News

Sea Port, New Cities To Emerge In S’East Soon – Iwuanyanwu

Published

3 years ago

August 7, 2023

The President General of Ohaneze Ndigbo Worldwide, Chief Emmanuel Iwuanyanwu, has disclosed that efforts were on by the apex Igbo socio-cultural organization and the necessary stakeholders to build sea port in the South East.

Chief Iwuanyanwu who made the disclosure in a chat with our Correspondent Monday evening, said that South East deserved to have a functional sea port considering the heavy investment and engagement of the people in trade and commerce.

He expressed optimism that efforts to the engage the necessary stakeholders concerning the proposal would be successful.

“Very soon we will build new cities in Igbo land. We also expect a sea port. We want Igbo land to be attractive, and our children to be proud of Igbo land before I die.”

Chief Iwuanyanwu who expressed concern over the frustrations among Igbo youths, said Ohanaeze was committed to providing the needed environment to rekindle their hope.

He strongly appealed to Igbo youths to remain peaceful and sustain their enterprising spirit and ingenuity which had made them survive over the years even under harsh conditions.

“We want to give hope and future to our youths so that even after our death they will be proud of us and Igbo land.

” Time has come for us to change the narrative and leave an enduring legacy for the youths.

” We must industrialise our land and stop waiting for anybody. Now is the time”, Iwuanyanwu said

Chief Iwuanyanwu further hinted that the moribund Nkalagu cement industry might be coming back on stream before the end of the year.

He said that the committee he earlier inaugurated with that mandate had made significant progress.

According to him, with the abundance of lime stone which is the major raw material for cement production in the South East, the zone can supply the whole of Africa with cement.

“We have lime stone in abundance in the South East. Nkalagu cement industry will soon be revived. We can supply the whole of Africa with cement.”

Chief Iwuanyanwu decried the absence of any functional oil refinery or gas industry in the South East despite the huge oil deposit in the zone.

“In Igbo land, we are sitting on top of the largest gas reserve in Africa. They need to be developed to provide job opportunities for our youths .”

Chief Iwuanyanwu hinted of plans for massive investment in the agric sector reminiscent of the agric revolution by the late Premiere of Eastern Region, Dr Michael Okpara.

“With agriculture alone, we don’t even need oil anymore. By the time we start our agric revolution, Igbo land will become the pride of Africa”.

Chief Iwuanyanwu further hinted of the plans of Ohanaeze to revive Igbo culture and make it a major export product in the country, disclosing that already a committee headed by the Obi of Onitsha,HRM Igwe Alfred Achebe has been inaugurated to facilitate that.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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

4 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

6 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.