The Federal Government has pledged to increase its support for Micro Small and Medium-scale Enterprises (MSMEs) in the country to fight unemployment and aid economic growth.
This is as an additional 1.3 million jobs is expected to be created across the country with the Bank of Industry committing N1.3 billion to support the MSME sector.
This pledge was made by the Minister for Industry, Trade and Investment, Niyi Adebayo, during a Capacity Building Training for MSMEs on Monday, March 22, 2021, in Abuja.
At the training which was organised by Quantum Mechanics Limited in collaboration with the ministry, Adebayo said the fund would support the growth of MSMEs and artisans, pointing out that his ministry would continue to do everything possible to see to the growth of MSMEs in the country.