Vice President Kashim Shettima announces the establishment of a fashion hub in Benue State, expected to generate 48,000 jobs and boost local economic growth and skills development.
The lifeline of the country’s economy, according to Senator Kashim Shettima, the Vice President, are Micro, Small and Medium Enterprises (MSMEs). This was stated on Tuesday.
During the inauguration of the Benue MSME fashion hub, Shettima stated in Makurdi that it is expected to generate employment opportunities for 48,000 youths.
Senator Ibrahim Hadejia, the Deputy Chief of Staff from the Office of The Vice President, highlighted that MSMEs provide a robust foundation for economic stability.
“It’s clear that without keeping MSMEs as a top priority, growing Nigeria’s economy will be unattainable,” he stated.
Shettima observed that the Federal Government’s aim in intervening is to promote a favorable atmosphere through MSMEs.
“MSMEs make up 96% of business activities in Nigeria and contribute over 45% to our economy, making them the backbone,” he stated.
If it weren’t for them, more than 80% of Nigeria’s labor force would be unemployed.
The Vice President announced the plan to create fashion hubs and ICT centers in every state of the federation. He also noted that, currently out of five inaugurated hubs, Benue’s fashion hub is among one of the largest.
READ ALSO: Court remands PDP chieftains Mffo and Iortyom in Benue
According to him, the Benue hub boasts more than 200 production machines and 100 ICT units.
The Vice President stated that the machines are capable of manufacturing state and external military and school uniforms.
“The Vice President stated that the hub meets global standards, and it is anticipated to generate 48,000 employment opportunities,” expressed with assurance.
Rev. Fr. Hyacinth Alia, the State Governor who commended the Federal Government for its initiative, exuded optimism that it would act as a driving force to spur progress and advancement not just in his state alone but throughout the Middle Belt region at large when he delivered his speech.
He stated that their dedication lies in guaranteeing the project’s fulfillment of empowering their community and adding to the socio-economic revolution of their region.
The donation of 70 computers, as well as sewing and weaving machines, a 100KVA generator and other valuable equipment was gratefully acknowledged by Alia to support the ICT section of the hub.
