Abuja, May 6, 2025 – The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) created 90,160 jobs in the first quarter of 2025.
The agency disclosed this in its 2025 first quarter performance report released in Abuja on Tuesday.
It said it also supported more than 116,000 entrepreneurs with training, access to finance and markets as well as work tools.
It attributed the achievement to the empowerment programmes and strategic partnerships in the MSME sector.
SMEDAN also said it worked with organisations like Google and Wema Bank to train entrepreneurs on digital and financial literacy skills.
It said it also assisted many small-scale businesses to register with the Corporate Affairs Commission.
“These businesses are now better positioned to access funding, participate in supply chains, and compete in local and international markets.
“In Abuja, the agency’s Garment and Textile Hub at the Industrial Development Centre in Idu has become a model of inclusive industrial growth.
“The hub provides fashion entrepreneurs with affordable access to modern industrial machines, steady power, solarised through a partnership with UNDP, and a safe, conducive workspace.
“The result is increased productivity, job creation, and a pathway to scale for local designers.
“To further support business growth, SMEDAN distributed a wide range of essential work tools, including sport utility vehicles, mini buses, laptop computers, industrial sewing machines, tricycles, and power generators, helping entrepreneurs across states start or expand their businesses.
“In total, the agency distributed 123,743 work tools in Q1 2025, covering all 36 states of the country,” the report said.
Speaking on the report, Charles Odii, the Director-General of SMEDAN, said: “This report underscores the impact of our GROW Nigerian strategy, which focuses on providing Guidance, Resources, Opportunities, and Workforce support to small businesses across the country.
“We are deliberately mobilizing and directing resources to help small businesses grow, expand, and transition into the formal sector where their contributions can be properly captured and supported.
“At the same time, we’re helping them improve their production processes to compete more effectively in both local and global markets.
“The result is more jobs, stronger businesses, and greater value unlocked within communities nationwide.
“We’ve also signed a number of strategic partnerships in Q1, which will begin to yield results in the second quarter.
“These collaborations are designed to expand SME access to finance, unlock value chains, and prepare Nigerian businesses to compete globally.
“From product quality to pricing, we’re helping entrepreneurs build businesses that can serve both local and export markets.
“Our work is in line with the Renewed Hope agenda of President Bola Ahmed Tinubu, which focuses on fixing the fundamentals and investing in ventures that deliver real impact.
“With the right structure and support, Nigerian SMEs can drive lasting, inclusive economic growth.”
