News

NCC, SMEDAN Collaborate on Digital Scheme for SMEs

To give expression to its faith in the value of strategic partnership and commitment to collaboration, the Nigerian Communications Commission (NCC) has partnered the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a SME Digital Academy.

The SME Digital Academy is a public-private partnership initiative being driven by the NCC, SMEDAN, and Sapphital Learning Limited, a leading digital learning platform, essentially to provide micro, small and medium enterprises (MSME) owners with digital skills to enhance their entrepreneurial skills. The partnership also aims to equip entrepreneurs and start-ups with the necessary digital skills required to navigate the increasingly digitised world.

Speaking at the launch, which took place at the NEXIM House in Abuja recently, the Executive Vice Chairman of NCC, Prof. Umar Garba Danbatta, said the setting up of the scheme was based on the realization that in today’s global economy, a borderless educational and economic system will be the next stage of the digital economy.

Represented at the launch by the NCC’s Director, Digital Economy, Dr. Austin Nwaulune, the EVC noted that, while the collaboration between the NCC and SMEDAN was a step towards economic diversification, digital technologies were key in the implementation of this initiative .

He said the NCC had continued to work towards providing information and communications technology (ICT) support to various sectors in the country. He noted that with over 41 million Micro, Small and Medium Enterprises (MSMEs) in Nigeria, proper empowerment of entrepreneurs would create an extremely powerful impact on the nation’s economic growth. 

Danbatta said SMEs’ empowerment would also help in providing employment, lessening societal vices, developing the economy, increasing foreign exchange as well as improving the general well-being of Nigerians.

“Knowledge is pivotal to the growth of entrepreneurship, as it provides the businessman or woman, the know-how on raising capital, strategic partnership, and proper organisational, administrative, sales and marketing skills required to run an effective business. Knowledge is, therefore, the food of every economy, especially, the digital economy, as it fuels its growth and stimulated the digital ecosystem,” he said.

Danbatta recalled that when SMEDAN set up the Digital Academy, in November 2020, as an avenue to support SME development during the Covid- 19 lockdown, the NCC was excited and immediately keyed into the strategic partnership because of the potential impact of the initiative on the Nigerian economy.

He acknowledged the role of SMEDAN as a bridge between the instructors and students, experts and start-ups, funding parties and businesses to the millions of MSMEs. “So, the timing is precise for the collaboration as the country is in dire need of diversification.

Through the Digital Academy, the MSMEs, start-ups, freelancers, would be provided with a platform to access courses “on-the-go” from devices and locations of their convenience,” he said.

The EVC restated the unflinching commitment of the Commission to providing the required leverage needed for ICT development in Nigeria, just as it will support the Digital Academy to provide a digital platform for entrepreneurs and start-ups across the 36 states of the federation and the Federal Capital Territory (FCT), Abuja.

Also speaking at the event, the Director-General of SMEDAN, Dr. Dikko Radda, who was represented by the Director, Enterprise Development and Promotion at the agency, Moses Ewan, expressed delight at the partnership with the NCC, and declared that over 41.5 million MSME were domiciled in Nigeria.

Citing a recent survey, Radda noted that the entrepreneurs had contributed 49.78 per cent to the nominal Gross Domestic Product (GDP), leading to the employment of about 59.6 million Nigerians which translates to 76.5 per cent of the labour force.

“These small-scale enterprises need to be encouraged and nurtured to enable them to create jobs, contribute to the alleviation of poverty, and want. SMEDAN, which is an agency in the Federal Ministry of Trade and Industry and established over 15 years ago, operates on five platforms, namely, dissemination of information, delivery of business development services, networking and cluster formation, policy and public advocacy, and lastly, provision of access to critical resources,” Radda said.

The Group Chief Executive Officer, Sapphital Learning Limited, Amu Ogbeide, in his opening remarks, said his company was excited to be working with SMEDAN on the ongoing efforts to empower entrepreneurs and start-ups in the country. He also said that, through working with SMEDAN, Sapphital has been instrumental to the digitisation of SMEDAN’s entrepreneurial digital literacy journey.

Ogbeide also stated that at the beginning of the digital literacy program, Sapphital started with only three courses which have increased to over 60 courses in its curriculum.

“We believe that the Nigerian diversification journey is a work in progress and the country is on the exalted path towards full digitisation. The combination of the digital economy with SMEs will lead to exponential economic growth of the country,” he said, and concluded that the American company, Uber, was a success story of the power of the ICT and the economy.

Leave a Comment

Your email address will not be published.

You may also like

Business Culture Economy

Cellulant Corporation Taps Technology to Block Wastages in Agric Value Chain in Africa

post-image

Cellulant Corporation (Cellulant.com) – the pan-African technology company – has empowered Africa’s agriculture sector with the hosting of its inaugural partners’ summit in Lagos, Nigeria and the assurance to leverage on technology to help block inefficiency and wastages in Africa’s Agric value chain courtesy of its improved payment and marketplace solutions, Tingg and Agrikore.

 

 

Tingg, is a payment solution accessible to everyone, while Agrikore, is an innovative platform built on blockchain technology and connects are simplified and connected platforms for all players in the agriculture sector in over 120 African countries.

 

The summit themed, ‘Technology for Transformation: Connecting Everyone to Nigeria’s $50bn Agribusiness Opportunity & Creating Jobs for Africa’s Youth was attended by development partners including the African Development Bank, Shared Agent Network Expansion Facility (SANEF), Flutterwave and Deposit Money Banks and many food processing companies.

 

In a presentation entitled ‘Payments Laying Down the Foundation for Connecting Africa’,…

Read More
Agriculture Business

The ethics of branding: a critical tool for security, traceability, and animal welfare

post-image

By Greg Talbot, CEO, Tal-Tec

Branding livestock has been an essential practice in South Africa and the world for over 6,000 years. Serving as a means of identifying and tracking livestock. In South Africa, where livestock theft is a persistent challenge, branding remains a key tool in protecting farmers from significant financial losses. With the rise in stock theft, the debate around animal identification methods continues, balancing security, traceability, and animal welfare concerns.

The importance of branding in livestock security

Livestock theft in South Africa is a growing concern, costing farmers an estimated R1.4 billion each year. This criminal activity threatens the livelihoods of farmers, particularly in provinces like the Eastern Cape, KwaZulu-Natal, and the North West. In response, the South African government implemented the Animal Identification Act in 2002, requiring livestock owners to register identification marks for their animals. This…

Read More
Business Education

NNPC Boss, Mele Kyari, Honored with NMGS Distinguished Ambassador Award

post-image

The Group Chief Executive Officer of NNPC Ltd., Mr. Mele Kyari, has been conferred with the prestigious Distinguished Ambassador Award by the Nigerian Mining & Geosciences Society (NMGS) in recognition of his outstanding contributions to the advancement of Nigeria’s energy and extractive industries.

The award was presented to Kyari, a Fellow of the NMGS, during the Dinner and Awards Night held at the end of the Society’s 60th Annual Conference and Exhibition in Abuja on Wednesday. The event brought together key stakeholders, policymakers, and industry leaders to celebrate excellence and innovation in the mining, energy, water, and construction sectors.

NMGS Conference Highlights Transformation & Innovation

The two-day conference, themed “Transformation of the Mineral, Energy, Water, and…

Read More
Business Culture

Chibueze Iwuoha: Balancing Passion and Profession in 2024

post-image

In a remarkable tale of passion and perseverance, Chibueze Iwuoha, a Marketing Analytics Manager at Guinness Nigeria, successfully carved out a space for himself in the music scene while excelling in his corporate career. His journey from a private music enthusiast to a recognized DJ in Lagos’ entertainment scene is a testament to the power of determination and self-belief.

For years, music had been a central part of Iwuoha’s life, but DJing remained a personal passion he never fully explored. That changed at the beginning of 2024 when his colleagues at Guinness Nigeria encouraged him to take his talent more seriously. Their unwavering support ignited a long-dormant fire, inspiring him to embrace his love for music while continuing to drive impact in the corporate world.

“By day, I was providing insights, solving problems, and driving impact in the workplace. By night and on weekends, I was behind the…

Read More
Business Culture Economy Energy

Nigerian Women in Oil and Gas Leadership Development Programme Records Resounding Success

post-image

The second edition of the Nigerian Women in Oil and Gas Leadership Development Programme has been hailed as a major success, reinforcing the growing demand for leadership training among female professionals in the sector. The programme, sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by Lagos Business School (LBS), witnessed an overwhelming response, with over 300 applications submitted within just 72 hours, forcing an early closure of the application window.

Alero Onosode, HR Executive, Business and Leadership Coach, and Diversity & Inclusion advocate, described the programme as inspiring, highlighting its impact on female executives in the oil and gas industry. “I was privileged to meet 35 exceptional female executives as they sharpened their leadership skills and strategic focus. Their drive and the impact they are already making in the sector are highly encouraging,” Onosode stated.

The intensive programme provided participants with the critical skills…

Read More
Business Culture Economy Finance

CBN Governor Advocates Stronger Economic Ties at AlUla Economic Policy Conference

post-image

 The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called for stronger economic ties between Nigeria, the Middle East, and the Nigerian diaspora community in the region. His remarks came during the inaugural Economic Policy Conference for Emerging Market Economies, organized by the Saudi Arabian Ministry of Finance and the International Monetary Fund (IMF) Regional Office in Riyadh.

Speaking on the theme “Policy Challenges Amid Structural Shifts in the World Economy,” Governor Cardoso highlighted Nigeria’s ongoing economic reforms and the CBN’s unwavering commitment to macroeconomic stability. He emphasized the importance of policy consistency and long-term resilience in fostering sustainable economic growth.

A key focus of his address was the role of…

Read More
Business Culture Economy Education

Peter Obi Visits Indonesia, Advocates Learning from Global Success Stories

post-image

 Nigerian presidential hopeful Peter Obi has emphasized the need for Nigeria to adopt proven development strategies, drawing inspiration from Indonesia’s economic and social progress. Obi recently embarked on a five-day study trip to Indonesia, engaging with top stakeholders on critical areas such as security, education, healthcare, and poverty alleviation.

Reflecting on Nigeria’s economic trajectory compared to Indonesia, Obi highlighted the stark contrast in progress over the past two decades. In 2004, Indonesia’s per capita income stood at $1,136, slightly ahead of Nigeria’s $963. However, by 2024, Indonesia’s per capita income has surged to approximately $5,000, while Nigeria’s remains at around $1,000. Likewise, Indonesia has improved its Human Development Index (HDI) from medium to high, while Nigeria still lags in the low category.

“Indonesia now has 98% health insurance coverage, while Nigeria has less than 10%,” Obi pointed out, emphasizing the urgency of adopting…

Read More
Agriculture Business Culture Economy News Opinion

Ogbo Awoke Ogbo Champions Organic Farming with Uncle Ogbo’s Probiotic Fufu

post-image

In a bold commitment to clean, chemical-free food, Ogbo Awoke Ogbo, business owner coach and CEO of Uncle Ogbo Probiotic Fufu, has detailed the rigorous journey behind the creation of his organic fufu. From planting to packaging, the process is a labor of love, dedication, and unwavering commitment to purity.

“The path to creating Uncle Ogbo’s Probiotic Fufu™ is not for the faint of heart,” Ogbo stated. “From the start, we vowed to plant cassava without a single drop of herbicide, pesticide, or synthetic fertilizer.”

The journey, as he describes it, is grueling—navigating unpredictable weather, coordinating with local farmhands, and making numerous trips to the farm in his Ford 250 turbo Lariat diesel. Each cassava root is handpicked, peeled, and fermented using lime fruit for two weeks before undergoing a weeks-long sun-drying process. The final steps—blending and packaging—are completed with precision, ensuring the product remains 100% organic.

Read More