SMEDAN urges coordination of informal sector | Dailytrust

SMEDAN urges coordination of informal sector

Proper coordination and development of the informal sector are critical to Nigeria’s economic survival and will arrest the incessant youth restiveness in the country.

The Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr Dikko Umaru Radda said this in Ilorin, Kwara State on Wednesday at the MSME Support Organisations Dialogue.

According to Dikko, who was represented by the North Central Zonal Coordinator, Mrs Abah Charity, said the MSMEs sector can generate jobs more than any other sector in the country and stimulate widespread economic growth.

“The Micro, Small and Medium Enterprises sub-sector is considered the engine of socio-economic transformation globally. 

“The sub-sector can generate more jobs than any other, create wealth and reduce the prevalence of poverty, youth restiveness if properly harnessed and coordinated.”

She said the initiative was conceived as a platform to bring together major stakeholders in the Nigerian MSMEs ecosystem to discuss challenges inhibiting growth and development.

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
Media Trust Ltd

Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let me know.

Whatsapp: +234 806 990 3410