Akwa Ibom State Government has announced new measures to enhance funding, training, and overall support for Small and Medium Enterprises (SMEs) across the state.
The Commissioner for Trade and Investment, Capt. Iniobong Ekong (Rtd.), made this known while briefing newsmen on Wednesday, stating that the initiative is part of Governor Umo Eno’s broader plan to reposition the state as a hub for trade, investment, and industrialisation.
According to the Commissioner, the Ministry will focus on driving local content, strengthening support systems for Micro, Small, and Medium Enterprises (MSMEs), and promoting Akwa Ibom as a competitive investment destination. “We will scale up access to finance, training, and market opportunities for micro, small, and medium enterprises across all local government areas,” he said.
He further explained that the Ministry will roll out empowerment programmes targeted at improving access to finance, business training, and market linkages for entrepreneurs in all 31 local government areas. Ekong stressed that the government is committed to ensuring small businesses are adequately equipped to thrive in both local and global markets.
Highlighting the Ministry’s strategic focus, the Commissioner noted that plans are underway to create industrial clusters and agro-processing hubs, particularly in rural communities. He said this initiative aligns with Governor Umo Eno’s vision of rural development and economic inclusion.
Other priorities outlined include the review of regulatory frameworks to reduce the cost and complexity of doing business, as well as the launch of an investment roadmap designed to spotlight sectors such as agriculture, ICT, aviation, manufacturing, maritime, tourism, and power. Ekong added that the state will step up trade facilitation efforts to boost non-oil exports and create new investment opportunities.
The Commissioner also disclosed that investment desks will be established in the state’s liaison offices in Abuja and Lagos. He mentioned that the Ministry will compile a comprehensive Investment and Trade Compendium while also strengthening collaboration with ministries, regulatory agencies, development partners, the private sector, and the diaspora community.
Speaking at the event, Chairman of the Nigeria Union of Journalists (NUJ), Akwa Ibom State Council, Comrade Nsibiet John, pledged the union’s support. He assured the Commissioner that journalists will collaborate closely with the government, promising proactive public enlightenment and responsible reporting of investment-driven initiatives.
