Governor of Lagos State, Babajide Sanwo-Olu, has said that the present administration is making deliberate efforts to support the growth of the Micro, Small and Medium Enterprises (MSMEs), with the promulgation of policies that would ensure the sector continues to prosper.
He stated this while addressing participants at the opening ceremony of the 4th edition of Micro, Small and Medium Enterprises Exclusive Fair on Thursday in Lagos.
He noted that the State’s Procurement Law was recently reviewed to encourage patronage of locally made products by government agencies.
This step, according to him, was a way of showing the State government’s disposition towards giving owners of small businesses a mileage by expanding their frontiers and creating additional opportunities for them.
Governor Sanwo-Olu encouraged other stakeholders outside the State Government circle to promote, patronise and use indigenous products and services in order to guarantee an overall development of the sector.
He maintained that the potentials of the MSME sector are too attractive to be ignored by any discerning government in the 21st century, assuring that the Lagos State Government will not pay cursory attention to the growth of the sector.