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From Juliana Taiwo-Obalonye, Abuja
President Muhammadu Buhari has declared that for any economy to grow and create jobs, an equally vibrant and successful small and medium enterprise sector was also needed, adding that it was for this reason that he recently signed the Business Facilitation Bill into law.
According in a statement issued by Special Adviser on Media and Publicity, Femi Adesina, the President who spoke at State House, Abuja when he had audience with the Governing Council and members of the Institute of Directors led by its President and Chairman, Ije Jidenma, said “I was particularly interested to learn that you not only cater to large corporates, but are aware that for any economy to grow and create jobs, we need an equally vibrant and successful small and medium enterprise sector.”
“This administration has, despite the difficult times brought upon us by a variety of external shocks, done much to ensure survival and development of SMEs.
“It is also my pleasure to share with you that your visit comes just a month after I signed into law the Business Facilitation Bill which eases various constraints for micro, small and medium sized enterprises. I am confident that this act will go some way in improving our business environment especially for the MSME’s,” he said.
President Buhari while congratulating the Institute on attaining the milestone of 40 years, noted its commitment to nation building, stressing the values of transparency and good business ethics.
He urged all stakeholders to recognize the noble roles that the Institute can play in the provision of the support base for the development of the economy.
“Let me congratulate the Institute on attaining this very important milestone of 40 years in existence. This is certainly a proud moment not just for the Institute, but for the nation as it signifies your commitment towards the objective of improved corporate governance, ethical business practices, improved corporate governance and transparency.
