MSMEs are contributors to job creation, wealth creation, poverty alleviation – SMEDAN DG

NEWS DIGEST – The Director General of the Small and medium Enterprises Development Agency of Nigeria, SMEDAN, Dikko Umaru Radda, says Micro, Small and Medium Enterprises, MSMEs are contributors to job creation, wealth creation, poverty alleviation and the bedrock of industrialization.

The SMEDAN boss said this at the press conference targeted at heralding the celebration of the 2021 United Nations World MSME Day held at SMEDAN headquarters in Abuja on Wednesday, June 23.

Dr Dikko Umaru Radda noted that this year’s celebration special significance as the Office of the Vice President, Federal Republic of Nigeria is taking the lead in putting together a series of activities marking the day which includes a National discourse, a fashion/art exhibition and MSMEs awards.

He added that the press conference is to complement the efforts of the Vice President Yemi Osinbajo.

“As the Agency saddled with the responsibility for coordinating, facilitating and promoting the development of the MSMEs sub-sector in Nigeria, it is therefore incumbent on the Agency to anchor and support the annual World MSME Day. What we are doing here today is to complement the efforts of the Vice President.

“The theme for this year’s event ‘’MSMEs: Key to an inclusive and sustainable recovery’’ is apt as the whole world is gradually recovering from the covid-19 pandemic in which MSMEs were the Worst hit.  The theme points to the fact that MSMEs are the drivers of a sustainable economic recovery across the globe and this implies that all efforts must be geared towards supporting the MSMEs by all stakeholders including the public and private sectors”.

Objectives of celebrating the World MSME day

According to the DG, the objectives of celebrating the World MSME day is “To bring to limelight the challenges confronting MSMEs and to collectively proffer workable solutions.

“To increase public awareness of the Agency’s activities and achievements within the year under review.

“To also highlight the activities of other Ministries, Departments and Agencies (MDAs) and the private sector in supporting the growth and development of MSMEs in Nigeria”.

Dr Dikko Umaru Radda added that, “In supporting the MSMEs, which are about 41.5 million in Nigeria, to ensure their sustainable economic recovery, the Agency have been implementing several programmes including the Conditional Grant Scheme (CGS) for Micro Enterprises in Nigeria, the One Local Government, One Product (OLOP), the National Business Skills Development Initiative (NBSDI), the Matching Fund Programme, the SMEDAN Select programme and others”.

The Agency’s new activities

Dr Dikko Umaru Radda said, “Sensitization and awareness campaigns in both the print and electronic media.

“There will be an exhibition where various MSMEs will have the opportunity to showcase their products at the FCT SDS Exhibition Pavilion and Event Centre opposite Radio House, Area 10 Abuja.

“I will lead a roadshow from the SMEDAN Headquarters up to the exhibition ground in a carnival like manner. These events will be streamlined in both Facebook and other social media handles of the Agency”.

Dr Radda hinted that he will be participating at the National Discourse on MSMEs on June 24, 2021 with the Vice President, Professor Yemi Osinbanjo, the Honourable Minister, Federal Ministry of Industry, Trade and Investment, Otunba Adeniyi Adebayo and the Hon. Minister of State, Federal Ministry of Industry, Trade and Investment, Ambassador Maryam Katagum.

He added that he will be participating at the 4th National MSMEs Awards holding on Sunday, June 27, 2021 which would be hosted by the Vice President.

The SMEDAN boss concluded that the agency will continue to support the growth and development of a virile MSMEs sub-sector of our dream in Nigeria.