The director-general explained that SMEs would transform the economy of the region by gradually growing small scale entrepreneurships into large scale ones.
“We are very excited that Gov. Seriake Dickson has made small and medium scale enterprises a pillar for his restoration programme for Bayelsa.
“We believe that given that 95 per cent of the world’s population is driven by SMEs, the problems of the country’s income distribution and unemployment can be addressed same way.
Oteh said the ecosystem approach which focused on providing finance through the SME development fund and skills development partnership was a recipe for transforming the region.
“Bayelsa has the ecosystem to become Africa’s Dubai, given the strategy that the state government has adopted.
She said that job creation through SMEs would engender economic growth and development.
“If we must have inclusive growth, we have to meet our challenge of unemployment by job creation.
“Nigerians are hard working and enterprising. What is needed is for Nigerians to realise their potential to change their fortune,” she said. (NAN)