Politics
National Philanthropic Office Will Be A Huge Success Under Tinubu – VP Shettima
National Philanthropic Office Will Be A Huge Success Under Tinubu – VP Shettima
Inaugurates NPO local implementation committee
Women to get 50% of $200m grants for MSME start-ups
Sahara Weekly Reports That The Vice President, Senator Kashim Shettima, has assured that the success and positive impact of the newly established National Philanthropic Office (NPO) is guaranteed under the Tinubu administration.
According to him, President Bola Ahmed Tinubu has been a firm believer in giving back to society and as such, his enduring spirit of bettering the lot of the citizens is enough guarantee for the NPO to make a huge success and impact.
Senator Shettima stated this on Friday during the inauguration of the Local Implementation Committee of the National Philanthropic Office (NPO) at the Banquet Hall of the Presidential Villa, Abuja.
The NPO, an initiative driven 100 percent by the private sector, with full support from the government, is part of efforts by the Tinubu-led federal government to raise alternative funding for Small and Medium-Sized Enterprises (SMSEs) and other vital economic programmes through collaboration with the private sector.
The office is saddled with the responsibility of ensuring the establishment of 12 industrial value-chain hubs and accelerators for startups and small businesses across the six geopolitical zones in Nigeria.
Delivering his speech titled, “Philanthropy and Our Shared Responsibilities,” during the inauguration of the Local Implementation Committee of the NPO, Vice President Shettima disclosed that the NPO is set to raise $200 million in grants and non-financial investment through local and international teams to provide support for start-ups in key sectors of the country’s MSMEs space.
“Distinguished ladies and gentlemen, this initiative proposes to raise $200m in grants and non-financial investment, through local and international teams, to provide support to start-ups in the key sectors within the MSMEs space that drive job creation in Nigeria,” he stated.
Noting President Tinubu’s knack for giving back to society, Shettima said his boss’s commitment to philanthropy had always been the mark of his identity.
“Long before stepping into the realm of public service, His Excellency President Bola Ahmed Tinubu has been a steadfast believer in the ideals of giving back to society. This commitment to philanthropy has always defined his identity.
“The Country Chairperson of the National Philanthropic Office (NPO), Mrs. Thelma Ekiyor, can rest assured that this initiative is in secure hands. Mr. President’s enduring spirit of societal betterment is enough to guarantee its success and impact,” the VP stated.
He acknowledged what he called gaps existing in philanthropy, saying “there’s an unmistakable inadequacy of philanthropy,” even as he added that this “has led to the establishment of the National Philanthropic Office.
“Through this office, we aim to kindle a spirit of support for vulnerable enterprises and ideas that hold the key to our collective progress,” he explained, noting that there is no place in the world “where government thrives in isolation, and without collaboration with private individuals and organizations bound by the virtue of empathy, this practice of philanthropy”.
Shedding more light on the operations of the NPO, the VP said, “While the NPO is 100% driven by the private sector, enjoying government support, it thrives on the reality that worldwide, governments are increasingly exploring alternative funding methods for vital projects and economic sectors through collaboration with the private sector.
“The objective is to create twelve industrial value-chain hubs and accelerators nationwide. This will focus on digitized shared workspaces, agro-processing, and shared industries. The overarching aim is to generate one million jobs directly and indirectly within the MSME ecosystem.
“Additionally, eligible MSMEs will receive grants ranging from 5 million to 10 million. Emphasis will be placed on supporting women-led businesses, constituting 50% of the start-ups.”
While inaugurating the Local Implementation Committee of the NPO, the Vice President implored members of the committee to do their job with a collective vision.
On his part, Delta State Governor Sheriff Oborevwori, who spoke on behalf of Governors of the 36 states of the federation, said the initiative would be most beneficial to businesses and individuals across the states, expressing the delight of his colleagues and pledging their support.
In his remarks, the Minister of Budget and Economic Planning, represented by Permanent Secretary in the Ministry, Mr Nebolisa Anako, commended the Vice President for the initiative, and the private sector partners for their commitment, noting that it aligns with the goals of the Tinubu administration.
For her part, Minister of Industry, Trade and Investment, Dr Doris Uzoka-Aniete, commended all the partners and stakeholders who she said worked towards actualising the first National Philanthropy Office, noting that it will go a long way in impacting lives, livelihoods and the general economy.
On her part, the Country Chairperson of the NPO, Ms Thelma Ekiyor-Solanke, said Philanthropy and Impact Investing are two important avenues of supporting MSMEs that can encourage innovation and provide catalytic capital to entrepreneurs.
She noted and commended the Vice President’s visionary commitment to the initiative, saying it will transform philanthropy and impact the country’s investing landscape.
She disclosed that among other programmes, the office will support the establishment of 12 shared office spaces for StartUps across the six geopolitical zones.
Members of the Local Implementation Committee chaired by Ms Thelma Ekiyor-Solanke include the Managing Director of Wema Bank, Mr Moruf Oseni; Managing Director, Bank of Industry, Mr Olasupo Olusi; Managing Director of Access Bank, Mr Roosevelt Ogbonna; Chairman, Impact Investors Foundation, Mr Afolabi Oladele, and Founder, Sambo Foundation,HRH, Samuel Sambo.
Others are Managing Director, BUA Foundation, Mr Ubon Udoh; Executive Secretary of Nigerian Content Development and Monitoring Board, Mr Felix Ogbe; CEO of Brownvalley Partners, Mr Terlumun Ikya, and Mrs Ayodele Olojede from Wema Bank, while Mr Temitola Adekunle-Johnson will serve as Secretary of the committee.
Stanley Nkwocha
Senior Special Assistant to The President on Media & Communications
(Office of The Vice President)
12th January, 2024
Politics
AMBO and the Osun Governorship Race: Assessing the Man, the Politics and the Vision
AMBO and the Osun Governorship Race: Assessing the Man, the Politics and the Vision
As political activities gather momentum ahead of the 2026 Osun State governorship election, a public affairs commentator, Oluseyi Olonade, has described the emergence of Asiwaju Munirudeen Bola Oyebamiji, popularly known as AMBO, as a significant development in the state’s political landscape.
In an article titled “Oyebamiji: The Man, The Politics and The Aspiration,” Olonade argued that the All Progressives Congress governorship hopeful possesses the character, experience and vision needed to reposition Osun State for sustainable growth.
According to the writer, Oyebamiji’s appeal stems from his extensive background in the banking sector, where he spent nearly three decades working with institutions including Wema Bank, Trans International Bank, Spring Bank and Enterprise Bank.
A native of Ikire in Irewole Local Government Area, Oyebamiji was described as a technocrat whose experience in corporate governance, finance and risk management has shaped his approach to public administration.
The article noted that his public service journey gained prominence in 2012 when he was appointed to oversee the then Osun State Investment Company Limited. Under his leadership, the organisation was reportedly restructured and transformed into Omoluabi Holdings Limited.
The writer further highlighted Oyebamiji’s tenure as Commissioner for Finance under successive APC administrations, where he was credited with managing the state’s finances during challenging economic periods.
Olonade also referenced Oyebamiji’s appointment as Managing Director of the National Inland Waterways Authority, describing it as further evidence of his administrative and leadership capabilities.
The article contrasted Oyebamiji’s governance philosophy with that of the current administration in Osun State, arguing that the APC aspirant favours institutional reforms, economic diversification and fiscal discipline.
According to the writer, Oyebamiji’s proposed agenda includes strengthening transparency in government spending, expanding internally generated revenue, attracting private-sector investments and promoting industrial and agricultural development.
The article also highlighted youth empowerment, entrepreneurship development and digital skills acquisition as key components of his vision for the state.
Olonade concluded that the forthcoming governorship election would present voters with a choice between different approaches to governance, expressing confidence that Oyebamiji’s experience and developmental agenda make him a strong contender in the race.
Politics
Oselu Tiwa nTiwa Endorses Oriyomi Hamzat for Oyo Governorship
*Oselu Tiwa nTiwa Endorses Oriyomi Hamzat for Oyo Governorship*
A sociopolitical support group in Oyo State, Oselu Tiwa nTiwa, has declared its support for Alhaji Oriyomi Hamzat as the authentic governorship candidate of the Accord Party ahead of the forthcoming governorship election in the state.
The group made its position known in a statement jointly signed by its President, Mr. Adewale Oluwaseyi and Secretary, Alh. Adebayo Oyewole, on Thursday, describing Hamzat as a grassroots figure with strong connection to the people and a track record of humanitarian interventions across Oyo State.
According to the group, the endorsement followed what it described as careful observation of Hamzat’s leadership qualities, compassion and dedication to the welfare of ordinary citizens.
“Oriyomi Hamzat has consistently demonstrated empathy, courage and selfless commitment to humanity. Through his numerous interventions in the lives of ordinary citizens, he has become a symbol of hope to many families and communities,” the statement read.
Oselu Tiwa nTiwa also appealed to the national leadership of the Accord Party to prioritise the long-term future and electoral growth of the party in its decision-making process.
The group noted that Hamzat’s candidacy presents an opportunity for the party to strengthen its grassroots support base and expand its political relevance across Oyo State.
“We respectfully appeal to the National Leadership of the Accord Party to look beyond immediate political calculations and consider the bigger picture, the future growth, stability and electoral success of the party in Oyo State and beyond,” the statement added.
The group further expressed confidence in the leadership of the party, saying it believes the party’s national officers and stakeholders would take decisions that reflect fairness, inclusiveness and the collective interest of members.
While calling on party loyalists to remain calm and united, Oselu Tiwa nTiwa said continued consultations among stakeholders would help strengthen the Accord Party ahead of the election.
Signed:
Alh. Adebayo Oyewole,
Secretary.
Politics
Atiku Set To Clinch ADC Presidential Ticket, Leads Amaechi, Hayatu-Deen In 34 States
Atiku Set To Clinch ADC Presidential Ticket, Leads Amaechi, Hayatu-Deen In 34 States
Former Vice President of Nigeria and frontline presidential aspirant of the African Democratic Congress (ADC), Atiku Abubakar, is projected to emerge winner of the party’s presidential primaries, according to impeccable sources in Abuja.
The primaries, conducted across over 8,000 wards in the 36 states of the federation and the Federal Capital Territory, reportedly placed Atiku far ahead of his closest rivals — former Rivers State Governor, Rotimi Amaechi, and former Chairman of the Nigerian Economic Summit Group, Mohammed Hayatu-Deen.
Highly placed party insiders disclosed that Atiku is currently leading in 34 states, including the FCT, after securing dominance across the 19 Northern states, the five South-East states, and the six South-West states, while also maintaining a strong showing in at least three states in the South-South geopolitical zone.
The sources added that the outcome reflects what they described as “an overwhelming nationwide acceptance” of the former vice president within the opposition party ahead of the 2027 general election.
Meanwhile, the ADC leadership has invited members of the press to the official announcement of the final collated results scheduled for 11:00 a.m. on Tuesday, May 26, 2026, in Abuja.
The declaration of results is expected to be broadcast live on ARISE Television and two other major television stations, while also being livestreamed on the party’s official social media platforms on X and Facebook.
Speaking ahead of the announcement, the founding National Chairman of the ADC, Chief Ralph Nwosu, said the decision to televise the exercise live was aimed at promoting transparency and democratic accountability.
“We want millions of Nigerians at home and in the Diaspora to witness democracy in action,” Nwosu said.
He further revealed that the party leadership would encourage all three presidential aspirants to publicly embrace a peace accord and commit themselves to working together in unity for the party’s success.
According to him, the move is necessary to strengthen internal cohesion and position the ADC for victory in the presidential election scheduled for January 16, 2027.
Details later.
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