The Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Olawale Fasanya, has reiterated Federal Governments desire to boost women owned businesses in the country.
Mr Fasanya said this at the opening of “Meet With the CEO” in collaboration with International Labour Organisation (ILO), in Abuja on Wednesday.
The director-general said in order to ensure this, SMEDAN now has a gender desk and had reserved 50 per cent of its intervention programmes for women.
Fasanya said that the objective of the event was to broaden and deepen the capacity of the MSME operators on regulatory issues.
He said it would enable the agency initiate need based programmes that would enhance MSMEs competitiveness in the global market.
He quoted the National Bureau of Statistics (NBS) saying 40 per cent of businesses in the country are female-led and they contribute significantly to economic growth and job creation in the country.
“”These businesses led by visionary women entrepreneurs are emerging as pivotal drivers of Nigeria’s economic resurgence.
“And they are contributing significantly to the nation’s development across divers sectors,” he added.
According to Fasanya, female-led businesses has continued to show resilience and high level optimism despite the COVID-19 pandemic, climate change and economic downturn.
He said the government and ecosystem players take a more intentional approach to supporting the demographic segment for greater impact, “particularly since investing in female-led businesses produces ripple benefits that triggers employment generation, poverty reduction and wealth creation.”
The director-general therefore advised participants to interact with one another and with government officials, with a view to asking questions and networking on ways to forge ahead.
He commended the ILO, their Co-host, for the unwavering support towards the promotion of equal human rights, social justice and sustainable development.
Meanwhile, the Founder of the Celina Unogwu Visioning Academy (CUVA), Celina Unogwu, reiterated the importance of having a balanced work life as a woman entrepreneur.
According to Unogwu, work life balance refers to the intersection of work and personal life, when there is equilibrium or balance between a personal life and a professional life.
On the importance of entrepreneurs focusing on their goal, she urged the participants to work hard and believe in their dream.
She said: “Work hard, keep dreaming and bring it to life.” (NAN)
