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Ambode Presents Cheques To 2,000 Beneficiary Of Employment Trust Fund

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Ambode Presents Cheques To 2,000 Beneficiary Of Employment Trust Fund

…I’m fulfilled Initiative Is Meeting Set Objectives, Says Gov

…As Fund Disburses N7bn To 10,000 SMEs, Creates 25,000 Jobs In Three Years

Lagos State Governor, Mr Akinwunmi Ambode on Monday presented cheques to another batch of over 2,000 beneficiaries of the Lagos State Employment Trust Fund (LSETF) loan programme, saying it was gratifying that the initiative was meeting the objectives of creating jobs and contributing to the growth of the economy.

This is in addition to the over 10,000 beneficiaries who have received more than N7billion and have created over 25,000 new jobs in the last three years.

Speaking at the presentation ceremony held at LTV Blue Roof, Agidingbi, Ikeja, Governor Ambode expressed fulfillment that the initiative, which is a brain child of his administration, had positively impacted many Lagosians and help to scale up entrepreneurship with many businesses now thriving.

“Today is a historic day. It is one of those days that we have this fulfillment that we tried our hands on something that was never done before and years after, we are able to see the result and I just want to say a big thank you to all of you that have accepted to be partners in this programme and to just congratulate ourselves that a day like this can come in Lagos State.

“I am particularly delighted to be here today to see for myself the manifestation of a small dream we had at the inception of this government and the little seed we have sown in the lives and businesses of Lagosians. The Employment Trust Fund was a promise we made to Lagosians in 2015 and today, I am happy to see the faces of the people whose lives and aspirations have been positively impacted by this programme,” Governor Ambode said.

While noting the positive difference the beneficiaries of the scheme were making in the State, the Governor said the wonderful stories about the initiative were the true outcomes of governance, saying the vision was to use it to grow Lagos economy by supporting entrepreneurship, which in turn, would help to create jobs for unemployed residents.

The Governor said in line with his promise of inclusive governance, the beneficiaries of the LSETF programmes range from the youth to senior citizens in active business across all 20 Local Government Areas (LGAs) and 37 Local Community Development Areas (LCDAs) in this State, adding that the positive stories emanating from beneficiaries were pleasing to note.

“A very big validation of this programme we have embarked upon comes from the over 25,000 new direct jobs created directly by these businesses in our State. This does not include the multiplier effect of those businesses on the Lagos economy and the indirect jobs created.

“Apart from the jobs being created, I am especially pleased to see testimonials from some of our beneficiaries. I watched the video of Ibrahim Shuaib; a final year student of Dentistry at the Lagos State University Medical School. With a loan of N250,000, Ibrahim has not only grown his dry-cleaning business, employing over 20 people, but also started another business which his sister runs.

“I also read about Femi Oyedipe, whose chocolate production business, Loshes Chocolate, can now produce ten times more than before, employing more Lagosians as staff. Apart from employing more people, Loshes Chocolate makes it products from cocoa beans sourced from Ondo State, creating value for farmers outside Lagos. This is a very good example of the inter-state economic partnership Nigeria needs to grow its economy,” Governor Ambode said.

Aside the loan, the Governor said he was also proud of another programme of the LSETF known as the Lagos Employability Support Programme being executed in partnership with the United Nations Development Fund (UNDP), revealing that 3,363 unemployed youth have so far been trained out of the 10,000 target, with over 1,100 of them now either employed or running their own businesses.

On efforts of the LSETF to make Lagos the leading destination for Africa’s most exciting tech talent and start-ups, the Governor said it was pleasing to note that under the Lagos Innovates Programme, 75start-ups have been awarded workspace vouchers which provide their businesses with access to excellent infrastructure and a community where they can incubate and pursue their dream of becoming Africa’s emerging unicorns, without bearing the associated cost, adding that a loan had equally been awarded to one of the leading hubs, to expand and incubate more technology start-ups in the Lagos environs.

Giving a breakdown of the loans and women participation, the Governor said: “Our commitment to women is evident in the number of women who are beneficiaries of the programmes of this Fund. Before today we had a total of 3,652 female loan beneficiaries to the 4,280 male loan beneficiaries. Under our Lagos Employability Support Programme, women represent 49% of the total number of young people that LSETF has trained while in our Lagos Innovates programme which supports a tech ecosystem dominated by men, 21% of the beneficiaries are women.

“In spite of this, the Fund has assured me of their work to increase the level of female participation across all programmes, especially within Lagos Innovates,” he said.

While charging the beneficiaries to use the funds to grow their businesses and pay back as at when due, Governor Ambode also expressed optimism about the sustainability of the scheme, saying it was instructive that the governorship candidate of the All Progressives Congress (APC) in the State, Mr Babajide Sanwo-Olu had already expressed commitment to the initiative.

Besides, the Governor commended the Chairman, Executive Secretary, Board members and Staff of the LSETF for a job well done and translating the dream of his administration to reality and bringing the scheme to Lagosians.

In her welcome remarks, LSETF Board of Trustees Chairman, Mrs Ifueko Omoigui-Okauru said the presentation of cheques was another milestone in the journey of providing financial support to micro, small and medium enterprises for economic growth and job creation.

While appreciating various agencies and institutions who partnered with the LSETF to bring about the successes so far recorded, Omoigui-Okauru also urged others to take a cue from such by collaborating where and when necessary to further advance the objectives of the initiative.

Responding on behalf of the beneficiaries, Mr Adeoye Olumide of Jetco Global Farms whose company was granted N3.750million loan, said aside that he applied and got the loan without knowing anybody in government, the multiplier effect of the scheme was amazing as more people would be employed to his business.

“This is so unbelievable and it is so amazing. The domino effect on the entire value chain with this empowerment is very laudable and very commendable,” Olumide said.

 

 

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Gbenga Hashim condemns attack on Sowore, protesters on Democracy Day

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Accord Party presidential candidate and Co-Chairman of the Movement for Democratic Renewal (MDR), Dr. Gbenga Olawepo-Hashim, has condemned the reported attack on human rights activist, Omoyele Sowore, and other protesters during a Democracy Day demonstration, describing it as a troubling sign for Nigeria’s democratic future.

In a statement made available to newsmen, Hashim said the right to peaceful protest, free expression, and civic participation are fundamental elements of democracy and must not be undermined.

He warned that democracy cannot survive where citizens are intimidated for demanding accountability or expressing concerns about governance.

According to him, Democracy Day should not only mark the return to civilian rule but also serve as a reminder of the responsibility to protect democratic values, including freedom of Expression justice, constitutionalism, and the rule of law.

“Democracy is strengthened when citizens can freely speak, organise, and demand accountability from those entrusted with power. Any attempt to suppress these freedoms weakens democracy itself,” Hashim said.

The Presidential candidate, who recently became co-chair of MDR alongside NLC President Comrade Joe Ajero said the movement was established to defend Nigeria’s democratic space and prevent any drift towards authoritarianism.

He also condemned what he described as the continued harassment of Sowore, including the seizure of his passport, which he said remains unresolved despite legal interventions.

Hashim said MDR would continue to mobilise democratic forces, civil society, labour, and citizens committed to protecting democratic institutions and expanding civic freedoms.

“Nigeria must not return to an era where dissent is treated as a crime and citizens are denied their democratic rights. The defence of democracy is the responsibility of all who believe in freedom and accountable leadership,” he said.

He urged security agencies and relevant authorities to respect citizens’ constitutional rights while ensuring public order.

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Police Foil Bandits Kidnap Plot, Rescue Nine Victims In Katsina

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Operatives of the Katsina State Police Command said it has foiled a kidnapping attempt and rescued nine abducted passengers following a swift tactical operation along the Katsina-Kankara highway.

The Command’s Public Relations Officer, DSP Abubakar Sadiq, disclosed this in a statement issued on Saturday, detailing how police operatives engaged suspected armed bandits in a fierce gun duel and forced them to abandon their captives.

According to the statement, the incident occurred on Friday, June 12, 2026, at about 2:30 PM when a group of armed bandits barricaded the Katsina-Kankara Road at Tashar Kanya Village in Kankara Local Government Area.

The gunmen reportedly intercepted a red commercial Volkswagen Golf III saloon car with registration number KMC 400 MK, driven by 40-year-old Aliyu, popularly known as “Maitakabari.” The vehicle was conveying 11 passengers from Dandume to Katsina when the attackers forcefully abducted all occupants.

Upon receiving a distress report, the Divisional Police Officer (DPO) of Kankara said he swiftly mobilised a combined team of operatives, including personnel from the Violent Crime Rescue Unit (VCRU), and stormed the area.

“The police team confronted the kidnappers in a fierce exchange of gunfire.

“Overwhelmed by the superior firepower and tactical strategy of the operatives, the bandits were forced to flee into the bush, abandoning several of their victims.

“During a search of the surrounding area, the police rescued nine victims unharmed.”

The rescued victims were identified as Abubakar Ibrahim, 28; Rakkiya Ya’u, 30; Shamsiya Ahmad Mahamud, 18; Jumai Majarazu, 20; Salamatu Adamu, 30; Yusuf Halliru, 17; Harira Hamisu, 25; Umma Kabir, 17; and three-year-old Nusaiba Maharazu.

However, two victims — Buhari Kabir and the driver, Aliyu “Maitakabari” — remain unaccounted for, according to the statement.

The police said an intensive search-and-rescue operation is ongoing to secure the release of the remaining victims and apprehend the fleeing suspects.

Commending the bravery and professionalism displayed by the operatives, the Commissioner of Police, Katsina State Command, Ali Fage, praised the officers for their gallantry and dedication to duty.

He reassured residents of the Command’s unwavering determination to combat banditry, kidnapping, and other forms of criminality across the state, urging members of the public to continue supporting security agencies with timely and credible information.

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BREAKING: Ex-Army spokesperson Rabe dies in bandits’ captivity

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The Katsina State Government has confirmed the death of retired Major General Rabe Abubakar, who died while in the custody of bandits, describing the incident as a tragic loss to the state and the nation.

The announcement was contained in a statement issued on Saturday by the Commissioner for Internal Security and Home Affairs, Nasir Muazu, and made available to journalists.

The government said the retired military officer died from complications arising from diabetes and hypertension while in captivity.

According to the statement, several efforts were made by the state government and security agencies to secure his release, but the attempts were unsuccessfComrade Hassan Taiwo.


The statement read, “The Katsina State Government, with a heavy heart and deep sense of loss, wishes to inform the general public of the tragic passing of Retired Major General Rabe Abubakar.

“It is with profound sadness that we confirm the General’s death while in the bandits’ captivity. Despite the relentless and concerted efforts of the State Government and various Security Agencies to secure his safe release, the situation ended in this tragedy.

“The deceased Retired General died a natural death from complications of diabetes and hypertension.

“His abduction and subsequent death are not only a loss to his family and Katsina State but a monumental loss to the entire country.”

According to the statement, Governor Dikko Umaru Radda described the incident as a “dark moment,” adding that it underscored the urgent need for a stronger and more coordinated response to insecurity.

He extended condolences to the family of the late General and assured that the government remains committed to working with security agencies to combat banditry in the state.

“The Katsina State Government remains committed to working with the Federal Government and security forces to ensure that those responsible for this heinous act are brought to justice. We assure the citizens of Katsina State that our resolve to eliminate banditry and ensure the safety of all residents remains unshaken.

“Our thoughts and prayers are with the bereaved family during this difficult time. May the soul of the departed Retired Major General Rabe Abdulakdir rest in eternal peace”, the statement added.

Recall that the abductors of Rabe and his wife demanded the release of three detained fighters and the return of livestock allegedly seized during security operations as conditions for the couple’s freedom.

Abubakar was abducted alongside his wife on May 30 while travelling through Katsina State.

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