Deputy Speaker of the House of Representatives, Hon. Benjamin Carew, said the South-East region has great potential to drive national and economic development, adding that the zone is home to some of the most enterprising individuals and communities in the country and is home to generations of He said it has a rich commercial history that goes beyond.
Kalu said this while delivering a message of goodwill to Vice President Kashim Shettima on Thursday during the inauguration of the 5th Expanded National MSME Clinic in Enugu State.
A statement on Friday by the Special Assistant on Press Affairs to the Vice-Chancellor, Mr. Udora Orizu, said the initiative is part of the Federal Government’s strategy for ease of doing business in Nigeria, which includes the first, second and third editions. , said the 4th edition was launched in 2018. Benue, Ogun, Ekiti and Jigawa states respectively.
He said the establishment of the 5th Expanded National MSME Clinic in Enugu recognizes the potential of the South-East region to drive national economic growth through MSMEs and has a special place in the administration of President Bola Tinubu. He said this is another proof that there is.
The Vice-Chairman also said that the MSME hub in Enugu is not just a facility but an important and strategic platform to harness the economic potential of the South East.
Kalu pointed out that the hub is well-positioned to bridge the gap between ambition and opportunity, empowering the region’s hard-working men and women to turn their dreams into successful enterprises, adding that the hub will help drive innovation. Serves as a hub for businesses, providing entrepreneurs with the resources, training, and guidance they need to scale their businesses.
He commended President Tinubu and the Vice President for their efforts to support nano, micro, small, medium and medium enterprises (NMSMEs), noting that the government’s strategic interventions have a direct impact on removing obstacles faced by SME owners. An environment that aims and allows their efforts to grow their business.
Kalu also commended the Enugu State Governor, Dr. Peter Mba, for the joint efforts of the Federal and State governments to prioritize small and medium enterprises in Enugu State.
Additionally, the Vice Speaker reiterated the commitment of the 10th House of Representatives, under the leadership of Speaker Abbas Tajudeen, to support economic growth and entrepreneurship through legislative instruments.
He said Parliament recognizes the importance of a conducive legal framework for the success of initiatives such as MSME clinics, and that is why the Igba Boi system, the famous Igbo apprenticeship scheme, should be rolled out across the country. He said that he sponsored the recruitment of the students into a formal apprenticeship system. He added that the bill is currently at a critical stage of consideration in the House of Commons.
Kalu said: “Warm greetings from the Speaker and all Members of the House. This event not only symbolizes our collective commitment to the growth and sustainability of MSMEs in Nigeria. Bola Ahmed Tinubu Under the visionary leadership of the President, we have witnessed bold steps that have breathed new life into the Nigerian economy.
“Today, we acknowledge that significant progress has been made with the introduction of various financing schemes tailored to support businesses across the country: the Presidential Conditional Grant Scheme (PCGS), the FGN MSME Intervention Fund; The establishment of three funds totaling N200 billion, including the FGN Manufacturing Sector Fund, is a testament to President Tinubu’s recognition that MSMEs play an important role in promoting sustainable growth.
“The Presidential Conditional Grants Scheme (PCGS) provides financial support to nanobusiness owners with a subsidy of N50 billion, reaching 1 million small and medium enterprises across the country. By supporting sectors such as , food services, ICT and craftsmanship, we ensure that even the smallest businesses are not left behind on the path to economic prosperity.
“As we gather here in Enugu for the launch of this strategic MSME hub, we must recognize the importance of this location. It’s no secret that the region is a pioneer in commerce, apprenticeship and innovation, and the establishment of this hub is a direct recognition of the entrepreneurial dynamism that thrives here. ”
