By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Apex NewsApex News
Notification Show More
Latest News
 NSCDC Intercept Kegs, Sacks Of PMS From Oil Thieves In Lagos
Crime
APM Terminals Apapa Clarifies Empty Container Returns
Maritime
WACT-APM Terminals Nigeria Welcomes Hapag-Lloyd, Leading Container Carrier To Onne Port
Maritime
Customs Launches B’Odogwu In Port Harcourt Area 11 Command
Customs
B’Odogwu: ECOWAS Trade Facilitation Committee Commends CGC Adeniyi For Innovation, Huge Revenue Generation 
Customs
Aa
  • Home
  • News
  • Business
  • Maritime
  • Politics
  • Sports
  • Personality Interviews
  • Features
  • Photospeak
  • Interview
Reading: ACFCTA: LASG Seeks Private Sector Partnership To Boost MSMEs
Share
Aa
Apex NewsApex News
  • Home
  • News
  • Maritime
  • Business
  • Politics
  • Features
  • Sports
  • Interview
  • Personality Interviews
  • Photospeak
Search
  • Home
  • News
  • Maritime
  • Politics
  • Sports
  • Business
  • Features
  • Photospeak
  • Interview
  • Personality Interviews
Follow US
  • Privacy Policy
  • About Us
  • Advert Rate
© Apex News. All Rights Reserved | Site Developed by OutsourceNow.ng
Apex News > Business > ACFCTA: LASG Seeks Private Sector Partnership To Boost MSMEs
Business

ACFCTA: LASG Seeks Private Sector Partnership To Boost MSMEs

Admin
Last updated: 2022/08/12 at 12:54 AM
3 years ago 4 Min Read
Share
4 Min Read
Lagos State Governor, Mr. Babajide Sanwo-Olu
SHARE

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday called on the private sector to continue collaborating with the State government to enhance the quality and overall performance of the Micro, Small and Medium Enterprises (MSMEs) for business prosperity and economic development.

 

The Governor made the call at the opening ceremony of the 7th edition of MSMEs Exclusive Fair in Ikeja, Lagos, adding that the theme of the fair, “Sustainability of MSMEs on AfCFTA Opportunities for Global and Digitalised Economy”, was designed to showcase the gains of the African Continental Free Trade Agreement (AfCFTA) to SMEs in Nigeria.

 

His words: “AfCFTA can play the role of unlocking innovation, growth and productivity across the continent, but significantly for the MSMEs segment, by translating spending power into economic development.

 

“The advantages of this agreement are quite enormous with the prospect of growing Africa’s GDP by an additional one trillion dollars. This, no doubt presents a huge opportunity for our MSMEs to explore and take due advantage to promote growth, greater prosperity and development”.

 

Sanwo-Olu, who was represented by the Secretary to the State Government, Mrs. Folashade Jaji, stated that as a people-oriented government, his administration would design and implement policies as well as programmes to speedily actualise its goals of sustainable trade, industry and economic development.

 

“My administration is focused on the full and beneficial implementation of our T.H.E.M.E.S. Agenda with special emphasis on infrastructural development, power, mass transportation, waste management, good roads, youth empowerment and conducive business environment, which will improve and enhance the competitive advantage of our MSMEs at both local and international levels”, Sanwo-Olu said.

 

He charged stakeholders at all levels to digitalise their operations for economic reforms and benefits of AfCFTA in order to contribute meaningfully to the business clinic that would be organised towards enhancing the global competitiveness and economic value of the teeming MSMEs in the 21st-Century Economy.

 

Also speaking, the Commissioner for Commerce, Industry and Cooperatives, Dr. (Mrs.) Lola Akande, said the six-day Exclusive Fair, which is among other laudable economic initiatives of the Sanwo-Olu administration, promised to deliver great economic benefits for the teeming MSME operators while strengthening the position of Lagos as an emerging model 21st-Century Economy.

 

Noting that the State government had invested heavily in the MSME sector of the economy to harness the full benefits of growth in the sector, the Commissioner implored all MSME operators to take full advantage of the 7th Edition of the Exclusive Fair to expand their market network.

 

She restated that the present administration, through the Lagos State Employment Trust Fund (LSETF), had made loans available at a 9% annual interest rate for MSMEs in Lagos State.

 

“I want to assure you that the State Government will continue to give the necessary support for the advancement of this sector.  The future of our nation and State is bright and it will continue to improve. I encourage the MSMEs to imbibe the principle of synergy to take full advantage of the benefits of AFCFTA”, Mrs. Akande said.

 

Also, the Permanent Secretary, Ministry of Commerce, Industry and Cooperatives, Mrs. Adetutu Oluremi Ososanya, said the annual staging of the Exclusive Trade Fair was an eloquent testimony of Governor Babajide Sanwo-Olu’s commitment to the growth of the Sector.

You Might Also Like

  NSML Unveils New Logo To Reflect Growth, Leadership

SEME CUSTOMS Makes Another Huge Seizure In One Month

FREIGHT FORWARDERS’ SUMMIT: Participants Canvass Unity, One Voice.

ANLCA CRISIS: EXTERNAL FORCES STILL ON THE PROWL, Mukaila says.

ENL Consortium Bags “Most Outstanding Maritime Company Of The Decade” Award.

TAGGED: Featured, Mr. Babajide Sanwo-Olu
Admin August 12, 2022
Share this Article
Facebook Twitter Email Print
Previous Article FG Tasks APPPN To Bridge Infrastructure Deficit In Africa Continent
Next Article TRANSPORTATION MINISTER, Sambo, Deplores Lack of Maintenance at Tincan Port
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending

 NSCDC Intercept Kegs, Sacks Of PMS From Oil Thieves In Lagos
Crime
APM Terminals Apapa Clarifies Empty Container Returns
Maritime
WACT-APM Terminals Nigeria Welcomes Hapag-Lloyd, Leading Container Carrier To Onne Port
Maritime
Customs Launches B’Odogwu In Port Harcourt Area 11 Command
Customs
B’Odogwu: ECOWAS Trade Facilitation Committee Commends CGC Adeniyi For Innovation, Huge Revenue Generation 
Customs
We’ll Support Lekki Seaport To Unleash Benefits Of Economies Of Scale-Dantsoho
Maritime
Police Arrest Suspected Kidnappers, Armed Robbers In Delta
Crime
Police Rescue 80-Yr-Old Woman From Kidnappers’ Den, Kill 6 Suspects, Arrest 12, Recover Arms, Ammunition 
Crime
NCS, FMITI Unveil Nigeria-East/Southern Africa Air Cargo Corridor Trade Route
Customs

© Apex News. All Rights Reserved | Site Developed by OutsourceNow.ng

  • Privacy Policy
  • About Us
  • Advert Rate

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?