Senator Abiru Empowers 1,000 Small Businesses In Lagos East

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The Senator representing Lagos East Senatorial District, Tokunbo Abiru Monday, 8th November, 2021, empowered 1,000 small and medium businesses within the Lagos East district.

This he said was done to further equip businesses with the prerequisite business information, and connect them with certified and approved government/private sector consultants at no cost to help them address specific challenges in their businesses. including like tax and regulatory issues.

According to him, he said that the programme was also aimed at providing small businesses with funding advisory, and access to markets; Digital Marketing, and Trade Union/Societies in Epe, Ibeju-Lekki, Ikorodu, Kosofe, and Somolu Local Government Areas respectively, which collectively make up Lagos East Senatorial District.

According to him, he said that the sector accounts for over 70 percent of the labour force and contributed about 50 percent of the country’s Gross Domestic Product, GDP,  hence the empowerment programme.

“Powered by entrepreneurs, the Micro, Small, and Medium Entreprises (MSMEs) sector accounts for about 76% of the nation’s labour force and contributes about 50% to the Gross Domestic Product (GDP).”

He however expressed optimism that despite covid-19, businesses are gradually embrasing the opportunities that are prevalent in the new normal

He said: “Despite the emergence of the pandemic, businesses are gradually embracing the opportunities that were birthed as a result of the new normal.

He also re-stated that the Senatorial district remains home to numerous clusters of business hubs, factories, and industrial plants like Egbin Power Thermal Station, the largest power generating station in Nigeria.

“From the metal/aluminum market in Ikorodu to the international perishable food market in Mile-12; from the printing hub/cluster in Somolu to the aquatic splendor for tourism, artisanal fishing, sandy beach, and coconut fringed Atlantic coastlines in Epe and Ibeju-Lekki; it is also home to several boundary communities with our neighbours, Ogun state.” He said.

“As a representative of your interest as a people, my team and I took the time to fully comprehend our challenges and your needs to articulate efficient strategies. One of which to further equip businesses within our District is this program.”

“This program aims to support 1,000 entrepreneurs and businesses across 16 LCDA  in Lagos East Senatorial District with valid business information for business growth and opportunities.” He further stated.

 

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