Business
300 youths compete in SMEDAN talent hunt in Kaduna State
No fewer than 300 youths and women with innovative ideas in fashion, arts and craft are participating in a Talent Hunt Competition in Kaduna.
The competition is organised by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to identify and sponsor young men and women entrepreneurs in fashion and the arts.
Nationaltrail reports that the participants, drawn from four states, including Akwa Ibom, Enugu, Gombe and Kaduna, are competing in fashion, arts and crafts.
The hunt has the theme: “Breaking Convention, Sparking Innovation.“
The Director-General of the SMEDAN, Dr. Dikko Umaru Radda, said the programme was designed to discover hidden talents and showcase innovative talents in fashion, arts and craft to boost the economy.
Radda said that the hunt was expected to provide an avenue for wealth creation and self-reliance, thereby reducing poverty among youths in the country.
“It is a complete hand-holding programme from identification, selection, to start-up with enterprise support opportunity and facilitating necessary linkages and visibility.
“We partnered with We Innovation Hub on the provision of Business Development Services for all the finalists.
“ Arts and Craft will be identified and supported with financial assistance and technical support through entrepreneurship training, “ he said.
He said that the selected participants would present their ideas to the panel of judges for evaluation and subsequent selection of the best 10.
“The best 10 ideas will be empowered through further capacity development, linkages and visibility via e-marketing,“ Radda said.
According to him, the innovators who emerge first, second and third positions among the best 10 in each location will be further empowered financially and technically.
“Because the creative economy is a key component of the modern post-industrial knowledge-based economies, the agency is collaborating with the National Council for Arts and Culture (NCAC).
“The Agency is partnering with State Governments to select an entrepreneur per location out of several applicants that responded to our call for status update, “he said.
The SMEDAN boss said that there was huge market for wearing apparel – Fashion, Arts/Craft through the AGOA export window and other international markets.
He, however, lamented that Nigeria was yet to tap those markets due to the nation’s inability to meet the standard and specifications of the international markets.
He said smaller countries like Ghana, Mauritius and Lesotho were already benefiting hugely from the markets.
Gov. Nasiru El-Rufai said the idea of the hunt could not have come at a better time, when the government was looking at ways to improve and expand the development of the state’s economy and revenue drive.
El-Rufai, who was represented by the Commissioner for Commerce, Industry and Tourism, Ruth Alkali, assured of the state government’s commitment to partner with agencies like SMEDAN.
He said such collaboration would enable government to come up with more ways of creating employment opportunities for youths through skills acquisition programmes that would make them self-reliant and reduce poverty.
He commended the agency for the initiative, which he, said would contribute to the development of the economy of the state.
The governor urged the participants to take advantage of the opportunity to develop and harness their skills to their best abilities by working hard to ensure that they become successful and self- reliant.
Business
Umahi Inspects Lekki Corridor’s 7th Axial Road Project, Expresses Confidence in CHEC
Minister of Works Senator Dave Umahi over the weekend inspected the progress of the 7th Axial Road project in the Lekki Corridor of Lagos.
The project, located behind the Dangote Refinery, is a crucial cargo handling route for the Lekki Deepwater Port and connects the Lekki Corridor with the Sagamu route.
The Minister expressed confidence in China Harbour Engineering Company Limited (CHEC), the project’s contractor, citing its successful delivery of the Lekki Deepwater Port and high-quality progress on the Makurdi-Enugu road reconstruction and expansion project. Umahi instructed that the roadbed filling work for Project LOT1 be completed by the end of April and directed the project team to accelerate resource input and tangible works to meet the deadline.
The 7th Axial Highway is expected to synergize with key infrastructure projects like the Coastal Road, Dangote Road, and Lekki Port, creating a comprehensive transportation hub model and boosting Nigeria’s port economy and industrial corridor. Umahi emphasized the need for environmental protection agencies to ensure efficient construction and steady progress while maintaining ecological safety.
A representative of CHEC who spoke during the inspection stated that the company would maintain a high level of resource input, implement the Minister’s directives, and coordinate safety, quality, and environmental protection to ensure the project’s timely and high-quality completion in other to unluck its port relief and regional economic benefits.
Business
Nestoil: Lagos CP dragged to court for contempt, risks imprisonment
This is certainly not a good time for the Lagos State Police Commissioner, Mr. Moshood Jimoh as he has been dragged to court for commiting contempt by defying a clear court order that he and his men must not go near the business premises of Nestoil Group which belongs to Drawcok Estates LTD.
The fresh suit by Drawcok Estates LTD followed Monday’s deployment of over fifty armed police officers by Mr. Moshood Jimoh to seal off the business premises of Nestoil Group which belongs to Drawcok Estates LTD despite an order by Justice Ofili Ajumogobia.
Also, despite a directive by the federal government that police escorts be withdrawn from VIPs, Mr. Moshood Jimoh illegally allocated several police officers to be guarding Mr. Sulu Gambari, the self-acclaimed Receiver Manager which was appointed by a former judge that was handling the case, Justice Isaac Dipeolu.
Recall that Justice Daniel Osiagor of the Federal High Court in Ikoyi vacated all the orders made by Justice Isaac Deinde Dipeolu who wrongly appointed the Receiver Manager.
Meanwhile, dissatisfied with the action of the Lagos Police Commissioner, Drawcok Estates LTD yesterday filed a case of contempt against the Lagos State Commissioner of Police, Mr. Olohundare Jimoh Moshood (Contemnor) before a Federal High Court in Abuja.
In Suit No: FHC/ABJ/CS/2385/2025, the applicant wants Police Commissioner Moshood Jimoh to be found guilty of contempt of court and also be committed to prison unless he obeys the directives contained in Justice Ofili Ajumogobia’s Order of November 24, 2025.
Recall that Justice Ofili Ajumogobia had on November 24, 2025 ordered that the building in question belongs to Drawcok Estates LTD, adding that no police officer must be seen carrying out orders of the Lagos State Police Commissioner around the premises.
The Orders made by Justice Ofili Ajumogobia on November 24, 2025 in suit number FHC/ABJ/CS/2385/2025 were that:
The applicant has a right to own and possess her properties as mentioned in the addresses above as guaranteed by the 34 Constitution of the Federal Republic of Nigeria, 1999 as amended and the African Charter on Human and People’s Rights..
That the sealing-off and occupation of the applicant’s properties on the addresses mentioned above by the Respondents constitute an infringement on the right of the applicant to own property, as guaranteed by Sections 43 and 44 of the he Constitution of the Federal Republic of Nigeria, 1999 as amended.
That the Respondents, whether by themselves , their agents, agencies and servants, acting for it through them or any other person(s) howsoever described or claiming through them, to vacate the applicant’s properties on the addresses mentioned above, and deliver possession over to the applicant forthwith.
That the Respondents, whether by themselves, their agents, agencies, and servants, acting for or through them or any other person(s) howsoever described or claiming through them, to provide security for the applicant to take back possession of her properties on the addresses mentioned above.
That the Respondents is restrain, whether by themselves, their agents, agencies and servants, acting for or through them or any other person(s) howsoever described or claiming through them, from harassing the applicant and refusing her access to her properties on the addresses mentioned above.
Nigerian Concord Newspapers reporters that visited the business premises yesterday reported that pollice officers have been denying workers of several companies access to their offices located within the Nestoil building in Lagos on the order of Moshood Jimoh, despite a subsisting court order directing that they be allowed into the premises.
The affected workers had resumed duties following a court order delivered by Hon. Justice Ofili Ajumogobia of the Federal High Court, Abuja on November 24, which directed that they be granted access to their offices.
Business
Dangote Refinery Boosts Fuel Exports as Gulf Refineries Shut Down
By: Fabian Apechihin
The Dangote Petroleum Refinery has ramped up fuel exports to international markets amid widespread refinery shutdowns in the Middle East, industry sources confirmed.
A senior official at the $20bn Lagos-based plant told The PUNCH that the facility exported significant volumes of petrol (PMS), diesel (AGO), and aviation fuel (Jet A1) to foreign buyers in August, following earlier shipments in June and July.
The surge comes as Saudi Aramco and other regional producers face heavy maintenance schedules, tightening fuel supply. Aramco has already shut down two plants and plans further closures, including its 460,000 b/d Satorp refinery in Jubail for a 60-day turnaround in November–December. Kuwait and India are also scaling back capacity for maintenance and seasonal demand.
According to Argus Media, these shutdowns are pushing Gulf nations to import record volumes of gasoline, with Saudi Arabia and the UAE sharply increasing purchases from Europe and other markets in recent months.
While some reports pointed to operational constraints at Dangote’s 650,000 b/d facility, the company dismissed such claims, insisting production is on track to reach 700,000 b/d by December. Earlier this year, Aliko Dangote announced the refinery had sold two cargoes of jet fuel to Saudi Aramco and recently achieved exports of about 1 million tonnes of petrol between June and July.
“With Gulf refiners offline, Nigeria has now emerged as a net exporter of refined products,” Dangote said.
Analysts suggest the extended refinery outages in the Middle East will further strengthen demand for Dangote’s output, positioning the Nigerian plant as a key supplier in regional fuel markets.
Would you like me to tighten this further into a 5–6 paragraph wire-style news brief, or keep it as a detailed feature-style report with more context on Gulf refinery shutdowns?
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