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Happy birthday from all of us at Ayema Networks Ltd.

Happy birthday to the African most useful figure in the field of entrepreneurship and MSMEs.
From all of us at Ayema Networks Ltd, we wish you a blissful birthday.

We’ll Remove All Obstacles Hindering MSMEs Growth – SMEDAN

Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, says the agency is determined to remove all obstacles that are militating against the growth of Micro, Small and Medium Enterprises (MSMEs) in Nigeria.

He stated this following a meeting with the President Bola Ahmed Tinubu at the presidential villa in Abuja, where he discussed the agency’s ‘GROW Nigerian’ strategy designed to offer SMEs essential guidance, resources, opportunities, and workforce support to thrive, a statement by the agency on Friday said.

“SMEs are central to the president’s mission to eradicate poverty and ensure prosperity reaches all corners of Nigeria. His commitment was evident as we discussed SMEDAN’s GROW Nigerian strategy, which includes plans to create an enabling environment for over 40 million small businesses, collectively providing over 60 million jobs. We are not only going to protect them from inflationary pressures but also empower them to drive down such trends.” Odii said

Speaking further, he added, “We will work with sister government agencies to streamline regulations and optimize them for growth and productivity. We will remove obstacles that hinder formalization and growth.”

“With the strategy, SMEs will get affordable financing opportunities, access to lucrative domestic and international markets, tailored mentorship, and support to compete through capacity building for improved production standards.” the SMEDAN DG further explained.

Happy birthday to the amazing and super uncle who is pivotal and advocate of family ties.
From all of us at Ayema Networks Ltd, we wish you a blissful birthday.
Cheers....

Shaikh Imam Salman mounted the MINBAR (pulpit) today, after almost a year. May ALLAH continue to guard and protect you. Ameeen.

SMEDAN directs N5bn loan applicants to submit CAC certificate

The Small and Medium Enterprises Development Agency of Nigeria has reviewed the selection process of beneficiaries for a N5bn credit facility allotted meant for small businesses in the country.

With the new procedure, the agency has mandated the submission of Corporate Affairs Commission certificate and Tax Identification Number as a compulsory requirement to obtain the loan.

The Head of Corporate Affairs, Moshood Lawal, made the disclosure during an exclusive interview with our correspondent on Wednesday in Abuja.

The PUNCH reports that last year, SMEDAN signed an agreement with Sterling Bank to disburse loan options ranging from N250,000 to N2,500,000 at a single-digit interest rate of nine per cent, facilitating the growth of small businesses through enhanced financial access. The credit with the target to assist over 10,000 Small and Medium Enterprises has a duration period of 12 months, enabling small businesses to leverage the facility fully.

Speaking at the signing ceremony, the SMEDAN DG, Charles Odii, described it as “an important milestone in our efforts to stimulate economic growth and drive prosperity by enhancing SME access to finance. We believe that the financial support, which comes at a very competitive rate, will help SMEs expand operations, hire additional employees, and contribute to an overall upswing in beneficial trade and economic activities.”

But giving an update on the issue four months after, the spokesperson said a software application had been developed to smoothen the process and limit human interference on the credibility of the process.

He added that submission of CAC certificate and tax identification number was needed to identify fake applicants and ensure the funds is given to the right persons.

Happy Birthday!
The most respected, wonderful and amazing Head, Corporate Affairs, SMEDAN.
May Allah bless your days..
From all of us, we wish you a Blissful Birthday

Congratulations our own brother, CHIEF IMAM MUSA IBRAHIM. May Almighty Allah guide, direct and protect you in discharging the good work. Be focused and carry all along, both those on your side and those on the other side. Congratulations once more.

DG-SMEDAN conducts a tour of the IDCs in Southwest

The Director General of SMEDAN, Mr Charles Odii carried out on the spot assessment of the Industrial Development Centres in Oshogbo, Akure and Ikorodu within the week. In a bid to rapidly transform the state of disrepair that the IDCs have witnessed over the years, the administration of Mr Odii is putting into place a system to revamp the economic viability of the Centres.

To this end, he personally went for an inspection visit of the IDCs with a view to draw out implementation framework that will make the centres accessible and available for MSMEs within the environment, possibly on a public private partnership. This he believes will turn around the economic fortunes of the communities where these IDCs are situated; there will be provision of infrastructure and equipments that could cascade into creation of more jobs. The DG was accompanied on the tour by Engr Tony Igba (Director Engineering, Technology and Innovation). and Dr. Gbenga Ogundeji (Director, Planning, Policy, Research, Monitoring and Evaluation).

Moshood Lawal
Corporate Affairs
SMEDAN

Katsina Government, SMEDAN Sign MoU for SMEs' Development, Industrial Development Center (IDC) Partnership

The Katsina State Government through its Enterprise Development Agency ( KASEDA) has signed two Memorandums of Understanding, MoUs, with the Small and Medium Enterprises Development Agency, SMEDAN, to the tune of N250 million on boosting the capacity and growth of small businesses in Katsina State.

The second MoU was for KASEDA to Partner with of the federal government-owned Industrial Development Centre, IDC in Katsina to develop and boost the SME sector in the state for a period of three years.

The event took place on Thursday at the Corporate Headquarters of SMEDAN in Abuja, with Governor Dikko Umaru Radda, the Director General of SMEDAN, Mr. Charles Odii, and the Director General of KASEDA Hajiya Aisha Aminu presiding over the auspicious MoU affair.

The Minister of State for Youth, Mr. Ayodele Olawande, and Dr. Wale Fasanya, the immediate-past DG of SMEDAN; together with some top Katsina State Government functionaries also graced the event.

While speaking, Governor Radda noted that Medium and Small Scale Enterprises, MSMEs, worldwide, okay a critical role in changing the fortunes of many nations.

"Any leader who aspires to transform Nigeria, must not ignore the MSME sector, which contributes about 50 percent to the country's nominal GDP, while also providing jobs to about 70 percent of citizens," he said.

He however, expressed displeasure with the fact that SMEDAN, in recent years, has not succeeded in increasing the number of SMEs it is boosting their capacities. "SMEDAN should no longer be talking about empowering just hundreds of thousands of SMES at this time. We should be talking about millions," he said.

Governor Radda advised the SMEDAN management to work towards expanding the scope and numbers of Nigerian small businesses who receive their institutional support, particularly monetary funding.

As part of tackling poverty, hunger and youth restiveness in Katsina, he said his administration has approved the sum of N3.4bn to enhance the development of SMEs in the state. Radda also disclosed that two other IDC will soon be established at Daura and Funtua zones to make it three, besides the current one which KASEDA will take our its ownership.

"As part of our commitment to grow Katsina's economy, the state government will collaborate with the 34 local governments we have to fund our SMEs with about N3.4 billion.

"Each local government is expected to provide 100 million counterpart funds. We shall thereafter identify 10 to 20 enterprises in each local government, that will get our funding support," he said.

Governor Radda further revealed that his administration will soon embark on building wood and furniture clusters, among other vocational trades development hubs, similar to the ones managed by SMEDAN at its corporate headquarters.

"Our Katsina State Enterprise Development Agency, KASEDA, is currently in the process of selecting small businesses with potential for growth and employing people, in Katsina, to get our support. We plan to give them credits with zero interest rate.

"Equally, in order to boost the capacity of our KASEDA, we shall soon dispatch some of their staff to SMEDAN for them to learn how you are driving Nigeria's SMEs sector. But again, some SMEDAN staff will also be invited to Katsina and mentor the staff of KASEDA," he said.

Responding, The DG SMEDAN Mr Charles Odii, expressed delight with the move by the Katsina State Government to partner SMEDAN in advancing the frontiers of Katsina SME sector. "This MoU we just signed will help to curb social unrest in Katsina, while making sure SMEs in the state have easy access to finance and business market," he said.

Signed:
Ibrahim Kaula Mohammed,
CPS to Katsina Governor.

25th January , 2024.

SABC LTD To the World....

Call For Applications: NG-Cares Business Fund 2024 ( From #50,000 to #250,000 to Entrepreneur)
The NG-CARES program will help to reduce the pain of poverty, and unemployment in the community.

The Program is not only empowering individuals, this program empowers, even small independent experts. So therefore, if you have a business or profession that is registered with the government such as CAC, TAX, SEMEDAN, and others, you can benefit from this program.

The program will provide financial support from 20k, 50k, 100k to 250k to entrepreneurs who need to improve their business or start a business sponsored by the World Bank.

The NG-Cares program is like the survival fund program, but this is not for employees in the company, however, they can also apply with a New line and new email! In the case of anyone who has been sent an approved message, you cant use your bvn, even if you have approved in both of your applications.

Each state has its own application link which can be accessible

Visit the link and check select your state to fill out the application form.

Note that some states have opened portals for applicants, every State has its own process of application. Some state forms are provided and the form is free, everyone has their own application process. Therefore, everyone should investigate, except for some states that are closed.

15,000 Jobs, N7bn Direct Funding For Businesses Created – SMEDAN

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has said the agency created 15,000 jobs and facilitated N7 billion funding for SMEs in the first 100 days of its Director General, Charles Odii, in office.
Odii was appointed in 2023 as the head of the agency by President Bola Ahmed Tinubu based on his extensive contributions to the MSME sector, including the design and execution of projects that highlight and facilitate support for small businesses in Nigeria and across the continent.
A statement on Monday said on assumption of office on October 13, 2023, he introduced a seven-point prosperity agenda focusing on providing SMEs with access to finance, markets, capacity building, partnerships, a business-friendly environment, and streamlined processes for sustainable growth.
The statement read in part, “Achieving key milestones in just three months, he implemented reforms at SMEDAN, incorporating digital and data-driven approaches to address challenges hindering SME growth and foster prosperity.

Alhamdulilah for the gift of Islam

Exciting Announcement!
SABC Limited has embarked on a thrilling new chapter as they bid farewell to their previous office in Utako and proudly unveil their brand-new space in Jahi!

Join us on this journey as we embrace the possibilities that our new location brings. The doors are open, and we're eager to continue building success in our new Jahi home, find us using the map uploaded above. Welcome to the next phase of the SABC Limited journey!
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#SABCMoves #NewBeginnings #JahiOfficeUnveiling #ArchitecturalExcellence #BuildingOurFuture #SABCLimitedJourney

ABU Zaria Set The Pace, Others Follow...

Happy Birthday To The Most Amazing Soul of This Age and Time.
From All of Us At Ayema Networks Ltd, We Wish You A Blissful Birthday. Age With Grace

Happy Birthday!
The most respected Chief Press Secretary (CPS) to Katsina State Governor.
May Allah bless your days..
From all of us at Ayema Networks Ltd, we wish you a Blissful Birthday