Tinubu presides over FEC meeting
President Bola Tinubu is presiding over a Federal Executive Council meeting in Abuja, where a new national policy on Small and Medium Enterprises is on the Read More: https://punchng.com/tinubu-presides-over-fec-meeting-6/
President Bola Tinubu convened a meeting of the Federal Executive Council at the State House in Abuja. The gathering commenced shortly after his arrival at 2:34pm, with Vice President Kashim Shettima by his side. Observers noted the absence of several key Ministers, including Defence, Foreign Affairs, Federal Capital Territory and Aviation.
The council is anticipated to deliberate on a new National Policy on Small and Medium Enterprises (SMEs). Charles Odii, Director-General of the SME Development Agency of Nigeria, had previously announced the policy during the launch of a free digital training program aimed at enhancing SMEs' access to government contracts in Abuja.
Odii expressed his agency's eagerness to collaborate, stating the portal would facilitate SMEs' participation in public procurement, fostering local economic growth. The national policy on SMEs is currently under review, aiming to enhance SME participation in public procurement from 2026 to 2030.
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