For the 2024 MSME Week festivities, the Federal Government of Nigeria has launched a new program to recognize and reward creative and resilient entrepreneurs who have shown extraordinary success in their operations.
Temitola Adekunle-Johnson, Senior Special Assistant on Job Creation and MSMEs, made this announcement: as part of the 2024 MSMEs Week festivities, notable entrepreneurs would receive cash awards, automobiles, and residences.
A national MSME clinic was established by the federal government to provide companies with a venue to exhibit their goods, attract investments, and advance in vital areas including capital, infrastructure, technology, skill development, and market access.
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A key requirement to be eligible for the selection and awards is registration with key regulatory bodies including the Standard Organisation of Nigeria, the Corporate Affairs Commission, and the National Agency for Food and Drug Administration and Control.
This initiative is set to commemorate the 2024 United Nations World MSMEs Day, with the goal of promoting and celebrating the achievements of small-scale businesses throughout the nation.
The MSMEs award ceremony, an annual highlight, recognizes the contributions of indigenous MSMEs and the supportive role of both businesses and state governments in nurturing the growth of small enterprises.
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Significant awards, including sports utility vehicles, houses, and financial grants, will be presented to deserving small businesses.
The MSMEs application portal will be available from May 1 to May 30, offering easy access for applicants in multiple languages.
The event, marking the conclusion of the National MSME Week, will showcase the innovative spirit and contributions of MSMEs in Nigeria. Vice-President Kashim Shettima is slated to attend the FCT MSMEs clinic at the International Conference Centre in Abuja on June 25.
