SMEDAN & NFC Sign MoU on Entrepreneurship 06/24/2011
In a bid to guarantee greater success in the Nigerian entertainment industry, the Nigerian Film Corporation (NFC) and the SMEDAN have signed a MoU on entrepreneurship.
Speaking during the signing ceremony which took place at the SMEDAN head office in Abuja, the Managing Director of the NFC, Mr. Afolabi Adesanya, said that for the film industry to make meaningful contribution to the overall economic contribution to the overall economic development of the country, emphasis must be placed on impacting entrepreneurial skills in the sector.
Mr. Adesanya noted that if the business potentials of films are fully harnessed and adequately developed, the industry could become one of the highest revenue generating sectors of the economy as achieved in California, USA.
He, however, said SMEDAN was ready to support NFC with funding windows available on Nigerian entrepreneurs such as SME Credit Guarantee Scheme introduced by the Central Bank of Nigeria and the funding scheme of the National Economic Reconstruction Fund (NERFUND).
Source: The Nation, Saturday, June 18, 2011, page 25.
Speaking during the signing ceremony which took place at the SMEDAN head office in Abuja, the Managing Director of the NFC, Mr. Afolabi Adesanya, said that for the film industry to make meaningful contribution to the overall economic contribution to the overall economic development of the country, emphasis must be placed on impacting entrepreneurial skills in the sector.
Mr. Adesanya noted that if the business potentials of films are fully harnessed and adequately developed, the industry could become one of the highest revenue generating sectors of the economy as achieved in California, USA.
He, however, said SMEDAN was ready to support NFC with funding windows available on Nigerian entrepreneurs such as SME Credit Guarantee Scheme introduced by the Central Bank of Nigeria and the funding scheme of the National Economic Reconstruction Fund (NERFUND).
Source: The Nation, Saturday, June 18, 2011, page 25.
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African Competitiveness Report 2011 06/24/2011
The Report contains in-depth assessments of the state of competitiveness, the impact of foreign direct investment on the continent, and the trade performance of the region. It also outlines the potential for increased productivity growth in agriculture and agribusiness. The final sections include detailed competitiveness profiles for several African countries.
Click here to download the Report.
Click here to download the Report.
President Ernest Bai Koroma of Republic of Sierra Leone has invited SMEDAN to assist his administration in building institutions and structures that would permanently address the scourge of poverty and unemployment, admitting that the West African country has “serious problem of youth unemployment”.
President Koroma, who was in Abuja to attend the inauguration of Dr. Goodluck Jonathan as Nigeria’s President, announced the invitation at the Transcorp Hilton Hotel during a meeting with the Director-General of SMEDAN, Alhaji Muhammad Nadada Umar and the Director-General of the National Directorate of Employment [NDE], Alhaji Abubakar Mohammed. The meeting was held at the instance of the country’s High Commissioner to Nigeria, His Excellency Mr. Henry Macauley.
“We need to set up institutions and structures that will address poverty and unemployment, not with a cosmetic approach, but on a permanent basis”, he said. The Sierra Leone President disclosed that his administration had already established Youth Commission, an Agency considered critical to solving the problem of unemployment. Profiling the country’s population of unemployed youths in Sierra Leone, he disclosed that they were made up of largely the unschooled, school drop-outs and then graduates.
President Koroma, who was in Abuja to attend the inauguration of Dr. Goodluck Jonathan as Nigeria’s President, announced the invitation at the Transcorp Hilton Hotel during a meeting with the Director-General of SMEDAN, Alhaji Muhammad Nadada Umar and the Director-General of the National Directorate of Employment [NDE], Alhaji Abubakar Mohammed. The meeting was held at the instance of the country’s High Commissioner to Nigeria, His Excellency Mr. Henry Macauley.
“We need to set up institutions and structures that will address poverty and unemployment, not with a cosmetic approach, but on a permanent basis”, he said. The Sierra Leone President disclosed that his administration had already established Youth Commission, an Agency considered critical to solving the problem of unemployment. Profiling the country’s population of unemployed youths in Sierra Leone, he disclosed that they were made up of largely the unschooled, school drop-outs and then graduates.
