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Friday 18 June 2021
HomeNewsNigeria, Indonesia sign agreement on development of SMEs

Nigeria, Indonesia sign agreement on development of SMEs

The Nigerian government has signed an agreement with its Indonesian counterpart on technical cooperation for the growth of the Small and Medium Enterprises(SME’s).

The private Guardian newspaper reported Tuesday that the agreement would allow Indonesia to exchange technical know-how with Nigeria on cassava processing.

Nigeria is the world’s largest producer of cassava, but the full potentials of the commodity has not being fully explored, especially in the area of processing.

The Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Alhaji Muhammad Umar, who signed the pact on behalf of the Nigerian government , described it as historic.

“There is no doubt that Nigeria will need the assistance of Indonesia in the proposed conversion of Industrial parks to cluster parks and in the revamping and development of existing Industrial Development Centres (IDC),” Umar said.

Mrs. Euis Saedah, Director General, Small and Medium Industries (SMI) Directorate of Indonesia, signed on behalf of her country.

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