The Nation Newspaper

Author: The Nation

  • Export Trading Group targets 6,000 jobs with new agribusiness investments

    Export Trading Group targets 6,000 jobs with new agribusiness investments

    The Federal Government yesterday welcomed the renewed multi-million-dollar investment drive of Africa’s agribusiness giant, Export Trading Group (ETG), in Nigeria, with Vice President Kashim Shettima assuring the conglomerate of the administration’s full commitment to securing and supporting its ventures across the country.

    Receiving a delegation from ETG led by its Global Chief Operating Officer, Mr. Niren Murugan, at the State House, Abuja, the Vice President said the company’s expanded investments, expected to generate over 6,000 jobs, reflect growing global confidence in the economic reforms of President Bola Ahmed Tinubu.

    Senator Shettima described ETG’s interests in agro-logistics, fertilizer systems, seed production, industrial processing and other segments of the agricultural value chain as timely and perfectly aligned with the objectives of the Renewed Hope Agenda.

    According to a statement issued by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, “you have been in the country since 2010, but this time around you have decided to play a more active role in Nigeria’s agricultural value chain. This is where the action is.

    “We have the population and abundance of resources for your investments to thrive. All your investment decisions are wonderful”, Shettima said.

    The Vice President commended the conglomerate’s planned Centres of Agro-Excellence and praised ETG’s interventions in seed development, oil processing, fertilizer blending and agricultural extension services.

    He urged the company to maximise the opportunities available across states to boost food production and expand its role in the nation’s agricultural transformation.

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    Earlier, ETG Global COO Murugan said the group’s mission was to reinforce its investment footprint in Nigeria, secure strategic alignment with government, and strengthen collaboration with federal and state actors.

    He disclosed that ETG’s expanded oil processing facility in Sagamu, Ogun State, will begin operations in the second quarter of 2026.

    Murugan also announced proposed investments in fertilizer blending, seed production and integrated agro-logistics, alongside a major collaboration to establish Centres of Agro-Excellence in Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa and Borno States.

    The centres are expected to serve as regional hubs for inputs distribution, mechanisation, storage, and primary processing.

    Cross River State Governor, Senator Bassey Otu, who participated in the meeting, pledged the state’s readiness to partner with ETG to unlock its vast agricultural potential.

    He said sweeping reforms by his administration were already boosting productivity and positioning Cross River as a sub-national economic hub.

    “We can match your vision end-to-end. We have the land, the mineral resources and the enabling environment to make it happen,” Governor Otu assured the delegation.

    He also highlighted opportunities in port development, particularly the Bakassi Deep Seaport and the Calabar Port revival plan.

    Also in attendance were ETG’s Business Manager in Nigeria, Mr. Ogu Goodluck; Senior Business Development Manager, Mr. Bharat Shinde; and the conglomerate’s Chief Financial Officer, Amin Ahmad.

  • Real estate firm raises the alarm over scaring land-grabbing in Ogun community

    Real estate firm raises the alarm over scaring land-grabbing in Ogun community

    • By Olamide Akintunde

    Realty Point Limited has expressed concerns over alleged invasion of its land by persons suspected to be land grabbers, calling on authorities to take steps to protect investors in real estate against increasing threats of encroachment.

    Managing Director, Realty Point Limited, Mr. Debo Adejana said the activities of the alleged land grabbers could escalate into community conflict in Ijere, Obafemi Owode Local Government Area.

    He noted that the property, situated at Pakuro Scheme 1 and covering about 76.15 acres, is the subject of Suit Number AB/489/2025, Realty Point Limited v. Dotun Lamikanra & 4 Ors.

    According to him, the company’s project site has been illegally occupied, in direct violation of a Supreme Court-backed right of title.

    He said: “This is capable of causing serious unrest and a community war. Land grabbers have occupied our site even though we have followed all legal processes”.

    He decried alleged use of some police officers to superintend illegal demolition of the company’s structures, prompting the company to notify law enforcement authorities.

    Amotekun operatives were later dispatched, but work on the land reportedly continues.

    “If both citizens and authorities ignore the law, this could spark a full-scale conflict,” Adejana said.

    The company’s lawyer, Barr Gbenga Eretan, explained that the Court of Appeal has confirmed Realty Point Limited as the rightful owner.

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    He said: “Anyone trespassing or interfering with the land without overturning the judgment is in contempt of court. The law is clear: no one should act outside the ruling of a competent court”.

    A letter dated 27 August 2025, sent to the General Manager of Ogun State Planning and Development Permit Authority, warned that any demolition would be a flagrant violation of court authority and democratic values.

    The letter cited a subsisting interim injunction issued on 28 July 2025 by Chief Judge Honourable Justice M. A. Dipeolu, which restrains all parties, including government agencies, from taking action on the land until the matter is fully resolved.

    Adejana further expressed shock that the land grabbers claimed to have political backing, stressing the need for authorities to enforce the law.

    He said: “We have a clear land tenure system. The site must be vacated immediately to prevent escalation”.

    He called on relevant authorities to respect the rule of law and seek legal avenues to resolve disputes, rather than resorting to illegal actions that could jeopardise public safety and investment.

    He explained that officials from the Office of the Attorney General of Ogun State had advised all sides to maintain the court-ordered status quo, but the opposing party proceeded with covert activities outside this directive.

    He said the company had presented all their title documents to the Attorney General’s representatives, but the persons purporting to have claim on the land have refused to produce documents supporting their own claim to the land.

    He said the company had even returned to the High Court to request peaceful enforcement of the earlier judgment, and another interim order was subsequently granted to maintain peace on the property.

    He said the company was preparing to file Form 48 and Form 49, legal instruments used to initiate contempt proceedings against individuals violating court orders.

    He said: “If the court orders arrests or detention, we will present that order to the police for enforcement”.

    According to him, the land in question had long been allocated to buyers, with beacons properly placed and several structures completed as far back as 2013 and 2014.

    He said upon the first intrusion by the alleged land grabbers, several of the buildings were reportedly pulled down, noting that the affected plots were genuinely and lawfully sold to customers.

    He warned that attempts to forcibly take over the land could have serious consequences for both the firm and the buyers.

  • 13-year-old pupil wins N10m UBA National Essay prize

    13-year-old pupil wins N10m UBA National Essay prize

    UBA Foundation has announced 13-year-old Ebunoluwa Seth Oluwatimilehin of Igando Community Senior High School, Igando,  a suburb of Lagos, as the overall winner of its 15th  National Essay Competition (NEC).

    He clinched the grand prize of N10 million educational grant to be used for his future studies at any African higher institution of his choice.

     Oluwatimilehin made history as the youngest winner in the 15 years of the competition.

    Master Ebunoluwa, a public school student of the school in SS2, also emerged the first male winner in over eight years, as female winners have repeatedly dominated the competition.

    An elated Ebunoluwa, expressed his joy, stating, “I am incredibly grateful and overwhelmed. This competition has shown me that passion and hard work truly pay off.

    It has been an amazing journey that has deepened my love for writing and expressing my ideas.”

    The second-place winner, Njoku-Kelechi Emerald of Christian International High School, Owerri, received N7.5 million educational grant, while the third-place prize of N5 million educational grant was awarded to Bayero, Fatima Auwal of Cornerstone Montessori Schools, Gudu, Abuja.

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    In addition to the monetary grants for the top three winners, all 12 finalists were awarded brand-new laptops and other educational materials to support their academic pursuits.

    The 2025 edition got several thousands of entries, with significant participation extending beyond major cities into rural communities across the country.

    UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who commended the Foundation’s 15-year commitment to the initiative, explained the competition’s strategic role in reviving a culture of reading and writing among youth.

    Emphasising the bank’s broader mission and the significance of the essay topic, he stated, “UBA encourages diversity. Nobody in UBA will ever be judged based on ethnicity, religion, or culture. We see diversity as a strength. In fact, if you get diversity right in Africa, you have gotten the whole world right.”

    Alawuba praised the finalists for exemplifying this principle in their essays and teaching valuable lessons in building a united capacity.

    The Managing Director/CEO, UBA Foundation, Bola Atta, who expressed profound gratitude to all stakeholders, reiterated the importance of education and how it is pivotal to the future of Africa

    “For 15 years, this initiative has been a cornerstone of our commitment to giving back and empowering the youth. We are investing in the academic future of these brilliant minds and, by extension, in the future of our continent. Education remains the most powerful tool to lift our continent, and we are thrilled to see this programme snowballing across Africa,” she stated.

    Speaking on how the top three were picked, Prof.  Asabe Kabir of the Department of the Department of English and Literary Studies, Faculty of Arts, Usmanu Danfodio University (UDUS) described the theme as  relevant to contemporary national realities, adding that it also addresses a central national concern, which is Nigeria’s multicultural need and the need for unity.

    “It aligns with civic and moral education goals by supporting the educational aim that promotes value of tolerance, cooperation, and patriotism,” she said.

    The foundation has a long-standing tradition of philanthropy, with numerous initiatives across Africa aimed at empowering the underprivileged, from educational scholarships and initiatives to healthcare interventions and poverty alleviation programmes.

    UBA Foundation, the CSR arm of the UBA Group, is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of education, environment, economic empowerment and special projects

  • Zuldal Microfinance Bank illegal, says CBN

    Zuldal Microfinance Bank illegal, says CBN

    Central Bank of Nigeria (CBN) has issued a warning to Nigerians to avoid doing business with an entity known as Zuldal Microfinance Bank Limited.

    The apex bank disclosed that the organisation was not licensed to operate as a microfinance bank in the country.

    In a statement issued in Abuja, the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, said the apex bank became aware of reports that the entity, which allegedly operates branches in Lagos, Abuja, Kaduna and Kano, had been claiming to hold a CBN-issued licence to engage in microfinance banking.

    She said the claim was false, stressing that “Zuldal Microfinance Bank Limited is not a licensed microfinance bank and has no authorisation from the Central Bank of Nigeria to operate or carry out any form of banking or microfinance business in Nigeria.”

    Sidi Ali referred to the provisions of Section 2(1) of the Banks and Other Financial Institutions Act (BOFIA) 2020, which clearly states that “no person shall carry on any banking business in Nigeria except it is a company duly incorporated in Nigeria and holds a valid banking licence issued by the CBN.”

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    CBN urged members of the public to disregard any claims of approval or licensing attributed to Zuldal Microfinance Bank Limited and cautioned Nigerians against engaging in financial transactions with the firm.

    According to the statement, “the general public is therefore strongly advised to disregard any claims of licensing or approval by Zuldal Microfinance Bank Limited and to refrain from engaging in any financial transactions with the said entity, as such dealings are undertaken at the individual’s own risk.”

    The apex bank stated that it remains committed to protecting the integrity of the financial system and safeguarding Nigerians from the activities of unregulated and fraudulent operators.

    It added that a full list of all licensed financial institutions in the country can be verified on the CBN’s official website.

  • NB donates cassava processing facility

    NB donates cassava processing facility

    As part of its Corporate Social Responsibility (CSR) initiatives, Nigerian Breweries Plc, Nigeria’s foremost brewing company, has donated a 2-ton-per-day cassava processing facility to the Awo-Omamma community inOwerri, Imo State.

    Managing Director, Nigerian Breweries Plc, Thibaut Boidin, described the project as yet another milestone in the company’s journey toward sustainable development and economic empowerment.

    Boidin disclosed that the cassava processing plant will create multiple direct and indirect employment opportunities for local youth and residents, generate an estimated N500 million in annual revenue and ultimately position Awo-Omamma as a hub for cassava processing.

    He emphasized that the company’s mission extends beyond brewing beverages, and is equally committed to brewing prosperity, hope, and empowerment for the people and the communities it serves.

    “Over the years, through our various Corporate Social Responsibility (CSR) Initiatives, we have consistently made significant and lasting impacts in critical areas such as education, healthcare, access to clean water, security and economic empowerment. Today’s event further demonstrates our unwavering dedication to spreading joy and enabling progress in our host communities”, Boidin added.

    He explained that the facility was developed following a comprehensive needs assessment conducted by the company in collaboration with community stakeholders.

    Boidin added that the 2-ton/day cassava processing facility is designed as a sustainable, revenue-generating project aimed at mitigating the socio-economic challenges and preservinglivelihoods previously supported by its mothballed Awo-Omamma brewery.

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    In his remarks during the commissioning, His Royal Majesty -Eze Dr Val Amanfo, Eze Amanfo VI, Eze V, the traditional ruler of Awo-Omamma Community, expressed gratitude to Nigerian Breweries Plc for its thoughtful contribution to the community.

    “This donation will go a long way to supporting food production, thereby providing jobs for our women and youths as well as encouraging local farmers, etc. It will bring hope to many families and strengthen the bond of friendship between our people and your organisation. As the traditional ruler of this land, I want to assure you that the people of Awo-Omamma Community deeply appreciate this gesture. We recognise your effort, your respect for our community, and your commitment to shared progress. We will continue to support your operations, and together, we shall sustain a peaceful and mutually beneficial relationship”, he said.

    Also speaking during the commissioning ceremony was the Honourable Commissioner for Trade, Commerce and Investment, Imo State, Chief Bar. Rex C Anunobi, who lauded Nigerian Breweries’ long-standing presence in the state and its positive contributions to economic growth, amidst operational challenges.

    Anunobi noted that the establishment of the cassavaprocessing facility reflects the company’s sensitivity to the needs of its host communities and aligns with Imo state government’s economic development agenda.

    “The commissioning of this cassava processing plant willundoubtedly uplift economic income and provide employmentfor the people of Awo-Omamma. The Imo State Governmentdeeply appreciates Nigerian Breweries Plc for this kindgesture, which stands as a shining example for other corporateorganisations to emulate. We assure you of our continuedpartnership and support to ensure this facility operatesoptimally and contributes meaningfully to the prosperity of our people,” he said.

  • FCMB inspires women entrepreneurs

    FCMB inspires women entrepreneurs

    First City Monument Bank (FCMB), through its flagship women-in-business initiative, SheVentures, has reaffirmed its commitment to empowering female entrepreneurs with the successful hosting of the 2025 SheVentures Networking Summit.

    Held recently in Lagos, the event, themed “Engage, Empower & Unwind 2.0: The Power of Balance,” convened hundreds of female entrepreneurs, business leaders, and professionals from diverse industries. The summit focused on how women can pursue ambitious business goals while maintaining the balance necessary for personal and professional well-being.

    The event featured inspiring fireside chats and networking sessions, creating a vibrant atmosphere of learning, sharing, and empowerment.

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    A key highlight was a fireside chat featuring the CEO of Happy Coffee Nigeria, Princess Adeyinka Tekenah, Dr Ella Ezeadilieje, a growth and personal development strategist, and Teni Stuffman, CEO, Lebara Nigeria, who spoke passionately about growth, resilience, and finding purpose while navigating entrepreneurship in today’s dynamic business landscape.

    Speaking at the event, Felicia Obozuwa, Executive Director of Corporate Services and Service Management, noted that the SheVentures platform continues to drive inclusive economic growth by supporting female entrepreneurs with capacity building, mentorship, and zero-interest loans. She said, “At FCMB, we believe that empowering women is not just a social imperative — it is an economic strategy. Through SheVentures, we are building an ecosystem where women can grow businesses sustainably while finding the balance that fuels long-term success.”

    Since its inception, SheVentures has empowered thousands of women across Nigeria with tailored financial support and access to professional mentorship. The 2025 Networking Summit reinforced FCMB’s role as a leading advocate for gender inclusion and women-led enterprise development within Nigeria’s SME ecosystem.

  • Drawbridge joins global group

    Drawbridge joins global group

    Drawbridge CM, a full service communication agency, has announced its partnership with iNT Agencies, a global network of full-service agencies.

    Lead Consultant, Drawbridge, Hassan Abdul said the strategic move would enable Drawbridge to leverage iNT Agencies’ extensive network, technology and expertise to deliver even more impactful solutions to its clients.

    He said; “We are excited to join the iNT Agencies network. This partnership will enable us to tap into a global pool of talent, technology and resources, enhancing our ability to deliver holistic communication solutions that drive growth and innovation for our clients.

    Our goals and vision align perfectly with those of iNT Agencies, and we look forward to working together to build bridges between people, cultures, and borders through branding and communication”.

    He noted that with a strong presence in over 30 countries and a diverse portfolio of clients, iNT Agencies presently comprises of over 40 agencies and brings a wealth of expertise and resources to the table.

    According to him, Drawbridge’s clients would benefit from access to iNT Agencies’ agile and scalable solutions, including PR, traditional and digital advertising, sponsorships, events, and SEO.

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    “As we join the iNT Agencies network, we are excited to tap into the power of cross-border collaboration and international standards that will elevate our game in communication management. The access to cutting-edge technology, including AI, will enable us to deliver more innovative and data-driven solutions to our clients. We are looking forward to harnessing the collective expertise and resources of the network to stay ahead of the curve and drive meaningful connections between brands and their audiences. This partnership is a strategic move that will amplify our capabilities, enhance our creativity, and ultimately benefit our clients,” Hassan said.

    Founder and Chief Executive Officer, iNT Agencies, Uffe Just, said the group has been looking for a long time for a top agency in Nigeria.

    “Nigeria is a very exciting emerging market with a rapidly growing economy, technology and infrastructure. Drawbridge represents that growth in the advertising industry with their high competence level, and we could not have found an agency that is closer to our vision than them,” Just said.

  • Ibrahim Chatta partners WEBEK studios for Abeni

    Ibrahim Chatta partners WEBEK studios for Abeni

    Prolific Nollywood star actor, Ibrahim Yekini has partnered with WEBEK Studios to produce a new film, ‘Abeni.’

    Webek studios recently made the announcement of the completion of its first-ever feature-length film. The milestone marks a groundbreaking one for the fast-rising film and content company. 

    ‘Abeni’ is directed by filmmaker and CEO of WEBEK Studios, Esse Akwawa, while Samuel Olasehinde served as co-director and co-writer. Together, they bring a powerful blend of visionary direction, cultural depth, and emotional resonance to the screen.

    Filmed at the atmospheric Africhatta Film Village in Oyo State, renowned for its commitment to authentic Yoruba representation, ‘Abeni’ captures a world rich in heritage, tradition, and ancestral spirit.

    Inspired by a true but undocumented historical narrative passed down through generations,

    ‘Abeni’ brings to film a remarkable story that has never been formally recorded.

    The film highlights the extraordinary journey of Abeni, a young woman who defied societal expectations and pursued a path traditionally reserved for men: the sacred craft of forging. Her courage, rebellion, and resilience form the emotional core of the film, making ‘Abeni’ both an inspiring cinematic experience and an important act of cultural preservation.

    The production is further strengthened by the support of Co-Executive Producers Seun Dania and Ibrahim Chatta, whose contributions helped elevate the film’s authenticity and scale.

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    Speaking on the project, Ibrahim Chatta, said, “Being involved in ‘Abeni’ allowed me to connect deeply with a story that mirrors the strength of our ancestors. The film sheds light on a remarkable young woman whose love for forging pushed her beyond the boundaries of her time. It is a privilege to help bring this undocumented history into modern consciousness.

    Working with Webek Studios reaffirmed my belief in the power of African storytelling and the importance of preserving our truth.”

    ABENI follows the journey of a determined young girl who challenges tradition, defies gender norms, and pushes against rigid societal boundaries to master the craft she loves. Rooted in Yoruba culture and inspired by real, undocumented history, the film blends mythic elements with raw emotion to deliver a story of courage, destiny, and cultural pride.

  • Toskel plans cultural Christmas carol evening in UK

    Toskel plans cultural Christmas carol evening in UK

    As the joyous yuletide season approaches, Plymouth, a vibrant city in the South West of the United Kingdom, is preparing to be infused with the magic of Christmas through a unique Carol and Cultural Evening hosted by Toskel Community Heritage & Culture CIC. 

    Set for December 21, the event promises to be more than just a performance—a dazzling celebration of music, dance, and culture—uniting individuals from diverse backgrounds in the city and beyond to immerse themselves in the festive atmosphere.

    The organisers, Kelvin and Oluwatosin Adekanmbi, founders of Toskel Travels Limited and Toskel Community Heritage and Culture CIC, are dedicated to preserving Nigeria’s cultural heritage and enhancing community cohesion in the UK. 

    Each year, the visionary duo bring people—Nigerians and Africans from across the UK— together through prominent events such as Nigerian Cultural Day and Independence Day celebrations, in addition to regular language classes, storytelling sessions, and creative workshops.

    “These events don’t just entertain; they build bridges, preserve traditions, and strengthen the Nigerian spirit and community lifestyle. Our aim is to create a thriving community where Nigerian heritage —traditions, languages, food and dressence— are showcased, celebrated, and preserved.

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    “Toskel Christmas Carol and Cultural Evening is an act of community building. It provides an essential space for the Nigerian diaspora in Plymouth and the wider UK to gather, celebrate their roots, and pass on their culture,” Kelvin said.

    “The event promises to infuse the vibrant, infectious spirit of Nigeria. The lineup of performers will include local choirs, musicians, and dancers, who will regale the audience with traditional Christmas carols and folk songs.

    “Crucially, it’s an open-armed invitation to the broader African diaspora and South West England communities to come and share in Nigeria and Plymouth’s rich cultural heritage, fostering a more vibrant connection,” he added.

    On the inspiration behind the initiatives, Oluwatosin Adekanmbi said, “We believed that Nigerians in the diaspora should not lose touch with their roots and that their children should grow up knowing the colours, rhythms, and values of their heritage. After relocating to the United Kingdom, we noticed that while the city of Plymouth was rich in diversity, there was a lack of platforms showcasing the beauty, creativity, and richness of Nigerian culture. So it’s that belief that birthed Toskel Travels Limited and Toskel Community Heritage and Culture CIC,” she added.

    She noted that the initiatives have grown from small gatherings to community meetings with exhibitions of Nigerian crafts and delicacies, into a movement that is impacting Plymouth and its surroundings.

    “We have been able to assist Nigerians in Plymouth to register Nigerian-businesses in the city through the Nigerians in Plymouth Enterprise Network (NIPEN), and they are doing very fantastic, empowering families and young entrepreneurs to turn their ideas into sustainable ventures,” Kelvin said.

    Meanwhile, the couple’s hard work and cultural passion has caught the attention of Plymouth City Council, which has become a major supporter of their mission. Together, they now host the annual Nigerian Cultural Day, with the most recent edition graced by over 15 well-known Nigerian celebrities and other guests from all walks of life. 

    Highlight of the event was the presence of Mayor Kathy Watkins, Lord Mayor of Plymouth and former Lord Mayor, Dr. John Mahogany, who presented awards to outstanding personalities and community leaders for their contributions to culture and unity of the city, including Richard Edoki, a Nigerian journalist based in the city; actor and filmmaker, Kunle Afod, Amoke Oluwastosin Adekanmbi, Bimbo Adebayo, among others

  • Amaland set to partner Oyo govt for Faaji Dec. festival

    Amaland set to partner Oyo govt for Faaji Dec. festival

    Amaland is set to partner the Oyo State Government to host ‘Faaji December Cultural and Entertainment Festival’.

    The event is an annual event that is always held between December 1 and January 2 in Ibadan.

    The company said the festival was borne out of the need to create alternative celebration and vibrant environments besides that of Lagos.

    Speaking with reporters in Ibadan, the convener of the festival, Seun Adeniyi, said many people didn’t know enjoyment and relaxation started in Ibadan, adding that Amaland was bringing back festivity and vibes to Ibadan. He said: “A lot of people may not know that Ibadan is the headquarters, the origin of Amala, the food everybody loves in Nigeria and around the world. Also, Fuji music started in Ibadan.

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    “We are bringing this true, historic phenomenon back to Ibadan. For people outside Ibadan, everywhere in Nigeria, West Africa, even in the diaspora coming to Nigeria for Christmas, end of the year, will visit Ibadan to have a taste of the original Amala and original Fuji music.

    “Also, we are organising a fashion show that talks about Yoruba culture, because the culture is already influencing fashion in the world. Music from Nigeria, especially Yoruba music, is also influencing music genre in the world.’’

    Adeniyi says adequate security is guaranteed for every participant, as every ticket comes with insurance for everybody attending the event.