18 Mar 2015

FG begins N39.6bn MSME development programme

Minister of Industry, Trade and Investment, Mr. Olusegun Aganga 
 Minister of Industry, Trade and Investment, Mr. Olusegun Aganga  

The Federal Government on Tuesday inaugurated the first ever Nigerian Business Development Services Network for effective and productive performance of Micro, Small and Medium Enterprises in the country.



The $200m (N39.6bn) project involves a network of private sector business development service providers that will work with the MSMEs across the country to mentor them, provide support services and link them up with financial institutions.
Speaking during the inauguration of the NBDS and the unveiling of the National Business Development Services Market Place in Abuja, the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, said the new initiative marked another milestone in the current administration’s determination to reposition the MSME sector as the major driver of inclusive and sustainable economic growth in Nigeria.

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