Small and Medium Enterprises Development Agency of Nigeria. Photo: SMEDAN
The Small and Medium Enterprises Development Agency of Nigeria has secured a $12m commitment from the South Korean Government to establish a world-class Skills Acquisition Centre in Abuja as part of efforts to deepen entrepreneurship, tackle unemployment and strengthen Nigeria’s small business ecosystem.
The Director-General and Chief Executive Officer of SMEDAN, Charles Odii, disclosed this in a statement on Sunday to mark the 2026 World MSME Day, themed “Empowering MSMEs through Innovation and Sustainable Industrial Development.”
Odii said the proposed centre would provide vocational and entrepreneurial training to thousands of young Nigerians and improve the productive capacity of Micro, Small and Medium Enterprises across the country.
He revealed that the agency was awaiting the allocation of land from the Federal Capital Territory Administration to commence the project.
