Radda Unveils Plans For MSME Growth At Katsina Roundtable

Governor Dikko Umaru Radda of Katsina State has unveiled strategic initiatives aimed at transforming the state’s economy by empowering nano, micro, small, and medium enterprises (nMSMEs). The announcement came during the Katsina MSME Stakeholders Roundtable yesterday in Abuja.

In his address, Governor Radda stressed that developing a vibrant MSME sector is essential for inclusive economic growth, job creation, and long-term prosperity. “Our vision is to build a dynamic ecosystem where businesses thrive, innovate, and compete not only locally but globally,” he said, emphasising the need for collaboration between the public and private sectors to ensure sustainable development.

He acknowledged several challenges the administration faced upon assuming office, including limited access to finance, inadequate business development services, market access issues, workforce skills gaps, weak institutional structures, and regulatory obstacles.

The governor showcased key achievements reflecting his administration’s commitment to strengthening MSMEs. These include the establishment of the Katsina Enterprise Development Agency (KASEDA), led by Director-General Aisha Aminu, to serve as a hub for MSME support. Financial access programs were also initiated, including a ₦5 billion matching fund with the Bank of Industry (BoI), a ₦1 billion collaboration with SMEDAN and Sterling Bank, and a ₦542 million fund with the UNDP to aid SMEs in conflict-affected areas.

Reforms were also implemented, such as re-inaugurating the MSME Council and introducing operational guidelines to improve institutional efficiency. Market access efforts are bolstered through the Dikko BDS Corp, which offers business support, while the KASEDA Database Portal provides data from an MSME census and cluster mapping for informed decision-making. Additionally, the Katsina Youth Craft Village (KYCV) is being restructured into a skills acquisition hub for young people.

RELATED

NPA Bags NASS’ Transparency Award

3 hours ago

Entrepreneurs Charged On Value, Sustainable Partnerships At UBA Business Series

3 hours ago

During the event, Governor Radda launched a business identification and support initiative along major road corridors in all 34 local government areas of the state. The project aims to map businesses and provide them with loans, training, and grants. “This initiative will empower grassroots enterprises, ensuring no business is left behind. We remain committed to fostering sustainable economic growth across the state,” he said.

Looking ahead, the governor outlined plans to expand the Dikko BDS Corp’s reach, implement KASEDA’s five-year strategic plan, and continue transforming the KYCV into a premier skills center.
He emphasised the importance of market linkages through data-driven strategies and pledged to deepen partnerships with financial institutions and international organisations.

The governor therefore, called on stakeholders to join forces with the government in realising a prosperous and inclusive Katsina. “Your insights, commitments, and investments are vital to achieving this shared vision,” he stated.