The National Agency for Science and Engineering Infrastructure (NASENI) has hailed President Bola Tinubu's "Nigeria First Policy" as a bold move to fast-track industrial growth. The policy mandates the Bureau of Public Procurement (BPP) to priorit… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader NASENI backs 'Nigeria First', urges SMEs to maintain quality By Busola Bamidele on May 12, 2025 The National Agency for Science and Engineering Infrastructure (NASENI) has hailed President Bola Tinubu's "Nigeria First Policy" as a bold move to fast-track industrial growth. The policy mandates the Bureau of Public Procurement (BPP) to prioritize Nigerian-made goods in public procurement. NASENI's Executive Vice Chairman, Khalil Suleiman Halilu, praised the initiative, saying it will boost demand for local products and empower indigenous entrepreneurs and manufacturers. "Government is a major buyer. This directive means increased demand across key sectors," he said. Read also: NASENI backs 'Nigeria First', urges SMEs to maintain quality NECA, experts urge long-term support, rights-based practices for MSMEs SMEDAN, CEOS' portal urge mentorship, teamwork at Convergence Africa MCO rakes in N10.9bn, targets more private investors Kwara's shea butter factory to create 10,000 jobs, empower rural women, youths Halilu highlighted NASENI's commitment to local content through innovations such as Nigerian-assembled vehicles, smart irrigation tools, and energy systems. He also emphasized the importance of maintaining high product standards, stating, "Policy support must be matched with quality." The agency is holding "Made-in-Nigeria" focus forums nationwide to engage stakeholders and drive awareness about local products. Halilu affirmed NASENI's readiness to drive the policy's implementation, calling it a defining moment for Nigeria's industrial revolution.

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The Nigeria Employers' Consultative Association (NECA) has called for stronger infrastructure, access to finance, and capacity development to boost MSME growth and economic stability.Speaking at the MSMEs Fair held on May 6, 2025, in Lagos, NECA Treas… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader NECA, experts urge long-term support, rights-based practices for MSMEs By Busola Bamidele on May 12, 2025 The Nigeria Employers' Consultative Association (NECA) has called for stronger infrastructure, access to finance, and capacity development to boost MSME growth and economic stability. Speaking at the MSMEs Fair held on May 6, 2025, in Lagos, NECA Treasurer Richard Ayibiowu emphasized the need for innovative, inclusive approaches to MSME support. He noted that ideas from stakeholder dialogues if acted upon could stabilize Nigeria's economy. Adenike Adeyemi, MD of Fate Foundation, stressed the need for policy frameworks that promote infrastructure and sustained support. She urged stakeholders to treat MSME development as a long-term investment, not just a commercial venture. Read also: NECA, experts urge long-term support, rights-based practices for MSMEs SMEDAN, CEOS' portal urge mentorship, teamwork at Convergence Africa MCO rakes in N10.9bn, targets more private investors Kwara's shea butter factory to create 10,000 jobs, empower rural women, youths Maize, millet, potato output drops as sugarcane booms ILO Country Director Vanessa Phala-Moyo also weighed in, calling on business owners to uphold human rights and eliminate child labour. She described ethical business practices as vital to sustainable development. The fair, themed "Galvanising MSMEs for Economic Growth and Stability," aimed to equip entrepreneurs with actionable strategies to scale and succeed.

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The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called on entrepreneurs to embrace strategic collaboration and mentorship to build enduring businesses.Speaking through Mary Kolawole at the 2025 Convergence Africa conference i… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEDAN, CEOS' portal urge mentorship, teamwork at Convergence Africa By Busola Bamidele on May 12, 2025 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called on entrepreneurs to embrace strategic collaboration and mentorship to build enduring businesses. Speaking through Mary Kolawole at the 2025 Convergence Africa conference in Abuja, SMEDAN DG Charles Odii said the agency remains open to partnerships that drive targeted empowerment programmes. The event, powered by CEOS' Portal Limited and led by its CEO, Patience Olusuyi, gathered industry leaders and business owners to tackle outdated business mindsets and foster sustainable growth. Read also: SMEDAN, CEOS' portal urge mentorship, teamwork at Convergence Africa MCO rakes in N10.9bn, targets more private investors Kwara's shea butter factory to create 10,000 jobs, empower rural women, youths Maize, millet, potato output drops as sugarcane booms NITDA, UNESCO partner to boost AI, ICT, youth development in Nigeria Olusuyi noted that the platform, now in its second year, aims to equip entrepreneurs to build businesses that last beyond individual effort. Leadership strategist Niyi Adesanya, in his keynote, urged founders to seek mentorship and form strategic alliances to stay competitive. Attendees also received training on succession planning and structuring their businesses for long-term success. Organisers described Convergence Africa as a movement empowering entrepreneurs to lead their industries through partnerships and purposeful networking.

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