FG Launches Expanded MSME Clinic, Empowers 400 Entrepreneurs


No fewer than 400 Entrepreneurs have been offered 200 newly refurbished stores at subsidised rates in Abeokuta, the Ogun State Capital.

Vice President Kashim Shettima announced the handover of the stores to the beneficiaries shortly after the launch of the second edition of the Expanded Micro, Small, and Medium Enterprises (MSME) Clinic on Tuesday, March 5, 2024, in the state.

The VP said, the beneficiaries would use the stores free of charge for a period of one year, after which they would be charged discounted rates for the use of the facilities.

The Senior Special Assistant to the President on Media and Communications, Stanley Nkwocha in a statement said, the gesture was part of efforts by President Tinubu’s administration to support small businesses by providing an enabling environment for them to thrive.

According to the Vice President, the Clinics and related activities hold the promise of easing the way for small businesses to transform their empires or unicorns of note.

His words: “The National MSME Clinics serve as a bridge between us—between the people and the government. They are designed to bring the government in close proximity to the people by convening all regulatory agencies under one roof.

“This journey further reinforces my conviction that our paramount responsibility as a government is to persist in crafting an enabling environment that allows these small businesses not only to thrive but also to expand their horizons”.

Assuring that the Federal Government, in collaboration with partners, will not rest on its oars until small businesses reach the heights of their potential, the Vice President noted that the overall objective is to “foster an ecosystem where innovation flourishes, where the entrepreneurial spirit of Nigeria shines brightly on the global stage, and where our collaborations yield immense dividends.”

He expressed confidence that with little support, MSMEs across the country can deploy their talents, creativity, and boundless energy to build more viable enterprises.

The Vice President paid glowing tributes to the Ogun State government for their cooperation in the project, describing the state “as a guiding force in the Federal Government’s commitment to supporting enterprises and empowering their owners.”

He noted President Bola Ahmed Tinubu’s vision for the nation which he said “relies on exploring the industrial capabilities developed in this Gateway to the Nation”.

Apart from the Clinics, the VP also commissioned two projects executed by the Federal Government in collaboration with partners – the ultra-modern fashion hub for MSMEs and the refurbished Asero Adire market, all in Abeokuta.

Earlier in remarks, Governor Dapo Abiodun of Ogun State thanked the Vice President for his commitment to the establishment of the Fashion Hub and refurbished Adire market in the State.

He said the event aligns the efforts of the State government in supporting businesses to grow by facilitating access to finance and markets.

The Governor also outlined other innovations by the state government in creating an enabling environment for small businesses, leveraging technology, and introducing grant schemes for them.

On his part, the Coordinating Minister of the Economy and Minister of Finance, Mr Wale Edun reiterated President Bola Ahmed Tinubu’s commitment to improving the welfare of Nigerians, especially supporting small businesses to thrive and grow.

Also, present at the event were members of the National Assembly from Ogun State, including Sen. Solomon Adeola; Sen. Shuaibu Salisu, and Hon. Kafilat Ogbara; Minister of State for Environment, Dr. Izaq Salako; the paramount ruler of Egbaland, Oba Adetotun Gbadebo and other traditional rulers in Ogun State, and heads of government agencies, among others.

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