NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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FEC APPROVES $50 MILLION FACILITY FROM THE ISLAMIC DEVELOPMENT BANK FOR UBESTATE AND ALSO $1 MILLION INVESTMENT LOAN FROM THE AFRICAN DEVELOPMENT BANK (AFDB) PACKAGES TO STRENGTHEN EDUCATION, YOUTH ENTREPRENEURSHIP.(PHOTO).

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 FEC Approves $50 million facility from the Islamic Development Bank for UBESTATE and also $1 million investment loan from the African Development Bank (AfDB) Packages to Strengthen Education, Youth Entrepreneurship.


The Federal Executive Council (FEC) has approved a fresh set of financial support initiatives aimed at enhancing educational development, stimulating entrepreneurship, and accelerating national growth.


At its meeting on Wednesday, the Council endorsed a $50 million facility from the Islamic Development Bank for UBESTATE. The funding is intended to expand educational infrastructure, improve access to quality learning, and strengthen overall educational outcomes across the state.


In a related development, FEC also approved a $1 million investment loan from the African Development Bank (AfDB) to bolster youth entrepreneurship. The facility is targeted at empowering young innovators, supporting small and medium enterprises (SMEs), and unlocking growth opportunities within youth-driven sectors.


Government officials noted that the approvals align with President Bola Ahmed Tinubu’s broader economic reform agenda, which prioritizes human capital development, job creation, and sustainable economic expansion.

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