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Fund Entrepreneurial Studies in Private Varsities, Bamidele Tells TETFUND

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Sen. Dr Michael Opeyemi Bamidele
Sen. Dr Michael Opeyemi Bamidele
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…. Says Nigeria must adopt Asian Tigers’ template

Following pervasive joblessness and youth restiveness rocking all the geopolitical zones of Nigeria, a Senate member, Senator Opeyemi Bamidele, has urged the federal government to extend funding to private universities running entrepreneurial Studies across the nation to make their graduates financially self- reliant.

The Chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, vehemently disagreed with the current template, whereby such funding was being limited to public universities, insisting that intervention of this fashion should cover both public and private ivory towers offering Entrepreneurial Studies as a course.

The Senator described this as a potent remedial action that can tame joblessness and poverty in the country.

Bamidele, the Chairman, Southern Senators Forum, said this at Ikeji Arakeji, Osun State, on Friday, while being garlanded with the honourary Doctor of Philosophy title by the Joseph Ayo Babalola University, in recognition of his exemplary and enigmatic services to the nation.

The Federal lawmaker added that the priority placed on entreneurship by JABU, underscored its unshaken commitment to abate the cankerworms of unemployment and poverty that are ravaging the country and having resonating effects like kidnappings, killings and internet fraud.

Bamidele advocated holistic reworking of the country’s curricular from primary to tertiary cadres to inject skills and entrepreneurship that will promote productivity and revitalise the ailing economy.

He added that the awardees are proud to associate with JABU’s outstanding and unique status as one of the fastest growing faith-based universities in Nigeria, coupled with its leading role in entrepreneurship training.

Bamidele stated that for the vision of making Nigeria a nation that can protect the rights of citizens and boost their potentials, that government at all levels must show interest in how universities prosecute their entrepreneurial studies, to add traction to human capital development.

Proferring solution to the seemingly stroppy crisis of youth unemployment and the attendant multifaceted crises, Bamidele said: “To this end, I implore the Federal Government to encourage all public and private universities that are currently engaging in entrepreneurship studies by extending the TETFUND benefits and privileges to them.

“This is  to enable them admit and train more students in line with global standards. Also, as the nation’s private sector and the innovative industry is getting repositioned for us to build a more expansive economy, the Government should urgently create more enabling legal regime and infrastructural environment for business and creativity to thrive better in Nigeria”.

Bamidele applauded JABU for placing high premium on promotion of self-employment among its graduates, saying this has distinguished it as a citadel of learning with focus and clairvoyance for excellence.

“The priority your university attaches to entrepreneurship training is indeed, an eloquent testimony to the depth of the vision, wealth of experience and the magnitude of exposure of the founding fathers of this university.

” It is a demonstration of their ability to see ahead and readily admit that the greatness of our future as a nation largely depends on the extent to which our youth can create wealth through the deployment of their diverse skills and innovative ideas.

” Apart from helping to curb the menace of massive unemployment among our graduates and young school leavers, it also gives them the capacity to gainfully earn income, become financially self-reliant and even create job opportunities for others.

“All over the world, it is no longer realistic for Governments to provide white collar jobs for all the young graduates from the universities, polytechnics, technical colleges and other tertiary institutions.

“The contemporary trend is that Governments are seriously looking for ways to prune down the cost of governance and are taking bold measures to replace humans with high tech machines and artificial intelligence.

“The new wave of technological revolution and the attendant emergence of digital economies around the globe is a pointer to the fact that nations that are determined to survive must prioritize the impartation of innovative knowledge and technical skills in their young people.

“You will agree with me that this is the secret and the real strength of the Asian tigers for which the rest of the world have continued to adore them today.

“To attain a similar feat in Nigeria nay Africa, our policy makers and state actors must prioritize entrepreneurship training by ensuring that our educational curriculum from the primary to tertiary levels incorporates the development of technical skills, creative innovation, digital education, problem-solving skills, and the impartation of managerial capacity as well as interpersonal relationship development”.

Bamidele lauded the JABU’s Management for the award conferment, saying this would catalyse him do more in promoting the country further in all his public engagements.

Earlier, the Vice Chancellor of the university, Prof. Olaosebikan Alade Fakolujo, praised Bamidele for his contributions to humanity as a public servant and Human Rights Lawyer.

Prof Fakolujo urged the federal lawmaker  to sustain the tempo of exemplary leadership that had distinguished him as one public servant with love and panache for good governance to help in bringing Nigeria out of the current precarious and debilitating status.

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Tinubu Accelerates Northern Rail Projects, Kaduna-Kano Line Set for December 3 Inauguration

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President Bola Ahmed Tinubu has intensified efforts to complete major railway projects across Northern Nigeria, with the Kaduna–Kano Standard Gauge Railway scheduled for inauguration on December 3, 2026.

The 203-kilometre Kaduna–Zaria–Kano railway project has reached approximately 90 per cent completion, while the 400-kilometre Kano–Katsina–Maradi railway project has attained 70 per cent completion.

According to the Federal Government, both projects have recorded significant progress since the Tinubu administration assumed office in 2023. The Kano–Katsina–Maradi project was reportedly at just five per cent completion, while the Kaduna–Kano line was below 30 per cent.

The projects form part of the administration’s commitment to expanding Nigeria’s railway network, improving regional connectivity and facilitating the movement of passengers and goods across the country and beyond.

The Kaduna–Kano railway, an extension of the existing Abuja–Kaduna Standard Gauge Railway, is expected to establish a continuous rail connection between Abuja, Kaduna, Zaria and Kano, strengthening transportation links among key commercial centres in Northern Nigeria.

To assess the level of progress, President Tinubu recently directed a Federal Government inspection team, led by the Permanent Secretary of the Federal Ministry of Transportation, Engr. Funso Adebiyi, to inspect the projects.

Adebiyi expressed satisfaction with the quality of construction work, particularly the railway alignment, drainage systems, embankment protection, stone pitching and soil stabilisation.

The inspection also featured a train test run from Jaji in Kaduna State to Kano, enabling officials to assess the completed track infrastructure and passenger comfort.

President Tinubu has further directed that outstanding land acquisition and compensation issues within Kaduna metropolis be resolved immediately to facilitate the completion of the railway corridor connecting Abuja to Kano.

The Federal Government disclosed that the completed 190-kilometre Jaji–Kano section of the Kaduna–Kano railway, alongside the 250-kilometre Dawanu–Kano–Kazaure–Daura–Katsina section of the Kano–Maradi project, is scheduled for inauguration on December 3, 2026.

When fully operational, the Kaduna–Kano railway is expected to ease passenger movement, boost commercial activities and provide a safer alternative to road transportation along one of Northern Nigeria’s busiest economic corridors.

Similarly, the Kano–Katsina–Maradi railway is expected to enhance cross-border transportation, strengthen regional trade and deepen economic relations between Nigeria and neighbouring Niger Republic.

The Federal Government reiterated its commitment to ensuring that ongoing infrastructure projects across the country are completed and delivered in line with their scheduled timelines.

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FG Begins ₦50,000 Monthly Cash Relief for Vulnerable Nigerians

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The Federal Government has commenced a monthly cash relief programme offering ₦50,000 to vulnerable Nigerians to cushion the effects of rising living costs and economic hardship.

The Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, disclosed this in a statement issued on Friday in Abuja, announcing the National Emergency Relief and Stabilisation Intervention (NERSI), a presidential initiative aimed at providing direct financial support to millions of vulnerable households.

Doro said the intervention was introduced in response to global food inflation and rising prices of essential goods, which continue to put pressure on household finances.

Under the programme, eligible beneficiaries will receive ₦50,000 monthly to help meet essential needs and ease the burden of the rising cost of living.

The minister explained that the intervention would be reviewed periodically in line with prevailing economic conditions, with beneficiaries notified directly before any adjustment.

He said the ministry was working with licensed digital financial service providers to ensure secure, transparent and timely disbursement of the funds.

According to him, beneficiaries will receive text messages from the providers seeking their consent before payments are made directly into their bank accounts or mobile wallets.

Doro clarified that beneficiaries are not required to apply, pay any fee or register through agents to access the programme.

He warned Nigerians against fraudsters, urging them not to disclose their Personal Identification Numbers (PINs) or Bank Verification Numbers (BVNs) to anyone.

The minister advised those uncertain about any message or facing demands for payment to contact the official NERSI helpline on 0700-022-2222.

He said the intervention complements existing Federal Government social protection and economic support programmes, while strengthening household resilience and economic stability.

Doro added that the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and underscores the ministry’s commitment to delivering social support with dignity, transparency and accountability.

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Ekiti Bureau Congratulates Oyebanji, Prioritises Curbing Capital Flight

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The Ekiti State Bureau of Local Content has congratulated Governor Biodun Oyebanji on his inauguration for a second term in office, pledging to prioritise efforts to address capital flight and strengthen the state’s economy.

The Bureau, in a congratulatory message issued by its management, and signed by the director of Admin Mr Tope Fasoyin, described the governor’s second-term inauguration as an opportunity to consolidate the achievements of his first tenure and advance policies aimed at promoting sustainable economic development in the state.

 

The agency reaffirmed its commitment to supporting the governor’s vision of retaining more economic resources within Ekiti State through effective implementation of local content policies.

 

It said efforts would be intensified to promote the participation of indigenous businesses in government projects, encourage patronage of locally produced goods and services, and create more opportunities for local contractors, suppliers, and service providers.

 

According to the Bureau, prioritising local content would help reduce capital flight, stimulate indigenous enterprise, create employment opportunities, and ensure that more economic benefits accrue to the people of Ekiti State.

 

The management also pledged to collaborate with relevant stakeholders to ensure that the governor’s economic development agenda is translated into tangible benefits for residents.

 

It expressed confidence that Governor Oyebanji’s second term would bring renewed opportunities for economic growth, investment, and sustainable development across the state.

 

The Bureau wished the governor a successful and impactful second term in office.

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