Gov. Abdullahi Sule of Nasarawa State has inaugurated the State Council on Implementation of the National Policy on Micro, Small and Medium Enterprises (MSMEs).
The committee, which has the governor as the Chairman, was inaugurated in Lafia on Friday.
Sule said at the inauguration that the Council would oversee the domestication of the policy in Nasarawa State.
The policy, which was earlier formulated by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is designed to serve as a vehicle to spur sustainable economic development of the country.
The governor said that as the first ever national policy on MSMEs, the policy would facilitate and sustain a vibrant MSMEs sub-sector, which would drive economic growth and job creation in the country.
He said that SMEDAN, being a one-stop shop for MSMEs development, was expected to initiate and articulate policy ideas for the growth and development of small and medium enterprises.
“It will also serve as a vanguard for rural industrialisation, poverty reduction, job creation and enhanced livelihood,” he added.
Members of the 21-member committee include Obadiah Boyi, Commissioner of Trade, Industry and Investment, as Vice Chairman, and Bashir Shola, State Director, SMEDAN, as Secretary.
At the national level, the Committee on MSMEs is chaired by Vice-President Yemi Osinbajo, while at the state level, the committee will be presided over by the state governors.