The Benue State Government has earmarked N110 billion—20% of its N550.1 billion 2025 budget—for infrastructural development, focusing on key projects such as the completion of the underpass in Gboko and Makurdi, water schemes in Otukpo and Katsina-A… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Benue allocates N110bn for infrastructure, boosts digital economy, innovation By Busola Bamidele on March 3, 2025 The Benue State Government has earmarked N110 billion—20% of its N550.1 billion 2025 budget—for infrastructural development, focusing on key projects such as the completion of the underpass in Gboko and Makurdi, water schemes in Otukpo and Katsina-Ala, and the construction of new government complexes. Agriculture and food security will receive N84.08 billion, while the digital economy sector is set to get N18.7 billion. The state will also establish technical and innovation hubs across its three senatorial districts, build skills acquisition centers for 600 female IDPs, and enhance power distribution in Makurdi, Otukpo, and Katsina-Ala. Read also: Benue allocates N110bn for infrastructure, boosts digital economy, innovation FG to reward MSMEs with over N220m in prizes ITF onboards 100,000 artisans for SUPA training programme SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 The budget will be funded through the federation account (N430.3 billion), independent revenue (N35.5 billion), aids and grants (N26.4 billion), and a capital development fund receipt of N57.7 billion. Governor Alia's administration emphasizes human capital development, sustainability, and digital innovation, with a commitment to transparency and accountability, according to the Chief Press Secretary, Tersoo Kula.

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The Federal Government has announced that micro, small, and medium enterprises (MSMEs) across Nigeria will compete for prizes worth over N220 million in the upcoming 7th National MSMEs Award.Temitola Adekunle-Johnson, Senior Special Assistant to Preside… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG to reward MSMEs with over N220m in prizes By Busola Bamidele on March 3, 2025 The Federal Government has announced that micro, small, and medium enterprises (MSMEs) across Nigeria will compete for prizes worth over N220 million in the upcoming 7th National MSMEs Award. Temitola Adekunle-Johnson, Senior Special Assistant to President Bola Tinubu on Job Creation and MSMEs, made this known during a press briefing on Monday. He revealed that the registration portal will be open from March 7 to April 7, 2025, for all eligible businesses. Adekunle-Johnson emphasized the government's commitment to empowering small businesses, noting that persons with disabilities (PWDs) will have a special category in the awards. Read also: FG to reward MSMEs with over N220m in prizes ITF onboards 100,000 artisans for SUPA training programme SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy "This year, winners will receive shops, stores, cars, and cash prizes, while the overall winner will take home a house, store, car, and N20 million in cash," he said. The awards, which recognize businesses across ten categories, will be overseen by a screening committee including the National Information Technology Development Agency (NITDA), Standard Organisation of Nigeria (SON), and the Bank of Industry (BOI).

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The Industrial Training Fund (ITF) has announced plans to expand its Skills Upgrading and Professional Advancement (SUPA) programme by increasing the number of training centres from 800 to at least 1,500.According to Mr. Ogun, the first phase of SUPA tr… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader ITF onboards 100,000 artisans for SUPA training programme By Busola Bamidele on March 3, 2025 The Industrial Training Fund (ITF) has announced plans to expand its Skills Upgrading and Professional Advancement (SUPA) programme by increasing the number of training centres from 800 to at least 1,500. According to Mr. Ogun, the first phase of SUPA training, lasting six to eight weeks, will culminate in a certification exam. Successful candidates will proceed to Phase 2 for technical training in their chosen trades. Read also: ITF onboards 100,000 artisans for SUPA training programme SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy FG to invest $122bn in energy diversification The full list of 100,000 onboarded trainees will be published on both the SUPA website (www.supa.itf.gov.ng) and ITF's official website (www.itf.gov.ng). To enhance training quality, ITF is collaborating with original equipment manufacturers for bulk purchases of training equipment. Additionally, it is working with the Nigerian Employers Consultative Association (NECA) to secure job placements for graduates while finalizing a business incubation structure for entrepreneurship opportunities.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110