Plateau State Government says it is committed to providing capital for petty traders through an economic empowerment program to alleviate the suffering of the people. Deputy Governor Prof. Sonny Tyoden stated this during the opening ceremony of the annual meeting and national congress of the corporative society of Nigeria at Hill Station Hotel Jos. The congress attracted delegates across the country with the theme ‘Securing Reliable Capital to Enhance Job Creation and Employment Generation in Nigeria, Challenges and Progress’.
Prof Tyoden said government is determined to provide the enabling environment through effecting policy formulation and implementation for reviving ailing industries and the stimulation of trade and commerce. He pointed out that corporate society will provide suitable and variable vehicles for the translation of this program into paradigmatic and social-economic. The government expresses optimism that the contents of the workshop will led deliberations towards finding reliable corporative financial system and granting assess from Central Bank of Nigeria CBN’s 220 Billion Naira warehouse funds for micro small and medium enterprise development.
President corporative federation of Nigeria Jibrin Bala represented by 2nd vice president Sambo Yusuf noted that the workshop was a good start for the state and federation review of the present administration’s change mantra which cut across the all sectors of the economy. Bala while lamenting several challenges facing the growth of the corporative in the country commended CBN for setting aside over 200 Billion Naira for small and medium scale industries.
In his welcome address, president corporative of Nigeria Plateau state chapter Shammy Samuel said accessibility to funds has remained a problem in the smooth progress of the corporative society of Nigeria and appeal to government to intervene.