Business
Foundation Urges Women’s Participation In SMEs
The founder of Foundation for Skills Development (FSD), Mrs
Omowale Ogunrinde, says women remain a
potent force in growing Small and Medium Scale Enterprises (SMEs) in the
country.
Ogunrinde spoke with our correspondent at the venue of a
seminar for women on “Global Business, Improving Profits and Production,’’ last Thursday in Lagos.
She said that providing sustainable and qualitative entrepreneurial skills for women was one of the avenues of economic development.
“I want to encourage Nigerian women to key into programmes
like this and to also tell their friends because only then can the economy
grow,” Ogunrinde said.
She said that her foundation collaborated with sponsors to
empower and expose the participants to global best economic practices.
“Anyone can register to acquire specific skills, which could
be free or paid for in our quest to transform lives through self-employment,”
she said.
Mr Gbenga Ogunjide, Lagos State Coordinator, Small and
Medium Enterprises Development Agency (SMEDAN), said that such seminars availed
Nigerians opportunities to sharpen their management skills.
He said that SMEDANwas committed to providing development
funds to small-scale businesses in the country.
“One of the challenges in the sector is the access to funds
and SMEDAN has plans to open an SME bank,” he said.
Mr Fatai Yusuf, founder of Ola-Ola instant food, in a
keynote address, said that operators of SME’s in Nigeria were more at risk than
those in other businesses.
Yusuf, who lauded the FSD founder, identified infrastructure
as a major challenge to the growth of small businesses.
Yusuf, an award recipient for his contributions to the
growth of SMEs, noted that countries had their peculiar challenges.
“There are business challenges in every country; it is only
advisable to see these challenges as a means of getting a result,” he said.
Celestina Steve-Obiago, a beneficiary of the foundation,
lauded it foundation for providing her with managerial skills.
Mr Daniel Whiteman, a representative of the U.S. Embassy,
said the United Nations Development Progamme had shown that Africa would enjoy
seven per cent growth by 2015.
Whiteman urgedAfrican governments to key into the projection
and increase their tempo of development.
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