Abuja -The 20th edition of the International Conference on Small and Medium Scale Enterprises has started in Yenagoa, Bayelsa State.
It ends on Saturday.
Assistant to the Governor on SME development, Ebiekure Eradiri, confirmed the event.
He said SMEs was the engine room of economic development all around the world.
The governor's aide said the event was intended to create the needed awareness and sensitize the people of the state.
“The world is coming to Bayelsa State for the first time to look at the area of Small and Medium Scale Enterprises (SME) development and how our people can develop their businesses,” he said.
The official said it was the conviction of the government that the development of SMEs was crucial.
“For us in Bayelsa, we want to grow our economy aggressively to improve the Gross Domestic Product (GDP) of the state.”
Eradiri urged the people to take advantage of the opportunity as lots of gains would accrue to Yenagoa as the host city.
“This event will bring diverse areas of SME development to the state as well as short, medium and long term benefits”.
The State Permanent Secretary of Trade, Industry and Investment Collins Daniel, said the conference was aimed at ensuring SMEs were a source of accessing funds for such businesses to grow.
He listed some of the benefits to include opportunity for networking, capacity building, financial support as well as exposing Bayelsa State to the international community.
The Coordinator of World Association of SMEs, Dadiowei Akpoti, assured that by hosting the world, Bayelsans would have the opportunity to meet business mentors, attract investors and build factories that would boost the return of investments in the state.
- CAJ News
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