Economy

FG Empowers Over 200 Nigerians

The Federal Government Through The Small And Medium Enterprises Development Agency, SMEDAN Has Presented Empowerment Materials To Over Two Hundred Beneficiaries Of The National Business Skills Development Initiative And National Vocational And Entrepreneurship Scheme In Osun State.

The Materials Were Handed Over To The beneficiaries And Cooperative Groups In Osogbo, The Osun State Capital By The Director General Of SMEDAN, Mr Olawale Fasanya.

The Materials Included Laptops, Computer Repairs Kits And GSM Repairs Kit, Industrial Machine For Fashion, Leather Works Machine And Catering Equipments.

In A Key Note Address During The Presentation, The SMEDAN Director General, Mr Olawale Fasanya Explained That The Programme Was Built On Fundamental Objectives Aimed At Creating A Functional Macro Economy And Making Life Better For Nigerians.

“The Expected Outcomes Of The Programme Include Improved Business Management Practice, Increased Access To Finance, Equipment And Other Business Resources, Improved service Provision/Delivery By Skilled Artisans, Improved Wealth Creation, Employment Generation And Poverty Reduction.”

Mr Fasanya Added That In The National Business Skills Development Initiative And National Vocational And Entrepreneurship Scheme, Three Thousand, Three Hundred And Thirty Women And Three Thousand One Hundred And Forty-Five Youths Would Be Trained Throughout The Thirty-Six States Of The Country.

He Explained That In A Bid To Confront The Challenges Facing Medium, And Small, MSMEs In Nigeria, The Agency Was Implementing A Number Of Policies Which Include MSME Mass Registration, Export Facilitation Programme, Accreditation Of Business Service Providers, One Local Government One Product And Opportunity Fairs And Exhibition.

“Conditional Grant Scheme, CGS: The Programme Seeks To   Promote The Activities Of Micro Enterprises Across The Country In The Areas Of Capacity Building, Access To Finance, N50,000.00 Grants, Business Names Registration With Corporate Affairs Commission, CAC , Access To Markets And The Delivery Of Post-Intervention Support Services.”

“Matching Fund: This Is Another Funding Window For All Nmsmes In Agricultural Value Chain 1.E From Upstream To Downstream. Are You A Farmer Or Processor Who Is Willing To Create Employment Through Value Addition? The Agency Is Inviting You To Apply For The Next Stream Of the Matching Fund Programme. The Advert Will Come Out In The Next Few Weeks”

In A Good Will Message, The President Of The Osun State Chamber Of Commerce And Industry, Elder Bisi Makanjuola Commended The Federal Government For It’s Commitment To Improving the Entrepreneurial Capacity Of Young Nigerians And Women In Particular.

Elder Makanjuola Advised Nigerian Youths To Key Into The Many Opportunities Being Created By The Federal Government Through SMEDAN Rather Than Planning To Join Those Who Are Running Away From The Country.

Some Of The Beneficiaries, Including Mr Akindele Isola And Mrs Abimbola Adeniyi Thanked The Federal Government For The Opportunity And Appealed For Its Expansion So That It Can Cover More Youths And Women.

Declaring The Programme Open, The Osun State Commissioner For Commerce, Industry, Cooperative And Empowerment, Dr Bode Olaonipekun Announced That About Fifteen Thousand People Had Benefited From The State Government’s Entrepreneurial Programme Which Was Supported By SMEDAN.

Adenitan Akinola

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