VAIDS

Tuesday, October 3, 2023

MSME BUSINESS OPTIMISATION CLINIC by NBCC

 The volume gathering of the Business and enterprise at MSME BUSINESS OPTIMISATION CLINIC was a glamour moment.

 

The speaker Mrs. Udo Okonjo, CEO (Fine and Country West Africa) expressively analysis the downstream of the new MSME in the digital generation as GROWTH to be taken as mediocrity.

 

.......... Mrs. Okonjo single handedly break it down. (G.R.O.W.T.H.)

1.     G - Ground work of Laying a foundation

2.     R - Resilience BUSINESS Model

3.     O - Outstanding Optimisation offering, help you stand out in market by practicing MEDIOCRITY as a source of standardized entrepreneurs used as change maker solution bearer.

4.     W - Wealth & Financial continuity of product presentation.

What is your margin for creating wealth?

Just understand your multiple stream, instead of running      everywhere.

 

What is your interest rate?

Know your financial Status by mastering your output and input income irrespective of your mathematics knowledge.

 

5.     T- Transformational leadership do not fly Solo

6.     H - Holistic Growth

           Growth is not all about standard but the strategy.

 

In conclusion, Mrs. Ude Okonjo added, the biggest thing you have Control over is ("The Human Factor , it remain at a premium").

The human should not be condemned for creating growth....

 

Question from the Audience flies in immediately after the speech that almost seems like a Master Class.

Q;    How do i track down money through Technology, without leaking Money???

 A      =  Automator


Q ;   What advice can you give someone with no ideal of Business?

 A      = Pay attention to problem you want to solve and do not Afraid to try.


Q;    Don't you think for Mediocrity things are forced to go below standard in Nigeria?

A      = Remain in standard to retain your quality on both products & purchaser.

 

At the point of convincingly rendering a desirably Master standard speech with a 100% satisfying answers.

 

The moderator stepped on, welcoming the representative from The Nigeria Export Promotion Council (NEPC), Mrs. Patience Afamide whose voice assured Nigerian on the brands strength and benefits to MSME depend on your sector as a registered business, export development funds which is the certificate for export expansion. Agregro Sector, manufacturing, Art & Crafts, Semi process, Value addition Fashion etc,

And in order to qualify for the fund certificate support, your export Must exceeded 5M and above.

 

On same ground, the Representative from (SON), Mrs. Phebean Arumemi made clear roll of SON to be a supportive body to brand products, and the important of having a standard products are well marketed, and be Competitive enough to face the country Market at large. The SON assessment plan to screen and approved your products is the. Number of products and standard and it is access from their state offices.

SON do not have middle man or agents.

The MSME is standard from the SON perceptive is relied on the entrepreneur, producer and consumers. Standard are done to satisfy needs.

 

MSME BUSINESS should be involved! Be interested! Come to SON to initiate your products to Nigeria satisfaction.

 

Mrs. Aderonke Akintuyi speaks of the position of the Bank of Industry (BOI) in the MSME, providing Finance to the entire value.

 

Note; the support of BOI in business at its stages is at a point when the business is already progress on scale of expansion of Cash flow & Cash Value.

 

- MSME have you employer

- Demonstrate your commitment

- Patience Loan

- Success fee during the loan protocol

- 5C of credit to gain loan is from 10M & above.

 

NAFDAC representative, Mrs. Sarah Ajayi talking on the standard on a point that, NAFDAC do not set standard, Rather, we work on regulations & guidance covering all the services you need to get and we have digitalized out process of getting the regulation done.

 

Specific regulations

- we do not set standard

- ensure manufacturer complies

- guidelines & regulations

- state offices

 

Below is the effort of NAFDAC to satisfy the MSME BUSINESS

1. Paying 50%

2. Streamline requirements

3. Share facilities

4. Help MSME getting products Screen in the laboratory

5. They are help desk in our digitals entry in the offices.

 

We hope you have enough to digest, and for more details, visit their offices and websites.


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