MSMEs
FG Unveils Plans for Industrial Hubs in Kano, Abia, and Ogun
In a bold move to drive Nigeria’s industrial transformation, the Federal Government has announced plans to establish major industrial hubs in Kano, Abia, Lagos, and Ogun states. This initiative forms part of the implementation of the Tinubu administration’s Renewed Hope Agenda, aiming to revamp local production, boost employment, and reduce Nigeria’s dependence on imports. The […]
SMEDAN Moves to Power Jobs, Boost MSME Revenue
The Small and Medium Enterprises Development Agency (SMEDAN) has unveiled a transformative strategy aimed at propelling Nigeria’s Micro, Small, and Medium Enterprises (MSMEs) into a new era of growth. The strategy, called “GROW Nigerian,” is designed to create more job opportunities and significantly enhance the revenue generation capacity of the MSME sector. During an interaction […]
Lagos Partners with Banks to Create 10,000 MSME Jobs
In a major push to foster economic growth and support local businesses, the Lagos State Government, in collaboration with the Bank of Industry (BOI) and Sterling Bank, has launched a groundbreaking initiative aimed at empowering Micro, Small, and Medium Enterprises (MSMEs). The newly established partnership will provide MSMEs with access to affordable finance, offering single-digit […]
FG Announces #220m Grant for Exceptional MSMEs in Nigeria
The Federal Government of Nigeria has announced plans to reward innovative and resilient entrepreneurs who have excelled in their endeavors with prizes worth over N220 million. This initiative is part of the government’s efforts to recognize and support outstanding Micro, Small, and Medium Enterprises (MSMEs) in the country. The Senior Special Assistant to the President […]
Peter Obi Condemns Indiscriminate Market Closures, Advocates Support for MSMEs
Former Anambra State Governor and 2023 presidential candidate Peter Obi has reiterated his call. He advocates for the immediate reopening of markets not involved in illegal drug trading. Obi emphasized the importance of protecting small businesses, citing them as a vital component of Nigeria’s economy. Obi criticized uninformed decision-making by leaders, arguing that it leads […]