Vice President, Shettima to launch N2bn SMEs empowerment fund

Vice President, Shettima to launch N2bn SMEs empowerment fund

Nigeria’s Vice President, Senator Kashim Shettima, is expected to launch the N2 billion support fund for Small and Medium Enterprises (SMEs) initiated by the Nigerian Association of Small and Medium Enterprises (NASME) penultimate week.

 

NASME President, Dr Abdul Rasheed Yerima disclosed this in Abuja, during a working visit to the Deputy Speaker of the House of Representatives, Hon Benjamin Kalu.

 

According to him, “the Vice President yesterday confirmed to us that immediately he comes back from America, he will be the one that will launch the empowerment fund.”

 

The West Africa SMEs exhibition is scheduled for 16th to 18th October 2023, where the Secretary General of African Continental Free Trade (AfcTA) is to deliver a paper regarding trade initiatives, status and opportunities for SMEs in Nigeria, among others.

 

He observed that the association has over 13.5 million SMEs across the country, which is a member of Nigeria’s five arms of the organised private sector (OPS).

 

He said: “NASME has a membership of 13.5 million active members, and NASME has offices in all the 36 States of the Federation, including Abuja, in all the 774 Local Government Areas…

Kehinde Akintola
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