Vice President Yemi Osinbajo will on Tuesday inaugurate the Lagos Micro, Small and Medium Enterprises (MSMEs) Clinic.
Olayinka Oladunjoye, Lagos State commissioner for commerce, industry and cooperatives, who disclosed this weekend, said the two-day event, billed to hold at Teslim Balogun Stadium, Surulere, between August 6 and 7, was an initiative of the Office of the Vice President in partnership with the Federal Ministry of Industry, Trade and Investment as well as 11 other federal agencies.
According to Oladunjoye, the event will further complement the efforts of the Lagos State government towards the development of MSMEs in the state, assuring that the administration of Governor Ambode will continue to implement policies that will favour the growth of the sector.
“As it is evident to all, the present administration in Lagos State is leaving no stone unturned to ensure even development of all sectors and the MSMEs Clinic will never be an exemption,’’ Oladunjoye stated.
She expressed confidence that the programme would go a long way in raising a new set of entrepreneurs while the existing ones would be guided on the best steps to take to add value to their efforts.
The commissioner added that the state government was also providing windows of opportunity for owners of micro, small and medium enterprises to enhance their capacity building to access appropriate financial facility.
She pointed to the establishment of the N25 billion Lagos Employment Trust Fund (LSETF) as one of the initiatives through which the state was empowering entrepreneurs with capital to revive moribund ventures, boost trade and as well help to start new businesses.
“You will recall that Vice President Yemi Osinbajo once commended the state government for establishing the LSETF through which loans are granted to small scale businesses and people with business ideas,” she stated.
Expressing delight in hosting the event, she said it was coming at a period when the state was also creating conducive environment for small-scale businesses.
