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By Emmanuel Daudu, Abuja

Forum of Micro, Small, and Medium Enterprises (MSME) Business Membership Organizations (FOMSBON) has reaffirmed its commitment to launching a five (5) year’s strategic plan that is aimed at creating an approximated 2.5m jobs annually by MSMEs, establishing an institutional structure to support sustainable availability of long term affordable business finance for MSMEs, and create a credible data bank of MSMEs disaggregated by sector, location, gender, size of investments, needs, and lots more.

The Board of Trustees of the Forum for Micro, Small and Medium Enterprises (MSME) Business Membership Organizations (FOMSBON), led by Mrs. Rose D. S. Gyar made this known in a virtual meeting with the Chief Executive Officer of the National Economic Summit Group, Mr. Jaiyeola recently.

In the course of the meeting, Mrs. Rose Gyar opened up a discussion on the proposed official inauguration of the Forum for MSME Business Membership Organizations (FOMSBON).

After extensive discussion between the BOT delegation who were supported by some key players and leaders of BMOs and the CEO of NESG and his team, including the representative of the Fate Foundation and leader of the MSME Community of Practice, it was mutually agreed that FOMSBON members would be enrolled into the membership of Community of practice.

Digressing on the legality of the forum, she stated that the forum is a registered platform of MSME operators’ groups across gender, economic sectors, and social status to promote coordinated evidence-based advocacy on cross-cutting issues within the MSME space, for structured engagement with stakeholders in both public and private sectors.

Mrs. Rose Gyar however, emphasized the need for operators to be at the table when discussions around MSME development and competitiveness are discussed rather than being represented by consultants or individual entrepreneurs for the purpose of feedback and targeted discussions to support surmounting cross-cutting challenges within the MSME space.
“This is because when representatives of Business Membership Organizations are on the table, they take the message to their members and bring feedback directly contributing to the discourse practically for a better solution”, she added.

She, therefore, urged the CEO of NESG and his partners to support the advocacy of FOMSBON to officially launch the platform by playing a strategic role as well as establishing a sustained relationship with FOMSBON towards ensuring the development and competitiveness of the MSME space while also strengthening institutional capacities of members of FOMSBON for effective partnership with stakeholders and delivery of services to members.

In his contribution to the discussion, Mr. Joseph Attach who is the chairman of the inauguration committee reiterated the need for all hands to be on deck by all stakeholders operating within the MSME space and economic sector to ensure the success of the inauguration pointing out that the strategic plan would serve as a reservoir of information for the general public.

Chief Executive Officer of the National Economic Summit Group, NESG, Mr. Jaiyeola said, his organization is readily available for partnership with the forum, pointing out that it would help his organization in achieving its aims and objectives seamlessly.

Other dignitaries at the meeting are Dr. Albert Akinyemi. BOT chairman Alhaji Garbage Ibrahim, Mni BOT member and Interim National Chairman Barr (Mrs) Vera Ndanusa, BOT member/Secretary Dr. Francis Aleneme, member inauguration committee, Biodun Ogundipe, National Secretary, Association of Women in Micro, Small and Medium Enterprises (AWIMSME), member inauguration committee, Apostle Anne Fidel Igbo, National Coordinator Federation of Women Associations in MSMEs (FEDWIM), member FOMSBON.

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