News

Nigerians Suffering, Bring Succour Quickly To People, Orji Kalu Tells Tinubu

Published

2 years ago

September 24, 2024

Editor

The Chairman, Senate Committee on Privatization, Senator Orji Uzor Kalu, APC, North has raised the alarm that the people of Nigeria are suffering, there is hardship in the land and has called on President Bola Tinubu as a matter of urgency, provide succour for the people.

Answering questions from Journalists on Tuesday, the former Abia State governor said, “The Hardship is true, people are suffering. We have hundreds of thousands of workers, we have about 10,000 workers in our group that we run.

“We need to pay those salaries. If I fly at any time, buying fuel and maintaining the private plane takes almost $10,000, $20,000.

“Even in my village, everywhere I go, companies everybody, there is hardship, but I appeal to the federal government, the President to know how he can bring succour quickly to the people of Nigeria.

“He has to do something not yesterday, but today. He must do something like yesterday because the condition of the Nigerian people is not too good. I believe that no president in the world elected by people would want his people to suffer.

“I called our senior members in the group and said when I have to make my sacrifices it is not for the federal government, it is for the good of the company.

“So I said fly no more, fly commercial and saved the money for restructuring our workers both in Nigeria and West Africa so that everybody must feed in this time of hardship.

“We feel that the reformation going on now has not happened in the last 60 years, no president dared to do what President Tinubu is doing now. It is about courage. The man is very courageous. Possibly if I’m president what he is doing now to reform the economy, I won’t do it, I might come slowly.

” I’m not in the economic team, I have not seen the President or anyone to ask but this is what (return of subsidy) the president has to sit with his economic team to discuss, but the decisions he has taken is what no president in the 60 years of the republic, no president has been able to take that decision.”

On last Saturday’s Edo State Gubernatorial election, the former Senate Whip said, “The national chairman, the national secretary, and members of the NWC, and including the senators, they have worked so hard for Edo and I believe that whoever works hard for election deserves to win.

“The election is about numbers, when you have the numbers on the ground, you win. When you don’t have the numbers you don’t win. INEC has declared the winner and they (Okpebholo) deserve the win, because it is the most organised party, in terms of togetherness, there is no political party.”

On his journey outside the country and rumour about his death, Kalu said, “Listen, there was nothing wrong with me. I took permission from the senate president about seven days before the senate closed I went for a little study in one of the universities that I paid for myself not that anyone paid for me. I went to do some courses for two months so I used the holiday period to do courses on democracy and the economy.

“I did not die. I didn’t go for any medical check-up, but if people say I have died, we give thanks to God.”

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

3 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

5 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.