Governor Godwin Obaseki of Edo State is repositioning the state’s economy and empowering thousands of Micro, Small and Medium Enterprises (MSMES), Hon. Theophilus Imansuangbon has said.
Hon. Imansuangbon said in addition to empowering small businesses, Governor Obaseki has provided support and safe space for the training and empowerment of over 77,000 people across the 18 local government areas (LGAs) of the state based on data from the Edo State Social Investment Programme.
He said statistics from the Wealth Creation, Cooperative and Employment office shows that 13,000 Micro, Small and Medium Enterprises have benefitted from the about N2 billion MSME Fund distributed by 12 Microfinance banks in the state.
He noted that when the PDP accepted to welcome the Governor into their fold and also allow him to contest on their platform, it was in recognition of his development focused governance adding that the governor deserves a second term.
“I am an entrepreneur and I can tell you authoritatively that the fortunes small businesses in Edo state have improved significantly. And all over the world, a state that wants to develop economically, empowers small and medium scale businesses because they create the most jobs” he said.
“As an entrepreneur who has run a restaurant and a school, I can project that the 13,000 MSMEs that benefited from the N2bn funding have collectively created more than 40,000” he said.
According to him, beyond the support to SMEs, the governor’s drive to retool the education system in Edo state will disrupt the development trajectory in the state positively in the near future.
“The National Union of Teachers (NUT) awarded Obaseki as the most education friendly governor 2019 for reforms and innovations in the education sector. The award recognized the Edo State education reform which is focused on driving quality learning through technology, teachers and students motivation” he said adding that education is the bedrock for the development of any nation.