MSME Forum Partners with NASRDA to Create Database for Business Growth
The Board of Directors (BOT) of Micro, Small and Medium Enterprise Member Organizations in Nigeria, MSME Forum, has signed a Memorandum of Understanding (MOU) with the National Development Agency of Space Research (NASRDA), for providing a digital solution to expedite operations.
The MoU, among others, aims to establish a database on MSMEs in Nigeria to fill the existing data gap, and will contain information such as the list and profile of BMO, MSMEs and other stakeholders for the benefit of users.
The database will also collect, analyze and convert the data into a usable form for planning purposes; capture data from operators in all sectors of the country's economy, regardless of location, and further contain this data for a population of MSMEs, which represents almost 40 million businesses capable of dealing with a possible increase.
Other opportunities offered by Geoapps will include the following; Create a market component that describes MSME products/services, supply/demand dynamics and create a better opportunity to sell, promote and advertise products and services.
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It would illustrate different lines of business in each sector and present their value chains/mode of operation, as well as promoting opportunities for industrial attachments allowing future companies to access new larger companies or large corporations for practical work and hands-on learning.
Geoapps will provide information on funding opportunities/types, conditionality and checklist needed for each MSME group/association to access funding, and establish a platform to enhance opportunities auxiliaries such as product and quantity.
Furthermore, it would showcase areas of support for the MSME sector by development organizations, the private sector and other industry stakeholders, in addition to developing a progress report system of BMOs that will transfer and reform MSMEs. approach to investment initiatives.
Chairman of the Board of Trustees, Dr. Albert Olajide Akinyemi, in a message on the occasion, thanked the leadership of the Research Agency for believing in the vision of the body for the growth and development of the MSME sector and integrate it with the MoU.
He said, "I'm not surprised that yours is the first MoU to be signed, being a strategic partner."
Dr. Akinyemi explained that in his experience as a former leader of the National Association of Small Industrialists (NASI), some companies do not have or keep records of their operations, which has deprived them of any form of support and makes their businesses unattractive to financial institutions. .
According to him, the signing of the MoU speaks volumes about the quality of the men and women at the helm of the research agency.
Dr. Akinyemi congratulated all members of the technical committee, who participated in drafting the document and worked to make the event a reality.
The Chairman of BOT, represented by the Chairman of the Forum, Alhaji Ibrahim Garba Gusau, hinted that other MoUs will soon be signed with the Federal Ministry of Industry, Trade and Investments, the Federal Ministry of Agriculture and Rural Development and the Federal Ministry of Finance, Budget and National Planning.
In response, the Director General of the National Space Research and Development Agency (NASRDA), Dr. Halilu Ahmad Shaba, expressed his delight at the event, saying he represents what science and business can achieve if there is cooperation.
He called on all other private and public agencies to work with the agency, adding that if science can't work for business, science is useless.
Also speaking at the event, Managing Director of GEOAPPS PLUS Limited, the Agency's commercial team that will execute the MoU, Dr Jeb David, assured that was willing to work with FORUM to provide digital solutions to members under the umbrella of the organization.
Present on the occasion were: Mr. Joseph Attah, Chairman of the Inaugural Technical Committee; Dr. Francis Alaneme, Chair, Program and Strategy Subcommittee; Engineer Maryvse Ogba, Chair, Logistics and Protocol Sub-Committee, and Mr. Segun Adeleke, Chair, Media and Publicity Sub-Committee.
The others were: Mr. Taiwo Shobajo, Chair, Monitoring and Evaluation Sub-Committee, and Ms. Biodun Bukky, Deputy Secretary.
Obasanjo transforms pilot "Keke NAPEP" and transports passengers to Abeokuta
The MSME Forum is a partner of NASRDA...
The Board of Directors (BOT) of Micro, Small and Medium Enterprise Member Organizations in Nigeria, MSME Forum, has signed a Memorandum of Understanding (MOU) with the National Development Agency of Space Research (NASRDA), for providing a digital solution to expedite operations.
The MoU, among others, aims to establish a database on MSMEs in Nigeria to fill the existing data gap, and will contain information such as the list and profile of BMO, MSMEs and other stakeholders for the benefit of users.
The database will also collect, analyze and convert the data into a usable form for planning purposes; capture data from operators in all sectors of the country's economy, regardless of location, and further contain this data for a population of MSMEs, which represents almost 40 million businesses capable of dealing with a possible increase.
Other opportunities offered by Geoapps will include the following; Create a market component that describes MSME products/services, supply/demand dynamics and create a better opportunity to sell, promote and advertise products and services.
ALSO READ IN THE NIGERIAN TRIBUNE
It would illustrate different lines of business in each sector and present their value chains/mode of operation, as well as promoting opportunities for industrial attachments allowing future companies to access new larger companies or large corporations for practical work and hands-on learning.
Geoapps will provide information on funding opportunities/types, conditionality and checklist needed for each MSME group/association to access funding, and establish a platform to enhance opportunities auxiliaries such as product and quantity.
Furthermore, it would showcase areas of support for the MSME sector by development organizations, the private sector and other industry stakeholders, in addition to developing a progress report system of BMOs that will transfer and reform MSMEs. approach to investment initiatives.
Chairman of the Board of Trustees, Dr. Albert Olajide Akinyemi, in a message on the occasion, thanked the leadership of the Research Agency for believing in the vision of the body for the growth and development of the MSME sector and integrate it with the MoU.
He said, "I'm not surprised that yours is the first MoU to be signed, being a strategic partner."
Dr. Akinyemi explained that in his experience as a former leader of the National Association of Small Industrialists (NASI), some companies do not have or keep records of their operations, which has deprived them of any form of support and makes their businesses unattractive to financial institutions. .
According to him, the signing of the MoU speaks volumes about the quality of the men and women at the helm of the research agency.
Dr. Akinyemi congratulated all members of the technical committee, who participated in drafting the document and worked to make the event a reality.
The Chairman of BOT, represented by the Chairman of the Forum, Alhaji Ibrahim Garba Gusau, hinted that other MoUs will soon be signed with the Federal Ministry of Industry, Trade and Investments, the Federal Ministry of Agriculture and Rural Development and the Federal Ministry of Finance, Budget and National Planning.
In response, the Director General of the National Space Research and Development Agency (NASRDA), Dr. Halilu Ahmad Shaba, expressed his delight at the event, saying he represents what science and business can achieve if there is cooperation.
He called on all other private and public agencies to work with the agency, adding that if science can't work for business, science is useless.
Also speaking at the event, Managing Director of GEOAPPS PLUS Limited, the Agency's commercial team that will execute the MoU, Dr Jeb David, assured that was willing to work with FORUM to provide digital solutions to members under the umbrella of the organization.
Present on the occasion were: Mr. Joseph Attah, Chairman of the Inaugural Technical Committee; Dr. Francis Alaneme, Chair, Program and Strategy Subcommittee; Engineer Maryvse Ogba, Chair, Logistics and Protocol Sub-Committee, and Mr. Segun Adeleke, Chair, Media and Publicity Sub-Committee.
The others were: Mr. Taiwo Shobajo, Chair, Monitoring and Evaluation Sub-Committee, and Ms. Biodun Bukky, Deputy Secretary.
Obasanjo transforms pilot "Keke NAPEP" and transports passengers to Abeokuta
The MSME Forum is a partner of NASRDA...
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