Ekiti MEDA DG Unveils Strategies for Entrepreneurship Development

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  • Ekiti Calls for Stakeholders’ Support for Fayemi’s Educational Reforms•
  • BY AYODELE ABERE in Ado Ekiti•

Director-General, Microfinance and Enterprise Development Agency (MEDA), Otunba Kayode Fasae has explained strategies to be adopted for entrepreneurship development in Ekiti State.

Speaking during the agency’s stakeholders’ meeting in collaboration with Ekiti State Chamber of Commerce, Industry, Mines and Agriculture (EKICCMA) tagged: “Entrepreneurship Development, a Catalyst for Growth in Ekiti State”, Fasae said MEDA is committed to developing the best hands in Entrepreneurship in the State through innovative programmes, training, seminars and capacity building workshops.

Explaining activities that will position business owners, artisans and traders in the state for opportunities, Fasae said that MEDA is currently working on consolidating data for relevant associations.

He said, “This will help us organize entrepreneurs for training as well as enabling them access funds to grow their businesses. We have a project in collaboration with the Central Bank of Nigeria (CBN) on Entrepreneurship Development Initiative (EDI). We will hold training for members of MEDA and entrepreneurs who are qualified as well.

“We are also working closely with First City Monument Bank (FCMB) on youth development as we are embarking on a one-week training for over four thousand five hundred participants by September. Our plan for Fadama loans is also underway, these and more are our efforts to developing entrepreneurship and supporting Small and Medium Scale Enterprises in the state,” he said.

Technical Assistant to Director General MEDA, Adegboye Gbemisola said that the agency was set up also to support the agenda of the First Lady, Erelu Bisi Fayemi in the area of Women Empowerment.

“MEDA also supports the vision of the office of the First Lady in the area of women empowerment and wealth creation and we are happy the agency has built a solid working relationship in this regard.

President of the Chamber, Chief Kola Akosile said that the event is focused on consolidating efforts of various bodies in both formal and informal sectors of the state.

Highlighting proposed activities thereafter, EKICCIMA President said that Enumeration/Mapping of Entrepreneurs would help collate data for the body and MEDA to effectively create working partnerships with relevant organisations ahead of training, and funding programmes.

Financing Products such as Creative Fund and Youth Development Fund are also considered.

Honourable Commissioner for Investment, Trade, and Industries, Olusoga David encouraged MEDA and EKICCIMA to build further partnerships that will bring innovative development to create opportunities for investments and trading in the state.

In another development, the Commissioner for Education, Science and Technology, Ekiti State, Mr. Folusho Daramola has called on stakeholders in the education sector to support the ongoing reforms of the Governor Fayemi-led administration to reposition the education sector in the state.

The Commissioner who made the call in Ado-Ekiti at the presentation of trophies to winners of the 2019 Governor’s Cup quiz, debate and essay writing Cup competitions among primary and secondary schools in the state stressed that government’s relentless efforts were already yielding positive results in the sector.

Mr. Daramola who said that all hands must be on deck to sustain the successes already achieved in the education sector since the present administration came into office in October 2018, advised all stakeholders to remain committed to the vision and mission of the government to ensure that the state regains its pride of place as the Fountain of Knowledge in Nigeria.

He commended the performance of government public schools in the competition noting that the enhanced attitude to work of teachers of government-owned schools in the state was already yielding the desired results.

GShepard International School Ado-Ekiti, Pillar Gate of Success, Ijero-Ekiti, New Creation School, Ado-Ekiti, Science College, Ayede-Ekiti, Saint Louis Grammar School, Ikere-Ekiti emerged winners in the various categories of the competition that had 258 Participants drawn from primary and secondary schools in the state.

Responding on behalf of the other students, Master Covenant Adeosun of Shepherd International High School, Ado-Ekiti thanked Governor Kayode Fayemi and the Ministry of Education, Science and Technology for organising the various competitions, which provided them the opportunity to display the potentials, adding that the competitions had made them more knowledgeable and academically sound.

The competition started in 2017 to help create healthy rivalry among schools and a forum for students to exhibit their talents that will enhance self-discovery.




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