The Director General of the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, Dr. Dikko Umaru Radda and his Management team has briefed the Permanent Secretary of the Federal Ministry of Industry Trade and Investment Mr. Edet Sunday Akpan on the activities of the Agency in his office. During the briefing, the Director General noted that the management felt there was need to update the permanent secretary on the activities of the Agency.
The DG However used the occasion to echo the history of the Agency; its structure as well as current programmes it’s carrying out and those that the Agency was collaborating with in her activities; and further took time of his visit to explain to the Permanent Secretary on the Agency’s flagship programmes called “One Local Government One Product”, the Conditional Grant Scheme ( CGS) and the move by the Agency to revive the ailing 23 Industrial Development Centers(IDC) across the country in collaboration with the African Development Bank.
Dr. Radda also told the Permanent Secretary that the major challenge facing the Agency was funding, “we don’t generate revenue, when we look at our mandate; we made analysis with other countries and there is no comparison”.
He gave an example where a similar Agency in Brazil got 1.8 million dollars as its 2015 Budget but SMEDAN since inception in 2003 to date got only 20 million dollars.
Dr. Radda told the ministry’s scribe that there was need to amend the SMEDAN act, “we have had the first and second readings and we look forward to the passage of the bill.
The Permanent Secretary who was attentive throughout the session was briefed on the Agency’s Business clinic, the National policy on MSME, the National Council on MSME, the MSME clinic, and the MSME Survey.
Other area touched by the Director General and Directors present at the meeting were on programmes of the Agency such as Onesimus Programme for prisoners, NDDC, and the Mindshift programmes.
The Director General also emphasized on the need for Agencies under the Ministry to work together as a team to achieve government’s desired goals, “we should collaborate rather than engage in competition as this is detrimental to set objective
Responding, the Permanent Secretary, Federal Ministry of Industry Trade and Investment Edet Sunday Akpan thanked the SMEDAN team for the briefing and said
The Agency is a strategic one, and promised the Ministry‘s support to achieve the Agency’s goals.