Would you like to receive notifications on latest updates of the following headlines?

Tinubu Launches Committee for African Union MSME Forum in June

POSTED ON April 30, 2025 •   Business      BY Abiodun Saheed Omodara
African Union logo

ABUJA, Nigeria - President Bola Tinubu has given the green light for the formation of an oversight committee tasked with organizing Nigeria's hosting of the 4th African Union Micro, Small and Medium Enterprises Forum, which is set to take place in Abuja from June 23 to June 27. 

This Forum, a key initiative of the African Union Commission, was launched in 2022 to enhance the MSME ecosystem throughout the continent and boost regional trade and integration within value chains.

The theme for the 2025 edition of the Forum will be “Building Resilient MSMEs through Digital Innovation, Market Access & Affordable Financing for Africa.”

A statement released on Wednesday by Temitola Adekunle-Johnson, Special Adviser to the President on Job Creation & Micro, Small, and Medium Enterprises, indicated that Nigeria is poised to take a prominent role in continental economic dialogues and pave the way for progress in MSMEs across Africa.

The establishment of the oversight committee highlights Nigeria's dedication to fostering entrepreneurship and supporting small enterprises as vital components for inclusive economic growth and sustainable development.

The special adviser noted that the committee is responsible for ensuring thorough planning and seamless execution of the Forum, which is anticipated to include paper presentations, high-level panel discussions, exhibitions, networking opportunities, sponsored side events, MSME pitching competitions, and awards for outstanding Nigerian entrepreneurs.

Senator Ibrahim Hadejia, who is the Deputy Chief of Staff to the President (Office of the Vice President), will lead the committee. Its members represent significant sectors of the economy, including prominent officials and industry leaders.

The committee includes Minister of Industry, Trade and Investment, Jumoke Oduwole; Minister of Communications, Innovation and Digital Economy, Bosun Tijani; Minister of Art, Culture, Tourism & the Creative Economy, Hannatu Musawa; and the Minister of State for Industry, Trade and Investment, John Enoh.

Additional committee members are the Executive Director of the Nigerian Export Promotion Council, Nonye Ayeni; Executive Secretary of the Nigerian Investment Promotion Commission, Aisha Rimi; Managing Director of the Bank of Industry, Olasupo Olusi; Chairman of the Federal Inland Revenue Service, Zacch Adedeji; MD/CEO of NEXIM Bank, Abba Bello; Director-General of the Small and Medium Enterprises Development Agency of Nigeria, Charles Odii; President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Dele Kelvin Oye, Esq; and Deputy Director of the African Union Division in the Ministry of Foreign Affairs, Anthony N. Alonwu.

The Special Adviser on Job Creation and MSMEs has been appointed as the Host Country Coordinator and will act as the secretary for the committee.

As Nigeria prepares to host the AU MSME Forum, it follows in the footsteps of Egypt, Ethiopia, and Namibia, which successfully hosted the first three editions of this initiative.

The 2025 Forum is anticipated to draw entrepreneurs, policymakers, investors, and development partners from all over the continent and beyond, solidifying Nigeria's position as a regional leader in enterprise development and innovation.

This event coincides with the Tinubu administration's ongoing focus on economic diversification, digital transformation, and enhancing access to financing, particularly for small businesses, as essential elements of its Renewed Hope Agenda.

READ ALSO
FG to Reclaim Dormant Oil Wells as NUPRC Implements 'Drill or Drop' Policy
BY Abiodun Saheed Omodara June 13, 2025 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has informed oil producers of its inte...

READ ALSO
Nigeria's $5bn Crude-for-Loan Deal with Aramco Faces Major Setbacks amid Falling Oil Prices
BY Abiodun Saheed Omodara June 11, 2025 0

A $5 billion crude-for-loan agreement between the Federal Government and Saudi Arabian oil giant Ara...

READ ALSO
Tinubu Reopens Renovated Conference Centre, Mandates Payment for Usage
BY Abiodun Saheed Omodara June 11, 2025 0

ABUJA,Nigeria - The Minister of the Federal Capital Territory, Nyesom Wike, has declared that the Ab...

READ ALSO
Tinubu Celebrates Dangote Refinery as a Catalyst for Nigeria's Economic Revival
BY Abiodun Saheed Omodara June 10, 2025 0

LAGOS, Nigeria - President Bola Ahmed Tinubu has hailed the Dangote Petroleum Refinery and Petrochem...

READ ALSO
FG to Lose $4 Million from World Bank Loan Over Audit Failures
BY Abiodun Saheed Omodara June 10, 2025 0

The Federal Government is anticipated to forfeit $4 million from a World Bank loan due to its failur...

READ ALSO
Tinubu Commits to Collaborative Efforts with AfDB's New Leadership, Congratulate Sidi Tah
BY Abiodun Saheed Omodara May 30, 2025 0

President Bola Tinubu has praised the election of Sidi Tah as the ninth president of the African Dev...

READ ALSO
South Africa Surpasses Nigeria in Fuel Imports Amid Dangote Refinery Operations
BY Abiodun Saheed Omodara May 29, 2025 0

Nigeria has lost its long-standing title as Africa’s largest importer of refined petroleum pro...

READ ALSO
Economists Warn of Debt Sustainability Risks as Nigeria Eyes $24.14 Billion in Foreign Loans
BY Abiodun Saheed Omodara May 28, 2025 0

Nigeria's public debt is poised for another substantial increase as President Bola Tinubu has sought...

OUR CHANNELS:

Osun Raises Alarm Over Alleged Fund Diversion by CBN and AGF
BY Abiodun Saheed Omodara June 19, 2025 0

OSUN, Nigeria - The Osun State Government has expressed concern about a purported attempt by the Cen...


Nigeria Police Link Schoolgirl Cannabis Clip to Zimbabwe
BY Abiodun Saheed Omodara June 19, 2025 0

The Nigeria Police Force has addressed a widely circulated video on WhatsApp and social media, which...


Tinubu to Launch Multiple Development Projects Today in Kaduna
BY Abiodun Saheed Omodara June 19, 2025 0

KADUNA, Nigeria - President Bola Tinubu is anticipated to arrive in Kaduna State today for the inaug...


Tinubu Assembles High-Level Committee After Benue Tragedy
BY Abiodun Saheed Omodara June 19, 2025 0

President Bola Tinubu announced the formation of a committee on Wednesday aimed at restoring sustain...


Finidi George Leads Rivers United into 2025/26 Season Training Camp
BY Abiodun Saheed Omodara June 19, 2025 0

Rivers United's coach, Finidi George, has motivated his players as the Port Harcourt-based team kick...


Moses Simon Completes Move to Paris FC for €7 Million
BY Abiodun Saheed Omodara June 19, 2025 0

As reported by French news source Foot Mercato, Paris FC, a newly-promoted team in French Ligue 1, h...


Osimhen's Impressive Loan Spell Fuels Transfer Speculation
BY Abiodun Saheed Omodara June 19, 2025 0

Nigerian international Victor Osimhen remains at the center of significant transfer rumors, with Ita...


NDLEA Calls for Collective Action Against Drug Abuse in Nigeria
BY Abiodun Saheed Omodara June 19, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has urged Nigerians and state governments to take r...


Tor Tiv Urges President Tinubu to Foster Lasting Peace in Benue State
BY Abiodun Saheed Omodara June 19, 2025 0

The Tor Tiv, Prof. James Ayatse, expressed that President Bola Tinubu has the ability to bring lasti...


Desperate Investments: Why Nigerians Turn to Ponzi Schemes for Survival
BY Abiodun Saheed Omodara June 19, 2025 0

At a modest internet café tucked away in Egbeda, a bustling Lagos suburb, 29-year-old Chidi O...


More Articles

Load more...

Menu