted on telephone, the Council’s spokesman, Mrs Prisca Ebvadiaro, said she was not in the position to comment on the matter.
“I cannot speak on this; there is a committee that has been set up and as such, I cannot speak on it,” Ebvadiaro said.
Our source reports that as at the time of filing the report, several motorists were stranded on the highway while other commuters have resorted to trekking to get to their destination.
Our source also reports that the women resisted attempts by the police to get them off the road.

Continue Reading

Business

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

Published

on

Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
Continue Reading

Business

President Tinubu Approves Extension Ban On Raw Shea Nut Export

Published

on

President Bola Ahmed Tinubu has approved the extension of the ban on the export of raw shea nuts for a further one year, from February 26, 2026, to February 25, 2027.
Bayo Onanuga, Special Adviser to the President on (Information and Strategy) who disclosed this on Wednesday, February 25, 2026 stressed the Federal Government remains committed to policies that promote inclusive growth, local manufacturing, and position Nigeria as a competitive participant in global agricultural value chains.
The decision underscores the administration’s commitment to advancing industrial development, strengthening domestic value addition, and supporting the objectives of the Renewed Hope Agenda.
The ban aims to deepen processing capacity within Nigeria, enhance livelihoods in shea-producing communities, and promote the growth of Nigerian exports anchored on value-added products.
To further these objectives, President Tinubu has authorised the two Ministers of the Federal Ministry of Industry, Trade and Investment, and the Presidential Food Security Coordination Unit (PFSCU), to coordinate the implementation of a unified, evidence-based national framework that aligns industrialisation, trade, and investment priorities across the shea nut value chain.
He also approved the adoption of an export framework established by the Nigerian Commodity Exchange (NCX) and the withdrawal of all waivers allowing the direct export of raw shea nuts.
The President directed that any excess supply of raw shea nuts should be exported exclusively through the NCX framework, in accordance with the approved guidelines.
By: Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.

Published

on

A Non – Governmental Organisation (NGO), Mercy Corps, has handed over a newly constructed Veterinary Clinic and a rehabilitated structure in Danmusa Local Government Area (LGA), to the Katsina State Government.
The project, which included a 20,000-litre capacity upgraded solar-powered borehole, was executed under the European Union-funded Conflict Prevention, Crisis Response and Resilience (CPCRR) project.
The initiative is being implemented in collaboration with the International Organisation for Migration (IOM), and the Centre for Democracy and Development (CDD).
Speaking during the handover ceremony, Wednesday, the Commissioner for Livestock and Animal Husbandry in Kastina State, Prof Ahmed Bakori, commended Mercy Corps and its partners on such commitment to support peace and development in the state.
While praising the state government for restoring peace and stability, the said project would improve livestock services and the welfare of farmers who depend on animal health services for livelihood.
Bakori buttressed that improved security in the state had enabled development partners to implement meaningful interventions in communities affected earlier.
He said, “Recently, Gov. Dikko Radda was in South Africa to explore strategies for boosting livestock production and strengthening the livestock value chain in line with the government’s economic development agenda.”
In his remarks, Mercy Corps Senior Programme Manager, Mr Philip Ikita, expressed satisfaction on the timely and successful implementation of the project in Danmusa.
He stated that although Mercy Corps began its operations in the state in 2023, security challenges, had initially prevented the organisation from accessing some areas, including Danmusa.
Ikita said that the project would improve access to essential services, strengthen livelihoods and contribute to sustaining peace in the community.
“The project involves the upgrade of a veterinary clinic from a two room structure into a fully functional six office facility, embarked on to strengthen livestock healthcare services in the area.
“The programme builds on the success of the Conflict Mitigation and Community Reconciliation (CMCR) project and seeks to promote long-term peace and stability in Northwest Nigeria.
“It works across 48 communities in Zamfara and Katsina States, addressing the root causes of conflict, enhancing community resilience, and strengthening socio-economic recovery,” he said.
Also, the District Head of Danmusa, Ahmadu Abubakar, expressed appreciation to Mercy Corps and its partners for the intervention, describing the projects as timely and beneficial.
Earlier, the Chairman of Danmusa LGA, Ibrahim Na-Mama, represented by his Deputy, Musa Muhammad, expressed appreciation for the projects, assuring that the council would support efforts to safeguard them.
Continue Reading

Trending