FG Boosting Business Infrastructure Under Tinubu — SMEDAN DG
The Director-General of has said the Federal Government is strengthening business infrastructure to support small and medium enterprises (SMEs) under the administration of .
According to the agency, over ₦200 billion has been mobilised to improve access to finance, enhance productivity, and create a more enabling environment for businesses across the country.
The SMEDAN DG noted that the intervention is aimed at addressing key challenges faced by SMEs, including limited funding, inadequate infrastructure, and operational constraints.
He added that the initiative is expected to drive job creation, boost economic growth, and increase the contribution of small businesses to the national economy.
Stakeholders in the sector have welcomed the move, describing it as a step toward unlocking the potential of entrepreneurs and strengthening Nigeria’s business landscape.
Economic analysts, however, stressed the importance of transparency and effective implementation to ensure the funds achieve their intended impact.
The development reflects ongoing efforts by the government to diversify the economy and promote sustainable growth through support for SMEs.
Observers say sustained investment in business infrastructure will be critical to improving competitiveness and fostering innovation in the sector.
