By Adedapo Adesanya
The federal government has stated that the Federal Capital Territory Administration (FCTA) has identified the Small and Medium Scale Enterprises (SMEs) as an important component in the nation’s stride towards economic growth and development.
The Minister of State for FCT, Mrs Ramatu Tijjani Aliyu, assured that the FCT Administration would continue to reward high impact entrepreneurs who had done very well in the various business-related contests under the supervision of the Abuja Enterprise Agency.
Mrs Aliyu, who spoke at the induction and award ceremony of the Institute of Sales and Marketing Management of Nigeria, also affirmed that the Abuja Enterprise Agency remains the administration’s vehicle for entrepreneurial and wealth creation as encapsulated in the FCT Economic Empowerment and Development Strategy.
In a statement by her Special Adviser on Media, Mr Austine Elemue, the Minister, who was represented by the Director Inspectorate, Planning and Monitoring, Area Councils Services Secretariat, assured that the administration is leaving no stone unturned towards ensuring that MSMEs are not encumbered with business support challenges in the territory.
She used the occasion to reiterate that in over 10 years of supporting businesses in the FCT, the Agency has assisted over 73,450 individuals and businesses, adding that 90 per cent of whom are women and youths with critical business support such as business clinics, access to finance, workspace, market linkage amongst others.
The minister further stressed, “The agency has also supported 31,100 rural entrepreneurs in 160 communities with capacity building trainings, access to finance, provision of equipment and other critical areas. These are just some of the few achievements the Agency has attained over the years”.
While speaking on the theme of the induction ceremony; “Rewarding High Impact Entrepreneurs”, the minister noted that the theme was not only apt but also in line with the vision of government ease of doing business.
Mrs Aliyu, therefore, commended the institute for representing thousands of sales professionals from every sector of the economy, industry and commerce.
On his part, the President-in-Council Institute of Sales and Marketing Management of Nigeria, Mr Awulu Mutkari, said that since the establishment of the institute by Act of parliament in 2007, the institute has been active in its advisory role to government in policy formulation on trader matters.
Mr Mutkari, who was represented by Mr Yakubu Ochefu, also stated that apart from individuals, the institute has also been conducting in-house training for sales and marketing staff of corporate bodies who want to sharpen the skills of their employees to engage them in strategic revenue drive that would increase corporate earnings.
He, therefore, called on corporate bodies and other individuals to leverage the Abuja office to train or re-train their staff for professional efficiency, stressing that the unique training offered by the institute exposes students to rigorous educational and industrial on-field opportunities.
The blockchain brings new financing options to the business market. For example, Bitcoin Cash casino has adapted to only using cryptocurrency. This way, it makes it easier for their customers to deposit and withdraw in a BCH casino. Entrepreneurs have taken note of this and are looking to invest more in crypto than in fiat markets.
Like Our Facebook Page
Latest News on Business Post
- FG Launches System to Register Phones to Tackle Theft May 13, 2021
- Premier League Agrees £5bn TV Broadcast Deal Extension May 13, 2021
- Firm Unveils Insurance Cover for Tricycle Riders May 13, 2021
- Insecurity: Buhari Begs Nigerians for More Understanding May 13, 2021
- HP Extends Digital Partner Programme to Global Retailers May 13, 2021
- DMO, Investors Prepare for N150bn Bond Sale May 19 May 13, 2021
- Eid al-Fitr: Akande-Sadipe Tasks Muslims on Peace, Love May 13, 2021
- Companies Pay N392.8bn Income Tax to Government in Q1 2021 May 13, 2021
- Bitcoin Slides as Elon Musk’s Tesla Suspends Acceptance for Purchase May 13, 2021
- Brent Hits $69 Amidst Positive Economic, Demand Forecasts May 13, 2021
Economy5 years ago
Kwara Disburses N1.7b For Projects
Technology5 months ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN
Feature/OPED1 year ago
Davos was Different this year
Economy3 years ago
FAAC: FG, States, LGs Share N655.18b in January
Economy2 months ago
MBA Forex Blames CBN for Inability to Return Investors’ Funds
Banking3 years ago
Sort Codes of GTBank Branches in Nigeria
General2 years ago
Ikeja Electric Explains How to Get Prepaid Metres via MAP
Feature/OPED2 months ago
COVID and the Growth of Technology in Nigeria