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  • Fuel Management System Market Competitive Landscape, Strategies, Share, Trends, Segmentation, Growth Forecast by 2028

    The Insight Partners latest offering, titled “Fuel Management System Market Size and Share Analysis to 2028,” provides comprehensive insights for startups and big market players. The report covers industry performance, risk factors, growth determinants, economics of cost, and ROI streams. It combines qualitative and primary research methods, making it an essential product for companies, investors, and business strategists aiming to excel in the Fuel Management System market in a projected timeframe.

    For More Info - https://www.theinsightpartners.com/reports/fuel-management-system-market/

    Market Overview

    Fuel Management System market has experienced dynamic transformations in recent years, anticipated to remain an investible domain for investors in the projected time. The market is propelled by consumer preferences, regulatory parameters, and advancements in technology. Concurrently, the surge in automation has favored Fuel Management System market share expansion. Advancements in manufacturing technologies have made the Fuel Management System market viable and accessible, which is further expected to contribute to market growth.

    In confluence with the aforementioned growth drivers, the Fuel Management System market is also gauged for restraints and trends. The emerging trends in the market are analyzed in this chapter to assist market players in trying to retain their competitive edge. Strategic insights on key players and their tactics are perks of this research. This section brings forward different organic business strategies, strategic partnerships, and collaborations in the Fuel Management System market.

    Market Segmentation

    To adequately aid their customers in a competitive Fuel Management System market, enterprises must educate themselves on key segments. Streamlining market approaches is an effective application of market research. The market segmentation section focuses on product, application, and regional categories. Understanding demographics and high-ROI geographical regions helps entrepreneurs optimize their products.

    Regional Insights

    The report attempts to explore both global and regional market aspects through authorized sources. Regional share, trends, key market players, and future scope are perks under this section.

    Report Attributes

    Details

    Segmental Coverage


    Regional and Country Coverage

    North America (US, Canada, Mexico)
    Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
    Asia Pacific (China, India, Japan, Australia, Rest of APAC)
    South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
    Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
    Market Leaders and Key Company Profiles

    Chevin Fleet Solutions
    Franklin Fueling Systems
    Gilbarco Inc.
    Multiforce Systems Corporation
    Navig8
    Piusi S.p.A.
    OPW Fuel Management Systems
    Orpak Systems Ltd.
    Banlaw
    Syntech Systems, Inc.
    Other key companies

    Need a Customized Market Research Report?

    You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs. the following are some customizations our clients ask for:

    The report can be customized based on specific regions/countries as per the intention of the business
    The report production was facilitated as per the need and following the expected time frame
    Insights and chapters tailored as per your requirements.
    Depending on the preferences we may also accommodate changes in the current scope.

    Our Unique Research Methods at The Insight Partners

    We offer syndicated market research solutions and consultation services that provide complete coverage of global markets. This report includes a snapshot of global and regional insights. We pay attention to business growth and partner preferences, that why we offer customization on all our reports to meet individual scope and regional requirements.

    Our team of researchers utilizes exhaustive primary research and secondary methods to gather precise and reliable information. Our analysts cross-verify facts to ensure validity. We are committed to offering actionable insights based on our vast research databases.

    Author’s Bio:

    Amruta Patil
    Senior Market Research Expert at The Insight Partners
    Fuel Management System Market Competitive Landscape, Strategies, Share, Trends, Segmentation, Growth Forecast by 2028 The Insight Partners latest offering, titled “Fuel Management System Market Size and Share Analysis to 2028,” provides comprehensive insights for startups and big market players. The report covers industry performance, risk factors, growth determinants, economics of cost, and ROI streams. It combines qualitative and primary research methods, making it an essential product for companies, investors, and business strategists aiming to excel in the Fuel Management System market in a projected timeframe. For More Info - https://www.theinsightpartners.com/reports/fuel-management-system-market/ Market Overview Fuel Management System market has experienced dynamic transformations in recent years, anticipated to remain an investible domain for investors in the projected time. The market is propelled by consumer preferences, regulatory parameters, and advancements in technology. Concurrently, the surge in automation has favored Fuel Management System market share expansion. Advancements in manufacturing technologies have made the Fuel Management System market viable and accessible, which is further expected to contribute to market growth. In confluence with the aforementioned growth drivers, the Fuel Management System market is also gauged for restraints and trends. The emerging trends in the market are analyzed in this chapter to assist market players in trying to retain their competitive edge. Strategic insights on key players and their tactics are perks of this research. This section brings forward different organic business strategies, strategic partnerships, and collaborations in the Fuel Management System market. Market Segmentation To adequately aid their customers in a competitive Fuel Management System market, enterprises must educate themselves on key segments. Streamlining market approaches is an effective application of market research. The market segmentation section focuses on product, application, and regional categories. Understanding demographics and high-ROI geographical regions helps entrepreneurs optimize their products. Regional Insights The report attempts to explore both global and regional market aspects through authorized sources. Regional share, trends, key market players, and future scope are perks under this section. Report Attributes Details Segmental Coverage Regional and Country Coverage North America (US, Canada, Mexico) Europe (UK, Germany, France, Russia, Italy, Rest of Europe) Asia Pacific (China, India, Japan, Australia, Rest of APAC) South / South & Central America (Brazil, Argentina, Rest of South/South & Central America) Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA) Market Leaders and Key Company Profiles Chevin Fleet Solutions Franklin Fueling Systems Gilbarco Inc. Multiforce Systems Corporation Navig8 Piusi S.p.A. OPW Fuel Management Systems Orpak Systems Ltd. Banlaw Syntech Systems, Inc. Other key companies Need a Customized Market Research Report? You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs. the following are some customizations our clients ask for: The report can be customized based on specific regions/countries as per the intention of the business The report production was facilitated as per the need and following the expected time frame Insights and chapters tailored as per your requirements. Depending on the preferences we may also accommodate changes in the current scope. Our Unique Research Methods at The Insight Partners We offer syndicated market research solutions and consultation services that provide complete coverage of global markets. This report includes a snapshot of global and regional insights. We pay attention to business growth and partner preferences, that why we offer customization on all our reports to meet individual scope and regional requirements. Our team of researchers utilizes exhaustive primary research and secondary methods to gather precise and reliable information. Our analysts cross-verify facts to ensure validity. We are committed to offering actionable insights based on our vast research databases. Author’s Bio: Amruta Patil Senior Market Research Expert at The Insight Partners
    WWW.THEINSIGHTPARTNERS.COM
    Fuel Management System Market Report Forecast to 2028
    [Research Report] Fuel Management System Market is likely to reach $2,089.56 million by 2028 from $ 1,084.64 million in 2021
    0 Comments 0 Shares 1413 Views 0 Reviews
  • Europe Autonomous Mobile Robots Market Forecast: Business Growth, Development Factors, Applications, and Future Prospects


    Business Market Insights recently announced the release of the market research titled Europe Autonomous Mobile Robots Market Outlook to 2030 | Share, Size, and Growth. The report is a stop solution for companies operating in the Europe Autonomous Mobile Robots market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.

    https://www.businessmarketinsights.com/reports/europe-autonomous-mobile-robots-market/

    Is Investing in the Market Research Worth It?

    Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Europe Autonomous Mobile Robots Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.

    A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, Business Market Insights is helping brands unlock revenue opportunities in the Europe Autonomous Mobile Robots market.

    If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Europe Autonomous Mobile Robots market research has all that you need.

    What are Key Offerings Under this Europe Autonomous Mobile Robots Market Research?

    Global Europe Autonomous Mobile Robots market summary, current and future Europe Autonomous Mobile Robots market size
    Market Competition in Terms of Key Market Players, their Revenue, and their Share
    Economic Impact on the Industry
    Europe Autonomous Mobile Robots Market Analysis by Application
    Production, Revenue (value), Price Trend
    Cost Investigation and Consumer Insights
    Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers
    Production, Revenue (Value) by Geographical Segmentation
    Marketing Strategy Comprehension, Distributors and Traders
    Global Europe Autonomous Mobile Robots Market Forecast
    Study on Market Research Factors
    Who are the Major Market Players in the Europe Autonomous Mobile Robots Market?

    Europe Autonomous Mobile Robots market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Europe Autonomous Mobile Robots market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Europe Autonomous Mobile Robots market share.

    Report Attributes

    Details

    Segmental Coverage

    Component

    Hardware and Software & Services
    Others
    Type

    Picking Robots
    Self-Driving Forklifts
    and Autonomous Inventory Robots
    Others
    End Use

    Manufacturing and Distribution & Warehousing
    Others
    Regional and Country Coverage

    North America
    US
    Canada
    Mexico
    Europe
    UK
    Germany
    France
    Russia
    Italy
    Rest of Europe
    Asia Pacific
    China
    India
    Japan
    Australia
    Rest of APAC
    South / South & Central America
    Brazil
    Argentina
    Rest of South/South & Central America
    Middle East & Africa
    South Africa
    Saudi Arabia
    UAE
    Rest of MEA
    Market Leaders and Key Company Profiles

    ABB Ltd, Clearpath Robotics Inc, Geekplus Technology Co Ltd, Kivnon Logistica SL, Locus Robotics Corp, OMRON Corp, Teradyne Inc , and other key companies


    Author’s Bio:
    Bhavesh Shinde
    Senior Market Research Expert at Business Market Insights
    Europe Autonomous Mobile Robots Market Forecast: Business Growth, Development Factors, Applications, and Future Prospects Business Market Insights recently announced the release of the market research titled Europe Autonomous Mobile Robots Market Outlook to 2030 | Share, Size, and Growth. The report is a stop solution for companies operating in the Europe Autonomous Mobile Robots market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period. https://www.businessmarketinsights.com/reports/europe-autonomous-mobile-robots-market/ Is Investing in the Market Research Worth It? Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Europe Autonomous Mobile Robots Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management. A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, Business Market Insights is helping brands unlock revenue opportunities in the Europe Autonomous Mobile Robots market. If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Europe Autonomous Mobile Robots market research has all that you need. What are Key Offerings Under this Europe Autonomous Mobile Robots Market Research? Global Europe Autonomous Mobile Robots market summary, current and future Europe Autonomous Mobile Robots market size Market Competition in Terms of Key Market Players, their Revenue, and their Share Economic Impact on the Industry Europe Autonomous Mobile Robots Market Analysis by Application Production, Revenue (value), Price Trend Cost Investigation and Consumer Insights Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers Production, Revenue (Value) by Geographical Segmentation Marketing Strategy Comprehension, Distributors and Traders Global Europe Autonomous Mobile Robots Market Forecast Study on Market Research Factors Who are the Major Market Players in the Europe Autonomous Mobile Robots Market? Europe Autonomous Mobile Robots market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Europe Autonomous Mobile Robots market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Europe Autonomous Mobile Robots market share. Report Attributes Details Segmental Coverage Component Hardware and Software & Services Others Type Picking Robots Self-Driving Forklifts and Autonomous Inventory Robots Others End Use Manufacturing and Distribution & Warehousing Others Regional and Country Coverage North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia Pacific China India Japan Australia Rest of APAC South / South & Central America Brazil Argentina Rest of South/South & Central America Middle East & Africa South Africa Saudi Arabia UAE Rest of MEA Market Leaders and Key Company Profiles ABB Ltd, Clearpath Robotics Inc, Geekplus Technology Co Ltd, Kivnon Logistica SL, Locus Robotics Corp, OMRON Corp, Teradyne Inc , and other key companies Author’s Bio: Bhavesh Shinde Senior Market Research Expert at Business Market Insights
    Europe Autonomous Mobile Robots Market to 2030 - By Size, Share, Growth by End User and Forecast | Business Market Insights
    Europe Autonomous Mobile Robots Market was valued at US$ 529.18 million in 2022 and is projected to reach US$ 3,318.12 million by 2030 with a CAGR of 25.8% from 2022 to 2030 segmented into Component, Type, and End Use.
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  • Robot Operating System Market Size, Share, Trends, Analysis and Regional Forecast to 2031

    The “Robot Operating System Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Robot Operating System market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business. Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Robot Operating System market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.

    Get More Details at https://www.theinsightpartners.com/reports/robot-operating-system-market/

    Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Robot Operating System market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Robot Operating System Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.

    Report Attributes

    Details

    Segmental Coverage

    robot type and end-use industry

    SCARA Robots
    Articulated Robots
    Collaborative Robots
    Cartesian Robots
    Parallel Robots
    Others
    Others
    Regional and Country Coverage

    North America
    US
    Canada
    Mexico
    Europe
    UK
    Germany
    France
    Russia
    Italy
    Rest of Europe
    Asia Pacific
    China
    India
    Japan
    Australia
    Rest of APAC
    South / South & Central America
    Brazil
    Argentina
    Rest of South/South & Central America
    Middle East & Africa
    South Africa
    Saudi Arabia
    UAE
    Rest of MEA
    Market Leaders and Key Company Profiles

    ABB Ltd., Clearpath Robotics, DENSO Corporation, FANUC Corporation, KUKA AG, Microsoft Corporation, Omron Corporation, Rethink Robotics GmbH, Universal Robots, Yaskawa Electric Corporation , and other key companies

    Competitive Landscape

    Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Robot Operating System market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.

    Key Coverings:

    Current and Future Market Estimates- Robot Operating System Market Share, CAGR, and Forecast | 2031
    Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
    Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
    Competition Matrix – Key Market Players and Strategies
    Recent Developments and Innovation Contributing Market Growth
    Need a Customized Market Research Report?

    You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.

    The following are some customizations our clients frequently ask for:

    The Robot Operating System market report can be customized based on specific regions/countries as per the intention of the business
    The report production was facilitated as per the need and following the expected time frame
    Insights and chapters tailored as per your requirements.
    Depending on the preferences we may also accommodate changes in the current scope.
    Key Questions Addressed in the Robot Operating System Market Research Include:

    What are present Robot Operating System market values, and what can be expected in the upcoming decade?
    What are the key segments in the Robot Operating System market?
    What is the regional distribution of the Robot Operating System market report?
    What are the key players and their recent strategies?
    What are the key factors driving Robot Operating System market growth?
    What are regulatory concerns and requirements businesses have to compel?

    Author’s Bio:
    Mahesh Lature
    Senior Market Research Expert at The Insight Partners
    Robot Operating System Market Size, Share, Trends, Analysis and Regional Forecast to 2031 The “Robot Operating System Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Robot Operating System market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business. Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Robot Operating System market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction. Get More Details at https://www.theinsightpartners.com/reports/robot-operating-system-market/ Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Robot Operating System market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Robot Operating System Market report presents a thorough analysis of local, regional, and global market scenarios through the following details. Report Attributes Details Segmental Coverage robot type and end-use industry SCARA Robots Articulated Robots Collaborative Robots Cartesian Robots Parallel Robots Others Others Regional and Country Coverage North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia Pacific China India Japan Australia Rest of APAC South / South & Central America Brazil Argentina Rest of South/South & Central America Middle East & Africa South Africa Saudi Arabia UAE Rest of MEA Market Leaders and Key Company Profiles ABB Ltd., Clearpath Robotics, DENSO Corporation, FANUC Corporation, KUKA AG, Microsoft Corporation, Omron Corporation, Rethink Robotics GmbH, Universal Robots, Yaskawa Electric Corporation , and other key companies Competitive Landscape Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Robot Operating System market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands. Key Coverings: Current and Future Market Estimates- Robot Operating System Market Share, CAGR, and Forecast | 2031 Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects. Competition Matrix – Key Market Players and Strategies Recent Developments and Innovation Contributing Market Growth Need a Customized Market Research Report? You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs. The following are some customizations our clients frequently ask for: The Robot Operating System market report can be customized based on specific regions/countries as per the intention of the business The report production was facilitated as per the need and following the expected time frame Insights and chapters tailored as per your requirements. Depending on the preferences we may also accommodate changes in the current scope. Key Questions Addressed in the Robot Operating System Market Research Include: What are present Robot Operating System market values, and what can be expected in the upcoming decade? What are the key segments in the Robot Operating System market? What is the regional distribution of the Robot Operating System market report? What are the key players and their recent strategies? What are the key factors driving Robot Operating System market growth? What are regulatory concerns and requirements businesses have to compel? Author’s Bio: Mahesh Lature Senior Market Research Expert at The Insight Partners
    WWW.THEINSIGHTPARTNERS.COM
    Robot Operating System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
    Robot Operating System Market Research is expecting to accrue strong growth in forecasts frame, drive By Robot Type, End-use Industry and Geography.
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    More hardship for poor Nigerians as kerosene price increases to N1362 per litre, surpassing petrol and diesel.

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  • More hardship for poor Nigerians as kerosene price increases to N1362 per litre, surpassing petrol and diesel.

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  • 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.
    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.
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