• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, July 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Experts Urge Niger Delta Gov’ts To Embrace Infotech, Support MSMEs

by Orjime Moses
1 year ago
in Business
niger delta
Share on WhatsAppShare on FacebookShare on XTelegram

Industry experts have called on state governments in the Niger Delta region to embrace the global trend of the Digital Economy and allocate funding to support the growth and sustainability of Micro, Small, and Medium Enterprises (MSMEs).

Advertisement

Speaking at the 4th Niger Delta MSME Summit/Bootcamp in Port Harcourt, Rivers State, Director of Agriculture at the African Development Bank (AfDB), Dr Martins Fregene advised young MSME owners to pursue skills in accessing funding and financial management.
He noted that many banks are hesitant to lend to MSMEs due to uncertainties such as unclear tax records.

“Some banks are willing to lend, but they fear MSMEs may not repay,” he said.
Director general of the BRACED Commission, Amb Joe Keshi criticised the lack of government support for platforms like the Niger Delta MSME Summit, which aim to foster entrepreneurship among young people.

“Sooner or later, the government will not be employing people anymore. It is business that we will depend on,” said Keshi, the event’s Special Guest, coinciding with the 2024 World MSME Day.
MD/CEO of Fibresol Nigeria Limited, Otuya Okecha urged state governments and intervention agencies to create tech hubs to address digital illiteracy among MSME owners.

“Over 60 per cent of the Niger Delta population are young people. State governments must embrace Digital Stack Models to gather data of citizens,” he stated.
CEO of Mosilo Group and Chairman of Heritage Times HT, Moses Siasia lamented the lack of deliberate policies from state governments for MSME development.

RELATED

Nigerians Groan As SIM Registration, Swap Halted Over NIMC System Migration

NIMC Cautions Against Selling, Sharing Personal, NIN Data To Fraudsters

5 hours ago
Eterna Plc Reports Strong FY 2024 Performance

Eterna Plc Reports Strong FY 2024 Performance

6 hours ago

“This is a purely private-sector initiative.

We have done this for the past four years and seen significant impacts. Leaders must create an atmosphere that gives young people hope and a voice,” Siasia said.

He commended the Niger Delta Development Commission (NDDC), Bank of Industry (BOI), and Century Group for their consistent support.

According to the Coordinator of the Niger Delta Young Professionals (NDYP), Gerald So-George, the summit organisers, highlighted the initiative’s achievements.

“We have empowered over 2,604 individuals with personal grants, the 2020 COVID-19 Fund, NCDMB loans, and CBN Agric Loan Scheme, benefiting approximately 1,820 businesses and creating about 8,319 direct and indirect jobs,” he noted.

Summy Smart Francis, President of Africa’s Young Entrepreneurs (A.Y.E.), inspired attendees by emphasising the importance of adaptation for growth.

“We are in times of innovation and technology. While you complain that Nigeria is hard, many are making money. Entrepreneurs must work hard to increase the value of the naira,” he said.

The 2024 Niger Delta MSME Summit/Bootcamp, themed “Building a Culture of Entrepreneurship and Self-reliance Beyond Oil,” featured strategic panel sessions on partnerships for agricultural growth and unlocking funding, with over 1,000 participants from across the region.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: MSMESNiger Delta
SendShareTweetShare
Previous Post

2,659 Youth Corps Members Compete For NNPC Foundation Business Pitch

Next Post

AEC Sees Huge Oil, Gas Entrepreneurial Opportunities In Nigeria

Orjime Moses

Orjime Moses

You May Like

Nigerians Groan As SIM Registration, Swap Halted Over NIMC System Migration
Business

NIMC Cautions Against Selling, Sharing Personal, NIN Data To Fraudsters

2025/07/27
Eterna Plc Reports Strong FY 2024 Performance
Business

Eterna Plc Reports Strong FY 2024 Performance

2025/07/27
Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa
Business

Shettima To Represent Nigeria At 2nd UN Food Systems Summit In Addis Ababa

2025/07/27
ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential
Business

ASIS 4.0: Stakeholders Pledge Collaboration To Unlock Africa’s Potential

2025/07/27
Caverton Champions Sustainable Marine Mobility With Award-winning Research
Business

Caverton Champions Sustainable Marine Mobility With Award-winning Research

2025/07/27
CORBON Inducts 420 Registered Builders, Announces Competition
Business

CORBON To Register, Train Additional Cadres Of Building Artisans

2025/07/27
Leadership Conference advertisement

LATEST

130 Policemen, Guards Killed Fighting Banditry In Katsina

NIMC Cautions Against Selling, Sharing Personal, NIN Data To Fraudsters

Middle Belt Forum Rejects Permanent Co-Chair For Sultan In Traditional Rulers’ Council

₦200trn Debt: ADC Demands Nigeria’s Loans Audit Of Last 10 Years

Eterna Plc Reports Strong FY 2024 Performance

Mission X: NFF Plans Motorcade Welcome For Super Falcons In Abuja

Iyere Lauds Olawande As ‘Best Youth Minister’, Hails His Commitment To Empowerments

Residents Jubilate Over Killing Of 3 Notorious Bandits In Sokoto

WAFCON: ‘You’ve Made Us Proud’, Jonathan Celebrates Super Falcons

Gov Sani Donates Vehicles To Federal Varsity Kachia

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.