Group urges Government to Boost Investments in SMEs to Tackle Poverty
Hudu Yakubu, Abuja
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The President, Crusade for Greater Nigeria on Poverty Eradication and Social Matters (CFGN) Mr Prosper Okafor, has urged the Federal and State governments to invest more in Small and Medium Enterprises (SMEs) for job creation and poverty alleviation.
Okafor made the call in an interview with Journalists in Abuja, Nigeria’s capital.
He said that an SME driven economy was key to job and food security through sustainable self employment.
Okafor who identified micro-economic growth as the roadmap to macro economic development, said SMEs remain inevitable in job creation and poverty alleviation.
“SMEs have the potential to end insecurity because when everyone is engaged, no matter how little, there will be no time for idleness and crime.
“In great economies like China and US, artisans run the economy because they have something doing, which is a function of SMEs,” he said.
The Poverty Alleviation Advocate commended the federal government for its interventions in tackling poverty and unemployment, and appealed for priority to be given to SMEs.
Okafor explained that only investment in SME could take the millions of unemployed youths out of the streets thereby relieving government of the burden of employment.
He reiterated the need for micro economic growth through SMEs which would rescue the youths from the doldrums of over dependence.
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