Within the next three months, the Federal Government has plans to create a top-notch Fashion center in the city of Makurdi, located in the state of Benue. During the recently held ‘Benue Open for Business’ event in Makurdi, Vice President Kashim Shettima revealed this piece of information while presiding over the inaugural ceremony of the Expanded National Micro, Small and Medium Enterprises (MSME) Clinics. Shettima expressed that the fashion hub would be equipped with state-of-the-art machinery.
President Bola Ahmed Tinubu has introduced a groundbreaking idea of creating an exceptional central fashion hub in the vibrant city of Makurdi. The purpose of this initiative is to provide a magnificent platform exclusively for small businesses operating within the thriving tailoring industry in the state. The completion of this hub is expected within a span of three months. The national team is delighted by the bold and innovative attitude of Benue, as it paves the way for an enlightening MSME Clinic train, he remarked.
Benue state — Food Basket of the Nation — is a beacon of inspiration.
According to him, the project not only marked the realization of Tinubu’s commitment to generating employment opportunities and providing accessible funds to the people of Nigeria, but it also paid tribute to the extraordinary determination and hard work embodied by the residents of Benue. Benue, as stated by the Vice President, is renowned for its dedication to labour, its mastery of artistic expression, its unwavering drive for originality, its focus on agricultural advancement, and its encouragement of commercial development.
The essence of Benue’s remarkable Productivity is embodied in these structures, serving as a testament to its core values. The diligent efforts put forth by each individual in this prosperous Food Basket of the Nation has earned them a well-deserved reputation, shining as a beacon of inspiration. The Vice President said it is truly an honour for him to be present amongst them. Shettima highlighted the purpose behind organizing the National MSME Clinics, which stand out as a unique initiative under this administration’s tenure in this breathtaking state. This strategic move aims to acknowledge and appreciate the pivotal role played by Benue in facilitating national commerce and fostering the growth of the MSME subsector, aligning directly with shared objectives.
MSME Clinics to bring together regulatory bodies within MSME sub-sector.
Per his perspective, the clinics are envisioned as a representation of empowerment, acting as a central point where aspirations intersect with possibilities, where creativity flourishes and where the government fosters the development of entrepreneurial spirit through well-planned strategies. He called upon the people of Nigeria to grasp the opportunity and create a prosperous future, by utilizing the nation’s available resources effectively and establishing a flourishing environment for the advancement and triumph of its micro, small, and medium enterprises.
Regardless of their location, be it in Makurdi, Otukpo, Gboko, or Katsina-Ala, all business owners are of utmost importance to this administration. The primary objective of the extended National MSME Clinics is to bring together regulatory bodies within the MSME sub-sector alongside MSMEs and Investors from various small business clusters. In Nigeria, their presence is dedicated to providing remedies for major obstacles that impede the development of these businesses. As Shettima represented the President, he was accompanied by esteemed agency leaders who are not only valuable partners.
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These agency leaders are also deeply committed to the administration’s mission of generating employment opportunities and fostering the growth of MSMEs. In order to achieve this objective, the Federal Government allocated a substantial ₦75 billion fund and secured a low-interest Loan of nine percent from the Bank of Industry (BOI). The President’s determination to address the challenges hindering the growth of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria remains unwavering, and he will continue to exert efforts until these obstacles are successfully overcome.