Dr. Dikko Umaru Radda, the Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), on Friday, said that the agency under its Conditional Grant Scheme, CGS, will empower 13,050 micro enterprises in Nigeria.
At the flag-off ceremony of the scheme in Daura, Dr. Radda said the programme was in synergy with Bank of Industry (BoI) and other relevant agencies would develop the rural economy, stem youth restiveness, unemployment and generate platform form for sustainable economic growth in the country.
INDEPENDENT reports that the SMEDAN pilot phase of the project is being implemented in 145 local governments areas of Katsina, Gombe, Ebonyi, Benue, Oyo and Akwa Ibom states, and 90 persons from each selected LGAs are expected to benefit from the scheme.
“This present initiative looks to promoting the activities of micro enterprises across the country in the areas of capacity building and the delivery of post a intervention support services such as access to finance, markets, workspace and technology.
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