OSINBAJO SEEKS MONITORING OF SMES TO INCREASE ACCESS TO FUNDS
Vice President Yemi Osinbajo has called for an effective monitoring and evaluation mechanism for Micro, Small and Medium Enterprises to enable them access funds to address the existing gaps in the growth of the Nigerian economy.
The Vice President spoke in Abuja on Tuesday, at the 2015 National Medium Enterprises Summit with the theme “Entrepreneurship for National Development: the Place of Micro, Small, Medium Enterprises in the Economy Under the Change Agenda”.
Professor Osinbajo said there were lots of opportunities for the Micro, Small and Medium Enterprises and those who needed funds but lacked the connection to access funds.
The Vice President said that effective coordination among agencies was needed to remove the overlaps and streamline all the different interventions in other to avoid wastes.
According to him, efforts shall be made to ensure ease of doing business, as the current situation makes Nigeria one of the worst places of doing business.
He said the Muhammadu Buhari-led administration was determined to give every Nigerian the fair chance to do business by making it easy to get business permits following due process.