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NCDMB boss identifies MSMEs as backbone of Nigeria economy despite challenges


NCDMB boss identifies MSMEs as backbone of Nigeria economy despite challenges
NCDMB boss identifies MSMEs as backbone of Nigeria economy despite challenges
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The Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), Mr Simbi Wabote, has stated that in spite of the daunting challenges against the development and growth of the Micro, Small and Medium Enterprises MSMEs in Nigeria, that segment of the economy remains the backbone of the nation’s economy.
Speaking at the weekend at Niger Delta MSME Summit held in Port Harcourt, Wobote identified three major challenges of MSMEs as inadequate electricity, lack of access to funds and the informality of the  sector of the economy. ....

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Niger Delta:NCDMS Boss task young Nigerians to embrace entrepreneurship for economic survival


Wabote
Mr Simbi Wabote, the Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), on Friday tasked young Nigerians to engage in constructive engagement that would enable them to plan strategically for economic survival in the country.
Wabote made the remarks during a one day summit for 2021 Niger Delta Micro Small and Medium Enterprises with the theme ‘Stimulating MSME’s Growth Beyond Oil’ in Port Harcourt.
He urged young Nigerians to prepare themselves to be competitive in the emerging world economic order beyond oil-and-gas.
Wabote stated that the theme of the summit was very apt and timely, in view of the fact that energy transmission has become an immediate reality, and must ensure that the Niger Delta region is not left behind from the shift away from the fossil fuel and renewable energy. ....

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