Home Politics FG Launches MSMEs National Council for Job Security
Politics

FG Launches MSMEs National Council for Job Security

Share
Share

The Federal Government has launched the National Council on Micro, Small, and Medium Enterprises (MSMEs) to facilitate small businesses in the country.

MSMEs council was officially inaugurated by Vice President Kashim Shettima on Friday.

The director-general of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, disclosed the information during a press briefing at the Presidential Villa in Abuja.

Odii said:

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

“The council will cascade to the different states, and at the state levels, all state governors are the heads and chairmen of this council.

“And, as SMEDAN, we will be the secretariat, and our job basically is to make sure that this council runs, small businesses can come and get everything they need to start, grow and scale their businesses.”

In his directive, Shettima instructed the DG of SMEDAN and the Senior Special Assistant to the President on MSMEs and Job Creation, Office of the Vice President, to provide him with the council’s progress report every two weeks.

To ensure effective implementation, SMEDAN will be reaching out to all state governors, informing them about the council’s operation following its inauguration.

He said:

We lost three million small businesses from our last statistics, and this loss of small businesses borders around insecurity, access to finance, climate and global competitiveness for small businesses.

“So in terms of access to finance, we have announced a N5 billion, nine per cent no collateral loan for small businesses across the country in partnership with the Sterling Bank.

“We got N30 billion from Access Bank as well as another fund for the youth and women.”

Members of the newly inaugurated council were the Vice President (Chairman); minister of industry, trade and investment (Vice Chairman) and two governors from each of the six geo-political zones.

Others were the ministers of agriculture, innovation, science and technology, and communication and digital economy and senior special assistant to the President on job creation and MSMEs, representative of the private sector; and the director-general of SMEDAN (Secretary).

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Chinese No Longer Give Us Loan – Amaechi
Politics

Amaechi, El-Rufai, Atiku Unite to Take Down Tinubu’s Government

Former Rivers Governor Rotimi Amaechi has called for opposition unity to seize...

Eno
Politics

I Admire And Love PDP, But It’s Time To Progressively Move – Gov Eno

The Akwa Ibom State Governor, Umo Eno has stated that he loves...

We'll Use BVAS in Bayelsa Governorship Election — INEC
Politics

INEC announces new date for Ekiti, Osun governorship elections

The Independent National Electoral Commission has announced Saturday, July 20, and Saturday,...

Bako Amgbashim: Fubara Announces N100m Bounty on Killers of Rivers DPO
Politics

Fubara, Wike Reconciliation: Rivers Governor Seeks Peace After Months of Turmoil

Rivers State Governor Siminalayi Fubara has expressed optimism about restoring peace with...

5win
RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush