Categories: BusinessLocal

Osinbajo Seeks Monitoring Of SMEs To Increase Access To Funds

Vice President Yemi Osinbajo has called for an effective monitoring and evaluation mechanism for Micro, Small and Medium Enterprises to enable them access funds to address the existing gaps in the growth of the Nigerian economy.

The Vice President spoke in Abuja on Tuesday, at the 2015 National Medium Enterprises Summit with the theme “Entrepreneurship for National Development: the Place of Micro, Small, Medium Enterprises in the Economy Under the Change Agenda”.

Professor Osinbajo said there were lots of opportunities for the Micro, Small and Medium Enterprises and those who needed funds but lacked the connection to access funds.

The Vice President said that effective coordination among agencies was needed to remove the overlaps and streamline all the different interventions in other to avoid wastes.

According to him, efforts shall be made to ensure ease of doing business, as the current situation makes Nigeria one of the worst places of doing business.

He said the Muhammadu Buhari-led administration was determined to give every Nigerian the fair chance to do business by making it easy to get business permits following due process.

Williams Osewezina

Disqus Comments Loading...

Recent Posts

NDLEA Destroys Over 73,000kg Of Illicit Drugs In Edo

The agency said that cannabis constituted the bulk of the drugs destroyed, weighing 73,210.23 kilogrammes.

36 mins ago

Trump Cancels Scheduled Bombings Against Iran

He said his action was based on the fact that discussions with the Islamic Republic…

2 hours ago

[UPDATED] Papiri School Abduction: Court Sentences Five Linked To Attack To 25 Years Imprisonment

Justice Binta Nyako handed the sentence on Thursday shortly after the five men, including two…

2 hours ago

Insecurity: Senate Asks States To Halt Peace Deals With Terrorists, Bandits

It asked the police to track and apprehend bandits who openly use social media platforms,…

3 hours ago

Somali Referee Banned By US To Officiate UEFA Super Cup

UEFA president Aleksander Ceferin poured praise on the Somali referee in a statement released a…

3 hours ago

June 12: FG Declares Friday Public Holiday

June 12 is observed annually as Nigeria's official Democracy Day and commemorates the 1993 presidential…

3 hours ago