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Tinubu Says Nigerians Should Not Be Poor and Promises Support for Small Businesses
President Bola Tinubu has stressed that Nigeria has no excuse for poverty, reaffirming his administration’s drive to boost Micro, Small, and Medium Enterprises (MSMEs) across the nation.
Speaking at the 8th Expanded National MSME Clinic in Calabar through Vice President Kashim Shettima, Tinubu pointed out that the country is blessed with vast human talent and abundant natural resources. Also, he noted that Cross River’s fertile soil gives it the ability to cultivate nearly any crop, adding that the state stands to benefit greatly from the Federal Government’s plan to plant 100 million oil palm trees, the highest in the country.
Tinubu explained that since taking office, his government has been working to ensure easy access to capital while supporting businesses that can shape the future of jobs, skills, and industries. He praised the Cross River Government for setting up a modern communication and technology hub for MSMEs, describing it as a step in line with global digital trends.
According to him, the hub will provide entrepreneurs with affordable high-speed internet, modern tools, and collaborative spaces to learn, innovate, and reach wider markets. From the market woman in Ikom to the furniture maker in Calabar and the fashion designer in Ogoja, Ugep, or Odukpani, Tinubu said digital access opens endless opportunities.
Finally, he emphasized that the Renewed Hope Agenda is not just about giving loans or grants, but about building a complete ecosystem that offers infrastructure and nurtures creativity so that small businesses can flourish.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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