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May 17, 2022
National News

MMSD Moves To Improve Performance Of SME’s In Metals Sector

The Ministry of Mines and Steel Development, MMSD, has decried the importation of low industrial standard local metal products, which has adversely affected the Small & Medium Enterprises, SMEs.

The Permanent Secretary, Dr Oluwatoyin Akinlade made this known while declaring open a one-day annual Stimulation and Promotion Workshop for Small & Medium Enterprises for the North–West geopolitical zone in Kano State.

A statement signed in Abuja by the Director Press and Public Relations in the ministry, Mrs Etore Thomas says the workshop will help improve the nation’s Gross Domestic Product, GDP.

It also expresses optimism that the workshop will increase knowledge of participants in production of quality products that would compete favourably in the global market.

The statement stresses that the workshop was aimed at strengthening strategies designed for the growth of SMEs in the Sector.

“The sensitization programme will stimulate and drive a significant improvement in the sector’s contributions to the nation’s Gross Domestic Product (GDP) and economy” Dr. Akinlade added.

According to her, this is in demonstration of its commitment to create awareness amongst the SMEs in the Metals Sector, comprising of foundries, fabricators, welders, manufacturers of spare parts, aluminum extrusion, allied products, among many others.

Participants were drawn from Kaduna, Kano, Katsina and Jigawa to ensure that the knowledge gained from the seminar will propel the SMEs into higher productivity leading to wealth creation, poverty reduction and increase in the GDP of the country.

There were presentations by the representative of SMEDAN, Aliyu Aminu; Bank of the North official, Alhaji Aminu Yusuf; and the General Manager, (General Services), Ajaokuta Complex, Mr. Suleiman Muhammad on critical subject areas to improve the performance of SMEs in the Metals Sector.

By Georgina Humphrey

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