Tinubu presides over FEC meeting

President Bola Tinubu led a meeting of the Federal Executive Council (FEC) at the State House in Abuja. The gathering commenced right after Tinubu's arrival at 2:34pm, followed by Vice President Kashim Shettima. Among the attendees, the Ministers of Defence, Foreign Affairs, FCT, and Aviation were notably absent. The primary focus of the meeting was to deliberate over a new National Policy on Small and Medium Enterprises (SMEs).

Charles Odii, the Director-General of the Small and Medium Enterprises Development Agency of Nigeria, had previously hinted at this policy during a recent event in Abuja. Odii expressed that SMEDAN welcomed the partnership as an opportunity to make government a more accessible market for SMEs. The new policy, which is currently under review, aims to improve SME participation in public procurement and promote local content.