Osinbajo To Launch MSME Clinic In Kwara

MSME Clinic, Yemi Osinbajo, KwaraActing President of Nigeria, Professor Yemi Osinbajo, is set to launch a three-day Micro Small and Medium Enterprises (MSME) clinic on Thursday, February 23 for viable enterprises in Ilorin, the Kwara State capital.

Recall that Acting President Osinbajo commissioned the Aba MSME clinic on January 26.

Aba is the commercial hub of Abia State in southeast Nigeria.

The Chief Operating Officer of the Kwara State MSME Bureau, Mr Segun Soewu, who made the disclosure in a statement on Monday, informed that the event would hold at the Banquet Hall, Ilorin by 10:00AM daily.

He described the clinic as an opportunity for MSME operators in the state to discuss the opportunities and challenges confronting their businesses.

The MSME Bureau boss added that business owners can also make inquiries about policies and regulations regarding their businesses from the Federal agencies that would be present at the programme.

He listed the agencies to include the Standard Organisation of Nigeria (SON), Federal Inland Revenue Services (FIRS), Corporate Affairs Commission (CAC), Nigerian Investment Promotion Commission, Nigeria Export Promotion Council, Nigerian Export-Import Bank and National Agency for Food and Drug Administration and Control (NAFDAC).

Others are Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Industrial Training Fund (ITF), Bank of Agriculture, Bank of Industry, Federal Institute of Industrial Research, Oshodi (FIIRO), Projects Development Institute, Raw Materials Research and Development Council, and the National Agency for Science and Engineering Infrastructure.

Mr Soewu asked intending participants to contact the office of the Chief Operating Officer of the Kwara State MSME Bureau at the Ministry of Commerce and Cooperatives, Gambari Road in Ilorin.


Reps Investigate Nigeria’s Dried Beans Export Ban

Dried beans export from NigeriaThe House of Representatives has mandated Committees on Agriculture, Commerce and Industry to investigate the ban on the exportation of dried beans from Nigeria to European countries.

This resolution followed a point of order raised by Honourable Dozie Nwankwo on Wednesday during plenary.

He expressed concern over the effect of the extended ban of dried beans export on the nation’s economy.

The ban placed by the European Union was done on the grounds that the produce contained high level of pesticide.

The committees are to report back to the house in two weeks for further legislative works.

Officials of the Nigeria Export Promotion Council had in September 2015 considered ways of reviewing the European Union’s ban of products from Nigeria.

Issues of poor packaging, non-adherence to food safety measures and non-compliance to administrative procedure had characterised ‎product export from Nigeria to countries in Europe.

The Executive Director of the Nigeria Export Promotion Council, Mr Olusegun Awolowo, said the ban, according to a report from the World Bank, could lead to a drop of over $6 billion exportable goods from developing countries in 2016.

Council Spends $230,000 In Promotion Of Shea Butter, Sesame Seeds Export

sesame-seeds-Shea-butterThe Nigeria Export Promotion Council says it has spent $230,000 to improve the production and export of Shea Butter and Sesame Seed.

At a meeting held in Abuja on Wednesday between officials of the Nigeria Export Promotion Council and producers of Shea Butter and Sesame Seed, the Executive Director of the Council, Mr Olusegun Awolowo, said the initiative was aimed at ensuring that products exported were of international standard.

He also said that the initiative would help ensure that the products gained international acceptance.

He said the export of competitive products outside the shores of the country was essential for the creation of wealth and poverty reduction.

Mr Awolowo further promised continuous support for exporters but urged Nigerians to harness the country’s natural resources towards wealth creation and poverty reduction.

The initiative for the improvement of the products was applauded a representative of the International Trade Centre, Ludovica Ghizzoni, who stressed the need for constant engagement with exporters to keep them abreast with international best practices.

With most states in Nigeria building partnerships to help it’s indigenes to focus on how to export products with competitive advantage, a Permanent Secretary with the Ministry of Commerce and Cooperatives, Kwara State, Sharu Mohammed, suggested adequate funding.

Over the past 10 years, demands for Shea Butter products and Sesame Seeds have grown in the European Union and the United States.

The challenge is now thrown to Nigerian exporters to seek ways of improving the quality of their products for it to get international acceptance.

Shea Butter is an off-white or ivory-colored fat extracted from the nut of the African Shea tree (Vitellaria paradoxa) while the Sesame is a flowering plant in the genus Sesamum, with numerous wild relatives occurring in Africa and a smaller number in India.