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SMEDAN partners German agency to release fresh MSMEs data

By Favour Nnabugwu

Small and Medium Enterprise Development Agency of Nigeria [SMEDAN] in collaboration with  German Agency for International Cooperation [GIZ] is set to release a fresh data of Micro, Small and Medium Enterprises, MSMEs in the country.

The duo at a presentation of   Enterprises Baseline Survey [EBS 2012] report conducted in five Pilot states of Kwara Niger, Plateau, Oyo and Ogun to the public in Abuja recently, conducted a survey to complement the data generated by the 2010 National MSMEs Survey conducted by SMEDAN in collaboration with the National Bureau of Statistics [NBS].

Minister of State for Trade and Investment, Dr. Samuel Ortom, restated the role of MSMEs globally, describing them as incontrovertible contributors to job creation, wealth creation and poverty alleviation. Dr. Ortom stated that the relevance of data for planning and implementation of development programmes in the MSMEs sub-sector in Nigeria cannot be over emphasized.

He lamented that it had been very difficult to translate the general policy framework into effective and sustainable intervention programme for the benefit of the MSMEs sub-sector in Nigeria. The Minister who was represented by his Special Assistant on Investment, Mr. Adyorough Tavershima, also stressed deliberate effort must be put in place to grow the number of MSMEs in the country if Nigeria must achieve its national vision of being among the 20 industrialised nations by 2020.

On the Enterprise Baseline Survey, Ortom said the survey came up with several findings in the areas of access to finance, improving the business environment promoting value chain and regional economic integration within the ECOWAS sub region. He assured that the finding and recommendations of the EBS report would be utilized in the on-going review of the National Policy on MSMEs and other intervention programmes of the federal government aimed at moving the MSMEs sub sector forward

SMEDAN Director-General, Muhammed Nadada Umar, noted that credible and reliable data are crucial to any nation’s planning and policy formulation. He said the baseline survey conducted in the five states couldn’t have come at a better time than now considering the fact that SMEDAN in collaboration with the National Bureau of Statistics NBS recently conducted and released the National Micro Small and Medium Enterprises survey in 36 states of the federation and the Federal Capital Territory.

Nasada lamented the neglect suffered by the MSMEs in the country since independence, adding if our founding fathers had articulated an MSME policy, we would have been better off by now, adding a nation without economic independence would never enjoy its political independence.

Alhaji Nadada paid glowing tribute to the German Agency for International Cooperation (GIZ) for partnering with SMEDAN in the survey project and re-affirmed the Agency’s continuous support and cooperation with GIZ on its development initiatives, particularly the Pro-Poor Growth and Promotion of Employment in Nigeria SEDIN programme.

He appealed to GIZ to increase the number of states in future baseline surveys as the nation at this time needs total support from development partners.

Besides,  the GIZ Country Director in Nigeria, Mrs. Carola Jacobi-Sambou, expressed hope that the data set, the findings, conclusions and recommendation on the state of the formal and informal sector in Nigeria, its performance as well as business development constraints would be a valuable base for government and private sector action planning focused on critical constraints and, thereby increase the effectiveness of policy interventions and support measures.

“Investment and innovation are the most critical ingredients for business survival, and even more so for growth and development. Efforts to enhance the business environment by government in cooperation with the private sector are of paramount importance to promote the investment and efforts by enterprises and businesses”, she added.

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