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Path to Nigeria”s development

Alhaji Muhammad Umar, Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has said economic independence can only be attained through the development of Micro, Small and Medium-Enterprises (MSMEs).

A statement signed by Mr Levi Anyikwa, an Assistant Director in SMEDAN, said Umar spoke at the first graduation and second matriculation of inmates of the Kirikiri Medium Security Prisons in Apapa, Lagos.

The statement, made available to the News Agency of Nigeria (NAN) in Abuja yesterday, said that without economic independence, Nigeria will not feel the impact of its political independence.

As Nigeria is preparing to celebrate its 50th independence anniversary on Oct. 1, he stressed that without economic independence, the nation would not really feel the impact of its political independence.

He said SMEDAN, which had been collaborating with the Covenant University, and the Prisons Fellowship of Nigeria, would deliver entrepreneurial training, which inmates would need when they leave prison.

Umar said, “Under the collaboration, SMEDAN will deliver entrepreneurship training for the inmates, while the Nigerian Prisons Service will give them vocational training. “The Prisons Fellowship of Nigeria gives spiritual counselling, while the Covenant University organises psychological rehabilitation programme.

“As the vanguard agency for MSMEs development, it is our conviction that with the right business environment, small businesses will sooner than later free our economy from the stranglehold of crude oil.”

The director-general said that as the country was about to celebrate its Golden Jubilee, economic independence would truly emancipate the country. (NAN)