The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the launch of a new strategic framework called “GROW Nigerian” to drive job creation and boost revenue across the micro, small, and medium enterprises (MSMEs) sector in the country.
Director-general of SMEDAN, Mr. Charles Odii, who disclosed this in Abuja explained that the initiative, which stands for Guidance, Resources, Opportunities, and Workforce Support (GROW), is designed to provide a comprehensive support system for small businesses.
“This strategy is our theory of change by providing the right combination of guidance, tools, market access, and workforce development, we believe Nigerian MSMEs can overcome persistent obstacles and unlock their full growth potential.” he said
According to the DG, the GROW Nigerian blueprint will offer structured mentorship, business advisory services, and regulatory guidance to help MSMEs navigate operational hurdles.
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“We are equipping MSMEs with access to funding, technology, and essential infrastructure to enhance their efficiency and long-term viability,” he added.
Describing GROW Nigerian as a national economic strategy, Odii said, “This is not just another campaign—it’s a strategic blueprint to accelerate economic growth by empowering MSMEs in key sectors of the Nigerian economy.”
He disclosed that the agency had already made significant progress in 2025. “In just the first quarter of this year, SMEDAN interventions have directly resulted in the creation of over 90,000 jobs,” he said.
Odii revealed that the agency’s focus under the GROW initiative would be concentrated on eight sectors considered vital to economic diversification and inclusive growth.
These include agriculture value chains, fashion and textiles, tourism and hospitality, manufacturing and production, education, the Nigerian digital economy, innovation, and the adoption of new technologies.
