By taking the lead in the marketing of made-in-Aba products, Governor Okezie Ikpeazu has paid his due in providing the catalyst for the transformation of the Small and Medium Scale Enterprises in Abia State, the NBC’s MPI Index has shown, reportsWhen the National Bureau of Statistics , released a Multidimensional Poverty Index survey report that measured deprivations related to education, health, and living standard of the people and Abia State was among the top states, many did not pay...
He vowed to wear only made-in-Aba products throughout his stay in office. Not only did he do that but he also took their products to important government agencies like the army, police, National Youth Service Corps and the Nigerian Railway Corporation, thereby creating serious and available markets for them.
Ikpeazu restored the Abia SME and equally became a pacesetter in human capital development in Aba, the commercial hub of the state, a situation that has given youths impetus to go ahead with production. The bank is specifically providing micro-credit to SMEs to enhance economic growth in line with the Ikpeazu-led administration macroeconomic policy of empowerment and wealth creation for Abia people and others doing business in Abia State.
Undoubtedly a rich nation by every standard, one-third of the over 200 million population size of Nigerian citizens is terminally poor and confronted with existential challenges. The MPI report was collaboratively conducted by the NBS, the National Social Safety-Nets Coordinating Office , the United Nations Development Programme , the United Nations Children’s Fund , and the Oxford Poverty and Human Development Initiative .
It noted disparities between zones which it said were greater than those between rural and urban areas. For instance, in the least-poor zone, the report indicates in the South West poor people experience 15 per cent of possible deprivations, while in North-east and North-west 0.324 shows they experience over 32 per cent of possible deprivations.
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