Federal Govt Commends Bank Of Industry, Others On SMEs Intervention

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Vice President Yemi Osinbajo, has commended the various intervention programmes being implemented by the Bank of Industry (BoI) to support the growth and

The Award was introduced to encourage and reward outstanding MSMEs doing business in Nigeria.

Speaking at the event, the VP said that the relentless drive, energy and creativity of young Nigerians are the guarantee that the country will prosper and provide jobs and opportunities for the millions of youths coming into the job market yearly. While making specific reference to prospects in the manufacturing and technology sectors, the vice president expressed optimism that MSMEs in technology and manufacturing, especially in the clean energy or green economy deserve special mention.

“The vehicles are now deployed for public transportation in the Maiduguri metropolis. By April they had conveyed over 21,000 passengers. I had the singular pleasure of driving one of the electric cars when I visited the Phoenix Renewables stand at the Borno MSME Clinic. He said the improvement in the value of prizes given to award winners from an initial one car star prize in 2018 for the MSME of the Year winner to 10 cars to winners in all categories in 2022 is to underscore the significant improvement that has been built between the private sector and the federal government over the years.

 

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