SMEDAN launches database portal to scale up MSMEs

Must Read

TAJBank Launches Nigeria’s 2nd Non-Interest Financial Institution (Photos)

Abuja Nigeria   December 2nd 2019, TAJBank, Nigeria’s second Non –Interest financial institution, has announced the launch of its services...

List of Guaranty Trust 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...

Dr. Olugbodi Clinches Brand Leadership Award

In recognition of his giant strides and outstanding performance in the Integrated Marketing Communication industry, the Executive Vice Chairman...
- Advertisement -
- Advertisement -

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
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.

“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.

Read:  Firm debuts with creative writing contest for kids

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.

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.

Read:  Airtel Offers 100% Bonus on Data in New SmartConnect Package

“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.

Read:  Nigeria: Registration Starts for Innovative Start-Up Programme

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.

“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 -

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.


Please enter your comment!
Please enter your name here

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

Latest News

2019 Review & 2020 Outlook – LBS Executive Breakfast Session (December 2019)

Nigeria – No longer a smugglers paradise The Jury is out as to whether the present border closure in Nigeria...

Inflation, Rolling with the Punches “Border closure, Lower interest rates…”

Based on our survey, headline inflation for November is projected to increase to 11.88% from 11.61% in October. In the last six months, headline...

Agusto & Co announces the retirement of its Chief Executive Officer, Vivien Shobo

Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the retirement of its Chief Executive Officer - Vivien Shobo, effective 31 December 2019....

African Development Bank’s digital skills training benefits women

After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find...

More Articles Like This