FG, LASG Launch Eko Fashion Hub In Lagos

Blessing towing Company

By Sunday Akintoye

The Federal and Lagos State Governments have jointly inaugurated the Eko Micro, Small and Medium Enterprises, MSME, Fashion Hub-1 in Ikeja area of Lagos State.

The Vice President, Professor Yemi Osinbajo who joined the ceremony virtually reiterated the President Muhammadu Buhari administration’s commitment to support the growth and development of MSME during and post COVID-19.

The Vice President promised to provide two additional MSME Fashion hubs to serve Lagos Central and Lagos East senatorial districts as requested by Governor Babajide Sanwo-Olu, and pointed out that the fashion industry is going to be one of Nigeria’s greatest sources of revenue, bigger than oil in the nearest future.

“MSMEs are the engine for Nigeria’s economy because when they thrive, the country thrives and when they struggle, the country struggles. This is why the Federal Government is committed to creating a conductive environment for MSME to do exceedingly well,” he said.

Prof Osinbajo also urged other state governments and the Organised Private Sector to emulate initiatives that would engender the development of MSME across the country.

In his address, Governor Sanwo-Olu stated that MSMEs play a vital role in the growth and sustainability of the economy of Lagos and that of the entire sub-Saharan Africa and Africa as a whole.

The Governor expressed optimism that the facility would be of immense benefits to all stakeholders

 In a goodwill message, the Minister of State for Industry Trade and Investment, Ambassador Mariam Katagum, described the shared facility as one of the key take away of the MSME clinic chaired by the Vice President, noting that it would become an effective tool that could address infrastructural challenges which had hindered the growth of SMEs.

The facility is expected to serve 380 Small and Medium Enterprises daily.

Sunday Akintoye

Leave a Reply

Next Post

Edo Poll:Police Officers Would Be Closely Monitored- PSC

9 months ago
By Sunday Akintoye The Police Service Commission (PSC) on Friday assured voters in Edo State that the conduct of Police Officers on electoral duties will be closely monitored. The Commission in a statement signed by its spokesperson, Ikechukwu Ani said the police has a great role to play to ensure […]


Subscribe to notifications
Sign Up For Our Weekly Health Article By Dr. BolanleKeep you and your family safe and secured.

Discover new ways of maintaining a perfect health for yourself and your family.

Ask questions and get responses from industry experts

%d bloggers like this: