General
1,500 Niger Delta Amnesty Beneficiaries to Get NIRSAL Loans
By Adedapo Adesanya
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is set to extend the single-digit interest loans to 1,500 ex-agitators trained under the Presidential Amnesty Programme (PAP) in the Niger Delta region.
According to a statement, Mr Milland Dikio, the Interim Administrator of PAP said the initiative is part of the efforts to raise the economic prospects of people of the region by attracting financial support for small and medium scale enterprises.
He urged the beneficiaries to judiciously use the NIRSAL loans to become successful entrepreneurs, warning them against misuse of the facility, adding that diverting the facility would create more hardship for them and the region.
NIRSAL is a Central Bank of Nigeria backed programme targeted for entrepreneurs in the agricultural value chain at a concessionary interest rate of nine per cent.
The training, which took place at designated centres in Delta, Rivers, Bayelsa and Akwa Ibom States, was in continuation of a programme for NIRSAL loans which PAP commenced in November 2021.
Represented by the Head of Reintegration, Mr Alfred Kemepado, Mr Dikio said that the training would help the beneficiaries of the loan to grow their businesses and mitigate risks, saying that the focus was to facilitate and enhance single-digit interest loans for entrepreneurs in the region.
At the Yenagoa and Port Harcourt Centers, Mr Dikio who spoke through his Special Adviser on Projects, Mr Godwin Ekpo asked the beneficiaries to form cooperatives and focus on agriculture.
“The facilitators were very engaging and it just gives us hope and we are hopeful that once we are done with this set and we go into the next batches, the subsequent things we will do with these people will yield results.
“We have asked them to form themselves into cooperatives, look at the Agriculture value chain, production, processing, packaging and logistics end to see where they fit in.
“A lot of them have shown interest and I am hoping that maybe by tomorrow they will form themselves into different clusters in the value chain of several products.
“We are saying to everybody that cares to hear is that the Niger Delta is ready for development. Come back to the Niger Delta, come back and invest here. We are ready to receive you and we are ready to support you.” Mr Dikio said.
In Warri, through a senior Reintegration Officer in PAP, Mr Benjamin Appah, he explained how the beneficiaries were drawn across the region for the various centres.
“The names were compiled across impacted communities, PAP success stories, PAP cooperatives and the documented bonafide beneficiaries of the Amnesty Programme.
“We received the names through their camp leaders, their cooperatives and the post-training units.
“We also gathered from the success stories of people who have been previously empowered by the amnesty office and are doing well in their businesses.
“So the office of the Interim Administrator thought it wise to say that since they are doing well in their businesses, why don’t we help them expand.
“This loan is a scheme organized by the Federal government of Nigeria.
“However, PAP decided to bridge that gap and facilitate training by engaging a consultant who will train beneficiaries and show them the prerequisite of accessing the loan and also guide them through getting a credible business plan.
“In a nutshell, the current PAP administration is trying to facilitate the access for the beneficiaries to benefit from the Federal Government’s single-digit collateral-free loan programme.
“All the beneficiaries have to do is come down to their training centres, receive their training, and the office is responsible for all the other expenses that qualify them,” Mr Appah said.
Certificates of participation were issued to the beneficiaries across all centres at the end of the five-day workshop.
The certificate qualified the beneficiaries for other Central Bank of Nigeria, accredited loans, grants and credit facilities.
General
ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
General
FG Declares Holidays for Christmas, New Year Celebrations
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
General
Dangote Refinery Warns Against Artificial Petrol Scarcity
By Modupe Gbadeyanka
Local crude oil refiner, Dangote Petroleum Refinery, has kicked against attempts to put consumers of premium motor spirit (PMS), otherwise known as petrol, under untold hardship in the country.
The company, which commenced nationwide sales of the product at a pump price of N739 per litre across all MRS Oil Nigeria Plc filling stations, appealed to Nigerians to report any of its marketers who sell above this price.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable.
“We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the Lagos-based refinery said in a statement.
It noted that the significant price reduction was part of its mission to deliver affordable fuel to consumers and stabilize the downstream petroleum market.
With over 2,000 MRS stations nationwide, the new pricing is expected to be implemented across all outlets, ensuring that the benefits of this reduction reach consumers nationwide.
Dangote Refinery applauded marketers who have embraced the new pricing regime and urged others to follow suit in the interest of national economic recovery.
“We commend MRS and other marketers who have demonstrated patriotism by reflecting the reduced price at the pump. We call on others to join this effort as a show of support for Nigeria’s economic recovery,” the refinery stated.
Historically, the festive season has been associated with fuel scarcity and sharp price hikes. However, Dangote Refinery has delivered a decisive market intervention—crashing pump prices at a time when Nigerians typically brace for hardship. Backed by a guaranteed daily supply of 50 million litres, this initiative fundamentally alters the supply dynamics during the holiday period.
By refining locally at scale, the refinery is reducing Nigeria’s exposure to volatile global markets, conserving foreign exchange, stabilizing the Naira, and strengthening energy security. This sustained price cut and steady supply are providing relief to households, businesses, and transport operators nationwide.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
“We encourage Nigerians to avoid buying PMS at excessively high prices when they can access locally refined fuel at N739 per litre from over 2,000 MRS stations nationwide. Report any MRS station selling above N739 per litre by calling 0800 123 5264,” the refinery said.
“We also call on other petrol station operators to patronize our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market,” it added, reaffirming its commitment to steady supply, price moderation, and energy security, emphasizing that its operations are anchored on long-term national interest rather than short-term market pressures.
“Our objective remains clear: to ensure consistent supply of high-quality petroleum products at affordable prices for Nigerians, while supporting economic stability and reducing dependence on imports,” the refinery concluded.
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