Archive FG Partners World Bank to Boost SMEs in Nigeria

FG Partners World Bank to Boost SMEs in Nigeria

-

- Advertisment -

The President Muhammadu Buhari-led Federal Government, through the Ministry of Industry, Trade and Investment, FMITI, has concluded plans to boost Small and Medium Enterprises, SMEs in Nigeria, with the introduction of the initiative tagged- Business, Innovation and Growth, BIG Platform.

Minister of Industry, Trade and Investment, Okechukwu Enelamah With adequate support by the World Bank, the FMITI, in a statement on its website, seeks to grow SMEs in Nigeria, along the lines of sales, as well as providing employment opportunities for Nigerians.
The statement read: “The Federal Ministry of Industry, Trade and Investment, (FMITI) with the support of the World Bank seek to grow small businesses in Nigeria. These businesses will be boosted along the lines of sales and employment, so that we can eventually grow our economy and reduce our dependence on crude oil.
“This initiative is called the Business, Innovation and Growth (BIG) Platform and it is operationalized in the Growth and Employment (GEM) Project.
“The participating businesses will receive support in the following ways: Free Technical Assistance: Including training and consulting services and possibly; Grants: Available in 5 categories: Equity, Matching, Performance, Institutional, Innovative.”
Explaining how Nigerians can register for the BIG Platform initiative, the statement stated: “The steps to accessing this support is: Log on to the BIG Platform (www.bigportal.org.ng), create an account and register your business, Attend an induction workshop and Access the various services available on the BIG Platform.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education (CHRICED) strongly condemns the attempts by certain well-heeled individuals and...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution that generates agricultural innovations to meet Africa’s most pressing challenges...

Nigeria and the Need to Urgently Develop its Universal Protection System

"The COVID-19 pandemic has exposed the inadequacies and weaknesses in our social protection system further widening the gap between...

Agribusiness Engagement key to Poverty Reduction among Youth

With the increasing rate of unemployment among youths in Nigeria, development stakeholders are of the opinion that agriculture can...

63% HIV Pregnant Women Do Not Access PMTCT Services -Expert Decries

By Ijeoma Ukazu | A medical expert, Dr. Ijaodola Olugbenga has decried that about 63 percent of HIV pregnant women...

UNDP To Hold Zonal Innovation Hub on Social Protection in Lagos

By Tejumade Sanusi | The United Nations Development Project, (UNDP) will be holding a two-day sensitization workshop for the establishment...

Must read

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: