konga Ad Campaign konga Ad Campaign konga Ad Campaign
ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Wednesday, June 29, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
VICE PRESIDENT INSPECT THE 25TH EDITION OF MSME

VICE PRESIDENT INSPECT THE 25TH EDITION OF MSME

MSMEs will fast-track economic growth, Osinbajo, Okowa say

byPress Release
November 7, 2019
2 min read

Vice President Yemi Osinbajo and Delta Governor, Ifeanyi Okowa, on Thursday said Micro, Small and Medium Scale Enterprises (MSMEs) were the fastest ways of growing the economies of states and the nation.

They made their positions known in Asaba at the 25th edition of MSMEs Clinic organised by the Delta State Government in collaboration with the Office of the Vice President.

Mr Osinbajo commended Mr Okowa’s administration for its commitment to growing MSMEs, noting that effort of the state government was in line with President Muhammadu Buhari’s resolve to make businesses work in Nigeria.

“The federal government is determined to create a Nigeria where small businesses are nurtured and encouraged to thrive and prosper.

“Nigeria is an economy driven largely by small businesses and it is clear that there can be no real national growth and development if we do not ensure that our small businesses are developed.

“If every small business in Nigeria add just one more employee, the gap that single action will fill in our unemployment figures will be much larger than if one single conglomerate were to employ 10,000 people.

“So, we really believe that the MSMEs are the engine of growth in our country and we are, therefore, fully committed to ensuring that as a government, we will remove all the obstacles that are standing in the way of the MSMEs so that they can have the opportunity to thrive and grow,” he said.

Mr Osinbajo added that efforts were on to ensure a single-digit interest rate for MSMEs, emphasising that the clinic afforded the MSME operators the opportunity to present their challenges to relevant government agencies.

Mr Okowa had in an address, said “MSMEs have been globally recognised as engines of rapid economic growth, wealth creation, employment generation and social inclusion.

“They are also known as incubators of innovation while providing opportunities for increased participation of women in the economy.

“Defined as enterprises with less than 10 employed persons and an annual turnover of less than N20 million, MSMEs are more feasible and attractive to the mass of people seeking entrepreneurship, self-employment, livelihood incomes and economic participation.”

He commended the vice president for supporting things that had to do with Delta, adding that his administration would always identify with any programme or concept that focused on nurturing, supporting and promoting the growth of MSMEs.

The governor said that across the state, there were testimonies of successful small businesses and life-changing testimonies by those who were trained, established and mentored under STEP, YAGEP schemes of the government and from its vocational training centres.

High point of the event was the inspection of YAGEP Cluster farms at Ibusa by the vice president, who had earlier on arrival at the Event Centre, Asaba, venue of the clinic, inspected products of different entrepreneurial programmes of the state government.



CITIZEN-FM AD


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: Call Willie - +2348098788999






PT Mag Campaign AD

Previous Post

Oshiomhole urges Bayelsa Govt. to account for N100bn airport project

Next Post

ICPC replies Obono-Obla on persecution claim

Press Release

Press Release

More News

Vice President Yemi Osinbajo SAN presides over the Federal Executive Council Meeting this morning at the Statehouse, Abuja. 29th June, 2022.

FEC okays reforms to bolster non-oil revenue to N3.8trn annually

June 29, 2022
Buhari appoints two Deputy Commissioners for NAICOM

NAICOM revokes licences of Standard Alliance, Niger Insurance

June 28, 2022
File: Motorists for long Fuel queues at NNPC Petrol station at CBD Abuja.

Fuel Scarcity: Abuja deliveries up nearly 100% after govt freight offer — Regulator

June 28, 2022
Russian President, Vladmir Putin

Russia defaults on foreign debt for first time since 1918

June 27, 2022
G7 leaders during #G7Summit2022 in Germany [PHOTO: TW @DDNewslive]

G7 leaders unveil $600 billion plan to rival China’s infrastructure initiative in developing countries

June 27, 2022
top stocks to watch this week

PZ Cussons, GTCO, Africa Prudential top stocks to watch this week

June 27, 2022
Next Post
Okoi Obono-Obla

ICPC replies Obono-Obla on persecution claim

EFCC Acting Chairman, Ibrahim Magu

Nigeria recovers over N200 billion, convicts 890 people in 2019 anti-corruption war - Officials

Leave Comment

Search

AUN-PT Ad




Access Bank Ad







Advertisement




netherland biz school Advert



ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • DONATE
  • About Us
  • Advert Rates
  • PT Hausa
  • Dubawa NG
  • Careers
  • Contact Us
  • Digital Store

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.