Vice President, Senator Kashim Shettima has inaugurated a fashion hub and Adire shared facility in Ogun State with a promise to continue to support Micro, Small and Medium Enterprises, MSMEs, in the country.
Senator Shettima while addressing the people at the second expanded National MSMEs business clinic held at the June 12 cultural centre, Kuto, Abeokuta also announced instant cash grants to over two hundred beneficiaries in the state.
The Expanded National MSMEs Business Clinic is an initiative of the Federal Government being implemented in collaboration with State governments.
It is geared towards providing lasting solutions to challenges hindering the development of Micro, Small and Medium Enterprises, and MSMEs, as well as helping MSMEs have access to capital, formalize their businesses and also exhibit their products.
Vice President Kashim Shettima, during the occasion, inaugurated a Fashion Hub project at the Old OGTV auditorium with more than 150 state-of-the-art tailoring equipment provided for stakeholders in the fashion industry as well as the Adire shared facility at Asero, Abeokuta.
Senator Shettima who described the second expanded National Micro, Small and Medium Enterprises as a strategic intervention to fortify the foundation of small businesses as done in Benue State in February maintained that the programme was designed to bridge the gap between the government and the people.
The Vice President who said the gesture was part of the present administration’s commitment to support enterprises and empower the owners used the occasion to solicit the continued support of Nigerians for President Bola Tinubu in his quest to reposition the country’s economy.
In a remark, Governor Dapo Abiodun of Ogun State said the present administration would continue to initiate friendly policies and programmes that would further assist small businesses to thrive.
Governor Abiodun who described Micro, Small and Medium scale Enterprises as the bedrock of the economy which he said contributed about fifty per cent to the gross domestic product, GDP, identified lack of access to finance, poor power supply and infrastructure as some of the challenges affecting the growth of the small scale businesses.
Also, The minister of Finance and coordinating minister of the economy, Mr Wale Edun said President Bola Tinubu would continue his intervention programmes, especially for people at the grassroots level.
Earlier, the Commissioner for Industry, Trade and Investment, Ogun State, Mr Adebola Sofela, had commended the Federal government for supporting the MSMEs with state of the art facility which he said demonstrated determination and hope for Nigeria.
The programme attracted captains of industries from both the public and private sectors of the economy and National and State Assembly lawmakers.
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