SMEs advocate participation in FG’s policymaking processes

Written by on September 27, 2022

The Association of Small Business Owners of Nigeria (ASBON) has emphasised the need for full participation and representation in the Federal Government’s decision and policymaking processes.

Its National President, Dr Femi Egbesola, made the assertion on Tuesday during the launch of the association’s movement tagged: “Movement from Growth and Sustainability of Small Business in Nigeria”.

According to him, Nigeria’s economy can only thrive and grow if government practices continuous Public Private Partnership/Dialogue (PPP/PPD) with major stakeholders in the Small and Medium Scale Enterprises (SMEs) industry.

Speaking on the Federal Government/Central Bank of Nigeria (CBN) stimulus package for SMEs, Egbesola noted that the impact would be greater if the right individuals were involved.

He, however, stressed the need for government and the private sector to play a joint role in enabling a secure business operating environment.

Egbesola recommended that the federal government should enact and implement laws, regulations and policies that would link institutional development to entrepreneurial growth and survival.

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