ESP survival fund: More payroll support payments, MSME grants to commence this week

By Yinka Kolawole

The Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, is hosting over one hundred micro small and medium enterprises, MSMEs, in the 2022 MSMEs Fair aimed at promoting locally produced goods.

The Fair which is the second in the series commences today in Ipodo, Ikeja, Lagos State, and is expected to last for 5 days, with the theme, “Competing for Market”.  

At this year’s MSME Fair which is described as one of the fastest growing MSME fairs in Lagos, exhibitors have the opportunity to showcase their wares as well as enjoy business advisory services from SMEDAN on how to upscale their businesses. 

In a statement to herald the commencement of the Fair, the Director General of SMEDAN, Olawale Fasanya, said that MSME fairs are veritable ground to promote ‘Made in Nigeria’ products.

He stated: “Fairs such as the MSMEs Fair in Ipodo are designed to provide opportunities for exhibition of Made in Nigeria goods by MSMEs. The fair also offers MSMEs a real life platform to hookup to not only market opportunities but also to network with relevant agencies in the MSME ecosystem.” 

Fasanya noted that SMEDAN has come to embrace the Ipodo fair because of the success recorded in the maiden edition, adding “we shall continue to support MSMEs as they are the backbones of any thriving economy”.

He noted that SMEDAN recently organized a successful opportunity fair in collaboration with the Edo State government in Benin City.

“Next week, we shall also be organizing another opportunity fair in Jos, all these are targeted at encouraging our MSMEs and boosting Made in Nigeria goods. 

“The agency would continue to step up sustainable programmes to boost the capacity of MSMEs in Nigeria. Sustainable initiatives and organization of Trade fairs and Expos as well as sensitization would boost patronage of Made in Nigeria goods. The mass of the people are ignorant of the fact that quality and durable products are also produced by MSMEs in Nigeria,” he said. 

Fasanya added that the fairs such as MSMEs fair Ipodo would show that Nigerian MSMEs can produce good things and this will make the people to have a rethink and improve on the patronage of locally made products. 

He equally stated that the Agency was planning to host an opportunity fair for the people with disability in the near future.


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