Friday 19 July 2013

The Federal Government to create five million jobs by 2015


The federal government has concluded plans to create five million jobs by 2015 through the expansion of the micro, small and medium enterprises (MSMEs).

Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, disclosed this  in Abeokuta during a validation workshop on the revised policy on micro, small and medium enterprises and the launch of National Enterprises Development Programme(NEDEP) and the Ogun State Council on MSMEs.

Aganga, who said that government created 32 million indirect jobs through the 17.2 million micro, small and medium-scale enterprises in 2012 alone, also promised to forward a proposal to the Federal Executive Council (FEC) on the need to ensure production of school uniforms from Made- in- Nigeria fabrics in order to encourage enterprises development.

 In his address, the Director -General of SMEDAN, Alhaji Bature Umar Masari, pointed out that the National Policy on MSMEs which outlines  the general parameters  benchmarks  and directions  within which MSMEs programmes, interventions and initiatives  would be  designed, implemented, monitored and evaluated,  would serve Nigeria from 2013-2015 and would be reviewed every four years.

 Masari  said  the policy’s success was  hinged  on five critical  prerequisites which include the need  for  streamlined  and decentralised MDAs at the federal, state and local governments  engaged in MSME development, improvement in  the capacity of the streamlined  organisations  to deliver  high quality services at  scale, institutionalisation of public private dialogue  and partnerships in MSME policy implementation, provision of funding from the  public, private and non-profit sectors  at the federal, state  and local government  levels,  measurement and evaluation based on an annual MSME survey to ensure impact assessment and inform additional policy  and programme  modifications.

 According to him,  cottage agro and agro-allied  enterprises, cottage arts and crafts, textiles and clothing, wood processing and furniture, leather and leather products, basic metal, metal fabrication and engineering enterprises, solid mineral enterprises, electronic and information technology enterprises , building and construction enterprises amongst others are some of the  special target enterprises under the policy.

 Governor of Ogun State , Senator Ibikunle Amosun, while acknowledging the support and cooperation the administration has so far enjoyed from the SMEDAN, said the state government would continue to extend a hand of assistance to genuine entrepreneurs in the “areas of provision of infrastructural facilities and financial assistance through the ongoing Ogun State/Bank of Industry (BoI)loan scheme for MSMEs.

 The minister, the governor and the DG SMEDAN later inaugurated the Ogun State Council on MSMEs and also inspected an exhibition of MSMEs from Ogun and neighbouring states.

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