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Due to MSMEs being one of the major drivers of growth in developing economies, NCDF devotes some of its resources to the provision of government subsidized loans, grant and specialized business equipment to micro, small and medium scaled enterprises in Nigeria. Under this scheme, a Special Purpose Vehicle called “Scoenterprise” was launched ...
The MoU is for cooperation in enterprises development between the two countries and inviting Indonesian investors to Nigeria. [ 4 ] In October 2022, the agency had organized a packaging and branding programme for small and medium enterprises (SMEs) products with the main objective of exposing them to possibilities within the Africa Continental ...
As part of efforts to expand financing opportunities, BOI began partnerships with several state governments under a matching fund scheme. The MSME matching fund is a 50:50 counterpart funding scheme with State Governments to administer the fund for establishing micro, small or medium scale businesses in participating states.
The Federal Ministry of Industry, Trade and Investment (FMITI) is a branch of the federal government of Nigeria responsible for creating wealth and employment, reducing poverty, and stimulating and diversifying the economy. [1]
The programme was launched in Nigeria in 2011. YouWin! is an acronym which stands for Youth Enterprise With Innovation in Nigeria. The programme is a joint product of four government ministries: the Federal Ministry of Finance, Ministry of Communication and Technology, Ministry of Education and Youth Development, and the Ministry of Women Affairs. [3]
The Nigeria Vision 20: 2020 is a perspective plan; an economic business plan intended to make Nigeria one of the top 20 economies by 2020, with a growth target of not less than $900 billion in GDP and a per capita of not less than $4,000 per annum. The three Pillars of the NV 20:2020 are i) guaranteeing the well-being and productivity of the ...
The democratic government of Shehu Shagari (1979 - 1983) built on the earlier initiatives and began planning for a training institute to be located at Ilorin in 1983. [14] In 1986, a decree establishing the National Institute of Labour Studies was enacted, the new legislation placed made it a statutory center within the Federal Ministry of ...
The ministry is responsible for a number of parastatals, or government-owned agencies which include: [4] National Board For Technology Incubation (NBTI) Energy Commission of Nigeria (ECN) The Nigerian Institute of Science Laboratory Technology (NISLT) - www.nislt.gov.ng; Nigerian Institute For Trypanosomiasis And Onchocerciasis (NITR)