By Sunday Okobi
In order to tackle the present economic crises in
the country through small and medium enterprise (SME), the management of
Ultimate Onelove Empowerment and Investment Company Nigeria Limited, a loaning
and investment and empowerment firm in Lagos, has charged the federal
government, through the ministry of commerce, to constantly offer free and easy
business development plans for those in the SME sector on the loans provided to
them for business.
The firm also urged the government to intensify
easy access to small business loan as well as set up council to educate and
supervise the growth of their businesses.
These advices were offered to the government and
public at a press conference held recently in Lagos by the company to herald its seventh
year anniversary and end of the year party taking place on December 1, 2019, at Jonel Garden Hotel,
Iyana-Ejigbo, Lagos.
At the event, the Managing Director of the
investment firm, Mrs. Lynda Eze-uneke, told THISDAY that their company has
provided loans and business development roadmaps to numerous small and medium
businesses in Lagos and the South-east region as well as offer them constant
mentorship on proper management and growth small business, as she called on the
government to complement their efforts on SMEs in the country.
According to Eze-uneke, “The federal government, in order to grow the economy and take the country to a deserved state, should offer the stakeholders in the SME sector easy access to loan and free, easy and short term training on business development plans and proper management of the loans given to them, just like what our company is doing in local communities in Lagos and South-east area.
“We are providing people in the small and medium
scale business with information on how to manage the loans given to them. We
also encourage them on the importance of savings, the rules and benefit of
savings and therefore making them to develop the habit of savings which in turn
helps them to meet up with their urgent needs as well as keeping their business
alive.
“Ultimately, we give them easy access to loan with
low interest rate to boost up their businesses.”
The MD, who berated and described the federal
government Tradermoni and Marketmoni programme for not being enough to start a
substantial (SME) business, added that such money for a business plan was just
a distraction which wouldn’t take any serious business-minded person anywhere,
calling for SMEs to be giving high priority by the government, not doling out
pittance in the name of SME loan.
Ultimate Onelove Empowerment and Investment Company
Nigeria Limited boss, however, lauded the federal government over the border
closure, which she said is of great help and advantageous “to our economy and
the Nigerian people.
Eze-uneke stated that their company is ready to help the government carry out the
training of traders and those in the SME sector on various business development
plans if given the opportunity, adding that “we have been organising interested persons in business plans, train
them on the job creation, provide them with proper information and knowledge
necessary in building their capacity to carry out their businesses, supervise
them, disbursing directly to them whatever offer that comes their way from the
government as well as monitor the growth of the business.
“So it would be an honour if Ultimate Onelove
Empowerment and Investment Company Nigeria Limited is called to offer its quota
to the economic development and growth of Nigeria.”
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