Economy
Lagos To Broaden Youth Capacity In Agriculture
Lagos State Government, through the Ministry of Agriculture has restated its commitment to broaden capacity and stimulate the interest of youths in all value chains in the agriculture sector through intensive training and skill acquisition programmes.
The Commissioner for Agriculture, Toyin Suarau stated this during his working visit to the designated camp of the Agriculture Summer School programme for Secondary School students as part of the Ministry’s tour of Agric facilities in Epe Local Government and environs, adding that the Agric-Yes Summer School Programme was introduced by the government to provide secondary school students with the technical skills through an on-farm practical teaching and field demonstrations.
He explained that the two-week intensive training programme which will end on Friday 10th August, 2016 will empower students and make them understand the benefits inherent in agriculture as a money making venture and not as subsistence as most people perceived it.
Also speaking at the site of the Cage Culture System in Agbowa-Ikosi Community, Suarau noted the State government introduced the Cage Culture System in riverine communities as a tool of youth empowerment to promote fish farming, stressing that a lot of youths in riverine communities have shown interest in the initiative.
“Presently in Agbowa, 60 participants are currently undergoing training on how to make floating cages, nets and fish farming right on the natural water bodies. This system will save them the cost of pond construction, stress of changing water and sorting because the fishes will be in their natural environment”, he added.
The Commissioner however revealed that the participants will be trained for at least four months after which they are expected to harvest the first set of fish, before they are empowered by the government to make a living out of the acquired knowledge.
The Special Adviser to the Governor on Food Security Mr Sanni Okanlawon,in his remark at the Eko Rice Mill in Imota, Poka, Epe said the present administration will continue to look into every area and possible initiatives that will contribute to increasing the yield of farm produce in the State.
He added that in spite of the global climate change which constitutes a challenge to food security, the present administration will leave no stone unturned to address these challenges, promote food security and encourage investment in agriculture adding that this is part of the reasons why his office was created.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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