SMEDAN Launches MSME Capacity Program to Boost Business Clusters in Kano
Niger Allocates 500 Hectares for Solar Farm, Industrial Park to Boost Jobs and Manufacturing
Nigeria Expands Rural Electricity Access with 23 New Mini-Grids to Boost Businesses
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SMEDAN Launches MSME Capacity Program to Boost Business Clusters in Kano
Niger Allocates 500 Hectares for Solar Farm, Industrial Park to Boost Jobs and Manufacturing
Over 10,000 Youths Gather at GiNN 5.0 As Organisers Commit ₦30m to Support Entrepreneurs
Rising Yam Prices Squeeze Consumers and Traders in Enugu Markets
Nigerian Govt Launches ‘Power Force’ to Train 5,000 Youths for Smart Meter Rollout
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Niger State has allocated 500 hectares of land to Abuja Steel Mills Limited, a subsidiary of African Industries Group (AIG), for the development of a solar farm and the AIG Industrial Park in a move expected to boost industrialization, attract investment and create jobs.
 
The land was officially handed over during a groundbreaking ceremony at Sabon Wuse in Tafa Local Government Area. The state government described the project as a major milestone in its efforts to position Niger State as a preferred destination for local and foreign investments.
According to the state government, the project will leverage Niger State’s vast land resources, the Ajaokuta-Kaduna-Kano (AKK) gas pipeline and the state’s four hydropower dams—Kainji, Jebba, Zungeru and Shiroro—to support industrial growth and expand manufacturing activities.
The government also called on host communities to support the project, noting that it has the potential to attract additional industries, stimulate economic activities and create employment opportunities across the state.

African Industries Group described the land allocation as a landmark investment that goes beyond expanding industrial operations. The company said the project is designed to drive economic development, empower local communities and generate long-term employment opportunities.
The company also disclosed that the proposed solar facility could become the largest solar power installation in sub-Saharan Africa, strengthening Nigeria’s position in steel manufacturing and renewable energy development.
The Federal Government welcomed the investment, describing it as a strategic partnership that will leave a lasting economic impact through increased private sector investment, industrial expansion and job creation.
Government officials noted that strengthening the power sector remains a priority to support manufacturing, improve productivity and enhance Nigeria’s industrial competitiveness.
 

The project is also expected to reduce the country’s dependence on imported steel products while increasing local production capacity and supporting broader economic growth.
Stakeholders further emphasised that stronger collaboration between government and the private sector is essential for unlocking Nigeria’s industrial potential, attracting investment and creating sustainable employment opportunities.
 

SMEDAN Launches MSME Capacity Program to Boost Business Clusters in Kano
Nigeria Expands Rural Electricity Access with 23 New Mini-Grids to Boost Businesses
SMEDAN Launches MSME Capacity Program to Boost Business Clusters in Kano
Nigeria Expands Rural Electricity Access with 23 New Mini-Grids to Boost Businesses
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The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a capacity development program for Micro, Small and Medium Enterprises (MSMEs) operating within business clusters in Kano State as part of efforts to improve productivity, competitiveness and business sustainability.
 
The initiative, implemented under SMEDAN’s Enterprise Cluster Development (ECD) Programme, is designed to strengthen enterprise clusters by equipping business owners with practical skills, modern production techniques and improved business management practices.
Speaking at the inauguration of the programme, the agency said participants will receive technical support aimed at enhancing product quality, increasing operational efficiency and expanding access to both domestic and international markets.
SMEDAN explained that the programme aligns with globally recognised industrial development principles promoted by the United Nations Industrial Development Organization (UNIDO), with a strong focus on driving inclusive economic growth, reducing poverty and creating employment opportunities, particularly for women and young people.

The agency also disclosed that the Enterprise Cluster Development Programme is being implemented in Delta State, expressing confidence that the initiative will deliver significant economic benefits for participating businesses and their communities.
According to SMEDAN, the programme is expected to improve business profitability, strengthen the visibility and competitiveness of enterprise clusters, and increase the contribution of MSMEs to Nigeria’s Gross Domestic Product (GDP) through industrialization, innovation and economic diversification.
 
The initiative forms part of ongoing efforts to build resilient MSMEs by improving their capacity to compete, scale operations and contribute more effectively to national economic development.
 

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More than 10,000 young people converged at the University of Lagos Sports Centre for the fifth edition of the Gen Z Involvement in a New Nigeria (GiNN 5.0), an event organizers described as the largest gathering of Gen Z in Africa.
 
The programme brought together participants from different parts of Nigeria to engage in conversations on leadership, entrepreneurship, innovation, creativity, civic participation and nation-building.
According to the organisers, GiNN has evolved beyond an annual event into a growing youth movement focused on empowering young people to drive positive change and contribute to national development.
The event featured discussions led by prominent figures from the business, media, politics and enterprise sectors, who shared insights on leadership, innovation, entrepreneurship and opportunities for young Nigerians.

One of the major highlights of the programme was the presentation of the GiNN Young Excellence Awards, which recognised outstanding young Nigerians for their achievements in entrepreneurship, innovation, entertainment, social impact and professional excellence.
Organisers also announced more than ₦30 million in seed funding to support promising young entrepreneurs through the GiNN Innovation Hub. The funding is expected to help young founders develop innovative ideas, grow their businesses and create employment opportunities.
 
The initiative reflects the increasing focus on empowering young entrepreneurs with the financial support, mentorship and resources needed to build sustainable businesses and contribute to Nigeria’s economic growth.

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A market survey across major markets in Enugu State has revealed a steady increase in yam prices, raising concerns among traders and consumers over the growing cost of one of Nigeria’s staple foods.

Visits to markets in Enugu on Friday showed that the price of medium-sized old yams has risen to between ₦3,000 and ₦5,000, up from ₦2,000 to ₦3,500 recorded in May.
Large yams are now selling for between ₦6,000 and ₦10,000, depending on their size and quality, compared with ₦5,000 to ₦7,000 just a few months ago.
Water yams have also experienced significant price increases, with current prices ranging from ₦2,000 to ₦6,000, up from ₦1,000 to ₦4,000 in May.
Traders attributed the rising prices to a combination of higher transportation costs, seasonal supply shortages, and rising production expenses for farmers.

According to traders, these factors have continued to reduce the availability of yams across Enugu and other parts of the South-East.
Some traders also linked the price increase to insecurity affecting agricultural production and food distribution.
They said many farmers have reduced farming activities due to fears over insecurity, while traders from the South-East are increasingly reluctant to travel to northern Nigeria, where a significant portion of the yams sold in the region is sourced.

Consumers say the rising prices are already changing household spending habits.
Some buyers said they now purchase fewer yams than before because they have become increasingly expensive, forcing many households to rely more on alternative staples such as garri, sweet potatoes, and rice.

Others expressed optimism that prices could become more stable as the peak yam harvest season begins.
They also called for improved security, increased agricultural production, and better transportation infrastructure to help stabilise food prices and improve affordability for Nigerian households.
The continued rise in yam prices highlights the broader challenges facing Nigeria’s food supply chain, including insecurity, high logistics costs, and production constraints, all of which continue to affect farmers, traders, consumers, and food-related MSMEs.

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