The Federal Capital Territory Administration (FCTA), through the Abuja Enterprise Agency (AEA), has announced plans to increase the frequency of the Abuja SME Expo, transforming it from an annual event into a quarterly or biannual initiative. The move underscores the growing recognition of small and medium-sized enterprises as engines of economic growth and industrial transformation.
Speaking at the opening ceremony in Abuja, the acting managing director of AEA said the Expo has proven too impactful to be held just once a year. According to him, discussions are underway to host it more often, with stakeholders in agreement that a quarterly or biannual format would give more SMEs access to the opportunities the event provides.
The announcement was made in a statement by AEA’s corporate communications team, confirming that the expanded format aims to strengthen SME competitiveness, accelerate industrialisation, and boost Nigeria’s presence in regional and global trade.
This year’s theme, *Leveraging Financial Opportunities and Strategies to Mobilise Funding for Sustainable Growth*, was chosen to reflect the urgent need for SMEs to access funding. It aligns with President Bola Tinubu’s Renewed Hope Agenda and the national push for inclusive economic development. According to the AEA boss, unlocking capital for small businesses requires stronger collaboration between banks, policymakers, and development partners.
The FCT Head of Civil Service, who was represented at the event, praised the agency’s consistent effort in supporting entrepreneurs. She said the Expo has become a key driver in realising the administration’s economic vision, especially by helping SMEs navigate regulatory environments, connect with markets, and scale operations. She also highlighted successful initiatives like the FCT-CARES Programme, the One Village One Product (OVOP) scheme, and rural skills development programmes as examples of AEA’s commitment to grassroots economic empowerment.
The Expo was also recognised for going beyond access to finance. It provides a platform for entrepreneurs to build networks, form strategic partnerships, and gain market visibility, both locally and internationally.
Stakeholders from the public and private sectors were present, including representatives of the World Trade Center Abuja, NAFDAC, and NASENI, reflecting the Expo’s role as a platform for public-private dialogue and collaboration.
Since its launch in 2016, the Abuja SME Expo has evolved into one of the capital’s most prominent trade showcases, featuring more than 1,200 businesses and attracting over 11,000 visitors across its previous editions. This year’s event featured business clinics, expert panels, and advisory sessions aimed at equipping entrepreneurs with practical tools for sustainability and growth.
As plans move forward to scale the Expo into a more frequent event, the AEA hopes to create even more consistent and accessible opportunities for small businesses to grow, compete, and contribute to national development.
