General News
FG Mulls ‘Operation Feed Yourself’ to Tackle Hunger

Federal government is considering an ‘Operation Feed Yourself’ initiative to encourage the establishment of urban farms and small home gardens across the country.

Vice President Yemi Osinbajo explained that the initiative, to be undertaken in collaboration with states under the auspices of the National Economic Council and the National Council on Nutrition, was part of efforts to address malnutrition and related challenges.
The plan for this initiative is one of three major plans arising from the UN-backed Food Systems Dialogues, to advance the fight against malnutrition, the Vice President stated at a high-level meeting on nutrition on Monday.
Other plans, he added, were providing support to farmers across the country, especially by providing useful weather and soil pattern information that would improve farming yields, as well as encouraging state governments to ensure prompt release of budget for nutrition and related activities.
“There are practical steps that can be taken by the states and Federal Government in the next 12 months,” Professor Osinbajo told the meeting.
“I think that some of the suggestions are important, especially those that have come from the UN Food System Dialogue.”
Boost Food Security
He listed the different stages as the establishment of agribusiness investment hubs or farm settlements, the establishment of urban farms and homestead gardens by individuals and schools, the adoption of weather information to support farming, leveraging the support of the UN agencies and other partners for nutrition activities, and the call on MDAs and states to release funding for nutrition activities.
“States and the FGN will promote what the convener has described as ‘Operation Feed Yourself’. This is more of the establishment of urban farms and homestead gardens,” the Vice President stated.
“This is simply something that we think should be a mass appeal to citizens in the states, and the encouragement we can give them so that individuals and schools develop their own farms or homestead gardens.
“This obviously not only helps individuals and families, but the excess can be sold to others and generally improve food security. The establishment of agribusiness investment hubs or farm settlements or farm estates or any variety of those kinds of integrated farming arrangements will improve food and nutrition security.
“What we are recommending is the sort of model that Oyo State has or any of the variety that states have. That sort is obviously recommended because of the way that it is structured and the obviously good result that they have been getting.”
A file photo of a food trader at a market in Akure, the Ondo State capital. Sodiq Adelakun/Channels Television
Nutrition Budget
Speaking specifically about the funding of nutrition and related activities by MDAs and states, Professor Osinbajo said a point of importance had been made, even at the National Economic Council meetings.
“It is one of the action points as defined in the food transformation pathways which we already have issued and we are hoping that these budget releases will be specifically directed at the action points defined in the transformation pathways because these are ways by which we have identified that we can gain maximum traction in food security,” he explained.
“We urge the states to budget adequately for nutrition. Each MDA and state should adopt the national priority list, make budgetary provisions for those who haven’t concluded their 2022 annual budgets. I think there is still time to make adequate budgetary provision for nutrition in the 2022 budgets.”
Professor Osinbajo urged the state governments to adopt partnerships that can be effective in scaling up nutrition and related activities.
He said “it is also clear that we can leverage on the support of the UN agencies and other partners like the Foreign, Commonwealth & Development Office (FCDO), United States Agency for International Development (USAID), and the World Bank, as well as our development partners, the Bill and Melinda Gates Foundation and Aliko Dangote Foundation.
“The Aliko Dangote Foundation was able to show what they have been doing, especially with de-risking facilities that could be used by farmers in the various localities all over the country.”
The meeting was attended by Mrs Amina Mohammed, United Nations deputy secretary-general, state governors, and representatives of development partners, among others.
Mrs Mohammed, who acknowledged the leadership of Nigeria to the UN agenda 2030 and the Africa Union agenda 2063, believes the solution to many of the challenges associated with malnutrition lie in Nigeria’s recent commitment through the Food Systems Summit process.
“I will like to pay tribute to the leadership of the Vice President, Professor Osinbajo, and to the efforts of the Mrs Olusola Idowu, as the national convener of the virtual engagement by His Excellency at the pre-summit and clear, focused, ambitious national pathways that were published ahead of the Food Systems Summit in September,” she said.
“At the summit itself, His Excellency, the President made decisive and inspiring commitments, and all these efforts of the emerging pathways, Nigeria has demonstrated a holistic approach to the food systems transformation which really underpins that transformation that it is about climate, it is about nutrition and about an inclusive economy.”
On his part, Dr Kayode Fayemi, chairman of the Nigerian Governors Forum, said despite dwindling financial resources, the states would continue to push on the frontier of improvement in nutritional issues.
General News
Top Nigerian Startups Secure Funding Boost @ iHatch Demo Day Awards

Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.

The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
General News
Fidelity Bank to Host Virtual Masterclass on New Tax Law

Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.

Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
General News
PalmPay MD Seeks Deeper Financial Inclusion @ CeBIH Annual Conference 2025

PalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts in Consumer Credit,” PalmPay’s Managing Director, Chika Nwosu, urged industry players to deepen financial inclusion by embracing community-aligned solutions and customer-centric innovations that can better serve Nigeria’s underserved and unbanked populations.

Speaking during a panel session titled “Social Inclusion, A Veritable Tool for Financial Inclusion,” Chika Nwosu joined other industry leaders to share insights on strengthening participation among women, rural dwellers, low-income earners, and other financially excluded groups.
Chika Nwosu highlighted PalmPay’s commitment to inclusive finance through its 500,000-strong agent network, which enables seamless cash-in/cash-out services for unbanked users across Nigeria. He also emphasised the importance of PalmPay’s USSD platform, 861#, which allows users with basic phones or limited internet access to perform essential financial transactions.
“Financial inclusion goes beyond access; it must be equitable and tailored to real-life needs,” Chika Nwosu said. He shared how PalmPay leverages behavioural insights to design impactful services, including affordable health insurance, reliable bill payments, merchant solutions, and automated savings features that support financial discipline among users.
The session further examined the role of grassroots agents and community touchpoints in driving last-mile adoption. Chika Nwosu noted that PalmPay’s widespread community presence continues to build trust and encourage excluded populations to embrace digital financial tools.
The session was moderated by Ronke Kuye of the CeBIH Advisory Council and featured representatives from E-Doc Online, SmartCash Payment Service Bank, SANEF, and EFINA.
PalmPay reaffirmed its commitment to driving accessible, secure, and inclusive financial services for all Nigerians. PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
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