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Bad roads, insufficient funds, illiteracy, bane of Nigeria’s SMEs

By Egufe Yafugborhi

PORT HARCOURT – THE Foundation for Partnership in the Niger Delta, PIND, has identified lack of access roads, funds and widespread illiteracy as bane of Small and Medium Enterprises, SMEs, development in Nigeria.

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At a capacity building for SMEs service providers in Port Harcourt, Rivers state, the NGO said Nigeria would maximize time tested potentials of SMEs to boost economies if government attracts funds into the scheme and provide enabling infrastructure to ease farmers and agro businesses movement of products out to the market.

PIND’s Market Development Projects Manager, Precious Agbunno, said, “It is not government’s core business to create jobs as SMEs do, but once government creates that enabling environment for SMEs to thrive, they will be create jobs, and government benefits more money because more people will be able to pay tax.”

To the PIND trained service providers, Nnoham-Onyejekwe, said, “My advise to them is to elevate what we have taught them, as well as innovate, expand what we have taught them, and get more tools, there are a lot of business opportunities to explore”


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