The Lagos State Government has reaffirmed its commitment to supporting Small and Medium Enterprises in the agricultural business space to boost the state’s economy.
Lagos State Commissioner for Agriculture, Ms Abisola Olusanya revealed this during the opening of the fourth edition of the Ministry of Agriculture Entrepreneurship Development Institute’s training programme which was held recently in Lagos.
Olusanya, who was represented by the Permanent Secretary, Ministry of Agriculture, Mr Hakeem Adeniji, noted that the state’s financial support for agribusinesses was aimed at complementing the efforts of the Federal Government.
“I will like to assure you of the constant support of Mr Governor to all SMEs in the state, particularly players within agribusiness space. He is aware of your immense contribution to the state’s Gross Domestic Product and would like to see you create more value in agriculture.
“The Agricultural Small and Medium Enterprises Investment Scheme, which is an initiative of the bankers’ committee, is being managed by the Central Bank of Nigeria to complement the Federal Government’s efforts at promoting small and medium agri-businesses as a vehicle for economic development and employment generation.
“Also, the Entrepreneurship Development Institute is a Central Bank of Nigeria-accredited centre for the development of entrepreneurship and entrepreneurial capabilities amongst Nigerians.
“The institute will provide tools and techniques for managing all functional areas of a business enterprise including production, marketing and finance,” Olusanya stated.