In September 2023, the President launched the National Talent Export Programme (NATEP) to bolster Nigeria’s foreign exchange earnings and create one million in-demand jobs nationwide over the next five years. The initiative seeks to orient Nigeria as an export hub for talent outsourcing in Africa, following the example of India, Bangladesh, Mexico, and The Philippines.
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Economic experts say access to capital and expansion of funds remain a challenge to small businesses in the country. To overcome this, efforts at facilitating financial access for MSMEs nationwide is being intensified by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), this is as the agency has secured one billion naira funding
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