SMEDAN launches database portal to scale up MSMEs

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

Minister of State for Industry, Trade and Investment, Hajiya Mariam Yelwaji Katagum, has said the newly launched National MSMEs database will provide detailed information on the enterprises across the country.

Katagum was speaking in Abuja on Monday at the launch of the National MSMEs database and portal by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).

SMEDAN launches database portal to scale up MSMEs - Brand Spur
From left: Chief Operating Officer, Development Bank of Nigeria, Bonaventure Okhaimo; Minister of State, Ministry of Industry, Trade and Investment, Hajiya Maryam Katagum; Director-General, SMEDAN, Dr. Dikko Umaru Radda; Group Managing Director/CEO, Dun and Bradstreet, Rajesh Mirchandani; and Vice President, NASSI, Adeyemi Olayinka, at the presentation of Report and formal Launch of National MSME Database online portal in Abuja on Monday.

“Understanding that the absence of data is one of the biggest problems facing our country, particularly as regards purposeful and effective planning, SMEDAN has moved a step further by developing the National MSMEs database which seeks to provide more detailed information of the MSMEs.

- Advertisement -

“The first phase of the national database captured MSMEs in 2018 in commercially active states of Kano, Abia Lagos and Ogun. The harvested database from other states will gradually be uploaded into the national database portal as funds are made available,” she said.

She said the purpose of this National MSMEs database is to give a face and identity to a large number of MSMEs which, by the recent survey by SMEDAN and the NBS, is put at 41 million providing about 60 million jobs.

The National MSMEs database is expected to amongst others, guide in decision making, furnish stakeholders with vital MSMEs information such as listing sector by sector, location, products and services among others.

Read Also:  Does Work Make You Happy? Not So Much If You're In Developed World

The DG of SMEDAN, Dr Umaru Dikko Radda, said for the agency’s programme to be impactful, it cannot rely on perceptions, hence the need to collate data of MSMEs across the country.

- Advertisement -

“The agency is paying attention to veritable data and the need to continuously update them, hence the need for this project and the portal we are launching today.

“Going forward, the agency intends to intensify effort in the area of business development services. Periodic evaluation of MSMEs who have benefited from loans and business support system and to do this effectively, we need data,” Dr Radda stated.

The GMD/CEO of Dun and Bradstreet, Rajesh Mirchandani who collated the data in this first phase, said the information they have been gathered will improve and scale up the ecosystem of MSMEs.

National Vice President of Nigerian Association of Small and Medium Enterprises (NASME), North Central, Engineer Auwal Ibrahim Bununu, asked SMEDAN to collaborate with the private sector to get more information on MSMEs in all sectors.

- Advertisement -
Read Also:  Free money management for Uber drivers

“We call for more collaboration on this laudable programme. Let them use some of us in the private sector as agents to reach SMEs in all the sectors,” Bununu said.

- Advertisement -
SMEDAN launches database portal to scale up MSMEs - Brand SpurSMEDAN launches database portal to scale up MSMEs - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SMEDAN launches database portal to scale up MSMEs - Brand SpurSMEDAN launches database portal to scale up MSMEs - Brand Spur

Latest News

Heirs Holdings Appoints Dan Okeke as Group Executive Director

Pan-African investment company, Heirs Holdings this week announced the appointment of Dan Okeke as Group Executive Director. The appointment...

Audi apologises for ‘insensitive’ advert showing little girl eating a banana

German carmaker Audi has apologised for an advert showing a little girl leaning on the front of a high-performance car while she eats a...

Shoprite closes second Kenya store in 4 months

Africa’s largest supermarket chain, Shoprite is closing a second branch in Kenya, laying off 115 workers. The first branch closed in April; there are...

Op-Ed: How Facebook’s Messenger Kids can help parents safely introduce their children to Social Media

From the onset of the Coronavirus, there has been the unuttered and unmet request from our children, “We miss our friends, we want to...

Lagos State reduces land use charge

The Lagos Government has reviewed the Land Use Charge (LUC) Law by reversing the rates to pre-2018, thereby undertaking reforms to reduce financial pressure on citizens...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -SMEDAN launches database portal to scale up MSMEs - Brand SpurSMEDAN launches database portal to scale up MSMEs - Brand Spur