News
BREAKING: FG Begins Disbursement Of N200bn Palliative Loans

The Ministry of Industry, Trade and Investment says it has begun disbursement of the Presidential Conditional Grant Scheme to verified applicants after an exhaustive selection process.
The government, through the Bank of Industry, had said it would be disbursing three categories of funding totalling N200bn to support manufacturers and businesses across the country.
In a progress report posted on the trade minister’s official X (formerly Twitter) handle on Tuesday, Doris Aniete stated that an unspecified number of beneficiaries have received their grants, adding that by Friday, April 19, another significant disbursement will be made to a substantial number of verified applicants.
READ ALSO: ‘We Need Solution To Killings’ – Sen Plang Rubbishes ‘Palliatives’ For Plateau Victims
She said, “We are pleased to inform you that the disbursement process for the Presidential Conditional Grant Programme has officially commenced. Some beneficiaries have already received their grants, marking the beginning of our phased disbursement strategy.”
“By Friday, 19th April 2024, a significant disbursement will be made to a substantial number of verified applicants. It is essential to understand that disbursements are ongoing, and not all applicants will receive their grants on this initial date. However, rest assured that all verified applicants will eventually receive their grants in subsequent phases.”
This is coming more than eight months after President Bola Tinubu announced the grant for manufacturers and small businesses and two weeks after applicants were directed to submit their National Identification Numbers as part of the requirements to obtain the grant earmarked to cushion the effect that recent economic reforms have had on businesses in the country.
In the address, the president said he was determined to strengthen the manufacturing sector, increase its capacity to expand, and create good-paying jobs.
READ ALSO: US-based Nigerian Bodybuilder Dies 18 Days After Being Shot By Wife
“We are going to spend N75bn between July 2023 and March 2024. Our objective is to fund 75 enterprises with great potential to kick-start sustainable economic growth, accelerate structural transformation, and improve productivity.
‘’Each of the 75 manufacturing enterprises will be able to access N1bn credit at 9 per cent per annum with a maximum of 60 months repayment for long-term loans and 12 months for working capital,” Tinubu said.
The programme, riddled with multiple delays and a complex registration process, had received several criticisms from prospective beneficiaries.
The President of the Association of Small Business Owners, Femi Egbesola, had decried the slow pace of data collation by the supervising agencies, alleging that genuine businesses were being deliberately discouraged from accessing the loans.
News
OPINION: APC’s Slave-raiding Expeditions

By Lasisi Olagunju
In mid-19th-century Ibadan, military expeditions under Balogun Ibikunle were so successful in slave-catching that by 1859, the city was gripped in the apprehension that it had harvested more slaves than it could control. Professor Bolanle Awe, citing missionary Hinderer’s Half-Yearly Report of Ibadan Station for that year, wrote that the oracle of Oke Badan had to intervene with a decree that Ibadan should desist from going to war for some time because there were “too many strange people in the town.”
People choke on their own success. If you doubt this, read Awe’s ‘Ajele System: A Study of Ibadan Imperialism in the Nineteenth Century’, published in December 1964. Power that eats with ten fingers, that feeds on endless acquisition will, sooner or later, find itself choking on its own gluttony.
At about the same period Ibadan trembled over the spectre of a slave insurrection, similar fears were roiling the American South. In May, 1939, distinguished professor of history, Harvey Wish (4 September, 1909 – 7 March, 1968), published his ‘The Slave Insurrection Panic of 1856’. In 1856, according to Wish, Stewart and Montgomery counties in Tennessee were gripped by panic. The combined slave population in those places stood at about 12,000 against 19,000 whites, but in many localities, the enslaved outnumbered their masters. In the iron districts along the Cumberland and Tennessee Rivers, eight to ten thousand slaves laboured in mines and furnaces under a handful of overseers. A house stuffed with captives soon loses peace especially when the enslaved start demanding rights. The fear that the captives in those American communities might rise became as real as the chains that bound them.
The twin anxieties of Ibadan and Tennessee of the 1850s should speak to today’s All Progressives Congress (APC), which seems to have embarked on its own form of political slave-raiding expeditions, capturing opposition governors, lawmakers, and chieftains in a frenzy of conquest. History teaches that those who live by conquest often reel in pains of indigestion. Ask Afonja of Ilorin. The slaves he encouraged to defect into his army proved his nemesis.
There is that Nigerian comedian who combs his bald head. He is there online feasting on APC’s defection binge. The jester’s conclusion is that by 2027, Nigeria’s epic contest will be between APC and APC, a scenario he says will burst the belly of the overfed. There is a limit to how much the human stomach can hold before it rebels against its own greed. All manner of gluttony, including the political, have their limits and dangers. What Tennessee feared in 1856 did, indeed, happen in some places. Read Harvey Wish.
The Yoruba have sweet street slangs. You’ve heard of curing madness with madness (“wèrè l’a fi nwo wèrè”). You’ve not heard of “ko were, ko were.” Packing all sorts into all sorts; orísirísi. The Yoruba word ‘were’ means madness or the mad themselves. In some contexts ‘were’ also means idiocy/idiot; stupid/stupidity. “Ko were, ko were” is what my village friends call men who go for anything in a skirt. It is also what the rapacious do with their molue: Forty-nine sitting, ninety-nine standing. The bus is “fully full”, yet, the driver and conductor still yell to the street to hop in: “Wolé! Enter! No change!” It is never enough until some cranial vessels yield to bursting.
MORE FROM THE AUTHOR:OPINION: ‘Federal Highways of Horror’
Shakespeare’s Angelo says in ‘Measure for Measure’ that “we must not make a scarecrow of the law, setting it up to fear the birds of prey…” We do that here. All our laws are scared and afraid of power. People break the law and dare the law to say something.
A tributary is a smaller river or stream that flows into a larger river or lake. River Oba is a tributary of the Osun River; it flows into it. The law says you can divorce River Oba, if you like, but you cannot give Oba’s child to Osun, your new husband. The powerful can snatch the wife of the weak, but he cannot snatch the child of the weak. Our constitution expressly forbids lawmakers from hopping from bed to bed, party to party, doing what common prostitutes do. Section 68(1)(g) of the constitution bars senators and Reps from contracting the syphilis of defection. Section 109(1)(g) prescribes the same taboo for lawmakers at the state level. Those two sections say if you insist on courting leprosy, you must be prepared to live in a leper colony, alone.
Our constitution says that a legislator who strays from the banner that bore him to victory must surrender his seat.
That law is dead here even when the exception to the rule is not present. The exception, the law says, is that defection is allowed only when there is a division within the legislator’s party or the party has merged with another. There is no division, there is no merger, yet lawmakers after lawmakers have changed parties like pants without consequences.
When is a democracy dead? It is dead when opposition sells itself to power. It is dead when law is dead, or whenever it is helpless; when rule of men replaces the rule of law; when government of men overthrows government of laws. Rule of men is a personal rule; it is what sits on the throne in an unaccountable society; a society in the mouth of dogs.
Aristotle wrote that “It is more proper that law should govern than any one of the citizens.” American professor of Law, Paul Gowder, in the winter of 2018 wrote ‘Resisting the Rule of Men’. Gowder contrasts “the rule of men” to “the rule of law.” He says “I will say that we have ‘the rule of men’ or ‘personal rule’ when those who wield the power of the state are not obliged to give reasons to those over whom that power is being wielded—from the standpoint of the ruled, the rulers may simply act on their brute desires.” Is that not what politicians do when, with impunity, they cross the road and dash their husbands’ children to their more powerful, wealthy lover across the street? Yet, they say this is a democracy.
MORE FROM THE AUTHOR:OPINION Generals, Marabouts And Boko Haram
“Democracy—What Is It?” Theodore M. Hart in a 1948 edition of The Georgia Review asked as he threw the question at a class of veterans. He got 32 answers. The last of the answers, he says, is the “farthest thing from a definition that could well be imagined.” This is it: “The right to defy a ruler, the right to believe in the right, the right to read the truth, the right to speak the truth, the sky free of destruction, the water free of danger, the trees, the earth, the house I live in, my friends and relatives, the school I go to, the church I attend – that’s Democracy.” It is a mouthful. Before that definition, there have been shorter ones that we won’t like to teach our kids here. One of them says ‘Democracy’ is “that no man should have more power than another.” Another says it is “a government in which the source of authority (political) must be and remain in the people and not in the ruler.” The opposite holds sway here. Ruling party politicians are the law; it is into their maximum ocean that all rivers must empty their waters.
Politicians, governors and lawmakers of all tendencies are massing into one party, the ruling party, like the forces of Julius Caesar whose feet are already in the Rubicon. There is also the perception that the judiciary is collapsing (or has collapsed) its structures into the ruling party.
It is futile as it is dangerous, self-destructive and self-destructing to seek to have a Kabiyesi presidency, a democracy without opposition. French philosopher, Montesquieu, in his Esprit des Lois, published in I748, wrote: “There would be an end of everything if one man or one body, whether of princes, nobles, or people exercised these three powers: that of making the laws, of executing the public resolutions, and of judging the cases of individuals.”
William Shakespeare in ‘Measure for Measure’ warns that possessing great power tempts one toward tyranny.
Shakespeare’s character, Isabella, tells power-drunk Angelo, deputy to the Duke of Vienna:
“O! it is excellent
READ ALSO:OPINION: Every democracy ‘Murders Itself’
To have a giant’s strength; but it is tyrannous
To use it like a giant.”
Now, what is the value and essence of a presidential power that cannot crush, enslave or imprison governors? Where is the value?
In George Orwell’s novel, ‘1984’ we are shown that the party’s omnipotence is not freedom but imprisonment. The story teller asks humanity to accept that the pursuit of total power, total control over thought, over history, and reality, traps power and the power wielder in perpetual manipulation.
But power is powerful; it never listens to reason. Ikem Osodi, Chinua Achebe’s radical character says in ‘Anthills of the Savannah’ that “The prime failure of rulers is to forget that they are human.” Are rulers really human? In Yoruba history and belief, they are ‘alase’ (executive) deputy of the gods. Before Achebe there was Lord Acton who famously said that “Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.” Someone said power, when unrestrained, imprisons its possessor in illusion.
It is not the fault of power that it extends and distends and stretches itself thin. It is because the world seductively craves the king’s dominance. So, let us not blame power; we should blame the people as they query the worth of freedom that bears no food. Because literature is life, it is there in Fyodor Dostoevsky’s ‘The Brothers Karamazov’. There, we read in The Grand Inquisitor’s monologue, a story within a story: “For who can rule men if not he who holds their conscience and their bread in his hands?” The Inquisitor informs the Lord that humanity had “taken the sword of Caesar, and in taking it, of course, have rejected Thee and followed him.” They will always follow Caesar because he alone has bread to distribute from north to south.
The devil is not a liar; if he is a liar, he won’t say the truth. And what is the truth? It is in the Inquisitor’s mouth, it is that seeing freedom and bread walking together is inconceivable; that no science will give the people bread “so long as they remain free.” Governors, senators, Reps – all have surrendered to the bread and butter of power. Automatic tickets, automatic victory at the polls, cheap victory over the people. What power is saying in silence is said loudly by Dostoevsky’s Inquisitor: “In the end, they will lay their freedom at our feet and say to us, ‘Make us your slaves, but feed us.’”
News
JUST IN: NLC Gives FG Four Weeks To Resolve ASUU Crisis

The Nigeria Labour Congress has resolved to issue a four-week ultimatum to the Federal Government should it fail to conclude negotiations with all tertiary institutions-based unions.
The NLC also condemned the no-work-no-pay policy introduced by the government as a form of sanction to members of the Academic Staff Union of Universities for daring to embark on a nationwide strike.
The president of the NLC, Joe Ajaero made this known in an ongoing interactive session with labour correspondents in Abuja.
The interactive session followed the meeting between the NLC and leaders of tertiary institutions’ based unions at the NLC headquarters in Abuja.
READ ALSO:JUST IN: NLC Begins Meeting With ASUU, Other Unions Over Strike
“We have decided to give the federal government four weeks to conclude all negotiations in this sector. They have started talks with ASUU but the problem in this sector goes beyond ASUU.
“That is why we are extending this to four weeks. If after four weeks this negotiation is not concluded, the organs of the NEC will meet and take a nationwide action that all workers in the country, all unions in the country will be involved so that we get to the root of all this.
“ The era of signing agreements, negotiations and threatening the unions involved, that era has come to an end.
“The policy, the so-called policy of no work, no pay, will henceforth be no pay, no work. You can’t benefit from an action you instigated. We have discovered that most, 90% of strike actions in this country are caused by failure to obey agreements,” Ajaero said.
READ ALSO:ASUU Declares Two-week Strike, Orders Members To Down Tools On Monday
The Nigerian higher education system has been faced with chronic instability, the latest leading to the closure of universities nationwide due to the ongoing strike by ASUU.
Recall that ASUU National President Professor Chris Piwuna announced the strike at a press briefing at the University of Abuja on Sunday, following the expiry of a 14-day ultimatum issued to the government on September 28. The union cited unresolved issues relating to staff welfare, infrastructure, salary arrears, and the implementation of the 2009 ASUU-FGN agreement.
Negotiations in recent weeks failed to avert industrial action. Education Minister Tunji Alausa said two weeks ago that talks had reached a final phase, noting the government had released N50bn for earned academic allowances and allocated N150bn in the 2025 budget for a needs assessment to be disbursed in three instalments. However, ASUU rejected these measures as insufficient.
The union is demanding full implementation of the 2009 agreement, release of three-and-a-half months of withheld salaries, sustainable funding for universities, protection against victimisation, payment of outstanding promotion and salary arrears, and release of withheld deductions for cooperatives and union contributions.
READ ALSO:Israel, Hamas Trade Blame After Strikes Kill 13 In Gaza
The NLC emphasised its full solidarity with ASUU and other tertiary education unions, calling for robust participation from all union leaders.
It also highlighted the principle of a converse stance, “No Pay, No Work”, urging the government to honour collective agreements and respect the rights of workers.
The emergency meeting is expected to chart the next steps for industrial action and explore strategies to safeguard the welfare of university staff, as well as the quality and continuity of public tertiary education in Nigeria.
News
JUST IN: NLC Begins Meeting With ASUU, Other Unions Over Strike

The Nigeria Labour Congress has commenced a meeting with the leadership of the Academic Staff Union of Universities, Senior Staff Association of Nigerian Universities, Colleges of Education Academic Staff Union, Academic Staff Union of Polytechnics, Senior Staff Association of Nigerian Polytechnics among others over the ongoing strike in universities and other concerns raised by workers in tertiary institutions nationwide.
The meeting is currently holding at the NLC national headquarters in Abuja.
Recall that the NLC in a letter invited all union leaders across various tertiary institutions of learning nationwide to a meeting to find lasting solutions to issues stemmed from failed negotiations with the Federal Government.
Nigerian higher education system has been faced with chronic instability, the latest leading to closure of universities nationwide due to the ongoing strike by ASUU.
READ ALSO:JUST IN: NLC Defies Edo Assembly Resolution, Inaugurates Factional Caretaker Committee
Recall that ASUU National President Professor Chris Piwuna announced the strike at a press briefing at the University of Abuja on Sunday, following the expiry of a 14-day ultimatum issued to the government on September 28. The union cited unresolved issues relating to staff welfare, infrastructure, salary arrears, and the implementation of the 2009 ASUU-FGN agreement.
Negotiations in recent weeks failed to avert industrial action. Education Minister Tunji Alausa said two weeks ago that talks had reached a final phase, noting the government had released N50bn for earned academic allowances and allocated N150bn in the 2025 budget for a needs assessment to be disbursed in three instalments. However, ASUU rejected these measures as insufficient.
The union is demanding full implementation of the 2009 agreement, release of three-and-a-half months of withheld salaries, sustainable funding for universities, protection against victimisation, payment of outstanding promotion and salary arrears, and release of withheld deductions for cooperatives and union contributions.
READ ALSO:NLC Turns May Day Into Protest March For Fubara In Rivers
The NLC emphasised its full solidarity with ASUU and other tertiary education unions, calling for robust participation from all union leaders. It also highlighted the principle of a converse stance, “No Pay, No Work”, urging the government to honour collective agreements and respect the rights of workers.
The emergency meeting is expected to chart the next steps for industrial action and explore strategies to safeguard the welfare of university staff, as well as the quality and continuity of public tertiary education in Nigeria.
- News4 days ago
Tragedy In The Sky As Pilot Dies Mid-air
- News5 days ago
Coup Prophecy: It’s False Spirit -Mahdi Shehu Tells Primate Ayodele
- Politics4 days ago
Why Wike Is Always Attacking Peter Obi — Obidient Movement
- News5 days ago
Lagos Assembly Moves To Establish State-owned Railway Corporation
- News3 days ago
Brigadier-General, Other Officers Detained Over Alleged Coup Plot To Overthrow President Tinubu
- News3 days ago
Clemency: CSOs Carpet Presidency Over Comment On Ken Saro-Wiwa
- News4 days ago
PSC Promotes Over 400 Officers, Appoints New DIG For North-East
- News4 days ago
Drama As Kwara Housewife Faints In Court After Husband Insists On Divorce
- Politics4 days ago
JUST IN: Rivers Cancels N134bn Secretariat Contract, Demands N20bn Refund
- News4 days ago
PHOTOS: Obi Meets Commonwealth Chief In London, Urges Youth Empowerment