We’ll create jobs to alleviate poverty in Nigeria: SMEDAN DG

We’ll create jobs to alleviate poverty in Nigeria: SMEDAN DG

Olawale Fasanya, director-general of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said the agency would continue to support entrepreneurs to create jobs and alleviate poverty in Nigeria.

Mr Fasanya said this during the flag-off of the Women In Self Empowerment Empowerment Programme (WISE-P) in Katsina on Sunday.

Represented by Ado Bello, the director of enterprises and promotions of the agency, the DG said the Micro, Small and Medium Enterprises (MSMEs) subsector played a critical role in the transformation of the Nigerian economy.

According to him, MSMEs account for the highest jobs created and poverty alleviation in the country.

He said a national survey conducted in 2020 showed that 39.6 MSMEs employed 62.5 million people in the country, representing 80.2 per cent of the national labour force.

He said to ensure access to finance, MSMEs and SMEDAN were partnering with a non-governmental organisation and the African Centre…

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