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SON Announces Plan To Empower MSMEs

Last updated on August 5th, 2023 at 09:41 pm

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One of the major challenges Micro, Small, And Medium Enterprises (MSMEs) face is a lack of support, majorly financial and technical support.

But the Standards Organisation of Nigeria said it’s collaborating with states governments in Nigeria to empower the small business owners in their daily entrepreneurial struggles.

SON, Nigeria’s agency responsible for certifying products to curb substandard products in Nigeria, stated on July 30, 2021, that the move became necessary to help the MSME subsector compete globally.

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SON Director-General, Mallam Farouk Salim, also promised to engage Nigeria’s teeming unemployed youths.

“There is urgent need to develop the capacities of MSMEs and empower them to take advantage of the African Continental Free Trade Agreement,” he said.

Speaking on the efforts of the agency on the war against fake and substandard goods, Salim stated that feedback from market associations and stakeholders from different sectors shows that the quality of goods has increased in Nigeria.

“We have offices all over the country and you can bring these goods and the receipts for us to clarify these issues so that we can go back to these online dealers to seek redress,” he said.

He called on consumers to always reach out to the SON should they have issues purchasing goods online.

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  • InfomediaNG

    The Infomediang Team comprises a group of researchers, data analysts, and financial experts who closely follow government policies and spending. Our passion lies in empowering people to make informed decisions about their investments by simplifying data for easy understanding. Find us @infomedia_ng on X.

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