Connect with us

SMEs

SMEDAN Trains 145 Youths On Skills Acquisition

Published

on

Small and Medium Enterprise Development Agency (SMEDAN) on Monday commenced a five-day vocational training for 145 youths in Kwara State.
The training, which covered three core areas of catering, tailoring and hairdressing, was under the agency’s National Skills Development Initiative (NBSDI).
One of the resource persons, Mrs Funto Babarinde told the participants that the entrepreneurial skills training would hold on Monday and Tuesday while vocational skills acquisition training would take place on Wednesday and Thursday.
She said that after the training, the participants would be empowered with equipment and materials to start their chosen businesses.
SMEDAN Director-General (DG), Dr Dikko Radda, in his keynote address, described Micro, Small and Medium Enterprises (MSMEs) as a critical sub-sector in the Nigerian economy.
Radda, who was represented by Mrs Funto Babarinde, said MSMEs accounted for the majority of the enterprises in Nigeria and the highest number of jobs created in the economy.
“The most recent National MSMEs Survey of 2017 revealed that there are 41,543,028 MSMEs, employing 59,647,954 (76.5 per cent of the labour force) and contributing 49.78 per cent and 7.64 per cent to nominal GDP and exports, respectively.
“These staggering statistics cannot be ignored in any serious economy. Properly harnessed, MSMEs can trigger an entrepreneurial revolution in Industry, Agriculture and Commerce in Nigeria.
“It seeks to pursue a drastic reduction in dependency poverty as most of the out-of-school youths who still rely on stipends from parents are empowered to become self-reliant,” he added.
According to the DG, the programme was being implemented in all the states of the federation and FCT.
He added that a total of 5, 365 entrepreneurs would be impacted with entrepreneurship and vocational skills, and empowerment materials, at the rate of 145 entrepreneurs per state and FCT
The DG added that SMEDAN was implementing the Conditional Grant Scheme (CGS) for micro-enterprises in Nigeria.
The programme he said involves capacity building, registration of the micro-enterprises with the CAC, provision of microinsurance and opening of bank accounts.
According to him, grants of N50, 000 had been provided for each of the 25,000 entrepreneurs under the programme in 16 states.
In her welcome address, SMEDAN Manager in Kwara, Zainab Abdulmalik said the vocational training was part of the federal government’s intervention to keep the youth out of the street.
The state Commissioner for Business, Innovation and Technology, Hajia Aminat Lawal urged the participants to develop a passion for the vocation they chose to learn.
The commissioner,who was represented by a Director in the ministry, Hajia Habibat Saidu, said the training was coming at a time when Gov AbdulRahman AbdulRazaq had lined up many programmes and policies in favour of youths.

Continue Reading

SMEs

PH To Host SME Ankara Carnival, Trade Exhibition

Published

on

Port Harcourt would next month play host to traditional fashion carnival/ trade exhibition.
The programme according to the organisers is aimed at prompting the business and rich cultural heritage of Nigerian traditional Ankara material.
Speaking in a telephone interview with The Tide, the programme Director of “PH Ankara Carnival”, Dr. Larry Goodwill Ajiola, said that Entrepreneurs in the fashion/designing industry would have the opportunity to showcase their talents.
Dr. Ajiola who is the Chief Executive Officer (CEO) of I.Conntact Connect Communications, Port Harcourt, said, “there will be Ankara trade exhibition, sales of both sewed and materials, in addition to the presence of manufacturers and distributors of Ankara materials.
“The event is meant to reach out to young and creative fashion/designers and models in the industry.
“It is a creativity carnival birth with passion driven vision which tends to influence and change the minds of young individuals about the Ankara clothings. The event would promote young entrepreneurs in the fashion industry”.
Dr. Larry who is also the Chairman of IEBS Matrixx co-operative, Port Harcourt noted that the theme of the event, “The unending Heritage in Africa Traditional Dressing”, has a lot to say about the sustenance of African culture.
He reiterated the need for Mass turn out for the October 10th programme, stressing that Ankara would be sold at an affordable price by the Manufacturers and distributors.

By: Lilian Peters

Continue Reading

SMEs

108 Ogoni Youths To Enjoy Entrepreneurial Training Abroad

Published

on

The Ogoni Liberation Initiative says it has concluded arrangement to train 108 Ogoni youths in various businesses and skills development abroad.
The President of the organisation Mr. Richard Douglas Fabeke who said this during the unveiling of a magazine in Port Harcourt, also hinted of the plan by the group for the establishment of a hitech polytechnic in Ogoni land.
Fabeke said the polytechnic which will be the first of its kind in the country will enable students to develop enterprenural skills.
According to him, the organisation has also acquired land for a university, adding that
Ogoni liberation initiative is not political but would focused on the development of Ogoni land.
Fabeke also warned the people against involving in violence, stressing that time has come for the people to focus on making Ogoni the industrial hub of Nigeria and the entire west Africa.
He also criticised the federal government amnesty programme, saying that the programme has not improved the life of any Ogoni youths.
 He said this is the time for the Ogoni to free themselves from economic slavery by tapping into programmes that will improve their lives.
Fabeke also said that Ogoni liberation initiative is registered in four countries adding that the organization is working with international media to spread the cause of the Ogonis across the world.
He said that Nigerian Petroleum Development Company (NPDC) is the preferred company for the Ogonis.
Fabeke said the magazine will enable members of the international communities to know the true situation of things in Ogoni Land, adding that one million jobs will be created through the magazine.

By: Oribim Ibama & Inimgba Victor

Continue Reading

SMEs

NIRSAL Trains 700,000 Farmers, Others On Agribusiness

Published

on

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has trained 700, 000 farmers and other agricultural value chain actors across the country, in its ongoing efforts to improve the capacity and productivity of Nigerian farmers.
“Since its inception, NIRSAL Plc has provided training on Good Agronomic Practices to over 700,000 farmers and trained over 2,600 mid-management and Agric desk officers of commercial banks,” the organization, disclosed in a statement, yesterday.
It said that it has just concluded a series of training sessions under the NIRSAL Strategic Business Support Services (SBSS) which were held in the six geo-political zones .
The agency described the programme as a continuation of efforts targeted at achieving a key component of NIRSAL PLc’s mandate: de-risking of the agricultural value chain in order to encourage more investment in agribusiness by the financial sector,
It addressed NIRSAL’s Technical Assistance pillar which aimed at building the capacity of value chain actors for improved production, handling, processing and marketing of agricultural commodities.
The sessions focused on 10 Commodities of Interest (COI) that have ecological and economic advantages in each region.
The commodities were: Rice, Ginger, Maize, Fresh Fruit & Vegetables (FFV), Cassava, Beans, Aquaculture, Oil Palm, Livestock and Cotton.
According to the organization, the choice of the selected commodities was informed by the NIRSAL Agricultural Commodity Ecological Area (ACEA) map which it developed and obtained validation for from relevant research institutes. NIRSAL Plc believes that ACEA-compliant agricultural investments hold the highest chances for success in terms of production and sale.
In the North-Central, the Benue State SBSS focused on Rice, Ginger and Maize, which are NIRSAL COIs that possess the highest factor productivity in the state.
“Consequently, in the Federal Capital Territory (FCT), the SBSS trained operators in the FFV Value Chain. The rationale for selecting FFV is hinged on the FCT’s urban consumer market. The training sessions took place in Kuje, Nyanya, Mararaba, Apo, Lugbe, the Municipal, Gwagwalada, Dei-Dei, and Abaji.
“In the South-South, the Rivers State SBSS focused on FFVs as well, in addition to Aquaculture. Stakeholders were trained in Rumuola, Wenpey, Aluu, Enekah, Elekahia, Eleme, Mgbuoba, Elelenwo, Igwuruta, Eliozu, and Rumuodomaya.

Continue Reading

Trending