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UN Agencies Drum Support for Adequate Investment in MSMEs
UN Agencies Drum Support for Adequate Investment in MSMEs
By: Michael Mike
The United Nations (UN) agencies in Nigeria have hammered on the need for adequate investment in the development of Micro, Small and Medium sized Enterprises (MSMEs) to advance economic growth in the country.
The agencies disclosed this during the commemoration ceremony of the 2025 MSMEs Day on Monday in Abuja.
The event was jointly organised by the United Nations Industrial Development Organisation (UNIDO), International Labour Organisation (ILO), United Nations Development Programme (UNDP), United Nations Information Centre (UNIC) and World Intellectual Property Organisation (WIPO).
Director, UNIDO Sub-regional Office, Abuja, Mr. Philbert Johnson, who was represented by National Programme Officer at UNIDO, Mr. Reuben Bamidele,, said that MSMEs role in nation building cannot be underestimated, therefore the need for adequate investment to ensure their sustainable growth is of uppermost importance.
Johnson said: “We are gathered together today to discuss proper ways to promote innovation and growth within the MSMEs sector.
“In Nigeria, as we know not less than 40million MSMEs are making huge contribution to the economic growth of the country, by providing employment and serving as means of livelihood for people.
“MSMEs, thereby, contribute to the growth of Gross Domestic Products across sectors of the country’s economy. We gathered to dissect the challenges MSMEs face and also, to work closely together towards achieving sustainable growth.”
The ILO Country Representative, Dr Vanessa Phala, stressed the need for strategic measures to be taken to bolster MSMEs impact on the nation’s economy.
Phala, who was represented by ILO’s National Project Coordinator for the Social Dimension of Ecological Transition, Stephen Agugua, said: “We look at how MSMEs can drive the future of the economy through job creation and employment. When you think of job creation and employment that is where ILO comes in.
“MSMEs are key to the growth of every economic sphere: Through this dialogue platform ILO will know the challenges MSMEs are facing and look at pathways for ensuring sustainable solutions collectively.”
The UNDP Deputy-Director, Ms Varsha Redkar-Palepu, represented the National Programme Specialist and Trade Focal Point at UNDP by Claire Henshaw,, described MSMEs as pivotal to nation building.
She noted that MSMEs form the foundation of inclusive and sustainable development in Nigeria, “MSMEs are vital engines for job creation, innovation and social mobilisation, particularly for women and youths. While operating on margins of formal economic systems, we need to put MSMEs at the centre of our development.
“In Nigeria and across Africa, MSMEs holds the key to transforming economic opportunities to meaningful development and the ambition into tangible outcomes,” Phala said.
On his part, Managing-Director of Prohealth, a private organisation, Dr Chinedu Nnabuihe who spoke on behalf of the Nigeria Employers’ Consultative Association (NECA), commended the UN agencies for putting the event together.
According to him, the event is dedicated to the invaluable role MSMEs play in advancing innovation, creating jobs, increasing inclusive and sustainable economic growth across the country.
“In Nigeria, MSMEs are the engine of our economy, driving local production, supporting livelihood and contributing significantly to national GDPs. This is amidst challenges posed by economic situation, limited access to finance and infrastructure.
“Nigeria MSMEs have continued to demonstrate resilience, creativity and determination. At NECA we remain steadfast in our commitment to fostering an enabling environment in supporting MSMEs development,” Nnabuihe said.
The event attracted stakeholders from Small and Medium Enterprises Development (SMEDAN), Nigerian Association of Small Scale Industrialists (NASSI), Nigeria Association of of Small and Medium Enterprises (NASME) and Corporate Affairs Commission (CAC).
Others include, National Insurance Commission (NICOM), Nigeria Social Insurance Trust Fund (NSITF) and Abuja Chambers of Commerce and Industry (ACCI).
Highpoint of the event was visit by the stakeholders to the exhibition stand of MSMEs, overview of UNDP engagement with MSMEs, government agencies’ engagement with MSMEs and WIP-intellectual property for MSMEs.
End
Ambassador Mamman hails Buratai’s legacy, urges youth mentorship
By: Zagazola Makama
Ambassador Yusuf Mamman, former Nigerian envoy, has lauded the leadership and reforms of retired Lt.-Gen. Tukur Yusuf Buratai, former Chief of Army Staff, describing him as a “soldier’s soldier” whose tenure transformed the Nigerian Army’s doctrine, structure, and innovation.
Mamman, who chaired the public presentation of the book Life Principles for Greatness from the Life of Lt.-Gen. Tukur Yusuf Buratai, said he accepted the role without hesitation because the work offered lessons for Nigeria’s youth.
He recalled that Buratai rose from a cadet in the Nigerian Defence Academy to become Chief of Army Staff at a time the country faced the existential threat of Boko Haram insurgency.
“He came at a very challenging and difficult time in our national history, when Boko Haram posed the biggest existential threat to Nigeria’s sovereignty and territorial integrity since the civil war,” Mamman said.
According to him, Buratai spearheaded deep and profound changes that reshaped military doctrine, operations, and troop welfare, laying the foundation for the ongoing modernisation of the Nigerian Army.
“He never sought to take credit, but his works were very evident and clear. The master plan for the Army’s modernisation we are following today was driven by his vision,” he added.
Mamman also linked Buratai’s example to the need for youth empowerment, noting that Nigeria’s young people are making significant contributions in technology, media, and the creative industry.
“We must give them the enabling environment to harness their creativity for national greatness. Our future relies on the resilience, creativity, and scholarship of our youth,” he said.
The event, held in Abuja Intercontinental Hotel attracted dignitaries including Senior Military Officers, both serving and retired, Sen. Abdulaziz Yar’adua, Chairman Senate Committee on Army, and other prominent Nigerians.
Ambassador Mamman hails Buratai’s legacy, urges youth mentorship
Kachalla Alti kills rival bandit kingpin, Dankarami Usaini in Zamfara community
By: Zagazola Makama
A feared bandit kingpin, Kachalla Alti, has killed a fellow gang leader in Matsuki village, Tsafe Local Government Area of Zamfara State, in what residents described as a deadly supremacy battle.
Zagazola gathered from sources that the incident, which occurred at about 4:45 p.m. on Monday, has left the community tense and largely deserted.
Witnesses said the slain bandit, identified as Dankarami Usaini, 40, a Hausa native of Matsuki, had long operated from the Dangajeru forest, allegedly extorting residents and attacking those who resisted.
According to locals, Dankarami was in the village to collect levies on behalf of Kachalla Alti, the younger brother of notorious armed gang leader, Adamu Alero.
However, discontent had been brewing among residents over the “excessive harassment” by Dankarami. They reportedly reached out to Kachalla Alti to intervene. Kachalla Alti stormed the village with his men and shot Dankarami dead on the spot.
Following the killing, many residents fled to nearby villages, fearing retaliatory attacks from Dankarami’s loyalists.
Local sources said tension remains high, with sporadic gunfire heard in nearby forest routes.
Kachalla Alti kills rival bandit kingpin, Dankarami Usaini in Zamfara community
Police, hunters search for kidnapped septuagenarian in Gombe
By: Zagazola Makama
Police in Gombe State, in collaboration with local hunters, have launched a search for a 60-year-old man abducted by gunmen in Funakaye Local Government Area.
Sources said the incident occurred on Tuesday at about 12:30 a.m., when about seven armed men stormed the Ganti area of Abuku village via Ribadu Bajoga and kidnapped one Muhammadu Lawal to an unknown location.
Upon receiving the report from the village head of Bage, a joint team of police operatives and hunters mobilised to comb nearby communities in an effort to rescue the victim unhurt.
The sources said no arrests had been made as of the time of filing this report.
Police, hunters search for kidnapped septuagenarian in Gombe
Investments in circular economy have the potential to increase forex earnings- NESREA DG
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Ambassador Mamman hails Buratai’s legacy, urges youth mentorship
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