Environment

SMEs: What Importance To Nigerian Economy?

Published

6 years ago

October 28, 2020

The Small and Medium Enterprises (SMEs) sector, in recent times, has suffered many setbacks due to the COVID-19 pandemic and the #EndSARS protests that are currently rocking the country.
This week, The Tide’s Business Unit takes a look at the importance of the SMEs to the Nigerian economy and why the sector should be given proper attention by the government.
Our senior correspondent, Lilian Peters, went to town to have a chat with some entrepreneurs in Port Harcourt and here is what she came back with.
Chief Executive Officer of BenFather Enterprises, Rev. John Benneth, believes that without the SMEs, the demand and supply of the masses in any society cannot be met.
“The SMEs are the economic hub of the country and play a very important role in revenue generation.
“It is unfortunate that the same sector has not been given the required attention to thrive which will in turn benefit the society.
“Government should provide conducive environment for the SMEs and checkmate the excesses of touts and police who take undue advantage of the sector”, he said.
Rev. Bennett noted that many investors had left the country due to insecurity and lack of conducive business environment.
According to him, the harsh economic reality in the country has negatively affected the SMEs. He said the sector required urgent attention of the government to bounce back.
On the ongoing #EndSARS protests in the country, he said, “the youths are fighting a just cause, but unpatriotic Nigerians have hijacked the protests which resulted in the destruction of lives, property and even the business of SMEs”.
Chief Executive Officer/Managing Director of GEEPICS International Limited, Mr Gideon Emeh, says SMEs play a major role in the nation’s economy.
“The only way a nation can boast of a sustainable economic growth is by having a stabilised SME which is the backbone of any economy.
“Growth of SMEs is a sign of a good economy because they pay taxes, provide jobs for others and are also responsible for currency flow”, he said.
Emeh who deals on system softwares, security and engineering programming said the Federal Government has not done enough to help the growth of SMEs in the area of stable power supply, good infrastructure and harmonised taxation.
He urged small and medium entrepreneurs to always invest in self development and acquisition of current skills.
“When you do trial and error in business, chances are that you may succeed out of perseverance or fail out of frustration”, he said.

Managing Director of Ogbom Welding & Fabrication Works, Mr Christopher Ogbonna Nduka, says the importance of SMEs cannot be over-emphasised in the society.
SMEs, he noted, play an important role in reducing crime rate, providing services to the masses and also maintaining the systems put in place by the government.
According to him, “just as welding works provide security to properties, so do SMEs secure economic growth for the country”.
Nduka noted in strong terms that any country that wants a sustainable economy does not play with the entrepreneurs who drive its economy.
“Nigeria should make more moves to help the SMEs in the country to develop like other countries.
“Here, government is only interested in collecting one revenue or the other. Nobody cares for our welfare. Whether we make gain or not, we must generate revenue to all the three tiers of government in addition to contending with the touts who are ready to fight and destroy our working tools.
“This is the reason why we have many businesses closed down after the COVID-19 pandemic and now EndSARS”, he said.

Managing Director of DIDI Concepts, Mrs Lilian Ndidi Onuoha, says the SMEs play a very important role in the development of any nation.
Mrs Onuoha who deals on wares said, “the SMEs do not depend on government for employment, but rather create jobs for themselves and even employ people to reduce the level of unemployment that increases the crime rate in the society”.
She however, observed that the SMEs in Nigeria today “are below average compared to those of other countries.
“Government needs to do more in terms of financial support, encouragement and infrastructural development,”
She added that “the #EndSARS protests have also impacted negatively on the SMEs. The initial motive of the protesters was good but hoodlums hijacked it and damaged, looted and burnt businesses that SMEs built, nurtured and grew for many years”.

Environment

MOSOP – Tinubu Not Sincere With Ogoni People For Oil Resumption

Published

2 days ago

May 18, 2026

The Tide

The Movement for the Survival of the Ogoni People, MOSOP, has accused President Bola Ahmed Tinubu of lacking sincerity in ongoing efforts to restart oil exploration in Ogoniland, insisting that key confidence-building promises remain unfulfilled.Gas price forecast

Spokesperson of the Anda Wai-Ogosu faction of MOSOP, Mr. Oscar Imeabe, made the allegation while speaking at the May stakeholders’ meeting organised by Pipeline Infrastructure Nigeria Limited, PINL, in Port Harcourt.

Imeabe said the Federal Government had failed to implement critical measures it earlier described as confidence-building steps toward the resumption of oil production in Ogoni land.

He specifically cited the Federal University of Environmental Technology in Ogoni, noting that although the institution commenced operations in September 2025, it had not received any operational funding from the Federal Government as of May 2026.

“Part of the confidence building measures by President Tinubu was the establishment of the Federal University of Environmental Technology in Ogoni. The school took off since September 2025, but as we speak, this is May 2026, the Federal Government has not released any funds for the running of that university,” Imeabe said.

“So where is the confidence building measures the president talked about?”

The MOSOP spokesman also referenced the legacy of environmental activism in the region, recalling the execution of Ogoni leader Ken Saro-Wiwa and others, and the longstanding grievances over environmental degradation and economic exclusion linked to oil production.Gas price forecast

“I want to also remind us that people like Ken Saro-Wiwa fought and died for this same oil operations in Ogoni. Oil was being pumped in thousands of barrels in Ogoni, while Ogoni communities remained impoverished and the environment degraded and devastated,” he added.

Imeabe stressed that MOSOP was not opposed to the resumption of oil production in Ogoni, but insisted that due process, inclusion, and community participation must be guaranteed.

“We are not against oil resumption in Ogoni, but we are saying that the right thing should be done. The people of Ogoni must be involved in the oil resumption process. The people of Ogoni must be part of oil production. The people of Ogoni must benefit from Ogoni oil,” he said.

He urged stakeholders and advisers within the Federal Government to prevail on President Tinubu to fulfil earlier commitments and rebuild trust with the Ogoni people before any restart of oil operations in the area.

By: Kiadum Edookor

Environment

FG Pledge Support For IOM To Address Climate Incuced In West And Central Africa

Published

2 days ago

May 18, 2026

The Tide

The Federal Government has pledged support for the International Organisation for Migration (IOM) initiative aimed at mobilising investment to address climate-induced migration in West and Central Africa.

The Minister of Environment, Mr Balarabe Lawal, made the commitment on Tuesday in Lagos at a regional conference organised by the IOM.

The Tide source reports that the conference was targeted at bridging the gap between climate change policy to the actual climate financing.

Lawal, who was represented by the Director of Climate Change in the ministry, Dr Iniobong Abiola-Awe, said Nigeria would continue to support efforts to bridge the gap between climate policy and financing.

The conference with the theme: “Migration and Climate Action in West and Central Africa: From Policy Commitment to Climate Mobility Investment,” brought together policymakers, development partners and financial institutions.

Lawal said the region was facing increasing environmental pressures, including desertification in the Sahel, coastal erosion in the Gulf of Guinea and flooding across major river basins.

“As widely recognised, climate change acts as a threat multiplier, intensifying vulnerabilities and influencing migration decisions.

“However, we must shift our perspective. Mobility is not only a crisis to be managed, but also a form of adaptation and a pathway to resilience when properly harnessed,” he said.

The minister said Nigeria had taken proactive steps through its National Adaptation Plan, which provides a long-term framework for building resilience and reducing vulnerability to climate risks.

He said the plan prioritised climate-resilient agriculture, water resource management, disaster risk reduction, urban resilience, infrastructure and ecosystem-based adaptation.

Lawal added that Nigeria was integrating human mobility into its climate policy frameworks, recognising migration as a legitimate adaptation strategy rather than solely a consequence of failed adaptation.

He said the country’s approach aligned with the Kampala Ministerial Declaration on Migration, Environment and Climate Change.

Lawal stressed the need for greater investment in climate finance, resilient infrastructure, livelihoods and stronger regional cooperation.

“Without adequate investment, policy commitments risk remaining aspirational,” he said.

He reaffirmed Nigeria’s readiness to collaborate with regional partners, development institutions and the private sector to strengthen climate mobility governance and institutional capacity.

In her opening remarks, the IOM Regional Director for West and Central Africa, Ms Sylvia Ekra, said climate change was already reshaping livelihoods, economies and migration patterns across the region.

She said more than two million people in West and Central Africa had already been displaced by disasters.

According to her, up to 32 million people in the region could be forced to move internally by 2050 if inclusive and effective climate action is not taken.

“Mobility is not only a crisis. It is also part of the solution, enabling people to adapt, manage risks and preserve livelihoods,” she said.

Ekra noted that while policy frameworks existed, responses remained fragmented and insufficient in scale.

She said the conference was significant because it brought together climate and migration stakeholders to jointly develop practical financing solutions.

Also speaking, the Head of Cooperation at the Delegation of the European Union to Nigeria and ECOWAS, Massimo De Luca, reaffirmed the European Union’s commitment to supporting IOM activities in Nigeria and across West and Central Africa.

De Luca described the EU as one of the world’s largest funding partners in the area of migration and said it would continue to work closely with the IOM on climate and migration issues.

Environment

NGOs Task Media On Investing In Climate Literacy

Published

2 days ago

May 18, 2026

The Tide

Non Governmental Organisations in Abuja have urged media organisations to invest in climate literacy, aiming to move beyond basic weather reporting toward in-depth, solution-oriented journalism.

The NGOs made the call at a two-day Media Training Conference on “Climate Governance and Gender Mainstreaming in the United Nations Framework Convention on Climate Change (UNFCCC) and Minamata Conventions”.

The Tide source reports that the training was organised by EnviroNews Advocacy & Campaigns for Sustainability (Endvocas) in collaboration with the Women Environmental Programme (WEP).

Rep. Sam Onuigbo, a former two-time member of the House of Representatives, said the media is a critical bridge between scientific knowledge and public action, necessitating specialised reporting to counter misinformation and drive accountability.

Onuigbo, who is also the sponsor of Nigeria’s Climate Change Act 2021, urged the media to also do investigative reports and have specialised environmental desks capable of sustaining informed public engagement.

“Journalism is the bridge between scientific knowledge and public consciousness.

“Scientists can publish reports, legislators can enact laws, and governments can formulate policies, but without journalists who translate technical realities into human understanding, public mobilisation becomes difficult.

“Climate journalism extends far beyond reporting temperature increases or covering international climate summits,” Onuigbo said.

According to him, Climate journalism involves holding governments accountable for climate commitments, investigating climate financing and environmental corruption and also to amplify the experiences of vulnerable communities.

“The Minamata Convention and Environmental Sustainability is beyond greenhouse gas emissions and rising temperatures.

“Environmental governance must also address toxic pollution and hazardous substances capable of threatening both human health and ecological sustainability.

“One of the most important international frameworks in this regard is the Minamata Convention on Mercury, adopted in 2013 and named after Minamata Bay in Japan where industrial mercury poisoning caused devastating health and environmental consequences.”

He stated that mercury pollution remains a major concern, particularly within artisanal and small-scale mining activities where unsafe mercury usage continues to contaminate water bodies, destroy ecosystems, and endanger human lives.

“The consequences include neurological disorders, developmental impairments, respiratory illnesses, and long-term ecological degradation.

“It is now a lived reality affecting communities across Nigeria and beyond. From devastating floods and desertification to food insecurity, displacement, shrinking water bodies, and rising temperatures.

“The consequences of climate disruption are already altering livelihoods and threatening national stability.

“Climate change is too large for one institution to solve alone. It demands a multistakeholder response involving legislatures, executives, the media, civil society, academia, the private sector, traditional institutions, women, and youths,” Onuigbo said.

Mr Michael Simire, Publisher of EnviroNews Nigeria, said that as climate impacts intensify across Nigeria, from devastating floods to heatwaves, biodiversity loss, and pollution, the need for informed, responsible, and gender responsive climate governance has never been more urgent.

“This is where the media stands tall.Journalists are not just storytellers; they are agenda setters, watchdogs, educators, and catalysts for change.

“The narratives you shape influence public perception, policy direction, and community action. When the media is empowered with knowledge, context, and clarity, society benefits from better governance, stronger advocacy, and more inclusive decision-making.

“Women and girls are disproportionately affected by climate change and mercury pollution, yet their voices remain underrepresented in policy spaces.

“Integrating gender perspectives into climate and environmental reporting is not optional, it is essential for justice, equity, and effective solutions,” Simire said.

Mr Steve Abu, the National Network Coordinator, Climate and Sustainable Development Network (CSDevNet) said that in Nigeria and across Africa, climate change is no longer a headline about tomorrow, it is the reality people are surviving today.

“This is why the role of journalists, storytellers, editors, broadcasters, and digital creators has been more critical.

“It is the media that translates complexity into public understanding. It is the media that gives human faces to scientific statistics.

“It is the media that can transform climate conversations from conference halls into kitchen-table discussions across Africa.

Dr Priscilla Achakpa, Founder and Global Lead, Women Environmental Programme said that environmental communication must go beyond headlines.

“Across the world, climate change is no longer a distant threat. It is here with us. We see it in rising temperatures, devastating floods, prolonged droughts, food insecurity, displacement of communities, and growing threats to livelihoods and public health.

“These environmental crises are not just scientific or policy issues. They are human stories. They are economic stories. They are justice stories.

Achakpa added that the role of the media had never been more critical; the media is not merely a channel for information but a force for transformation.

“Without informed and consistent environmental reporting, many citizens may never fully understand the dangers of climate change or the hidden impacts of chemical pollution.

“We need reporting that helps citizens understand why flooding is becoming more frequent, Why heatwaves are intensifying, why unsafe mining practices and mercury exposure matter and why environmental policies should concern every Nigerian.

She emphasised that the fight against climate change and pollution cannot be won by governments alone.

“The stories you tell can influence national priorities.

The questions you ask can drive accountability.

The facts you publish can save lives. And the awareness you create can shape a more sustainable future.

“Because the future of our environment is ultimately the future of our people.

Together, let us amplify the voices for climate justice, environmental protection, and sustainable development,” Achakpa said.

Dr Iniobong Abiola-Awe Director, Department of Climate Change in the Ministry of Environment, advocated gender responsive reporting as regards climate change.