By Mohammed Kabir Garba, Bauchi
Over 6 thousand successful beneficiaries of the federal government’s MSME’s survival fund from Bauchi state have been Charged to scale up their contributions toward improving the nation’s economy.
The chairman monitoring and evaluation sub committe of the MSME’S survival fund, Sir Joseph Ari made the call at the presentation of Corporate Affairs Commission (CAC) certificates to beneficiaries in Bauchi.
Joseph Ari who is also the Director General Industrial Training Fund, said prior to the disruptions caused by the COVID 19 pandemic, small and medium scale bussinesses have faced several challenges which include, limited financial resources, insufficient management capacity and lack of adequate infrastructure.
According to him, the economic sustainability committe constituted by the federal government was to cushion the effects of the corona Virus pandemic on the MSME’S sector of the economy as well as protecting the poor and the vulnerables.
He maintained that the bussiness formalization support has a target of providing free corporate Affairs Commission business name registration for 250.000 bussinessess across the country.
The ITF Boss commended the Bauchi state government and the state focal person for collaborating with the industrial Training Fund in carrying out the assignment, with a call on the state government to continue to support the ITF in the implementation of it’s various intervention programs.
Speaking on the occasion, the Bauchi state commissioner for small and medium scale Enterprises, Modibbo Abdulkadir Ahmed who represent the state government, said various empowerment initiatives were aimed at lifting the citizens from poverty and unemployment.
The commissioner emphasized that the government will remain committed towards the actualization of federal government’s economic and youths empowerment initiatives.