MSME stakeholders conference to articulate new blue print for businesses
Challenged by array of issues hindering the growth of small and medium businesses in Nigeria, a stakeholders conference is being organised in Abuja to articulate a common position on the possibility of formulating a new and generally acceptable blue print that will create an enabling environment for businesses to thrive.
Governments at all levels have over the time committed to formulating policies that will propel growth of medium and small business in the area of lending, infrastructural development for wealth and job creation.
However, experts have opined that such policies failed to achieve desired result because they were unclear and unfriendly there by scaring away potential small businesses which ultimately results to loss of revenue to the country.
Determined to guaranteeing the success of medium and small businesses, Manual Technologies and Global Investment limited is collaborating with government agencies such as Small and Medium Scale Enterprise Development Agency of Nigeria (SMEDAN), Corporate Affairs Commission (CAC) as well as private organisations such as Business Day, Ebonylife Television amongst others to put together a conference where like minds would together articulate ways for small businesses yo thrive even in the face of arduous economic conditions.
According to a statement from Manual Technologies and Global Investment limited, the conference became imperative realising that the MSME which is the economic life of the country was the least explored.
“ Despite the fact we are but a group of young Nigerians with different academic backgrounds and varying degrees of experience, we have decided to come together to create a viable one-stop opportunity to help lift many of those artisans businesses, which hitherto has not done too well as a result of many encumbrances occasioned by various unclear government policies, some of which in fact scare away potential businesses, resulting in great loss of revenue to the country “, the statement noted