96% of SMEs are mi­cro - SMEDAN

Daily Trust - - NEWS - By Vic­to­ria Onehi

The Direc­tor-Gen­eral of the Small and Medium En­ter­prises De­vel­op­ment Agency of Nige­ria (SMEDAN), Dr. Dikko Umaru Radda, said 96 per­cent of MSMEs in the coun­try are mi­cro and the agency is do­ing all it can to for­malise them to ac­cess funds.

He made this known while re­ceiv­ing the Plateau State gover­nor, Rt. Hon Si­mon La­long, in his of­fice re­cently.

Radda said SMEDAN is well po­si­tioned to as­sist state gov­ern­ments in de­vel­op­ing and pro­mot­ing Mi­cro Small and Medium En­ter­prises (MSMEs) con­sid­er­ing the strate­gic im­por­tance of the sec­tor to cre­ate wealth and al­le­vi­ate poverty.

Dr Radda noted that the agency was be­ing repo­si­tioned to meet the chal­lenges of the present times, adding that the visit of the Plateau State chief ex­ec­u­tive to the agency was not only apt but en­cour­ag­ing.

He said SMEDAN would as­sist the state in key ar­eas of busi­ness de­vel­op­ment ser­vices and en­trepreneur­ship train­ing.

Gover­nor La­long said SMEDAN was key to ac­tu­al­is­ing one of his agenda for youth and women in the state, hence the es­tab­lish­ment of the state MSME agency.

He said he was at the agency to in­tro­duce the head of the newly formed Plateau State Small and Medium En­ter­prises De­vel­op­ment Agency, Mr Hag­gai Gu­tap, to the direc­tor gen­eral so that both agen­cies could syn­er­gise on how to de­velop MSMEs in the state.

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