In a momentous development for MSMEs in Nigeria, the inauguration of the National Council on MSMEs took place today, chaired by His Excellency the Vice President, Kashim Shettima. In his address, he passionately underscored the pivotal roles of MSMEs and the young workforce in propelling job creation and economic growth. He also urged all key stakeholders present from various MDAs to unite their efforts, emphasizing the need for collective support towards fostering a more enabling environment for small businesses.

SMEDAN, as the secretariat of this council, is committed to establishing a robust administrative framework at both federal and state levels. In my address to the stakeholders present, I highlighted the diverse initiatives through which we are dedicated to ensuring the attainment of the objectives of this body, contributing to a more prosperous nation.

The council’s establishment marks a significant step forward in recognizing and strengthening the vital contributions of MSMEs to Nigeria’s economic landscape. By providing a platform for dialogue, collaboration, and strategic planning, the council aims to address the challenges faced by small businesses and enhance their capacity to drive sustainable growth.

As we embark on this new journey, SMEDAN is poised to leverage its expertise and resources to support the council’s mission. Our focus will be on streamlining processes, facilitating access to funding, and creating opportunities for capacity building. We believe that with the collective effort of all stakeholders, we can create an ecosystem that nurtures innovation, fosters entrepreneurship, and ultimately, transforms Nigeria’s economic prospects.

The inauguration of the National Council on MSMEs represents a pivotal moment in our commitment to empowering small businesses and driving economic development. Together, we will work towards a future where MSMEs thrive, contribute to national prosperity, and play a central role in shaping the country’s economic future.