Category: Business Day

Uba Sani, the executive Governor of Kaduna State, has approved the 100 per cent implementation of the revised 2024 CONMESS and CONHESS, worth over ?518 million monthly and ?6.2 billion annually, a move that ended more than a decade of stagnation in health workers’ pay and restored dignity to medical practice.

Health sector unions in Kaduna State, through a joint press conference, have commended Governor Uba Sani for what they described as historic reforms that have transformed the state’s healthcare system. These were the Nigeria Medical Association (NMA), Association of Resident Doctors (ARD), National Association of Nigerian Nurses and Midwives (NANNM), Medical and Health Workers Union of Nigeria (MHWUN), Association of Medical Laboratory Scientists (AMLSN), and the Joint Health Sector Union (JOHESU).

The unions hailed directives for local councils to begin payment of 60 per cent CONHESS for primary healthcare staff, automatic employment of 2025 Kaduna State University medical graduates as House Officers, and the reintroduction of a three-year bond system for state-sponsored medical students and resident doctors. They also praised infrastructural strides, including a new 300-bed specialist hospital, renovation of 15 general hospitals, revitalisation of 200 primary healthcare centres, construction of oxygen plants and baby-care units across senatorial zones, procurement of advanced equipment and ambulances, and annual recruitment of 1,800 health workers.

‘Governor Sani has restored confidence, strengthened retention, and positioned Kaduna as a model for others to emulate,’ the unions declared.

Irrespective of the time of the year, the social media in Nigeria is abuzz with conversations about the housing conditions in the country. From complaints about the rising cost of house rents across the country, to many sharing some sour experiences in the hands of shylock landlords, and greedy agents.

When the rainy season arrives, as it has already, another question arises. How does the money paid for rents translate into security from the impact of the rains and their attendant floods? BusinessDay’s September TalkExchange Poll aims to capture the reality behind the social media conversations around housing in Nigeria. What is the real cost of housing in Nigeria, and what are the biggest challenges to housing in Nigeria?

Nigeria’s U20 side, the Flying Eagles, will take on Saudi Arabia in their second match of the FIFA U-20 World Cup in Talca on Thursday night.

After a 1-0 defeat to Norway in their Group F opener, the seven-time African champions are eager to bounce back and keep their hopes of advancing alive.

Despite dominating possession and creating several chances in the match against Norway,

Nigeria was unfortunate not to find the equalizer in the second half. The Flying Eagles were denied two penalty appeals by the referee, leaving them frustrated in what was otherwise a promising performance. A win against Saudi Arabia will boost Nigeria’s chances of progressing to the Round of 16, especially with a tough match against Colombia coming up on Sunday.

Head coach, Aliyu Zubair, remains confident that his team has recovered from the disappointment of the Norway defeat.

His focus now is on ensuring the squad delivers the right result against Saudi Arabia. With all key players available,

Zubair is expected to stick with his preferred 4-3-3 formation, emphasizing attacking play and ball possession.

Mainstream Energy Solutions Limited (MESL), in a bid to advance the Nigerian energy landscape, has signed an agreement with Granville Energy (PTY) Limited to design, build, finance, and operate a 100 megawatt (MW) floating solar power plant at the Kainji hydro power plant.

Speaking during the signing ceremony in Abuja on Tuesday, Sani Bello, Chairman, Board of Directors, Mainstream Energy Solutions, said that the project is a significant step forward in the company’s mission to transform Nigeria’s energy landscape.

He explained that when fully operational, the project will provide thousands of Nigerian homes and businesses with clean, reliable energy, supporting economic development while minimising environmental impact.

‘We are proud to partner with Granville Energy (PTY) Limited to design, build, finance, and operate a 100MW floating solar power plant at the Kainji hydro power plant. This pioneer project embodies our unwavering commitment to increasing power generation in Nigeria while promoting sustainable and environmentally friendly solutions.

‘As an organisation. We have consistently demonstrated our commitment to renewable energy, aligning this with our mission statement and the focus areas of our Corporate Social Responsibility interventions. This MOU signing is a testament to our resolve to drive positive change and contribute to Nigeria’s economic growth.

‘This aligns perfectly with our core objective: powering Nigeria’s economic growth in an environmentally responsible manner,’ he said.

In his remarks, Abba Aliyu, Managing Director, Rural Electrification Agency (REA) noted that Nigeria currently have the highest number of people without electricity, with most of these people located in the rural and urban areas of the country.

For him, the most economically viable means of providing them with electricity is through distributed renewable energy, through the deployment of renewable sources.

‘For us to have an opportunity where 100 megawatts of renewable energy can be injected into the grid, for us, this is a huge and significant increase in the renewable mix of the country. I will say that apart from the Azura, which was 450 megawatts that was added as a Greenfield, and Zungeru, which mainstream is very much active in managing that, there is no significant renewable capacity that has been added to the grid.

‘Initially, the Rural Electrification Agency is currently working on injecting about 188.4 megawatts through interconnected mini-grids, one of which we intend to be the first to will do the floating solar in the University of Lagos, where we will put the panels by the side of the lagoon to power the University of Lagos.

‘But definitely, the commitment of the mainstream and the partners, Granville Energy, is something that the federal government will always have pleasure in and will always key into it.

He said that Nigeria needs to increase the generation capacity, hence the need to deploy more renewable resources and an innovative model like this that harnesses the space around the hydro and creates a floating solar.

He also advised the companies that the project should come with its own distribution network, SCADA system, and full meters to enhance the commercial viability of the project, adding that without these, the commercial viability of the renewable project can never be sustained.

‘This is an ingenious, complex framework that must be encouraged, and for the Rural Electrification Agency, we would like to be part of this initiative, key into it, support it, and in any way also learn from how we will do that, how we will deploy it at this level of capacity,’ he added.

Also speaking, Tabi T. Tabi, Chief Executive Officer, Granville Energy, said that the MOU commits both parties to the development of the Kainji Floating Solar Plant, which is intended to reach a total capacity of 1,000 megawatts (1 Gigawatt).

He explained that the immediate focus is the rapid deployment of phase one, which will add 100 MW of hybrid renewable power to the grid. ‘This multi-gigawatt vision is a testament to what is possible when two African giants-Nigeria and South Africa-collaborate,’ he said.

Tabi noted that by deploying high-efficiency solar panels directly onto the surface of the Kainji reservoir, the project will deliver a powerful hybrid system. This synergy, he said, ensures that when the sun shines brightest, it generates solar power; and when it sets, or when water flow fluctuates, the stabilised output of the hydro plant and the power from the battery energy storage systems step in, providing consistent, reliable power to the national grid.

‘Floating solar is a win for water management. By covering a section of the reservoir, we drastically reduce water evaporation-a critical benefit for a nation balancing energy production with agricultural and domestic water needs.

‘This first 100 MW phase is the down payment on a larger vision that will, upon completion, provide 1,000 MW of new, clean capacity, dramatically cutting carbon emissions and cementing Nigeria’s commitment to the goals of the Paris Agreement and its long-term climate targets,’ he said

Peter Obi, Labour Party (LP) candidate in the 2023 general election, has urged governments at all levels to act with compassion, fairness, and a deep sense of justice when dealing with issues affecting the people, especially at this difficult time.

Obi stated this on Wednesday after visiting the Lagos International Trade Fair site that was recently affected by demolition in Lagos

Obi, writing on his X handle, noted that many of the affected traders invested heavily – often through loans – in the hope of securing their livelihoods and contributing to the wider economy.

‘To destroy such legitimate investments without due process is not only unjust but also economically destructive.

‘Today, alongside Senators Enyinnaya Abaribe, Victor Umeh, Col. Austin Akobundu, Tony Nwoye, Honourable Members of the House of Representatives, Segun Sowonmi, George Adegeye, Labour Party Lagos State Gubernatorial candidate, Gbadebo Rhodes-Vivour and coordinator of the Obidient Movement Tanko Yunusa, we visited the site of the demolished ASPAMDA Market at the Trade Fair in Lagos, where plazas were pulled down despite traders having obtained the requisite approvals.’ He commended the traders for their remarkable restraint and calm in the face of such painful loss.

This is as he equally commended the senators and the House of Representatives members who pledged to investigate this matter thoroughly and bring to light the circumstances that led to the development, and most importantly, ensure that the situation does not occur in the future.

Obi noted that ‘a society that seeks to make progress must protect enterprise, encourage productivity, and defend the dignity of its citizens.’

According to him, ‘Incidents like this should have no place in a nation that aspires to fairness, stability, and shared prosperity.’

ýAs a way of encouraging start-ups floated by youths in the State, the Administration of Governor Abba Kabir Yusuf, has distributed the sum of N800 million to distributed to business owned by youths.

The special intervention programme flagged off on Tuesday, in Kano, is said to be designed at supporting young entrepreneurs to start and expand their businesses.

Governor Abba said that the disbursement of the money is with immediate effect, across the 44 Local Government Areas of the State.

Governor Abba gave the directive, while launching the programme that a total of 5,384 young men and women selected as beneficiaries of the programme are to received ?150,000, each.

He noted that the programme was initiated as part of the administration’s commitment to improving the lives of young people in the State.

ýGovernor Yusuf noted that the initiative was designed to help youths become active members of the business community and contribute to societal progress.

ýHe urged the beneficiaries to make the best use of the funds to grow their ventures and secure a better future.

ýHe also appealed to those who are still on the waiting list to remain patient, assuring them that the second tranche of the programme will be released soon.

ýThe governor reaffirmed that his administration would continue to prioritise policies and programmes that empower young people and create sustainable livelihoods across Kano State.

Sources told BusinessDay that the bulk of the beneficiaries of the programme were picked from among the hundred of youths that were rehabilited from being political Tmthugs across the State.

Kano, Nigeria ‘s most populated State has been experiencing escalation in youths restifuness in the recent times, due to what experts attributed to mounting unemployment among the youths in the state.

The disbursement of the money to the beneficiaries, who are mostly street boys, is expected to reduce the escalation in urban crimes, largely been driven by the unemployed youths

Shabana Mahmood, the United Kingdom’s (UK) Home Secretary, has confirmed that the path to Indefinite Leave to Remain (ILR) will soon be doubled to a ten-year qualifying period and subject to new ‘contribution-based’ requirements.

In her inaugural conference speech as home secretary, the Labour MP confirmed the significant policy shift, arguing that the public’s loss of faith in the immigration system was creating an environment where Britain could no longer afford to be ‘open, tolerant and generous’. End of automatic settlement

Mahmood further outlined plans to introduce a series of new, stringent ‘good citizen’ tests which migrants must pass to earn permanent residency.

‘We will soon increase the time in which someone must have lived in this country to earn indefinite leave to remain from five years to ten,’ she said.

‘And as part of that consultation, I will be proposing a series of new tests.’

These new conditions will reportedly include:

Being at work and making National Insurance contributions.

Not claiming a penny in benefits.

Attaining a high standard of English.

Having no criminal record. Demonstrating that they have truly given back to their community, such as through volunteering. Mahmood stated that those who fail to meet these new conditions should not be automatically granted ILR. The new system will allow high contributors to qualify for settlement in less than ten years, but others could face a longer wait or be barred from ILR entirely.

‘Time spent in this country alone is not enough,’ she asserted. ‘Just like my parents, you must earn the right to live in this country for good.’

The announcement was immediately followed by confusion over whether the stricter rules would apply to migrants who have recently arrived in the UK.

While sources initially indicate that the policy would not apply retrospectively to those already in the country, reports later suggested the government is wrestling with how to prevent a large cohort of recent arrivals from securing automatic ILR under current rules.

Mahmod is considering an emergency retrospective law, changes that could affect around one million migrants, including Nigerians who entered the UK after 2021 under the post-Brexit immigration system.

Insiders suggested the government was prepared to defend the expected legal challenges

However, it has been confirmed that the new ‘good citizen’ tests themselves would be too complex to impose on those already here.

Instead, ministers will seek a separate, faster mechanism to prevent migrants who arrived after 2021 from securing settlement after five years, though this mechanism is expected to be less demanding than the planned new ILR system.

‘Across this country, people feel like things are spinning out of control,’ she said, pointing to the arrivals of small boats and widespread illegal working as key drivers of this distrust.

The proposed changes are subject to a public consultation, following which the government is expected to make its final legislative decisions.

Heliconia Park has officially opened the doors of its newest and third destination, the Heliconia Park Port Harcourt Hotel and Golf Resort. The launch is said to mark a significant milestone for the brand, bringing a new standard of hospitality, lifestyle, and leisure to Port Harcourt.

According to the owners, guided by a vision that blends refined elegance with tailored experiences, the resort is said to reaffirm Heliconia Park’s mission to deliver secure, stylish, and welcoming spaces for both business and leisure guests.

Set within the quiet Intels Camp, Aba Road Estate, the resort says it is designed to be more than a place to stay.

With a golf course, and stylish suites the hotel combines Italian sophistication with African warmth, fine dining restaurants that are said to celebrate global and local cuisines, swing pool, tennis court, squash amidst sumptuous green areas, the Port Harcourt resort is seen as a destination where comfort meets timeless elegance, and every detail has been created to welcome guests with warmth and a sense of belonging, according to the promoters.

Speaking at the launch, Pasquale Fiore, the CEO of Heliconia Park, said: ‘This is not just another hotel. This is a destination and a home for excellence. Port Harcourt has long been a hub of energy, commerce, and culture, and by investing here we reaffirm our commitment to this city, its people, and its future. Heliconia Park was founded on the belief that true luxury is welcoming, personal, and tailored, and this resort embodies that very spirit.’

He went on: ‘We started Heliconia Park in 2022 with the opening of its first hotel in Port Harcourt, followed by the Lagos Luxury Apartments and Suites in 2024, officially inaugurated in February 2025. The launch marks a significant milestone in the brand’s growth journey in Nigeria, each chapter reflecting a vision of fine hospitality rooted in excellence, inspired by culture, and crafted with timeless standards of service.’

Also speaking at the event, Mike Epelle, Director at Heliconia Park, remarked: ‘The arrival of Heliconia Park Hotel and Golf Resort is a welcome addition to Port Harcourt. It reflects the city’s growing appeal as both a business and leisure hub, and we are proud to see such an investment that will not only elevate hospitality standards but also contribute to local tourism and economic growth.’

The launch of the Port Harcourt Hotel and Golf Resort underscores Heliconia Park’s philosophy of ‘Approachable Luxury,’ where prestige meets comfort and every guest feels both valued and at home. It is also a powerful reaffirmation of the brand’s growth journey, from its beginnings in Port Harcourt, to Lagos, and now back to the Garden City with a bold new resort, positioning Heliconia Park as one of Nigeria’s most dynamic luxury hospitality brands.

Heliconia Park is indicated as a home-grown Nigerian luxury hospitality brand redefining the guest experience with secure, stylish destinations, guided by its philosophy of ‘Approachable Luxury.’ Founded in 2022 with the launch of Heliconia Park Hotel and Suites in Port Harcourt, the brand says it has has since expanded with the Lagos Luxury Apartments and Suites in 2025 and now celebrates its third branch, the Heliconia Park Port Harcourt Hotel and Golf Resort.

It is located within the prestigious INTELS Aba Road Estate, the resort is both a retreat and a lifestyle destination. With event facilities, fine dining, pools, tennis courts, and a golf course, it reflects Heliconia Park’s mission to create elevated spaces and warm service where every guest feels at home.

Kano State Governor, Abba Kabir Yusuf, has announced new opportunities in school feeding, healthcare, and foreign investments for the state following Kano’s participation at the 80th Session of the United Nations General Assembly (UNGA80) High-Level Week in New York.

The governor, who was represented at the event by the Emir of Kano, His Highness Khalifah Muhammad Sanusi II, and the Director-General of the Kano State Investment Promotion Agency (Kan-Invest), Muhammad Naziru Halliru, said the engagements created fresh avenues that will boost human development and economic growth across Kano.

One of the major outcomes was the discussion on school feeding programmes. Emir Sanusi met with Kenyan entrepreneur and founder of Food4Education, Wawira Njiru, to explore collaboration aimed at expanding school feeding in Kano. The talks also involved the possibility of accessing African Development Bank funds already earmarked for African school feeding initiatives. Governor Yusuf explained that such a move was vital in tackling malnutrition among pupils, keeping children in school, and raising academic performance. He stressed that investing in children’s nutrition was an investment in Kano’s future, since well-fed children are more likely to stay focused in class and become productive citizens.

The delegation also highlighted Kano’s healthcare needs and reforms during engagements with global stakeholders. At the Bill and Melinda Gates Foundation Goalkeepers Event, the team presented Kano’s challenges in maternal health, immunisation, and access to primary healthcare. Governor Yusuf emphasised that forging global partnerships in the health sector was crucial to addressing service delivery gaps, especially in rural communities. He explained that the administration was already working to expand health facilities, ensure steady drug supply, and recruit more healthcare professionals to meet the growing needs of the people.

On the economic front, Kano showcased its vast investment opportunities at the Global Compact: Unstoppable Africa and the Cavista Holdings/Corporate Council on Africa Summit. The state presented itself as a potential hub for global investors by stressing its market size, agricultural resources, and skilled workforce. Yusuf revealed that the state government would soon unveil a five-year multi-sectoral investment strategic plan that would serve as a roadmap for attracting foreign direct investment, expanding job opportunities, and increasing internally generated revenue. He declared that Kano, being Nigeria’s most populous state, was positioning itself as the leading investment hub not just in Northern Nigeria but in the entire country. The governor commended Emir Sanusi for representing Kano with distinction at UNGA80. He said the emir’s international recognition, experience in economic matters, and global contacts gave the state an advantage during its engagements. Sanusi, a former governor of the Central Bank of Nigeria and a respected voice on financial inclusion, was well received at the various side events, where he reinforced Kano’s commitment to reforms and global cooperation. Yusuf described the emir as a strong ambassador for the state whose presence elevated the quality of the conversations held with international partners.

According to the governor, Kano’s participation in UNGA80 is in line with his administration’s broader vision of linking the state to global networks of development, investment, and innovation. He maintained that Kano could not rely solely on internal resources to meet its pressing challenges in education, healthcare, and the economy. Instead, it must embrace global partnerships that can provide funding, technical expertise, and new ideas. He noted that the results of these efforts were already showing in the interest expressed by international partners and organisations that engaged with the Kano delegation.

Observers believe Kano’s involvement at UNGA80 could prove to be a turning point if the discussions lead to concrete outcomes. The possible partnership with Food4Education, for example, could have a major impact on thousands of children in public schools by improving access to meals and encouraging attendance. Similarly, the state’s pitch at international investment summits may attract new industries that would create jobs, stimulate commerce, and reduce poverty.

Yusuf assured the people of Kano that his administration would not allow the outcomes of UNGA80 to end as mere conference appearances. He pledged that all commitments made in New York would be followed up and converted into tangible results for the benefit of the state. He added that his government was not interested in attending global meetings for photo opportunities but was determined to bring back solutions, partnerships, and investments that would directly improve lives.

The Niger Delta Development Commission (NDDC) partnered with the Society of Women Accountants of Nigeria (SWAN), Port Harcourt and District to train 180 female entrepreneurs in the Niger Delta.

The training took almost all of one-week last week and ended with a colourful graduation ceremony at the impressive Horlinks Event Centre in the Marine Base area of the Garden City.

Amaka Ekaba, a fellow of ICAN, who is the Rapporteur-General of SWAN, produced a report that was read and adopted at the closing ceremony with huge applause. The report recognized Chiedu Ebie, Chairman, NDDC Governing Board; Samuel Ogbuju, Managing Director/CEO, NDDC; Boma Iyaye, Executive Director, Finance and Administration of the NDDC; Victor Antai, NDDC Executive Director, Projects; Ifedayo Agbegunde, Executive Director, Corporate Services, the entire NDDC management team; captains of industry; ICAN Chairmen; members of SWAN; and the distinguished lady entrepreneurs. Ekaba’s report said the workshop, held at the NDDC Event Centre, Port Harcourt from 22nd-25th September 2025, was attended by 180 Niger Delta Women Entrepreneurs, 20 SWAN members (including facilitators and organizers), NDDC Directors and 11 CID staff daily for quality assurance. ‘It was declared open by Ogbuku, (MD, NDDC), represented by Antai (ED Projects).

‘In their opening addresses, Ogbuku, Ehiorobo Friday (Director, CID), and Isioma Onwo (Chairperson, SWAN) emphasized the importance of financial literacy and capacity building for women entrepreneurs, affirming that empowering women translates to empowering families and the wider nation. Participants were urged to take the training seriously for business growth and sustainability.’

On the technical papers, Ekaba reported thus: ‘Seven technical sessions were held during the training. Paper one was: Introduction to Bank and Social Media Account Opening by Franca Ikhinwmin. Bank and social media accounts are vital for SME growth, providing credibility and market access. Participants were introduced to Facebook, LinkedIn, Instagram, and X, and guided on leveraging these platforms to promote their businesses.

‘Paper two was on Introduction to Bookkeeping by the 29th Chairman of ICAN Port Harcourt and District, Helen Irobuisi. Bookkeeping involves systematic daily recording of financial transactions, including tracking income, expenses, and filing source documents. Participants were advised to open key books of accounts (Cash Book, Sales Book, Purchase Book, Stock Register, etc), pay themselves salaries, and separate personal finances from business finances.

‘Paper three was on Tax Awareness. Anchored by the Pioneer Chairman of ICAN Obio Akpor and District, Chioma Ojukwu.

Nigeria’s tax system and the 2025 Tax Act reforms were explained, highlighting new exemptions, levies, VAT changes, and mandatory e-invoicing. Participants were urged to record all business expenses for tax deductions, seek professional tax advice, and consider upgrading from enterprise to limited liability company.’

The report went on to state how Paper four reviewed Record Keeping and Filing by Eme Akpa. ‘Effective record keeping requires tools such as cloud storage, scanning apps, backups, and organized physical files. Participants were cautioned against poor practices such as reliance on memory, scattered files, and lack of proper backups.

‘Paper 5 – Introducing Accounting Applications: Excel and Quick Books by Victoria Adele. Participants were introduced to Excel and QuickBooks for bookkeeping, financial reporting, and preparation of statements. Both tools were emphasized as critical for improving speed, accuracy, and automation, while reducing manual errors.’

On Paper six, ‘Internal Controls was by Peace Wills. Internal controls, including segregation of duties, reconciliations, and safeguarding assets, are crucial for protecting resources, preventing fraud, and building trust. Participants were urged to adopt tools such as vouchers, approval limits, and receipts, and to avoid mixing personal and business finances, with the reminder: What you don’t control will control you.”

Her report said Paper seven dealt with Financial Literacy by Olabisi Bamisile. ‘Financial planning emphasized budgeting, saving, building emergency funds, avoiding debt traps, and teaching financial values. Participants were introduced to a few investment platforms, cooperative savings, and insurance for wealth creation and long-term resilience.

‘Finally, Fidelity Bank Plc also encouraged the women entrepreneurs to take advantage of various packages geared towards supporting their businesses such as the ‘FUNDHER’ package.’

Giving insight into the essence of the training, Onwo, the SWAN chairperson, said: ‘Through our research, we found out that a lot of small and medium sized businesses fail just because of lack of proper record keeping. SWAN PH thought it wise that women entrepreneurs be trained so they can do business more professionally and profitably. For instance, a lot of the participants told us they did not even know they were supposed to keep their personal finances separate from their business finances.’