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Nigerian-British Chamber of Commerce Partners with Regulatory Agencies to Boost MSME Efficiency

Blessing Joseph by Blessing Joseph
October 7, 2023
in Business, News
0
Nigerian-British Chamber of Commerce Partners with Regulatory Agencies to Boost MSME Efficiency
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The Nigerian-British Chamber of Commerce (NBCC) joins forces with key regulatory bodies to enhance business operations and foster growth in Micro, Small, and Medium Enterprises (MSMEs) across Nigeria.

 The NBCC, in collaboration with government agencies including Standards Organisation of Nigeria (SON), Bank of Industry (BOI), National Agency for Food and Drug Administration and Control (NAFDAC), and Nigeria Export Promotion Council (NEPC), hosted the second edition of the Chamber’s MSME Business Optimisation Clinic.

Ray Atelly, President of NBCC, emphasizes the critical role these agencies play in overseeing industrial activities, particularly in the MSME sector.

Atelly highlights the vital contribution of MSMEs to economic development, serving as the backbone of any economy by creating employment opportunities, driving innovation, and significantly impacting Gross Domestic Product (GDP).

He urges all key stakeholders to provide extensive support to empower MSMEs, equipping them with the knowledge and resources needed for success in today’s dynamic business environment.

Mallam Farouk Salim, Director-General of SON, commits to continually offering initiatives that facilitate MSME expansion. He emphasizes that MSME operators are responsible for integrating themselves into the SON-enabled business environment, a move endorsed by the Federal Government to accelerate growth.

Representing Salim, Mrs. Phebean Arumemi, Head of Small and Medium Enterprises Desk at SON, reinforces this commitment.

Udo Okonjo, CEO of Fine and Country, West Africa, underscores the necessity for a robust and adaptable business model for MSMEs. She encourages them to deliver exceptional products or services and possess expertise in wealth and financial management.

Okonjo stresses the importance of transformative leadership, collaborative teamwork, and comprehensive expansion strategies for the sustained growth and development of MSMEs.

The NBCC stands as a leading bilateral chamber of commerce in Nigeria, dedicated to promoting trade and investment between Nigeria and Britain.

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Tags: Bank of Industry (BOI).EntrepreneursFine and CountryMSME AfricaMSME News in Nigeria todayMSMEsNational Agency for Food and Drug Administration and Control (NAFDAC)Nigeria Export Promotion Council (NEPC)Nigerian-British Chamber of Commerce (NBCC)Phebean ArumemiSMESMEsStandards Organisation of Nigeria (SON)Udo Okonjo
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