Date: 2021-09-01

Small and Medium Enterprise Development Agency (SMEDAN) on Monday commenced a five-day vocational training for 145 youths in Kwara State. The training, which covered three core areas of catering, tailoring and hairdressing, was under the agency's National Skills Development Initiative (NBSDI).

One of the resource persons, Mrs Funto Babarinde told the participants that the entrepreneurial skills training would hold on Monday and Tuesday while vocational skills acquisition training would take place on Wednesday and Thursday. She said that after the training, the participants would be empowered with equipment and materials to start their chosen businesses.

SMEDAN Director-General (DG), Dr Dikko Radda, in his keynote address, described Micro, Small and Medium Enterprises (MSMEs) as a critical sub-sector in the Nigerian economy.

Radda, who was represented by Mrs Funto Babarinde, said MSMEs accounted for the majority of the enterprises in Nigeria and the highest number of jobs created in the economy.

"The most recent National MSMEs Survey of 2017 revealed that there are 41,543,028 MSMEs, employing 59,647,954 (76.5 per cent of the labour force) and contributing 49.78 per cent and 7.64 per cent to nominal GDP and exports, respectively. "These staggering statistics cannot be ignored in any serious economy. Properly harnessed, MSMEs can trigger an entrepreneurial revolution in Industry, Agriculture and Commerce in Nigeria. "It seeks to pursue a drastic reduction in dependency poverty as most of the out-of-school youths who still rely on stipends from parents are empowered to become self-reliant," he added.

According to the DG, the programme was being implemented in all the states of the federation and FCT.

He added that a total of 5, 365 entrepreneurs would be impacted with entrepreneurship and vocational skills, and empowerment materials, at the rate of 145 entrepreneurs per state and FCT

The DG added that SMEDAN was implementing the Conditional Grant Scheme (CGS) for micro-enterprises in Nigeria.

The programme he said involves capacity building, registration of the micro-enterprises with the CAC, provision of microinsurance and opening of bank accounts.

According to him, grants of N50, 000 had been provided for each of the 25,000 entrepreneurs under the programme in 16 states. In her welcome address, SMEDAN Manager in Kwara, Zainab Abdulmalik said the vocational training was part of the federal government's intervention to keep the youth out of the street.

The state Commissioner for Business, Innovation and Technology, Hajia Aminat Lawal urged the participants to develop a passion for the vocation they chose to learn.

The commissioner,who was represented by a Director in the ministry, Hajia Habibat Saidu, said the training was coming at a time when Gov AbdulRahman AbdulRazaq had lined up many programmes and policies in favour of youths.