FUTMinna, GIZ boost Entrepreneurship with SMEsabi, target 50, 000 Nigerian business owners

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…organise commencement workshop

Micro, Small, and Medium-sized Enterprises (MSMEs) are the backbone of a strong economy that creates jobs for millions of people across the globe. Their capacity for innovation and ability to adapt to an ever-changing business environment makes them a vital building block for economic growth and prosperity.

It is for this reason that the Federal University of Technology, Minna in collaboration with the German Development Cooperation (GIZ) set up the SMEsabi, an online financial literacy program (which can be accessed via www.smesabi.com).

The project commencement workshop was held from February 2nd to February 3rd, 2022, and had in attendance Jennifer Seydel, the Project Manager GIZ, Professor Abiodun Musa Aibinu, the Director, Entrepreneurship Centre, Engr. Dr. Caroline Alenoghena, and other members of the SMEsabi Project team.

During her presentation, the Director, Entrepreneurship Centre, FUT, Minna, Dr. Caroline Alenoghena explained that the SMEsabi is an e-Learning platform that brings entrepreneurship and financial literacy knowledge directly to its users, adding that with SMEsabi participants’ businesses would stand out among that of their competitors and they would be able to make smarter business band financial decisions through a series of specially designed online courses.

The platform would enable entrepreneurs to build the necessary capacity required for business success and financial skills improvement needed in the post-Covid-19 era.

During his closing address, the team lead, Mr. Ezra Zhiri kolo thanked the GIZ and the University Management for supporting the SMEsabi Project and for ensuring the success of the event.

The highlights of the event include a tour of the Office by the SMEsabi team, a photo session with the GIZ representative, and other key members of the Project. Another high point of the commencement meeting is the mapping out of strategy for empowering 50,000 Nigerians with financial literacy knowledge capable of assisting individuals and MSMEs in managing money, making smarter decisions, and managing their business better.

The team would also be onboarding additional organizations that have a wide network of members who will successfully go through the available financial literacy and entrepreneurial online courses.

The project is expected to last for one year. Interested participants can also visit the Secretariat at the Entrepreneurship Centre, Federal University of Technology, Minna, Main Campus, Gidan Kwano along Minna- Bida road from the 4th of February 2022.

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