Nigeria’s Vice President, Kashim Shettima, has charged members of the National Council on Micro, Small and Medium Enterprises (MSMEs) to utilize technology and their expertise to enhance the sector’s growth.
He gave the charge while inaugurating the Council on Micro, Small and Medium Enterprises at the Presidential Villa in Abuja, the nation’s capital.
Emphasizing President Bola Ahmed Tinubu’s unwavering commitment to improving job security, VP Shettima highlighted the critical role of MSMEs and youths in driving job creation and economic stimulation.
He said: “This Council has a pivotal role to play in rekindling hope in the Nigerian project as President Tinubu is irrevocably committed to addressing the job security situation, especially within the MSMEs and the younger population.”
Recognizing the potential of technology, the Vice President urged members to leverage its power to streamline processes and enhance service delivery.
The Council’s mandate includes formulating policies to drive MSME development, fostering public-private partnerships, and promoting inter-agency collaboration.
Members of the newly inaugurated Council include the Vice President (Chairman); Minister of Industry, Trade and Investment (Vice Chairman); 2 Governors from each of the 6 geo-political zones; Ministers of Agriculture, Innovation, Science and Technology, as well as Communication, Innovation and Digital Economy; the Senior Special Assistant to the President on Job Creation and MSMEs; a representative of the Private Sector; and the Director General of SMEDAN (Secretary).
The National Council on MSMEs is a high-level body established to provide strategic direction and oversight for the development of the MSME sector in Nigeria.