This was as he tasked its members to leverage technology and their expertise to enhance the sector’s growth.
Members of the newly inaugurated Council include the Vice President (Chairman); Minister of Industry, Trade and Investment (Vice Chairman); two governors from each of the six geo-political zones; Ministers of Agriculture, Innovation, Science and Technology, and Communication, Innovation and Digital Economy; the Senior Special Assistant to the President on Job Creation and MSMEs; a representative of the Private Sector; and the Director General of SMEDAN (Secretary).
The Special Adviser to the Vice President on Media and Communications, Stanley Nkwocha, disclosed this in a statement he signed on Friday titled ‘VP Shettima Inaugurates Council On MSMEs, Urges Members To Deploy Technology’.
Emphasising President Bola Tinubu’s commitment to improving job security, VP Shettima said MSMEs run by younger Nigerians play crucial roles in driving job creation and economic stimulation.
He stated, “This council has a pivotal role to play in rekindling hope in the Nigerian project as President Tinubu is irrevocably committed to addressing the job security situation, especially within the MSMEs and the younger population.”
The VP highlighted the potential of technology, the Vice President and urged members to leverage its power to streamline processes and enhance service delivery.
The inauguration was attended by Ministers, Director Generals of relevant agencies, and representatives of MSMEs and industry associations.
The National Council on MSMEs is a high-level body established to provide strategic direction and oversight for the development of the MSME sector in Nigeria.
The council’s mandate includes formulating policies to drive MSME development, fostering public-private partnerships, and promoting inter-agency collaboration.
