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Only 1m Of 3.6m Applicants Will Get N50,000 Grant – FG

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The Federal Government, through the Ministry of Industry, Trade and Investment, said on Thursday that only one million out of the 3.6 million applicants for the Presidential Conditional Grant Scheme will be beneficiaries.

The scheme, which started March 9, 2024, offers financial grants of N50,000 without repayment obligations to eligible small business owners operating in various sectors such as trading, food services, ICT, transportation, creatives, and artisans in the 774 local government areas of the country.

It targeted 70 per cent of women and youths, 10 per cent of people with disabilities, and five per cent of senior citizens, with the remaining 15 per cent distributed to other demographics.

The ministry, in a Frequently Asked Questions and Answers generated by our correspondent on its website on Friday, said, “Disbursements aren’t based on any specific criteria, but in the order, applications are verified. The goal is to reach an estimated 1,290 beneficiaries per LGA across the country, totalling one million.

“Disbursement is also subject to verification of NIN, which became mandatory after the initial application phase and required only BVN. The selection is random, without human intervention, from those who have passed their NIN and BVN verification.”

Meanwhile, the ministry also noted that there wasn’t any interference in the processes because the verification was a digital one so individuals would not need to be contacted after verification, but disbursements will happen automatically if they passed.

Whether everyone who applied will get the grant, the ministry stated, “No, of over 3.6 million applicants, only one million will receive the grant. This is the threshold based on the amount budgeted for nano businesses. The verification process for over three million applications has been thorough and therefore time-consuming, conducted in batches to minimize errors.”

The scheme only benefits people with nano businesses seeking to expand and be willing to formally register their businesses and hire at least one additional person as their turnover increases.

Its requirements included personal and banking information such as BVN and NIN.

The application has closed since April 17, and the payment will begin again at the end of May.

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Pray For Us Politicians, We Are The Problem Of Nigeria — Peter Obi

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Peter Obi, the 2023 Labour Party presidential candidate, has asked Nigerians to pray for political leaders, stating that politicians are the primary cause of the country’s challenges.

 

Speaking on Sunday at the thanksgiving service to mark Oyo state’s 50th anniversary at the Cathedral of St. Peter Anglican Church, Aremo, Ibadan, the Oyo state capital, Obi said politicians are responsible for the country’s challenges.

 

“I want to make a request from Nigerians. Do remember us politicians in your prayers. We are the problem of Nigeria, no other person,” he said.

 

“Nigeria is not a poor country, it is poorly governed. Remember us in your prayers that God should touch our hearts to use public money for public good. That is what is required.”

 

In a post on X after the event, Obi thanked Seyi Makinde, governor of Oyo state, for the opportunity to speak at the service.

 

He recalled that at the beginning of Makinde’s administration, the governor invited him to address the maiden executive council (exco) retreat, where they spent a full day discussing governance and leadership.

 

“I am pleased to note that the governor has remained consistent in his approach. Beyond the visible infrastructure across the state, his performance is widely discussed and appreciated by Oyo people wherever they are,” Obi said.

 

The former Anambra governor also commended Makinde for his remarks at the thanksgiving service, particularly on building strong institutions rather than relying on individuals.

 

“His focus on continuity, systems, and shared responsibility reflects a statesmanlike vision and offers reassurance that the progress of Oyo State will be sustained beyond any single administration,” he added.

 

Obi further thanked Williams Aladekugbe, bishop of Ibadan north, for what he described as a timely and profound sermon.

 

“He reminded us that thanksgiving is not merely a ritual but a moral discipline that nurtures humility, responsibility, and service to the common good,” Obi said.

 

He called on residents of Oyo state to continue supporting the governor and to pray that God would guide leaders to work for the common good of the state and its people.

 

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Tinubu Celebrates Fela As Philosopher Of Freedom After Historic Grammy Win

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President Bola Tinubu has paid tribute to late Afrobeat legend, Fela Anikulapo Kuti, following his posthumous Grammy Lifetime Achievement Award.

Tinubu described Fela as more than a musician, calling him a fearless voice of the people, a philosopher of freedom and a revolutionary force who confronted injustice through music.

The president said Fela’s courage, creativity and conviction defined a generation and continued to inspire audiences across the world.

In a tribute issued on Sunday in Abuja, Tinubu said Fela’s legacy had transcended time, describing him as eternal in cultural and spiritual relevance.

He noted that Fela became the first African to receive the Recording Academy of America’s Lifetime Achievement Award, though posthumously.

The president said the honour affirmed Fela’s enduring global influence and the foundational role he played in shaping modern music from Africa.

Tinubu said Fela defined Afrobeat, with his influence evident across generations of Nigerian musicians and in Afrobeats and global sounds.

“He defined Afrobeat, and you can hear and see his influence in generations of Nigerian musicians and in Afrobeats and beyond.

“Fela lives,” the president said. (NAN)(www.nannews.ng)

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Benue Killings: FG To Arraign Yelwata Massacre Suspects Monday

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The Federal Government is scheduled to arraign suspects linked to the Yelwata killings on Monday in Abuja, with the Attorney General of the Federation finalizing the charges.

 

Justice Abdul-Malik is expected to preside over the arraignment at the Federal High Court.

 

This was disclosed in a statement released to journalists on Sunday by the Office of the Attorney General of the Federation and Minister of Justice.

 

According to the statement, the accused persons will be brought before Justice Joyce Abdulmalik of the Federal High Court sitting in Abuja, following what it described as “after a painstaking investigation and collaboration by government agencies.”

 

“The Office of the Attorney General of the Federation and Minister of Justice wishes to assure Nigerians that justice will be ensured in the matter, to send a strong signal to the enemies of the country acting under any disguise.”

 

The statement, signed by the media aide to the AGF, Mr. Kamarudeen Ogundele, further noted that “The administration of President Bola Ahmed Tinubu is committed to the protection of the lives and property of all, as enshrined in the Constitution.”

 

The Yelwata killings took place in June 2025 in the Yelwata community, located in Guma Local Government Area of Benue State.

 

The violence reportedly started late on June 13, 2025, and spilled into the early hours of June 14, when suspected armed herdsmen launched coordinated attacks on residential buildings, a local market, and a Catholic mission.

 

During the assault, houses were torched, victims were brutally mutilated, and the attackers exchanged gunfire with security operatives.

 

Reports indicate that more than 100 people lost their lives, while approximately 3,000 residents were forced to flee their homes.

 

President Bola Ahmed Tinubu had earlier condemned the massacre and directed security and law enforcement agencies to track down those responsible and ensure they are prosecuted.

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