This is, however, hinged on the constant poor budget provision.
The steady challenge has forced many Micro, Small, and Medium Enterprises (SMEs) to lose confidence in the agency, which has inadvertently affected SMEDAN’s responsibilities to its patrons.
A Senior Administrative Officer in SMEDAN, Adava Oyiza Ometere, at an ongoing annual three-day Press Week organized by the Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ) Kwara State Council, however, added that until the rebirth of microfinance institutions, the threatening situation may remain unabated.
According to the entrepreneurship expert, who addressed journalists yesterday at the Pinnacle Hotel, Offa, the agency, under the present paucity of funds, couldn’t really reach out to its targets at the grassroots.
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She lamented: “There are a lot of programs we run, but it’s just that we can’t reach out to the grassroots.”
Adava also added that the populace/patrons are often confronted by a lack of accessibility to information about the federal government’s policy, especially in areas of their interests.
Still, on the challenges facing SMEDAN, Adava urged the federal government to strengthen capacity building to be able to monitor the growth of SMEs.
On the present economic hardship, she enjoined all business operators to tally along and refrain from pulling down the curtain on their trades and businesses, urging: “Don’t be discouraged, it shall soon be over.”
