Saturday, 6 December 2014

SMEs Will Boost Benue Economy, End Overdependence On Federal Allocations – Suswan

Gov. Gabriel Suswam said in Makurdi on Thursday that Small and Medium Enterprises (SMEs) would boost the economic fortunes of the state and end its dependence on federal allocations.

Suswam, who said this at a One-Day dialogue on Public/Private Business Registration in Benue, held in Makurdi, charged the people to embrace SMEs for the growth and development of the state.

“Our dependence on oil is worrisome; we need to plan and build for the future.

“But to achieve all these, we must, as a matter of fact, change our attitudes in the way we run businesses in this country”.

He said that his administration had already supported the SMEs in the state with N500million, in which the people were still accessing the loans.

The governor pledged to continue providing an enabling environment for all businesses in the state to strive.

Represented by the Secretary to the State Government (SSG), Mr David Salifu, he explained that the government had already provided adequate security and other assistance needed for any business to strive in the state.

He appealed to both the Federal and State Governments to support SMEs in the country with adequate funding, for the purpose of building a strong and vibrant economy.

Suswam also appealed to the people of the state to register their businesses, for easy identification and assistance.

In his keynote address, the President, Benue Chamber of Commerce, Industry, Mines and Agriculture (BECCIMA), Mr Kuma Iyenge, said that without registered entrepreneurs, the economy of the state would be in shambles.

Iyenge said that the registration of businesses would help the business owners in accessing funds and enhance their patronage, identification and development.

He advised politicians to embrace business development, instead of depending on political appointments.

Also speaking, the Head, Cooperate Affairs Commission (CAC) in the state, Mr Reuben Akah, appealed to the state government to stop awarding contracts to unregistered companies.

Akah said that the local governments and some ministries were in the habit of awarding contracts to companies that were not registered with the commission. (NAN)

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