Oyetola inaugurates Council on MSMEs development in Osun : v

Oyetola inaugurates Council on MSMEs development in Osun


By Olajide Idowu
Osogbo, Jan. 20, 2021 Gov. Gboyega Oyetola of Osun, on Wednesday, inaugurated a 17-member Council on Micro, Small and Medium Enterprises (MSMEs) to coordinate and drive the development of the state’s economy.
The governor, who was represented by the Secretary to the State Government, Mr Wole Oyebamiji, tasked the inaugurated members on the critical assignment given to them.
“If you execute the assignment well, it will impact significantly on MSMEs in the state and position small businesses for increased productivity and better contributions to the economy.
“MSMEs constitute important components of our national economy.
“According to the National Bureau of Statistics, MSMEs have contributed about 48 per cent of the National Gross Domestic Products in the last five years, accounting for 96 percent of businesses and 48 percent of employment.

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