MSMEs Provides over 41m Businesses, 59m Employment – SMEDAN

Hamilton Nwosa
Writer
MSMEs Provides over 41m Businesses, 59m Employment – SMEDAN

Ad

Kebbi Violence: Ex-AGF Malami, APC Lawmakers Exchange Accusations

• Malami: "Thugs imported to destabilise Kebbi State" • Kebbi APC: "You’re lying, Kebbi is Safe." By Abiola Olawale The immediate past Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), has accused Governor Nasir Idris of Kebbi State and his allies of plotting to import armed thugs and foreign mercenaries…

Nigeria’s 2030 Ascendancy: A Roadmap to Global Power Through Visionary Leader

By Sonny Iroche Introduction Nigeria, with its 230 million people, the largest population in Africa, and vast natural resources, stands at the threshold of transformative potential. Achieving global power status by 2030 would mean not just economic dominance (e.g., a $1 trillion GDP, up from, $450 billion today) but also military strength, technological leadership, and…

N5.7bn contract: EFCC gets order to detain Sujimoto CEO

The Economic and Financial Crimes Commission, EFCC, has secured a court order to detain the Chief Executive Officer, CEO, of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, over alleged N5.7billion unexecuted contract. Ogundele is facing investigation following his alleged failure to deliver 22 Smart Green School projects in Enugu State after his company was reportedly paid…

Ad

Director-General, Small and Medium Enterprises Development Agency (SMEDAN), Dr Dikko Umaru-Radda, on Tuesday said the sub-sector had provided over 41 million businesses and 59 million employment opportunities in Nigeria.

Umaru-Radda said this at the opening ceremony of 2021 Micro, Small and Medium Enterprises (MSMEs) Opportunity Fair in Kano, with the theme”MSMEs: Key to an Inclusive and Sustainable Post-Pandemic Recovery”.

Umaru-Radda however said that MSMEs were bedeviled with some challenges that did not allow some new enterprises to survive their third year anniversary.

“Understanding that access to market is one of such challenges; SMEDAN has over the years, assiduously worked to ensure opportunity fairs are held even when it demands the development of ICT platforms.

“The annual event is usually implemented in the North and South geo-political zones of the country to further enhance Nigeria MSMEs prominence, competitiveness and development,” he said.
Umaru-Radda said that the Agency would continue to register businesses on MSMEs Mass Registration Programme Platform to enhance competitiveness among them.

He said the fair was designed to provide opportunities for exhibition of goods and products.
Umaru-Radda said that the 2021 MSMEs survey to be conducted by the agency, in collaboration with the National Bureau of Statistics, would commence across the country this month.

In his remarks, Gov Abdullahi Ganduje of Kano State said rice production in Nigeria had improved as a result of the diversification of the economy by the Federal Government.
Ganduje said the increase in rice production had assisted in creating employment opportunities that improved the livelihood of many Nigerians.

He said that Kano was among the states with highest number of MSMEs in the country, adding that government would continue to provide infrastructure that would enable businesses to grow.

The governor said that the government was constructing a hydro power plant at Bagauda to enhance industrialisation in the state.

One of the exhibitors, Mrs Maryam Zubairu, told the News Agency of Nigeria (NAN) that the exhibition had created market for her business to thrive.
Zubairu exhibited perfumes, baby clothes and bedsheets at the fair. (NAN)

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp