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SOUQ News TV Wins “SME-Centric Television Station of the Year” at Nigeria National SME Business Awards

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SOUQ News TV, Nigeria’s pioneering business, economic, and development television station, has won the SME-Centric Television Station of the Year Award at the 2024 Nigeria National SME Business Awards, organized by the Association of Small Business Owners of Nigeria (ASBON) in collaboration with the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment.

The station was presented the award at the fourth annual ceremony held at the Civic Centre on Victoria Island in Lagos. The award recognises SOUQ News TV’s instrumental role in shaping the narrative around SMEs’ economic contributions and providing them with a national platform for increased exposure.

Over the past year of operations, SOUQ News TV – a member of FemyWalsh Limited – has carved out a distinct niche for itself by offering extensive coverage and innovative programming dedicated particularly to SMEs, the backbone of Nigeria’s economy. This award emphasises the station’s critical role in creating the national debate around SMEs’ economic contributions and providing them with a platform to acquire nationwide prominence.

The Nigeria National SME Business Awards was attended by representatives of the Lagos and Ogun State governors, fellow awardees from the private and public sectors such as Wema Bank, Providus Bank, Fate Foundation, Jiji Nigeria, Lagos State Employment Trust Fund among others.

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According to ASBON President Dr. Femi Egbesola, the prestigious accolade is in recognition of SOUQ News TV for its exceptional commitment to supporting and empowering small and medium-sized enterprises. “The innovative solutions, unwavering dedication, and outstanding services in the SME sector by SOUQ News have set a commendable standard in the industry.

In his acceptance speech, Vice President of FemyWalsh Limited, Dr. Idahosa Osamhanze expressed delight at the recognition, describing it as an indication of SOUQ News TV’s unique and impactful coverage and reportage. “In an industry where business and economy news are not typically covered by television stations, SOUQ News is determined to use media to develop Nigeria and Africa’s economies by shaping policy through its coverage, highlighting positive business stories, and developing narratives that are beneficial to business owners.”

SOUQ News TV Chief Operating Officer Jide Taiwo added that the award is testament to the vision of the founder Victor Walsh Oluwafemi to establish a media company that caters exclusively to the business community, and that it is a spur to do more great work. “It’s a popular saying that the reward of hard work is more hard work, and this award tells us that we have an opportunity to do more.”

SOUQ News TV is a digital satellite broadcast station, licensed for operations in Nigeria and the United Arab Emirates. Its focus is business, development and the economy.

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Shettima becomes 1st VP to lead Nigeria’s delegation to UN Assembly in 25 yrs

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President Bola Ahmed Tinubu has decided not to attend the 79th United Nations General Assembly (UNGA) session in New York this year.

The president has thus directed Vice President Kashim Shettima to lead Nigeria’s delegation.

President Tinubu, who returned to the country last Sunday after his trip to China and the United Kingdom, according to a statement yesterday by his spokesman, Bayo Onanuga, wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding.

“At UNGA 79, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.”

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“The high-level General Debate, with the theme ‘Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations,’ will run from Tuesday, September 24, through Saturday, September 28, 2024,” the statement added.

Since return to democratic governance in 199, Shettima will be the first Vice President to Nigeria’s delegation to UNGA.

Only Goodluck Jonathan represented Nigeria as Acting president in September 2010 at the 65th UNGA, while late President Umaru Musa Yar’adua was away in Saudi Arabia due to his ill health.

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Plateau Assembly approves N5.8bn for LG election

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The Plateau State House of Assembly, on Thursday, approved N5.8bn for the conduct of the local government election in the state slated for October 9, 2024.

The approval by the House followed a communication from Governor Caleb Mutfwang, which was read at plenary by the Assembly Speaker, Gabriel Dewan.

The Speaker stated that the request was necessary as there was no budgetary allocation for the LG elections in the 2024 budget.

A member of the State Assembly, who declined to be named because he was not authorised to speak for the Assembly, confirmed the development to The PUNCH in Jos on Thursday.

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The lawmaker said, “Governor Mutfwang, at Tuesday’s plenary, sought the House’s approval for N5.7bn as the 2024 supplementary, which was increased after upward review by the legislators.”

He continued, “The House leader, Joseph Bukar, presented the bill during our plenary. While soliciting the support of members for speedy passage, he said PLASIEC was running out of time in preparation for the election.”

“In their individual contributions, Hon. Kalamu Dal suggested a downward review of the budget size, while Hon. Daniel Nanbol urged for a critical review and deliberations. Afterwards, members approved a revised sum of N5.8bn, as opposed to the N5.7bn requested.”

The increase, as explained by Bukar, was due to an increase in security allocation for the election, from N2.7m to N4.2m. “So, that is what happened, and that is where we are at the moment regarding the forthcoming LG election,” the lawmaker concluded.

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Enugu, Kwara tighten security ahead of LG polls

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Security measures have been intensified in Enugu and Kwara states ahead of their Local Government elections scheduled for Saturday, September 21, 2024.

In Enugu State, the Police Command has pledged to ensure the safety of lives and properties during the elections.

However, the peace accord signing for the elections was marred by the absence of major parties like the Peoples Democratic Party, All Progressives Congress, and Labour Party.

Only representatives from the All Progressives Grand Alliance and Accord attended but chose not to sign the accord, citing the lack of participation from the leading parties.

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Enugu State Commissioner of Police, Kanayo Uzuegbu, said all wards and flashpoints had been identified, and security personnel would be on high alert to prevent any disruptions.

The Chairman of the Enugu State Independent Electoral Commission, Prof. Chris Ngwu, said the commission was fully prepared for the elections with the support of the state government in procuring necessary materials.

In Kwara State, security agencies have been actively coordinating to ensure a smooth electoral process.

Over 3,000 personnel from the Nigeria Security and Civil Defence Corps have been deployed across the state.

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The Kwara State Independent Electoral Commission has completed arrangements for a trouble-free election.

Kwara State Police Public Relations Officer, Toun Ejire-Adeyemi, reported that a strategic meeting with heads of various security agencies, including the Nigerian Army, Navy, Air Force, and others, had been held to ensure coordinated efforts for maintaining law and order.

The Commissioner of Police, Victor Olaiya, guaranteed maximum security for the election period.

The NSCDC Commandant, Dr. Umar Mohammed, announced the deployment of 3,000 personnel to various polling units and emphasised their role in preventing violence, ballot snatching, and other disruptions.

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Meanwhile, the Chairman of the Benue State Independent Electoral Commission, Telumun Tombowua, announced on Thursday that eight political parties will participate in the upcoming LG elections in the state, scheduled for October 5, 2024.

Addressing journalists in Makurdi, Tombowua said the election would be conducted fairly and transparently.

He emphasised that the law establishing the BSIEC does not permit the use of Bimodal Voter Accreditation Machines for this election.

Regarding the APC, Tombowua confirmed that the National Working Committee of the party had requested the commission to work with the seven-man caretaker committee appointed to oversee party affairs in the state.

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He noted that while 14 parties had initially shown interest, only eight completed the necessary processes and submitted their candidates.

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