• News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Enugu Government Urges FG to Launch Reforms, Empower SMEs under ECOWAS Trade Initiative

Blessing Joseph by Blessing Joseph
October 29, 2025
in Business, News
0
Enugu Government Urges FG to Launch Reforms, Empower SMEs under ECOWAS Trade Initiative
Share

The Enugu State Government has called on the Federal Government to introduce stronger policy frameworks to protect local manufacturers and empower small and medium enterprises (SMEs) as Nigeria implements regional and global trade agreements.

Speaking on behalf of Governor Peter Mbah, the Deputy Governor, Ifeanyi Ossai, made the call at a one-day sensitisation workshop on the ECOWAS Trade Liberalisation Scheme (ETLS) held at the International Conference Centre, Enugu.

Mbah described the ETLS as a strategic opportunity to expand trade across West Africa but stressed that policies must align with domestic realities  particularly in infrastructure and access to finance  if Nigeria is to fully benefit from regional integration.

The event, themed “Increasing Intra-Regional Trade through ETLS,” was organised by the ECOWAS National Unit of the Federal Ministry of Foreign Affairs to raise awareness and strengthen participation in the trade scheme.

The governor commended the choice of Enugu as the host, noting that the South-East region’s entrepreneurial spirit makes it a key player in regional trade. He, however, cautioned that the government must learn from past challenges and adopt practical reforms that support local enterprises.

“For an SME trader in Ogbete Market or Coal Camp seeking finance, applications shouldn’t have to wait for approval from Abuja,” Ossai said. “Government must empower regional offices to act swiftly. Development finance should be driven by business potential, not collateral.”

He further proposed the creation of an ECOWAS Commercial Bank to provide funding for regional infrastructure and SMEs, while calling for decentralisation of approval powers within institutions such as the Bank of Industry (BOI), Bank of Agriculture (BOA), and NEXIM Bank to ensure faster access to credit.

In her remarks, Ambassador Bianca Odumegwu-Ojukwu, Minister of State for Foreign Affairs, described the ETLS as “a cornerstone of West Africa’s integration agenda,” noting that it supports the free movement of goods and services and complements the African Continental Free Trade Area (AfCFTA).

Also speaking, Dr. Daniel Ochi, Director-General of the Southeast Chamber of Commerce, Industry, Mines and Agriculture (SECCIMA), pledged the chamber’s commitment to promoting the scheme and mobilising regional entrepreneurs.

The workshop brought together government officials, SME operators, trade experts, and business leaders from across the region to explore strategies for boosting intra-regional trade and empowering local enterprises.

Through such collaborative initiatives, Enugu State reaffirmed its readiness to work with federal and regional partners to unlock opportunities for Nigerian SMEs and strengthen economic inclusion across West Africa.

 

Post Views: 10
Share

Related Posts:

  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2025 Guide to the Top Business Enabling…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • IMG_3957
    South-East Businesses Encouraged to Leverage ECOWAS…
  • isaac adewole
    New Agreements to Expand Access to 20 Lifesaving…
  • Top 15 Social Media Marketing Tools for Nigerian Entrepreneurs
    15 Social Media Management Tools That Will Make Life…
Previous Post

NCDMB Launches Empowerment Initiative to Train 10,000 Nigerians for Oil and Gas Projects

Next Post

Nigerian Govt Partners Firm to Launch Creative Empowerment Initiative to Strengthen Nigeria’s Storytelling Economy

Next Post
Nigerian Govt Partners Firm to Launch Creative Empowerment Initiative to Strengthen Nigeria’s Storytelling Economy

Nigerian Govt Partners Firm to Launch Creative Empowerment Initiative to Strengthen Nigeria’s Storytelling Economy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • Nigerian Government, IFAD, and NDDC, Launch Agricultural Empowerment Initiative for 630 Youths, Women, and Persons with Disabilities
  • Nigerian Govt Partners Firm to Launch Creative Empowerment Initiative to Strengthen Nigeria’s Storytelling Economy
  • Enugu Government Urges FG to Launch Reforms, Empower SMEs under ECOWAS Trade Initiative
  • NCDMB Launches Empowerment Initiative to Train 10,000 Nigerians for Oil and Gas Projects
  • The Alternative Bank Launches Women in Tech Scholarship to Support Rural Entrepreneurs

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Financial Services
  • Opportunities
  • About Us

© 2023 MSME Africa - All rights reserved.