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To support the over 40 million small businesses in Nigeria, the Federal Government is planning to set up the Council for Small and Medium scale Enterprises in Nigeria (SMEs)
To support the over 40 million small businesses in Nigeria, the Federal Government is planning to set up the Council for Small and Medium scale Enterprises in Nigeria (SMEs).
This was revealed in Abuja by the Senior Special Assistant to the Vice President of Job Creations and SMEs, Tola Adekunle-Johnson, at the graduation of 5,300 SMBs from Google’s Hustle Academy. This graduation marked the continuation of the program’s impact, with over 10,300 entrepreneurs participating since its inception in 2022 with 4,400 from Nigeria.
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The Hustle Academy, designed to address specific challenges faced by SMBs in Africa, offers practical skills and resources to help these businesses grow. Adekunle-Johnson said the SME Council was necessary, going by the significant contributions of small businesses to the Nigerian economy, stressing that SMEs need huge support to thrive, especially now.
