• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 2, 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

Large-cap Stock Drives Local Bourse To N180bn Gains

Equities Extend Losing Streak As Capitalization Drops By N150bn

2 hours ago
Seplat Energy Appoints Ezugworie COO

Seplat Energy Drives Media Entrepreneurship, Empowers 50 Journalists

2 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

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


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

Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Equities Extend Losing Streak As Capitalization Drops By N150bn

2025/07/02
Seplat Energy Appoints Ezugworie COO
Business

Seplat Energy Drives Media Entrepreneurship, Empowers 50 Journalists

2025/07/02
Dangote’s 650,000bpd Refinery 97% Completed – NMDPRA
Business

Stakeholders Gear Up For Inaugural Gas Safety Conference To Secure Growing Sector

2025/07/02
C&I Leasing Posts Net Profit Of N1.6bn In 2024
Business

C&I Leasing Posts Net Profit Of N1.6bn In 2024

2025/07/02
Mobile Phone Subscribers Shrink 30% As SIM-NIN Policy Takes Effect
Business

SIM Swap, Registration Temporarily Halted As Telcos Migrate To New NIMC System

2025/07/02
Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director
Business

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

2025/07/01
Leadership Conference advertisement

LATEST

Governor Alia And The Power Of Leadership With Grace

Benue Crisis And The Aftermath Of Tinubu’s Visit

NCCE Boss Urges Data-Driven Education Leadership

Equities Extend Losing Streak As Capitalization Drops By N150bn

Seplat Energy Drives Media Entrepreneurship, Empowers 50 Journalists

Stakeholders Gear Up For Inaugural Gas Safety Conference To Secure Growing Sector

C&I Leasing Posts Net Profit Of N1.6bn In 2024

ALTON Announces Disruption In SIM Services Amid NIMC Platform Switch

Dantata Laid To Rest In Madinah, Dangote, Others Bid Farewell

The Political Economy Of Tax Reform

© 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.