NACCIMA commends FG on MSME clinics nationwide

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has expressed satisfaction with the setting up of micro, small and medium enterprise (MSME) clinics all over the country by the Federal Government.

Dr Bassey Edem, NACCIMA President, represented by Chief Ndubisi Nworgu, used the occasion of the ongoing 2017 Enugu International Trade Fair to commend the government’s efforts at tackling challenges facing MSMEs in the country.



While urging government to intensify its rescue operation for MSMEs through its Economic Recovery and Growth Plan (ERGP), Edem declared that empowering players in the MSME sector is the fastest way a nation could achieve sustainable economic growth and development.

 “Ninety per cent of Private Sector Operators (OPS) are in the MSME sector; they are also players in the cottage industries. They are confronted daily with numerous challenges which include access to fund, multiple taxation, inefficient power supplies and lack of basic knowledge to start and run a good business,’’ he said.

The 10-day Enugu International Trade Fair organised with the theme of “Promoting Nigeria’s Industrial Sector and SMEs for Inclusive and Robust Economy’’ will  end on April 10.


Comments

Post a Comment

Popular posts from this blog

Agric forum to encourage greater technology use by women

Image
Organizers of a one-day agricultural forum for women in Benin, the Edo State capital, have said the event will focus on increasing the awareness of available agricultural and outreach technologies for women in agriculture. The forum which will be anchored by Market Development Programme in the Niger Delta (MADE) with funding from UK Aid, is collaborating with Markets II, funded by USAID and Foundation for Partnership Initiatives in the Niger Delta, PIND and the Edo State Cooperative Farmers’ Agency is being held for womenas part of activities to mark this year’s International Women’s Day. Mr. Fidelis Ekom, MADE’s Communications and Advocacy Manager, in a statement at the weekend said the forum also seeks to facilitate mindset change for women in the adoption of modern technologies and to facilitate engagement between women in agriculture and relevant value chain actors. Ekom said the forum will bring together women farmers in aquaculture, cassava, palm oil, poultry, hon...
Read more

7 FEPSAN members to produce 1m tonnes under Presidential Fertiliser Initiative

Image
Seven active blending companies within the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) have been revived and are among the 1st of five batches that would produce 1 million tonnes of fertiliser under the Presidential Fertiliser Initiative, Thomas Etuh, President of FEPSAN has said. Etuh who disclosed this while speaking on Presidential Fertiliser Initiative noted that most of the plants owned by FEPSAN members are being revived after being dormant for over a decade. He expressed the hope that more plants would join the initiative before the end of April “Some of the blending plants which have already been supplied with raw materials including phosphate from Morocco and are blending include Fertiliser and Chemicals Ltd, Kaduna, producing 300,000 metric tonnes; Al-Yuma Fertilizer Company (300,000 metric tonnes) in Madobi-Kano; Kano Agricultural Supply Company, supplying 15 trailers daily and Golden Fertiliser based in Lagos. “Others blending plants ha...
Read more

FG to build $20bn gas industrial park through PPP

Image
As part of the effort to drastically diversify the economy and reduce imports, the Federal Government has said it will establish a gas industrial park valued at about $20 billion through a Public-Private Partnership model in the Niger Delta. The project which will be known as ‘Gas Revolution Industrial Park, (GRIP)’ would serve as a regional hub for all gas-based industries in the country. Vice President Oluyemi Osinbajo Mr. Laolu Akande, Senior Special Assistant to the Acting President on Media and Publicity, who disclosed this in a statement on Monday in Abuja said GRIP was conceived from the recent interaction between the government and stakeholders in the Niger Delta. The statement added that the 2,700 hectares GRIP has been designated as a tax free zone and will be host to fertilizer, methanol, petrochemicals and aluminium plants. The plark will be sited at Ogidigen in Delta State. The statement quoted Osinbajo as saying the Buhari administration “is committe...
Read more