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    SMEDAN recommits support for MSMEs development

    Opalim LiftedBy Opalim LiftedJanuary 28, 2023No Comments3 Mins Read
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    SMEDAN
    SMEDAN
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    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says its renewed commitment to support entrepreneurship is aimed at boosting the national economy.

    Mr. Olawale Fasanya, the Director-General of SMEDAN, made this known at the closing ceremony of training for 80 Women on Self Employment Programme (WISE-P) in Lokoja on Friday.

    “The training is aimed at boosting food production to enhance food security,” he said.

    Malam Shuaibu Haruna, the Deputy Director of Planning in the agency, who represented the director-general, assured that SMEDAN would continue to support all entrepreneurs nationwide.

    “We want to assure Nigerians that we would achieve the MSMEs sub-sector on job creation and wealth creation as well as poverty alleviation.

    • SMEDAN starts single digit Interest rate microfinance loan

    “Having identified some gaps in MSMEs, our agency initiated the programme to orient women into farming and agri-business, and also assist those in active farming.

    “WISE-P particularly focuses on women who are into farming and agri-business (agro value chain) production as a means of providing incentives that would ease some of the gaps/challenges identified.

    “The programme is designed to provide entrepreneurship training, vocational training, empowerment with common facilities and delivery of Business Development Service (BDS) for eight (8) cooperative societies of 10 members each, totalling 80 participants per State,” he said.

    He explained that presently the programme was targeting 13 states across the six geo-political zones with a total of 1,040 participants.

    According to him, Phase 1 of the programme has commenced simultaneously in Delta, Kogi, Jigawa, Bauchi, Ekiti, and Kwara states.

    “The WISE-P is designed basically to promote self-reliance amongst women and empower them to achieve improved productivity and sustainability in agricultural businesses,” he said.

    He added that the training had exposed the trainees in terms of crop farming and agro-processing along the value chains to boost the production of raw materials for industrial utilization.

    “Evidence has shown that a lot of women are into farming and many more are willing to take up farming or Agri-business as a means of livelihood and self-employment, but are limited in progress because they do not have the requisite skills and finance required.”

    Fasanya, Director-General of SMEDAN said that in a bid to establish credible data on MSMEs in Nigeria to complement the National MSMEs Survey, the agency was currently conducting the Mass Registration Project (MMRP) nationwide.

    He noted that over three million MSMEs have registered on the platform, whose database would enhance evidence-based planning for the development of the sub-sector.

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