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| Mr President Receiving Tissue paper From student |
President dessert apple receiving Tissue Papers created by Students of state middle school Garki national
capital at the eighth
Annual MSME Finance Conference Entrepreneurship Award in national capital organized beneath the CBN yesterday.
PRESIDENT JONATHAN'S REMARKS AT THE eighth Annual CBN MSME's CONFERENCE
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Excerpts;
1. I’m delighted to hitch you here these days at this eighth Annual small, Small, and Medium Enterprises (MSMEs) Conference. Let Maine begin by commending the Management of the financial organization for hosting this vital conference yearly, in support of the Transformation Agenda of our administration and our joint commitment to comprehensive growth and job creation.
2. Micro, tiny and Medium Enterprises (MSMEs) area unit recognized, everywhere the planet, because the engine of growth in any development directed economy. as a result of their inherent labour intensive production processes, they conjointly give a viable platform for job creation.
3. Everywhere the developed world, the contribution of MSMEs to value averages regarding forty seven %. However, here in Federal Republic of Nigeria, MSMEs account for less than ten % of our value.As reported by the tiny Medium Enterprises Development Agency of Federal Republic of Nigeria (SMEDAN), there area unit regarding seventeen.3 million MSMEs in Federal Republic of Nigeria compared to the over forty million MSMEs in Dutch East Indies, whose population is simply alittle larger than ours. a number of the explanations adduced for this inequality area unit the restricted access to finance, low production technology, poor infrastructure and lack of market access.
4. girls and gentlemen, these challenges demand a lot of concrete and united measures to reinforce, and expand the activities of MSMEs in our country. the main focus of this year's conference - Charting ways in which to Resolve the matter of Access to, and value of Finance to MSMEs in Federal Republic of Nigeria - is, therefore, quite applicable.
PRESIDENT JONATHAN'S REMARKS AT THE eighth Annual CBN MSME's CONFERENCE
--
Excerpts;
1. I’m delighted to hitch you here these days at this eighth Annual small, Small, and Medium Enterprises (MSMEs) Conference. Let Maine begin by commending the Management of the financial organization for hosting this vital conference yearly, in support of the Transformation Agenda of our administration and our joint commitment to comprehensive growth and job creation.
2. Micro, tiny and Medium Enterprises (MSMEs) area unit recognized, everywhere the planet, because the engine of growth in any development directed economy. as a result of their inherent labour intensive production processes, they conjointly give a viable platform for job creation.
3. Everywhere the developed world, the contribution of MSMEs to value averages regarding forty seven %. However, here in Federal Republic of Nigeria, MSMEs account for less than ten % of our value.As reported by the tiny Medium Enterprises Development Agency of Federal Republic of Nigeria (SMEDAN), there area unit regarding seventeen.3 million MSMEs in Federal Republic of Nigeria compared to the over forty million MSMEs in Dutch East Indies, whose population is simply alittle larger than ours. a number of the explanations adduced for this inequality area unit the restricted access to finance, low production technology, poor infrastructure and lack of market access.
4. girls and gentlemen, these challenges demand a lot of concrete and united measures to reinforce, and expand the activities of MSMEs in our country. the main focus of this year's conference - Charting ways in which to Resolve the matter of Access to, and value of Finance to MSMEs in Federal Republic of Nigeria - is, therefore, quite applicable.
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