The federal government has retraited commitment to eliminate barriers hindering SMEs in the country.
The Minister of Women Affairs and Social Development, Uju Kenedy-Ohaneye who inaugurated a unit at, SMEDAN’s Headquarters aimed at supporting Women and Youth Entrepreneurship.
The Minister reaffirmed her commitment to collaborate with SMEDAN in promoting women-owned businesses through policy development, advocacy, and the promotion of the “Buy Nigeria” initiative.
The Director General of SMEDAN, Charles Odii explained that the initiative aims to address challenges faced by women in the MSME sector.
He noted that women make up a significant portion of MSME operators in Nigeria, encountering various obstacles hindering their progress.
Odii explained that , the newly established Unit will not only identify and address these barriers but offer mentorship for women and youth entrepreneurs adding that a percentage of SMEDAN’s intervention programs will be earmarked for these crucial groups.
She commended SMEDAN’s Director General for his commendable initiatives and expressed her satisfaction with the opportunities provided for women and youth in Nigeria.