Vice President Yemi Osinbajo says there is a need for Micro Small and Medium Enterprises (MSMEs) to leverage technology to improve their performances.
Osinbajo made this call while featuring at the National MSMEs Discourse, titled ‘’Little Beginning, Huge Impact,’’ on Thursday in Abuja.
The Vice President was represented by the Minister of Industry, Trade, and Investment, Niyi Adebayo, at the discourse which is part of the National MSMEs week.
Osinbajo said he was delighted to be a part of the maiden edition of MSMEs Discourse organized by the National MSMEs Clinic as an integral part of the National MSMEs week.
“Indeed, in this digital age, it will be important to explore strategies by which small businesses can use technology to improve their performances.
“Just as they would be useful to identifying ways and means which they could be linked to larger companies through outsourcing or supply contracts.’’
He said that the Federal Government had supported MSMEs in various ways including the MSMEs Clinics which were conducted through a partnership of MDAs that were consumer-friendly.
Osinbajo said that the MSMEs Week was the latest initiative in the effort to support MSMEs.
“Over the past few years, we have held a national MSMEs day in tandem with World MSMEs Day as declared by the United Nations.
“However, in order to further build the profile of MSMEs and promote understanding of the sector, we decided to dedicate the whole of this week to promoting awareness about the achievements of our MSMEs and highlighting their needs.
According to her, there is a deliberate effort to make Nigeria the first investment destination in Africa and the world at large.
“I, therefore, urge the private sector, especially operators in the MSMEs space to take full advantage of these initiatives,’’ she said.
Tola Johnson, Special Assistant to the President on Micro Small and Medium Enterprises (MSMEs), Office of the Vice President, had recently announced that the portal for the fourth National MSMEs Award would be open from May 10.
Johnson, who is also the Coordinator, Project Delivery Office (PDO), had said that a new portal www.msmeclinics.gov.ng had been created for the fourth National MSMEs Award slated for June 27.
President Muhammadu Buhari, through the vice president, moved to empower and reward MSMEs across the country which gave birth to National MSME Clinics in 2017.
Some offshoots of the clinics include the MSMEs One-Stop-Shop, the Shared Facility Initiative, and the MSMEs Awards conceived in 2018.
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