Oyo Govt partners SMEDAN to addressyouth unemployment, poverty The Governor of Oyo State Senator Abiola Ajimobi has promised to leverage on the opportunities offered by the small and medium enterprises development agency of Nigeria (SMEDAN) programmes to address the challenges of unemployment and poverty In the state. Ajimobi made the remark on Thursday during a courtesy visit by Oyo state high powered delegation on SMEDAN management, at the Agency's corporate headquarters in Abuja. The Governor who was represented by his Deputy Chief Otunba Moses Adeyemo, noted that poverty and escalating unemployment could attributable to the disturbing security challenges with their consequences on the socio-economic and political vicissitudes.
President Goodluck Jonathan has inaugurated the National Council on Micro Small and Medium Enterprise which has Nigeria’s Vice President Muhammed Namadi Sambo as its Chairman.The inauguration ceremony took place at the Presidential Villa Chambers Abuja on Thursday 4thSeptember, 2014. In his address at the occasion, President Jonathan outlined his vision for the nation’s economy, saying it has become imperative for the Federal Government to ensure that the economy works for all Nigerians. He noted that the inauguration of the council marked a very important turning point in his administration’s national economic development drive with regards to its efforts to place MSMEs as core and essential elements of economic transformation.