President Bola Tinubu is deeply committed to empowering Micro, Small, and Medium-Sized Enterprises (MSMEs) for the growth of the country’s economy, according to Vice President Kashim Shettima.
After touring exhibitor booths at the BRICS Trade Fair, Shettima spoke in Johannesburg, South Africa, and said: “It is a known fact that the empowerment of the MSMEs is key to empowering our youth and women toward contributing to the nation’s economic development.”
Adding to his remarks about President Tinubu’s commitment to empowering MSMEs, he said: “The president is a very compassionate leader, and in the coming months, there will be changes in the fortunes of Nigeria.”
The vice president stated, “This will have positive impacts that will enable them to support their families and add value to the nation.” when describing the economic impact of the growth of MSMEs on the economy.
Shettima praised the trade fair’s organizers and emphasized that the event will ultimately serve to stimulate trade and investment on the continent. The event featured 180 exhibitors from a variety of economic sectors.
“I am very happy that many of our countrymen are prospering and are willing to work with their own country for the greater glory of the African continent,” the speaker said.
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The vice president praised Rose Bank, a Nigerian investment company in South Africa, for funding a $40 billion cassava project and declared: “The cassava value chain is a game changer with its huge economic benefits. We anticipate that it will spread to other regions of the nation.
The trade show is being held concurrently with the ongoing 15th BRICS Summit and is being organized by BRIC South Africa and The SA BRICS Business Council (SABBC) in partnership with the Department of Trade, Industry, and Competition.
It is anticipated that the exhibition will provide a venue for showcasing goods and services from the BRICS nations as well as business-to-business dialogue aimed at boosting intra-BRICS trade and investments.
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