Nation

SMEDAN Advocates Stakeholders’ Support For MSMEs

Published

3 years ago

October 1, 2023

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has urged stakeholders within the Micro Small and Medium Enterprises’ (MSMEs) ecosystem to create a more supportive environment for MSME’s to grow, thrive and contribute to the economy.
The Chief Executive Officer, SMEDAN, Dr Olawale Fasanya, gave the advice at a two-day MSMEs Business Summit, organised by Innovation Centre for Leadership and Entrepreneurship Development (ICLED) in collaboration with SMEDAN in Lagos.
The Tide’s source reports that the summit had the theme, “Renewing MSMESs in Nigeria: Navigating Disruption and Embracing Change in the New Digital World”.
Fasanya said the latest survey the agency conducted with the National Bureau of Statistics in 2017 revealed Nigeria had about 41.2 million MSMEs and in 2020, about 39.6 million.

According to him, the country lost about three million as a result of COVID-19.
Fasanya, represented by a Director in SMEDAN, Dr Friday Okpara, noted that within the 39.6 million MSMEs in 2020, about 96.9 per cent were within NANO and micro enterprises.
He said, “that is to tell us that 3.1 per cent is just small and medium sized; and that is a big job for those within the MSMEs ecosystem.
“Especially SMEDAN, Standards Organisation of Nigeria, Nigerian Export Promotion Council, National Agency for Food and Drug Administration and Control, amongst others.
“We should see to how we can mainstream these 96.9 per cent micro enterprises to small and medium sized; and if you look at the type of crisis we are having in terms of youth unemployment and we say we have 39.6 million MSMEs, assuming we employ one each, a lot will be off the market.
“This is part of the mandate of the agency to ensure that we have the capacity to make a small legion of that to enable them contribute more to the GDP”.
The SMEDAN boss also noted that the MSMEs had made an encouraging contribution to the country’s Gross Domestic Product of 46.31 per cent, saying that more needed to be done.
“Their contribution to exports is very minimal compared to India that has about 42.5 per cent contribution of MSMEs to exports; equally in 2017, their contribution to export was about 7.27 per cent but the 2020 figure has shown us that there is a decline to 6.21 per cent.
“This means that SMEDAN should collaborate more and partner more with the Nigerian Export Promotion Council to enable us to have more MSMEs, especially with the recent Africa Continental Free Trade Area in which Nigeria is a big player among the 64 African countries”, Fasanya said.
Prof. Stephen Aliu, Team Leader, Centre for Entrepreneurship Development and Wealth Creation and Faculty Member, ICLED Business School, said fostering growth and development of MSMEs would require relevant stakeholders to implement best practices as done in other climes.
“SMEs often face challenges in accessing finance due to limited collateral or credit history.
“Governments and financial institutions should develop tailored financial products such as microloans, venture capital funds, or crowd funding platforms to provide affordable and accessible financing options for SMEs.
“Additionally, promoting financial literacy and offering business advisory services can help SMEs improve their financial management capabilities.
“Simplify regulations and reduce bureaucratic barriers, enhance entrepreneurship education and training, foster innovation and technology adoption, facilitate market access and internationalisation and build supportive ecosystems.

Nation

World Health Day: Rivers Govt Urges Regular Medical Check-Ups, Healthy Living

Published

2 days ago

April 10, 2026

The Tide

The Rivers State Government has called on residents to prioritize regular medical check-ups as part of efforts to promote healthier living and prevent disease.

This message was contained in a statement issued by the Rivers State Ministry of Health in Port Harcourt to commemorate the 2026 World Health Day.

The statement, signed by the Permanent Secretary of the ministry, Prof. Justina Jumbo, urged citizens to rely on credible health information from institutions such as the World Health Organization and the Nigeria Centre for Disease Control, as well as other verified media outlets.

Jumbo emphasized the importance of adopting scientifically proven health practices, including regular handwashing with soap and clean water for at least 20 seconds, the use of hand sanitizers where necessary, and proper respiratory hygiene such as covering the mouth and nose while coughing or sneezing.

She further advised residents to ensure that children receive routine vaccinations, maintain a balanced diet, reduce the intake of salt, sugar, and unhealthy fats, and consume safe, clean water.

The Permanent Secretary also encouraged regular physical activity, recommending at least 30 minutes of exercise most days, while discouraging prolonged periods of inactivity. She stressed the need for adherence to prescribed treatments, avoidance of tobacco use and harmful drugs, and moderation in alcohol consumption.

In addition, Jumbo highlighted the importance of sleeping under insecticide-treated mosquito nets to prevent malaria, maintaining proper sanitation and waste disposal, and managing stress through adequate rest, relaxation, and social support.

Speaking on this year’s theme, “Together for Health: Stand with Science,” she called on individuals, families, communities, and governments to collaborate and rely on scientific knowledge to improve overall health and well-being.

“Science has helped us achieve remarkable progress in healthcare—from vaccines that protect our children to medicines that treat diseases and public health practices that prevent outbreaks,” she said.

She, however, noted that the benefits of science can only be fully realized when people trust accurate information and make informed health decisions.

“Standing with science means listening to trained health professionals, following proven health guidelines, rejecting misinformation and harmful myths, and supporting vaccination, hygiene, and preventive care,” Jumbo added.

The Permanent Secretary further disclosed that the Ministry of Health, under the leadership of Governor Siminalayi Fubara, has recently employed trained health professionals into the Rivers State University Teaching Hospital and the Hospital Management Board to strengthen healthcare delivery.

She urged residents to make health facilities their first point of call whenever they experience any health challenges and called for greater support for healthcare workers who continue to dedicate their lives to saving others.

By John Bibor

Nation

Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim

Published

2 days ago

April 10, 2026

The Tide

The Youth President of Rumuji Community in Emohua Local Government Area of Rivers State, Hon. Emeka S. Igwe, has condemned the recent protest to the Government House and Greenville NLNG Limited, allegedly instigated by one Anele Ogbu.

In a press statement signed by him and made available to journalists in Port Harcourt, Igwe dissociated the Rumuji community from the protest, describing it as counterproductive and not sanctioned by his office.

He also dismissed claims that the Rivers State Government is planning to empower over 100 youths in Odegu Kingdom and other communities in Emohua Local Government Area, stating that he has no knowledge of such an initiative.

Igwe warned Anele Ogbu to desist from actions capable of inciting unrest in the area, alleging that misleading information has been consistently circulated to deceive unsuspecting members of the public.

He expressed concern over what he described as a growing trend of misinformation, noting that if the purported government empowerment programme were genuine, it would have been officially communicated through appropriate government channels.

According to him, as the youth president of Rumuji, he would have been duly informed and mobilised youths from the community to participate in such a programme if it truly existed.

Igwe further questioned the credibility of the claims, arguing that an initiative of such magnitude targeting at least 100 youths per community across Emohua would not be disseminated informally by a single individual.

He reiterated that the protest did not emanate from his office and maintained that Anele Ogbu lacked the authority to mobilise youths on behalf of the Rumuji community.

The youth leader also alleged that an ongoing arson case involving Ogbu has contributed to tension and unrest in the community, further deepening divisions among residents.

He explained that the purpose of the statement was to clarify the situation, correct what he described as false narratives, and calm rising tensions in the area.

Igwe urged parents and guardians to caution their wards against being misled into participating in activities that could lead to unnecessary conflicts.

He also advised the general public to verify information from credible sources before acting on it, stressing the need for vigilance in the face of increasing misinformation.

“It is important for people to ask critical questions and avoid being drawn into actions that may have serious consequences,” he said.

The Rumuji youth president reaffirmed his commitment to promoting peace and constructive engagement within the community.

John Bibor

Nation

Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship

Published

2 days ago

April 10, 2026

The Tide

The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.

The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.

Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.

George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.

“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.

“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.

The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.

It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.

Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.

Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.

“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.

The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.

Tonye Orabere