News

No Light, No Food, No Fuel, Nigerians Suffering Deeply, Yoruba Elders Tell Tinubu

Published

2 years ago

September 5, 2024

Editor

The Yoruba Council of Elders, YCE, Wednesday, told President Ahmed Tinubu, in an unmistakable term, that Nigerians are “suffering deeply” under his administration asking him to meet short term needs of the people before pursuing a long term vision.

The elders’ council through its Secretary General, Chief Oladipo Oyewole, stressed that millions of Nigerians living without food, fuel and light, President Tinubu needs to go back to drawing board and fashion out measures that will bring immediate comfort to the people.

YCE, in a statement, noted that it remains hopeful that Nigeria will have a turnaround.

“However, going by scanty information available on Government pursuits and activities, there is, presently, a lot of suffering in the land.”

“Be that as it may, we of YCE stand on our strong position that the interest of the masses to live a good life should be given full attention.”

“Without regular supply of electricity and with the official announcement of increase in the price of petroleum products (PMS), the current hardship cannot but be increased in daily living by Nigerians”.

“The Federal Government ought to immediately pursue every avenue to make available to our people, the dividends of democracy. Not through distribution of palliatives (that does not seem to filter to the bottom) but by putting in place avenues to enhance proper and quality living through effective governance administration”.

“Every Nigerian should be entitled to enjoy our common resources Indeed, Nigerians are suffering deeply at this time….. no light, no fuel, no food”

“Mr. President should, without delay, revisit his drawing board to attend to the short term needs of Nigerians (the immediate needs of the people) whilst pursuing the long term vision of making Nigeria a better place for growth and for development”.

“As Elders, we demand immediate succour for the people to boost the welfare of Nigerians so that all can live in comfort and harmony.As far as this elders council is concerned, a lot of administrative work by Government is (absolutely) required for the masses of this country to live, stay alive as respectable and responsible people”.

“The Administration of President Bola Ahmed Tinubu should do something quickly to ensure proper steering of its intentions to establish and install better governance in Nigeria. Infact, the Presidency should do all possible to alleviate the suffering of all Nigerians immediately and without delay”.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour 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

2 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

4 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.