Business A.M
No Result
View All Result
Saturday, February 21, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Interview

Owerri Chamber SME group urges govts  to build skills acquisition centres

by Admin
January 21, 2026
in Interview, Nigeria Frontier Markets

By Saby Elemba, in Owerri

The Small and Medium Enterprises Group of the Owerri  Chamber of Commerce, Industries, Mines and Agriculture (OCCIMA) has urged  both state and federal governments to build skills acquisition centres and infrastructure to support the  growth of small and medium enterprises in the country.

Gerald Nkwekegbu, vice president, SME Contact and Mobilisation Group of OCCIMA, and vice chairman, services, Nigerian Association of Small Scale Industrialists (NASSI), in a telephone interview said the massive building of skills acquisition centres and places to up-skill the teeming Nigerian unemployed  graduates and school leavers for self-reliance would lead to the industrialisation of the country.

He therefore urged the incoming administrations at both the state and federal levels to anchor their administrations on creating more skills acquisition centres,  equip them,  and provide the needed infrastructure for the growth of small and medium enterprises  in the country.

This will result in the production of more skilled young graduates who will  create job opportunities for other youths to be engaged and thereby helping to curtail insecurity from the society, Nkwekegbu said, adding that, “if people are fully employed, nobody will think about engaging in crimes and destroying where he earns his living or earns his money”.

He further stated that the government should look into how to establish different measures  to build the SME sector and channel the huge amount being spent  on allowances of members of the National Assembly to this sector.

According to him, this would go a long way to curtail the rate of imports of foreign tools and other finished goods which are locally manufactured, help the sector to tackle its challenges as well as accelerate the growth of the SME sector in the country.

“The small and medium enterprise sector is the engine sector of any economy, and it is  the highest employer of labour. Without the small and medium enterprise sector, there is nothing like enterprises, because jobs cannot be created without SMEs. It is only when you empower SMEs that jobs can be created,” Nkwekegbu said .

He described the financial sector,  particularly deposit money banks in the country, as money collection centres, adding that they do not help to build the economy of this country or build SMEs. “It is only recently that they have picked a little interest in the small and medium enterprises sector of this country.

“Take for instance, in developed countries, there is always a data bank for SMEs. That data bank, in a place like China, they built warehouses; if you manufacture tools, you must specialise in manufacturing tools; if you manufacture nuts, you must specialise in manufacturing nuts.

“So that is exactly what I want this country to embark on. Let  the various governments in the country build skills acquisition centres. In building the skills acquisition centres,  let them be equipped with modern equipment  that SMEs can anchor on,” Nkwekegbu concluded.

Admin
Admin
Previous Post

South East, left out in federal government’s agriculture plans

Next Post

CBN chief seeks CyberSec adoption, integration for financial systems safety

Next Post

CBN chief seeks CyberSec adoption, integration for financial systems safety

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026
Zoho targets Africa expansion after 30 years with self-funded growth strategy

Zoho targets Africa expansion after 30 years with self-funded growth strategy

February 19, 2026
GSMA presses telecoms to rethink business models for trillion-dollar B2B growth

GSMA urges rethink of spectrum policy to close rural digital divide

February 19, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M