Federal Government Shows Strong Commitment To Boosting Small Businesses, Says VP Shettima

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Vice President Kashim Shettima has emphasized the federal government’s unwavering dedication to fostering growth within Micro, Small, and Medium Enterprises (MSMEs) as a means to propel the nation’s economy forward.

During an interview with reporters at the BRICS Trade Fair in Johannesburg, South Africa, yesterday, Shettima shared that empowering MSMEs was crucial for engaging the youth and women in contributing to the nation’s economic progress.

Highlighting President Bola Tinubu’s determination to uplift MSMEs, Shettima reported: “The President is a very compassionate leader and in the coming months, there will be changes in the fortunes of Nigeria.”

He underscored the substantial economic influence of MSMEs on the nation’s economy; stating that this empowerment would enable them to provide for their families and enrich the country.

The vice president praised the event’s organizers for gathering around 180 exhibitors from diverse sectors of the economy; emphasizing that these exhibitions would ultimately stimulate investments and trade across the continent.

Impressed by the Nigerian investments in South Africa, Shettima noted that Nigerians are thriving in the digital economy, fashion, and mining. Their success bodes well for the African continent’s future.

He hailed Rose Bank, a Nigerian investment firm in South Africa, for funding a substantial 40 billion Naira cassava project, foreseeing transformative economic benefits from this venture.

The BRICS Trade Fair, orchestrated by the BRIC South Africa & The SA BRICS Business Council in collaboration with the Department of Trade Industry and Competition, aligns with the ongoing 15th BRICS Summit. The event offers a platform to display products and services from BRICS nations; fostering business-to-business interactions to bolster trade and investments within the bloc.

Accompanied by Nigeria’s High Commissioner to South Africa, Amb. Muhammad Haruna Manta, and other government officials, the Vice President explored the trade fair, commending the collaborative efforts aimed at driving economic growth.

 

 

 

 

 

 

 

 

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