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Economic Diversification: NDC urges state govts to support growth of SMEs

The National Defence College (NDC), Abuja, has called on the state governments to encourage the growth of Small and Medium Enterprises (SMEs) in their states.

Brig.-Gen. Elias Attu, the Deputy Commandant of the college, gave the advice when he led Course 28 participants on a visit to Gov. Bala Mohammed of Bauchi State in Bauchi on Monday.

He urged the state governments to support the growth and development of small and medium enterprises in their states to improve economic diversity.

“Encouraging the SMEs in the state will help the government to diversify the economy of the state.

“Supporting SMEs will also expose business owners to profit and skills management and set the state on the right track.

“Helping SMEs owners bridge business gap will connect them to viable partners who will further their business goals and expand their operations and reach beyond Nigeria shores,” he said.

Attu said they were in the state for a study tour on SMEs to boost the learning process of the participants in the college.

He stressed that state’s support to the growth and thrive of SMEs would reduce unemployment and insecurity as well as provide employment, self reliance and economic growth of the state.

Responding, Mohammed, who was represented by his deputy, Mr Baba Tela, said the state government had focused on industrialisation.

Mohammed assured of partnership with Bauchi State Chamber of Commerce and Industry (BACCIMA) to revitalise the moribund industries in the state.

He said the state also encourages self reliance and job creation among the small scale enterprise and the business community.

The governor commended the Nigeria Military for encouraging their personnel to engage in SMEs.

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