NDE boss harps on gains of in­for­mal sec­tor

Daily Trust - - BUSINESS - From Kehinde Akinyemi, Abeokuta

The Di­rec­tor Gen­eral of the Na­tional Direc­torate of Em­ploy­ment (NDE), Dr. Nasir Mo­hammedLadan, has said that the in­for­mal sec­tor of the econ­omy is the main key to the eco­nomic de­vel­op­ment of any na­tion.

The DG made the as­ser­tion at the open­ing cer­e­mony of the train­ing of 30 ar­ti­sans of dif­fer­ent skills in Ba­sic Busi­ness Train­ing (BBT) in Abeokuta, Ogun State.

Dr. Nasir Mo­hammedLadan, whose agency is re­spon­si­ble for the train­ing, said “Most of the de­vel­oped na­tions of the world did not achieve eco­nomic pros­per­ity be­cause of the large cor­po­ra­tions that ex­ist in them, but through the small busi­ness based in­for­mal sec­tor that pro­vided em­ploy­ment for the ma­jor­ity of their pop­u­lace.

“There­fore, the role of the lo­cal bar­ber, shoe shiner, cob­bler, hair­dresser, fash­ion de­signer and sim­i­lar play­ers in the econ­omy can­not be dis­re­garded. Af­ter all, the small time bar­ber can be­come a con­glom­er­ate to­mor­row.

The di­rec­tor gen­eral who was rep­re­sented by Engr. Femi Oyenekan, the

Ogun State Co­or­di­na­tor of the NDE, re­it­er­ated that de­spite the po­ten­tials of the in­for­mal sec­tor op­er­a­tors, “the ac­tu­al­iza­tion of their full im­pact can only be­come real when their busi­nesses are suc­cess­ful.

“This can only be achieved if they are able to man­age the tech­ni­cal and man­age­ment as­pects of their busi­nesses, hence this train­ing,” he said.

The Ba­sic Busi­ness Train­ing (BBT) scheme, it was stated, is takingoff only in 12 states of the Fed­er­a­tion; two states from each geopo­lit­i­cal zone. The twe12 pi­lot states are to pro­duce 360 par­tic­i­pants (trainees) with each state pro­duc­ing 30 par­tic­i­pants.

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