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Government Places High Premium On SMEs – Akan Okon

Government Places High Premium On SMEs – Akan Okon

State government says it would continue to promote entrepreneurship in the state in view of its value as a catalyst for sustainable economic growth and Development.

The Finance Commissioner, Akan Okon who stated this while interacting with members of the Petty business men in Uyo said Small, and Medium Enterprises(SME)being the engine room of the nations’ economy ,government would strive to stimulate an enabling business environment for enterprises to flourish for our teaming unemployed  youths to be engaged. He said government would soon commence the disbursement of the Central Bank of Nigeria’s SME loan earlier launched in the State to beneficiaries,and called on those not captured in this first phase to be hopeful of subsequent phases of the revolving loan scheme. The Commissioner charged the petty business men to be good ambassadors of the state by enlightening the people at the grassroots of government programs for them to be well informed and key into those activities.

On the recent Supreme Court ruling upholding the electoral victory of Governor Udom Emmanuel, Mr Okon who described it as THE HAND OF THE SUPREME GOD, said it was an indication that the almighty God is the key to all our needs and can fight our battles with assured victory. He used the medium to thank Akwa Ibom people for standing firm on the divine mandate, and called for all hands to be on deck    for the development of Akwa Ibom state.

Earlier, the National President of the Petty Businessmen, Mr.Samuel Archibong said the group is an amalgamation of all forms of micro, and small business men and women in Akwa Ibom whose objective is to be self-employed even in the midst of job scarcity. While applauding Governor Emmanuel for his tremendous development efforts within eight months in office, especially the loans to small scale entrepreneurs which petty business people are also beneficiaries, Mr Archibong solicited the extension of the loan to more petty traders, and pledged their readiness to create awareness on the lofty initiatives of Udom administration. The occasion also featured the presentation of award of excellence to Mr Akan Okon.

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