CAC, SMEDAN Launch Free Registration Drive for 250,000 MSMEs

The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have launched a nationwide drive to provide free business registration for 250,000 Micro, Small and Medium Enterprises (MSMEs).   The free business name registration drive is designed to strengthen Nigeria’s MSME ecosystem by promoting formalization and reducing barriers to growth, in line with the Federal Government’s Renewed Hope vision. The initiative was announced in Abuja on Friday, September 26, during the signing of a Memorandum of Understanding (MoU) between the two agencies. Formalization has long been a challenge for many small businesses, with cost, bureaucracy, and lack of awareness keeping millions in the informal sector. This often denies them access to finance, markets, and government support. The new CAC–SMEDAN scheme removes these barriers by covering the cost of registration and linking beneficiaries directly to SMEDAN’s MSME database. Through this database, registered businesses will gain access to aftercare services and opportunities such as grants, capacity-building programmes, technical support, and market linkages. CAC Registrar-General Hussaini Ishaq Magaji, SAN, emphasized that the free registration drive is aimed at breaking barriers that keep many businesses informal by removing the cost of registration and helping entrepreneurs access growth opportunities. SMEDAN Director-General Dr. Charles Odii added that formalization is the gateway to support, noting that registered businesses will benefit from continuous aftercare such as grants, training, and market access. Together, they highlighted that the initiative represents a major investment in Nigeria’s MSME ecosystem, with CAC foregoing about ₦3 billion in fees, while SMEDAN provides the support system to ensure businesses not only register but also thrive. They agreed that this collaboration gives practical meaning to the Federal Government’s Renewed Hope agenda by lowering barriers and creating an enabling environment for entrepreneurs.

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President Tinubu Condemns Recent Tragic Attacks, Vows Justice and Protection for All Nigerians

FULL SPEECH: President Tinubu’s 65th Independence Day Address to Nigerians

  Fellow Nigerians, Today marks the 65th anniversary of our great nation’s Independence. As we reflect on the significance of this day and our journey of nationhood since October 1, 1960, when our founding fathers accepted the instruments of self-government from colonial rule, let us remember their sacrifice, devotion, and grand dream of a strong, prosperous, and united Nigeria that will lead Africa and be the beacon of light to the rest of the world. 2. Our founding heroes and heroines—Herbert Macaulay, Dr Nnamdi Azikiwe, Sir Abubakar Tafawa Balewa, Chief Obafemi Awolowo, Sir Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Ladoke Akintola, Michael Okpara, Aminu Kano, Funmilayo Ransome-Kuti, and other nationalists—believed it was Nigeria’s manifest destiny to lead the entire black race as the largest black nation on earth. 3. For decades, the promise of our Independence has been tested by profound social, economic, and political challenges, and we have survived. While we may not have achieved all the lofty dreams of our forebearers, we have not strayed too far from them. In 65 years since our Independence, we have made tremendous progress in economic growth, social cohesion, and physical development. Our economy has experienced significant growth since 1960. 4. Although it is much easier for those whose vocation is to focus solely on what ought to be, we must recognise and celebrate our significant progress. Nigerians today have access to better education and healthcare than in 1960. At Independence, Nigeria had 120 secondary schools with a student population of about 130,000. Available data indicate that, as of 2024, there were more than 23,000 secondary schools in our country. At Independence, we had only the University of Ibadan and Yaba College of Technology as the two tertiary institutions in Nigeria. By the end of last year, there were 274 universities, 183 Polytechnics, and 236 Colleges of Education in Nigeria, comprising Federal, State, and private institutions. We have experienced a significant surge in growth across every sector of our national life since Independence – in healthcare, infrastructure, financial services, manufacturing, telecommunications, information technology, aviation and defence, among others. 5. Our country has experienced both the good and the bad times in its 65 years of nationhood, as is normal for every nation and its people. We fought a bitter and avoidable civil war, experienced military dictatorships, and lived through major political crises. In all these, we weathered every storm and overcame every challenge with courage, grit, and uncommon determination. While our system and ties that bind us are sometimes stretched by insidious forces opposed to our values and ways of life, we continue to strive to build a more perfect union where every Nigerian can find better accommodation and find purpose and fulfilment. 6. Fellow Compatriots, this is the third time I will address you on our independence anniversary since I assumed office as your President on May 29, 2023. In the last 28 months of my administration, like our founding fathers and leaders who came before me, I have committed myself irrevocably to the unfinished nation-building business. 7. Upon assuming office, our administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and misalignment that had impaired real growth. As a new administration, we faced a simple choice: continue business as usual and watch our nation drift, or embark on a courageous, fundamental reform path. We chose the path of reform. We chose the path of tomorrow over the comfort of today. Less than three years later, the seeds of those difficult but necessary decisions are bearing fruit. 8. In resetting our country for sustainable growth, we ended the corrupt fuel subsidies and multiple foreign exchange rates that created massive incentives for a rentier economy, benefiting only a tiny minority. At the same time, the masses received little or nothing from our Commonwealth. Our administration has redirected the economy towards a more inclusive path, channelling money to fund education, healthcare, national security, agriculture, and critical economic infrastructure, such as roads, power, broadband, and social investment programmes. These initiatives will generally improve Nigerians’ quality of life. As a result of the tough decisions we made, the Federal and State governments, including Local Governments, now have more resources to take care of the people at the lower level of the ladder, to address our development challenges. 9. Fellow Nigerians, we are racing against time. We must build the roads we need, repair the ones that have become decrepit, and construct the schools our children will attend and the hospitals that will care for our people. We have to plan for the generations that will come after us. We do not have enough electricity to power our industries and homes today, or the resources to repair our deteriorating roads, build seaports, railroads, and international airports comparable to the best in the world, because we failed to make the necessary investments decades ago. Our administration is setting things right. 10. I am pleased to report that we have finally turned the corner. The worst is over, I say. Yesterday’s pains are giving way to relief. I salute your endurance, support, and understanding. I will continue to work for you and justify the confidence you reposed in me to steer the ship of our nation to a safe harbour. 11. Under our leadership, our economy is recovering fast, and the reforms we started over two years ago are delivering tangible results. The second quarter 2025 Gross Domestic Product grew by 4.23%—Nigeria’s fastest pace in four years—and outpaced the 3.4 per cent projected by the International Monetary Fund. Inflation declined to 20.12% in August 2025, the lowest level in three years. The administration is working diligently to boost agricultural production and ensure food security, reducing food costs. 12. In the last two years of our administration, we have achieved 12 remarkable economic milestones as a result of the implementation of our sound fiscal and monetary policies: i. We have attained a record-breaking increase in non-oil revenue, achieving the 2025 target by August with over…

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Presidency Refutes Kwankwaso’s Claims of Northern Marginalisation

FG Cancels Independence Anniversary Parade

The Federal Government has cancelled the Independence Anniversary parade, previously scheduled to mark the 65th Independence on Wednesday, 1st October. The cancellation, according to a statement issued by the Director, Information & Public Relations, Mr. Segun Imohiosen, on Monday, is in no way a diminishment of the significance of this milestone anniversary, and the government remains committed to celebrating Nigeria’s 65th year of independence with dignity and enthusiasm. “Accordingly, all other programmes slated for the Independence Anniversary will remain in effect. “The Government deeply regrets any inconvenience caused by this cancellation. “The Federal Government appreciates the understanding, support and cooperation of all Nigerians, members of the diplomatic community, and invited guests, and urges Nigerians to support the reforms of President Bola Ahmed Tinubu, GCFR in making Nigeria a greater nation,” the statement read.

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MRA Calls for Robust Access to Information to Address Nigeria’s Environmental Crises

Media Rights Agenda (MRA) on Monday launched a ground breaking report highlighting the risks posed by an inadequate national response to environmental and climate challenges to ecosystems, public health, livelihoods, and national stability and called for a more robust implementation of frameworks for access to environmental information in Nigeria to mitigate their negative impact. Warning that the cost of environmental and climate challenges in lost lives, displaced communities, and billions of dollars in damage to facilities and infrastructure is already too high, the organization stressed that without timely access to reliable environmental information, citizens and other members of the public cannot effectively participate in environmental governance, protect their rights, and proffer realistic solutions to address the climate and environmental crises. In a statement issued in Lagos announcing the launch of the report to mark this year’s International Day for Universal Access to Information (IDUAI), MRA’s Programme Officer, Ms Ayomide Eweje, said: “Although Nigeria has a layered framework of constitutional guarantees, statutory provisions, regulatory instruments, and international obligations that can serve as a solid foundation for transparency and accountability in an effective national response, the country remains challenged by the lack of willingness on the part of public institutions and officials to disclose information as well as the poor capacity of citizens to demand such information and use it.” According to her, “Critical to a national response framework is the right of citizens to access timely and reliable environmental information, without which their effective participation in environmental governance and the protection of their rights will not be possible. However, ensuring access to environmental information is not just about compliance with the law alone; it is also about empowering people to protect their health, livelihoods, and environment; hold duty bearers accountable; and build a future where development does not come at the expense of sustainability.” Titled: “Access to Environmental Information and the Cost of Ignorance in Nigeria,” the report highlights Nigeria’s severe environmental challenges, including deforestation, flooding, desertification, oil pollution in the Niger Delta, poor disposal of plastic waste, and worsening air and water quality, which it identifies as problems that threaten ecosystems, public health, livelihoods, and national stability. It argues that access to environmental information is not a luxury but a necessity that is central to environmental democracy, public participation, and government accountability. Examining Nigeria’s constitutional guarantees, statutory and regulatory frameworks and international obligations, the report identifies both opportunities and gaps in ensuring effective citizens’ access to environmental information and participation in environmental governance. It examines laws such as the Freedom of Information Act, Climate Change Act, Environmental Impact Assessment Act, and regulations under the National Environmental Standards and Regulations Enforcement Agency (NESREA) among others, while also situating Nigeria’s commitments within the African Charter on Human and Peoples’ Rights, the Revised African Convention on the Conservation of Nature and Natural Resources (Maputo Convention), ECOWAS Environmental Policy, and global agreements such as the Paris Agreement and the UN Convention on Biological Diversity. The report underscores the potential of digital technology, including Artificial Intelligence (AI), to improve environmental monitoring, early warning systems, and public access to real-time data. However, it warns that weak enforcement of laws, including lack of proactive disclosure of relevant information by public institutions and other actors, and the exclusion of marginalized communities, particularly rural women, from decision-making, threaten Nigeria’s ability to manage its environmental crisis. Ms Eweje said: “The cost of environmental devastation in Nigeria is already staggering, running into billions of dollars annually in destruction of public and private property, facilities and infrastructure; the displacement of millions of citizens; and the loss of thousands of lives. Without meaningful and effective access to environmental information, citizens cannot protect their health and livelihoods, or hold decision-makers accountable. This report underscores the urgency of transparency and public participation in environmental governance.” She therefore called on Federal and State Governments to ensure access to environmental information for citizens, particularly in the digital era, where data availability and transparency are crucial to accountability, saying that in order to achieve this, authorities must strengthen and enforce laws that mandate proactive disclosure of environmental information in user-friendly and digital formats; and create centralised, open-access data portals where citizens can easily obtain updates on issues such as pollution levels, deforestation rates, water quality, and climate risks. Ms Eweje argued that it is equally important to address structural inequalities, including the challenges faced by rural communities and women that are often marginalised in both digital access and environmental decision-making, stressing that “Governments must, therefore, invest in broadband expansion, solar-powered digital hubs, and community-based ICT centres to bridge the rural digital divide.” She called on civil society organizations and the media to engage in the monitoring and reporting of environmental hazards and collaborate with other stakeholders, including academic and research institutions, the private sector and technology companies to ensure that environmental information is not only available but also accessible, comprehensible, and actionable.

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Osun NULGE Alleges FG Mismanaged LG Allocations, Accuses Top Officials of Aiding Sacked APC Council Executives

Osogbo, Nigeria — The Osun State chapter of the Nigeria Union of Local Government Employees (NULGE) has accused top officials of the Federal Government of illegally diverting local government allocations to unauthorized accounts operated by sacked local council chairmen and councillors aligned with the All Progressives Congress (APC). Speaking during a press conference in Osogbo on Sunday, the Osun NULGE president, Dr. Nathaniel Ogungbangbe, named the Minister of Finance, the Accountant-General of the Federation, and the Attorney-General of the Federation as key actors in what he described as an “unprecedented abuse of power.” “We have it on good authority that these three principal officers of the Federal Government have released Osun State’s local government allocations for March to September 2025 into illegal bank accounts opened by court-sacked APC chairmen and councillors,” Ogungbangbe alleged. According to him, the accounts in question were opened without due process in United Bank for Africa (UBA) and are not officially recognized by the state or local government authorities. NULGE Warns of Judicial Disrespect Dr. Ogungbangbe emphasized that the matter is still before the courts, noting that a Federal High Court had on May 15, 2025, ordered all parties to maintain the status quo — an order acknowledged by the Central Bank of Nigeria (CBN) in court filings. “If these federal officers cannot respect our Constitution, they should at least respect the authority of the judiciary, especially since this issue is still pending before the Supreme Court,” he said. The NULGE president insisted that new local government executives have already been elected, replacing the APC officials previously sacked by both the Federal High Court and the Court of Appeal. He further warned the Federal Government not to undermine democratic governance or use the situation as a pretext for a state of emergency in Osun. “We urge citizens to stay calm and not allow enemies of the state to provoke unrest. The ultimate goal of these actions is to create anarchy and force a state of emergency so they can hijack our resources,” he warned.

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Remi Tinubu Rakes in N20bn for National Library

Nigeria’s First Lady Oluremi Tinubu has raised over N20 billion for the National Library project in Abuja. Earlier this month, the First Lady appealed to well-wishers to convert birthday gifts and greetings into donations for the completion of the National Library project. The First Lady, a former lawmaker who turned 65 on September 21, 2025, in a video message said she would dedicate the day to God and a cause she described as close to her heart, rather than host a lavish celebration. The fund, according to her, is coordinated by the Federal Ministry of Education under the “Oluremi at 65 Education Fund”. According to the First Lady, the completion of the National Library will be a great birthday gift for her. Addressing State House correspondents at the Presidential Villa, the First Lady said she was a member of the Senate Committee on Education while she was in the senate, adding that the education ministry was not able to build the National Library. She said as a young person growing up, library played a great role in shaping her person and she was not happy that the National Library which was initiated during the Shehu Shagari administration was still uncompleted up till today. Speaking on the background of the criticism trailing her efforts, the First Lady said Nigerians should emulate the words of the former American President who said citizens should not think of what the country can do for them, but what they can do for your country. She said so far, Nigerians have donated over N20 billion Naira and the more is still coming in.

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FAAC Distributes N2.225tn August Revenue to FG, States, and LGs — Up 11.2% from July

FAAC Distributes N2.225tn August Revenue to FG, States, and LGs — Up 11.2% from July

ABUJA | September 18, 2025 — The Federation Account Allocation Committee (FAAC) has announced the distribution of N2.225 trillion in revenue to the Federal Government, states, and Local Government Councils for August 2025 — marking an 11.2% increase from July’s N2.001 trillion. This was disclosed in a statement released Wednesday by Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation, following the monthly FAAC meeting held in Abuja. According to the statement, the August revenue allocation includes: The PUNCH reports that this is the third consecutive month of increased allocations, a trend driven largely by higher VAT and other non-oil revenue sources. Revenue Breakdown From the N1.478 trillion statutory revenue: From the N672.903 billion VAT revenue: From the N32.338 billion EMTL: From the N41.284 billion Exchange Difference: Gross Revenue and Deductions Total gross revenue for August stood at N3.635 trillion, down from N3.757 trillion in July. Deductions for collection costs amounted to N124.839 billion, while N1.285 trillion was set aside for transfers, interventions, refunds, and savings. The report noted a decline in statutory gross revenue from N3.070 trillion in July to N2.838 trillion in August, a decrease of N231.913 billion. However, VAT collections rose to N722.619 billion, an increase of N34.679 billion from the previous month. While oil and gas royalties, VAT, and Common External Tariff (CET) levies recorded growth, revenues from Petroleum Profit Tax, Import Duty, Companies Income Tax, Excise Duty, and EMTL saw declines. Earlier this month, President Bola Tinubu announced that Nigeria had achieved its 2025 revenue target in August, attributing the milestone to increased earnings from the non-oil sector.

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Online Voter Registration Hits 4.44Million

The Independent National Electoral Commission (INEC) says it has recorded more than 4.44 million online registrations and 509,929 physical registrations in the ongoing nationwide Continuous Voter Registration (CVR). INEC National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun, disclosed this in a statement on Monday in Abuja. He said that as of Sunday, September 14, a total of 4,445,505 Nigerians had pre-registered online within four weeks of the exercise, which began on August 18. According to the breakdown, 48.17 percent (2,141,294) of those who registered online are male, while 51.83 percent (2,304,211) are female. By age group, young people between 18 and 34 years make up the majority with 2,924,643 registrants (65.79 percent), while 1,112,344 (25.02 percent) are students. Olumekun added that of the 509,929 physical registrations completed as of September 12, 45.06 percent (229,758) were male and 54.94 percent (280,171) were female. Similarly, 74.15 percent (378,132) of the registrants were aged 18 to 34, and 38.54 percent (196,529) were students. He noted that the detailed distribution of registrations by state, gender, age, occupation, and disability status has been uploaded to INEC’s website and official platforms for public access. INEC also announced that online pre-registration in the Federal Capital Territory (FCT) ended on Monday, September 15. Physical registration will continue at designated venues for the next two weeks, before being devolved to all 62 wards in the FCT from September 29 to October 8.

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