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.
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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.
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“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
Kingsley Aigbangbee: A Name Built On Grassroots Impact

In communities across Edo State, development is often spoken of in promises, big words waiting for action. But every so often, a name emerges that shifts the conversation from expectations to evidence. In IGUOSHODIN–NEBUDIN In Ovia North East Local Government Area that name is Kingsley Aibangbee… a man whose work has quietly reshaped everyday life. His approach is rooted in a timeless philosophy once echoed by an American president: “Ask not what your country can do for you, ask what you can do for your country.”
For Aibangbee, this message is more than a quote, it is a blueprint.
September 2023 marked a turning point for Orenolomi Secondary School. Once a tired structure with fading walls and empty classrooms, the school had become a symbol of abandonment. But that changed when Aibangbee stepped in. With no fanfare, no political stage, he reconstructed the school completely, restoring not just a building, but the future of hundreds of children.
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Yet, for him, the work wasn’t finished. A school is only as strong as the people who keep it running. So he employed four teachers—paid directly from his own pocket—who remain on his payroll to this day. In an era where many wait for government intervention, his actions stood out as a reminder of what one individual can choose to do for the many.
But Aibangbee’s impact didn’t stop in the classroom.
Every student received free uniforms and writing materials a simple gesture that removed financial barriers for families and drew many children back to school. In homes where survival often competes with education, this support made all the difference.
Beyond education, the heartbeat of the community, its economy also felt his touch. A modern market now stands proudly in IGUOSHODIN–NEBUDI, built through his effort. What used to be makeshift stalls and risky trading corners has transformed into a structured, safer space where local traders can earn their living with dignity.
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Across the community, the message is resounding, Kingsley Aibangbee isn’t waiting for government rescue, political promises, or applause. His story reflects a quiet revolution, one built on service, sacrifice, and an unwavering belief that true leadership begins where the people stand.
In every corner of IGUOSHODIN–NEBUDIN, in every classroom, every uniform, every stall in the new market… his actions echo the challenge of that famous American quote. Not what your “country can do for you but what you can do for your country”!!!!
News
Edo Expresses Commitment To Ease Of Doing Business

The Edo State government has expressed commitment to providing the enabling environment for businesses to thrive in the state.
The state Deputy Governor, Hon. Dennis Idahosa, gave the assurance after a closed door meeting with representatives of Pan Ocean Oil Corporation Nigeria Limited, NewCross Exploration and Production Limited in Benin.
The deputy governor, who served as chairman of the state boundary committee, noted that this is in line with the Renewed Hope Agenda of President Bola Tinubu and the SHINE Agenda of Governor Monday Okpebholo.
Idahosa, who said “it is part of the state’s strategy to create employment opportunities,” pointed out that it is in line with Governor Monday Okpebholo economic drive to turn the state into an investor friendly one.
READ ALSO:2027: I Will Resign If Tinubu Loses In Edo – Governor Okpebholo
He also emphasised meed to resolve the lingering disputes, saying the boundary committee is proactively looking into and settling areas of concern regarding the issue.
“All communities that are in the boundary line between Edo and Delta States where there are communal disputes, we want to assure them that we are doing everything within our power, using diplomatic and democratic means to make sure this is resolved amicably,” he assured.
The deputy governor noted that under the SHINE Agenda of this administration, much has been done in the area of infrastructural development.
READ ALSO:Okpebholo’s One Year Performance Outshines Some governors’ 8 Yrs, Says Idahosa
“This has made it possible to access roads to major companies, communities, and, ensuring the security of life and properties across the state by investing aggressively in security,” he stated.
On the outcome of the robust interface with the oil workers, Idahosa said through deliberations at the meeting, both parties successfully forged a headway.
He said this has resorted to the invitation of the Edo State Boundary Committee for an on the spot inspection of operation sites in Orhionmwon Local Government Area of the state.
He called on investors and multinational companies operating in Edo State to go about their businesses with ease as the Okpebholo led administration is investment friendly.
News
Imansuangbon Donates To Benin IDPs, Charges Wealthy Nigerians To Advance Humanity

Politician and philanthropist, Barr. Kenneth Imansuangbon on Wednesday charged political office holders and well-to-do Nigerians to use their position and wealth to advance humanity.
Imansuangbon gave the charge when he visited Internally Displaced Persons (IDPs)housed by Home for the Needy Foundation, Benin, where he donated food items, drinks, cash, toiletries, etc to the children and women as part of his Christmas gifts to them.
Recall that last month the IDPs lamented hardship caused by the economic situation of the country, saying due to the economic hardship, a single meal where they used to cook 15 bags of rice has been reduced to 5.
Rising to the occasion, the philanthropist said his love for humanity and in accordance with the teaching of the Holy Book drove him to give to the needy annually, adding that he has been doing it for the past 20 years.

READ ALSO:Tragedy For Borno IDPs As Fire Guts 200 Houses
Imansuangbon, who expressed displeasure over the current happenings in the country, said: “If the country is really working we will not find ourselves in this kind of situation. This is an embarrassment to the giant of Africa.”
“If we teach ourselves love and humanity, then the country will be safer and better for everyone
“We are just a tool in the hand of God Almighty. Anywhere God has placed you, use it to advance humanity. You are in government? Get it at the back of your mind that you are not the first person to occupy the position, and you are not going to be the last.
“The way our country is today, I am not satisfied, this goes beyond Mr. President or the Senators, it is about realising that We all need to save our country. If the country is really working, we will not find ourselves in this kind of situation. This is an embarrassment to the giant of Africa.”

READ ALSO:Imansuangbon Donates Food Items IDP In Edo, Sues For Honour For Humanitarian Workers
Imansuangbon, who is the proprietor of Pacesetter School, Abuja, expressed gratitude to students, staff members and parents of the school, saying the donations were from them.
“I’m here in Benin with the half of their donation. The children donated ₦1.5m cash, and I am here with the money. You can see these 70 bags of rice, 100 bags of noodles, bags of cane drinks, water, toiletry, etc, are from them. I am grateful to them for doing this for the past 20 years.”
He, therefore, appealed to Governor Monday Okpehbolo to extend the hand of fellowship to the IDPs particularly on Christmas day.
Responding, coordinator of the camp, Pastor Solomon Folorunsho, while appreciating the donor, said: “He does this regularly not because he is a politician but because of his love for humanity. He is one of the few that comes here anytime, not an electioneering period alone, but anytime we are in need. He has been showing his love for the children for years, so I thank him.”
Folorunsho used the occasion to appeal to well-to-do Nigerians to come and assist the IDPs, stressing that until Imansuangbon came they (IDPs) had nothing to “eat for today.”
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