At the National Industrial Manpower Summit, the Federal Government restated its commitment to empowering small and medium-sized enterprises (SMEs) as part of a broader vision to grow Nigeria into a trillion-dollar economy. The strategy focuses on bui… | By Abimbola Akomolafe on August 13, 2025 | At the National Industrial Manpower Summit, the Federal Government restated its commitment to empowering small and medium-sized enterprises (SMEs) as part of a broader vision to grow Nigeria into a trillion-dollar economy. The strategy focuses on building local value chains, investing in workforce skills, and opening market opportunities under the African Continental Free Trade Area (AfCFTA). This will help SMEs tap into regional trade, expand their customer base, and scale their operations. Read also, Government plans include targeted training, access to industrial hubs, and support for agro-processing, manufacturing, and export-ready businesses. By linking skills development directly to production and trade, SMEs will be better equipped to compete locally and globally. Officials emphasised that a strong SME sector is critical for job creation, innovation, and sustainable economic growth in Nigeria. | | | |
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