From Our Correspondent
Vice-President Kashim Shettima has assured the Federal Government’s commitment to the prosperity of Micro, Small and Medium Enterprises (MSMEs) in the country.
Shettima gave the assurance at the World MSMEs Day (Joint Nigeria and African Union event), held in Abuja.
TheNewsZenith reports that the Deputy Chief of Staff to the President, Sen. Ibrahim Hadejia, represented the Vice-president at the event.
”It is no wonder that the United Nations has dedicated June 27 to recognise MSMEs and to celebrate them for their immense contributions to nations’ economies.
”In Nigeria, the stakes are even higher when it comes to MSMEs.
“MSMEs in Nigeria account for 96 per cent of all businesses. They contribute to our economy by over 45 per cent.
”Without them, 80 per cent of the current Nigerian workforce will be without employment,” the VP said.
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According to him, if MSMEs prosper, Nigeria prospers, if MSMEs prosper, Africa prospers and if MSMEs prosper, the entire world prospers.
Shettima commended the leadership of the African Union Commission for partnering with the Nigerian Government to bring together relevant stakeholders to find better ways to support MSMEs in the continent.
In his remarks, the Senior Special Assistant to the President on Job Creation and MSMEs, Mr Tola Adekunle-Johnson thanked Wema Bank for partnering with the Presidency to expand opportunities for MSMEs to thrive.
Adekunle-Johnson, reiterated the determination of the federal government to ensure that MSMEs access single-digit loans easily.
“The essence of the partnership is to ensure that small businesses are able to get single-digit loans,” he said.
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