Rivers
Rivers Registers 3m SMEs Operators
The Rivers State Government, says it has so far registered over three million operators of Small and Medium Enterprises (SMEs) in the state.
Commissioner for Commerce and Industry, Mrs Ifeyinwa Nwankpa, said this at a one-day business forum/seminar for SMEs organized private sector and critical stakeholders in business operating in Rivers State.
Nwankpa, whose ministry organised the forum said, her ministry is also partnering with the Bank of Industry (BoI) to create opportunity for industrialists in the state access their activities.
She said the Corona- virus (Covid-19) pandemic has shown that SMEs is now the way to go as far as industrial- isation was concerned.
According to her, the workshop which was the first of its kind since the inception of the present administration in the ministry, was to interact with SMES operators in the state as well as enlighten them on how to benefit from the several credit facilities especially those being offered by the bank of industry.
Also speaking, the director of SMES in the ministry, Mrs Amie Saale, said the small and medium enterprises seats have become a critical component of the nation’s industrialisation and rural development.
While indentifying poor funding as a challenge facing the sector, she said, time had come for government at all levels to intervene to accelerate the SMES in the country.
Also speaking the state coordinator of Raw Materials Research and Development Council, Mrs G.O. Agbaim, said the Nigerian local content sector should be encouraged, adding that it is the only way to boost the nation’s economy.
According to her, indigenous raw materials must be developed to improve the nation’s economy and ensure sustainable future for the country.
She said Rivers State has abundant natural resources aside from oil and gas that can be tapped.
By: John Bibor & Oribim Ibama
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