Stay Tuned!

Subscribe to our newsletter to get our newest articles instantly!

Business

Innovating for Impact: Empowering Nigeria’s MSMEs on World MSME Day

On World MSME Day, Nigeria showcased its commitment to empowering the MSME sector, highlighting transformative initiatives aimed at revolutionizing support for small businesses. The day commenced with insightful discussions at @channelstelevision, exploring the challenges and opportunities faced by MSMEs nationwide.

A visit to the Ushafa Pottery Center provided an opportunity to engage with talented women potters and clay artists. Tools previously donated by @SMEDANGov were noted for their transformative impact on the artisans’ craft, despite persistent challenges such as training limitations and mobility issues affecting clay sourcing.

Discussions emphasized the urgent need for targeted training to optimize the use of time-saving tools and improve productivity. Commitments were made to enhance market access and provide specialized training, aiming to boost the sustainability and profitability of small enterprises in Nigeria.

At SMEDAN, World MSME Day celebrations included the launch of the #smallbutmighty campaign and innovative initiatives like #zerowaste and #wastetowealth. The unveiling of a new recycling facility marked a significant step towards promoting environmental sustainability while empowering small businesses nationwide.

Throughout the day, stakeholders were engaged to highlight ongoing efforts in strengthening the SME ecosystem. Emphasis was placed on collaborative strategies and policy enhancements aimed at creating an enabling environment conducive to the growth and innovation of MSMEs.

The day culminated in the prestigious 6th National MSME Awards, where outstanding small businesses were recognized for their contributions to Nigeria’s economic landscape. The event showcased their innovative approaches and managerial excellence, inspiring others within the sector.

World MSME Day served as a testament to Nigeria’s commitment to fostering growth and innovation within its MSME sector. Through strategic initiatives, collaborative partnerships, and unwavering support, Nigeria aims to empower MSMEs, drive economic growth, and promote sustainable development across the nation.

Segun Bakare

Segun Bakare

About Author

error: Content is protected !!