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NCC, SMEDAN, NAICOM, SEC, Others Set for SUPERNEWS SMEs Conf June 13

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The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, the Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Dr. Aminu Maida, other regulators, experts, stakeholders from the financial services and ICT sectors, small business owners among others have confirmed their attendance at the SUPERNEWS Nigeria SMEs Forum 2024 scheduled for Thursday, June 13th 2024 at Radisson Hotel, GRA Ikeja, Lagos.

The conference with the theme, ‘Bringing SMEs into the Financial Services Network via Fintech’ would be declared open by the SMEDAN DG, Mr. Charles Odii, while the EVC of NCC will chair the event.

A renowned economist and financial expert, Dr. Biodun Adedipe, the MD/CEO Biodun Adedipe & Associate Ltd., will deliver the keynote speech at the conference, which would dig into issues faced by SMEs in running their day-to-day businesses in Nigeria.

The conference will also feature a panel session which would be handled by erudite scholars, including the Chairman, Nigerian Association of Small and Medium Enterprises (NASME), Yeye Modupe Dada; Managing Director/CEO, Sunu Assurances Plc, Mr. Sam Ogbodu, Managing Director/CEO of APT Securities and Funds Limited, Mr. Kasimu Garba Kurfi and Head, Financial Institutions Ratings at Agusto & Co., Mr. Ayokunle Olubunmi.

The Special Guests of Honour for the conference include the Director General of SMEDAN, Mr. Charles Odii; Acting Director General, Securities and Exchange Commission (SEC), Dr.  Emomotimi Agama and the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin.

The Publisher of SUPERNEWS Nigeria, Ngozi Onyeakusi in a statement in Lagos said the choice of the theme of the Conference was borne out of the quest to improve the business climate for SMEs in Nigeria by leveraging on technology in terms of accessing financial services.

She said it’s unfortunate that SMEs that form the bedrock of every economy are plagued by a lot of challenges, especially inadequate access to finance. Indeed, reports have shown that the challenge of SMEs in accessing funds could be traced to inadequate access to financial institutions and education, skills, experience of owners/managers, high interest rates, gender discrimination, among others.

It therefore becomes imperative to leverage on technology to ensure their sustainability, productivity and profitability.

The conference, she said, will, among others, examine the key challenges faced by SMEs in Nigeria and provide practical solutions to help overcome them.

It will equally explore the benefits of fintech for small businesses, including how it can help them overcome financial challenges and drive growth through technology-driven solutions.

She equally emphasised that the confab is a learning opportunity designed to enhance awareness, deepen understanding of the participants on how SMEs can grow and sustain their businesses by embracing various financial services options including banking, capital market, pension and insurance.

NEWS

President Tinubu Set For First Nationwide Media Chat Tonight

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President Bola Ahmed Tinubu will hold his first Presidential Media Chat tonight, December 23, at 9 p.m.

The landmark event, announced by Bayo Onanuga, Special Adviser to the President on Information & Strategy, will be broadcast live on the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN).

READ MORE: Non-Oil Sector Fuels Nigeria’s Q3 2024 GDP Growth, Says CBN

All other television and radio stations have been invited to join the simulcast, ensuring nationwide access.

This highly anticipated media engagement offers an opportunity for President Tinubu to address key national issues, outline his administration’s achievements, and shed light on policies shaping the future of the nation.

Nigerians are encouraged to tune in to stay informed about the government’s vision and policies for the nation.

 

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FCT Health Sector On Brink As Doctors Warn Of Looming Deadliest Strike

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The Association of Resident Doctors, Federal Capital Territory Administration (ARD-FCTA), has sounded an alarm over an impending healthcare crisis, issuing a 14-day ultimatum to FCT Minister Nyesom Wike.

The doctors have threatened a “deadliest shutdown” of hospital operations if their welfare demands remain unresolved.

READ MORE: Appeal Court Strikes Down CCT’s Suspension Of Kano Anti-Corruption Chairman

Speaking at a press briefing in Abuja on Monday, ARD-FCTA President, Dr. George Ebong, highlighted the dire state of doctors’ welfare, despite acknowledging the minister’s achievements in infrastructural development.

He said, “We appreciate the minister for his infrastructural development in the FCT since his emergence. But doctors are an abandoned project. While he fixes infrastructural abandoned projects, we are the human abandoned projects. We believe the minister can deal with the challenge.”

List of Demands

The doctors are calling for immediate action on the following issues:

  • Payment of six months’ salary arrears owed to members employed in 2023.
  • Release of the 2024 Medical Residency Training Fund.
  • Reduction of the bonding policy from six years to two.
  • Implementation of skipping allowances for 2023 intakes and issuance of related letters.
  • Immediate payment of 2024 accoutrement allowances.
  • Clearance of 13 months’ hazard allowance arrears.
  • Conversion of ARD Post 2 members to consultants.
  • Recruitment of healthcare workers to address manpower shortages.

The association had earlier issued a 21-day ultimatum at its Annual General Meeting, with just 14 days now remaining for the minister to meet their demands.

Dr. Ebong warned that failure to act would lead to a complete shutdown of medical services in the FCT, describing the potential strike as “the deadliest shutdown.”

Ebong said, “This injustice is alien to the FCT; if allowed to persist, the nation’s health sector will collapse. We do not want the deadliest shutdown, but if no action is taken, we will have no choice. The health of this nation is at stake, and the minister must act without delay.”

The association called on Wike to urgently address their grievances, emphasizing that the welfare of medical professionals is vital for the sustainability of healthcare delivery in the FCT and beyond.

 

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NNPC Cuts Petrol Price To N965 Per Litre

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The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of petrol at its retail outlets in Abuja to N965 per litre, down from N1,030 per litre.

The new pricing, confirmed at NNPC stations in the Central Area and Nyanya suburbs of the Federal Capital Territory, reflects intensified competition in the downstream petroleum market, particularly with the entry of products from the Dangote Refinery.

This is the second price cut by NNPC in two weeks, following a previous reduction from N1,060 to N1,030 per litre.

READ MORE: BREAKING: Kyari Oversees NNPC Ltd’s Transparent Recruitment Aptitude Test

Motorists have expressed cautious optimism over the adjustment, describing it as a step in the right direction but calling for further reductions.

“I noticed the new price yesterday,” said Adamu Shuaibu, a commercial driver on the Nyanya-Zuba route.

“The government is trying, but they should do more. The price should return to N530 per litre so that the cost of other goods can decrease too.”

Similarly, Taofeek Adetunji, a private car owner, attributed the price reduction to President Bola Tinubu’s economic reforms and expressed hope for sustained improvements.

“When the President promised his reforms would yield results, many doubted him. But now you can see it. We are optimistic that prices will keep dropping. Petrol is vital to the economy, and this reduction will soon reflect in the cost of goods and services,” Adetunji said.

Motorists have urged the Federal Government to continue its efforts to make petrol more affordable, emphasizing its significance to the nation’s economy and the cost of living.

 

 

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