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Seye Olurotimi of MSME Africa Emerges 2021 FATE SME Journalist

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Seye Olurotimi FATE SME Journalist

By Aduragbemi Omiyale

The founder and publisher of MSME Africa, Mr Seye Olurotimi, has become the 2021 FATE SME Journalist.

The respected media practitioner was bestowed with the honour at the FATE Foundation 2021 Annual Celebration and Events held recently.

The award is meant for a journalist within the Nigeria MSME/entrepreneurship space who must be attached to a media house. Entries for the award must have been published between December 2020 and October 1, 2021.

Mr Olurotimi, who is also a Marketing Communications and SME Branding expert, is passionate about enterprise development and has worked with hundreds of entrepreneurs and is the convener of the prestigious MSME Dialogue and also a member of the MSME Community of the practice of the Nigeria Economic Summit Group (NESG).

Speaking on the award, Mr Olurotimi expressed his appreciation to “FATE Foundation for this recognition and I consider it a call to do more.”

“I am dedicating this to the over 41 million MSMEs in Nigeria who despite all odds are weathering the storm, displaying grit and resilience while coping with the peculiarities and challenges of our business environment,” he further said.

“I started MSME Africa in the thick of COVID-19 and lockdown in May 2020. The idea was to provide timely information and details about opportunities to MSMEs, startup and entrepreneurs.

“The vision has since grown bigger and in 18 months, [we have received] two awards, [recorded] 274,038 users of the platform, [have] a thriving community of entrepreneurs, [had] meaningful collaboration and many more, yet, and we are just starting,” he enthused.

MSME Africa is Africa’s leading news media, opportunities, capacity building, business articles and resources platform for small business owners.

The platform aims to be a major voice for MSMEs in Africa, fostering the culture of entrepreneurship, building the capacities of entrepreneurs and influencing policies on issues that affect entrepreneurs, startups and MSMEs.

MSME Africa attracts daily traffic from budding entrepreneurs, business leaders, founders, CEOs, directors, industry icons, as well as other players and stakeholders within the MSME ecosystem.

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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Dangote monopoly Political Economy of Failure

By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“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 statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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ANLCA Airport Chapter

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.

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FG Declares Holidays for Christmas, New Year Celebrations

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as public holidays

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.

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