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MSMEs Forum: Collaborative Engagement Holds Among MSMEs, BMOs, As First Quarterly Stakeholders Hold In Abuja

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In a significant stride towards bolstering the Micro, Small, and Medium Enterprises (MSMEs) sector, the Business Membership Organizations (BMOs) of Nigeria convened for their inaugural quarterly stakeholders’ engagement in Abuja today, April 25th, 2024.

Gathered at the esteemed venue of The Auditorium, Raw Materials Research and Development Council (RMRDC) in Maitama, Abuja, the event witnessed a remarkable turnout of participants, stakeholders, and BMO representatives from all 36 states of Nigeria, including the FCT Abuja chapter.

The proceedings commenced with the traditional rendition of the national anthem, setting the tone for a collaborative and impactful discourse. Dr. Francis Alaneme, the Director General of MSMEs BMOs of Nigeria, extended a warm welcome, followed by an opening remark by Acting Director General of RMRDC, Engr. Kwaya.

Keynote speeches highlighted the agenda, with Barr. Ibrahim Atukpa addressing the imperative of strengthening the relationship between MSMEs and BMOs for optimal performance. This was complemented by a presentation from Mrs. Rose D.S Gyar, Chairman of the Governing Council, shedding light on the structural framework and key activities of the MSMEs Forum.

Distinguished representatives from prominent institutions such as the World Bank, FCMB, and Fidelity Bank pledged their support towards the empowerment of MSMEs, offering financial assistance, job opportunities, and scholarships. Discussions also revolved around the ongoing Fidelity MSMEs loan scheme, emphasizing the necessity of business registration for eligibility.

A moment of honor was accorded to Amb. Opeyemi Ayanrinde Mc Swagger, the Oyo State Forum Coordinator, for his exemplary service. Further goodwill messages echoed the commitment of stakeholders from various sectors, including technology, entrepreneurship, and industrialism.

The event underscored the importance of membership registration, emphasizing its role in unlocking opportunities and benefits for MSMEs across Nigeria. Memorandums of Understanding (MOUs) signed with esteemed partners such as the World Bank Group, FCMB, and Fidelity Bank reaffirmed the collaborative effort to empower and strengthen the MSMEs sector.

With a renewed sense of purpose and collaboration, the MSMEs Forum, in partnership with government and financial institutions, is poised to spearhead transformative initiatives aimed at bolstering the business landscape. Dr. Linus Obinna conveyed gratitude in his vote of thanks, culminating in a memorable group photograph and a convivial session of refreshments, marking the end of a successful engagement.