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FG Launches N250 Billion Single-Digit Loan Scheme for Smallholder Farmers

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By Yusuf Danjuma Yunusa

The federal government has launched a N250 billion credit facility for smallholder farmers, channeled through the Bank of Agriculture (BOA) to provide much-needed access to credit at a single-digit interest rate. The initiative is designed to bolster agricultural productivity and enhance food security across the nation.

Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this during the Quarterly Citizens and Stakeholders Engagement Session held on Friday in Abuja. He explained that a key priority for the ministry involves strengthening agricultural insurance and finance mechanisms by leveraging institutions such as the Nigerian Agricultural Insurance Corporation (NAIC), the National Agricultural Quarantine Service (NAQS), the Bank of Agriculture (BOA), and the National Agricultural Development Fund (NADF).

In the past two years, the Nigerian Agricultural Insurance Corporation has provided risk cover worth N700 billion to 199,275 farmers, generating N2.43 billion in premium income while paying out N200 million in claims to enhance farmers’ resilience. The newly announced credit facility aims to build on such efforts by supporting food production, improving mechanisation, and creating sustainable livelihoods.

The Minister emphasised that the ministry’s overarching mission is to accelerate growth in the agricultural sector by boosting productivity and creating economic opportunities. He described the stakeholder engagement session as a critical step toward ensuring transparency and incorporating public feedback into government programmes.

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Over the last two years, several initiatives have been implemented to strengthen the agricultural sector. These include the distribution of more than 1.9 million bags of fertilisers to nearly one million farmers, alongside 12,000 litres of organic fertilisers to promote sustainable soil management.

To combat the circulation of counterfeit fertilisers, the government has prosecuted offenders, constructed a National Reference Laboratory, and upgraded the National Fertiliser Management Platform to enhance quality control and transparency. Additionally, 109 fertiliser inspectors and over 329 industry stakeholders have received training on regulatory compliance.

International collaborations have also been established with Russia, Türkiye, India, and Canada to facilitate technology transfer and improve fertiliser production capacity. More than 3,500 farmers have been trained on organic fertilisers and soil management techniques to encourage sustainable agricultural practices.

The Agricultural Research Council of Nigeria (ARCN) has been driving transformative change through research and development, focusing on crop production and varietal improvement. The council has distributed 40 million cocoa seedlings aimed at revitalising the nation’s cocoa industry, supporting long-term plantation development and boosting export potential.

Meanwhile, the National Agricultural Development Fund (NADF) has recorded significant milestones over the past two years in advancing the agricultural sector.

Minister of Information and National Orientation, Mohammed Idris, described the engagement forum as a reflection of President Bola Tinubu’s governing philosophy rooted in transparency, participation, and accountability.

He stressed that governance must remain open and responsive to the people, adding that his ministry is committed to bridging the gap between policy decisions and public awareness. “Communication is not propaganda; it is accountability,” he said, noting that citizens should be well-informed and given the opportunity to provide feedback on government initiatives.

In his opening remarks, Permanent Secretary of the Ministry of Agriculture and Food Security, Marcus Ogunbiyi, underscored that transforming Nigeria’s agricultural and food systems is not merely an aspiration but an urgent national imperative.

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Shamaki Congratulates Yari on Appointment as Tinubu’s Campaign DG

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A chieftain of the All Progressives Congress (APC), Shamakin Marafan Sokoto has congratulated Senator Abdul’aziz Yari Abubakar on his appointment as Director-General of the APC Presidential Campaign Council for the 2027 election.

Shamaki described Yari’s appointment as well deserved, saying his wealth of political experience, leadership qualities and proven track record contributed significantly to his emergence for the important position.

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He said Yari’s experience would play a key role in mobilising support and coordinating the APC’s campaign efforts towards ensuring the success of President Bola Ahmed Tinubu and the party in the 2027 presidential election.

According to him, the appointment reflects the confidence the APC leadership has in Yari’s capacity to deliver, particularly given his years of experience in politics and governance.

Shamaki expressed optimism that Yari would bring his vast political network and organisational skills

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Call Me Chairman, Not Tony!’: Elumelu’s Blunt Correction of Trainee Splits Internet as Old Video Sparks Double Standard Fury

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By Yusuf Danjuma Yunusa

A seemingly brief exchange between United Bank for Africa (UBA) Group Chairman, Tony Elumelu, and a female graduate trainee has erupted into a nationwide conversation about cultural values, corporate etiquette, and the politics of address, after a video of the interaction went viral on social media.

The incident occurred on Thursday, August 20, 2026, during an interactive session at the graduation ceremony for UBA’s Graduate Management Accelerated Programme (GMAP) in Lagos. In the now-viral clip, the trainee began her question by greeting the billionaire businessman with a casual, “Good morning, Tony.”

Mr. Elumelu, who was serving as a mentor at the event, promptly and firmly corrected her. According to multiple reports, he told her: “No, you won’t call me Tony. You call me Mr. Elumelu, or TOE, or Chairman.” He further justified his stance, explaining that he does not subscribe to what he termed the casual, Western-style familiarity in professional settings. “I don’t subscribe to that kind of Oyinbo life, okay!” he added.

The exchange has since polarized the Nigerian public, sparking a fierce debate on social media.

One faction of netizens has rallied behind Mr. Elumelu, arguing that the trainee’s address was a clear sign of disrespect, given his status as the chairman of a major financial institution and his seniority in age. Commentators argued that in a formal setting, the use of a title is a basic sign of respect. One social media user remarked, “Common sense should make you understand that at that moment, you are not talking to your friend, but what he is, a chairman or boss, or at least an adult that is obviously older than you.”

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Conversely, a second group has come to the trainee’s defense. They argue that modern corporate culture, even within Nigerian banks, often encourages a first-name basis to foster a more egalitarian and open work environment. A former UBA staff member, Innocent Istifanus Moses, confirmed that GMAP graduates are typically taught to address colleagues, including senior executives, by their first names. In his view, the trainee’s mistake was not irredeemable, and he advised her to issue a brief, sincere apology. “Mistake–briefly acknowledge–correct it– move on confidently,” wrote one observer.

Accusations of Double Standard Emerge

The debate took a sharper turn when an old video resurfaced online, showing Mr. Elumelu in a 2022 interview with Chisom Obi-Okoye, an MBA student at Stanford Graduate School of Business in the United States. In that footage, the student interviewer addressed him as “Hi Tony” multiple times without any objection or correction from the businessman.

This discovery has led to widespread accusations of a double standard. Critics argue that Mr. Elumelu is willing to accept the casual, “Oyinbo” culture he decried when it suits him in an international setting but enforces a rigid traditional hierarchy at home. One Facebook user, Awuzie Frankline, questioned the inconsistency, stating, “Respect should be consistent not dependent on someone’s status, location or social class.”

Defense: ‘When in Rome, Behave Like The Romans’

In defense of the UBA Chairman, supporters have argued that there is no contradiction, as the two situations occurred in vastly different cultural contexts. They contend that Mr. Elumelu was simply adapting to the norms of his environment—behaving like the Romans while in Rome, as it were. In a formal corporate setting in Nigeria, they argue, it is appropriate to demand the traditional respect that is due to one’s elders and superiors. As one commentator put it, the issue is about “the need to adjust to culture and nuance as they come.”

Beyond the immediate controversy, the incident has opened a wider conversation about generational differences, the clash between traditional African values and Western corporate norms, and the importance of navigating social cues in professional environments.

Jide Akintunde, a social commentator, expressed surprise at Mr. Elumelu’s objection, noting that his first name has been central to his public and industry branding for years. He suggested that the public correction, while perhaps justified, could have been handled privately to avoid humiliating the young trainee.

As of Friday, the young woman at the center of the storm has not made a public statement. The video, however, continues to trend, serving as a potent reminder of the intricate and often unspoken rules that govern professional and social interactions in Nigeria.

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President Tinubu Suspends Three Perm Secs as ICPC Uncovers Another Fake Agency in SGF Office

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By Yusuf Danjuma Yunusa

President Bola Tinubu has ordered the immediate arrest of George Nwabueze over the alleged operation of a fake government agency within the premises of the office of the secretary to the government of the federation (OSGF).

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The president also ordered the immediate suspension of three permanent secretaries following fresh findings by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in its investigation into alleged fake government agencies and weaknesses in public service processes.

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