Atiku Abubakar has assured Nigerians he will launch a more efficient, cost-effective and sustainable national Entrepreneurship Development and Job Creation Programme which shall in collaboration with the private sector shift the status of the unemployed, especially the youth, to a more economically empowered position by providing greater access to quality skills training and better employment opportunities.
The policy plan as presented by Atiku Abubakar will focus on restoring a stronger, equitable and more prosperous Nigeria that provides jobs and opportunities for its teeming In Nigeria today, among the key issues affecting the performance of MSMEs is the limited availability of credit, but Atiku intends to ameliorate this by facilitating the establishment of the SME Venture Capital Fund by the private sector to provide longer-term capital for targeted small firms.
The aim is to attract a minimum of $250 million of private sector funding for Nigerian small businesses. Government will also establish a platform for de-risking SME lending and increase the MSMEs funding window currently from N200 billion to N500 billion. Apart from this, Atiku's plan includes promoting awareness of the National Collateral Registry of Nigeria and further simplifying the collateral registration process; this, it is believed will help to unlock much needed finance for MSMEs.
According to Atiku Abubakar "Our youths are our most valuable resource and charting new frontiers. Their entrepreneurial spirit, work ethic, and creative abilities are things of pride and should be applauded, encouraged and nurtured I should know, I have thousands of them working for me all over the country"