Tinubu hails $12m Abuja entrepreneurship centre to boost MSMEs, create jobs

President Bola Tinubu has welcomed the construction of the $12 million Abuja Centre for Entrepreneurship, saying the facility will strengthen Nigeria’s micro, small and medium enterprises (MSMEs) ecosystem and create more opportunities for businesses to grow.

The President said the centre would provide entrepreneurs, start-ups and growing businesses with access to facilities, technology, training and enterprise support.

This Centre will provide more of that support and strengthen the ecosystem around them.

The centre will serve businesses in Abuja and surrounding cities, including Kaduna, Jos, Keffi, Lafia, Minna, Makurdi and Lokoja, while supporting the development of the wider MSME and entrepreneurship ecosystem across Northern Nigeria.

Tinubu said the Federal Government would continue to create conditions that enable small businesses to grow and compete.

We want more Nigerians to be able to start businesses, grow them and employ others. We also want existing small businesses to have the tools they need to scale and succeed.

The facility, funded by South Korea through the Korea International Cooperation Agency (KOICA), is expected to benefit 2,500 MSMEs, including 500 entrepreneurs and 400 start-ups, by providing training, technology, incubation and other business support.