SMEDAN Targets 5m New Jobs — DG

DAILY NEWS EXTRA

SMEDAN Targets 5m New Jobs — DG

The Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Alhaji Bature Masari, has put in place modalities that will enable the agency to create 5million jobs for the country in the next two years.

Masari, said that the job creation mileage between now and 2015will be achieved through the National Enterprise Development Programme (NEDEP) initiated by Minister of Industry and Trade and Investment, Mr. Olusegun Aganga.
He said NEDEP is being implemented under three pillars, technical/vocational skills acquisition, and business development services (BDS) Entrepreneur training and access to finance.

The SMEDAN DG sari added that “the Entrepreneurs training components of NEDEP is being anchored under the local government one product (OLOP) programme. The aim is to revitalize the rural economy and alleviate poverty in rural areas in Nigeria”.
“Therefore, the overall objective of the OLOP/NEDEP programme is to revitalize our rural economy, improve employment opportunities and alleviate poverty in rural areas in Nigeria.

This will be done through the establishment of sustainable MSMEs in the 774 Local Government Areas (LGAs) based on comparative and competitive advantages”.

Other benefits, he mentioned, include the entrenchment of entrepreneurial culture, economic development, industrialization of rural areas, industrial cluster development, and increased MSMES contribution to GDP, increased export potentials, crime reduction, wealth creation and political stability.
”As you may be aware, the pilot project of the OLOP programme was conducted in Kano and Niger States from September 2010 to July 2011.

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