Int’l Trade Fair Lagos-President Tinubu Pledges Commitment To Unlock MSME’s Full Potential
Int’l Trade Fair Lagos-President Tinubu Pledges Commitment To Unlock MSME’s Full Potential
President Bola Tinubu says his administration is committed to providing the necessary support for Micro, Small, and Medium Enterprises (MSMEs) to unlock their full potential and ensure their long-term success.
Tinubu said this at the 2023 Edition of the Lagos International Trade Fair (LITF), organised by the Lagos Chamber of Commerce and Industry (LCCI) on Friday in Lagos.
The event has its theme as, “Connecting Businesses, Creating Value”.
Recognising the vital role that MSMEs play in the Nigerian economy, Tinubu stressed the government’s responsibility to support these businesses, considering that they are the lifeblood of economic prosperity.
“It is our duty to provide them with the necessary support and resources they need to flourish.
“We would continue to create policies, provide access to finance and capacity building initiatives that will empower these enterprises to reach new heights of success,” he said.
Governor of Lagos, Mr Babajide Sanwo-olu, said the event’s theme showed the importance of businesses connecting, knowing fully well that no business organisation could survive on its own.
Dr Michael Olawale-Cole, President, LCCI, said the Fair has, over the years, grown to be another significant milestone in the economic life of Nigeria and the broader African continent.
Olawale-Cole said Lagos, Africa’s fifth largest economy, finds itself at another critical juncture in Nigeria’s economic history, facing substantial challenges while holding immense potential for growth and prosperity.
He said the year’s theme; “Navigating Economic Challenges”, underscored the determination of the Nigerian business community to overcome its many hurdles of existence, survival, and growth.
“Nigeria’s economy, like many others, has been impacted by global economic shocks and geopolitical uncertainties.
“It calls upon us to acknowledge the difficulties we face while inspiring us to seek solutions, embrace new opportunities, and develop innovative strategies to foster economic growth.
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