Vice President of Nigeria, Kashim Shettima has stated that empowering the Micro, Small, and Medium Enterprises in Nigeria has become the cornerstone of President Bola Tinubu’s vision of national economic growth.
Shettima stated this at the ongoing Trade Fair organised by the BRICS group (Brazil, Russia, India, China, and South Africa) in Johannesburg, South Africa.
“Empowering the Micro, Small, and Medium Enterprises (MSMEs) has become the cornerstone of President Bola Tinubu’s vision for national economic growth, Shettima averred.
Representing President Tinubu at the 15th BRICS Summit, Shettima lauded the vital role of MSMEs in driving youth and women to contribute significantly to the nation’s development. “The President is a compassionate leader, and in the coming months, Nigeria’s fortunes will experience a transformation,” the Nigerian vice president noted.
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While highlighting the economic impact of bolstering MSMEs, Shettima pointed out that such growth would not only uplift families but also enrich the entire nation.
Acknowledging the trade fair’s role in stimulating investments and trade in Africa, the VP commended the event’s organisers for uniting 180 exhibitors from diverse economic sectors.
While inspecting Nigeria’s exhibitions at the fair, Vice President Shettima expressed admiration for Nigerians’ substantial investments in South Africa, particularly in the digital economy, fashion, and mining sectors.
Praising the Nigerian investment firm, Rose Bank, for funding a N40 billion cassava project, he recognized its potential to revolutionize the cassava value chain and bring economic benefits to various parts of the country.
The BRICS Trade Fair, organised by BRICs South Africa and the SA BRICS Business Council (SABBC) in collaboration with the Department of Trade Industry and Competition, coincides with the ongoing 15th BRICS Summit.
This platform aims to showcase products and services from BRICS countries, promoting business interactions to enhance intra-BRICS trade and investments.
Accompanied by Nigeria’s High Commissioner to South Africa, Amb. Muhammad Haruna Manta, and other government officials, Vice President Shettima’s visit underscores the commitment to fostering economic partnerships and growth within the African continent.
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