News
Jonathan Inaugurates Council On MSMEs

Rivers State Solicitor General/Permanent Secretary, Ministry of Justice, Evang Rufus Godwins (left) conferring with the State Head of Service, Barr Samuel T. Long John, during the Civil Service Week celebration in Port Harcourt, recently. Photo: Chris Monyanaga
President Goodluck Jonathan yesterday inaugurated the National Council on Micro, Small and Medium Enterprises (MSMEs).
The President charged the council members to expand the frontiers of MSME, which he said was key to job creation in the country and needed for the country to attain “self-sufficiency.”
At the inauguration which took place at the presidential villa, Abuja, Jonathan also appointed Vice President Namadi Sambo as the Chairman of the council.
The President said, “This council shall have the mandate to develop, support, and grow small businesses in Nigeria. To underline the importance of this council, I have asked the Vice President to chair the council because of its strategic importance on small business development and the economy of the country at large.
“A National Technical Implementation Committee will be chaired by the Honourable Minister of Industry, Trade and Investment, to serve the National Council on MSMEs and fast-track the implementation of its mandate.”
He also expressed hope that in addition to the 10 states where MSME councils had already been set up, the MSME structure would soon be set up in other states of the federation.
He charged members of the council to make its priority the clearing of all encumbrances denying small business owners easy access to the N220billion provided by the Central Bank for the MSME purpose.
The President said, “The N220billion MSME fund provided by the Central Bank which I launched a few weeks ago for small businesses, will begin to address access to finance for small businesses, and NEDEP will play a role to ensuring that MSMEs in the country are bankable and viable enough to access these funds, as well as other MSME funds available.
“An urgent priority I expect this Council to take up, is the development of a detailed Financing Value Chain Intervention strategy for MSMEs, so as to address the difficulties put in the way of small businesses in their strive to access finance.”
He described Nigeria as having “the ninth largest work force in the world” and its people among “the most enterprising in the world”.
He added, “A 2010 survey carried out by SMEDAN and the National Bureau of Statistics, shows that there were 17.2million MSMEs in Nigeria, employing over 32million people.
News
198 UNIBEN Students Bag First Class
News
Bayelsa Education Fund, British Council trains tra 1,000 teachers
News
RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
-
News4 days agoRSG Woos Investors As PHCCIMA Unveils Port Harcourt Int’l Trade Fair
-
Sports3 days agoBarca Impress On Return To Camp Nou
-
Niger Delta3 days agoTraditional Ruler Seeks End To Benin Artifacts Unauthorized Promotion
-
Sports3 days agoSunderland Fall At Fulham
-
Sports3 days agoBundesliga: Oliseh Stars As Bayern Rebound To Thrash Freiburg
-
Sports3 days agoOgoni Nation Cup: Victory Against Amee Base Excites Coach
-
Sports3 days agoForest Embarrass Liverpool At Anfield
-
Oil & Energy3 days agoNERC Sets December 31 For CSP Registration, Mandates N100,000 Non-refundable Registration Fee
