National Productivity Centre and Pan African Association of Small and Medium Industries Form Strategic Partnership to Boost SMEs in Nigeria

National Productivity Centre and Pan African Association of Small and Medium Industries Form Strategic Partnership to Boost SMEs in Nigeria

In a remarkable development for small and medium enterprises in Nigeria, the National Productivity Centre (NPC) and the Pan African Association of Small and Medium Industries (PAOSMI) have formalized a partnership through the signing of a Memorandum of Understanding (MoU) on Wednesday, March 20th, 2024. The official signing ceremony took place in Abuja, the capital city of Nigeria.

The primary aim of this MoU is to create a structured collaboration between NPC and PAOSMI, with a focus on promoting productivity enhancement and capacity building for SMEs across Nigeria. Both organizations have outlined specific areas of cooperation to be targeted under this partnership. These include joint capacity building programs, sharing of knowledge, advocacy and policy discussions, information exchange, and the provision of technical assistance to SMEs in critical areas such as productivity enhancement and technology implementation.

This strategic alliance is expected to bring about concrete benefits for small and medium-sized enterprises in the country by offering them valuable resources, support, and expertise to help them grow and thrive in a competitive business environment. The implementation of joint initiatives and the exchange of best practices between NPC and PAOSMI are set to make a significant impact on the productivity and overall success of SMEs in Nigeria.

DG NPC, Dr Raji-Mustapha and DG PAOSMI, Dr Emejuo at the MOU signing ceremony