• Charles Odii: The Mastermind Behind Nigeria’s SME Revolution

    In a world where innovation and progress are the hallmarks of success, one man is redefining the landscape of Nigeria’s Small and Medium Enterprises (SMEs). Charles Odii, the dynamic leader of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is orchestrating a transformative revolution that is empowering entrepreneurs, creating jobs, and driving national growth.

    In Charles Odii, the spirit of President Bola Tinubu’s Renewed Hope Agenda comes alive. Like a master craftsman, Odii is meticulously shaping the building blocks of Nigeria’s economic future, one innovative initiative at a time, to create a vibrant tapestry of prosperity and progress.

    With his visionary approach and dedication, Odii has been instrumental in unlocking the potential of Nigeria’s SMEs. His trailblazing strategies and initiatives have been yielding remarkable results, drawing international attention and accolades. Under Odii’s leadership, SMEDAN has evolved into a powerhouse of economic transformation, providing critical support to SMEs and nurturing an ecosystem that inspires entrepreneurship, fosters creativity, and stimulates job creation.
    Recognising the imperative of clean energy, Odii has launched a groundbreaking solar-powered garment-making center in collaboration with the United Nations Development Programme (UNDP). This pioneering facility is designed to empower small and medium enterprises (SMEs), providing them with free access to modern garment-making equipment and eliminating the burdens of power costs, machine purchases, and maintenance. Over 120 entrepreneurs benefit from this facility daily, leveraging sustainable and uninterrupted energy supply to drive their businesses forward.

    Odii’s visionary approach extends beyond the center’s operations. He has forged strategic partnerships with NIPOST and God Is Good Logistics, offering SMEs discounted distribution rates of 15% and 20%, respectively. This enables seamless delivery of finished products across Nigeria, further amplifying the center’s impact. Indeed, Odii’s initiative is a shining example of his foresight and pragmatism, tackling the pressing challenges faced by SMEs in Nigeria. By providing a sustainable and efficient energy solution, he is unlocking the potential of entrepreneurs, fostering innovation, and contributing to a cleaner, greener future.

    Odii has launched a groundbreaking solar-powered garment-making center, which has been replicated in Katsina and Osun States, with plans to expand to all 36 states and the Federal Capital Territory. This center creates 700 direct and indirect jobs daily, mitigating unemployment and youth restiveness. Odii’s vision is to solidify SMEs as the backbone of Nigeria’s economy, positioning the country competitively within the African Continental Free Trade Area. His efforts have already created over 15,000 jobs and facilitated over 7 billion naira in funding for SMEs. He has also secured a 5 Billion Naira Single-Digit Interest Loan through Sterling Bank to empower businesses.

    Through his initiatives, Odii has revitalised economic activities in rural areas by providing N50, 000 as Conditional Grant Scheme (CGS) into Nano businesses, creating jobs and supporting families. He has collaborated with State Governments, including Anambra and Enugu, to provide 1 billion naira into MSMEs in each State under a matching fund agreement, further empowering entrepreneurs and fostering economic growth. Odii’s commitment to SME development is evident in his efforts to create a conducive business environment, providing access to finance, markets, and capacity building. His vision for Nigeria’s SME sector is inspiring, and his impact will undoubtedly be felt for years to come.

    Odii’s launch of the Green Energy and Climate Change Desk has supported displaced businesses and promoted green energy solutions, addressing environmental challenges impacting businesses. To foster a motivated workforce, Odii constructed a state-of-the-art secretariat with modern work hubs, dedicated staff, and facilities such as a textile and garment hub for fashion businesses and a woodwork and furniture facility for artisans.

    He also launched the SMEDAN Undergraduate Internship Program (SUIP) at Baze University, providing students with real-world business experience and resources to start, continue, and scale their businesses. Recognising the importance of women in national growth and development, Odii established the Women and Youth Desk Initiative, granting direct access to opportunities designed for women entrepreneurs.

    Furthermore, he created the MSME CLINIC, a weekly one-stop shop where entrepreneurs, regulators, and experienced SME development professionals collaborate to provide mentorship and solutions. He has developed various initiative aimed at promoting farming and food production at the family level, encouraging Nigerians to cultivate a culture of gardening and healthy eating from the comfort of their own homes in consonance with the EveryHomeAGarden of the First Lady Senator Oluremi Tinubu.

    Charles Odii’s creativity knows no bounds, he has transformed and equipped the workforce into a mobile digitally transformed workplace of efficient and effective workplace, thereby engendering higher productivity, progress tracking, with various social clubs that promote healthy lifestyle, focus, and instil a sense of shared mission and peaceful co-existence.

    Charles Odii is an enigma. A rare gem and a replica of what President wanted in the youths of our country. He has shown resilience. He is ubiquitous, touching akll facets and segments of the life of the nation, demonstrating capacity and tenacity of purpose, and proving eloquently and incontrovertibly what happens when innovation meets with passion and both are wed-locked to opportunity. He is indeed the legendary Archimedes’ of our time and have found the answer to national development and economic growth.

    Imagine a Nigeria where entrepreneurship is the engine that drives growth, innovation, and prosperity. A Nigeria where small businesses thrive, creating jobs, wealth, and opportunities for all. This is the Nigeria that Charles Odii envisions, and he’s working tirelessly to make it a reality. Through his groundbreaking initiatives, he’s empowering entrepreneurs, fostering innovation, and unlocking the full potential of the SME sector.

    In the not-too-distant future, historians will look back on Charles Odii’s legacy and marvel at the transformative impact he had on Nigeria’s economy. They’ll tell stories of how he ignited a spark that fueled a revolution in entrepreneurship, innovation, and growth. And as they reflect on his remarkable journey, they’ll be reminded that even the smallest actions can have a profound impact when driven by vision, passion, and a commitment to creating a better future.

    Ochonu is a public affairs analyst writing from Abuja.
    Charles Odii: The Mastermind Behind Nigeria’s SME Revolution In a world where innovation and progress are the hallmarks of success, one man is redefining the landscape of Nigeria’s Small and Medium Enterprises (SMEs). Charles Odii, the dynamic leader of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is orchestrating a transformative revolution that is empowering entrepreneurs, creating jobs, and driving national growth. In Charles Odii, the spirit of President Bola Tinubu’s Renewed Hope Agenda comes alive. Like a master craftsman, Odii is meticulously shaping the building blocks of Nigeria’s economic future, one innovative initiative at a time, to create a vibrant tapestry of prosperity and progress. With his visionary approach and dedication, Odii has been instrumental in unlocking the potential of Nigeria’s SMEs. His trailblazing strategies and initiatives have been yielding remarkable results, drawing international attention and accolades. Under Odii’s leadership, SMEDAN has evolved into a powerhouse of economic transformation, providing critical support to SMEs and nurturing an ecosystem that inspires entrepreneurship, fosters creativity, and stimulates job creation. Recognising the imperative of clean energy, Odii has launched a groundbreaking solar-powered garment-making center in collaboration with the United Nations Development Programme (UNDP). This pioneering facility is designed to empower small and medium enterprises (SMEs), providing them with free access to modern garment-making equipment and eliminating the burdens of power costs, machine purchases, and maintenance. Over 120 entrepreneurs benefit from this facility daily, leveraging sustainable and uninterrupted energy supply to drive their businesses forward. Odii’s visionary approach extends beyond the center’s operations. He has forged strategic partnerships with NIPOST and God Is Good Logistics, offering SMEs discounted distribution rates of 15% and 20%, respectively. This enables seamless delivery of finished products across Nigeria, further amplifying the center’s impact. Indeed, Odii’s initiative is a shining example of his foresight and pragmatism, tackling the pressing challenges faced by SMEs in Nigeria. By providing a sustainable and efficient energy solution, he is unlocking the potential of entrepreneurs, fostering innovation, and contributing to a cleaner, greener future. Odii has launched a groundbreaking solar-powered garment-making center, which has been replicated in Katsina and Osun States, with plans to expand to all 36 states and the Federal Capital Territory. This center creates 700 direct and indirect jobs daily, mitigating unemployment and youth restiveness. Odii’s vision is to solidify SMEs as the backbone of Nigeria’s economy, positioning the country competitively within the African Continental Free Trade Area. His efforts have already created over 15,000 jobs and facilitated over 7 billion naira in funding for SMEs. He has also secured a 5 Billion Naira Single-Digit Interest Loan through Sterling Bank to empower businesses. Through his initiatives, Odii has revitalised economic activities in rural areas by providing N50, 000 as Conditional Grant Scheme (CGS) into Nano businesses, creating jobs and supporting families. He has collaborated with State Governments, including Anambra and Enugu, to provide 1 billion naira into MSMEs in each State under a matching fund agreement, further empowering entrepreneurs and fostering economic growth. Odii’s commitment to SME development is evident in his efforts to create a conducive business environment, providing access to finance, markets, and capacity building. His vision for Nigeria’s SME sector is inspiring, and his impact will undoubtedly be felt for years to come. Odii’s launch of the Green Energy and Climate Change Desk has supported displaced businesses and promoted green energy solutions, addressing environmental challenges impacting businesses. To foster a motivated workforce, Odii constructed a state-of-the-art secretariat with modern work hubs, dedicated staff, and facilities such as a textile and garment hub for fashion businesses and a woodwork and furniture facility for artisans. He also launched the SMEDAN Undergraduate Internship Program (SUIP) at Baze University, providing students with real-world business experience and resources to start, continue, and scale their businesses. Recognising the importance of women in national growth and development, Odii established the Women and Youth Desk Initiative, granting direct access to opportunities designed for women entrepreneurs. Furthermore, he created the MSME CLINIC, a weekly one-stop shop where entrepreneurs, regulators, and experienced SME development professionals collaborate to provide mentorship and solutions. He has developed various initiative aimed at promoting farming and food production at the family level, encouraging Nigerians to cultivate a culture of gardening and healthy eating from the comfort of their own homes in consonance with the EveryHomeAGarden of the First Lady Senator Oluremi Tinubu. Charles Odii’s creativity knows no bounds, he has transformed and equipped the workforce into a mobile digitally transformed workplace of efficient and effective workplace, thereby engendering higher productivity, progress tracking, with various social clubs that promote healthy lifestyle, focus, and instil a sense of shared mission and peaceful co-existence. Charles Odii is an enigma. A rare gem and a replica of what President wanted in the youths of our country. He has shown resilience. He is ubiquitous, touching akll facets and segments of the life of the nation, demonstrating capacity and tenacity of purpose, and proving eloquently and incontrovertibly what happens when innovation meets with passion and both are wed-locked to opportunity. He is indeed the legendary Archimedes’ of our time and have found the answer to national development and economic growth. Imagine a Nigeria where entrepreneurship is the engine that drives growth, innovation, and prosperity. A Nigeria where small businesses thrive, creating jobs, wealth, and opportunities for all. This is the Nigeria that Charles Odii envisions, and he’s working tirelessly to make it a reality. Through his groundbreaking initiatives, he’s empowering entrepreneurs, fostering innovation, and unlocking the full potential of the SME sector. In the not-too-distant future, historians will look back on Charles Odii’s legacy and marvel at the transformative impact he had on Nigeria’s economy. They’ll tell stories of how he ignited a spark that fueled a revolution in entrepreneurship, innovation, and growth. And as they reflect on his remarkable journey, they’ll be reminded that even the smallest actions can have a profound impact when driven by vision, passion, and a commitment to creating a better future. Ochonu is a public affairs analyst writing from Abuja.
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  • Amit Chaudhary is a name synonymous with innovation and entrepreneurship. Known for his dynamic contributions to the tech and business sectors, Chaudhary has carved a niche as a forward-thinking leader. With a knack for identifying market gaps, he has been instrumental in launching ventures that redefine industry standards.
    Visit here:- https://www.planify.in/investors/amit-chaudhary/
    Amit Chaudhary is a name synonymous with innovation and entrepreneurship. Known for his dynamic contributions to the tech and business sectors, Chaudhary has carved a niche as a forward-thinking leader. With a knack for identifying market gaps, he has been instrumental in launching ventures that redefine industry standards. Visit here:- https://www.planify.in/investors/amit-chaudhary/
    WWW.PLANIFY.IN
    Amit Chaudhary Portfolio, Shareholdings & Investments.
    : Get to know about Amit Chaudhary, their portfolio, where they are investing, their core team structure, their revenue streams and what is their target market.
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  • Authentic Keys To Decode The Challenges Of Handyman Business

    Unlock solutions to common handyman business challenges with SpotnRides' insights! From sector-specific obstacles to tips on launching a successful handyman app, this guide covers essential strategies for success. Whether you're an aspiring entrepreneur or a skilled tradesperson, discover how SpotnRides' technology can support your venture. Visit to learn more!"

    Here's the link to the article: https://www.spotnrides.com/blog/authentic-keys-to-decode-the-challenges-of-handyman-business/

    #HandymanBusiness #BusinessTips #Entrepreneurship #HandymanApp #BusinessSolutions #SpotnRides #TechForTrades #BusinessChallenges #ServiceIndustry #StartupSuccess #homeservices #Handymanbookingapp
    Authentic Keys To Decode The Challenges Of Handyman Business Unlock solutions to common handyman business challenges with SpotnRides' insights! From sector-specific obstacles to tips on launching a successful handyman app, this guide covers essential strategies for success. Whether you're an aspiring entrepreneur or a skilled tradesperson, discover how SpotnRides' technology can support your venture. Visit to learn more!" Here's the link to the article: https://www.spotnrides.com/blog/authentic-keys-to-decode-the-challenges-of-handyman-business/ #HandymanBusiness #BusinessTips #Entrepreneurship #HandymanApp #BusinessSolutions #SpotnRides #TechForTrades #BusinessChallenges #ServiceIndustry #StartupSuccess #homeservices #Handymanbookingapp
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    Authentic Keys To Decode The Challenges Of Handyman Business
    A cogent solution for every entrepreneur is an handyman business with innovation, and the right place to develop is SpotnRides.
    0 Comments 0 Shares 1500 Views 0 Reviews
  • Authentic Keys To Decode The Challenges Of Handyman Business

    Unlock solutions to common handyman business challenges with #SpotnRides' insights! From sector-specific obstacles to tips on launching a successful #handymanapp, this guide covers essential strategies for success. Whether you're an aspiring #entrepreneur or a skilled tradesperson, discover how SpotnRides' technology can support your venture. Visit to learn more!"

    Here's the link to the article: https://www.spotnrides.com/blog/authentic-keys-to-decode-the-challenges-of-handyman-business/

    #HandymanBusiness #BusinessTips #Entrepreneurship #HandymanApp #BusinessSolutions #SpotnRides #TechForTrades #BusinessChallenges #ServiceIndustry #StartupSuccess #homeservices #Handymanbookingapp
    Authentic Keys To Decode The Challenges Of Handyman Business Unlock solutions to common handyman business challenges with #SpotnRides' insights! From sector-specific obstacles to tips on launching a successful #handymanapp, this guide covers essential strategies for success. Whether you're an aspiring #entrepreneur or a skilled tradesperson, discover how SpotnRides' technology can support your venture. Visit to learn more!" Here's the link to the article: https://www.spotnrides.com/blog/authentic-keys-to-decode-the-challenges-of-handyman-business/ #HandymanBusiness #BusinessTips #Entrepreneurship #HandymanApp #BusinessSolutions #SpotnRides #TechForTrades #BusinessChallenges #ServiceIndustry #StartupSuccess #homeservices #Handymanbookingapp
    WWW.SPOTNRIDES.COM
    Authentic Keys To Decode The Challenges Of Handyman Business
    A cogent solution for every entrepreneur is an handyman business with innovation, and the right place to develop is SpotnRides.
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  • Simplifying the Buying and Selling Experience! Discover how this innovative model transforms the marketplace, making it easier for consumers and businesses alike. Whether you're a budding entrepreneur or a seasoned business owner, this article is packed with insights that can elevate your business


    Get In With Us: https://www.spotneats.com/blog/aggregator-business-model-simplifying-the-buying-and-selling-experience/


    #AggregatorModel #BusinessInsights #Ecommerce #Marketplace #DigitalTransformation #Entrepreneurship #DoorDashclonepp #UberEatsclonepp #Grubhubclonepp #Caviarclonepp #Seamlessclonepp #gopuffclonepp #LocalFoodDelivery #SkiptheDishesclonepp #HelloFreshclonepp #MrDclonepp #Glovocloneapp #Deliveroocloneapp #BoltFoodDeliveryclonepp #talabatcloneapp #Caricloneapp #bestfooddelivereyapp #hyperlocalfooddelivery #BusinessStrategy #BuyingExperience #SellingExperience #Innovation #Spotneats #B2B #B2C #SmallBusiness #BusinessBlog
    Simplifying the Buying and Selling Experience! Discover how this innovative model transforms the marketplace, making it easier for consumers and businesses alike. Whether you're a budding entrepreneur or a seasoned business owner, this article is packed with insights that can elevate your business Get In With Us: https://www.spotneats.com/blog/aggregator-business-model-simplifying-the-buying-and-selling-experience/ #AggregatorModel #BusinessInsights #Ecommerce #Marketplace #DigitalTransformation #Entrepreneurship #DoorDashclonepp #UberEatsclonepp #Grubhubclonepp #Caviarclonepp #Seamlessclonepp #gopuffclonepp #LocalFoodDelivery #SkiptheDishesclonepp #HelloFreshclonepp #MrDclonepp #Glovocloneapp #Deliveroocloneapp #BoltFoodDeliveryclonepp #talabatcloneapp #Caricloneapp #bestfooddelivereyapp #hyperlocalfooddelivery #BusinessStrategy #BuyingExperience #SellingExperience #Innovation #Spotneats #B2B #B2C #SmallBusiness #BusinessBlog
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    Aggregator Business Model: Simplifying the Buying and Selling Experience - SpotnEats
    When collaborating with a mobile application, aggregators can enhance their business model by enhancing buying and selling experience. Let’s check it in detail.
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  • IPU: Nigeria Advocates for Responsible Artificial Intelligence Usage to Protect Democratic Values - Kalu.

    Kalu noted that the Federal Government is making strides toward the implementation of the National Artificial Intelligence Policy Framework.

    In an effort to leverage the capabilities of Artificial Intelligence (AI) while safeguarding democratic principles, the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has stated that Nigeria is actively implementing strategies to ensure the responsible application of this technology.

    On Monday, the Deputy Speaker revealed information while speaking to an array of international delegates during the ongoing 149th General Debate of the Inter-Parliamentary Union (IPU). The theme of this year’s debate is "Harnessing Science, Technology, and Innovation (STI) for a More Peaceful and Sustainable Future," taking place in Geneva, Switzerland.

    He said: "Our legislative and executive actions clearly reflect Nigeria's commitment to harnessing STI. In 2022, Nigeria’s parliament passed the Nigeria Startup Act, a landmark legislation aimed at engineering a conducive environment for technology and innovation startups. The Act provides a legal framework that supports innovation, entrepreneurship, and digital transformation in our country, helping STI startups to thrive. This law also emphasizes public-private partnerships, knowledge transfer, and incentives for
    investments in emerging technologies.

    "Building on this momentum, under the leadership of His Excellency, President Bola Ahmed Tinubu, Nigeria is now working towards the adoption of a National Artificial Intelligence (AI) Policy Framework. Led by our Minister of Communications, Innovation, and Digital Economy, this policy will pave the way for the ethical use of AI in addressing key challenges, from automating agricultural processes to enhancing healthcare delivery.

    "We envision a future where AI optimizes wage employment, rather than undermine it, ensuring that automation leads to job creation rather than destruction.

    "As digital transformation accelerates, the rise of AI brings both opportunities and challenges. In Nigeria, AI is emerging as a powerful tool in sectors
    such as governance, financial services, and public administration. Yet, as with any technological leap, we must be mindful of the risks.

    "Artificial Intelligence, while enhancing efficiency, raises concerns about data protection, misinformation, and job displacement. The integrity of universal electoral processes is a global imperative and recent developments in Artificial Intelligence are posing threats to this, especially the spread of disinformation and cyber vulnerabilities in election systems.

    "Irrespective of this, Nigeria continues to support international efforts to develop inclusive, transparent, and ethical AI frameworks that protect human rights and democratic values.

    "We call for AI’s responsible use to
    safeguard the integrity of democratic processes, particularly against threats
    such as deepfakes and the spread of disinformation".
    IPU: Nigeria Advocates for Responsible Artificial Intelligence Usage to Protect Democratic Values - Kalu. Kalu noted that the Federal Government is making strides toward the implementation of the National Artificial Intelligence Policy Framework. In an effort to leverage the capabilities of Artificial Intelligence (AI) while safeguarding democratic principles, the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has stated that Nigeria is actively implementing strategies to ensure the responsible application of this technology. On Monday, the Deputy Speaker revealed information while speaking to an array of international delegates during the ongoing 149th General Debate of the Inter-Parliamentary Union (IPU). The theme of this year’s debate is "Harnessing Science, Technology, and Innovation (STI) for a More Peaceful and Sustainable Future," taking place in Geneva, Switzerland. He said: "Our legislative and executive actions clearly reflect Nigeria's commitment to harnessing STI. In 2022, Nigeria’s parliament passed the Nigeria Startup Act, a landmark legislation aimed at engineering a conducive environment for technology and innovation startups. The Act provides a legal framework that supports innovation, entrepreneurship, and digital transformation in our country, helping STI startups to thrive. This law also emphasizes public-private partnerships, knowledge transfer, and incentives for investments in emerging technologies. "Building on this momentum, under the leadership of His Excellency, President Bola Ahmed Tinubu, Nigeria is now working towards the adoption of a National Artificial Intelligence (AI) Policy Framework. Led by our Minister of Communications, Innovation, and Digital Economy, this policy will pave the way for the ethical use of AI in addressing key challenges, from automating agricultural processes to enhancing healthcare delivery. "We envision a future where AI optimizes wage employment, rather than undermine it, ensuring that automation leads to job creation rather than destruction. "As digital transformation accelerates, the rise of AI brings both opportunities and challenges. In Nigeria, AI is emerging as a powerful tool in sectors such as governance, financial services, and public administration. Yet, as with any technological leap, we must be mindful of the risks. "Artificial Intelligence, while enhancing efficiency, raises concerns about data protection, misinformation, and job displacement. The integrity of universal electoral processes is a global imperative and recent developments in Artificial Intelligence are posing threats to this, especially the spread of disinformation and cyber vulnerabilities in election systems. "Irrespective of this, Nigeria continues to support international efforts to develop inclusive, transparent, and ethical AI frameworks that protect human rights and democratic values. "We call for AI’s responsible use to safeguard the integrity of democratic processes, particularly against threats such as deepfakes and the spread of disinformation".
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  • SMEDAN set to host 2024 National MSME Conference

    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the 2024 edition of the National MSME Conference, themed “GROW NIGERIAN: Sustaining an Innovation and Digital-Driven Economy.”

    The event, the nation’s leading annual development conference, will be opened by the President, His Excellency President Bola Ahmed Tinubu GCFR. It will take place from October 3rd to 5th, 2024, at the Banquet Hall, Presidential Villa, Abuja, with support from the German International Agency (GIZ) and Mastercard.

    Mr. Charles Odii, Director-General/CEO of SMEDAN, described the event as the most significant convergence of entrepreneurs, policymakers, enablers, public-private sector stakeholders, and supporting institutions in Nigeria’s SME ecosystem.

    The conference will focus on driving development in the MSME sector within the eight key sectors identified in the GROW Nigerian strategy introduced by Director-General Charles Odii to strengthen Nigeria’s local production potential and raise export revenue. This will be achieved through the provision of Guidance, Opportunities, Resources, and Workforce Support to SMEs by SMEDAN.
    The sectors include agriculture, light manufacturing, fashion, creative and entertainment, digital and innovation, tourism, and education.

    Nigeria’s most successful entrepreneurs and renowned experts have confirmed their attendance at the event. They include Tony Elumelu, Chairman of Heirs Holdings; Hakeem Belo-Osagie, Chairman of Metis Capital Partners; and Jonathan Ortmans, Founder and President of the Global Entrepreneurship Network (GEN).

    A key highlight of the event is the planned premiere of the second season of the popular drama series The Smart Money Woman by Arese Ugwu, who will attend the conference with co-stars such as Timini Egbuson and Osas Ighodaro.


    The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the 2024 edition of the National MSME Conference, themed “GROW NIGERIAN: Sustaining an Innovation and Digital-Driven Economy.”

    The event, the nation’s leading annual development conference, will be opened by the President, His Excellency President Bola Ahmed Tinubu GCFR. It will take place from October 3rd to 5th, 2024, at the Banquet Hall, Presidential Villa, Abuja, with support from the German International Agency (GIZ) and Mastercard.

    Mr. Charles Odii, Director-General/CEO of SMEDAN, described the event as the most significant convergence of entrepreneurs, policymakers, enablers, public-private sector stakeholders, and supporting institutions in Nigeria’s SME ecosystem.

    The conference will focus on driving development in the MSME sector within the eight key sectors identified in the GROW Nigerian strategy introduced by Director-General Charles Odii to strengthen Nigeria’s local production potential and raise export revenue. This will be achieved through the provision of Guidance, Opportunities, Resources, and Workforce Support to SMEs by SMEDAN.
    The sectors include agriculture, light manufacturing, fashion, creative and entertainment, digital and innovation, tourism, and education.

    Conference activities will include one-stop shops featuring heads of government agencies and financial and compliance organizations, such as NAFDAC, CAC, SON, Nigeria Customs, BOI, NEXIM, NEPC, NIPC, FIRS, and more.

    There will also be an exhibition showcasing innovative products and services from SMEs across the country. Participating businesses will receive expert advice and guidance at a Business Clinic, interacting with agencies and institutions to address structural issues and challenges.

    Prominent thought leaders, including Chude Jideonwo, the Co-founder of Red Media and Joy Inc., will lead masterclasses focused on digital skills development, accessing finance, business scaling, and leveraging trade agreements such as AGOA and AfCFTA.

    Additional activities will include a deals room where scalable businesses will obtain investments from venture capital firms; a pitch competition for entrepreneurs to showcase their ideas and receive funding; and networking events to facilitate connections and partnerships.

    The conference will conclude with an award ceremony led by the Vice President, His Excellency Senator Kashim Shettima, on the final day. Government actors from across the six regions will be recognized for their contributions to SME development through reforms, financial investments, targeted infrastructure, and other developmental contributions.

    Interested participants can register to attend the event at https://www.smedan.gov.ng/msmeconference.
    SMEDAN set to host 2024 National MSME Conference The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the 2024 edition of the National MSME Conference, themed “GROW NIGERIAN: Sustaining an Innovation and Digital-Driven Economy.” The event, the nation’s leading annual development conference, will be opened by the President, His Excellency President Bola Ahmed Tinubu GCFR. It will take place from October 3rd to 5th, 2024, at the Banquet Hall, Presidential Villa, Abuja, with support from the German International Agency (GIZ) and Mastercard. Mr. Charles Odii, Director-General/CEO of SMEDAN, described the event as the most significant convergence of entrepreneurs, policymakers, enablers, public-private sector stakeholders, and supporting institutions in Nigeria’s SME ecosystem. The conference will focus on driving development in the MSME sector within the eight key sectors identified in the GROW Nigerian strategy introduced by Director-General Charles Odii to strengthen Nigeria’s local production potential and raise export revenue. This will be achieved through the provision of Guidance, Opportunities, Resources, and Workforce Support to SMEs by SMEDAN. The sectors include agriculture, light manufacturing, fashion, creative and entertainment, digital and innovation, tourism, and education. Nigeria’s most successful entrepreneurs and renowned experts have confirmed their attendance at the event. They include Tony Elumelu, Chairman of Heirs Holdings; Hakeem Belo-Osagie, Chairman of Metis Capital Partners; and Jonathan Ortmans, Founder and President of the Global Entrepreneurship Network (GEN). A key highlight of the event is the planned premiere of the second season of the popular drama series The Smart Money Woman by Arese Ugwu, who will attend the conference with co-stars such as Timini Egbuson and Osas Ighodaro. The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the 2024 edition of the National MSME Conference, themed “GROW NIGERIAN: Sustaining an Innovation and Digital-Driven Economy.” The event, the nation’s leading annual development conference, will be opened by the President, His Excellency President Bola Ahmed Tinubu GCFR. It will take place from October 3rd to 5th, 2024, at the Banquet Hall, Presidential Villa, Abuja, with support from the German International Agency (GIZ) and Mastercard. Mr. Charles Odii, Director-General/CEO of SMEDAN, described the event as the most significant convergence of entrepreneurs, policymakers, enablers, public-private sector stakeholders, and supporting institutions in Nigeria’s SME ecosystem. The conference will focus on driving development in the MSME sector within the eight key sectors identified in the GROW Nigerian strategy introduced by Director-General Charles Odii to strengthen Nigeria’s local production potential and raise export revenue. This will be achieved through the provision of Guidance, Opportunities, Resources, and Workforce Support to SMEs by SMEDAN. The sectors include agriculture, light manufacturing, fashion, creative and entertainment, digital and innovation, tourism, and education. Conference activities will include one-stop shops featuring heads of government agencies and financial and compliance organizations, such as NAFDAC, CAC, SON, Nigeria Customs, BOI, NEXIM, NEPC, NIPC, FIRS, and more. There will also be an exhibition showcasing innovative products and services from SMEs across the country. Participating businesses will receive expert advice and guidance at a Business Clinic, interacting with agencies and institutions to address structural issues and challenges. Prominent thought leaders, including Chude Jideonwo, the Co-founder of Red Media and Joy Inc., will lead masterclasses focused on digital skills development, accessing finance, business scaling, and leveraging trade agreements such as AGOA and AfCFTA. Additional activities will include a deals room where scalable businesses will obtain investments from venture capital firms; a pitch competition for entrepreneurs to showcase their ideas and receive funding; and networking events to facilitate connections and partnerships. The conference will conclude with an award ceremony led by the Vice President, His Excellency Senator Kashim Shettima, on the final day. Government actors from across the six regions will be recognized for their contributions to SME development through reforms, financial investments, targeted infrastructure, and other developmental contributions. Interested participants can register to attend the event at https://www.smedan.gov.ng/msmeconference.
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  • 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.
    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.
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  • Discover iBooks247 – your gateway to enlightenment and success. Dive into our rich collection spanning spiritual and alternative insights, entrepreneurship blueprints, home and real estate wisdom, and expert dating and relationship advice. Available 24/7 with instant delivery for passionate readers.
    https://ibooks247.com/categories/computers-technology
    Discover iBooks247 – your gateway to enlightenment and success. Dive into our rich collection spanning spiritual and alternative insights, entrepreneurship blueprints, home and real estate wisdom, and expert dating and relationship advice. Available 24/7 with instant delivery for passionate readers. https://ibooks247.com/categories/computers-technology
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  • 4 Interventions to fire up Nigeria’s MSMEs by SMEDAN

    Small And Medium Enterprises Development Agency of Nigeria (SMEDAN) is putting up four major programmes in efforts to grow the sector into global competitiveness.

    A first is to commission five Common Facility Centres for garment making, furniture making, autotech and packaging.

    The centres are meant to bring together workers involved in similar sectors to share facilities at subsidized costs.

    According to SMEDAN Director-General and chief executive officer Dr.Olawale Fasanya, the centres remove the burden of processing machines, workspace, skilled manpower and electricity, which account for very high operating costs for MSMEs.

    He announced the efforts at a press conference to mark the UN World MSME Day in Abuja.

    Pilots of the centres are in Abuja, Lagos, Kaduna, Nnewi and Katsina.

    “The Agency is seeking partnerships with both the public and private sectors to provide the needed enabling environment for our 39.6 million MSMEs to become globally competitive,” said Fasanya.

    An ongoing partnership with commercial banks targets Sterling Bank, First Bank and Jaiz Bank as well as the Nigerian Incentive Risk-Based Agricultural Lending (NIRSAL).

    The partnership is implement measures to reduce the bottlenecks associated with accessing funding windows that is critical to business growth.

    “The partnership seeks to deepen the reach of the Agency’s Matching Fund initiative,” explained Fasanya.

    An initiative to establish a microfinance bank has been concluded. The bank is to attend to the peculiar funding demands of “nano and micro entrepreneurs” that account for more than 90% of MSMEs in Nigeria.

    “These huge number of practicing MSMEs are largely informal requiring tailored services that can transit them from their informal status to becoming formal and structured,” said Fasanya.

    “We are also deepening our interventions and supports towards the sustainable development of MSMEs across the States.

    “I am glad to report that more than 250,000 direct and indirect beneficiaries have been impacted through some of our flagship programs such as the One-Local-Government-One-Product, Conditional Grant Scheme and National Business Skills Development Initiative.

    “The latest Annual Impact Assessment report showed that more than 46% of beneficiaries of the Agency’s programs have been able to generate extra employments, had access to more funding opportunities and have shown verifiable evidence of increased turnover and markets.

    The agency has secured key details of more than 3 million MSMEs in its MSME mass registration database. It will continue to update the database and ensure up to 50% of the total MSMEs in Nigeria are fully captured by the end of 2023 in conformity with the Data Compliance Standards.

    “Other programs of the Agency that have made significant contributions to the inclusive development of the MSME sector include the Accreditation of the Business Development Service Providers, MSMEs Export Facilitation program in partnership with NEPC and Business Development Service Providers.

    “All these interventions have increased the capacities of various categories of MSMEs by more than 30% within the first two years of benefitting from the programme.

    Why the interest in MSMEs?

    The United Nations recgonises the significant role that MSMEs play globally to national socio-economic wellbeing, so much so it declared June 27 the World MSME Day.

    MSME community have helped in realizing the Sustainable Development Goals (SDGs) objectives by being responsible for up to 90% of businesses, 60% to 70% of employments and contributing up to half of the global GDP.

    Specifically in Nigeria, MSMEs contribute over 59 million jobs as at 2021 (over 84% of the total labour force in Nigeria) and more than 48% to the country’s nominal GDP, according to a report by SMEDAN and the National Bureau of Statistics in 2021.

    Programmes to grow MSMEs

    The Talent Hunt, with special focus on identifying special skills and converting talents into enterprise lines.

    “We are very aware of the creative minds of Nigeria’s young populace that account for about 68% of our population,” said Fasanya.

    “We have over the years been able to nudge creative entrepreneurs in the areas of ICT, Fashion, Movie production and metal fabrication.”

    Each participant gets their capacities built in enterprise management and intellectual property laws while the first 3 winners in each states gets varying degrees of grants.

    The agency is levering on key and active business membership organisations to build their capacities and support them in achieving their objectives.

    Several BMOs cut across sectors, gender and regions—and provide advocacy channel for members.

    SMEDAN has over time supported over 200 BMOs with tailored capacity building, funds and linkages to several interventions of Government.

    SMEDAN has charge for 23 industrial development centres, but is repurposing them into Common Facility Centres, workspace, innovation hubs and cluster parks.

    “The IDCs provide an unexploited opportunity for addressing the key challenges that have over time limited the development of the MSME sub-sector,” said Fasanya.

    “The Agency is willing and ready to enter into partnership to repurpose some of the IDCs.”

    Opportunity Fairs and International Fairs is the agency’s route to open more competitive local and global markets.

    Nigeria’s MSMEs contribute only 6.2% of its export.

    The fairs are a means to strategically dominate huge market opportunities that exist within the West African corridors while also connecting to the AfCFTA initiative,” said Fasanya.

    “I can clearly report that more than 160 MSMEs have benefitted from the Agency’s sponsored trade fair visits to the Gambia, Uganda and other West African nations.

    “Also, more than 120 MSMEs have benefitted from the Agency facilitated trade visits to China and other emerging economies in Asia.

    Mindshift and Tertiary Institutions Entrepreneurship Development Programs aims to create young entrepreneurs right from school, both secondary and tertiary.

    It aims to address high unemployment rate in Nigeria, put at 41%.

    More than 5,000 teachers have participated in the Training of Trainers organized across the country.

    Women In Self Employment program (WISEP) focuses on reducing the drudgery associated with agribusiness. SMEDAN run the programme in line with the global efforts to ensure gender balance and to maximize the entrepreneurship abilities of the female gender.

    The program is essentially delivered through Cooperatives.

    Said Fasanya: “There are several other programs and initiatives of the Agency put in place not just to generate income for the owners but also to make significant contributions to our national GDP, create employments, reduce social vices and reduce poverty. Some of these other programs include Agribusiness Development and Empowerment Program, Products and Marketing Enhancement Schemes, Textile and Garment Supports.”

    There is need for emerging economies such as Nigeria to attach importance to the wholesome development of the most important sector of the economy.

    “The resources required to achieve this feat I believe is largely available,” said Fasanya.

    “In line with the theme of this year’s celebration, ‘Building a Stronger Future Together’, now is the best time for every stakeholder within the MSME space to be deliberate in helping to create the much-needed enabling environment to allow our MSMEs to be more competitive.
    4 Interventions to fire up Nigeria’s MSMEs by SMEDAN Small And Medium Enterprises Development Agency of Nigeria (SMEDAN) is putting up four major programmes in efforts to grow the sector into global competitiveness. A first is to commission five Common Facility Centres for garment making, furniture making, autotech and packaging. The centres are meant to bring together workers involved in similar sectors to share facilities at subsidized costs. According to SMEDAN Director-General and chief executive officer Dr.Olawale Fasanya, the centres remove the burden of processing machines, workspace, skilled manpower and electricity, which account for very high operating costs for MSMEs. He announced the efforts at a press conference to mark the UN World MSME Day in Abuja. Pilots of the centres are in Abuja, Lagos, Kaduna, Nnewi and Katsina. “The Agency is seeking partnerships with both the public and private sectors to provide the needed enabling environment for our 39.6 million MSMEs to become globally competitive,” said Fasanya. An ongoing partnership with commercial banks targets Sterling Bank, First Bank and Jaiz Bank as well as the Nigerian Incentive Risk-Based Agricultural Lending (NIRSAL). The partnership is implement measures to reduce the bottlenecks associated with accessing funding windows that is critical to business growth. “The partnership seeks to deepen the reach of the Agency’s Matching Fund initiative,” explained Fasanya. An initiative to establish a microfinance bank has been concluded. The bank is to attend to the peculiar funding demands of “nano and micro entrepreneurs” that account for more than 90% of MSMEs in Nigeria. “These huge number of practicing MSMEs are largely informal requiring tailored services that can transit them from their informal status to becoming formal and structured,” said Fasanya. “We are also deepening our interventions and supports towards the sustainable development of MSMEs across the States. “I am glad to report that more than 250,000 direct and indirect beneficiaries have been impacted through some of our flagship programs such as the One-Local-Government-One-Product, Conditional Grant Scheme and National Business Skills Development Initiative. “The latest Annual Impact Assessment report showed that more than 46% of beneficiaries of the Agency’s programs have been able to generate extra employments, had access to more funding opportunities and have shown verifiable evidence of increased turnover and markets. The agency has secured key details of more than 3 million MSMEs in its MSME mass registration database. It will continue to update the database and ensure up to 50% of the total MSMEs in Nigeria are fully captured by the end of 2023 in conformity with the Data Compliance Standards. “Other programs of the Agency that have made significant contributions to the inclusive development of the MSME sector include the Accreditation of the Business Development Service Providers, MSMEs Export Facilitation program in partnership with NEPC and Business Development Service Providers. “All these interventions have increased the capacities of various categories of MSMEs by more than 30% within the first two years of benefitting from the programme. Why the interest in MSMEs? The United Nations recgonises the significant role that MSMEs play globally to national socio-economic wellbeing, so much so it declared June 27 the World MSME Day. MSME community have helped in realizing the Sustainable Development Goals (SDGs) objectives by being responsible for up to 90% of businesses, 60% to 70% of employments and contributing up to half of the global GDP. Specifically in Nigeria, MSMEs contribute over 59 million jobs as at 2021 (over 84% of the total labour force in Nigeria) and more than 48% to the country’s nominal GDP, according to a report by SMEDAN and the National Bureau of Statistics in 2021. Programmes to grow MSMEs The Talent Hunt, with special focus on identifying special skills and converting talents into enterprise lines. “We are very aware of the creative minds of Nigeria’s young populace that account for about 68% of our population,” said Fasanya. “We have over the years been able to nudge creative entrepreneurs in the areas of ICT, Fashion, Movie production and metal fabrication.” Each participant gets their capacities built in enterprise management and intellectual property laws while the first 3 winners in each states gets varying degrees of grants. The agency is levering on key and active business membership organisations to build their capacities and support them in achieving their objectives. Several BMOs cut across sectors, gender and regions—and provide advocacy channel for members. SMEDAN has over time supported over 200 BMOs with tailored capacity building, funds and linkages to several interventions of Government. SMEDAN has charge for 23 industrial development centres, but is repurposing them into Common Facility Centres, workspace, innovation hubs and cluster parks. “The IDCs provide an unexploited opportunity for addressing the key challenges that have over time limited the development of the MSME sub-sector,” said Fasanya. “The Agency is willing and ready to enter into partnership to repurpose some of the IDCs.” Opportunity Fairs and International Fairs is the agency’s route to open more competitive local and global markets. Nigeria’s MSMEs contribute only 6.2% of its export. The fairs are a means to strategically dominate huge market opportunities that exist within the West African corridors while also connecting to the AfCFTA initiative,” said Fasanya. “I can clearly report that more than 160 MSMEs have benefitted from the Agency’s sponsored trade fair visits to the Gambia, Uganda and other West African nations. “Also, more than 120 MSMEs have benefitted from the Agency facilitated trade visits to China and other emerging economies in Asia. Mindshift and Tertiary Institutions Entrepreneurship Development Programs aims to create young entrepreneurs right from school, both secondary and tertiary. It aims to address high unemployment rate in Nigeria, put at 41%. More than 5,000 teachers have participated in the Training of Trainers organized across the country. Women In Self Employment program (WISEP) focuses on reducing the drudgery associated with agribusiness. SMEDAN run the programme in line with the global efforts to ensure gender balance and to maximize the entrepreneurship abilities of the female gender. The program is essentially delivered through Cooperatives. Said Fasanya: “There are several other programs and initiatives of the Agency put in place not just to generate income for the owners but also to make significant contributions to our national GDP, create employments, reduce social vices and reduce poverty. Some of these other programs include Agribusiness Development and Empowerment Program, Products and Marketing Enhancement Schemes, Textile and Garment Supports.” There is need for emerging economies such as Nigeria to attach importance to the wholesome development of the most important sector of the economy. “The resources required to achieve this feat I believe is largely available,” said Fasanya. “In line with the theme of this year’s celebration, ‘Building a Stronger Future Together’, now is the best time for every stakeholder within the MSME space to be deliberate in helping to create the much-needed enabling environment to allow our MSMEs to be more competitive.
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