News
5th WenA Conference: Women Entrepreneurs, SMEs Keeping Nigeria’s Economy Alive — Presidency
• Many women still lack access to information, capital, and markets — Aisha Babangida
• FG pledges reforms to boost women-owned businesses, inclusive growth
The Presidency has lauded the invaluable contributions of Nigerian women and Small and Medium Enterprises (SMEs) to national development, describing them as the lifeblood of the country’s economy.
Speaking at the 5th Women Enterprise Alliance (WenA) Conference held in Abuja, the Senior Special Assistant to the President on Entrepreneurship Development and Innovation in the Digital Economy, Ms. Chayla Shagaya, reaffirmed the Federal Government’s commitment to strengthening the ecosystem for women entrepreneurs through targeted reforms that reduce the cost of doing business, expand access to finance, and promote gender-responsive policies for inclusive economic growth.
Themed “Policy Reforms and Resilience Strategies for Small and Medium Enterprises in a New Economy,” the conference brought together key policymakers, development partners, financiers, and entrepreneurs from across Nigeria.
Women: The Quiet Economists of Every Household
Ms Shagaya noted that under President Bola Ahmed Tinubu’s Renewed Hope Agenda, women-led SMEs remain “the quiet economists of every household” and a central pillar of Nigeria’s economic resilience.
“Across Nigeria, women entrepreneurs are doing the hard work of keeping our economy alive — innovating, employing, and solving local problems with global relevance. About 70 per cent of public submissions on SME policy reforms came from women,” she stated.
Shagaya highlighted ongoing government reforms such as the Presidential Power Initiative, digital financing pathways, and tax harmonisation frameworks aimed at lowering operational costs for SMEs, most of which are women-led.
She further revealed partnerships between the Bank of Industry and other financial institutions aimed at improving access to affordable credit for female entrepreneurs, who often face challenges related to collateral.
“You no longer need to bring your grandmother’s land title to secure a loan,” she added humorously.
According to her, a digital feedback call recently hosted by her office received over 100,000 submissions, with more than 70 per cent coming from women business owners.
“This is no longer a time for policy on paper; it is time for policy that reaches people where they are — especially the women at the heart of our enterprise sector,” she affirmed.
Aisha Babangida: From Policy Talk to Practical Tools
In her address, Her Excellency Aisha Babangida, Founder of WenA, described the conference as a platform to accelerate the translation of national and global policy commitments into measurable outcomes for women-led enterprises.
She underscored the need for continuous advocacy, lamenting that many women still lack access to information, capital, and markets, and are often constrained by rigid and complex regulatory frameworks.
“When I founded WenA, I thought passion was enough. But it wasn’t. The paperwork, the tax codes, the licensing rules — these were heavy even for those of us with networks. Imagine what it’s like for a woman starting a micro-business in a rural town with little support,” she said.
Aisha Babangida commended UN Women Nigeria for its Affirmative Action Procurement Reform Initiative in Kaduna State, which has introduced female representation on procurement boards, waived registration fees, and reserved a portion of public contracts for women-led enterprises.
“Inclusive procurement is not a concession to women; it is an economic strategy,” she emphasised.
She announced that WenA will soon launch a National Certification Programme to help women entrepreneurs qualify for public contracts through enhanced documentation, compliance, and capacity building.
“Our goal is not to highlight problems but to unlock solutions. Today, we move from policy talk to practical tools — from exclusion to empowerment,” Babangida declared.
UN Women, AfDB Push for Care-Responsive Policies
During the pre-conference policy workshop, Ms Aisha Bendo-Alkali of UN Women Nigeria highlighted the urgent need to address unpaid care work, a significant barrier limiting women’s participation in the economy.
Supported by the African Development Bank (AfDB) and Women Entrepreneurs Finance Initiative (We-Fi), the initiative promotes care-responsive policies and the integration of women’s economic empowerment into national planning.
“Reducing the burden of unpaid care is not just a gender equality goal — it is essential to unlocking national productivity,” she said, calling for the scale-up of inclusive procurement policies nationwide.
FIRS Announces ₦100 Million Tax Exemption Threshold for SMEs
In his goodwill address, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, unveiled key fiscal reforms designed to ease tax burdens on small businesses, especially those run by women.
He announced that, effective January 2026, businesses earning not more than ₦100 million in annual turnover will be exempted from corporate income tax — a measure he described as “a deliberate strategy to incentivise growth, not penalise enterprise.”
“Taxation should support the formalisation and scaling of small businesses — not stifle them,” he stated.
Dr Adedeji also revealed the introduction of a Unified Tax Identification Number (UTIN), integrated across the Corporate Affairs Commission (CAC), FIRS, and other agencies to simplify compliance for SMEs.
He added that the FIRS is transitioning to fully digital tax filing and correspondence systems, eliminating paper-based bureaucracy.
Building a Resilient and Inclusive Economy
The 5th WenA Conference attracted participation from senior government officials, development agencies, private sector leaders, and entrepreneurs — all reaffirming the central role of women in driving inclusive growth, job creation, and national resilience
.
In her closing remarks, Aisha Babangida emphasised that real reform must be measured by tangible impact, not policy statements.
“A real reform is when a woman in Kaduna, Aba, or Makurdi feels the change in her daily hustle — when she can register her business in minutes, access capital without fear, and supply to the government without discrimination,” she said.
The event, supported by FIRS, FCMB, and UN Women, concluded with a collective pledge to advance a gender-inclusive economic framework that leaves no woman behind.
“Empowering women entrepreneurs is not charity,” Ms Shagaya asserted. “It is a national strategy — and the path to building a resilient and inclusive Nigerian economy.”
Education
Unique Open University receives Operational License from NUC
It was a moment of joy in the country’s education landscape as the coast is now clear for commencement of academic activities at the Unique Open University in Lagos, one of the universities recently approved by the Nigeria Universities Commission (NUC).
This follows the receipt of operational license by the founder and chancellor of the university, Prof. Chris Imumolen a renowned philanthropist and youth advocate.
The vital document was handed over to him at the NUC secretariat in Abuja by the Commission’s Executive Secretary, Prof. Yusufu Abdullahi Ribadu.
Prof. Ribadu commended the university for starting with the number of facilities it has put in place.
In the Prof. Imumolen’s delegation were his team and members of the university’s Governing Council Members.
While receiving the license, Prof. Imumolen expressed gratitude to the NUC for prompt action in inspecting the university project site and carrying other due diligence processes that led to approval of provisional license.
He assured that the project will redefine the face of education in Nigeria and in the West African sub-region as it is poised to equip students with hands-on skills to become employable and creators of employment.
Meanwhile, the inauguration, dedication and official opening of the university will take place on Tuesday, 4th November 2025 at its campus, Iyana Isashi Bus stop, Along Lagos Badagry Express Road, Ojo Lagos.
Themed: “Empowering Generations through Knowledge, Innovation, and Opportunity”, Prof. Imumolen will use the opportunity to unveil his team and communicate the vision of the university.
News
PINL to Empower 2,000 Women Across TNP Host Communities
Over 2,000 women and girls across 215 host communities along the Eastern Corridor of the Trans Niger Pipeline (TNP) are set to benefit from a comprehensive entrepreneurship and financial literacy program initiated by Pipeline Infrastructure Nigeria Limited (PINL).
The initiative—The PINL Women Entrepreneurs & Empowerment Programme—aims to equip women with practical business skills, financial education, and enterprise support to help them build sustainable livelihoods within their communities.
Dr. Akpos Mezeh, General Manager, Community Relations and Stakeholder Engagement at PINL, announced the development during the company’s monthly stakeholders’ meeting with representatives from host communities in Rivers, Imo, and Abia States.
“We have completed data capturing in Port Harcourt for host communities across Abia, Imo, and Rivers States, and in Yenagoa for Bayelsa communities. Verification is now underway, and beneficiaries will soon be contacted,” Mezeh stated.
“Through this initiative, 2,000 women will receive empowerment before the end of the year—marking a major step in PINL’s commitment to gender inclusion and local enterprise development.”
*Education, Youth Empowerment, and Environmental Commitment*
Dr. Mezeh also revealed that PINL’s youth scholarship programme for host communities is being finalized, with disbursement of funds expected in October. New entries from underrepresented communities, he said, have been added to ensure broader participation and equitable benefit.
On environmental and social initiatives, Mezeh confirmed that PINL is collaborating with relevant government agencies and environmental experts to conduct joint assessments—identifying key areas for remediation and social investment across the corridor.
“Our goal is not only to sustain safe operations but to ensure that our footprint in these communities leaves lasting social and environmental value,” he said.
*Security and Operational Integrity*
Speaking on security, Mezeh highlighted the company’s enhanced collaboration with local stakeholders, security agencies, and community surveillance teams—measures that have helped maintain zero infractions and uninterrupted operations on the Trans Niger Pipeline.
“We have strengthened logistics, communication, and field intelligence-sharing to ensure issues are logged, tracked, and resolved promptly,” he said.
“These efforts have resulted in sustained peace across host communities, improved oil and gas output, and the lowest crude losses in over sixteen years.”
Mezeh added that all verified pending payments raised by dedicated community leaders have been fully reconciled and processed, reinforcing PINL’s commitment to transparency and accountability.
He further disclosed that, in recent weeks, PINL teams—working closely with community intelligence networks—foiled multiple attempts at pipeline vandalism in Bonny, Eteo (Eleme), Ikata, and Ogbo.
*Expanding Community Coverage and National Impact*
Following stakeholder recommendations, Mezeh announced the inclusion of Biseni in Bayelsa State and other deserving communities in the company’s surveillance and development engagements. Additional recommendations for the inclusion of more communities hosting critical oil and gas assets have also been submitted to the relevant authorities.
“Beyond our mandate, PINL has voluntarily taken responsibility for providing security for oil and gas assets in close proximity to the TNP—pro bono—as part of our broader contribution to national energy security,” Mezeh added.
*Sustaining Peace, Building Prosperity*
Dr. Mezeh reaffirmed PINL’s long-term vision of building trust-based partnerships with its host communities through sustainable programs in education, youth employment, healthcare, and environmental protection.
“We are not just a pipeline protection company,” he emphasized. “We are a development partner—committed to transforming lives, promoting peace, and building enduring prosperity through purposeful collaboration.”
He thanked host communities and security agencies for their continued cooperation and urged youths and women to remain committed to preserving peace and stability in the region.
*About PINL*
Pipeline Infrastructure Nigeria Limited (PINL) is a leading energy infrastructure and asset protection company dedicated to ensuring the security, integrity, and sustainability of vital national pipelines. Through continuous stakeholder engagement and community-led initiatives, PINL fosters long-term partnerships that promote peace, inclusivity, and shared growth across Nigeria’s oil and gas corridor.
News
Strengthening Media–Security Synergy for Safer Communities
HYACINTH Nwafor
The growing partnership between the media and security agencies took a positive step forward on Monday as the CEO and Editor-in-Chief of RazorNews Group, Odita Sunday, led a delegation on a courtesy visit to the Commissioner of Police, Lagos State Command, CP Olohundare Jimoh Moshood, at the Command Headquarters, Ikeja.
Speaking during the visit, Odita Sunday described the engagement as “more than a courtesy call,” noting that it was a gesture of respect and appreciation for the Commissioner’s exemplary leadership and commitment to innovative, people-centred policing in Lagos State.
“Since assuming office, CP Jimoh has redefined policing in Lagos through discipline, intelligence-led operations, and community engagement,” Odita said. “Under his leadership, we have witnessed a measurable reduction in violent crimes, improved police-community relations, and renewed public confidence in the Nigeria Police Force.”
He commended the Commissioner for recognizing the media as a strategic ally in the fight against crime, citing his open-door policy and constructive relationship with journalists as a model for transparent policing.
“At RazorNews, we believe that security and the media are twin pillars of social stability, the police safeguard lives and property, while the media enlighten and hold society accountable. When these two sectors work together in trust, society becomes safer and more informed,” Odita added.
The RazorNews boss also lauded the Inspector-General of Police (IGP) for his leadership and support to Commands nationwide, which he said has strengthened operational efficiency and fostered a culture of accountability within the Force.
“We salute the CP’s professionalism and the IGP’s vision. RazorNews remains committed to fair, factual, and peace-driven reportage that builds public trust and strengthens collaboration between the media and law enforcement,” he affirmed.
In his response, CP Olohundare Jimoh Moshood thanked Odita and his team for their visit and praised his professionalism and dedication to balanced journalism.
“You have been a voice of truth, direct, constructive, and objective. Even your criticisms are purposeful. The media is a mirror through which we assess ourselves, and that makes this partnership invaluable,” the CP stated.
He emphasized that the media plays a vital role in shaping public perception of security efforts, noting that collaboration between journalists and law enforcement is central to building mutual trust and maintaining peace in Lagos.
Highlighting key achievements since he assumed office, CP Jimoh credited the IGP’s support for enabling innovations such as the establishment of the Coast Guard Force, a special initiative to enhance maritime security across Lagos and adjoining coastal communities.
“With the IGP’s backing, we expanded our patrol teams from five to ten, improving both coastal and inland security coordination. His leadership has been instrumental to every milestone we’ve achieved,” he said.
The CP further listed notable successes under his administration, including the dismantling of criminal networks, arrest of high-profile armed robbers and land grabbers, and the peaceful conduct of recent political activities in Lagos.
“Despite early fears, Lagos recorded one of its most peaceful election seasons in recent history. No lives lost, no property destroyed, that’s the result of coordinated strategy, police discipline, and responsible media reportage,” he noted.
He also revealed that the Command has expanded its tactical squads from 23 to 33 units, leading to a significant decline in kidnapping, container hijacking, and other organized crimes.
“We appreciate the cooperation of the media. Your balanced coverage inspires our officers to give their best. With continued partnership, Lagos will remain a beacon of safety and progress,” CP Jimoh concluded.
The event, witnessed by notable media and security figures including Sir Emma Nnadozie, Crime Editor of Vanguard Newspaper; Hyacinth Nwafor, Publisher of Hybrid News; and ACP Idowu Jaiyeoba, underscored the growing synergy between journalists and law enforcement.
It reaffirmed that sustainable peace and development thrive where information, transparency, and collaboration are prioritized.
As Nigeria advances in its democratic and security evolution, the partnership between visionary leaders like CP Jimoh Moshood, journalists like Odita Sunday, and the pragmatic leadership of the IGP continues to prove that when truth and duty align, society moves forward.
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