The Federal Government of Nigeria has disclosed that the administration of President Bola Ahmed Tinubu has already taken bold steps to construct digital highways and bridges that would carry Micro, Small and Medium Enterprises (MSMEs) across borders into the heart of the African market.
Vice President, Senator Kashim Shettima made this known in Abuja on Monday when he inaugurated the oversight committee recently approved by President Tinubu to organise Nigeria’s hosting of the 4th African Union (AU) Micro, Small and Medium Enterprises (MSME) Forum, scheduled to hold between June 23 and 27 in Abuja.
He noted that while over 83 per cent of employment in Africa lies in the informal economy, the continent is not short on ideas and digital innovation that offer an unprecedented window to compete with the rest of the world.
Listing some of the administration’s policies and programmes in this direction, the Vice President recalled that Nigeria chaired and spearheaded the AfCFTA Negotiating Forum, and has aligned its investment, digital trade, and competition policies with the agreement.
He noted that it is for this reason that Nigeria also established a Technology Export and Digital Trade Desk to support the nation’s entrepreneurs in exporting services and digital goods across Africa.
This, VP Shettima said, the i-DICE Programme, a 617.7 million dollar investment in digital and creative enterprises, and the 3 Million Tech Talent Programme, is set out to achieve by training Nigerian youths in coding, data science, and digital fluency to power the nation’s transformation.
The VP conveyed the assurance of President Bola Tinubu that Nigeria is ready to lead in shaping Africa’s digital trade future, even as the nation is harmonising its laws to make cross-border commerce seamless, secure, and scalable.
“We have reformed. We have invested. And we are resolved to see this transformation through. But none of us can achieve this in isolation. That is why this forum is not just important. It is indispensable. It provides the blueprint, the platform, and the partnerships that will empower African MSMEs to become the heartbeat of our economic renewal,” he said.
Earlier, the Deputy Chief of Staff to the President (Office of the Vice President), Sen. Ibrahim Hadejia, who is chairman of the organising committee, said the forum will provide a veritable platform for exchanging knowledge and ideas on MSME development and facilitate collaboration across the continent.
He said the theme of the summit, which is on “building resilient MSMEs through digital innovation, market access and affordable financing for Africa”, aligns with the efforts of the Tinubu administration in supporting development and growth in the sector.
In separate remarks, the Managing Director of the Bank of Industry, Dr Olasupo Olusi; the Executive Chairman of Federal Inland Revenue Service, Mr Zacch Adedeji and the Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Charles Odii, who are members of the committee, pledged their commitment and support for the hosting of the meeting, noting that the benefits would positively impact local MSMEs and the overall national economy.
Other members of the committee include Ministers of Industry, Trade and Investment, Dr Jumoke Oduwole; Communication, Innovation and Digital Economy, Dr Bosun Tijani; Art, Culture, Tourism and Creative Economy, Barrister Hannatu Musawa; Executive Director of NEPC, Mrs Nonye Ayeni; Executive Secretary, NIPC, Mrs Aisha Rimi; CEO, NEXIM Bank, Mr Abba Bello, and President of NACCIMA, Mr Dele Oye.
