Business

SMEDAN Unveils Plan To Support 3,330 Entrepreneurs With Skills, Equipment

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled a plan to support 3,330 entrepreneurs in the country with skills and equipments.

SMEDAN Director-General Olawale Fasanya announced this during the official inauguration ceremony of the National Skill Development Initiative ((NBSDI) in Katsina on Tuesday, July 26, 2022.

The SMEDAN DG said through the agency’s Business Skill Development and Promotions Director Monday Ewans, ho represented him t he event, that the programme will be implemented in all the 36 states and the Federal Capital Territory (FCT).

According to him, a total of 3,330 entrepreneurs would be impacted with entrepreneur and vocational skills, as well as empowerment materials to the tune of 90 per cent of their required needs.

“As at today, similar programme is commencing simultaneously in all the states within the North-West geopolitical zone of the country.

“Katsina State was chosen specifically for the official flag-off off ceremony in the zone in view of the state’s strategic support for Medium and Small Scale Enterprises (MSMEs) within the zone.

“At the end of the programme, the participants would have acquired improved knowledge on business practice and service delivery, increased access to finance, equipment and other business resources, among others” he said.

DG Fasanya noted that it was in a bid to support MSMEs in a practical way that SMEDAN developed NBSDI aimed at providing entrepreneurship and vocational skills, as well as providing equipment to the artisans.

The SMEDAN DG explained that the initiative would provide more professional knowledge to locally trained young artisans which would lead to a reduction in job losses to immigrants from neighbouring countries.