Business
Director Harps On Manufacturing Sector
The managing Director/Chief Executive of Rivers State Micro Finance Agency (RIMA), Mr. Innocent Iyalla Harry has said that no economy in any developing country can become vibrant by ignoring the manufacturing sector.
RIMA Chief Executive said this while presenting a paper at the annual General meeting of the Manufactures Association of Nigeria (MAN) Port Harcourt.
Harry who was the guest speakers at the MAN annual general meeting themed, “Small and Medium Enterprises as catalyst for Industrial Growth,” said small and Medium Business are the actual drives of economic growth, adding that there is strong evidence that small and growing busines are critical for job creation and employment in developing countries.
He noted that for the country State to achieve accelerated “broad based, inclusive, job creation growth,” there is the need to focus on labour and remove the barriers caused by regulation and taxes, as well as poor infrastructure.
Harry also stated the need to concentrate on granting manufactures access to finance and ensure that poor technical and management skills are handled.
He commended the effort of MAN to keep the country on the path of economic growth via Small and Medium Enterprises.
The speaker reiterated the effort of RIMA in trying to achieve the vision of Governor Rotimi Chibuike Ameachi in alleviating poverty from the people.
“RIMA have reached 2,444 entrepreneurs, thereby supporting the development of micro enterprise in our state. We have an estimated target to reach 10,000 by the end of this year, 40,000 by the end of 2013 with a projection of 100,000 by 2015.
Eelier, the chairman of MAN, Rivers|Bayelsa state, Mrs. Emilia Akpan in her welcome address said the AGM meeting is aimed at taking a stock or reflecting on the performance of manufacturers and the manufacturing sector in general in the past one year.
The chairman stressed the need for government to provide enabling environment for MAN, adding, “we have great potentials in the country and if properly harnessed, the sky can only be our starting point.
“Government and all stakeholders have to work together for the development of the states to creat jobs, empower the ordinary citizen and reduce poverty. We need to work together as partners in progress and not as competitors.”
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