The Federal Government through the Niger Delta Chamber of Commerce Industry Trade Mines and Agriculture (NDCCITMA) in partnership with the Niger Delta Development Commission (NDDC) has launched a ₦1.5 billion empowerment scheme to support 1,500 Micro … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG partners NDCCITMA NDDC to empower MSMEs in Niger Delta By Enitan Ajebukola Ajewumi on October 17, 2025 The Federal Government through the Niger Delta Chamber of Commerce Industry Trade Mines and Agriculture (NDCCITMA) in partnership with the Niger Delta Development Commission (NDDC) has launched a ₦1.5 billion empowerment scheme to support 1,500 Micro Small and Medium Enterprises (MSMEs) across the Niger Delta region. The initiative which was unveiled in Port Harcourt is aimed at boosting enterprise growth creating jobs and promoting inclusive economic development. Under the scheme nano enterprises will receive ₦200,000 micro businesses ₦3 million small-scale enterprises ₦7 million while medium-scale enterprises will access up to ₦20 million. Chairman of NDCCITMA Ambassador Idaere Gogo-Ogan said the initiative is designed to tackle poverty at the grassroots through affordable financing with a 0.6 percent interest rate. He added that beneficiaries will also receive business development support including training mentorship and access to markets. Read also, FG partners NDCCITMA NDDC to empower MSMEs in Niger Delta FG targets SMEs for capital market listing to boost growth FG partners private sector to boost SME growth MSMEs urged to apply for growthgia ₦5 million business grant Katsina to host investment summit for SME development Mrs Lyna Okara NDDC Director of Commercial and Industrial Development who chairs the Implementation Committee said the partnership represents a strategic investment in regional productivity urging entrepreneurs to take advantage of the opportunity. The programme which targets 1,500 MSMEs in its first phase is expected to expand to reach over 2,000 entrepreneurs in subsequent phases. MSMEs in the Niger Delta interested in the initiative are encouraged to visit http://www.ndccitma.org.ng for application details.

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The Federal Government has announced plans to list at least 1,000 Small and Medium Enterprises (SMEs) on the Nigerian capital market to expand access to long-term financing and drive economic growth. The move follows the signing of a Memorandum of Un… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG targets SMEs for capital market listing to boost growth By Enitan Ajebukola Ajewumi on October 17, 2025 The Federal Government has announced plans to list at least 1,000 Small and Medium Enterprises (SMEs) on the Nigerian capital market to expand access to long-term financing and drive economic growth. The move follows the signing of a Memorandum of Understanding (MoU) between the Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in Abuja. The partnership aims to open new funding opportunities for Nigeria's over 40 million registered MSMEs by integrating them into the capital market. It is also part of the Federal Government's strategy to build a trillion-dollar economy through inclusive financing and private sector growth. Read also, FG targets SMEs for capital market listing to boost growth FG partners private sector to boost SME growth MSMEs urged to apply for growthgia ₦5 million business grant Katsina to host investment summit for SME development FG, education stakeholders urge SMEs to support inclusive learning for girls Under the MoU, both agencies will organize capacity-building programmes to improve SMEs' financial literacy, corporate governance, and understanding of capital market operations. SEC will contribute to SMEDAN's five-year policy framework to promote SME-friendly market policies, while SMEDAN will identify qualified businesses for listing. The initiative is expected to help small businesses raise funds through equity or debt securities, create jobs, and accelerate industrial expansion. A joint national SME conference will also be convened to engage stakeholders and promote new financing opportunities for SMEs across the country.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110

The Federal Government has reaffirmed its commitment to building stronger partnerships with the private sector to drive sustainable economic growth and development across Nigeria. Secretary to the Government of the Federation, Senator George Akume, m… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG partners private sector to boost SME growth By Enitan Ajebukola Ajewumi on October 17, 2025 The Federal Government has reaffirmed its commitment to building stronger partnerships with the private sector to drive sustainable economic growth and development across Nigeria. Secretary to the Government of the Federation, Senator George Akume, made this known during a courtesy visit by the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Organised Private Sector of Nigeria (OPSN) in Abuja. Read also, FG partners private sector to boost SME growth MSMEs urged to apply for growthgia ₦5 million business grant Katsina to host investment summit for SME development FG, education stakeholders urge SMEs to support inclusive learning for girls Oyo deepens AfCFTA implementation to boost SME participation Senator Akume emphasized that the administration of President Bola Ahmed Tinubu, under the Renewed Hope Agenda, remains dedicated to creating an enabling environment where businesses, particularly small and medium enterprises (SMEs), can thrive, expand, and contribute to national development. NACCIMA President and OPSN Chairman, Engr. Jani Ibrahim, reiterated the private sector's support for government initiatives through projects such as the NACCIMA Green Initiative, which aims to plant one billion economic trees nationwide. The programme seeks to promote climate resilience, rural employment, and sustainable industrial growth through collaboration with government and development partners.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110