Connect with us

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)

  •  Stakeholders in the Micro Small and Medium Scale Enterprises MSMEs sub sector have met to chart a path for implementation of the national MSMEs policy in Edo The one day event which held in Benin was tagged Stalkhokders Dialogue on MSMEs Development and the Implementation of the National Policy on MSMEs in Edo Speaking at the event Mr Onesi Lawani the Deputy Director Policy Small and Medium Enterprises Development Agency of Nigeria SMEDAN said the meeting was to create awareness and ownership of the national MSME policy in Edo Lawani said the implementation of the national policy was to facilitate as well as sustain a vibrant MSMsE sub sector that would be the major driver of the nation s economic growth Also speaking Markus Wauschkuhn Head of Programme Pro poor Growth and Promotion of Employment in Nigeria SEDIN said that addressing issues facing MSMEs in Nigeria was the surest way to bridge the unemployment gap in the country Wauschkuhn said the essence of the dialogue was therefore to strengthen coordination of activities done by the Federal and States MDAs as well as donor organisations geared toward the development of MSMEs in the country Represented by Akinropo Omoware Head of Policy SEDIN Wauschkuhn said we believe that the forum will provide opportunity for stakeholders in the MSMEs eco system in the state to interact on the key challenges foster common understanding and proffer some solutions Also speaking Gov Godwin Obaseki of Edo said that one could not underscore the fact that MSMEs were the engine of any economy as they remained the largest employers of labour We have struck strategic collaboration with local amd international partners to ensure the promotion of the private sector in the state The governor was represented by Hon Afishetu Braimoh the Commissioner for Business Trade and Cooperative in Edo Earlier the Director General of the Benin Chamber of Commerce Industry Mines and Agriculture Mr John Imalingmhe commended SEDIN s support to MSMEs in the state The News Agency of Nigeria reports that the event was organised by SMEDAN in collaboration with the Edo State Ministry of Business Trade and Cooperatives and the Edo State Skills Development Agency The dialogue was supported by SEDIN a programme under the German Agency for International Cooperation GIZ NewsSourceCredit NAN
    Stakeholders brainstorm on implementation of MSMEs Policy in Edo
     Stakeholders in the Micro Small and Medium Scale Enterprises MSMEs sub sector have met to chart a path for implementation of the national MSMEs policy in Edo The one day event which held in Benin was tagged Stalkhokders Dialogue on MSMEs Development and the Implementation of the National Policy on MSMEs in Edo Speaking at the event Mr Onesi Lawani the Deputy Director Policy Small and Medium Enterprises Development Agency of Nigeria SMEDAN said the meeting was to create awareness and ownership of the national MSME policy in Edo Lawani said the implementation of the national policy was to facilitate as well as sustain a vibrant MSMsE sub sector that would be the major driver of the nation s economic growth Also speaking Markus Wauschkuhn Head of Programme Pro poor Growth and Promotion of Employment in Nigeria SEDIN said that addressing issues facing MSMEs in Nigeria was the surest way to bridge the unemployment gap in the country Wauschkuhn said the essence of the dialogue was therefore to strengthen coordination of activities done by the Federal and States MDAs as well as donor organisations geared toward the development of MSMEs in the country Represented by Akinropo Omoware Head of Policy SEDIN Wauschkuhn said we believe that the forum will provide opportunity for stakeholders in the MSMEs eco system in the state to interact on the key challenges foster common understanding and proffer some solutions Also speaking Gov Godwin Obaseki of Edo said that one could not underscore the fact that MSMEs were the engine of any economy as they remained the largest employers of labour We have struck strategic collaboration with local amd international partners to ensure the promotion of the private sector in the state The governor was represented by Hon Afishetu Braimoh the Commissioner for Business Trade and Cooperative in Edo Earlier the Director General of the Benin Chamber of Commerce Industry Mines and Agriculture Mr John Imalingmhe commended SEDIN s support to MSMEs in the state The News Agency of Nigeria reports that the event was organised by SMEDAN in collaboration with the Edo State Ministry of Business Trade and Cooperatives and the Edo State Skills Development Agency The dialogue was supported by SEDIN a programme under the German Agency for International Cooperation GIZ NewsSourceCredit NAN
    Stakeholders brainstorm on implementation of MSMEs Policy in Edo
    Economy6 hours ago

    Stakeholders brainstorm on implementation of MSMEs Policy in Edo

    Stakeholders in the Micro, Small and Medium Scale Enterprises (MSMEs) sub sector, have met to chart a path for implementation of the national MSMEs policy in Edo.The one-day event which held in Benin, was tagged: “Stalkhokders Dialogue on MSMEs Development and the Implementation of the National Policy on MSMEs” in Edo .

    Speaking at the event, Mr Onesi Lawani, the Deputy Director Policy, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said the meeting was to create awareness and ownership of the national MSME policy in Edo.Lawani said the implementation of the national policy was to facilitate as well as sustain a vibrant MSMsE sub sector that would be the major driver of the nation’s economic growth.

    Also speaking, Markus Wauschkuhn, Head of Programme, Pro-poor Growth and Promotion of Employment in Nigeria (SEDIN), said that addressing issues facing MSMEs in Nigeria was the surest way to bridge the unemployment gap in the country.

    Wauschkuhn said the essence of the dialogue was, therefore, to strengthen coordination of activities done by the Federal and States MDAs as well as donor organisations, geared toward the development of MSMEs in the country.

    Represented by Akinropo Omoware, Head of Policy, SEDIN, Wauschkuhn said  “we believe that the forum will provide opportunity for stakeholders in the MSMEs eco-system in the state to interact on the key challenges, foster common understanding and proffer some solutions”.

    Also speaking, Gov. Godwin Obaseki of Edo, said that one could not underscore the fact that MSMEs were the engine of any economy, as they remained the largest employers of labour.

    “We have struck strategic collaboration with local amd international partners to ensure the promotion of the private sector in the state.

    ”The governor was represented by Hon Afishetu Braimoh, the Commissioner for Business, Trade and Cooperative in Edo.Earlier, the Director-General of the Benin Chamber of Commerce, Industry, Mines and Agriculture, Mr John Imalingmhe, commended SEDIN’s support to MSMEs in the state.

    The News Agency of Nigeria reports that the event was organised by SMEDAN in collaboration with the Edo State Ministry of Business, Trade and Cooperatives and the Edo State Skills Development Agency.

    The dialogue was  supported by SEDIN, a programme under the German Agency for International Cooperation (GIZ).


    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN is holding an opportunity fair for Micro Small and Medium Enterprises MSMEs in Plateau to explore untapped opportunities in the non oil sector Speaking at the event on Tuesday in Jos Mr Olawale Fasanya the Director General of SMEDAN said that the fair was aimed at showcasing the products of MSMEs in the state The opportunity fair is organised annually to explore the untapped opportunities in the non oil sector in order to boost the nation s economy Fasanya said that the fair was to further create opportunities for MSMEs in the state to thrive particularly in the post COVID 19 era The opportunity fair which is an annual event usually implemented in the North and South Geo political zones of the country is to further enhance Nigeria MSMEs prominence competitiveness and development The decision to have the second leg of the 2022 edition of the opportunity fair in Jos is therefore not only deliberate but also very auspicious most especially in this post COVID19 pandemic era Also the dwindling resources from oil and the need to explore several economic opportunities that have largely remained untapped necessitated the need for the agency to use the fair to deepen the MSME scope in the state Essentially the opportunity fair is initiated to provide opportunities that the fair usually open up for them as it presents platform for business to business and business to public sector enabling institutions networking he said Fasanya said that the fair was purposely designed to create access to market linkages networking and access to critical business information required for MSMEs growth and development As important as this sub sector is to the overall wellbeing of our national economy it is bedevilled by some challenges that does not allow for some of the 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 that this issue is gradually addressed through the MSME opportunity fairs Essentially the fair is designed to provide opportunities for exhibition of goods and products by participating MSMEs he added Fasanya said that the fair would also provide opportunities for critical MDAs that are MSMEs enablers or regulators to freely interact with MSMEs operators The D G thanked Plateau government for its support to the agency toward the growth of MSMEs in the state Declaring the event open Gov Simon Lalong thanked SMEDAN for organising the event and all it had been doing toward supporting young entrepreneurs in the state The governor represented by the Prof Danladi Atu the Secretary to the State Government further commended the agency for the efforts and modalities put in place in creating job opportunities in the non oil sector Lalong promised to support and cooperate with the agency in toward boosting the economy of the state and the country in general NewsSourceCredit NAN
    SMEDAN holds MSMEs opportunity fair in Jos 
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN is holding an opportunity fair for Micro Small and Medium Enterprises MSMEs in Plateau to explore untapped opportunities in the non oil sector Speaking at the event on Tuesday in Jos Mr Olawale Fasanya the Director General of SMEDAN said that the fair was aimed at showcasing the products of MSMEs in the state The opportunity fair is organised annually to explore the untapped opportunities in the non oil sector in order to boost the nation s economy Fasanya said that the fair was to further create opportunities for MSMEs in the state to thrive particularly in the post COVID 19 era The opportunity fair which is an annual event usually implemented in the North and South Geo political zones of the country is to further enhance Nigeria MSMEs prominence competitiveness and development The decision to have the second leg of the 2022 edition of the opportunity fair in Jos is therefore not only deliberate but also very auspicious most especially in this post COVID19 pandemic era Also the dwindling resources from oil and the need to explore several economic opportunities that have largely remained untapped necessitated the need for the agency to use the fair to deepen the MSME scope in the state Essentially the opportunity fair is initiated to provide opportunities that the fair usually open up for them as it presents platform for business to business and business to public sector enabling institutions networking he said Fasanya said that the fair was purposely designed to create access to market linkages networking and access to critical business information required for MSMEs growth and development As important as this sub sector is to the overall wellbeing of our national economy it is bedevilled by some challenges that does not allow for some of the 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 that this issue is gradually addressed through the MSME opportunity fairs Essentially the fair is designed to provide opportunities for exhibition of goods and products by participating MSMEs he added Fasanya said that the fair would also provide opportunities for critical MDAs that are MSMEs enablers or regulators to freely interact with MSMEs operators The D G thanked Plateau government for its support to the agency toward the growth of MSMEs in the state Declaring the event open Gov Simon Lalong thanked SMEDAN for organising the event and all it had been doing toward supporting young entrepreneurs in the state The governor represented by the Prof Danladi Atu the Secretary to the State Government further commended the agency for the efforts and modalities put in place in creating job opportunities in the non oil sector Lalong promised to support and cooperate with the agency in toward boosting the economy of the state and the country in general NewsSourceCredit NAN
    SMEDAN holds MSMEs opportunity fair in Jos 
    General news3 days ago

    SMEDAN holds MSMEs opportunity fair in Jos 

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is holding an opportunity fair for Micro Small and Medium Enterprises (MSMEs) in Plateau, to explore untapped opportunities in the non-oil sector.

    Speaking at the event on Tuesday in Jos, Mr Olawale Fasanya, the Director-General of SMEDAN said that the fair was aimed at showcasing the products of MSMEs in the state.

    “The opportunity fair is organised annually to explore the untapped opportunities in the non-oil sector in order to boost the nation’s economy.

    ’’ Fasanya said that the fair was to further create opportunities for MSMEs in the state to thrive, particularly in the post COVID-19 era.

    ”The opportunity fair, which is an annual event usually implemented in the North and South Geo-political zones of the country is to further enhance Nigeria MSMEs prominence, competitiveness and development.

    ”The decision to have the second leg of the 2022 edition of the opportunity fair in Jos is therefore not only deliberate but also very auspicious most especially in this post-COVID19 pandemic era.

    ”Also, the dwindling resources from oil and the need to explore several economic opportunities that have largely remained untapped necessitated the need for the agency to use the fair to deepen the MSME scope in the state.

    ”Essentially, the opportunity fair is initiated to provide opportunities that the fair usually open up for them as it presents platform for business to business and business to public sector enabling institutions networking,” he said.

    Fasanya said that the fair was purposely designed to create access to market linkages, networking, and access to critical business information required for MSMEs growth and development.

    ”As important as this sub-sector is to the overall wellbeing of our national economy, it is bedevilled by some challenges that does not allow for some of the 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 that this issue is gradually addressed through the MSME opportunity fairs.

    ”Essentially, the fair is designed to provide opportunities for exhibition of goods and products by participating MSMEs,” he added.

    Fasanya said that the fair would also provide opportunities for critical MDAs “that are MSMEs enablers or regulators to freely interact with MSMEs operators.

    ’’ The D-G thanked Plateau government for its support to the agency toward the growth of MSMEs in the state.

    Declaring the event open, Gov. Simon Lalong, thanked SMEDAN for organising the event and all it had been doing toward supporting young entrepreneurs in the state.

    The governor, represented by the Prof. Danladi Atu, the Secretary to the State Government, further commended the agency for the efforts and modalities put in place in creating job opportunities in the non-oil sector.

    Lalong promised to support and cooperate with the agency in toward boosting the economy of the state and the country in general.


    NewsSourceCredit: NAN

  •  The Abuja Chamber of Commerce and Industry ACCI has called on President Muhammadu Buhari to declare a state of emergency in Nigeria s export sector The ACCI President Dr Al Mujtaba Abubakar made the appeal on Monday at the 2nd Abuja SME Conference and Exhibition organised via webinar by the National Chamber Policy Centre NCPC of ACCI The News Agency of Nigeria reports that the event had as its theme SMEs as agent of Export Trade Abubakar also called for a state of emergency in the Small and Medium scale Enterprises SMEs in view of many bottlenecks hindering the prospect of the sector in Nigeria especially access to export markets According to him our goal is to among other things remove all bottlenecks in the export process Represented by the Executive Director NCPC Mr Olawale Rasheed Abubakar who saluted the efforts of regulatory agencies in the sector said that the state of emergency would speed the operation of domestic warehouses He also said that it would fast track the opening of special export terminals at various ports across the country and streamline export procedures for reduced hindrances for exporters Also speaking the Director General Small and Medium Enterprises Development Agency of Nigeria SMEDAN Mr Olawale Fasanya highlighted the need to support the development of SMEs in Nigeria Represented by Mr Onesi Lawani the Deputy Director Policy Planning Monitoring and Evaluation SMEDAN Lawani said that Nigeria s non oil export must be competitive According to Fasanya Nigeria s non oil export earnings are insignificant when compared with other emerging economies as the total value of the non oil exports in 2021 was 10 083 billion dollars The export market is all about competitiveness and this borders on price and quality Bangladesh a country once touted as poor exported knit and woven garments alone estimated at 30 billion dollars in the first seven months of 2021 India another emerging market exported textiles and apparel worth 29 8 billion dollars between April and December 2021 according to the ministry of textiles in the country Vietnam another emerging market earned 57 54 billion dollars from export of phones and accessories in 2021 according to the General Department of Vietnam Customs in the country Argentina earned nearly 21 billion dollars from export of delivery trucks soybean oil meal according to the Organisation for Economic Co operation and Development Fasanya said While urging the Central Bank of Nigeria CBN and other development institutions to creatively support the MSMEs to access financial resources Fasanya said that adequate power supply and friendly ports operations were critical in increasing exports in Nigeria More so friendly regulations are instrumental to increasing MSMEs exports in Nigeria Quick wins for MSMEs exports is deliberate efforts of state governments to ease access to land provision of common processing facility in clusters and improvement in security According to him strengthening export processing zones and creating awareness on export standards and potential are also quick wins for MSMES Similarly the Managing Director and Chief Executive Officer Abuja Enterprise Agency AEA Mr Shehu Abdulkadir said that improved access to financial incentives and provision of basic and technological infrastructure were essential in the growth of MSMEs in Nigeria Abdulkadir represented by the Senior Manager Research Statistics and Development in AEA Usman Usman also estressed the need for adequate legal and regulatory framework as well as improved commitment to building domestic expertise and knowledge In his presentation titled The Role of Abuja Enterprise Agency in Promoting SMEs as Agent of Export Trade said that enhancing the capabilities of MSMEs export potential remained critical to diversifying Nigeria s economy According to him AEA will not relent in strengthening institutional synergy and building the capacities of local industries and MSMEs to produce and export their products to the international market This in our view will lead to the attainment of our goal to expand our non oil exports and address the myriad of challenges we face as a country Abdulkadir said Earlier the Executive Secretary Nigeria Export Promotion Council NEPC Dr Ezra Yakusak pledged the council s commitment to curb the rejection of non oil exports Represented by Mrs Ukoanam Gertrude the Director Export Development and Incentive Department NEPC Yakusak urged Nigerians to leverage on the export trade houses to ensure their products conform to the acceptable standard NAN recalls that NEPC on Aug 25 announced that Nigeria exported 4 146 534 metric tonnes of non oil products valued at 2 593 billion dollars between January and June 2022 According to Yakusak the development represents an increase of 62 37 per cent when compared to 1 59 billion dollars recorded in the first half of 2021 NewsSourceCredit NAN
    ACCI urges FG to declare state of emergency in export sector
     The Abuja Chamber of Commerce and Industry ACCI has called on President Muhammadu Buhari to declare a state of emergency in Nigeria s export sector The ACCI President Dr Al Mujtaba Abubakar made the appeal on Monday at the 2nd Abuja SME Conference and Exhibition organised via webinar by the National Chamber Policy Centre NCPC of ACCI The News Agency of Nigeria reports that the event had as its theme SMEs as agent of Export Trade Abubakar also called for a state of emergency in the Small and Medium scale Enterprises SMEs in view of many bottlenecks hindering the prospect of the sector in Nigeria especially access to export markets According to him our goal is to among other things remove all bottlenecks in the export process Represented by the Executive Director NCPC Mr Olawale Rasheed Abubakar who saluted the efforts of regulatory agencies in the sector said that the state of emergency would speed the operation of domestic warehouses He also said that it would fast track the opening of special export terminals at various ports across the country and streamline export procedures for reduced hindrances for exporters Also speaking the Director General Small and Medium Enterprises Development Agency of Nigeria SMEDAN Mr Olawale Fasanya highlighted the need to support the development of SMEs in Nigeria Represented by Mr Onesi Lawani the Deputy Director Policy Planning Monitoring and Evaluation SMEDAN Lawani said that Nigeria s non oil export must be competitive According to Fasanya Nigeria s non oil export earnings are insignificant when compared with other emerging economies as the total value of the non oil exports in 2021 was 10 083 billion dollars The export market is all about competitiveness and this borders on price and quality Bangladesh a country once touted as poor exported knit and woven garments alone estimated at 30 billion dollars in the first seven months of 2021 India another emerging market exported textiles and apparel worth 29 8 billion dollars between April and December 2021 according to the ministry of textiles in the country Vietnam another emerging market earned 57 54 billion dollars from export of phones and accessories in 2021 according to the General Department of Vietnam Customs in the country Argentina earned nearly 21 billion dollars from export of delivery trucks soybean oil meal according to the Organisation for Economic Co operation and Development Fasanya said While urging the Central Bank of Nigeria CBN and other development institutions to creatively support the MSMEs to access financial resources Fasanya said that adequate power supply and friendly ports operations were critical in increasing exports in Nigeria More so friendly regulations are instrumental to increasing MSMEs exports in Nigeria Quick wins for MSMEs exports is deliberate efforts of state governments to ease access to land provision of common processing facility in clusters and improvement in security According to him strengthening export processing zones and creating awareness on export standards and potential are also quick wins for MSMES Similarly the Managing Director and Chief Executive Officer Abuja Enterprise Agency AEA Mr Shehu Abdulkadir said that improved access to financial incentives and provision of basic and technological infrastructure were essential in the growth of MSMEs in Nigeria Abdulkadir represented by the Senior Manager Research Statistics and Development in AEA Usman Usman also estressed the need for adequate legal and regulatory framework as well as improved commitment to building domestic expertise and knowledge In his presentation titled The Role of Abuja Enterprise Agency in Promoting SMEs as Agent of Export Trade said that enhancing the capabilities of MSMEs export potential remained critical to diversifying Nigeria s economy According to him AEA will not relent in strengthening institutional synergy and building the capacities of local industries and MSMEs to produce and export their products to the international market This in our view will lead to the attainment of our goal to expand our non oil exports and address the myriad of challenges we face as a country Abdulkadir said Earlier the Executive Secretary Nigeria Export Promotion Council NEPC Dr Ezra Yakusak pledged the council s commitment to curb the rejection of non oil exports Represented by Mrs Ukoanam Gertrude the Director Export Development and Incentive Department NEPC Yakusak urged Nigerians to leverage on the export trade houses to ensure their products conform to the acceptable standard NAN recalls that NEPC on Aug 25 announced that Nigeria exported 4 146 534 metric tonnes of non oil products valued at 2 593 billion dollars between January and June 2022 According to Yakusak the development represents an increase of 62 37 per cent when compared to 1 59 billion dollars recorded in the first half of 2021 NewsSourceCredit NAN
    ACCI urges FG to declare state of emergency in export sector
    Economy4 days ago

    ACCI urges FG to declare state of emergency in export sector

    The Abuja Chamber of Commerce and Industry (ACCI), has called on President Muhammadu Buhari to declare a state of emergency in Nigeria’s export sector.

    The ACCI President, Dr Al-Mujtaba Abubakar made the appeal on Monday at the 2nd Abuja SME Conference and Exhibition organised via webinar by the National Chamber Policy Centre (NCPC) of ACCI.

    The News Agency of Nigeria reports that the event had as its  theme: “SMEs as agent of Export Trade’’.

    Abubakar also called for a state of emergency in the Small and Medium-scale Enterprises (SMEs) in view of many bottlenecks hindering the prospect of the sector in Nigeria, especially access to export markets.

    According to him, our goal is to among other things remove all bottlenecks in the export process.

    Represented by the Executive Director, NCPC, Mr Olawale Rasheed, Abubakar who saluted the efforts of regulatory agencies in the sector, said that the state of emergency would speed the operation of domestic warehouses.

    He also said that it would fast-track the opening of special export terminals at various ports across the country and streamline export procedures for reduced hindrances for exporters.

    Also speaking, the Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Olawale Fasanya highlighted the need to support the development of SMEs in Nigeria.

    Represented by Mr Onesi Lawani, the Deputy Director, Policy, Planning, Monitoring and Evaluation, SMEDAN, Lawani said that Nigeria’s non-oil export must be competitive.

    According to Fasanya, Nigeria’s non-oil export earnings are insignificant when compared with other emerging economies as the total value of the non-oil exports in 2021 was 10.083 billion dollars.

    “The export market is all about competitiveness and this borders on price and quality.

    “Bangladesh a country once touted as poor exported knit and woven garments alone estimated at 30 billion dollars in the first seven months of 2021. “India, another emerging market, exported textiles and apparel worth 29.8 billion dollars between April and December 2021, according to the ministry of textiles in the country.

    “Vietnam, another emerging market earned 57.54 billion dollars from export of phones and accessories in 2021 according to the General Department of Vietnam Customs in the country.

    “Argentina earned nearly 21 billion dollars from export of delivery trucks, soybean oil, meal, according to the Organisation for Economic Co-operation and Development,’’ Fasanya said.

    While urging the Central Bank of Nigeria (CBN) and other development institutions to creatively support the MSMEs to access financial resources, Fasanya said that adequate power supply and friendly ports operations were critical in increasing exports in Nigeria.

    “More so, friendly regulations are instrumental to increasing MSMEs exports in Nigeria.

    “`Quick wins for MSMEs exports is deliberate efforts of state governments to ease access to land, provision of common processing facility in clusters, and improvement in security.

    ” According to him, strengthening export processing zones and creating awareness on export standards and potential, are also quick wins for MSMES.

    Similarly, the Managing Director and Chief Executive Officer, Abuja Enterprise Agency (AEA), Mr Shehu Abdulkadir said that improved access to financial incentives and provision of basic and technological infrastructure were essential in the growth of MSMEs in Nigeria.

    Abdulkadir,  represented by the Senior Manager, Research, Statistics and Development in AEA, Usman Usman, also estressed the need for adequate legal and regulatory framework as well as improved commitment to building domestic expertise and knowledge.

    In his presentation titled, “The Role of Abuja Enterprise Agency in Promoting SMEs as Agent of Export Trade’’, said that enhancing the capabilities of MSMEs export potential remained critical to diversifying Nigeria’s economy.

    According to him, AEA will not relent in strengthening institutional synergy and building the capacities of local industries and MSMEs to produce and export their products to the international market.

    “This in our view will lead to the attainment of our goal to expand our non–oil exports and address the myriad of challenges we face as a country,” Abdulkadir said.

    Earlier, the Executive Secretary, Nigeria Export Promotion Council (NEPC) Dr Ezra Yakusak, pledged the council’s commitment to curb the rejection of non-oil exports.

    Represented by Mrs Ukoanam Gertrude, the Director, Export Development and Incentive Department, NEPC, Yakusak urged Nigerians to leverage on the export trade houses to ensure their products conform to the acceptable standard.

    NAN recalls that NEPC on Aug. 25 announced that Nigeria exported 4,146,534 metric tonnes of non-oil products valued at 2.593 billion dollars between January and June 2022. According to Yakusak, the development represents an increase of 62.37 per cent when compared to 1.59 billion dollars recorded in the first half of 2021.
    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN on Thursday equipped 90 entrepreneurs with Information and Communication Technology ICT skills to drive technology adoption for businesses in the country The beneficiaries were presented with equipment for digital marketing phone repairs and computers at the official closing ceremony of the first phase of the National Vocational Training and Entrepreneurial Scheme on ICT on Thursday in Lagos Director General SMEDAN Mr Olawale Fasanya said the scheme was to equip entrepreneurs with e commerce skills to shore up their contribution to the country s Gross Domestic Product GDP He stated that the commitment of the participants would motivate government to do more after an impact assessment He encouraged the beneficiaries to maximise the opportunities availed them by the training programme and assured of support for MSMEs to help them grow ICT skill development is one of the priority areas identified by the agency to facilitate and sustain a vibrant MSME sub sector that will be the major driver of national economic growth and development The objective of the programme is to develop participants and train the network of businesses while promoting computer literacy as ICT is a means of granting access to the world market he said He said online applications could be used for accounting and downloadable softwares which were available for business communication and documents sharing for small scale businesses It is key to note that some of the business challenges like cybercrime phishing online theft would be tackled and must not hinder participants from harnessing the opportunities available to them SMEDAN will continue to support towards ensuring that we achieve the MSMEs sub sector of our dream in the areas of job creation wealth creation and poverty alleviation he said NewsSourceCredit NAN
    SMEDAN equips 90 entrepreneurs with ICT skills
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN on Thursday equipped 90 entrepreneurs with Information and Communication Technology ICT skills to drive technology adoption for businesses in the country The beneficiaries were presented with equipment for digital marketing phone repairs and computers at the official closing ceremony of the first phase of the National Vocational Training and Entrepreneurial Scheme on ICT on Thursday in Lagos Director General SMEDAN Mr Olawale Fasanya said the scheme was to equip entrepreneurs with e commerce skills to shore up their contribution to the country s Gross Domestic Product GDP He stated that the commitment of the participants would motivate government to do more after an impact assessment He encouraged the beneficiaries to maximise the opportunities availed them by the training programme and assured of support for MSMEs to help them grow ICT skill development is one of the priority areas identified by the agency to facilitate and sustain a vibrant MSME sub sector that will be the major driver of national economic growth and development The objective of the programme is to develop participants and train the network of businesses while promoting computer literacy as ICT is a means of granting access to the world market he said He said online applications could be used for accounting and downloadable softwares which were available for business communication and documents sharing for small scale businesses It is key to note that some of the business challenges like cybercrime phishing online theft would be tackled and must not hinder participants from harnessing the opportunities available to them SMEDAN will continue to support towards ensuring that we achieve the MSMEs sub sector of our dream in the areas of job creation wealth creation and poverty alleviation he said NewsSourceCredit NAN
    SMEDAN equips 90 entrepreneurs with ICT skills
    Economy1 week ago

    SMEDAN equips 90 entrepreneurs with ICT skills

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Thursday equipped 90 entrepreneurs with Information and Communication Technology (ICT) skills to drive technology adoption for businesses in the country.

    The beneficiaries were presented with equipment for digital marketing, phone repairs and computers at the official closing ceremony of the first phase of the National Vocational Training and Entrepreneurial Scheme on ICT, on Thursday in Lagos.

    Director-General, SMEDAN, Mr Olawale Fasanya, said the scheme was to equip entrepreneurs with e-commerce skills to shore up their contribution to the country’s Gross Domestic Product (GDP).

    He stated that the commitment of the participants would motivate government to do more after an impact assessment.

    He encouraged the beneficiaries to maximise the opportunities availed them by the training programme and assured of support for MSMEs to help them grow.

    “ICT skill development is one of the priority areas identified by the agency to facilitate and sustain a vibrant MSME sub-sector that will be the major driver of national economic growth and development.

    “The objective of the programme is to develop participants and train the network of businesses, while promoting computer literacy as ICT is a means of granting access to the world market,” he said.

    He said online applications could be used for accounting and downloadable softwares which were available for business communication and documents sharing for small scale businesses.

    “It is key to note that some of the business challenges like cybercrime, phishing, online theft would be tackled and must not hinder participants from harnessing the opportunities available to them.

    “SMEDAN will continue to support towards ensuring that we achieve the MSMEs sub-sector of our dream in the areas of job creation, wealth creation and poverty alleviation,” he said.


    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN says no fewer than 100 Small and Medium Enterprises are to participate at the 2022 Lagos MSMEs fair The Director General of SMEDAN Mr Olawale Fasanya said this in a statement issued on Thursday in Abuja According to him the event will afford exhibitors the opportunity to showcase their wares and enjoy business advisory services on how to upscale their businesses According to Fasanya the fair scheduled to hold in Ipodo Ikeja from Sept 26 to Sept 30 has as its theme Competing for Market Over 100 MSMEs are expected to participate in the 2022 MSMEs fair to be held in Ipodo Ikeja Lagos State next Monday This year s MSMEs fair in Ipodo will afford exhibitors the opportunity to showcase their wares as well as enjoy business advisory services from SMEDAN on how to upscale their businesses Fasanya said He described MSMEs fairs as veritable ground to promote Made in Nigeria products The fair offers MSMEs a real life platform to hook up to not only market opportunities but also to network with relevant agencies in the MSME ecosystem SMEDAN has come to embrace the Ipodo fair because of the success recorded in the maiden edition and we shall continue to support MSMEs as they are the backbone of any thriving economy The agency recently organised a successful opportunity fair in collaboration with the Edo State Government in Benin City and next week we shall also be organising another opportunity fair in Jos All these are targeted at encouraging our MSMEs and boosting Made in Nigeria goods he said Fasanya pledged that SMEDAN would continue to step up sustainable programmes to boost the capacity of MSMEs in Nigeria According to him sustainable initiatives and organisation of trade fairs and expos as well as sensitisation will boost patronage of Made in Nigeria goods Most people are ignorant of the fact that quality and durable products are also produced by MSMEs in Nigeria he said Fasanya said that the Ipodo fair would show that Nigeria s MSMEs caould produce good things and this would make the people to have a rethink and improve on the patronage of locally made product He said that the agency was planning to host an opportunity fair for the people with disability in the near future The News Agency of Nigeria reports that the fair organised by SMEDAN is the second in the series NewsSourceCredit NAN
    100 SMEs to participate at 2022 Lagos MSMEs fair—SMEDAN
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN says no fewer than 100 Small and Medium Enterprises are to participate at the 2022 Lagos MSMEs fair The Director General of SMEDAN Mr Olawale Fasanya said this in a statement issued on Thursday in Abuja According to him the event will afford exhibitors the opportunity to showcase their wares and enjoy business advisory services on how to upscale their businesses According to Fasanya the fair scheduled to hold in Ipodo Ikeja from Sept 26 to Sept 30 has as its theme Competing for Market Over 100 MSMEs are expected to participate in the 2022 MSMEs fair to be held in Ipodo Ikeja Lagos State next Monday This year s MSMEs fair in Ipodo will afford exhibitors the opportunity to showcase their wares as well as enjoy business advisory services from SMEDAN on how to upscale their businesses Fasanya said He described MSMEs fairs as veritable ground to promote Made in Nigeria products The fair offers MSMEs a real life platform to hook up to not only market opportunities but also to network with relevant agencies in the MSME ecosystem SMEDAN has come to embrace the Ipodo fair because of the success recorded in the maiden edition and we shall continue to support MSMEs as they are the backbone of any thriving economy The agency recently organised a successful opportunity fair in collaboration with the Edo State Government in Benin City and next week we shall also be organising another opportunity fair in Jos All these are targeted at encouraging our MSMEs and boosting Made in Nigeria goods he said Fasanya pledged that SMEDAN would continue to step up sustainable programmes to boost the capacity of MSMEs in Nigeria According to him sustainable initiatives and organisation of trade fairs and expos as well as sensitisation will boost patronage of Made in Nigeria goods Most people are ignorant of the fact that quality and durable products are also produced by MSMEs in Nigeria he said Fasanya said that the Ipodo fair would show that Nigeria s MSMEs caould produce good things and this would make the people to have a rethink and improve on the patronage of locally made product He said that the agency was planning to host an opportunity fair for the people with disability in the near future The News Agency of Nigeria reports that the fair organised by SMEDAN is the second in the series NewsSourceCredit NAN
    100 SMEs to participate at 2022 Lagos MSMEs fair—SMEDAN
    Economy1 week ago

    100 SMEs to participate at 2022 Lagos MSMEs fair—SMEDAN

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says no fewer than 100 Small and Medium Enterprises are to participate at the 2022 Lagos MSMEs fair.

    The Director-General of SMEDAN, Mr Olawale Fasanya said this in a statement issued on Thursday in Abuja.

    According to him, the event will afford exhibitors the opportunity to showcase their wares and enjoy business advisory services on how to upscale their businesses.

    According to Fasanya, the fair scheduled to hold in Ipodo, Ikeja from Sept. 26 to Sept. 30, has as its theme “Competing for Market’’.

    “Over 100 MSMEs are expected to participate in the 2022 MSMEs fair to be held in Ipodo, Ikeja, Lagos State next Monday.

    “This year’s MSMEs fair in Ipodo will afford exhibitors the opportunity to showcase their wares as well as enjoy business advisory services from SMEDAN on how to upscale their businesses,’’ Fasanya said.

    He described MSMEs fairs as veritable ground to promote Made-in-Nigeria products.

    “The fair offers MSMEs a real life platform to hook up to not only market opportunities but also to network with relevant agencies in the MSME ecosystem.

    “SMEDAN has come to embrace the Ipodo fair because of the success recorded in the maiden edition and we shall continue to support MSMEs as they are the backbone of any thriving economy.

    “The agency recently organised a successful opportunity fair in collaboration with the Edo State Government in Benin City and next week, we shall also be organising another opportunity fair in Jos. “All these are targeted at encouraging our MSMEs and boosting Made-in-Nigeria goods,’’ he said.

    Fasanya pledged that SMEDAN would continue to step up sustainable programmes to boost the capacity of MSMEs in Nigeria.

    According to him, sustainable initiatives and organisation of trade fairs and expos as well as sensitisation will boost patronage of Made-in- Nigeria goods.

    “Most people are ignorant of the fact that quality and durable products are also produced by MSMEs in Nigeria,” he said.

    Fasanya said that the Ipodo fair would show that Nigeria’s MSMEs caould produce good things and this would make the people to have a rethink and improve on the patronage of locally made product.

    He said that the agency was planning to host an opportunity fair for the people with disability in the near future.

    The News Agency of Nigeria reports that the fair organised by SMEDAN is the second in the series.


    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN has trained 40 Internally Displaced Persons IDPs Prison Inmates and Retired Civil Servants in Katsina State The Director General DG of the Agency Mr Olawale Fasanya disclosed this to the News Agency of Nigeria on the sideline of the training in Katsina onTuesday Represented by Alhaji Ado Bello Deputy Director DD Enterprisership Headquarters Abuja Fasanya said N8 5 million was spent on the procurement of skills materials which was given free of charge to the participants after the training He noted that the training was designed to provide enterpreneurship and vocational skills as well as provide equipment to fill the existing gaps to the target group We decided to assist these vulnerable group because insecurity had forced them out of their ancestral homes to take refuge in IDPs Camps About 700 000 of inmates men and women were released from prisons each year most of them were still rearrested after returning home because they dont have stable income or employment to take care of themselves hence they still indulge in criminalities A lot of public servants who spent their lives serving the nation don t even have skills of doing something to stand on their own According the DG it is in view of these that most of them ran into serious problems and subsequently die of frustration Therefore we feel it is pertinent that we designed the Micro Small and Medium Enterprises MSME programme to support these vulnerable class to acquire skills that will make them earn a living and become relevant in the society he added The News Agency of Nigeria reports that out of the 40 participants that benefitted in the training 20 of them got 20 make up materials at the rate of N250 000 each Another set of 20 people got 20 sowing machines at the rate of N175 000 each which made the total N8 5 million www ng NewsSourceCredit NAN
    SMEDAN trains 40 IDPs, inmates, spends N8.5m on skills materials in Katsina
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN has trained 40 Internally Displaced Persons IDPs Prison Inmates and Retired Civil Servants in Katsina State The Director General DG of the Agency Mr Olawale Fasanya disclosed this to the News Agency of Nigeria on the sideline of the training in Katsina onTuesday Represented by Alhaji Ado Bello Deputy Director DD Enterprisership Headquarters Abuja Fasanya said N8 5 million was spent on the procurement of skills materials which was given free of charge to the participants after the training He noted that the training was designed to provide enterpreneurship and vocational skills as well as provide equipment to fill the existing gaps to the target group We decided to assist these vulnerable group because insecurity had forced them out of their ancestral homes to take refuge in IDPs Camps About 700 000 of inmates men and women were released from prisons each year most of them were still rearrested after returning home because they dont have stable income or employment to take care of themselves hence they still indulge in criminalities A lot of public servants who spent their lives serving the nation don t even have skills of doing something to stand on their own According the DG it is in view of these that most of them ran into serious problems and subsequently die of frustration Therefore we feel it is pertinent that we designed the Micro Small and Medium Enterprises MSME programme to support these vulnerable class to acquire skills that will make them earn a living and become relevant in the society he added The News Agency of Nigeria reports that out of the 40 participants that benefitted in the training 20 of them got 20 make up materials at the rate of N250 000 each Another set of 20 people got 20 sowing machines at the rate of N175 000 each which made the total N8 5 million www ng NewsSourceCredit NAN
    SMEDAN trains 40 IDPs, inmates, spends N8.5m on skills materials in Katsina
    Economy1 week ago

    SMEDAN trains 40 IDPs, inmates, spends N8.5m on skills materials in Katsina

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has trained 40 Internally Displaced Persons (IDPs), Prison Inmates and Retired Civil Servants in Katsina State.

    The Director- General (DG) of the Agency, Mr. Olawale Fasanya, disclosed this to the News Agency of Nigeria on the sideline of the training in Katsina onTuesday.

    Represented by Alhaji Ado Bello, Deputy Director (DD), Enterprisership, Headquarters, Abuja, Fasanya said N8.5 million was spent on the procurement of skills materials which was given free of charge to the participants after the training.

    He noted that the training was designed to provide enterpreneurship and vocational skills as well as provide equipment to fill the existing gaps to the target group.

    “We decided to assist these vulnerable group because insecurity had forced them out of their ancestral homes to take refuge in IDPs Camps, “About 700,000 of inmates, men and women were released from prisons each year, most of them were still rearrested after returning home because they dont have stable income or employment to take care of themselves, hence they still indulge in criminalities.

    ” “A lot of public servants who spent their lives serving the nation don’t even have skills of doing something to stand on their own.

    According the DG, it is in view of these that most of them ran into serious problems and subsequently die of frustration.

    “Therefore, we feel it is pertinent that we designed the Micro Small and Medium Enterprises (MSME) programme to support these vulnerable class to acquire skills that will make them earn a living and become relevant in the society,” he added.

    The News Agency of Nigeria , reports that out of the 40 participants that benefitted in the training, 20 of them got 20 make-up materials at the rate of N250,000 each.

    Another set of 20 people got 20 sowing machines at the rate of N175,000 each which made the total N8.5 million www.

    ng
    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN on Tuesday began specialised skills development programme for 40 retirees in Imo The SMEDAN Director General Mr Olawale Fasanya who started the programme on Tuesday in Owerri said it was aimed to promote skills development and financial independence among retirees Fasanya who was represented by the Assistant Director Enterprise Development and Promotion Mr Tunde Oloidi said the programme would be on Micro Small and Medium Enterprises MSME He said this would not only alleviate poverty but also promote self reliance He added that the programme would enhance participants engagement in productive ventures as they would be provided with starter packs in vulcanising and food processing at the end of the training Oloidi noted that the decision to focus on food processing and vulcanising stemmed from the assessment exercise conducted by the state manager of the agency It is a programme designed to provide entrepreneurship skills refresher vocational skills and provision of empowerment materials to fill capacity gaps of the target group This will ensure they earn income through filling the artisanal gap in Nigeria and consequently promote skills development among retirees he said He further commended the state Governor Hope Uzodimma for providing an enabling environment for MSMEs to thrive in the state Also Mr Paul Ozumba the Commissioner for Labour Productivity and Employment commended SMEDAN for promoting job creation and empowerment in the state Ozumba who was represented by Mr Kelechi Ekomaru a staff of the ministry also commended the agency for including Imo in the programme and urged beneficiaries to make the most of the opportunity Earlier the state Chairman of the Nigerian Union of Pensioners Dr Josiah Ugochukwu said the programme was a welcome innovation and perfect for pensioners He said most pensioners had nothing to fall back on after retirement and as such would greatly benefit from the programme This is a well thought out programme and it is a welcome development most of us have been idle because we have nothing to fall back on after retirement This will go a long way in alleviating the idleness while giving us a chance to earn a little more in addition to our pension and help us with our responsibilities he said NewsSourceCredit NAN
    SMEDAN trains 40 Imo retirees on special skills development
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN on Tuesday began specialised skills development programme for 40 retirees in Imo The SMEDAN Director General Mr Olawale Fasanya who started the programme on Tuesday in Owerri said it was aimed to promote skills development and financial independence among retirees Fasanya who was represented by the Assistant Director Enterprise Development and Promotion Mr Tunde Oloidi said the programme would be on Micro Small and Medium Enterprises MSME He said this would not only alleviate poverty but also promote self reliance He added that the programme would enhance participants engagement in productive ventures as they would be provided with starter packs in vulcanising and food processing at the end of the training Oloidi noted that the decision to focus on food processing and vulcanising stemmed from the assessment exercise conducted by the state manager of the agency It is a programme designed to provide entrepreneurship skills refresher vocational skills and provision of empowerment materials to fill capacity gaps of the target group This will ensure they earn income through filling the artisanal gap in Nigeria and consequently promote skills development among retirees he said He further commended the state Governor Hope Uzodimma for providing an enabling environment for MSMEs to thrive in the state Also Mr Paul Ozumba the Commissioner for Labour Productivity and Employment commended SMEDAN for promoting job creation and empowerment in the state Ozumba who was represented by Mr Kelechi Ekomaru a staff of the ministry also commended the agency for including Imo in the programme and urged beneficiaries to make the most of the opportunity Earlier the state Chairman of the Nigerian Union of Pensioners Dr Josiah Ugochukwu said the programme was a welcome innovation and perfect for pensioners He said most pensioners had nothing to fall back on after retirement and as such would greatly benefit from the programme This is a well thought out programme and it is a welcome development most of us have been idle because we have nothing to fall back on after retirement This will go a long way in alleviating the idleness while giving us a chance to earn a little more in addition to our pension and help us with our responsibilities he said NewsSourceCredit NAN
    SMEDAN trains 40 Imo retirees on special skills development
    General news1 week ago

    SMEDAN trains 40 Imo retirees on special skills development

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Tuesday began  specialised skills development programme for 40 retirees in Imo. The SMEDAN Director General, Mr Olawale Fasanya, who started the programme on Tuesday in Owerri, said it was aimed to promote skills development and financial independence among retirees.

    Fasanya who was represented by the Assistant Director, Enterprise Development and Promotion, Mr Tunde Oloidi, said the programme would be on Micro, Small and Medium Enterprises (MSME).

    He said this would not only alleviate poverty but also promote self-reliance.

    He added that the programme would enhance participants’ engagement in productive ventures as they would be provided with starter packs in vulcanising and food processing at the end of the training.

    Oloidi noted that the decision to focus on food processing and vulcanising stemmed from the assessment exercise conducted by the state manager of the agency.

    “It is a programme designed to provide entrepreneurship skills, refresher vocational skills and provision of empowerment materials to fill capacity gaps of the target group.

    “This will ensure they earn income through filling the artisanal gap in Nigeria and consequently promote skills development among retirees,” he said.

    He further commended the state Governor, Hope Uzodimma, for providing an enabling environment for MSMEs to thrive in the state.

    Also, Mr Paul Ozumba, the Commissioner for Labour, Productivity and Employment, commended SMEDAN for promoting job creation and empowerment in the state.

    Ozumba, who was represented by Mr Kelechi Ekomaru, a staff of the ministry also commended the agency for including Imo in the programme and urged beneficiaries to make the most of the opportunity.

    Earlier, the state Chairman of the Nigerian Union of Pensioners, Dr Josiah Ugochukwu, said the programme was a welcome innovation and perfect for pensioners.

    He said most pensioners had nothing to fall back on after retirement and as such, would greatly benefit from the programme.

    “This is a well thought out programme and it is a welcome development; most of us have been idle because we have nothing to fall back on after retirement.

    “This will go a long way in alleviating the idleness while giving us a chance to earn a little more in addition to our pension and help us with our responsibilities,” he said.


    NewsSourceCredit: NAN

  •  NAN The Small and Medium Enterprises Development Agency of Nigeria SMEDAN has commenced training of 240 Internally Displaced Persons IDPs correctional inmates and retirees on entrepreneurial skills across six states of the federation Mr Olawale Fasanya Director General of the agency stated this while flagging off a five day training of Specialised Skills Development for Micro Small and Medium Enterprises MSMEs programme in Minna on Monday Fasanya said that the 240 beneficiaries from Niger Ondo Imo Katsina Borno and Rivers states would be trained on entrepreneurship vocational skills for self reliance as well as empowerment materials He explained that the programme which is in three folds would provide startup package and support to the IDPs retirees as well as correctional inmates in a special way According to him the programme is aimed at creating jobs and alleviate poverty through empowering IDPs inmates and retirees to ensure that they became self reliant and financially independent Fasanya further said that the agency had implemented Conditional Grant Transfer Scheme for micro enterprises in Nigeria in which 40 000 entrepreneurs from 22 states across the country have benefitted from N50 000 grant He also explained that the agency is implementing One Local Government One Product initiative in all the senatorial districts in Nigeria In his remarks Malam Adamu Salihu Director General Niger State Chamber of Commerce advised retired civil servants to as a matter of urgency acquire various skills that would make them more productive in the society NAN NewsSourceCredit NAN
    SMEDAN commences training of IDPs, inmates on vocational, entrepreneurship skills 
     NAN The Small and Medium Enterprises Development Agency of Nigeria SMEDAN has commenced training of 240 Internally Displaced Persons IDPs correctional inmates and retirees on entrepreneurial skills across six states of the federation Mr Olawale Fasanya Director General of the agency stated this while flagging off a five day training of Specialised Skills Development for Micro Small and Medium Enterprises MSMEs programme in Minna on Monday Fasanya said that the 240 beneficiaries from Niger Ondo Imo Katsina Borno and Rivers states would be trained on entrepreneurship vocational skills for self reliance as well as empowerment materials He explained that the programme which is in three folds would provide startup package and support to the IDPs retirees as well as correctional inmates in a special way According to him the programme is aimed at creating jobs and alleviate poverty through empowering IDPs inmates and retirees to ensure that they became self reliant and financially independent Fasanya further said that the agency had implemented Conditional Grant Transfer Scheme for micro enterprises in Nigeria in which 40 000 entrepreneurs from 22 states across the country have benefitted from N50 000 grant He also explained that the agency is implementing One Local Government One Product initiative in all the senatorial districts in Nigeria In his remarks Malam Adamu Salihu Director General Niger State Chamber of Commerce advised retired civil servants to as a matter of urgency acquire various skills that would make them more productive in the society NAN NewsSourceCredit NAN
    SMEDAN commences training of IDPs, inmates on vocational, entrepreneurship skills 
    General news2 weeks ago

    SMEDAN commences training of IDPs, inmates on vocational, entrepreneurship skills 

    NAN) The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has commenced training of 240 Internally Displaced Persons (IDPs), correctional inmates and retirees on entrepreneurial skills  across six states of the federation.

    Mr Olawale Fasanya, Director-General of the agency stated this while flagging off a five-day training of Specialised Skills Development for Micro, Small and Medium Enterprises (MSMEs) programme in Minna on Monday.

    Fasanya said that the 240 beneficiaries from Niger, Ondo, Imo,  Katsina, Borno and Rivers states would be trained on entrepreneurship, vocational skills for self reliance as well as empowerment materials.

    He explained that the programme,  which is in three folds would  provide startup package and support to the IDPs, retirees as well as correctional inmates in a special way.

    According to him the programme is aimed at creating jobs and alleviate poverty through empowering IDPs, inmates and retirees to ensure that they became self reliant and financially independent.

    Fasanya further said that  the agency had implemented Conditional Grant Transfer Scheme for micro enterprises in Nigeria, in which 40,000 entrepreneurs from 22 states across the country have benefitted from N50,000 grant.

    He also explained that the agency is implementing One Local Government One Product initiative in all the senatorial districts in Nigeria.

    In his remarks, Malam Adamu Salihu, Director-General Niger State Chamber of Commerce, advised retired civil servants to as a matter of urgency, acquire various skills that would make them more productive in the society.

    ( NAN)
    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN says modalities are in place to train 40 prisoners Internally Displaced Persons IDPs and retirees on entrepreneurial skills According to a statement issued on Sunday in Abuja by Mr Monday Ewans the Director Enterprises Development and Promotion SMEDAN the four day training scheduled to begin on Monday would take place in six states They are Ondo Niger Katsina Imo Borno and Rivers According to Ewans the beneficiaries will be provided with empowerment materials for start up or scaling of their enterprises He emphasised that raising employment levels among youths required a skill based training model essential in making a smooth and sustainable transition to employment This alternative educational path fosters skills acquisition and development for a professional working life It creates self reliance reduces the issues of social unrest unemployment and dependency Ewans said He expressed concern that in spite the growing economic empowerment programmes youths continue to experience unequal access to education and skills development Ewans said they also face barriers to securing employment and opportunities to thrive as entrepreneurs More so as insecurity affects the country a lot of Nigerians are forced to vacate their ancestral homes into temporary abodes called Internally Displaced Persons IDPs camps In these camps all the persons are not given the opportunity to be exposed to the acquisition of livelihood skills entrepreneurship and vocational to enable them to return to financially independent lives after the camp experience It is imperative that a deliberate action is taken to empower these IDPs post the camp experience Ewans said He said that a lot of public servants spend their lives serving the nation without having the opportunity of acquiring livelihood skills that would support them after retirement Most of them run into serious problems and even die from lack of financial resources illness and the likes It is important to provide an opportunity for these set of people to acquire skills that will make them relevant during their post retirement years Ewans said According to him the programme aims at promoting skills development among IDPs prison inmates and retirees SMEDAN is committed to the conduct of a large number of vocational and entrepreneurship development programmes in specific skills relating to trades like electronics electrical and food processing among others This will enable the trainees to start or scale their own businesses It will create jobs and alleviate poverty through empowering IDPs inmates and retirees Also it will ensure that they become self reliant and financially independent as well as reintegrate them especially IDPs and inmates into the society and provide a sense of belonging to them it is also to equip them especially inmates with surviving skills that will make them become meaningfully engaged and not to go back to criminal activities Ewans said NewsSourceCredit NAN
    SMEDAN set to train 40 prisoners on entrepreneurial skills
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN says modalities are in place to train 40 prisoners Internally Displaced Persons IDPs and retirees on entrepreneurial skills According to a statement issued on Sunday in Abuja by Mr Monday Ewans the Director Enterprises Development and Promotion SMEDAN the four day training scheduled to begin on Monday would take place in six states They are Ondo Niger Katsina Imo Borno and Rivers According to Ewans the beneficiaries will be provided with empowerment materials for start up or scaling of their enterprises He emphasised that raising employment levels among youths required a skill based training model essential in making a smooth and sustainable transition to employment This alternative educational path fosters skills acquisition and development for a professional working life It creates self reliance reduces the issues of social unrest unemployment and dependency Ewans said He expressed concern that in spite the growing economic empowerment programmes youths continue to experience unequal access to education and skills development Ewans said they also face barriers to securing employment and opportunities to thrive as entrepreneurs More so as insecurity affects the country a lot of Nigerians are forced to vacate their ancestral homes into temporary abodes called Internally Displaced Persons IDPs camps In these camps all the persons are not given the opportunity to be exposed to the acquisition of livelihood skills entrepreneurship and vocational to enable them to return to financially independent lives after the camp experience It is imperative that a deliberate action is taken to empower these IDPs post the camp experience Ewans said He said that a lot of public servants spend their lives serving the nation without having the opportunity of acquiring livelihood skills that would support them after retirement Most of them run into serious problems and even die from lack of financial resources illness and the likes It is important to provide an opportunity for these set of people to acquire skills that will make them relevant during their post retirement years Ewans said According to him the programme aims at promoting skills development among IDPs prison inmates and retirees SMEDAN is committed to the conduct of a large number of vocational and entrepreneurship development programmes in specific skills relating to trades like electronics electrical and food processing among others This will enable the trainees to start or scale their own businesses It will create jobs and alleviate poverty through empowering IDPs inmates and retirees Also it will ensure that they become self reliant and financially independent as well as reintegrate them especially IDPs and inmates into the society and provide a sense of belonging to them it is also to equip them especially inmates with surviving skills that will make them become meaningfully engaged and not to go back to criminal activities Ewans said NewsSourceCredit NAN
    SMEDAN set to train 40 prisoners on entrepreneurial skills
    Economy2 weeks ago

    SMEDAN set to train 40 prisoners on entrepreneurial skills

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says modalities are in place to train 40 prisoners, Internally Displaced Persons (IDPs) and retirees on entrepreneurial skills According to a statement issued on Sunday in Abuja by Mr Monday Ewans, the Director, Enterprises Development and Promotion, SMEDAN, the four-day training scheduled to begin on Monday would take place in six states.

    They are Ondo, Niger, Katsina, Imo, Borno and Rivers.

    According to Ewans, the beneficiaries will be provided with empowerment materials for start-up or scaling of their enterprises.

    He emphasised that raising employment levels among youths required a skill-based training model essential in making a smooth and sustainable transition to employment.

    “This alternative educational path fosters skills acquisition and development for a professional working life.

    “It creates self-reliance, reduces the issues of social unrest, unemployment and dependency,’’ Ewans said.

    He expressed concern that in spite the growing economic empowerment programmes, youths continue to experience unequal access to education and skills development.

    Ewans said they also face barriers to securing employment and opportunities to thrive as entrepreneurs.

    “More so, as insecurity affects the country, a lot of Nigerians are forced to vacate their ancestral homes into temporary abodes called Internally Displaced Persons (IDPs) camps.

    “In these camps, all the persons are not given the opportunity to be exposed to the acquisition of livelihood skills (entrepreneurship and vocational) to enable them to return to financially independent lives after the camp experience.

    “It is imperative that a deliberate action is taken to empower these IDPs post the camp experience,’’ Ewans said.

    He said that a lot of public servants spend their lives serving the nation without having the opportunity of acquiring livelihood skills that would support them after retirement.

    “Most of them run into serious problems and even die from lack of financial resources, illness and the likes.

    “It is important to provide an opportunity for these set of people to acquire skills that will make them relevant during their post retirement years,’’ Ewans said.

    According to him, the programme aims at promoting skills development among IDPs, prison inmates and retirees.

    “SMEDAN is committed to the conduct of a large number of vocational and entrepreneurship development programmes in specific skills relating to trades like electronics, electrical, and food processing among others “This will enable the trainees to start or scale their own businesses.

    “It will create jobs and alleviate poverty through empowering IDPs, inmates and retirees.

    “Also, it will ensure that they become self-reliant and financially independent as well as reintegrate them, especially IDPs and inmates into the society and provide a sense of belonging to them.

    “it is also to equip them, especially inmates with surviving skills that will make them become meaningfully engaged and not to go back to criminal activities,’’ Ewans said.


    NewsSourceCredit: NAN

  •  The Small and Medium Enterprises Development Agency of Nigeria SMEDAN says it will continue to create opportunities for MSMEs to penetrate local and international markets The Director General of SMEDAN Olawale Fasanya said this at the opening of the Micro Small and Medium Scale Enterprises MSMEs Opportunity Fair 2022 in Benin on Wednesday Fasanya said lack of access to market was one of the challenges that was preventing MSMEs from expanding as well as being competitive The idea of the Opportunity Fair is to impact MSMEs It is a way to assist them to access market technology finance networking capacity building If all these are put in place it means their businesses will run better He said the fair was a one stop shop to solve the challenges of MSMEs as the different regulatory and business promotion bodies as well as financial institutions were on ground to provide support Also speaking Gov Godwin Obaseki of Edo said that one could not underscore the fact that MSMEs were the engine of any economy as they remained the largest employers of labour Obaseki said the theme for the Fair Expanding Market Access for Nigerian MSMEs reinforced his administration s objectives to partner with private sector to promote enterprise and skills development in the state In Edo we have been intentional in creating the right atmosphere for the development of small businesses which have been anchored on the state skills development drive The governor was represented by Hon Afishetu Braimoh the Commissioner for Industry Trade and Cooperative in Edo The governor urged MSMEs owners attending the Fair to leverage the platform provided to showcase their products services and innovation Speaking in his capacity as Commissioner Braimoh said the state had initiated a project tagged Farm to Table where 20 made in Edo products would be promoted to the shelter of top shops in the state Braimoh said that the Fair would help MSMEs tackle challenges of lack of market information access to market as well as harnessing of export potential Represented by Mrs Evelyn Imode the Director Trade and Promotion in the ministry the Commissioner said this exhibition is a clarion call on all Edo people to improve their patronage of goods and services made in the state MSMEs activities in the state range from processing to production of consumer goods from supply of input to the real estate distribution and creative industries among others In her remarks wife of Edo Governor Mrs Betsy Obaseki who declared the Fair opened commended the organisers as well as sponsors for providing an opportunity for MSMEs to grow their businesses Obaseki said that Edo government was passionate about the growth and sustainability of MSMES noting that the Production Hub in the state had provided a space for businesses to enjoy minimum cost of production NewsSourceCredit NAN
    SMEDAN, Edo Govt, reteriate commitment to promote market access for MSMEs
     The Small and Medium Enterprises Development Agency of Nigeria SMEDAN says it will continue to create opportunities for MSMEs to penetrate local and international markets The Director General of SMEDAN Olawale Fasanya said this at the opening of the Micro Small and Medium Scale Enterprises MSMEs Opportunity Fair 2022 in Benin on Wednesday Fasanya said lack of access to market was one of the challenges that was preventing MSMEs from expanding as well as being competitive The idea of the Opportunity Fair is to impact MSMEs It is a way to assist them to access market technology finance networking capacity building If all these are put in place it means their businesses will run better He said the fair was a one stop shop to solve the challenges of MSMEs as the different regulatory and business promotion bodies as well as financial institutions were on ground to provide support Also speaking Gov Godwin Obaseki of Edo said that one could not underscore the fact that MSMEs were the engine of any economy as they remained the largest employers of labour Obaseki said the theme for the Fair Expanding Market Access for Nigerian MSMEs reinforced his administration s objectives to partner with private sector to promote enterprise and skills development in the state In Edo we have been intentional in creating the right atmosphere for the development of small businesses which have been anchored on the state skills development drive The governor was represented by Hon Afishetu Braimoh the Commissioner for Industry Trade and Cooperative in Edo The governor urged MSMEs owners attending the Fair to leverage the platform provided to showcase their products services and innovation Speaking in his capacity as Commissioner Braimoh said the state had initiated a project tagged Farm to Table where 20 made in Edo products would be promoted to the shelter of top shops in the state Braimoh said that the Fair would help MSMEs tackle challenges of lack of market information access to market as well as harnessing of export potential Represented by Mrs Evelyn Imode the Director Trade and Promotion in the ministry the Commissioner said this exhibition is a clarion call on all Edo people to improve their patronage of goods and services made in the state MSMEs activities in the state range from processing to production of consumer goods from supply of input to the real estate distribution and creative industries among others In her remarks wife of Edo Governor Mrs Betsy Obaseki who declared the Fair opened commended the organisers as well as sponsors for providing an opportunity for MSMEs to grow their businesses Obaseki said that Edo government was passionate about the growth and sustainability of MSMES noting that the Production Hub in the state had provided a space for businesses to enjoy minimum cost of production NewsSourceCredit NAN
    SMEDAN, Edo Govt, reteriate commitment to promote market access for MSMEs
    Economy3 weeks ago

    SMEDAN, Edo Govt, reteriate commitment to promote market access for MSMEs

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says it will continue to create opportunities for MSMEs to penetrate local and international markets.

    The Director-General of SMEDAN, Olawale Fasanya, said this at the opening of the Micro, Small and Medium Scale Enterprises (MSMEs)  Opportunity Fair 2022 in Benin on Wednesday.

    Fasanya said lack of access to market was one of the challenges that was preventing MSMEs from expanding as well as being competitive.

    “The idea of the Opportunity Fair is to impact MSMEs, It is a way to assist them to access market, technology, finance, networking, capacity building.

    “If all these are put in place, it means their businesses will run better.

    ” He said the fair was a one -stop shop to solve the challenges of MSMEs as the different regulatory and business promotion bodies as well as financial institutions were on ground to provide support.

    Also speaking, Gov. Godwin Obaseki of Edo, said that one could not underscore the fact that MSMEs were the engine of any economy, as they remained the largest employers of labour.

    Obaseki said the theme for the Fair, ‘Expanding Market Access for Nigerian MSMEs’, reinforced his administration’s objectives to partner with private sector to promote enterprise and skills development in the state.

    ”‘In Edo, we have been intentional in creating the right atmosphere for the development of small businesses, which have been anchored on the state skills development drive.

    ” The governor was represented by Hon Afishetu Braimoh, the Commissioner for Industry, Trade and Cooperative in Edo. The governor urged MSMEs owners attending the Fair to leverage the platform provided to showcase their products, services and innovation.

    Speaking in his capacity as Commissioner,  Braimoh said the state had initiated a project tagged “Farm to Table” where 20 made in Edo products would be promoted to the shelter of top shops in the state.

    Braimoh said that the Fair would help MSMEs tackle challenges of lack of market information, access to market as well as harnessing of export potential.

    Represented by Mrs Evelyn Imode, the Director, Trade and Promotion in the ministry, the Commissioner said, “this exhibition is a clarion call on all Edo people to improve their patronage of goods and services made in the state.

    ” “MSMEs activities in the state range from processing to production of consumer goods, from supply of input to the real estate, distribution, and creative industries, among others.

    ” In her remarks, wife of Edo Governor, Mrs Betsy Obaseki, who declared the Fair opened, commended the organisers as well as sponsors for providing an opportunity for MSMEs to grow their businesses.

    Obaseki said that Edo government was passionate about the growth and sustainability of MSMES, noting that the Production Hub in the state had provided a space for businesses to enjoy minimum cost of production.


    NewsSourceCredit: NAN